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The Most Bought AI Stock by Congress Isn’t NVIDIA
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Mid-Cap Stocks to Outperform the Market This Cycle
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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
NYSE:BRK.B

Berkshire Hathaway (BRK.B) Stock Price, News & Analysis

Today's Range
$413.46
$417.21
50-Day Range
$359.35
$417.22
52-Week Range
$300.59
$430.00
Volume
2.93 million shs
Average Volume
3.57 million shs
Market Capitalization
$901.05 billion
P/E Ratio
9.42
Dividend Yield
N/A
Price Target
$414.00

Berkshire Hathaway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.7% Downside
$414.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
19.08%
From $18.50 to $22.03 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.

0.73 out of 5 stars

Finance Sector

786th out of 844 stocks

Fire, Marine, & Casualty Insurance Industry

44th out of 50 stocks

BRK.B stock logo

About Berkshire Hathaway Stock (NYSE:BRK.B)

Berkshire Hathaway Inc Class B, listed on the New York Stock Exchange under the ticker symbol BRK.B, is a holding company based in Omaha, Nebraska. The company was founded in 1839 as a textile manufacturing firm and has since evolved into a multinational conglomerate with a diverse portfolio of businesses across industries, including insurance, retail, manufacturing and energy.

The company is led by its CEO, Warren Buffett, widely regarded as one of the most successful investors ever. Under his leadership, Berkshire Hathaway has grown to become one of the largest publicly traded companies in the world, with a market capitalization of over $600 billion.

Warren Buffett has been the CEO of Berkshire Hathaway since 1970 and is also the company's chairman and largest shareholder. Alongside Buffett, the company's board of directors includes several other prominent business leaders, including Charlie Munger, Vice Chairman of Berkshire Hathaway and Bill Gates, the co-founder of Microsoft.

In recent years, there have been some changes to Berkshire Hathaway's leadership team. In 2020, Ajit Jain was promoted to Vice Chairman of Insurance Operations, while Greg Abel was named Vice Chairman of Non-Insurance Business Operations. These moves were part of a broader succession plan for Berkshire Hathaway, as Buffett is now in his 90s.

Berkshire Hathaway's financial performance has been strong over the past few years, with consistent revenue growth and solid profit margins. 

The company has a strong balance sheet, with over twice as many assets as liabilities. Berkshire Hathaway also has a low debt-to-equity ratio, indicating a conservative approach to financing. Berkshire Hathaway's valuation metrics are often compared to other insurance and financial services companies. Using those metrics, Berkshire Hathaway falls in line with generally accepted metrics values. Berkshire Hathaway's stock performance has been solid over the past few years, although it has underperformed in the broader market in some periods. 

Berkshire Hathaway operates in various industries, including insurance, retail, manufacturing and energy. The insurance business, which includes subsidiaries such as GEICO and Berkshire Hathaway Reinsurance Group, is a crucial driver of the company's overall performance. The company also has significant holdings in companies such as Apple, Bank of America and Coca-Cola.

The insurance industry is intense, with companies competing on price, product offerings and customer service. In addition, regulatory and political issues can significantly impact the industry. However, Berkshire Hathaway's size and diversification provide a significant advantage in weathering these challenges.

Berkshire Hathaway's diverse portfolio of businesses provides numerous growth opportunities. The company has a long history of acquiring companies and investing in new ventures and is willing to pursue opportunities in various industries.

One potential area of growth for Berkshire Hathaway is renewable energy. In recent years, the company has made several investments in wind and solar energy projects and has signaled its intention to continue expanding its presence in this space. Given the growing demand for clean energy and the increasing focus on sustainability, this could be a promising area for the company to pursue.

Another potential area of growth is the technology sector. Berkshire Hathaway has traditionally been known for investing in more traditional industries such as insurance and manufacturing. However, the company has also recently made several high-profile investments in technology companies. For example, the company has a significant stake in Apple, one of the best-performing stocks in recent years.

Like any company, Berkshire Hathaway faces risks and challenges that could impact its future performance. One of the most significant risks is the potential for a downturn in the broader economy. Given the company's diverse portfolio of businesses, it is not immune to the effects of a recession or other economic challenges.

Another challenge facing Berkshire Hathaway is the potential for regulatory or political changes that could impact its operations. For example, tax laws or trade policy changes could significantly impact the company's profitability.

Berkshire Hathaway's reliance on its CEO and chairman, Warren Buffett, is a potential risk. Buffett is widely regarded as one of the most successful investors of all time, and his leadership has been instrumental in the company's success. However, he is now in his 90s, and there are concerns about how the company will perform once he is no longer at the helm.

BRK.B Stock Price History

BRK.B Stock News Headlines

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BRK.B Mar 2024 350.000 put
BRK.B Mar 2024 390.000 call
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
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Berkshire Hathaway 2023 Valuation
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BRK.B Mar 2024 280.000 put
See More Headlines
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Company Calendar

Last Earnings
2/24/2024
Today
3/28/2024
Next Earnings (Estimated)
5/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Current Symbol
NYSE:BRK.B
Previous Symbol
NYSE:BRK/B
CUSIP
08467070
Employees
396,500
Year Founded
1839

Price Target and Rating

Average Stock Price Target
$414.00
High Stock Price Target
$414.00
Low Stock Price Target
$414.00
Potential Upside/Downside
-0.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$96.22 billion
Pretax Margin
32.43%

Debt

Sales & Book Value

Annual Sales
$364.48 billion
Cash Flow
$23.40 per share
Book Value
$262.01 per share

Miscellaneous

Outstanding Shares
2,160,730,000
Free Float
2,030,008,000
Market Cap
$901.05 billion
Optionable
Not Optionable
Beta
0.89
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Key Executives

Should I Buy Berkshire Hathaway Stock? BRK.B Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Berkshire Hathaway was last updated on Monday, March 25, 2024 at 11:21 PM.

Pros

Here are some ways that investors could benefit from investing in Berkshire Hathaway:

  • Berkshire Hathaway's operating income is projected to rise 11% this year to about $34 billion after taxes, indicating strong financial performance.
  • The company holds a capital surplus of nearly $300 billion in its insurance units, providing a significant financial cushion against unforeseen events.
  • Berkshire Hathaway's equity portfolio, valued at about $335 billion, is secure due to the nature of its insurance business and investment strategy.
  • The stock is trading at a reasonable valuation of about 20 times projected 2023 earnings, below its historical average, potentially offering a good entry point for investors.
  • With a cash balance of nearly $129 billion at the end of the year, Berkshire Hathaway has ample liquidity for potential investments or acquisitions, giving investors confidence in the company's flexibility.

Cons

Investors should be bearish about investing in Berkshire Hathaway for these reasons:

  • While Berkshire Hathaway has a strong financial position, its size and diversification across various sectors may limit its agility in responding to rapid market changes or opportunities.
  • The company's stock price, although trading at a reasonable valuation, may not experience significant short-term price appreciation compared to more growth-oriented investments.
  • Berkshire Hathaway's conservative investment approach, focusing on low-risk assets like Treasury bills, may result in lower returns compared to riskier investment strategies during certain market conditions.
  • As a conglomerate with diverse business interests, Berkshire Hathaway's performance may be influenced by factors outside of its control, such as regulatory changes or industry-specific challenges.
  • Investors seeking high-growth opportunities may find Berkshire Hathaway's steady and stable approach less appealing compared to more dynamic investment options.

BRK.B Stock Analysis - Frequently Asked Questions

Should I buy or sell Berkshire Hathaway stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Berkshire Hathaway in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BRK.B shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BRK.B, but not buy additional shares or sell existing shares.
View BRK.B analyst ratings
or view top-rated stocks.

What is Berkshire Hathaway's stock price target for 2024?

1 brokerages have issued twelve-month price objectives for Berkshire Hathaway's stock. Their BRK.B share price targets range from $414.00 to $414.00. On average, they expect the company's stock price to reach $414.00 in the next year. This suggests that the stock has a possible downside of 0.7%.
View analysts price targets for BRK.B
or view top-rated stocks among Wall Street analysts.

How have BRK.B shares performed in 2024?

Berkshire Hathaway's stock was trading at $356.66 at the start of the year. Since then, BRK.B stock has increased by 16.9% and is now trading at $417.01.
View the best growth stocks for 2024 here
.

When is Berkshire Hathaway's next earnings date?

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

How were Berkshire Hathaway's earnings last quarter?

Berkshire Hathaway Inc. (NYSE:BRK.B) posted its quarterly earnings data on Saturday, February, 24th. The financial services provider reported $3.92 EPS for the quarter, beating analysts' consensus estimates of $1.78 by $2.14. The financial services provider had revenue of $93.38 billion for the quarter, compared to analyst estimates of $76.73 billion. Berkshire Hathaway had a net margin of 26.40% and a trailing twelve-month return on equity of 6.91%.

How do I buy shares of Berkshire Hathaway?

Shares of BRK.B 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:BRK.B) was last updated on 3/28/2024 by MarketBeat.com Staff

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