Brookfield Business Partners Stock Forecast, Price & News

Brookfield Business Partners' stock was trading at $32.89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BBU stock has increased by 9.5% and is now trading at $36.00.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brookfield Business Partners in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Brookfield Business Partners.

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Brookfield Business Partners is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Brookfield Business Partners.

Brookfield Business Partners L.P. (NYSE:BBU) announced its quarterly earnings results on Tuesday, November, 3rd. The business services provider reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $1.37 by $1.49. The business services provider earned $10.07 billion during the quarter. Brookfield Business Partners had a negative return on equity of 1.66% and a negative net margin of 0.43%.
View Brookfield Business Partners' earnings history.

Brookfield Business Partners announced a quarterly dividend on Wednesday, November 4th. Shareholders of record on Monday, November 30th will be given a dividend of $0.0625 per share on Thursday, December 31st. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Friday, November 27th.
View Brookfield Business Partners' dividend history.

7 brokers have issued 1 year price objectives for Brookfield Business Partners' shares. Their forecasts range from $38.00 to $55.00. On average, they expect Brookfield Business Partners' stock price to reach $44.33 in the next twelve months. This suggests a possible upside of 23.1% from the stock's current price.
View analysts' price targets for Brookfield Business Partners.

Brookfield Business Partners saw a decrease in short interest in October. As of October 15th, there was short interest totaling 204,900 shares, a decrease of 15.4% from the September 30th total of 242,100 shares. Based on an average daily trading volume, of 32,900 shares, the days-to-cover ratio is presently 6.2 days. Approximately 0.3% of the company's shares are short sold.
View Brookfield Business Partners' Short Interest.

Some companies that are related to Brookfield Business Partners include Obayashi (OBYCF), TopBuild (BLD), APi Group (APG), Ameresco (AMRC), Argan (AGX), DBM Global (DBMG), Vallourec (VLOWY), Matrix Service (MTRX), Concrete Pumping (BBCP), Limbach (LMB), Real Goods Solar (RGSE), Color Star Technology (CSCW), Color Star Technology (HHT), Real Goods Solar (RGSEQ) and ABCO Energy (ABCE).
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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), Brookfield Property Partners (BPY), 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 many different retail and institutional investors. Top institutional investors include CIBC Asset Management Inc (3.99%), CI Investments Inc. (2.77%), Connor Clark & Lunn Investment Management Ltd. (1.10%), The Manufacturers Life Insurance Company (0.75%), Principal Financial Group Inc. (0.67%) and TD Asset Management Inc. (0.36%).
View institutional ownership trends for Brookfield Business Partners.

BBU stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Scotia Capital Inc., Morgan Stanley, Principal Financial Group Inc., Colony Group LLC, Public Sector Pension Investment Board, and Tandem Capital Management Corp ADV.
View insider buying and selling activity for Brookfield Business Partners.

BBU stock was acquired by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Toronto Dominion Bank, CI Investments Inc., Arrowstreet Capital Limited Partnership, The Manufacturers Life Insurance Company, California Public Employees Retirement System, TD Asset Management Inc., and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp.
View insider buying and selling activity for Brookfield Business Partners.

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 $36.00.

Brookfield Business Partners has a market capitalization of $2.88 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]