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NYSE:BRK.B

Berkshire Hathaway (BRK.B) Stock Price, News & Analysis

$433.61
-0.40 (-0.09%)
(As of 02:03 PM ET)
Today's Range
$430.73
$435.41
50-Day Range
$403.90
$445.77
52-Week Range
$330.58
$449.25
Volume
1.16 million shs
Average Volume
3.48 million shs
Market Capitalization
$934.51 billion
P/E Ratio
12.80
Dividend Yield
N/A
Price Target
$443.00

Berkshire Hathaway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
2.2% Upside
$443.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.01mentions of Berkshire Hathaway in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.19%
From $18.78 to $19.38 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.

0.24 out of 5 stars

Finance Sector

853rd out of 866 stocks

Fire, Marine, & Casualty Insurance Industry

48th out of 52 stocks

BRK.B stock logo

About Berkshire Hathaway Stock (NYSE:BRK.B)

Berkshire Hathaway Inc Class B, listed on the New York Stock Exchange under the ticker symbol BRK.B, is a holding company based in Omaha, Nebraska. The company was founded in 1839 as a textile manufacturing firm and has since evolved into a multinational conglomerate with a diverse portfolio of businesses across industries, including insurance, retail, manufacturing and energy.

The company is led by its CEO, Warren Buffett, widely regarded as one of the most successful investors ever. Under his leadership, Berkshire Hathaway has grown to become one of the largest publicly traded companies in the world, with a market capitalization of over $600 billion.

Warren Buffett has been the CEO of Berkshire Hathaway since 1970 and is also the company's chairman and largest shareholder. Alongside Buffett, the company's board of directors includes several other prominent business leaders, including Charlie Munger, Vice Chairman of Berkshire Hathaway and Bill Gates, the co-founder of Microsoft.

In recent years, there have been some changes to Berkshire Hathaway's leadership team. In 2020, Ajit Jain was promoted to Vice Chairman of Insurance Operations, while Greg Abel was named Vice Chairman of Non-Insurance Business Operations. These moves were part of a broader succession plan for Berkshire Hathaway, as Buffett is now in his 90s.

Berkshire Hathaway's financial performance has been strong over the past few years, with consistent revenue growth and solid profit margins. 

The company has a strong balance sheet, with over twice as many assets as liabilities. Berkshire Hathaway also has a low debt-to-equity ratio, indicating a conservative approach to financing. Berkshire Hathaway's valuation metrics are often compared to other insurance and financial services companies. Using those metrics, Berkshire Hathaway falls in line with generally accepted metrics values. Berkshire Hathaway's stock performance has been solid over the past few years, although it has underperformed in the broader market in some periods. 

Berkshire Hathaway operates in various industries, including insurance, retail, manufacturing and energy. The insurance business, which includes subsidiaries such as GEICO and Berkshire Hathaway Reinsurance Group, is a crucial driver of the company's overall performance. The company also has significant holdings in companies such as Apple, Bank of America and Coca-Cola.

The insurance industry is intense, with companies competing on price, product offerings and customer service. In addition, regulatory and political issues can significantly impact the industry. However, Berkshire Hathaway's size and diversification provide a significant advantage in weathering these challenges.

Berkshire Hathaway's diverse portfolio of businesses provides numerous growth opportunities. The company has a long history of acquiring companies and investing in new ventures and is willing to pursue opportunities in various industries.

One potential area of growth for Berkshire Hathaway is renewable energy. In recent years, the company has made several investments in wind and solar energy projects and has signaled its intention to continue expanding its presence in this space. Given the growing demand for clean energy and the increasing focus on sustainability, this could be a promising area for the company to pursue.

Another potential area of growth is the technology sector. Berkshire Hathaway has traditionally been known for investing in more traditional industries such as insurance and manufacturing. However, the company has also recently made several high-profile investments in technology companies. For example, the company has a significant stake in Apple, one of the best-performing stocks in recent years.

Like any company, Berkshire Hathaway faces risks and challenges that could impact its future performance. One of the most significant risks is the potential for a downturn in the broader economy. Given the company's diverse portfolio of businesses, it is not immune to the effects of a recession or other economic challenges.

Another challenge facing Berkshire Hathaway is the potential for regulatory or political changes that could impact its operations. For example, tax laws or trade policy changes could significantly impact the company's profitability.

Berkshire Hathaway's reliance on its CEO and chairman, Warren Buffett, is a potential risk. Buffett is widely regarded as one of the most successful investors of all time, and his leadership has been instrumental in the company's success. However, he is now in his 90s, and there are concerns about how the company will perform once he is no longer at the helm.

BRK.B Stock Price History

BRK.B Stock News Headlines

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Secure Your Finances: Act Against the Digital Dollar Alarm
Something critical just happened... In June the BRICS nations — Brazil, Russia, India, China, and South Africa — met. They weren't just chatting about trade. No, they were plotting to dismantle the dominance of the U.S. dollar in global trade. A new trade system, free from the dollar. What does that spell for the dollar's future? Trouble.
BRK.B Jul 2024 427.500 put (BRKB240726P00427500)
Secure Your Finances: Act Against the Digital Dollar Alarm
Something critical just happened... In June the BRICS nations — Brazil, Russia, India, China, and South Africa — met. They weren't just chatting about trade. No, they were plotting to dismantle the dominance of the U.S. dollar in global trade. A new trade system, free from the dollar. What does that spell for the dollar's future? Trouble.
Berkshire Hathaway: Buffett No Longer Takes Risk
Berkshire Hathaway: Nothing Lasts Forever
See More Headlines
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Company Calendar

Last Earnings
5/04/2024
Today
7/24/2024
Next Earnings (Estimated)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Current Symbol
NYSE:BRK.B
Previous Symbol
NYSE:BRK/B
CUSIP
08467070
Employees
396,500
Year Founded
1839

Price Target and Rating

Average Stock Price Target
$443.00
High Stock Price Target
$465.00
Low Stock Price Target
$414.00
Potential Upside/Downside
+2.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$96.22 billion
Pretax Margin
24.22%

Debt

Sales & Book Value

Annual Sales
$364.48 billion
Cash Flow
$22.78 per share
Book Value
$262.01 per share

Miscellaneous

Outstanding Shares
2,155,190,000
Free Float
2,024,804,000
Market Cap
$930.46 billion
Optionable
Not Optionable
Beta
0.86
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Key Executives

Should I Buy Berkshire Hathaway Stock? BRK.B Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Berkshire Hathaway:

  • Berkshire Hathaway's diversified business portfolio across insurance, transportation, utilities, manufacturing, and retail provides stability and potential for consistent long-term growth.
  • The company's strong leadership under Warren Buffett, known for his value investing approach and long-term vision, instills confidence in investors.
  • Berkshire Hathaway's focus on acquiring undervalued companies with strong fundamentals can lead to value creation for shareholders.
  • Recent financial reports show a solid performance, with revenue growth and profitability, indicating a healthy financial position.
  • With the current stock price offering an attractive entry point, investors may find Berkshire Hathaway's shares undervalued compared to its intrinsic value.

Cons

Investors should be bearish about investing in Berkshire Hathaway for these reasons:

  • Berkshire Hathaway's sheer size and diversification may lead to slower growth compared to smaller, more focused companies in specific industries.
  • The company's reliance on Warren Buffett's leadership raises concerns about succession planning and the ability to maintain the same level of success in the future.
  • Market volatility and economic uncertainties could impact Berkshire Hathaway's various business segments, affecting overall performance.
  • Investors seeking rapid short-term gains may find Berkshire Hathaway's conservative investment approach less appealing compared to high-growth tech companies.
  • Regulatory changes or industry disruptions could pose challenges to Berkshire Hathaway's traditional business models and operations.
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 Sunday, July 7, 2024. Please send any questions or comments about these Berkshire Hathaway pros and cons to contact@marketbeat.com.

BRK.B Stock Analysis - Frequently Asked Questions

How have BRK.B shares performed this year?

Berkshire Hathaway's stock was trading at $356.66 at the beginning of the year. Since then, BRK.B shares have increased by 21.5% and is now trading at $433.44.
View the best growth stocks for 2024 here
.

How were Berkshire Hathaway's earnings last quarter?

Berkshire Hathaway Inc. (NYSE:BRK.B) posted its quarterly earnings results on Saturday, May, 4th. The financial services provider reported $5.19 EPS for the quarter, beating analysts' consensus estimates of $3.41 by $1.78. The financial services provider earned $89.87 billion during the quarter, compared to analyst estimates of $81.03 billion. Berkshire Hathaway had a trailing twelve-month return on equity of 7.28% and a net margin of 19.90%.

How do I buy shares of Berkshire Hathaway?

Shares of BRK.B 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.

This page (NYSE:BRK.B) was last updated on 7/24/2024 by MarketBeat.com Staff

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