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 10.5% and is now trading at $29.45. 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) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $1.43. The business services provider earned $10.15 billion during the quarter. Brookfield Business Partners had a net margin of 0.21% and a return on equity of 0.95%. View Brookfield Business Partners' earnings history.

Brookfield Business Partners declared a quarterly dividend on Thursday, May 7th. Shareholders 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 yield of 0.85%. The ex-dividend date is Thursday, May 28th. View Brookfield Business Partners' dividend history.

6 brokerages have issued 1 year price targets for Brookfield Business Partners' shares. Their forecasts range from $34.00 to $55.00. On average, they expect Brookfield Business Partners' share price to reach $45.20 in the next year. This suggests a possible upside of 53.5% from the stock's current price. View analysts' price targets for Brookfield Business Partners.

Media coverage about BBU stock has trended neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. 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 coverage optimism score of 0.1 on InfoTrie's scale. They also gave media stories about the business services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutBrookfield Business Partners.

Brookfield Business Partners saw a increase in short interest in the month of 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 trading volume of 54,300 shares, the short-interest ratio is currently 7.9 days. Currently, 0.5% of the company's stock are sold short. 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), 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 number of retail and institutional investors. Top institutional shareholders include CIBC Asset Management Inc (3.59%), 1832 Asset Management L.P. (3.18%), Connor Clark & Lunn Investment Management Ltd. (0.92%), The Manufacturers Life Insurance Company (0.72%), Principal Financial Group Inc. (0.70%) and CIBC World Markets Inc. (0.52%).

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, 1832 Asset Management L.P., PCJ Investment Counsel Ltd., Deutsche Bank AG, Invesco Ltd., and Guardian Capital Advisors LP.

BBU stock was purchased 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 $29.45.

Brookfield Business Partners has a market capitalization of $2.38 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]