Barrett Business Services (BBSI) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barrett Business Services in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BBSI shares.
View BBSI analyst ratings or view top-rated stocks.

1 brokers have issued 1-year price objectives for Barrett Business Services' stock. Their BBSI share price forecasts range from $104.00 to $104.00. On average, they predict the company's stock price to reach $104.00 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price.
View analysts price targets for BBSI or view top-rated stocks among Wall Street analysts.

Barrett Business Services' stock was trading at $93.28 at the beginning of 2023. Since then, BBSI stock has decreased by 3.3% and is now trading at $90.24.
View the best growth stocks for 2023 here.

Barrett Business Services saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 73,200 shares, an increase of 7.5% from the August 31st total of 68,100 shares. Based on an average daily volume of 29,100 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.1% of the shares of the company are sold short.
View Barrett Business Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our BBSI earnings forecast.

Barrett Business Services, Inc. (NASDAQ:BBSI) issued its earnings results on Wednesday, August, 2nd. The business services provider reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.62. The business services provider had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.94 billion. Barrett Business Services had a trailing twelve-month return on equity of 26.72% and a net margin of 4.39%.

Barrett Business Services declared a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Friday, August 18th will be given a dividend of $0.30 per share on Friday, September 1st. This represents a $1.20 annualized dividend and a yield of 1.33%. The ex-dividend date is Thursday, August 17th.
Read our dividend analysis for BBSI.

First Trust Dow Jones Select Microcap Index Fund holds 18,256 shares of BBSI stock, representing 1.04% of its portfolio.

Barrett Business Services (NASDAQ:BBSI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.32%. The dividend payout ratio is 17.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBSI will have a dividend payout ratio of 16.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BBSI.

53 employees have rated Barrett Business Services Chief Executive Officer Gary Kramer on Glassdoor.com. Gary Kramer has an approval rating of 70% among the company's employees. 54.0% of employees surveyed would recommend working at Barrett Business Services to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Barrett Business Services investors own include Pfizer (PFE), Enterprise Products Partners (EPD), General Motors (GM), Inovio Pharmaceuticals (INO), AT&T (T), Verizon Communications (VZ), Zynga (ZNGA), AbbVie (ABBV), Conagra Brands (CAG) and Chimerix (CMRX).

Barrett Business Services trades on the NASDAQ under the ticker symbol "BBSI."

Shares of BBSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BBSI stock can currently be purchased for approximately $90.24.

Barrett Business Services (NASDAQ:BBSI) has a market capitalization of $607.32 million and generates $1.05 billion in revenue each year. The business services provider earns $47.27 million in net income (profit) each year or $6.68 on an earnings per share basis.

The company employs 127,141 workers across the globe.

Barrett Business Services' mailing address is 8100 NE PARKWAY DRIVE SUITE 200, VANCOUVER WA, 98662. The official website for the company is www.barrettbusiness.com. The business services provider can be reached via phone at (360) 828-0700, via email at bbsi@gatewayir.com, or via fax at 360-828-0701.