NYSE:SBS

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

$15.62
-0.01 (-0.06%)
(As of 05/1/2024 ET)
Today's Range
$15.49
$15.78
50-Day Range
$15.07
$16.94
52-Week Range
$8.75
$17.14
Volume
567,238 shs
Average Volume
901,727 shs
Market Capitalization
$10.68 billion
P/E Ratio
18.17
Dividend Yield
2.88%
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
0.33% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.70mentions of Companhia de Saneamento Básico do Estado de São Paulo - SABESP in the last 14 days
Based on 7 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.

4.48 out of 5 stars

Utilities Sector

17th out of 88 stocks

Water Supply Industry

3rd out of 11 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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Company Calendar

Today
5/01/2024
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
$1.54 per share
Book Value
$7.75 per share

Miscellaneous

Free Float
676,675,000
Market Cap
$10.68 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 start of the year. Since then, SBS shares have increased by 2.6% and is now trading at $15.6250.
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 decline in short interest during the month of April. As of April 15th, there was short interest totaling 2,240,000 shares, a decline of 16.1% from the March 31st total of 2,670,000 shares. Based on an average trading volume of 913,600 shares, the short-interest ratio is currently 2.5 days. Currently, 0.3% of the company's stock are sold short.
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. Shareholders 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 $0.45 per share and currently has a dividend yield of 2.82%. 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 52.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SBS will have a dividend payout ratio of 37.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SBS.

What ETF holds Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock?

iShares Emerging Markets Infrastructure ETF holds 65,115 shares of SBS stock, representing 4.78% of its portfolio.

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 retail and institutional investors. Top institutional shareholders include Perpetual Ltd (0.09%), Mirae Asset Global Investments Co. Ltd. (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.00%), Simplicity Wealth LLC (0.00%), Sequoia Financial Advisors 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 5/1/2024 by MarketBeat.com Staff

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