How to Buy Brightsphere Investment Group Stock
Brightsphere Investment Group Inc
BrightSphere Investment Group Inc. is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries.
Brightsphere Investment Group stock last closed at $22.96, down 0.52% from the previous day, and has increased 2.5% in one year. It has overperformed other stocks in the Asset Management industry by 0.06 percentage points. Brightsphere Investment Group stock is currently +50.8% from its 52-week low of $15.23, and -2.84% from its 52-week high of $23.63.
As of Apr 25, 2024, there are 38.21M BSIG shares outstanding. The market value of BSIG is $877.25M. In the past 24 hours, 148,990 BSIG shares were traded.
How to Buy Brightsphere Investment Group Stock
Not sure how to invest in Brightsphere Investment Group stock? Here's how.
- Choose where to buy Brightsphere Investment Group stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Brightsphere Investment Group stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Pick your payment method and add your details.
- Analyze Brightsphere Investment Group stock: The Brightsphere Investment Group ticker symbol is BSIG. Is Brightsphere Investment Group stock a good investment? Should you buy shares of BSIG? How do BSIG's underlying business fundamentals look? Do top analysts think Brightsphere Investment Group is a good buy? Why has BSIG's stock price moved recently? (Hint: Our stock analysis website can help you understand if BSIG is a good stock to buy).
- Place your BSIG trade: Decide if you will purchase BSIG shares at the current market price or use a limit order to buy BSIG shares at a specific price.
- Get key alerts regarding your investment in BSIG: Create a watchlist to keep track of your investment in Brightsphere Investment Group shares.
Step 1: Choose where to buy Brightsphere Investment Group stock
You will need an online brokerage account in order to access the NYSE market and buy BSIG stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal info so you are able to buy BSIG stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create a new trading account.
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Step 3: Deposit money your brokerage account
Now that you've filled out your info on the highest rated stock app, you need to deposit funds:
Check out the video below to see the process of transferring funds into your new brokerage account.
Step 4: Analyze Brightsphere Investment Group stock
After you have decided on the best place to buy Brightsphere Investment Group stock, it's important to evaluate their stock before you buy, so you can understand the risk and opportunity.
Brightsphere Investment Group shares at a glance
Brightsphere Investment Group Due Diligence Checks
WallStreetZen was built to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on BSIG's stock page.
How is BSIG stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BSIG's fair value.
Using relative valuations ratios:
- BSIG may be undervalued based on its P/E ratio of 14.44x, relative to Asset Management industry P/E ratio of 30.98x
- BSIG may be overvalued based on its P/B ratio of 17.72x, relative to Asset Management industry P/B ratio of 2.34x
- BSIG may be undervalued based on its PEG ratio of 0.76x
You can access additional valuation analysis on BSIG's stock here.
A quick look at BSIG Financials
Pros:
- BSIG earnings of $114.80M is not enough to cover its interest payments.
Cons:
- BSIG's operating cash flow of $68.30M allows it to safely service it's debt of $346.30M.
- Total BSIG debt is higher than 5 years ago, relative to shareholder equity.
- BSIG has a relatively high debt to equity ratio of 11.35.
- BSIG profit margin has gone down from 24.1% to 15.4% in the past year.
Is Brightsphere Investment Group stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who monitor BSIG, the consensus analyst rating on Brightsphere Investment Group is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Brightsphere Investment Group stock forecast page.
Metrics for Advanced BSIG Traders
BSIG Growth Numbers
Last year, BSIG earnings were $65.80M. Over the past five year, BSIG's earnings have gone up by 4.6% per year. This was slower than the Asset Management industry average of 7.01%.
Last year, BSIG revenue was $426.60M. Over the last 5 year, BSIG's revenue has gone up by -14.4% per year. This was slower than the Asset Management industry average of 20.66%.
You can analyze BSIG's earnings and revenue performance here.
Latest Insiders Trades at BSIG
Over the last year, insiders at BSIG have sold more shares than they have bought.
Richard Jonathan Hart, Chief Legal Officer of BSIG, was the latest BSIG insider to sell. They sold $76,122.60 worth of BSIG stock on Feb 15, 2024.
Learn more about who owns BSIG stock here.
Does BSIG stock generate passive income?
Brightsphere Investment Group pays a dividend of 0.17%, compared to the Asset Management industry's average dividend yield of 6.76%. If you owned $1,000 of BSIG stock, you would have received $1.74 last year.
Brightsphere Investment Group dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more analysis about Brightsphere Investment Group dividend yield and history here.
What others are saying about BSIG
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your BSIG trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open button and your broker will place the order.
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Step 6: Get key alerts regarding your investment in BSIG
Now that you own some BSIG stock, you'll want to keep up with your new investment.
Make a watchlist to get alerted to the latest events about your BSIG stock.
BSIG Feed
How to Buy Stock in Brightsphere Investment Group
To summarize, here are the 6 steps for buying Brightsphere Investment Group stock:
- Choose where to buy Brightsphere Investment Group stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Analyze Brightsphere Investment Group stock
- Place your BSIG trade
- Get key alerts regarding your investment in BSIG
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Brightsphere Investment Group, add BSIG to your watchlist below.
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