NYSE:BBY - Best Buy Stock Price, News, & Analysis

Best Buy trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBY."

Best Buy declared a quarterly dividend on Wednesday, November 21st. Shareholders of record on Tuesday, December 11th will be given a dividend of $0.45 per share on Monday, December 31st. This represents a $1.80 annualized dividend and a yield of 2.98%. The ex-dividend date of this dividend is Monday, December 10th. View Best Buy's Dividend History.

Best Buy declared that its Board of Directors has authorized a stock buyback program on Tuesday, April 11th 2017, which permits the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 37.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

Best Buy Co Inc (NYSE:BBY) posted its quarterly earnings data on Tuesday, August, 28th. The technology retailer reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.08. The technology retailer had revenue of $9.38 billion for the quarter, compared to the consensus estimate of $9.25 billion. Best Buy had a net margin of 2.52% and a return on equity of 44.41%. The business's revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.69 EPS. View Best Buy's Earnings History.

Best Buy is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Best Buy.

Best Buy will be holding an earnings conference call on Wednesday, February 27th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

16 brokerages have issued twelve-month target prices for Best Buy's shares. Their predictions range from $50.00 to $90.00. On average, they anticipate Best Buy's stock price to reach $75.2667 in the next year. This suggests a possible upside of 24.7% from the stock's current price. View Analyst Price Targets for Best Buy.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Best Buy in the last year. There are currently 1 sell rating, 10 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Best Buy.

Press coverage about BBY stock has been trending somewhat negative recently, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Best Buy earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the technology retailer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

Some companies that are related to Best Buy include TJX Companies (TJX), Wal-mart de Mexico S A B de C V (WMMVY), SEVEN & I HOLDI/ADR (SVNDY), Target (TGT), COMPAGNIE FINAN/ADR (CFRUY), COMPASS GRP PLC/S (CMPGY), Ross Stores (ROST), eBay (EBAY), Dollar General (DG), Pinduoduo (PDD), O'Reilly Automotive (ORLY), ITOCHU CORP/ADR (ITOCY), Yum! Brands (YUM), JD.Com (JD) and Tesco (TSCDY).

Best Buy's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.36%), Bank of New York Mellon Corp (2.11%), Northern Trust Corp (1.51%), Geode Capital Management LLC (1.35%), LSV Asset Management (1.29%) and APG Asset Management N.V. (1.29%). Company insiders that own Best Buy stock include Asheesh Saksena, Corie S Barry, Gerard R Vittecoq, Hubert Joly, Kathleen Scarlett, Keith J Nelsen, Mathew Watson, Patricia H Walker, Rajendra M Mohan, Richard M Schulze, Shari L Ballard and Victor Kathy J Higgins. View Institutional Ownership Trends for Best Buy.

BBY stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Bank of New York Mellon Corp, Prudential Financial Inc., Massachusetts Financial Services Co. MA, James Investment Research Inc., Hancock Whitney Corp, Pendal Group Ltd and Stifel Financial Corp. Company insiders that have sold Best Buy company stock in the last year include Asheesh Saksena, Corie S Barry, Gerard R Vittecoq, Hubert Joly, Kathleen Scarlett, Keith J Nelsen, Mathew Watson, Patricia H Walker, Rajendra M Mohan and Shari L Ballard. View Insider Buying and Selling for Best Buy.

BBY stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, PGGM Investments, Swedbank, Assenagon Asset Management S.A., Northern Trust Corp, State Treasurer State of Michigan, Polaris Greystone Financial Group LLC and AMF Pensionsforsakring AB. View Insider Buying and Selling for Best Buy.

Shares of BBY 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, Scottrade, Fidelity and Charles Schwab.

One share of BBY stock can currently be purchased for approximately $60.34.

Best Buy has a market capitalization of $16.24 billion and generates $42.15 billion in revenue each year. The technology retailer earns $1 billion in net income (profit) each year or $4.42 on an earnings per share basis. Best Buy employs 125,000 workers across the globe.

The official website for Best Buy is http://www.bestbuy.com.

Best Buy's mailing address is 7601 PENN AVE SOUTH, RICHFIELD MN, 55423. The technology retailer can be reached via phone at 612-291-1000 or via email at [email protected]