NASDAQ:BBBYBed Bath & Beyond Stock Price, Forecast & News

Bed Bath & Beyond's stock was trading at $7.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BBBY shares have increased by 21.8% and is now trading at $9.32. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bed Bath & Beyond in the last year. There are currently 4 sell ratings, 8 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Bed Bath & Beyond.

Bed Bath & Beyond is scheduled to release its next quarterly earnings announcement on Wednesday, July 8th 2020. View our earnings forecast for Bed Bath & Beyond.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) announced its quarterly earnings data on Wednesday, April, 15th. The retailer reported $0.38 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.20 by $0.18. The retailer earned $3.11 billion during the quarter, compared to analysts' expectations of $3.08 billion. Bed Bath & Beyond had a positive return on equity of 3.03% and a negative net margin of 5.50%. The business's quarterly revenue was down 6.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.20 earnings per share. View Bed Bath & Beyond's earnings history.

Bed Bath & Beyond declared a quarterly dividend on Wednesday, January 8th. Shareholders of record on Friday, March 13th will be paid a dividend of $0.17 per share on Tuesday, April 14th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.30%. The ex-dividend date is Thursday, March 12th. View Bed Bath & Beyond's dividend history.

17 equities research analysts have issued 1-year target prices for Bed Bath & Beyond's shares. Their forecasts range from $3.00 to $24.00. On average, they anticipate Bed Bath & Beyond's stock price to reach $9.62 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View analysts' price targets for Bed Bath & Beyond.

Media headlines about BBBY stock have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Bed Bath & Beyond earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned headlines about the retailer a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutBed Bath & Beyond.

Bed Bath & Beyond saw a increase in short interest in May. As of May 15th, there was short interest totaling 74,130,000 shares, an increase of 12.8% from the April 30th total of 65,730,000 shares. Based on an average daily trading volume, of 14,050,000 shares, the short-interest ratio is presently 5.3 days. Currently, 61.7% of the shares of the stock are sold short. View Bed Bath & Beyond's Current Options Chain.

Some companies that are related to Bed Bath & Beyond include Williams-Sonoma (WSM), Restoration Hardware (RH), Aaron's (AAN), Haverty Furniture Companies (HVT), Kirkland's (KIRK) and Pier 1 Imports (PIRRQ). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Bed Bath & Beyond investors own include NVIDIA (NVDA), Bank of America (BAC), Micron Technology (MU), Starbucks (SBUX), Alibaba Group (BABA), AbbVie (ABBV), Tesla (TSLA), Walt Disney (DIS), General Electric (GE) and AT&T (T).

Bed Bath & Beyond trades on the NASDAQ under the ticker symbol "BBBY."

Bed Bath & Beyond's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.46%), Contrarius Investment Management Ltd (9.70%), State Street Corp (3.45%), Robeco Institutional Asset Management B.V. (2.40%), TCW Group Inc. (2.07%) and Parametric Portfolio Associates LLC (1.81%). Company insiders that own Bed Bath & Beyond stock include Eugene A Castagna and Jordan Heller. View institutional ownership trends for Bed Bath & Beyond.

BBBY stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Invesco Ltd., Alliancebernstein L.P., Bank of New York Mellon Corp, BlackRock Inc., Maverick Capital Ltd., and Garnet Equity Capital Holdings Inc.. View insider buying and selling activity for Bed Bath & Beyond.

BBBY stock was acquired by a variety of institutional investors in the last quarter, including TCW Group Inc., Quantitative Investment Management LLC, Voloridge Investment Management LLC, Contrarius Investment Management Ltd, Thrivent Financial for Lutherans, APG Asset Management N.V., APG Asset Management N.V., and APG Asset Management N.V.. View insider buying and selling activity for Bed Bath & Beyond.

Shares of BBBY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BBBY stock can currently be purchased for approximately $9.32.

Bed Bath & Beyond has a market capitalization of $1.18 billion and generates $11.16 billion in revenue each year. The retailer earns $-613,820,000.00 in net income (profit) each year or $0.46 on an earnings per share basis. Bed Bath & Beyond employs 55,000 workers across the globe.

The official website for Bed Bath & Beyond is www.bedbathandbeyond.com.

Bed Bath & Beyond's mailing address is 650 LIBERTY AVENUE, UNION NJ, 07083. The retailer can be reached via phone at 908-688-0888 or via email at [email protected]