Bentley Systems (BSY) Stock Price, News & Analysis

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bentley Systems in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BSY shares.
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10 analysts have issued 12-month target prices for Bentley Systems' stock. Their BSY share price targets range from $47.00 to $64.00. On average, they anticipate the company's share price to reach $58.44 in the next twelve months. This suggests a possible upside of 16.6% from the stock's current price.
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Bentley Systems' stock was trading at $52.18 on January 1st, 2024. Since then, BSY stock has decreased by 4.0% and is now trading at $50.11.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
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Bentley Systems will be holding an earnings conference call on Tuesday, May 7th at 8:15 AM Eastern. Interested parties can register for or listen to the call using this link.

Bentley Systems, Incorporated (NASDAQ:BSY) posted its quarterly earnings data on Tuesday, February, 27th. The company reported $0.18 earnings per share for the quarter, meeting the consensus estimate of $0.18. The business had revenue of $310.64 million for the quarter, compared to the consensus estimate of $313.67 million. Bentley Systems had a trailing twelve-month return on equity of 33.87% and a net margin of 26.60%. The firm's quarterly revenue was up 8.3% on a year-over-year basis. During the same period last year, the company earned $0.13 earnings per share.

Bentley Systems declared a quarterly dividend on Wednesday, February 21st. Investors of record on Wednesday, March 20th will be paid a dividend of $0.06 per share on Thursday, March 28th. This represents a $0.24 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date is Tuesday, March 19th. This is an increase from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for BSY.

Bentley Systems (NASDAQ:BSY) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.50%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BSY will have a dividend payout ratio of 25.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BSY.

ETFs with the largest weight of Bentley Systems (NASDAQ:BSY) stock in their portfolio include Pacer BlueStar Engineering the Future ETF (BULD), First Trust US Equity Opportunities ETF (FPX), Fidelity Metaverse ETF (FMET), Touchstone Climate Transition ETF (HEAT), BlackRock Future Innovators ETF (BFTR), Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG), VanEck Robotics ETF (IBOT) and VictoryShares Nasdaq Next 50 ETF (QQQN).

Bentley Systems issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion.

Bentley Systems (BSY) raised $194 million in an initial public offering (IPO) on Wednesday, September 23rd 2020. The company issued 10,800,000 shares at $17.00-$19.00 per share. Goldman Sachs, BofA Securities and RBC Capital Markets served as the underwriters for the IPO and Baird, KeyBanc Capital Markets and Mizuho Securities were co-managers.

Bentley Systems' stock is owned by a number of institutional and retail investors. Top institutional investors include Strategic Advocates LLC (0.00%), MJP Associates Inc. ADV (0.00%), Park Avenue Securities LLC (0.00%), Thrive Wealth Management LLC (0.00%), First Bank & Trust (0.00%) and Steph & Co. (0.00%). Insiders that own company stock include Barry J Bentley, Barry J Bentley, Brian F Hughes, David J Hollister, David R Shaman, Gregory S Bentley, Gregory S Bentley, Keith A Bentley, Keith A Bentley, Kirk B Griswold, Michael M Campbell, Nicholas Cumins, Raymond B Bentley and Richard P Bentley.
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Shares of BSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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