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 equities research analysts have issued twelve-month price targets for Bentley Systems' shares. 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 year. This suggests a possible upside of 11.2% from the stock's current price.
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Bentley Systems' stock was trading at $52.18 at the beginning of 2024. Since then, BSY shares have increased by 0.8% and is now trading at $52.58.
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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) announced its quarterly earnings data on Tuesday, February, 27th. The company reported $0.18 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.18. The firm earned $310.64 million during the quarter, compared to analyst estimates 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 company's quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.13 earnings per share.

Bentley Systems announced a quarterly dividend on Wednesday, February 21st. Stockholders of record on Wednesday, March 20th will be given 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 0.46%. The ex-dividend date is Tuesday, March 19th. This is a positive change 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 0.49%. 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 First Trust US Equity Opportunities ETF (FPX), Fidelity Metaverse ETF (FMET), Touchstone Climate Transition ETF (HEAT), BlackRock Future Innovators ETF (BFTR), Pacer BlueStar Engineering the Future ETF (BULD), VanEck Robotics ETF (IBOT), VictoryShares Nasdaq Next 50 ETF (QQQN) and ERShares Entrepreneurs ETF (ENTR).

Bentley Systems issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) 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 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 acted 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 retail and institutional investors. Top institutional investors include LVW Advisors LLC (0.01%), Strategic Advocates LLC (0.00%), MJP Associates Inc. ADV (0.00%), Park Avenue Securities LLC (0.00%), Thrive Wealth Management LLC (0.00%) and First Bank & Trust (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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