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Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
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Stock market today: Asian shares gain despite Wall Street's tech-led retreat
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Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
NYSE:BHP

BHP Group (BHP) Stock Price, News & Analysis

$58.41
+1.45 (+2.55%)
(As of 04/17/2024 ET)
Today's Range
$58.16
$59.36
50-Day Range
$55.70
$60.49
52-Week Range
$54.28
$69.11
Volume
3.44 million shs
Average Volume
2.62 million shs
Market Capitalization
$147.95 billion
P/E Ratio
N/A
Dividend Yield
4.88%
Price Target
$50.00

BHP Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
14.4% Downside
$50.00 Price Target
Short Interest
Healthy
0.36% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.58mentions of BHP Group in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-5.70%
From $5.44 to $5.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.81 out of 5 stars

Basic Materials Sector

156th out of 170 stocks

Metal Mining Industry

18th out of 20 stocks

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

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Company Calendar

Last Earnings
2/19/2019
Ex-Dividend for 3/28 Dividend
3/07/2024
Dividend Payable
3/28/2024
Today
4/17/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Employees
1,457
Year Founded
1851

Price Target and Rating

Average Stock Price Target
$50.00
High Stock Price Target
$50.00
Low Stock Price Target
$50.00
Potential Upside/Downside
-14.4%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$53.82 billion
Cash Flow
$7.04 per share
Book Value
$19.16 per share

Miscellaneous

Outstanding Shares
2,532,910,000
Free Float
2,532,403,000
Market Cap
$147.95 billion
Optionable
Optionable
Beta
0.96

Social Links

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Key Executives

  • Mr. Mike P. Henry B.Sc.Mr. Mike P. Henry B.Sc. (Age 58)
    BSc (Chem), CEO & Executive Director
    Comp: $3.18M
  • Mr. Edgar Basto-Baez B.Sc. (Age 57)
    Chief Operating Officer
    Comp: $1.78M
  • Ms. Geraldine A. Slattery B.Sc. (Age 55)
    M.Sc., President of Australia
    Comp: $2.22M
  • Mr. Ragnar Udd M.B.A. (Age 51)
    Chief Commercial Officer
    Comp: $1.77M
  • Mr. David Mark Lamont ACA (Age 58)
    B.Com., C.A., Senior Executive Officer
    Comp: $1.82M
  • Ms. Vandita Pant B.Com. (Age 53)
    M.B.A., Chief Financial Officer
  • Mr. Johan van Jaarsveld B.E. (Age 51)
    Ph.D., Chief Technical Officer
  • Dinesh Bishop
    Vice President of Investor Relations
  • Ms. Caroline Cox B.A. (Age 54)
    L.L.B., M.A., Chief Legal, Governance & External Affairs Officer
  • Mr. James Agar
    Vice President of Communications

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

Pros

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

  • BHP Group Limited operates as a resources company in various regions globally, providing diversification in different markets.
  • BHP Group Limited offers a wide range of products and services, including mining, marketing support, finance, administrative, and other services.
  • With a history dating back to 1851, BHP Group Limited has a long-standing presence in the industry, indicating stability and experience.
  • Recent developments in BHP Group Limited's operations have shown promising growth potential, attracting investor interest.
  • Considering the current stock price of BHP Group Limited, investors may find it undervalued compared to its potential growth prospects.

Cons

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

  • Despite its global presence, BHP Group Limited may be susceptible to geopolitical risks and regulatory challenges in different regions.
  • Fluctuations in commodity prices can significantly impact BHP Group Limited's revenue and profitability, leading to volatility in stock performance.
  • As a resources company, BHP Group Limited is exposed to environmental and sustainability concerns, which could affect its reputation and operations.
  • Market competition in the resources sector is intense, and BHP Group Limited may face challenges in maintaining its market share and profitability.
  • While recent developments show growth potential, investors should carefully assess the risks associated with investing in BHP Group Limited before making decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these BHP Group pros and cons to contact@marketbeat.com.

BHP Stock Analysis - Frequently Asked Questions

Should I buy or sell BHP Group stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BHP Group in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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?

8 Wall Street analysts have issued 1 year target prices for BHP Group's shares. Their BHP share price targets range from $50.00 to $50.00. On average, they predict the company's share price to reach $50.00 in the next year. This suggests that the stock has a possible downside of 14.4%.
View analysts price targets for BHP
or view top-rated stocks among Wall Street analysts.

How have BHP shares performed in 2024?

BHP Group's stock was trading at $68.31 at the beginning of 2024. Since then, BHP shares have decreased by 14.5% and is now trading at $58.41.
View the best growth stocks for 2024 here
.

Are investors shorting BHP Group?

BHP Group saw a decline in short interest in March. As of March 31st, there was short interest totaling 9,030,000 shares, a decline of 10.0% from the March 15th total of 10,030,000 shares. Based on an average trading volume of 2,610,000 shares, the short-interest ratio is presently 3.5 days.
View BHP Group's Short Interest
.

How were BHP Group's earnings last quarter?

BHP Group Limited (NYSE:BHP) announced its quarterly earnings data on Tuesday, February, 19th. The mining company reported $0.77 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 Thursday, February 22nd. Investors of record on Friday, March 8th will be paid a dividend of $1.44 per share on Thursday, March 28th. This represents a yield of 5.2%. The ex-dividend date of this dividend is Thursday, March 7th.
Read our dividend analysis for BHP
.

Is BHP Group a good dividend stock?

BHP Group (NYSE:BHP) pays an annual dividend of $2.85 per share and currently has a dividend yield of 4.83%. BHP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BHP.

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 many different retail and institutional investors. Top institutional shareholders include Perpetual Ltd (0.01%), Vicus Capital (0.01%), Addenda Capital Inc. (0.00%), Shorepath Capital Management LLC (0.00%), Hennion & Walsh Asset Management Inc. (0.00%) and Security National Bank (0.00%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 4/17/2024 by MarketBeat.com Staff

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