Braskem Stock Forecast, Price & News

Braskem (NYSE:BAK) Frequently Asked Questions

Is Braskem a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Braskem in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Braskem stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BAK, but not buy additional shares or sell existing shares.
View analyst ratings for Braskem or view top-rated stocks.

How has Braskem's stock price been impacted by Coronavirus?

Braskem's stock was trading at $9.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BAK shares have increased by 97.5% and is now trading at $18.19.
View which stocks have been most impacted by COVID-19.

Are investors shorting Braskem?

Braskem saw a decrease in short interest during the month of December. As of December 31st, there was short interest totaling 178,300 shares, a decrease of 49.3% from the December 15th total of 351,800 shares. Based on an average daily volume of 215,100 shares, the short-interest ratio is currently 0.8 days.
View Braskem's Short Interest.

When is Braskem's next earnings date?

Braskem is scheduled to release its next quarterly earnings announcement on Friday, March 11th 2022.
View our earnings forecast for Braskem.

How were Braskem's earnings last quarter?

Braskem S.A. (NYSE:BAK) announced its quarterly earnings results on Tuesday, November, 9th. The company reported $1.70 EPS for the quarter, missing the consensus estimate of $2.09 by $0.39. The firm earned $5.41 billion during the quarter, compared to the consensus estimate of $5.25 billion. Braskem had a net margin of 14.93% and a trailing twelve-month return on equity of 437.34%.
View Braskem's earnings history.

How often does Braskem pay dividends? What is the dividend yield for Braskem?

Braskem declared an annual dividend on Monday, December 6th. Shareholders of record on Monday, December 13th will be paid a dividend of $2.7104 per share on Thursday, December 30th. This represents a dividend yield of 11.6%. The ex-dividend date is Friday, December 10th.
View Braskem's dividend history.

Is Braskem a good dividend stock?

Braskem pays an annual dividend of $2.71 per share and currently has a dividend yield of 15.38%. BAK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Braskem does not yet have a strong track record of dividend growth. The dividend payout ratio of Braskem is 40.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Braskem will have a dividend payout ratio of 57.05% next year. This indicates that Braskem will be able to sustain or increase its dividend.
View Braskem's dividend history.

What price target have analysts set for BAK?

8 Wall Street analysts have issued 1 year target prices for Braskem's stock. Their forecasts range from $14.00 to $68.00. On average, they anticipate Braskem's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 59.4% from the stock's current price.
View analysts' price targets for Braskem or view top-rated stocks among Wall Street analysts.

Who are Braskem's key executives?

Braskem's management team includes the following people:

• Roberto Lopes Pontes Simões, Chief Executive Officer & Director
• Pedro van Langendonck de Freitas, CFO, Head-Procurement & Institutional Relation
• Daniel Sales Corrêa, Head-Investments & Digital Technologies
• Artur Faria, Director-M&A, Business Development
• Marcelo Arantes de Carvalho, Head-People, Communications & Marketing

What is Roberto Lopes Pontes Simões' approval rating as Braskem's CEO?

31 employees have rated Braskem CEO Roberto Lopes Pontes Simões on Glassdoor.com. Roberto Lopes Pontes Simões has an approval rating of 100% among Braskem's employees. This puts Roberto Lopes Pontes Simões in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Braskem's key competitors?

Some companies that are related to Braskem include Landstar (LDSR), Westlake Chemical (WLK), Braskem (BRKMY), Sensient Technologies (SXT), NewMarket (NEU), Methanex (MEOH), Renewable Energy Group (REGI), Green Plains (GPRE), Amyris (AMRS), Codexis (CDXS), Westlake Chemical Partners (WLKP), Origin Materials (ORGN), Gevo (GEVO), Cyclo Therapeutics (CTDH) and REX American Resources (REX).
View all of BAK's competitors.

What other stocks do shareholders of Braskem own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Braskem investors own include Amarin (AMRN), Enterprise Products Partners (EPD), Micron Technology (MU), Pfizer (PFE), AT&T (T), AbbVie (ABBV), Aduro Biotech (ADRO), Armata Pharmaceuticals (ARMP), CRISPR Therapeutics (CRSP) and Chevron (CVX).

What is Braskem's stock symbol?

Braskem trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAK."

How do I buy shares of Braskem?

Shares of BAK 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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What is Braskem's stock price today?

One share of BAK stock can currently be purchased for approximately $18.19.

How much money does Braskem make?

Braskem has a market capitalization of $7.25 billion and generates $11.37 billion in revenue each year. The company earns $-1.30 billion in net income (profit) each year or $6.76 on an earnings per share basis.

How many employees does Braskem have?

Braskem employs 7,993 workers across the globe.

What is Braskem's official website?

The official website for Braskem is www.braskem.com.br.

Where are Braskem's headquarters?

Braskem is headquartered at Rua Lemos Monteiro 120 24 andar, Butanta D5, 05501-050.

How can I contact Braskem?

Braskem's mailing address is Rua Lemos Monteiro 120 24 andar, Butanta D5, 05501-050. The company can be reached via phone at 551135769735, via email at [email protected], or via fax at 55-11-3576-9532.