Barrett Business Services - BBSI Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Barrett Business Services in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BBSI shares.
View BBSI analyst ratings or view top-rated stocks.

3 brokerages have issued 12 month price targets for Barrett Business Services' shares. Their BBSI share price forecasts range from $97.00 to $104.00. On average, they anticipate the company's stock price to reach $100.50 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price.
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Barrett Business Services' stock was trading at $93.28 at the beginning of the year. Since then, BBSI stock has decreased by 7.3% and is now trading at $86.46.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 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 the consensus estimate of $1.61 billion. Barrett Business Services had a net margin of 4.48% and a trailing twelve-month return on equity of 26.65%. During the same period in the prior year, the business earned $2.40 earnings per share.

Barrett Business Services declared a quarterly dividend on Wednesday, March 1st. Investors of record on Friday, March 17th will be given a dividend of $0.30 per share on Friday, March 31st. This represents a $1.20 annualized dividend and a yield of 1.39%. The ex-dividend date of this dividend is Thursday, March 16th.
Read our dividend analysis for BBSI.

ETFs with the largest weight of Barrett Business Services (NASDAQ:BBSI) stock in their portfolio include First Trust Dow Jones Select MicroCap Index Fund (FDM), Inspire Fidelis Multi Factor ETF (FDLS), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), IQ Chaikin U.S. Small Cap ETF (CSML), Hartford Multifactor Small Cap ETF (ROSC), Vanguard U.S. Quality Factor ETF (VFQY) and iShares Micro-Cap ETF (IWC).Dimensional US Small Cap Value ETF (DFSV).

Barrett Business Services (NASDAQ:BBSI) pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.38%. The dividend payout ratio is 18.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBSI will have a dividend payout ratio of 14.81% 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 investors include American Century Companies Inc. (5.44%), JPMorgan Chase & Co. (4.75%), Dimensional Fund Advisors LP (3.79%), Renaissance Technologies LLC (3.13%), Pacific Ridge Capital Partners LLC (2.03%) and Geode Capital Management LLC (2.02%). Insiders that own company stock include Anthony Meeker, Gary Kramer, 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 $86.46.

Barrett Business Services (NASDAQ:BBSI) has a market capitalization of $594.84 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 $6.61 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.