Barrett Business Services - BBSI Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Barrett Business Services in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BBSI shares.
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2 Wall Street research analysts have issued 12 month price objectives for Barrett Business Services' shares. Their BBSI share price forecasts range from $97.00 to $108.00. On average, they expect the company's share price to reach $102.33 in the next year. This suggests a possible upside of 5.0% 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 $69.06 at the start of the year. Since then, BBSI shares have increased by 41.1% and is now trading at $97.45.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our BBSI earnings forecast.

Barrett Business Services, Inc. (NASDAQ:BBSI) announced its earnings results on Tuesday, November, 2nd. The business services provider reported $1.96 earnings per share for the quarter, missing analysts' consensus estimates of $2.03 by $0.07. The business services provider had revenue of $1.69 billion for the quarter, compared to analysts' expectations of $1.61 billion. Barrett Business Services had a net margin of 4.46% and a trailing twelve-month return on equity of 25.05%. During the same quarter in the prior year, the business posted $2.40 earnings per share.

Barrett Business Services announced a quarterly dividend on Wednesday, November 2nd. Stockholders of record on Friday, November 18th will be given a dividend of $0.30 per share on Friday, December 2nd. This represents a $1.20 annualized dividend and a yield of 1.23%. The ex-dividend date is Thursday, November 17th.
Read our dividend analysis for BBSI.

Barrett Business Services (NASDAQ:BBSI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.21%. The dividend payout ratio is 18.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBSI will have a dividend payout ratio of 16.62% 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."

Barrett Business Services' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.42%), Vanguard Group Inc. (5.08%), Dimensional Fund Advisors LP (3.80%), Private Capital Management LLC (3.77%), State Street Corp (2.90%) and Renaissance Technologies LLC (2.88%). Insiders that own company stock include Anthony Meeker, Gary Kramer, Gerald Blotz, James B Hicks, Jon L Justesen, Thomas J Carley and Vincent P Price.
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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 $97.45.

Barrett Business Services (NASDAQ:BBSI) has a market capitalization of $678.45 million and generates $955.17 million in revenue each year. The business services provider earns $38.08 million in net income (profit) each year or $6.37 on an earnings per share basis.

The company employs 121,660 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.