Brookfield Business Partners (BBU) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Business Partners in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BBU shares.
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3 equities research analysts have issued 12-month price objectives for Brookfield Business Partners' shares. Their BBU share price forecasts range from $26.00 to $35.00. On average, they anticipate the company's share price to reach $31.67 in the next twelve months. This suggests a possible upside of 69.5% from the stock's current price.
View analysts price targets for BBU or view top-rated stocks among Wall Street analysts.

Brookfield Business Partners' stock was trading at $16.96 at the beginning of the year. Since then, BBU shares have increased by 10.1% and is now trading at $18.68.
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Brookfield Business Partners saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 31,200 shares, an increase of 6.5% from the April 30th total of 29,300 shares. Based on an average trading volume of 14,500 shares, the short-interest ratio is currently 2.2 days. Approximately 0.0% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our BBU earnings forecast.

Brookfield Business Partners L.P. (NYSE:BBU) issued its earnings results on Friday, May, 5th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.27 by $0.93. The business services provider earned $13.76 billion during the quarter. Brookfield Business Partners had a trailing twelve-month return on equity of 3.39% and a net margin of 0.93%.

Brookfield Business Partners announced a quarterly dividend on Friday, May 5th. Shareholders of record on Wednesday, May 31st will be given a dividend of $0.0625 per share on Friday, June 30th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date is Tuesday, May 30th.
Read our dividend analysis for BBU.

Brookfield Business Partners (NYSE:BBU) pays an annual dividend of $0.25 per share and currently has a dividend yield of 1.34%. The dividend payout ratio is 28.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBU will have a dividend payout ratio of 5.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BBU.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Business Partners investors own include Brookfield Asset Management (BAM), Brookfield Infrastructure Partners (BIP), Brookfield Renewable Partners (BEP), Gilead Sciences (GILD), Enbridge (ENB), Bank of America (BAC), Energy Transfer (ET), Raytheon Technologies (RTX) and Sunrun (RUN).

Brookfield Business Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBU."

Brookfield Business Partners' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Brookfield Corp ON (36.57%), CIBC Asset Management Inc (3.76%), 1832 Asset Management L.P. (1.75%), Forge First Asset Management Inc. (0.63%), Public Sector Pension Investment Board (0.17%) and Connor Clark & Lunn Investment Management Ltd. (0.11%).
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Shares of BBU 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 BBU stock can currently be purchased for approximately $18.68.

Brookfield Business Partners (NYSE:BBU) has a market capitalization of $1.39 billion and generates $57.55 billion in revenue each year. The business services provider earns $55 million in net income (profit) each year or $0.89 on an earnings per share basis.

The company employs 102,000 workers across the globe.

Brookfield Business Partners' mailing address is 73 Front Street 5th Floor, Hamilton D0, HM 12. The official website for the company is bbu.brookfield.com. The business services provider can be reached via phone at (441) 294-3309 or via email at enquiries@brookfield.com.