Banco Bradesco Stock Price, News & Analysis (NYSE:BBD)

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Banco Bradesco in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BBD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BBD, but not buy additional shares or sell existing shares.
View BBD analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued 12-month price objectives for Banco Bradesco's stock. Their BBD share price targets range from $2.70 to $3.50. On average, they predict the company's stock price to reach $3.07 in the next year. This suggests that the stock has a possible downside of 9.3%.
View analysts price targets for BBD or view top-rated stocks among Wall Street analysts.

Banco Bradesco's stock was trading at $2.88 on January 1st, 2023. Since then, BBD shares have increased by 17.4% and is now trading at $3.38.
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Banco Bradesco saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 67,680,000 shares, an increase of 6.6% from the October 31st total of 63,480,000 shares. Based on an average daily volume of 15,890,000 shares, the days-to-cover ratio is currently 4.3 days.
View Banco Bradesco's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our BBD earnings forecast.

Banco Bradesco S.A. (NYSE:BBD) announced its quarterly earnings data on Thursday, November, 9th. The bank reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.09 by $0.01. The bank earned $10.65 billion during the quarter, compared to analysts' expectations of $6.27 billion. Banco Bradesco had a trailing twelve-month return on equity of 9.06% and a net margin of 6.38%.

Banco Bradesco announced a monthly dividend on Tuesday, November 7th. Investors of record on Tuesday, December 5th will be given a dividend of $0.0039 per share on Friday, January 12th. This represents a $0.05 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Monday, December 4th. This is a boost from the stock's previous monthly dividend of $0.00.
Read our dividend analysis for BBD.

Banco Bradesco (NYSE:BBD) pays an annual dividend of $0.03 per share and currently has a dividend yield of 1.00%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBD will have a dividend payout ratio of 6.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BBD.

ETFs with the largest weight of Banco Bradesco (NYSE:BBD) stock in their portfolio include iShares Latin America 40 ETF (ILF), OneAscent Emerging Markets ETF (OAEM) and First Trust BICK Index Fund (BICK).SPDR Portfolio Emerging Markets ETF (SPEM).

Banco Bradesco's stock split on the morning of Tuesday, April 19th 2022. The 11-10 split was announced on Tuesday, April 19th 2022. The newly created shares were payable to shareholders after the closing bell on Tuesday, April 19th 2022. An investor that had 100 shares of stock prior to the split would have 110 shares after the split.

31 employees have rated Banco Bradesco Chief Executive Officer Octavio de Lazari on Glassdoor.com. Octavio de Lazari has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Banco Bradesco investors own include Bombardier, Inc. Class B (BBD.B), Petróleo Brasileiro S.A. - Petrobras (PBR), Bombardier (BDRBF), Vale (VALE), Bank of America (BAC), General Electric (GE), Citigroup (C), Energy Transfer (ET), Applied Materials (AMAT) and AT&T (T).

Banco Bradesco's stock is owned by many different retail and institutional investors. Top institutional investors include Causeway Capital Management LLC (0.60%), Baillie Gifford & Co. (0.51%), Wellington Management Group LLP (0.50%), Oaktree Capital Management LP (0.30%), Massachusetts Financial Services Co. MA (0.20%) and Earnest Partners LLC (0.20%).

Shares of BBD 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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