How have SBS shares performed in 2024?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock was trading at $15.23 on January 1st, 2024. Since then, SBS stock has increased by 3.3% and is now trading at $15.74. View the best growth stocks for 2024 here .

Are investors shorting Companhia de Saneamento Básico do Estado de São Paulo - SABESP?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 2,420,000 shares, an increase of 31.5% from the February 29th total of 1,840,000 shares. Based on an average daily trading volume, of 876,600 shares, the days-to-cover ratio is presently 2.8 days. Currently, 0.4% of the company's stock are short sold. View Companhia de Saneamento Básico do Estado de São Paulo - SABESP's Short Interest .

How often does Companhia de Saneamento Básico do Estado de São Paulo - SABESP pay dividends? What is the dividend yield for Companhia de Saneamento Básico do Estado de São Paulo - SABESP?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP declared a -- dividend on Friday, April 21st. Investors of record on Wednesday, May 3rd will be given a dividend of $0.2527 per share on Thursday, July 6th. This represents a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, May 2nd. This is an increase from the stock's previous -- dividend of $0.25. Read our dividend analysis for SBS .

Is Companhia de Saneamento Básico do Estado de São Paulo - SABESP a good dividend stock?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) pays an annual dividend of $0.23 per share and currently has a dividend yield of 1.49%. The dividend payout ratio is 26.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBS will have a dividend payout ratio of 19.33% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SBS .

What is Gesner José de Oliveira Filho's approval rating as Companhia de Saneamento Básico do Estado de São Paulo - SABESP's CEO?

2 employees have rated Companhia de Saneamento Básico do Estado de São Paulo - SABESP Chief Executive Officer Gesner José de Oliveira Filho on Glassdoor.com . Gesner José de Oliveira Filho has an approval rating of 100% among the company's employees. This puts Gesner José de Oliveira Filho in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Companhia de Saneamento Básico do Estado de São Paulo - SABESP own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Companhia de Saneamento Básico do Estado de São Paulo - SABESP investors own include Vertex Pharmaceuticals (VRTX) , MercadoLibre (MELI) , Depomed (DEPO) , Alphabet (GOOG) , Intelsat (I) , Bank of America (BAC) , Fossil Group (FOSL) , AMC Entertainment (AMC) , Associated British Foods (ABF) and Chaarat Gold (CGH) .

How do I buy shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP?

Shares of SBS 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 .

NYSE:SBS

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) Stock Price, News & Analysis

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$15.74

+0.20 (+1.29%)

(As of 04/18/2024 ET)

Compare

Today's Range: $15.45
▼
$15.87
50-Day Range: $15.07
▼
$16.94
52-Week Range: $8.75
▼
$17.14

Volume: 1.17 million shs
Average Volume: 857,212 shs
Market Capitalization: $10.76 billion

P/E Ratio: 18.30
Dividend Yield: 1.46%
Price Target: N/A

Get Companhia de Saneamento Básico do Estado de São Paulo - SABESP alerts:

Companhia de Saneamento Básico do Estado de São Paulo - SABESP MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.39% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.87
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 29.35%
From $0.92 to $1.19 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.

3.92 out of 5 stars

Utilities Sector

39th out of 90 stocks

Water Supply Industry

6th out of 12 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

3.0

Short Interest

Percentage of Shares Shorted
0.39% of the float of Companhia de Saneamento Básico do Estado de São Paulo - SABESP has been sold short.
Short Interest Ratio / Days to Cover
Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Companhia de Saneamento Básico do Estado de São Paulo - SABESP has recently increased by 10.33%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Companhia de Saneamento Básico do Estado de São Paulo - SABESP pays a meaningful dividend of 1.49%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Companhia de Saneamento Básico do Estado de São Paulo - SABESP does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is 26.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Companhia de Saneamento Básico do Estado de São Paulo - SABESP will have a dividend payout ratio of 19.33% next year. This indicates that Companhia de Saneamento Básico do Estado de São Paulo - SABESP will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SBS.

3.3

News and Social Media Coverage

News Sentiment
Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Companhia de Saneamento Básico do Estado de São Paulo - SABESP this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for SBS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
8 people have added Companhia de Saneamento Básico do Estado de São Paulo - SABESP to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Companhia de Saneamento Básico do Estado de São Paulo - SABESP insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is held by insiders.
Percentage Held by Institutions
Only 10.62% of the stock of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is held by institutions.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Companhia de Saneamento Básico do Estado de São Paulo - SABESP are expected to grow by 29.35% in the coming year, from $0.92 to $1.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is 18.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is 18.30, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 75.69.
Price to Earnings Growth Ratio
Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a PEG Ratio of 0.80. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Companhia de Saneamento Básico do Estado de São Paulo - SABESP Stock (NYSE:SBS)

Companhia de Saneamento Básico do Estado de São Paulo SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. The company supplies treated water and sewage services to residential, commercial, and industrial private customers, as well as public. As of December 31, 2022, it provided water services through 10.1 million water connections; and sewage services through 8.6 million sewage connections in 375 municipalities of the São Paulo State. The company was founded in 1954 and is headquartered in São Paulo, Brazil.

SBS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SBS Stock News Headlines

April 17, 2024 | investing.com

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP ADR (SBS)

April 11, 2024 | finance.yahoo.com

Here's What Could Help Sabesp (SBS) Maintain Its Recent Price Strength

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March 27, 2024 | finance.yahoo.com

What Makes Companhia de saneamento Basico Do Estado De Sao Paulo Sabesp (SBS) a Good Fit for 'Trend Investing'

March 25, 2024 | wsj.com

Companhia de Saneamento Basico do Estado de Sao Paulo ADR

March 22, 2024 | seekingalpha.com

Companhia de Saneamento Básico do Estado de São Paulo - SABESP 2023 Q4 - Results - Earnings Call Presentation

March 4, 2024 | finance.yahoo.com

Sao Paulo Eyes Selling 30% Stake in Top Utility Amid Bid to Expand Water Supply

February 26, 2024 | benzinga.com

Companhia De Saneamento Stock (NYSE:SBS), Analyst Ratings, Price Targets, Predictions

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February 24, 2024 | msn.com

Companhia de Saneamento Básico do Estado de São Paulo - SABESP - Depositary Receipt () (SBS) Price Target Increased by 6.36% to 16.87

December 22, 2023 | finance.yahoo.com

Brazil's Sabesp taps banks to handle privatization offering

November 30, 2023 | seekingalpha.com

Sabesp: Privatization Just Around The Corner, Q3 Results Still Provide Room For Upside

November 27, 2023 | msn.com

Companhia de Saneamento Basico do Estado de Sao Paulo. - ADR (SBS) Price Target Increased by 6.05% to 15.98

November 10, 2023 | seekingalpha.com

Companhia de Saneamento Básico do Estado de São Paulo - SABESP 2023 Q3 - Results - Earnings Call Presentation

September 29, 2023 | finance.yahoo.com

Companhia De Saneamento Basico Do Estado De Sao Paulo (SBS): A Closer Look at Its Valuation

September 25, 2023 | finance.yahoo.com

Latin America’s Biggest Water Utility Gears Up for Privatization

September 10, 2023 | seekingalpha.com

Sabesp: Privatization Gains Momentum, Stock Is A Buy (Rating Upgrade)

August 11, 2023 | finance.yahoo.com

Companhia De Saneamento Basico Do Estado De Sao Paulo: A Good Outperformance Potential with a ...

August 11, 2023 | seekingalpha.com

Companhia de Saneamento Básico do Estado de São Paulo - SABESP 2023 Q2 - Results - Earnings Call Presentation

July 31, 2023 | finance.yahoo.com

Sao Paulo government to privatize Sabesp water utility but keep stake

July 18, 2023 | finance.yahoo.com

SAJA.BE - Companhia De Saneamento Basico Do Estado De Sao Paulo

July 18, 2023 | finance.yahoo.com

SBS.BA - Companhia de Saneamento Básico do Estado de São Paulo - SABESP

July 6, 2023 | msn.com

Sabesp Stock: Evaluating Privatization's Impact, Neutral Stance

May 31, 2023 | seekingalpha.com

SBS Companhia de Saneamento Básico do Estado de São Paulo - SABESP

April 25, 2023 | msn.com

Companhia de Saneamento Basico do Estado de Sao Paulo. - ADR (SBS) Declares $0.25 Dividend

March 3, 2023 | finance.yahoo.com

Sao Paulo govt to hire World Bank to study privatizing water utility

February 22, 2023 | benzinga.com

Companhia De Saneamento Stock (NYSE:SBS), Quotes and News Summary

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Company Calendar

Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Utilities
Industry: Water supply
Sub-Industry: N/A
Current Symbol: NYSE:SBS
CUSIP: N/A
CIK: 1170858
Web: www.sabesp.com.br
Phone: 551133888000
Fax: 55-11-3815-4465
Employees: 12,299
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.86
Trailing P/E Ratio: 18.30
Forward P/E Ratio: 17.11
P/E Growth: 0.8
Net Income: $604.59 million
Net Margins: 12.31%
Pretax Margin: 16.83%
Return on Equity: 10.45%
Return on Assets: 5.16%

Debt

Debt-to-Equity Ratio: 0.55
Current Ratio: 1.01
Quick Ratio: 0.99

Sales & Book Value

Annual Sales: $4.27 billion
Price / Sales: 2.52
Cash Flow: $1.64 per share
Price / Cash Flow: 9.60
Book Value: $7.75 per share
Price / Book: 2.03

Miscellaneous

Outstanding Shares: 683,510,000
Free Float: 676,675,000
Market Cap: $10.76 billion
Optionable: Optionable
Beta: 1.23

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Key Executives

Mr. Andre Gustavo Salcedo Teixeira Mendes
CEO, Member of Executive Board & Director
Ms. Catia Cristina Teixeira Pereira
Chief Economic, Financial, & Investor Relations Officer and Member of Executive Board
Ms. Sabrina De Menezes Correa Furstenau Sabino
People & Corporate Management Officer and Member of Executive Board
Mr. Bruno Magalhaes D'Abadia
Regulation & New Business Officer and Member of Executive Board
Ms. Paula Alessandra Bonin Costa Violante
Engineering & Innovation Officer and Member of Executive Board
Mr. Roberval Tavares de Souza
Operation & Maintenance Officer and Member of Executive Board
Mr. Caio Marcelo M. de Medeiros Melo (Age 51)
Chief Customer Officer & Member of Executive Board
Marcelo Miyagui
Head of Accounting
Mr. Luiz Roberto Tiberio
Head of Capital Markets & Investor Relations
Marialve De Sousa Martins
Executive Secretary of the Board

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SBS Stock Analysis - Frequently Asked Questions

How have SBS shares performed in 2024?: Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock was trading at $15.23 on January 1st, 2024. Since then, SBS stock has increased by 3.3% and is now trading at $15.74.
View the best growth stocks for 2024 here.
Are investors shorting Companhia de Saneamento Básico do Estado de São Paulo - SABESP?: Companhia de Saneamento Básico do Estado de São Paulo - SABESP saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 2,420,000 shares, an increase of 31.5% from the February 29th total of 1,840,000 shares. Based on an average daily trading volume, of 876,600 shares, the days-to-cover ratio is presently 2.8 days. Currently, 0.4% of the company's stock are short sold.
View Companhia de Saneamento Básico do Estado de São Paulo - SABESP's Short Interest.
When is Companhia de Saneamento Básico do Estado de São Paulo - SABESP's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our SBS earnings forecast.
How often does Companhia de Saneamento Básico do Estado de São Paulo - SABESP pay dividends? What is the dividend yield for Companhia de Saneamento Básico do Estado de São Paulo - SABESP?: Companhia de Saneamento Básico do Estado de São Paulo - SABESP declared a -- dividend on Friday, April 21st. Investors of record on Wednesday, May 3rd will be given a dividend of $0.2527 per share on Thursday, July 6th. This represents a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, May 2nd. This is an increase from the stock's previous -- dividend of $0.25.
Read our dividend analysis for SBS.
Is Companhia de Saneamento Básico do Estado de São Paulo - SABESP a good dividend stock?: Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) pays an annual dividend of $0.23 per share and currently has a dividend yield of 1.49%. The dividend payout ratio is 26.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBS will have a dividend payout ratio of 19.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBS.
What ETFs hold Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock?: ETFs with the largest weight of Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) stock in their portfolio include iShares Emerging Markets Infrastructure ETF (EMIF).DJ Brookfield Global Infrastructure ETF (TOLZ).

What is Gesner José de Oliveira Filho's approval rating as Companhia de Saneamento Básico do Estado de São Paulo - SABESP's CEO?: 2 employees have rated Companhia de Saneamento Básico do Estado de São Paulo - SABESP Chief Executive Officer Gesner José de Oliveira Filho on Glassdoor.com. Gesner José de Oliveira Filho has an approval rating of 100% among the company's employees. This puts Gesner José de Oliveira Filho in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Companhia de Saneamento Básico do Estado de São Paulo - SABESP own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Companhia de Saneamento Básico do Estado de São Paulo - SABESP investors own include Vertex Pharmaceuticals (VRTX), MercadoLibre (MELI), Depomed (DEPO), Alphabet (GOOG), Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Associated British Foods (ABF) and Chaarat Gold (CGH).
Who are Companhia de Saneamento Básico do Estado de São Paulo - SABESP's major shareholders?: Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock is owned by many different institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.09%) and First Affirmative Financial Network (0.00%).
How do I buy shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP?: Shares of SBS 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:SBS) was last updated on 4/18/2024 by MarketBeat.com Staff

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