NYSE:BBUBrookfield Business Partners Stock Price, Forecast & News

Brookfield Business Partners' stock was trading at $32.89 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BBU stock has decreased by 12.2% and is now trading at $28.88. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Business Partners in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Brookfield Business Partners.

Brookfield Business Partners is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Brookfield Business Partners.

Brookfield Business Partners LP (NYSE:BBU) posted its quarterly earnings data on Wednesday, May, 6th. The business services provider reported ($0.84) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by $1.43. The business services provider earned $10.15 billion during the quarter. Brookfield Business Partners had a return on equity of 0.95% and a net margin of 0.21%. View Brookfield Business Partners' earnings history.

Brookfield Business Partners announced a quarterly dividend on Thursday, May 7th. Investors of record on Friday, May 29th will be given a dividend of $0.0625 per share on Tuesday, June 30th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, May 28th. View Brookfield Business Partners' dividend history.

6 brokers have issued 12 month price objectives for Brookfield Business Partners' stock. Their forecasts range from $34.00 to $55.00. On average, they anticipate Brookfield Business Partners' stock price to reach $45.20 in the next twelve months. This suggests a possible upside of 56.5% from the stock's current price. View analysts' price targets for Brookfield Business Partners.

News stories about BBU stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Brookfield Business Partners earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave media coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutBrookfield Business Partners.

Brookfield Business Partners saw a increase in short interest in May. As of May 15th, there was short interest totaling 430,600 shares, an increase of 13.1% from the April 30th total of 380,600 shares. Based on an average daily volume of 54,300 shares, the short-interest ratio is currently 7.9 days. Approximately 0.5% of the company's shares are short sold. View Brookfield Business Partners' Current Options Chain.

Some companies that are related to Brookfield Business Partners include Obayashi (OBYCF), TopBuild (BLD), Ameresco (AMRC), Argan (AGX), VALLOUREC SA/S (VLOWY), Matrix Service (MTRX), Concrete Pumping (BBCP), Real Goods Solar (RGSE), Limbach (LMB) and China Advanced Constructn Mtrls Grp (CADC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Business Partners investors own include Brookfield Asset Management (BAM), Gilead Sciences (GILD), Brookfield Infrastructure Partners (BIP), Brookfield Renewable Partners (BEP), Enbridge (ENB), Bank of America (BAC), Brookfield Property Partners (BPY), Energy Transfer LP Unit (ET), Fiat Chrysler Automobiles (FCAU) and Starbucks (SBUX).

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

Brookfield Business Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors include CIBC Asset Management Inc (3.59%), Connor Clark & Lunn Investment Management Ltd. (0.92%), The Manufacturers Life Insurance Company (0.72%), Principal Financial Group Inc. (0.70%), CIBC World Markets Inc. (0.52%) and Fiera Capital Corp (0.42%).

BBU stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, PenderFund Capital Management Ltd., Wells Fargo & Company MN, PCJ Investment Counsel Ltd., Deutsche Bank AG, Invesco Ltd., Guardian Capital Advisors LP, and First Manhattan Co..

BBU stock was acquired by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Hillsdale Investment Management Inc., AGF Investments Inc., Fiera Capital Corp, CIBC World Markets Inc., CIBC Asset Management Inc, Public Sector Pension Investment Board, and Toronto Dominion Bank.

Shares of BBU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BBU stock can currently be purchased for approximately $28.88.

Brookfield Business Partners has a market capitalization of $2.34 billion and generates $43.03 billion in revenue each year. The business services provider earns $43 million in net income (profit) each year or $0.62 on an earnings per share basis. Brookfield Business Partners employs 67,030 workers across the globe.

The official website for Brookfield Business Partners is bbu.brookfield.com.

Brookfield Business Partners' mailing address is 73 Front Street 5th Floor, Hamilton D0, HM 12. The business services provider can be reached via phone at 441-294-3309 or via email at [email protected]