S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
Log in
NYSE:BKR

Baker Hughes Stock Forecast, Price & News

$22.87
-0.84 (-3.54 %)
(As of 01/15/2021 12:00 AM ET)
Add
Compare
Today's Range
$22.37
Now: $22.87
$23.38
50-Day Range
$18.72
MA: $21.46
$23.71
52-Week Range
$9.12
Now: $22.87
$24.04
Volume6.34 million shs
Average Volume4.64 million shs
Market Capitalization$23.68 billion
P/E RatioN/A
Dividend Yield3.13%
Beta1.78
Baker Hughes Company provides a portfolio of technologies and services worldwide. The company operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The OFS segment offers drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, completions tools and systems, wellbore intervention tools and services, artificial lift systems, pressure pumping systems, and oilfield and industrial chemicals for oil and natural gas, and oilfield service companies. The OFE segment designs and manufactures products and services, including pressure control equipment and services, subsea production systems and services, drilling equipment, and flexible pipeline systems; and onshore and offshore drilling and production systems, and equipment for floating production platforms, as well as provides services related to onshore and offshore drilling activities. The TPS segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, onshore and offshore, and industrial, as well as engineering, procurement, and construction companies. The DS segment provides sensor-based measurement, non-destructive testing and inspection, turbine, generator and plant controls, and condition monitoring, as well as pipeline integrity solutions for a range of industries, including oil and gas, power generation, aerospace, metals, and transportation. It serves through direct and indirect channels. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company is based in Houston, Texas.

MarketRank

Overall MarketRank

2.06 out of 5 stars

Oils/Energy Sector

32nd out of 517 stocks

Oil & Gas Field Machinery Industry

1st out of 18 stocks

Analyst Opinion: 2.3Community Rank: 3.0Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Oil & gas field machinery
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone713-439-8600
Employees68,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$23.84 billion
Cash Flow$1.83 per share
Book Value$33.59 per share

Profitability

Net Income$128 million

Miscellaneous

Outstanding Shares1,035,260,000
Market Cap$23.68 billion
Next Earnings Date1/21/2021 (Confirmed)
OptionableOptionable
$22.87
-0.84 (-3.54 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive BKR News and Ratings via Email

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

speech bubbles
speech bubbles











Baker Hughes (NYSE:BKR) Frequently Asked Questions

How has Baker Hughes' stock price been impacted by Coronavirus?

Baker Hughes' stock was trading at $12.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BKR stock has increased by 79.9% and is now trading at $22.87.
View which stocks have been most impacted by COVID-19
.

Is Baker Hughes a buy right now?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baker Hughes in the last year. There are currently 10 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Baker Hughes stock.
View analyst ratings for Baker Hughes
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Baker Hughes?

Wall Street analysts have given Baker Hughes a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Baker Hughes wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Baker Hughes' next earnings date?

Baker Hughes is scheduled to release its next quarterly earnings announcement on Thursday, January 21st 2021.
View our earnings forecast for Baker Hughes
.

How can I listen to Baker Hughes' earnings call?

Baker Hughes will be holding an earnings conference call on Thursday, January 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Baker Hughes' earnings last quarter?

Baker Hughes (NYSE:BKR) announced its quarterly earnings data on Wednesday, October, 21st. The company reported $0.04 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.04. The business earned $5.05 billion during the quarter, compared to analysts' expectations of $4.77 billion. Baker Hughes had a positive return on equity of 1.12% and a negative net margin of 48.86%. The firm's revenue was down 14.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.21 EPS.
View Baker Hughes' earnings history
.

How often does Baker Hughes pay dividends? What is the dividend yield for Baker Hughes?

Baker Hughes declared a quarterly dividend on Thursday, October 29th. Investors of record on Monday, November 9th will be given a dividend of $0.18 per share on Friday, November 20th. This represents a $0.72 annualized dividend and a yield of 3.15%. The ex-dividend date of this dividend is Friday, November 6th.
View Baker Hughes' dividend history
.

Is Baker Hughes a good dividend stock?

Baker Hughes pays an annual dividend of $0.72 per share and currently has a dividend yield of 3.13%. The dividend payout ratio of Baker Hughes is 84.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Baker Hughes will have a dividend payout ratio of 124.14% in the coming year. This indicates that Baker Hughes may not be able to sustain their current dividend.
View Baker Hughes' dividend history.

What price target have analysts set for BKR?

26 Wall Street analysts have issued 12 month price targets for Baker Hughes' shares. Their forecasts range from $10.50 to $31.00. On average, they anticipate Baker Hughes' stock price to reach $18.75 in the next year. This suggests that the stock has a possible downside of 18.0%.
View analysts' price targets for Baker Hughes
or view Wall Street analyst' top-rated stocks.

Are investors shorting Baker Hughes?

Baker Hughes saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 42,500,000 shares, an increase of 20.4% from the December 15th total of 35,300,000 shares. Based on an average daily volume of 7,360,000 shares, the days-to-cover ratio is presently 5.8 days. Currently, 6.6% of the shares of the stock are short sold.
View Baker Hughes' Short Interest
.

Who are some of Baker Hughes' key competitors?

What other stocks do shareholders of Baker Hughes own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Baker Hughes investors own include AT&T (T), Pfizer (PFE), AbbVie (ABBV), The Boeing (BA), Verizon Communications (VZ), Cisco Systems (CSCO), Chevron (CVX), Halliburton (HAL), Johnson & Johnson (JNJ) and Caterpillar (CAT).

Who are Baker Hughes' key executives?

Baker Hughes' management team includes the following people:
  • Mr. Lorenzo Simonelli, Chairman & CEO (Age 48, Pay $4.11M)
  • Mr. Brian Worrell, Chief Financial Officer (Age 45, Pay $2.48M)
  • Ms. Maria Claudia Borras, Exec. VP of Oilfield Services (Age 52, Pay $1.6M)
  • Mr. Roderick Christie, Exec. VP of Turbomachinery & Process Solutions (Age 59, Pay $1.74M)
  • Mr. Kurt Camilleri, Sr. VP, Controller & Chief Accounting Officer (Age 46)
  • Ms. Jennifer Hartsock, Chief Information Officer
  • Mr. Judson Edwin Bailey CFA, VP of Investor Relations
  • Ms. Regina Bynote Jones, Chief Legal Officer (Age 50)
  • Mr. Russell Wilkerson, Chief Communications Officer & Chief Corp. Affairs Officer
  • Mr. Neeraj Sethi, Director of Sales & Commercial - OFS

What is Baker Hughes' stock symbol?

Baker Hughes trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKR."

Who are Baker Hughes' major shareholders?

Baker Hughes' stock is owned by many different retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.19%), Boston Trust Walden Corp (0.08%), State of Alaska Department of Revenue (0.02%), Signature Estate & Investment Advisors LLC (0.01%), IFM Investors Pty Ltd (0.01%) and Louisiana State Employees Retirement System (0.00%). Company insiders that own Baker Hughes stock include Brian Worrell, Electric Co General, Lorenzo Simonelli, William D Marsh and William G Beattie.
View institutional ownership trends for Baker Hughes
.

Which major investors are selling Baker Hughes stock?

BKR stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Crossmark Global Holdings Inc., Signature Estate & Investment Advisors LLC, and State of Alaska Department of Revenue.
View insider buying and selling activity for Baker Hughes
or view top insider-selling stocks.

Which major investors are buying Baker Hughes stock?

BKR stock was purchased by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, IFM Investors Pty Ltd, Louisiana State Employees Retirement System, and NuWave Investment Management LLC. Company insiders that have bought Baker Hughes stock in the last two years include Brian Worrell, Lorenzo Simonelli, and William G Beattie.
View insider buying and selling activity for Baker Hughes
or or view top insider-buying stocks.

How do I buy shares of Baker Hughes?

Shares of BKR 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.

What is Baker Hughes' stock price today?

One share of BKR stock can currently be purchased for approximately $22.87.

How big of a company is Baker Hughes?

Baker Hughes has a market capitalization of $23.68 billion and generates $23.84 billion in revenue each year. The company earns $128 million in net income (profit) each year or $0.85 on an earnings per share basis. Baker Hughes employs 68,000 workers across the globe.

What is Baker Hughes' official website?

The official website for Baker Hughes is www.bhge.com.

How can I contact Baker Hughes?

Baker Hughes' mailing address is 17021 ALDINE WESTFIELD, HOUSTON TX, 77073. The company can be reached via phone at 713-439-8600 or via email at [email protected]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.