NYSE:BHP

BHP Group - BHP Stock Forecast, Price & News

$67.08

-0.47 (-0.70%)

(As of 02/3/2023 12:00 AM ET)

Add

Compare

Today's Range: $66.89
▼
$68.00
50-Day Range: $58.98
▼
$71.24
52-Week Range: $46.92
▼
$79.66

Volume: 3.36 million shs
Average Volume: 3.08 million shs
Market Capitalization: $98.95 billion

P/E Ratio: N/A
Dividend Yield: 10.39%
Price Target: $82.00

Institutional Ownership

BHP Group MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 3,041.7% Upside
$2,107.44 Price Target
Short Interest: Healthy
0.38% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.60
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 7.15%
From $6.15 to $6.59 Per Share

Overall MarketRank^™

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

2.54 out of 5 stars

Basic Materials Sector

34th out of 158 stocks

Metal Mining Industry

3rd out of 15 stocks

4.0

Analyst's Opinion

Consensus Rating
BHP Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 4 buy ratings, 3 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2,107.44, BHP Group has a forecasted upside of 3,041.7% from its current price of $67.08.
Amount of Analyst Coverage
BHP Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
0.38% of the outstanding shares of BHP Group have been sold short.
Short Interest Ratio / Days to Cover
BHP Group has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in BHP Group has recently increased by 1.65%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Leadership
BHP Group is a leading dividend payer. It pays a dividend yield of 10.39%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
BHP Group does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, BHP Group will have a dividend payout ratio of 105.77% in the coming year. This indicates that BHP Group may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BHP.

3.7

News and Social Media Coverage

News Sentiment
BHP Group has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for BHP Group this week, compared to 4 articles on an average week.
Search Interest
155 people have searched for BHP on MarketBeat in the last 30 days. This is an increase of 158% compared to the previous 30 days.
MarketBeat Follows
46 people have added BHP Group to their MarketBeat watchlist in the last 30 days. This is an increase of 24% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BHP Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.02% of the stock of BHP Group is held by insiders.
Percentage Held by Institutions
Only 5.90% of the stock of BHP Group is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for BHP Group are expected to grow by 7.15% in the coming year, from $6.15 to $6.59 per share.
Price to Earnings Growth Ratio
BHP Group has a PEG Ratio of 3.64. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
BHP Group has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About BHP Group (NYSE:BHP) Stock

BHP Group Ltd. engages in the exploration, development, production and processing of iron ore, metallurgical coal and copper. It operates through the following segments: Petroleum, Copper, Iron Ore, and Coal. The Petroleum segment explores, develops and produces oil and gas. The Copper segment refers to the mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The Iron Ore segment refers to mining of iron ore. The Coal segment focuses on metallurgical coal and energy coal. The company was founded on August 13, 1885 and is headquartered in Melbourne, Australia.

Receive BHP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for BHP Group and its competitors with MarketBeat's FREE daily newsletter.

BHP Stock News Headlines

February 1, 2023 | dividendstocks.com

BHP Stock and Dividend: What to Know

February 5, 2023 | msn.com

BHP share price jumps as Oz Minerals acquisition clears major hurdle

February 5, 2023 | Investor Place Media (Ad)

Cash Holders STILL Aren't Taking Steps to Prepare

Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.

February 2, 2023 | stocknews.com

2 Stocks to Help Jump-Start Your Passive Income in 2023

January 31, 2023 | msn.com

Here's How Much $100 Invested In BHP Group 20 Years Ago Would Be Worth Today

January 30, 2023 | finance.yahoo.com

Australian state to soon finalise order for miners to beef up coal supply

January 30, 2023 | msn.com

Up 18% in a year, is it time to cash in the chips on BHP shares?

January 29, 2023 | msn.com

Invested $5,000 in BHP shares 5 years ago? Here’s how much passive income you’ve earned

February 5, 2023 | Tradewins (Ad)

Know Your Profit Potential BEFORE You Trade!

I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now!

January 29, 2023 | msn.com

Why is the BHP share price slipping on Monday?

January 27, 2023 | americanbankingnews.com

FY2024 EPS Estimates for BHP Group Limited Increased by Jefferies Financial Group (NYSE:BHP)

January 25, 2023 | msn.com

How to generate $50,000 of passive income from BHP shares

January 23, 2023 | finance.yahoo.com

Top Miner BHP Strikes Deal to Look for Copper in Serbia

January 19, 2023 | msn.com

Could the coal price cap hold BHP shares hostage?

January 19, 2023 | msn.com

BHP second-quarter iron ore output rises 1%

January 19, 2023 | proactiveinvestors.com.au

BHP sees China stabilising commodity demand in 2023

January 19, 2023 | reuters.com

UPDATE 3-BHP expects China to underpin commodities demand in 2023

January 19, 2023 | ft.com

BHP says China to ‘stabilise’ commodity demand in 2023

January 19, 2023 | finance.yahoo.com

BHP Group Limited: Miners’ FVEs Generally Increased on Higher Commodity Prices With China Reopening

January 18, 2023 | msn.com

Should I buy BHP shares in 2023?

January 18, 2023 | money.usnews.com

BHP Expects China to Support Commodities Demand in 2023

January 18, 2023 | stocknews.com

2 "Strong Buy" Stocks Flying Under the Radar Right Now

January 17, 2023 | markets.businessinsider.com

Positive Report for BHP Group Ltd (BHPLF) from Berenberg Bank

January 13, 2023 | fool.com.au

Is the BHP share price about to crack $50 [for the first time ever]?

January 10, 2023 | marketwatch.com

Analysis of Iron Ore Raw Materials Market for the Period 2023 to 2028 : Development, Growth and Key Factors

January 9, 2023 | msn.com

If I invest $1,000 in BHP shares now, what could my return be this year?

January 8, 2023 | msn.com

Electric vehicles: investors bank on China demand in plan to revive Australian nickel and cobalt refinery

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive BHP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for BHP Group and its competitors with MarketBeat's FREE daily newsletter.

BHP Company Calendar

Today: 2/05/2023
Fiscal Year End: 6/30/2023

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: 80,000
Year Founded: 1851

Price Target and Rating

Average Stock Price Forecast: $2,107.44
High Stock Price Forecast: $3,000.00
Low Stock Price Forecast: $82.00
Forecasted Upside/Downside: +22.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 10.91
P/E Growth: 3.64
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: 0.28
Current Ratio: 1.69
Quick Ratio: 1.40

Sales & Book Value

Annual Sales: $65.10 billion
Price / Sales: 1.52
Cash Flow: $18.33 per share
Price / Cash Flow: 3.66
Book Value: $33.06 per share
Price / Book: 2.03

Miscellaneous

Outstanding Shares: 1,475,130,000
Free Float: 1,474,831,000
Market Cap: $98.95 billion
Optionable: Optionable
Beta: 0.88

Social Links

Key Executives

Mike Henry
CEO & Non-Independent Executive Director

Edgar Basto
Chief Operating Officer

David Mark Lamont
Chief Financial Officer

Laura Tyler
Chief Technical Officer

Geraldine Ann Slattery
President-Australia

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions

BHP Stock - Frequently Asked Questions

Should I buy or sell BHP Group stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BHP Group in the last twelve months. There are currently 4 sell ratings, 3 hold ratings and 4 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 forecast for 2023?: 11 Wall Street research analysts have issued 12-month price targets for BHP Group's shares. Their BHP share price forecasts range from $82.00 to $3,000.00. On average, they predict the company's share price to reach $2,107.44 in the next twelve months. This suggests a possible upside of 3,041.7% from the stock's current price.
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 8.1% and is now trading at $67.08.
View the best growth stocks for 2023 here.
How often does BHP Group pay dividends? What is the dividend yield for BHP Group?: BHP Group declared a semi-annual dividend on Monday, August 22nd. Stockholders of record on Friday, September 2nd will be paid a dividend of $3.50 per share on Thursday, September 22nd. This represents a dividend yield of 11.3%. The ex-dividend date is Thursday, September 1st. This is a positive change from the stock's previous semi-annual dividend of $3.00.
Read our dividend analysis for BHP.
Is BHP Group a good dividend stock?: BHP Group (NYSE:BHP) pays an annual dividend of $6.97 per share and currently has a dividend yield of 10.39%. 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).
What is BHP Group's stock symbol?: BHP Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "BHP."
Who are BHP Group's major shareholders?: BHP Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (1.21%), Pendal Group Ltd (0.05%), Willis Investment Counsel (0.03%), Bank of Montreal Can (0.02%), Natixis Advisors L.P. (0.02%) and National Bank of Canada FI (0.02%).
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.
What is BHP Group's stock price today?: One share of BHP stock can currently be purchased for approximately $67.08.
How much money does BHP Group make?: BHP Group (NYSE:BHP) has a market capitalization of $98.95 billion and generates $65.10 billion in revenue each year.
How many employees does BHP Group have?: The company employs 80,000 workers across the globe.
How can I contact BHP Group?: BHP Group's mailing address is 171 COLLINS STREET MELBOURNE, VICTORIA C3, 3000. The official website for the company is www.bhp.com. The mining company can be reached via phone at (139) 609-3333, via email at citibank@shareholders-online.com, or via fax at 61-3-9609-3015.

This page (NYSE:BHP) was last updated on 2/5/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

BHP Group - BHP Stock Forecast, Price & News

BHP Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About BHP Group (NYSE:BHP) Stock

BHP Stock News Headlines

BHP Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

BHP Stock - Frequently Asked Questions

Overall MarketRank^™