NYSE:SBS

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

$16.04
-0.11 (-0.68%)
(As of 04/24/2024 ET)
Today's Range
$15.86
$16.10
50-Day Range
$15.07
$16.94
52-Week Range
$8.75
$17.14
Volume
599,602 shs
Average Volume
924,516 shs
Market Capitalization
$10.96 billion
P/E Ratio
18.65
Dividend Yield
1.43%
Price Target
N/A

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
0.81mentions of Companhia de Saneamento Básico do Estado de São Paulo - SABESP in the last 14 days
Based on 5 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.

4.12 out of 5 stars

Utilities Sector

29th out of 87 stocks

Water Supply Industry

5th out of 12 stocks

SBS stock logo

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

SBS Stock News Headlines

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AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
See More Headlines
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Company Calendar

Today
4/24/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Water supply
Sub-Industry
N/A
Employees
12,299
Year Founded
N/A

Profitability

Net Income
$604.59 million
Pretax Margin
16.83%

Debt

Sales & Book Value

Annual Sales
$4.27 billion
Cash Flow
$1.57 per share
Book Value
$7.75 per share

Miscellaneous

Free Float
676,675,000
Market Cap
$10.90 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

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 at the beginning of the year. Since then, SBS stock has increased by 5.3% and is now trading at $16.03.
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. Approximately 0.4% of the shares of the company 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 an annual dividend on Thursday, April 18th. Stockholders of record on Monday, April 29th will be given a dividend of $0.2808 per share on Friday, July 5th. This represents a yield of 1.4%. The ex-dividend date of this dividend is Friday, April 26th. This is a positive change from the stock's previous annual dividend of $0.19.
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 1.42%. 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 a variety of institutional and retail investors. Top institutional investors include Perpetual Ltd (0.09%), Sumitomo Mitsui Trust Holdings Inc. (0.00%), Simplicity Wealth LLC (0.00%) 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 4/24/2024 by MarketBeat.com Staff

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