NYSE:BBU

Brookfield Business Partners (BBU) Stock Price, News & Analysis

$19.85
+0.19 (+0.97%)
(As of 10:49 AM ET)
Today's Range
$19.81
$19.99
50-Day Range
$19.25
$23.10
52-Week Range
$12.22
$23.75
Volume
3,255 shs
Average Volume
15,616 shs
Market Capitalization
$1.47 billion
P/E Ratio
3.06
Dividend Yield
1.26%
Price Target
$29.67

Brookfield Business Partners MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
49.5% Upside
$29.67 Price Target
Short Interest
Healthy
0.01% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.49mentions of Brookfield Business Partners in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.19%
From $3.95 to $4.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.45 out of 5 stars

Business Services Sector

38th out of 303 stocks

Construction - Special Trade Contractors Industry

2nd out of 7 stocks

BBU stock logo

About Brookfield Business Partners Stock (NYSE:BBU)

Brookfield Business Partners L.P. is a private equity firm specializing in acquisition. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P. was founded in 2016 and is based in Hamilton, Bermuda. Brookfield Business Partners L.P. operates as a subsidiary of Brookfield Corporation.

BBU Stock Price History

BBU Stock News Headlines

This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Brookfield Business Partners (NYSE:BBU) Trading 3% Higher
BBU Jun 2024 15.000 put
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
BBUC Oct 2024 30.000 call
Brookfield Business Partners LP BBU
Brookfield Business Partners LP BBU.UN
Sale of Westinghouse Receives Regulatory Approval
See More Headlines
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Company Calendar

Last Earnings
2/02/2024
Ex-Dividend for 3/28 Dividend
2/28/2024
Dividend Payable
3/28/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Construction - special trade contractors
Sub-Industry
N/A
Fax
N/A
Employees
72,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.67
High Stock Price Target
$34.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+49.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$482 million
Pretax Margin
6.76%

Debt

Sales & Book Value

Annual Sales
$55.07 billion
Cash Flow
$99.25 per share
Book Value
$239.52 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.47 billion
Optionable
Optionable
Beta
1.41
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Key Executives

  • Mr. Jeffrey Miles Blidner (Age 76)
    Vice Chairman, Management & Affiliated Director
  • Mr. Cyrus Madon (Age 58)
    Executive Chair, MP & Head of Private Equity
    Comp: $1.07M
  • Mr. Anuj Ranjan (Age 45)
    Chief Executive Officer
  • Mr. Justin B. Beber (Age 54)
    Managing Partner, Chief Administrative Officer, General Counsel & Head of Corporate Strategy
  • Ms. Jaspreet Dehl CPA (Age 46)
    Managing Partner of Private Equity & Chief Financial Officer
    Comp: $807.76k
  • Mr. Niel Thassim (Age 50)
    Managing Partner, COO & Head of Client Strategy of Private Funds Group
  • Mr. Alan Matthew Fleming
    VP of Investor Relations & MD
  • Mr. Ronald Fisher-Dayn
    Managing Partner of Compliance
  • Ms. Suzanne Fleming
    Managing Partner of Corporate Communications
  • Mr. Craig J. Laurie (Age 52)
    Managing Partner of Insurance Solutions

BBU Stock Analysis - Frequently Asked Questions

Should I buy or sell Brookfield Business Partners stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Business Partners in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BBU shares.
View BBU analyst ratings
or view top-rated stocks.

What is Brookfield Business Partners' stock price target for 2024?

6 brokerages have issued 12 month price targets for Brookfield Business Partners' shares. Their BBU share price targets range from $26.00 to $34.00. On average, they anticipate the company's stock price to reach $29.67 in the next twelve months. This suggests a possible upside of 49.5% from the stock's current price.
View analysts price targets for BBU
or view top-rated stocks among Wall Street analysts.

How have BBU shares performed in 2024?

Brookfield Business Partners' stock was trading at $20.58 at the beginning of the year. Since then, BBU stock has decreased by 3.5% and is now trading at $19.85.
View the best growth stocks for 2024 here
.

Are investors shorting Brookfield Business Partners?

Brookfield Business Partners saw a increase in short interest in March. As of March 31st, there was short interest totaling 10,100 shares, an increase of 36.5% from the March 15th total of 7,400 shares. Based on an average daily volume of 16,900 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.
View Brookfield Business Partners' Short Interest
.

When is Brookfield Business Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our BBU earnings forecast
.

How can I listen to Brookfield Business Partners' earnings call?

Brookfield Business Partners will be holding an earnings conference call on Friday, May 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Brookfield Business Partners' earnings last quarter?

Brookfield Business Partners L.P. (NYSE:BBU) posted its earnings results on Friday, February, 2nd. The business services provider reported $6.57 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $5.67. The business services provider earned $13.41 billion during the quarter. Brookfield Business Partners had a trailing twelve-month return on equity of 21.74% and a net margin of 6.86%. During the same period in the prior year, the business earned $1.49 EPS.

How often does Brookfield Business Partners pay dividends? What is the dividend yield for Brookfield Business Partners?

Brookfield Business Partners declared a quarterly dividend on Friday, February 2nd. Stockholders of record on Thursday, February 29th will be given a dividend of $0.0625 per share on Thursday, March 28th. This represents a $0.25 annualized dividend and a yield of 1.26%. The ex-dividend date is Wednesday, February 28th.
Read our dividend analysis for BBU
.

Is Brookfield Business Partners a good dividend stock?

Brookfield Business Partners (NYSE:BBU) pays an annual dividend of $0.25 per share and currently has a dividend yield of 1.29%. The dividend payout ratio is 3.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBU will have a dividend payout ratio of 5.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BBU.

What other stocks do shareholders of Brookfield Business Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Business Partners investors own include Brookfield Asset Management (BAM), Brookfield Infrastructure Partners (BIP), Brookfield Renewable Partners (BEP), Gilead Sciences (GILD), Enbridge (ENB), Bank of America (BAC), Energy Transfer (ET), RTX (RTX) and Sunrun (RUN).

How do I buy shares of Brookfield Business Partners?

Shares of BBU 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.
Compare Top Brokerages Here.

This page (NYSE:BBU) was last updated on 4/23/2024 by MarketBeat.com Staff

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