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BHP Group (BHP) Stock Price, News & Analysis

$62.07
-0.39 (-0.62%)
(As of 05:07 PM ET)
Compare
Today's Range
$61.28
▼
$62.19
50-Day Range
$54.85
▼
$62.93
52-Week Range
$54.28
▼
$71.52
Volume
2.90 million shs
Average Volume
2.72 million shs
Market Capitalization
$157.22 billion
P/E Ratio
N/A
Dividend Yield
5.11%
Price Target
$37.33
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media

BHP Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
39.9% Downside
$37.33 Price Target
Short Interest
Healthy
0.30% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.27mentions of BHP Group in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.46%
From $5.78 to $5.58 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Basic Materials Sector

117th out of 170 stocks

Metal Mining Industry

11th out of 15 stocks

See Top Rated MarketRank™ Stocks Here

BHP stock logo

About BHP Group Stock (NYSE:BHP)

BHP Group Limited is a leading natural resources company based in Melbourne, Australia, with a long and successful history in the mining industry dating back to 1851. BHP is one of the largest companies in Australia, and BHP operates in countries around the world. 

The company is engaged in various mineral exploration, mining and processing activities, including zinc, copper, silver, uranium, molybdenum, gold, iron ore and coal. BHP also has a presence in refining and smelting nickel and potash. They are also engaged in development activities that revolve around the mining industry. The company provides towing, freight, marketing support, finance, marketing and trading, administrative and other services. With a global workforce of over 80,000 people, BHP is committed to promoting diversity and inclusion. 

BHP is well-positioned to capitalize on the growth and demand for commodities. BHP operates in critical growth markets, providing innovation and sustainability. This operating principle has helped BHP become one of the largest mining companies in the world. 

BHP has roots in Broken Hill Proprietary Company Limited (BHP), incorporated in 1885. The first consignment of Broken Hill ore was smelted in Spotswood, Victoria, in June of 1885. In 1915, BHP diversified into steel manufacturing, building a manufacturing facility in Newcastle, New South Wales. In 2001, BHP merged with Billiton, a mining company founded in the 1860s in the Netherlands, becoming BHP Billiton. 

In August 2016, BHP Billiton recorded the worst annual loss in its history, at $6.4 billion. In 2017, BHP Billiton began to rebrand itself as BHP and announced plans to sell its U.S. shale oil and gas business. In July 2018, BHP Billiton completed the sale of its Fayetteville Onshore U.S. gas assets to a wholly owned subsidiary of Merit Energy Company. In August 2021, BHP announced plans to exit the oil and gas industry by merging its hydrocarbon business with Woodside Petroleum. 

BHP has been part of several controversies, such as the Ok Tedi environmental disaster, Bento Rodrigues tailings dam collapse and allegations of drawing waters above the granted limit from aquifers. In response to a sexual harassment and assault investigation in 2021, the company terminated or removed 48 workers from multiple sites. 

BHP is constantly striving to ensure responsible and ethical mining activities while also working toward reducing its environmental impact. As a significant player in the natural resources industry, BHP is well-positioned to capitalize on the growing demand for commodities worldwide while continuing to be a leader and innovator in the mining sector.

BHP Stock Price History

BHP Stock News Headlines

December 9, 2023 | morningstar.com
BHP Group Ltd BHPLF
December 9, 2023 | bloomberg.com
BHP Workers Consider Strike Action at Some Australian Mines: AFR
December 11, 2023 | Edge On The Street (Ad)
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December 7, 2023 | msn.com
Strategic Overhaul: BHP CFO Departs in Leadership Shake-Up
December 7, 2023 | finance.yahoo.com
Top Stock Reports for AbbVie, NIKE & BHP
December 7, 2023 | lse.co.uk
TOP NEWS: BHP taps Vandita Pant as new financial chief in reshuffle
December 7, 2023 | finance.yahoo.com
PRESS DIGEST- Wall Street Journal - Dec. 7
December 7, 2023 | finance.yahoo.com
UPDATE 5-Woodside in talks with Santos to form $52 bln Australian gas giant
December 11, 2023 | DTI Trader (Ad)
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December 7, 2023 | fool.com.au
BHP share price in the green on Thursday and tipped for more gains ahead
December 6, 2023 | marketwatch.com
BHP CFO Steps Down in Executive Reshuffle -- Update
December 6, 2023 | reuters.com
Brazil says talks on compensation over Vale-BHP dam burst are halted
December 6, 2023 | marketwatch.com
BHP: Rag Udd Named Chief Commercial Officer, Succeeding Pant
December 6, 2023 | msn.com
BHP CFO Steps Down Amid Executive Reshuffle
December 6, 2023 | msn.com
Hero MotoCorp partners with Tolaram Group to bolster presence in Nigeria
December 6, 2023 | msn.com
Data storage group MongoDB delivers upbeat guidance after Q3 results top estimates
December 2, 2023 | afr.com
Canadian rail giant approves CEO’s BHP coupling
November 30, 2023 | proactiveinvestors.com.au
BHP board endorses CEO Mike Henry’s relationship with Canadian National Railway CEO
November 30, 2023 | afr.com
BHP CEO Mike Henry’s new relationship approved by board
November 29, 2023 | afr.com
Biden reprieve for BHP, Forrest and other Aussie nickel miners
November 27, 2023 | msn.com
BHP Group (BHPLF) Price Target Increased by 5.06% to 32.21
November 22, 2023 | msn.com
TransAlta and BHP announce commercial operation of hybrid renewables facility
November 21, 2023 | realmoney.thestreet.com
BHP Group price target raised to A$57 from A$51.50 at BofA
November 21, 2023 | fool.com.au
Up 10% in a month the BHP share price is charging higher again today. Here's why
November 20, 2023 | benzinga.com
Behind the Scenes of BHP Group's Latest Options Trends
November 20, 2023 | finance.yahoo.com
SOFTWARE IMPROVEMENT GROUP CONTRIBUTES TO LATEST PLCOPEN GUIDELINES FOR SOFTWARE QUALITY METRICS IN INDUSTRIAL AUTOMATION
November 20, 2023 | msn.com
Mining Giant BHP Faces Industrial Action By Pilbara Train Drivers - What's Going On?
See More Headlines
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Company Calendar

Last Earnings
2/19/2019
Ex-Dividend for 9/28 Dividend
9/07/2023
Dividend Payable
9/28/2023
Today
12/11/2023
Next Earnings (Estimated)
12/12/2023
Fiscal Year End
6/30/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Metal mining
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
NYSE:BHP
CUSIP
N/A
CIK
811809
Web
www.bhp.com
Phone
(139) 609-3333
Fax
61-3-9609-3015
Employees
1,457
Year Founded
1851

Price Target and Rating

Average Stock Price Target
$37.33
High Stock Price Target
$50.00
Low Stock Price Target
$24.00
Potential Upside/Downside
-39.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
11.07
Forward P/E Ratio
10.63
P/E Growth
3.61
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
0.31
Current Ratio
1.23
Quick Ratio
0.95

Sales & Book Value

Annual Sales
$53.82 billion
Price / Sales
2.89
Cash Flow
$6.97 per share
Price / Cash Flow
8.81
Book Value
$19.16 per share
Price / Book
3.21

Miscellaneous

Outstanding Shares
2,532,910,000
Free Float
2,532,403,000
Market Cap
$155.62 billion
Optionable
Optionable
Beta
0.89

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Key Executives

  • Mr. Mike P. Henry B.Sc.Mr. Mike P. Henry B.Sc. (Age 57)
    BSc (Chem), CEO & Executive Director
    Comp: $3.18M
  • Mr. David Mark Lamont ACA (Age 57)
    B.Com., C.A., Chief Financial Officer
    Comp: $1.82M
  • Mr. Edgar Basto-Baez B.Sc. (Age 56)
    Chief Operating Officer
    Comp: $1.78M
  • Ms. Geraldine A. Slattery B.Sc. (Age 54)
    M.Sc., President of Australia
    Comp: $2.22M
  • Mr. Ragnar Udd M.B.A. (Age 51)
    President of Minerals Americas
    Comp: $1.77M
  • Ms. Laura Tyler B.Sc. (Age 56)
    M.Sc., Chief Technical Officer
  • Dinesh Bishop
    Vice President of Investor Relations
  • Ms. Caroline Cox B.A. (Age 53)
    L.L.B., M.A., Chief Legal, Governance & External Affairs Officer
  • Mr. James Agar
    Vice President of Communications
  • Mr. Michiel Hovers
    Group Sales & Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy BHP Group Stock? BHP Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of BHP Group was last updated on Sunday, December 10, 2023 at 8:07 PM.

Pros

Here are some ways that investors could benefit from investing in BHP Group Limited:

  • The current stock price of BHP Group Limited is $61.58, which provides an opportunity for potential gains.
  • BHP Group Limited has a low short percentage of float, indicating a lower level of short selling activity and potentially less downward pressure on the stock price.
  • BHP Group Limited has a strong institutional ownership percentage of 4.13%, suggesting confidence from institutional investors.
  • The company has a large number of outstanding shares, indicating a well-established presence in the market.
  • BHP Group Limited has shown a positive month-to-month change percentage of 17.15%, indicating potential growth in the recent period.

Cons

Investors should be bearish about investing in BHP Group Limited for these reasons:

  • BHP Group Limited has a negative fifty-two week performance of -11.44%, suggesting potential volatility and underperformance in the past year.
  • The average daily volume of BHP Group Limited is 3,110,000 shares, which may indicate lower liquidity and potentially higher bid-ask spreads.
  • The company's float size is 0, which may limit the availability of shares for trading.
  • BHP Group Limited has a relatively high number of shares shorted, indicating potential bearish sentiment from some investors.
  • The days to cover ratio for BHP Group Limited is 2, which suggests that it would take 2 days for short sellers to cover their positions, potentially leading to increased buying pressure in the market.














BHP Stock Analysis - Frequently Asked Questions

Should I buy or sell BHP Group stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BHP Group in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BHP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BHP, but not buy additional shares or sell existing shares.
View BHP analyst ratings or view top-rated stocks.

What is BHP Group's stock price target for 2024?

9 brokerages have issued 12 month price targets for BHP Group's shares. Their BHP share price targets range from $24.00 to $50.00. On average, they expect the company's stock price to reach $37.33 in the next twelve months. This suggests that the stock has a possible downside of 39.9%.
View analysts price targets for BHP or view top-rated stocks among Wall Street analysts.

How have BHP shares performed in 2023?

BHP Group's stock was trading at $62.05 at the beginning of the year. Since then, BHP shares have increased by 0.1% and is now trading at $62.10.
View the best growth stocks for 2023 here.

Are investors shorting BHP Group?

BHP Group saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 7,630,000 shares, a decline of 9.1% from the October 31st total of 8,390,000 shares. Based on an average daily trading volume, of 2,380,000 shares, the short-interest ratio is presently 3.2 days.
View BHP Group's Short Interest.

When is BHP Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 12th 2023.
View our BHP earnings forecast.

How were BHP Group's earnings last quarter?

BHP Group Limited (NYSE:BHP) released its quarterly earnings results on Tuesday, February, 19th. The mining company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by $0.05.

How often does BHP Group pay dividends? What is the dividend yield for BHP Group?

BHP Group declared a semi-annual dividend on Tuesday, August 22nd. Stockholders of record on Friday, September 8th will be given a dividend of $1.60 per share on Thursday, September 28th. This represents a yield of 5.9%. The ex-dividend date is Thursday, September 7th.
Read our dividend analysis for BHP.

Is BHP Group a good dividend stock?

BHP Group (NYSE:BHP) pays an annual dividend of $3.17 per share and currently has a dividend yield of 5.06%. BHP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 57.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BHP will have a dividend payout ratio of 56.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BHP.

What ETFs hold BHP Group's stock?

ETFs with the largest weight of BHP Group (NYSE:BHP) stock in their portfolio include Amplify Lithium & Battery Technology ETF (BATT), Dimensional International High Profitability ETF (DIHP), Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA), Pacer Global Cash Cows Dividend ETF (GCOW), Pacer Developed Markets International Cash Cows 100 ETF (ICOW), Amplify International Enhanced Dividend Income ETF (IDVO), Avantis International Large Cap Value ETF (AVIV) and Putnam PanAgora ESG International Equity ETF (PPIE).

What is Mike Henry's approval rating as BHP Group's CEO?

88 employees have rated BHP Group Chief Executive Officer Mike Henry on Glassdoor.com. Mike Henry has an approval rating of 93% among the company's employees. This puts Mike Henry in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of BHP Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other BHP Group investors own include South32 (S32), Intel (INTC), AT&T (T), Bank of America (BAC), Verizon Communications (VZ), Cisco Systems (CSCO), Micron Technology (MU), JPMorgan Chase & Co. (JPM), Pfizer (PFE) and AbbVie (ABBV).

Who are BHP Group's major shareholders?

BHP Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Morgan Stanley (0.19%), Wellington Management Group LLP (0.12%), Northern Trust Corp (0.06%), Royal Bank of Canada (0.06%), FMR LLC (0.05%) and Westwood Global Investments LLC (0.04%). Insiders that own company stock include Christine O'Reilly, Dion Weisler, Gary Goldberg, Ian Cockerill, Michelle Hinchliffe, Mike Henry and Xiaoqun Clever.
View institutional ownership trends.

How do I buy shares of BHP Group?

Shares of BHP 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.
Compare Top Brokerages Here.

Does BHP Group have any subsidiaries?
The following companies are subsidiares of BHP Group: BHP (Towage Service) Pty Ltd, BHP Billiton Finance (USA) Limited, BHP Billiton Finance B.V., BHP Billiton Finance Limited, BHP Billiton Freight Singapore Pte Limited, BHP Billiton Marketing AG, BHP Billiton Marketing Asia Pte Ltd, BHP Canada Inc., BHP Group Operations Pty Ltd, BHP Iron Ore (Jimblebar) Pty Ltd, BHP Iron Ore Pty Ltd, BHP Nickel West Pty Ltd, BHP Olympic Dam Corporation Pty Ltd, Baosteel, Compañia Minera Cerro Colorado Limitada, Hunter Valley Energy Coal Pty Ltd, Minera Escondida Ltda, Minera Spence SA, Petrohawk Energy, Samarco Mineração S.A., and WMC Finance (USA) Limited.
Read More
This page (NYSE:BHP) was last updated on 12/11/2023 by MarketBeat.com Staff

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