NYSE:BBD

Banco Bradesco Stock Forecast, Price & News

$4.75

-0.18 (-3.65 %)

(As of 01/21/2021 12:34 PM ET)

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Today's Range

$4.71

Now: $4.75▼

$4.94

50-Day Range

$4.54

MA: $5.16▼

$5.39

52-Week Range

$2.68

Now: $4.75▼

$7.58

Volume958,412 shs

Average Volume31.22 million shs

Market Capitalization$41.97 billion

P/E Ratio12.97

Dividend Yield0.81%

Beta1.05

Banco Bradesco S.A., together with its subsidiaries, provides various banking products and financial services to individuals, corporates, and businesses in Brazil and internationally. It operates through two segments, Banking and Insurance. The company offers checking and savings accounts, demand deposits, time deposits, and interbank deposits. It also provides mutual funds, foreign exchange, overdrafts, credit cards, and personal and housing loans; and auto, health, life, accident, and property insurance products. In addition, the company offers fund management and treasury services; corporate finance; investment banking, asset management and consortium administration; pension plans; brokerage; real estate ventures and capitalization bonds; and hedge and finance products, including working capital financing. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil.

MarketRank^™

Overall MarketRank^™

1.85 out of 5 stars

Finance Sector

357th out of 1,942 stocks

State Commercial Banks Industry

78th out of 310 stocks

2.3 Analyst's Opinion

Consensus Rating
Banco Bradesco has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.75, Banco Bradesco has a forecasted upside of 21.3% from its current price of $4.74.
Amount of Analyst Coverage
Banco Bradesco has only been the subject of 2 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Banco Bradesco has received 318 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Banco Bradesco has received 439 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Banco Bradesco has received 57.99% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Banco Bradesco and other stocks. Vote “Outperform” if you believe BBD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BBD will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Banco Bradesco has a dividend yield of 0.81%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Banco Bradesco does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Banco Bradesco is 5.63%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Banco Bradesco will have a dividend payout ratio of 8.00% next year. This indicates that Banco Bradesco will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Banco Bradesco insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 2.06% of the stock of Banco Bradesco is held by institutions.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Banco Bradesco are expected to grow by 42.86% in the coming year, from $0.35 to $0.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Banco Bradesco is 12.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Banco Bradesco is 12.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.02.
Price to Earnings Growth Ratio
Banco Bradesco has a PEG Ratio of 1.55. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Banco Bradesco has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:BBD

Previous Symbol

CUSIPN/A

CIK1160330

Webwww.banco.bradesco

Phone55-11-3684-4011

Employees97,329

Debt

Debt-to-Equity Ratio2.02

Current Ratio0.73

Quick Ratio0.73

Price-To-Earnings

Trailing P/E Ratio12.97

Forward P/E Ratio13.57

P/E Growth1.55

Sales & Book Value

Annual Sales$32.38 billion

Price / Sales1.30

Cash Flow$0.83 per share

Price / Cash Flow5.71

Book Value$3.86 per share

Price / Book1.23

Profitability

EPS (Most Recent Fiscal Year)$0.71

Net Income$5.72 billion

Net Margins15.08%

Return on Equity14.39%

Return on Assets1.32%

Miscellaneous

Outstanding Shares8,835,530,000

Market Cap$41.97 billion

Next Earnings Date2/3/2021 (Estimated)

OptionableOptionable

$4.75

-0.18 (-3.65 %)

(As of 01/21/2021 12:34 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Banco Bradesco (NYSE:BBD) Frequently Asked Questions

How has Banco Bradesco's stock price been impacted by COVID-19?

Banco Bradesco's stock was trading at $5.26 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, BBD stock has decreased by 10.5% and is now trading at $4.71.
View which stocks have been most impacted by COVID-19.

Is Banco Bradesco a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Banco Bradesco in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Banco Bradesco stock.
View analyst ratings for Banco Bradesco or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Banco Bradesco?

Wall Street analysts have given Banco Bradesco a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Banco Bradesco wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Thomas Greco's approval rating as Banco Bradesco's CEO?

538 employees have rated Banco Bradesco CEO Thomas Greco on Glassdoor.com. Thomas Greco has an approval rating of 63% among Banco Bradesco's employees. This puts Thomas Greco in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Banco Bradesco's next earnings date?

Banco Bradesco is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Banco Bradesco.

How were Banco Bradesco's earnings last quarter?

Banco Bradesco S.A. (NYSE:BBD) issued its quarterly earnings results on Thursday, October, 29th. The bank reported $0.11 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.09 by $0.02. The bank earned $4.87 billion during the quarter. Banco Bradesco had a return on equity of 14.39% and a net margin of 15.08%.
View Banco Bradesco's earnings history.

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

Banco Bradesco announced a monthly dividend on Friday, January 8th. Stockholders of record on Wednesday, February 3rd will be paid a dividend of $0.0035 per share on Monday, March 8th. This represents a $0.04 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend is Tuesday, February 2nd.
View Banco Bradesco's dividend history.

Is Banco Bradesco a good dividend stock?

Banco Bradesco pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.81%. The dividend payout ratio of Banco Bradesco is 5.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Banco Bradesco will have a dividend payout ratio of 8.00% next year. This indicates that Banco Bradesco will be able to sustain or increase its dividend.
View Banco Bradesco's dividend history.

What price target have analysts set for BBD?

6 equities research analysts have issued 12 month price objectives for Banco Bradesco's shares. Their forecasts range from $5.00 to $6.50. On average, they expect Banco Bradesco's share price to reach $5.75 in the next year. This suggests a possible upside of 22.1% from the stock's current price.
View analysts' price targets for Banco Bradesco or view Wall Street analyst' top-rated stocks.

Are investors shorting Banco Bradesco?

Banco Bradesco saw a decrease in short interest in December. As of December 31st, there was short interest totaling 37,330,000 shares, a decrease of 16.5% from the December 15th total of 44,730,000 shares. Based on an average daily trading volume, of 25,470,000 shares, the days-to-cover ratio is presently 1.5 days.
View Banco Bradesco's Short Interest.

Who are some of Banco Bradesco's key competitors?

Some companies that are related to Banco Bradesco include Sberbank of Russia (SBRCY), The Bank of Nova Scotia (BNS), Itaú Unibanco (ITUB), The Bank of New York Mellon (BK), Banco Bradesco (BBDO), State Street (STT), SVB Financial Group (SIVB), Deutsche Bank Aktiengesellschaft (DB), Fifth Third Bancorp (FITB), Northern Trust (NTRS), M&T Bank (MTB), Citizens Financial Group (CFG), Ally Financial (ALLY), East West Bancorp (EWBC) and Signature Bank (SBNY).
View all of BBD's competitors.

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).

Who are Banco Bradesco's key executives?

Banco Bradesco's management team includes the following people:

Mr. Octavio de Lazari Jr., Junior, CEO & Member of Board of Exec. Officers (Age 58)
Mr. Carlos Alberto Rodrigues Guilherme, Vice Chairman & Sec. (Age 78)
Mr. Andre Rodrigues Cano, CFO, Exec. VP, IR Officer & Member of Board of Exec. Officers (Age 63)
Mr. Cassiano Ricardo Scarpelli, Exec. VP & Member of Board of Exec. Officers (Age 53)
Mr. Moacir Nachbar Jr., Junior, CSO, Chief Risk Officer, Exec. Managing Officer & Member of Board of Exec. Officers (Age 56)
Mr. Marcelo de Araujo Noronha, Exec. VP & Member of Board of Exec. Officers (Age 56)
Mr. Antonio Jose da Barbara, Exec. Deputy Officer & Member of Board of Exec. Officers (Age 53)
Mr. Jose Ramos Rocha Neto, Exec. Managing Officer & Member of Board of Exec. Officers (Age 53)
Mr. Joao Carlos Gomes da Silva, Exec. Managing Officer & Member of Board of Exec. Officers (Age 60)
Ms. Glaucimar Peticov, Exec. Managing Officer & Member of Board of Exec. Officers (Age 58)

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 many different institutional and retail investors. Top institutional investors include Pelham Global Financials Ltd. (0.05%), Deltec Asset Management LLC (0.01%), Crossmark Global Holdings Inc. (0.01%) and OneAscent Financial Services LLC (0.00%).

Which major investors are buying Banco Bradesco stock?

BBD stock was purchased by a variety of institutional investors in the last quarter, including Pelham Global Financials Ltd., Deltec Asset Management LLC, Crossmark Global Holdings Inc., and OneAscent Financial Services LLC.

How do I buy shares of Banco Bradesco?

Shares of BBD 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.

What is Banco Bradesco's stock price today?

One share of BBD stock can currently be purchased for approximately $4.71.

How big of a company is Banco Bradesco?

Banco Bradesco has a market capitalization of $41.62 billion and generates $32.38 billion in revenue each year. The bank earns $5.72 billion in net income (profit) each year or $0.71 on an earnings per share basis. Banco Bradesco employs 97,329 workers across the globe.

What is Banco Bradesco's official website?

The official website for Banco Bradesco is www.banco.bradesco.

How can I contact Banco Bradesco?

Banco Bradesco's mailing address is CIDADE DE DEUS S/N VILA YARA, OSASCO D5, 06029-900. The bank can be reached via phone at 55-11-3684-4011 or via email at [email protected].

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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