NYSE:BBD Banco Bradesco (BBD) Stock Forecast, Price & News $3.47 +0.08 (+2.36%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$3.42▼$3.5150-Day Range$2.54▼$3.4652-Week Range$2.34▼$4.16Volume25.97 million shsAverage Volume25.12 million shsMarket Capitalization$36.98 billionP/E Ratio11.19Dividend Yield0.86%Price Target$11.93 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Banco Bradesco MarketRank™ ForecastAnalyst RatingHold2.44 Rating ScoreUpside/Downside243.7% Upside$11.93 Price TargetShort InterestHealthy0.61% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth37.84%From $0.37 to $0.51 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.11 out of 5 starsFinance Sector63rd out of 841 stocksState Commercial Banks Industry18th out of 177 stocks 3.2 Analyst's Opinion Consensus RatingBanco Bradesco has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.93, Banco Bradesco has a forecasted upside of 243.7% from its current price of $3.47.Amount of Analyst CoverageBanco Bradesco has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.61% of the outstanding shares of Banco Bradesco have been sold short.Short Interest Ratio / Days to CoverBanco Bradesco has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Banco Bradesco has recently decreased by 6.22%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldBanco Bradesco pays a meaningful dividend of 1.02%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBanco Bradesco has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Banco Bradesco is 9.68%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Banco Bradesco will have a dividend payout ratio of 5.88% next year. This indicates that Banco Bradesco will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BBD. Previous Next 2.1 News and Social Media Coverage News SentimentBanco Bradesco has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.85 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Banco Bradesco this week, compared to 1 article on an average week.Search Interest10 people have searched for BBD on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Banco Bradesco to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Banco Bradesco insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.33% of the stock of Banco Bradesco is held by insiders.Percentage Held by InstitutionsOnly 2.36% of the stock of Banco Bradesco is held by institutions. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Banco Bradesco are expected to grow by 37.84% in the coming year, from $0.37 to $0.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Banco Bradesco is 11.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Banco Bradesco is 11.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 145.81.Price to Earnings Growth RatioBanco Bradesco has a PEG Ratio of 0.66. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioBanco Bradesco has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Banco Bradesco (NYSE:BBD) StockBanco Bradesco SA engages in the provision of financial and insurance services. It operates through Banking, and Insurance segments. The Banking segment includes banking activities. The Insurance segment covers auto, health, life, accident and property insurance, and pension plans aw well as capitalization bonds. The company was founded by Amador Aguiar on March 10, 1943 and is headquartered in Osasco, Brazil.Read More Receive BBD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Banco Bradesco and its competitors with MarketBeat's FREE daily newsletter. Email Address BBD Stock News HeadlinesJune 1, 2023 | americanbankingnews.comBanco Bradesco S.A. (NYSE:BBD) Plans Monthly Dividend of $0.00May 31, 2023 | americanbankingnews.comBrokerages Set Banco Bradesco S.A. (NYSE:BBD) PT at $11.93June 10, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Develops World's First Anti-Aircraft LaserSmall cap wins $1.65 billion contract to make them. GlobeNewswire says this is a $51.1 Billion market by 2026. See why this stock could soar 2,476% >>>May 30, 2023 | americanbankingnews.comShort Interest in Banco Bradesco S.A. (NYSE:BBD) Declines By 6.2%May 25, 2023 | americanbankingnews.comReviewing Mid Penn Bancorp (NASDAQ:MPB) & Banco Bradesco (NYSE:BBD)May 22, 2023 | seekingalpha.comBradesco: Primed For A Re-Rating Ahead Of Brazil's Monetary Policy PivotMay 18, 2023 | msn.comBanco Bradesco S.A. - ADR (BBD) Declares $0.00 DividendMay 10, 2023 | americanbankingnews.comTraders Purchase High Volume of Banco Bradesco Put Options (NYSE:BBD)June 10, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Develops World's First Anti-Aircraft LaserSmall cap wins $1.65 billion contract to make them. GlobeNewswire says this is a $51.1 Billion market by 2026. See why this stock could soar 2,476% >>>May 6, 2023 | americanbankingnews.comAnalysts Set Banco Bradesco S.A. (NYSE:BBD) Price Target at $11.93May 5, 2023 | finance.yahoo.comUPDATE 1-Brazil's Bradesco expects 'reasonable' deal with Americanas by JuneMay 5, 2023 | finance.yahoo.comBradesco Wary of Granting Loans as Brazil Rates Remain at Six-Year HighMay 4, 2023 | americanbankingnews.comContrasting United Bancorp (NASDAQ:UBCP) and Banco Bradesco (NYSE:BBD)May 2, 2023 | americanbankingnews.comBanco Bradesco S.A. Announces Monthly Dividend of $0.00 (NYSE:BBD)April 11, 2023 | americanbankingnews.comBanco Bradesco S.A. (NYSE:BBD) Receives $11.93 Average Target Price from AnalystsApril 3, 2023 | americanbankingnews.comBanco Bradesco S.A. (NYSE:BBD) Announces $0.00 Monthly DividendMarch 28, 2023 | finance.yahoo.comBBD- A Dirt-cheap Brazilian Bank With a Generous YieldMarch 25, 2023 | americanbankingnews.comBanco Bradesco (NYSE:BBD) Reaches New 1-Year Low at $2.41March 9, 2023 | finance.yahoo.comImplied Volatility Surging for Banco Bradesco (BBD) Stock OptionsMarch 4, 2023 | msn.comBanco Bradesco (BBD) Declares $0.00 DividendFebruary 19, 2023 | nasdaq.comInteresting BBD Put Options For April 21stFebruary 9, 2023 | finance.yahoo.comUPDATE 2-Brazil lender Bradesco's profit plunges 76% as bad loan provisions near $3 blnJanuary 26, 2023 | finance.yahoo.comUPDATE 1-Brazilian court orders seizure of emails of bankrupt retailer AmericanasJanuary 26, 2023 | ca.finance.yahoo.comBrazilian court orders seizure of emails of bankrupt retailer AmericanasJanuary 18, 2023 | ca.finance.yahoo.comBrazil's BTG gets court decision reversing part of Americanas' protection from creditorsJanuary 10, 2023 | thestreet.comBanco Bradesco (BBD) Stock Declines on Possible HSBC Unit AcquistionJanuary 4, 2023 | msn.comBanco Bradesco declares $0.0032 dividendSee More Headlines BBD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BBD Company Calendar Ex-Dividend for 6/8 Dividend5/03/2023Last Earnings5/04/2023Ex-Dividend for 7/13 Dividend6/02/2023Dividend Payable6/08/2023Today6/10/2023Dividend Payable7/13/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNYSE:BBD CUSIPN/A CIK1160330 Webwww.banco.bradesco Phone551136844011Fax55-11-3684-4630Employees88,381Year Founded1943Price Target and Rating Average Stock Price Forecast$11.93 High Stock Price Forecast$21.00 Low Stock Price Forecast$2.70 Forecasted Upside/Downside+244.7%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.31 Trailing P/E Ratio11.16 Forward P/E Ratio9.35 P/E Growth0.65Net Income$4.06 billion Net Margins9.54% Pretax Margin10.07% Return on Equity11.66% Return on Assets1.02% Debt Debt-to-Equity Ratio0.44 Current Ratio0.72 Quick Ratio0.72 Sales & Book Value Annual Sales$105.11 billion Price / Sales0.35 Cash Flow$0.49 per share Price / Cash Flow7.04 Book Value$2.88 per share Price / Book1.20Miscellaneous Outstanding Shares10,658,488,000Free Float10,623,315,000Market Cap$36.88 billion OptionableOptionable Beta0.73 Social Links Key ExecutivesOctávio de LazariChief Executive OfficerCassiano Ricardo ScarpelliExecutive Vice PresidentMarcelo de Araújo NoronhaExecutive Vice PresidentEurico Ramos FabriExecutive Vice PresidentPaulo Manuel Taveira de Oliveira FerreiraDepartment OfficerKey CompetitorsBank of New York MellonNYSE:BKBanco BradescoNYSE:BBDOState StreetNYSE:STTDeutsche Bank AktiengesellschaftNYSE:DBFirst Citizens BancSharesNASDAQ:FCNCAView All CompetitorsInstitutional OwnershipMacquarie Group Ltd.Bought 1,732,700 shares on 6/1/2023Ownership: 0.227%Prelude Capital Management LLCBought 123,544 shares on 6/1/2023Ownership: 0.001%Toroso Investments LLCBought 22,249 shares on 5/23/2023Ownership: 0.002%Ameriprise Financial Inc.Bought 1,293,870 shares on 5/22/2023Ownership: 0.015%JPMorgan Chase & Co.Sold 306,118 shares on 5/18/2023Ownership: 0.050%View All Institutional Transactions BBD Stock - Frequently Asked Questions Should I buy or sell Banco Bradesco stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Banco Bradesco in the last year. There are currently 5 hold ratings and 4 buy ratings 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. What is Banco Bradesco's stock price forecast for 2023? 9 brokers have issued 1 year price targets for Banco Bradesco's shares. Their BBD share price forecasts range from $2.70 to $21.00. On average, they anticipate the company's stock price to reach $11.93 in the next twelve months. This suggests a possible upside of 244.7% from the stock's current price. View analysts price targets for BBD or view top-rated stocks among Wall Street analysts. How have BBD shares performed in 2023? Banco Bradesco's stock was trading at $2.88 at the beginning of the year. Since then, BBD stock has increased by 20.1% and is now trading at $3.46. View the best growth stocks for 2023 here. Are investors shorting Banco Bradesco? Banco Bradesco saw a drop in short interest in May. As of May 15th, there was short interest totaling 65,280,000 shares, a drop of 6.2% from the April 30th total of 69,610,000 shares. Based on an average trading volume of 28,230,000 shares, the short-interest ratio is currently 2.3 days. View Banco Bradesco's Short Interest. When is Banco Bradesco's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our BBD earnings forecast. How were Banco Bradesco's earnings last quarter? Banco Bradesco S.A. (NYSE:BBD) issued its quarterly earnings results on Thursday, May, 4th. The bank reported $0.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.07. The bank had revenue of $9.82 billion for the quarter, compared to analysts' expectations of $5.43 billion. Banco Bradesco had a net margin of 9.54% and a trailing twelve-month return on equity of 11.66%. During the same quarter last year, the firm earned $0.12 EPS. How often does Banco Bradesco pay dividends? What is the dividend yield for Banco Bradesco? Banco Bradesco declared a monthly dividend on Monday, May 15th. Stockholders of record on Monday, June 5th will be given a dividend of $0.0035 per share on Thursday, July 13th. This represents a $0.04 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend is Friday, June 2nd. Read our dividend analysis for BBD. What ETFs hold Banco Bradesco's stock? ETFs with the largest weight of Banco Bradesco (NYSE:BBD) stock in their portfolio include iShares Latin America 40 ETF (ILF), First Trust BICK Index Fund (BICK), OneAscent Emerging Markets ETF (OAEM), Avantis Emerging Markets Value ETF (AVES), Adasina Social Justice All Cap Global ETF (JSTC), Alpha Architect Freedom 100 Emerging Market ETF (FRDM), SPDR Portfolio Emerging Markets ETF (SPEM) and Avantis Responsible Emerging Markets Equity ETF (AVSE). Is Banco Bradesco a good dividend stock? Banco Bradesco (NYSE:BBD) pays an annual dividend of $0.03 per share and currently has a dividend yield of 1.02%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 9.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBD will have a dividend payout ratio of 5.88% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BBD. When did Banco Bradesco's stock split? Shares of Banco Bradesco split on Tuesday, April 19th 2022. The 11-10 split was announced on Tuesday, April 19th 2022. The newly created shares were distributed 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. What is Octavio de Lazari's approval rating as Banco Bradesco's CEO? 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. What other stocks do shareholders of Banco Bradesco own? 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). What is Banco Bradesco's stock symbol? Banco Bradesco trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBD." Who are Banco Bradesco's major shareholders? Banco Bradesco's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sprucegrove Investment Management Ltd. (0.83%), BlackRock Inc. (0.68%), abrdn plc (0.62%), Baillie Gifford & Co. (0.52%), Causeway Capital Management LLC (0.52%) and Wellington Management Group LLP (0.50%). How do I buy shares of Banco Bradesco? 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. Compare Top Brokerages Here. What is Banco Bradesco's stock price today? One share of BBD stock can currently be purchased for approximately $3.46. How much money does Banco Bradesco make? Banco Bradesco (NYSE:BBD) has a market capitalization of $36.88 billion and generates $105.11 billion in revenue each year. The bank earns $4.06 billion in net income (profit) each year or $0.31 on an earnings per share basis. How many employees does Banco Bradesco have? The company employs 88,381 workers across the globe. How can I contact Banco Bradesco? Banco Bradesco's mailing address is CIDADE DE DEUS S/N VILA YARA, OSASCO D5, 06029-900. The official website for the company is www.banco.bradesco. The bank can be reached via phone at 551136844011, via email at investors@bradesco.com, or via fax at 55-11-3684-4630. This page (NYSE:BBD) was last updated on 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Banco Bradesco S.A. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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