Bunge - BG Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bunge in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BG shares.
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7 brokerages have issued twelve-month target prices for Bunge's shares. Their BG share price forecasts range from $106.00 to $135.00. On average, they predict the company's share price to reach $126.57 in the next twelve months. This suggests a possible upside of 29.0% from the stock's current price.
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Bunge's stock was trading at $99.77 at the beginning of the year. Since then, BG shares have decreased by 1.7% and is now trading at $98.08.
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Bunge saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,130,000 shares, a drop of 5.7% from the December 31st total of 3,320,000 shares. Based on an average trading volume of 1,190,000 shares, the days-to-cover ratio is presently 2.6 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
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Bunge will be holding an earnings conference call on Wednesday, February 8th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "8444555".

Bunge Limited (NYSE:BG) announced its earnings results on Tuesday, October, 26th. The basic materials company reported $3.72 EPS for the quarter, beating analysts' consensus estimates of $1.42 by $2.30. The basic materials company earned $14.12 billion during the quarter, compared to analyst estimates of $13.89 billion. Bunge had a net margin of 2.22% and a trailing twelve-month return on equity of 25.11%. The business's revenue for the quarter was up 39.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.47 EPS.

Bunge announced a quarterly dividend on Monday, November 14th. Shareholders of record on Thursday, February 16th will be paid a dividend of $0.625 per share on Thursday, March 2nd. This represents a $2.50 annualized dividend and a yield of 2.55%. The ex-dividend date is Wednesday, February 15th.
Read our dividend analysis for BG.

Bunge (NYSE:BG) pays an annual dividend of $2.50 per share and currently has a dividend yield of 2.55%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BG will have a dividend payout ratio of 21.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BG.

21 employees have rated Bunge Chief Executive Officer Gregory A. Heckman on Glassdoor.com. Gregory A. Heckman has an approval rating of 69% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Bunge investors own include Johnson & Johnson (JNJ), Boeing (BA), Exxon Mobil (XOM), Cisco Systems (CSCO), CVS Health (CVS), NVIDIA (NVDA), Walt Disney (DIS), Intel (INTC), Pfizer (PFE) and Chevron (CVX).

Bunge trades on the New York Stock Exchange (NYSE) under the ticker symbol "BG."

Bunge's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Artemis Investment Management LLP (0.53%), DAVENPORT & Co LLC (0.49%), Sumitomo Mitsui Trust Holdings Inc. (0.34%), Allspring Global Investments Holdings LLC (0.18%), AustralianSuper Pty Ltd (0.11%) and New York State Common Retirement Fund (0.09%). Insiders that own company stock include Bernardo Hees, Brian Zachman, Christos Dimopoulos, Deborah Borg, Grain Co Continental, Gregory A Heckman, Henry Ward Iv Winship, J Erik Fyrwald, Jerry Matthews Simmons Jr, John W Neppl, Joseph Podwika, Julio Garros, Paul J Fribourg, Raul Padilla and Vinita Bali.
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Shares of BG 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 BG stock can currently be purchased for approximately $98.08.

Bunge (NYSE:BG) has a market capitalization of $14.69 billion and generates $59.15 billion in revenue each year. The basic materials company earns $2.08 billion in net income (profit) each year or $9.83 on an earnings per share basis.

The company employs 22,000 workers across the globe.

Bunge's mailing address is 1391 TIMBERLAKE MANOR PARKWAY, ST. LOUIS MO, 63017. The official website for the company is www.bunge.com. The basic materials company can be reached via phone at (314) 292-2000, via email at ruthann.wisener@bunge.com, or via fax at 914-684-3499.