Banco Bradesco - BBD Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Banco Bradesco in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BBD shares.
View BBD analyst ratings or view top-rated stocks.

2 brokers have issued 1 year price objectives for Banco Bradesco's shares. Their BBD share price forecasts range from $4.00 to $4.55. On average, they predict the company's share price to reach $4.27 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price.
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Banco Bradesco's stock was trading at $3.1091 at the beginning of the year. Since then, BBD shares have increased by 22.2% and is now trading at $3.80.
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Banco Bradesco saw a decline in short interest during the month of July. As of July 31st, there was short interest totaling 22,260,000 shares, a decline of 30.3% from the July 15th total of 31,920,000 shares. Based on an average daily volume of 34,600,000 shares, the days-to-cover ratio is currently 0.6 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our BBD earnings forecast.

Banco Bradesco S.A. (NYSE:BBD) issued its quarterly earnings results on Monday, May, 3rd. The bank reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $1.11. The bank earned $5.52 billion during the quarter, compared to analyst estimates of $4.94 billion. Banco Bradesco had a trailing twelve-month return on equity of 18.00% and a net margin of 16.85%.

Banco Bradesco declared a monthly dividend on Thursday, August 11th. Stockholders of record on Tuesday, September 6th will be paid a dividend of $0.0035 per share on Monday, October 10th. This represents a $0.04 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Friday, September 2nd.
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 0.83%. The dividend payout ratio is 7.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBD will have a dividend payout ratio of 5.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BBD.

Banco Bradesco shares split on Tuesday, April 19th 2022. The 11-10 split was announced on Tuesday, April 19th 2022. The newly created shares were issued 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBD."

Banco Bradesco's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include abrdn plc (0.85%), Sprucegrove Investment Management Ltd. (0.72%), Baillie Gifford & Co. (0.52%), Lazard Asset Management LLC (0.44%), Franklin Resources Inc. (0.42%) and UBS Asset Management Americas Inc. (0.39%).

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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One share of BBD stock can currently be purchased for approximately $3.80.

Banco Bradesco (NYSE:BBD) has a market capitalization of $40.50 billion and generates $22.16 billion in revenue each year. The bank earns $4.07 billion in net income (profit) each year or $0.4136 on an earnings per share basis.

The company employs 87,274 workers across the globe.

Banco Bradesco was founded in 1943.

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.