Ambev - ABEV Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ambev in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ABEV shares.
View ABEV analyst ratings or view top-rated stocks.

Ambev's stock was trading at $2.72 at the beginning of 2023. Since then, ABEV stock has decreased by 8.5% and is now trading at $2.49.
View the best growth stocks for 2023 here.

Ambev saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 20,710,000 shares, a drop of 30.0% from the December 31st total of 29,570,000 shares. Based on an average daily volume of 27,830,000 shares, the days-to-cover ratio is presently 0.7 days.
View Ambev's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our ABEV earnings forecast.

Ambev S.A. (NYSE:ABEV) announced its quarterly earnings results on Wednesday, October, 27th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The firm earned $3.54 billion during the quarter, compared to analyst estimates of $3.08 billion. Ambev had a net margin of 16.58% and a trailing twelve-month return on equity of 15.69%.

Ambev declared an annual dividend on Monday, December 12th. Shareholders of record on Wednesday, December 21st will be given a dividend of $0.1457 per share on Monday, January 9th. This represents a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, December 20th.
Read our dividend analysis for ABEV.

Ambev (NYSE:ABEV) pays an annual dividend of $0.12 per share and currently has a dividend yield of 4.89%. ABEV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 75.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ABEV will have a dividend payout ratio of 75.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABEV.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ambev investors own include General Electric (GE), Vale (VALE), Anheuser-Busch InBev SA/NV (BUD), Ford Motor (F), NVIDIA (NVDA), AT&T (T), Intel (INTC), Advanced Micro Devices (AMD), Micron Technology (MU) and Exxon Mobil (XOM).

Ambev trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABEV."

Ambev's stock is owned by many different retail and institutional investors. Top institutional shareholders include National Bank of Canada FI (0.19%), Pendal Group Ltd (0.14%), Pzena Investment Management LLC (0.07%), Fisher Asset Management LLC (0.04%), RWC Asset Management LLP (0.04%) and State of New Jersey Common Pension Fund D (0.02%).

Shares of ABEV 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.
Compare Top Brokerages Here.

One share of ABEV stock can currently be purchased for approximately $2.49.

Ambev (NYSE:ABEV) has a market capitalization of $39.19 billion and generates $13.50 billion in revenue each year. The company earns $2.35 billion in net income (profit) each year or $0.16 on an earnings per share basis.

The company employs 52,806 workers across the globe.

Ambev's mailing address is RUA DR. RENATO PAES DE BARROS 1017 3 ANDAR PARTE, SAO PAULO D5, 04530-001. The official website for the company is www.ambev.com.br. The company can be reached via phone at 551121221200, via email at ir@ambev.com, or via fax at 55-11-2122-1526.