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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:BHP

BHP Group (BHP) Stock Price, News & Analysis

$57.69
+0.16 (+0.28%)
(As of 05:41 PM ET)
Today's Range
$57.27
$57.80
50-Day Range
$55.70
$62.19
52-Week Range
$54.28
$69.11
Volume
2.66 million shs
Average Volume
2.53 million shs
Market Capitalization
$146.12 billion
P/E Ratio
N/A
Dividend Yield
4.94%
Price Target
$50.00

BHP Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
13.3% Downside
$50.00 Price Target
Short Interest
Healthy
0.40% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.49mentions of BHP Group in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-8.09%
From $5.56 to $5.11 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.

0.51 out of 5 stars

Basic Materials Sector

163rd out of 171 stocks

Metal Mining Industry

19th out of 19 stocks

BHP stock logo

About BHP Group Stock (NYSE:BHP)

BHP Group Limited is a leading natural resources company based in Melbourne, Australia, with a long and successful history in the mining industry dating back to 1851. BHP is one of the largest companies in Australia, and BHP operates in countries around the world. 

The company is engaged in various mineral exploration, mining and processing activities, including zinc, copper, silver, uranium, molybdenum, gold, iron ore and coal. BHP also has a presence in refining and smelting nickel and potash. They are also engaged in development activities that revolve around the mining industry. The company provides towing, freight, marketing support, finance, marketing and trading, administrative and other services. With a global workforce of over 80,000 people, BHP is committed to promoting diversity and inclusion. 

BHP is well-positioned to capitalize on the growth and demand for commodities. BHP operates in critical growth markets, providing innovation and sustainability. This operating principle has helped BHP become one of the largest mining companies in the world. 

BHP has roots in Broken Hill Proprietary Company Limited (BHP), incorporated in 1885. The first consignment of Broken Hill ore was smelted in Spotswood, Victoria, in June of 1885. In 1915, BHP diversified into steel manufacturing, building a manufacturing facility in Newcastle, New South Wales. In 2001, BHP merged with Billiton, a mining company founded in the 1860s in the Netherlands, becoming BHP Billiton. 

In August 2016, BHP Billiton recorded the worst annual loss in its history, at $6.4 billion. In 2017, BHP Billiton began to rebrand itself as BHP and announced plans to sell its U.S. shale oil and gas business. In July 2018, BHP Billiton completed the sale of its Fayetteville Onshore U.S. gas assets to a wholly owned subsidiary of Merit Energy Company. In August 2021, BHP announced plans to exit the oil and gas industry by merging its hydrocarbon business with Woodside Petroleum. 

BHP has been part of several controversies, such as the Ok Tedi environmental disaster, Bento Rodrigues tailings dam collapse and allegations of drawing waters above the granted limit from aquifers. In response to a sexual harassment and assault investigation in 2021, the company terminated or removed 48 workers from multiple sites. 

BHP is constantly striving to ensure responsible and ethical mining activities while also working toward reducing its environmental impact. As a significant player in the natural resources industry, BHP is well-positioned to capitalize on the growing demand for commodities worldwide while continuing to be a leader and innovator in the mining sector.

BHP Stock Price History

BHP Stock News Headlines

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Citi Sticks to Its Hold Rating for Fortescue Metals Group Ltd (FSUMF)
Citi Reaffirms Their Buy Rating on BHP Group Ltd (BHPLF)
BHP Jul 2024 60.000 put
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BHP Jul 2024 47.500 put
See More Headlines
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Company Calendar

Last Earnings
2/19/2019
Ex-Dividend for 3/28 Dividend
3/07/2024
Today
3/28/2024
Dividend Payable
3/28/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Employees
1,457
Year Founded
1851

Price Target and Rating

Average Stock Price Target
$50.00
High Stock Price Target
$50.00
Low Stock Price Target
$50.00
Potential Upside/Downside
-13.1%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$53.82 billion
Cash Flow
$7.24 per share
Book Value
$19.16 per share

Miscellaneous

Outstanding Shares
2,532,910,000
Free Float
2,532,403,000
Market Cap
$145.69 billion
Optionable
Optionable
Beta
0.97

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Key Executives

  • Mr. Mike P. Henry B.Sc.Mr. Mike P. Henry B.Sc. (Age 58)
    BSc (Chem), CEO & Executive Director
    Comp: $3.18M
  • Mr. Edgar Basto-Baez B.Sc. (Age 57)
    Chief Operating Officer
    Comp: $1.78M
  • Ms. Geraldine A. Slattery B.Sc. (Age 55)
    M.Sc., President of Australia
    Comp: $2.22M
  • Mr. Ragnar Udd M.B.A. (Age 51)
    Chief Commercial Officer
    Comp: $1.77M
  • Mr. David Mark Lamont ACA (Age 58)
    B.Com., C.A., Senior Executive Officer
    Comp: $1.82M
  • Ms. Vandita Pant B.Com. (Age 53)
    M.B.A., Chief Financial Officer
  • Mr. Johan van Jaarsveld B.E. (Age 51)
    Ph.D., Chief Technical Officer
  • Dinesh Bishop
    Vice President of Investor Relations
  • Ms. Caroline Cox B.A. (Age 54)
    L.L.B., M.A., Chief Legal, Governance & External Affairs Officer
  • Mr. James Agar
    Vice President of Communications

Should I Buy BHP Group Stock? BHP 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 BHP Group was last updated on Tuesday, March 26, 2024 at 10:04 PM.

Pros

Here are some ways that investors could benefit from investing in BHP Group Limited:

  • BHP Group Limited stock price has been trading up, showing a positive trend in recent periods.
  • BHP Group Limited has a strong track record of paying dividends, providing potential income for investors.
  • BHP Group Limited has attracted interest from large institutional investors, indicating confidence in the company's performance.
  • BHP Group Limited has received favorable ratings from analysts, with some upgrading the stock to a "buy" rating.
  • BHP Group Limited has a diversified portfolio in the mining sector, which can provide stability and growth opportunities.

Cons

Investors should be bearish about investing in BHP Group Limited for these reasons:

  • BHP Group Limited recently cut its dividend, which may impact income-oriented investors.
  • BHP Group Limited's stock performance has shown some volatility, potentially leading to fluctuations in investment value.
  • BHP Group Limited operates in the mining industry, which can be influenced by commodity price fluctuations and global economic conditions.
  • BHP Group Limited's debt-to-equity ratio is 0.43, which may indicate a certain level of financial leverage that could pose risks in uncertain market conditions.
  • BHP Group Limited's stock price has experienced fluctuations between its 52-week low and high, indicating potential market volatility.

BHP Stock Analysis - Frequently Asked Questions

Should I buy or sell BHP Group stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BHP Group in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BHP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BHP, but not buy additional shares or sell existing shares.
View BHP analyst ratings
or view top-rated stocks.

What is BHP Group's stock price target for 2024?

9 analysts have issued 12 month target prices for BHP Group's shares. Their BHP share price targets range from $50.00 to $50.00. On average, they predict the company's stock price to reach $50.00 in the next year. This suggests that the stock has a possible downside of 13.3%.
View analysts price targets for BHP
or view top-rated stocks among Wall Street analysts.

How have BHP shares performed in 2024?

BHP Group's stock was trading at $68.31 at the start of the year. Since then, BHP shares have decreased by 15.6% and is now trading at $57.68.
View the best growth stocks for 2024 here
.

Are investors shorting BHP Group?

BHP Group saw a increase in short interest in February. As of February 29th, there was short interest totaling 10,480,000 shares, an increase of 5.1% from the February 14th total of 9,970,000 shares. Based on an average daily volume of 2,480,000 shares, the short-interest ratio is presently 4.2 days.
View BHP Group's Short Interest
.

How were BHP Group's earnings last quarter?

BHP Group Limited (NYSE:BHP) released its earnings results on Tuesday, February, 19th. The mining company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.82 by $0.05.

How often does BHP Group pay dividends? What is the dividend yield for BHP Group?

BHP Group declared a semi-annual dividend on Thursday, February 22nd. Investors of record on Friday, March 8th will be given a dividend of $1.44 per share on Thursday, March 28th. This represents a dividend yield of 5.2%. The ex-dividend date is Thursday, March 7th.
Read our dividend analysis for BHP
.

Is BHP Group a good dividend stock?

BHP Group (NYSE:BHP) pays an annual dividend of $2.85 per share and currently has a dividend yield of 5.04%. BHP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BHP.

What is Mike Henry's approval rating as BHP Group's CEO?

88 employees have rated BHP Group Chief Executive Officer Mike Henry on Glassdoor.com. Mike Henry has an approval rating of 93% among the company's employees. This puts Mike Henry in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of BHP Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BHP Group investors own include South32 (S32), Intel (INTC), AT&T (T), Bank of America (BAC), Verizon Communications (VZ), Cisco Systems (CSCO), Micron Technology (MU), JPMorgan Chase & Co. (JPM), Pfizer (PFE) and AbbVie (ABBV).

Who are BHP Group's major shareholders?

BHP Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.79%), Fisher Asset Management LLC (0.78%), Harding Loevner LP (0.42%), Dimensional Fund Advisors LP (0.17%), Wellington Management Group LLP (0.17%) and Norges Bank (0.11%). Insiders that own company stock include Christine O'Reilly, Dion Weisler, Gary Goldberg, Ian Cockerill, Michelle Hinchliffe, Mike Henry and Xiaoqun Clever.
View institutional ownership trends
.

How do I buy shares of BHP Group?

Shares of BHP 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.

Does BHP Group have any subsidiaries?
The following companies are subsidiares of BHP Group: BHP (Towage Service) Pty Ltd, BHP Billiton Finance (USA) Limited, BHP Billiton Finance B.V., BHP Billiton Finance Limited, BHP Billiton Freight Singapore Pte Limited, BHP Billiton Marketing AG, BHP Billiton Marketing Asia Pte Ltd, BHP Canada Inc., BHP Group Operations Pty Ltd, BHP Iron Ore (Jimblebar) Pty Ltd, BHP Iron Ore Pty Ltd, BHP Nickel West Pty Ltd, BHP Olympic Dam Corporation Pty Ltd, Baosteel, Compañia Minera Cerro Colorado Limitada, Hunter Valley Energy Coal Pty Ltd, Minera Escondida Ltda, Minera Spence SA, Petrohawk Energy, Samarco Mineração S.A., and WMC Finance (USA) Limited.
Read More
This page (NYSE:BHP) was last updated on 3/28/2024 by MarketBeat.com Staff

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