Companhia Brasileira De Distribuicao - CBD Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Companhia Brasileira De Distribuicao in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CBD shares.
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Companhia Brasileira De Distribuicao's stock was trading at $3.10 at the beginning of the year. Since then, CBD stock has decreased by 14.2% and is now trading at $2.66.
View the best growth stocks for 2023 here.

Companhia Brasileira De Distribuicao saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 2,010,000 shares, a decrease of 9.0% from the February 13th total of 2,210,000 shares. Based on an average trading volume of 1,220,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.8% of the company's stock are sold short.
View Companhia Brasileira De Distribuicao's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
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Companhia Brasileira De Distribuicao (NYSE:CBD) issued its quarterly earnings data on Tuesday, May, 10th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.10. The firm earned $4.56 billion during the quarter. Companhia Brasileira De Distribuicao had a net margin of 3.70% and a negative trailing twelve-month return on equity of 6.22%.

Companhia Brasileira De Distribuicao declared an annual dividend on Wednesday, April 27th. Shareholders of record on Monday, May 9th will be given a dividend of $0.061 per share on Wednesday, June 22nd. This represents a dividend yield of 1.43%. The ex-dividend date of this dividend is Friday, May 6th.
Read our dividend analysis for CBD.

VanEck Brazil Small-Cap ETF holds 111,794 shares of CBD stock, representing 1.36% of its portfolio.

Companhia Brasileira De Distribuicao (NYSE:CBD) pays an annual dividend of $0.06 per share and currently has a dividend yield of 2.16%.
Read our dividend analysis for CBD.

Based on aggregate information from My MarketBeat watchlists, some companies that other Companhia Brasileira De Distribuicao investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Och-Ziff Capital Management Group (OZM), Gran Tierra Energy (GTE) and Transocean (RIG).

Companhia Brasileira De Distribuicao trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBD."

Companhia Brasileira De Distribuicao's stock is owned by a variety of institutional and retail investors. Top institutional investors include Banco BTG Pactual S.A. (0.85%), SPX Gestao de Recursos Ltda (0.43%), UBS Group AG (0.42%), Bank of America Corp DE (0.28%), Amundi (0.16%) and Jane Street Group LLC (0.15%).

Shares of CBD 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.
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One share of CBD stock can currently be purchased for approximately $2.66.

Companhia Brasileira De Distribuicao (NYSE:CBD) has a market capitalization of $716.74 million and generates $3.35 billion in revenue each year.

The company employs 91,917 workers across the globe.

Companhia Brasileira De Distribuicao's mailing address is AVENIDA BRIGADEIRO LUIZ ANTONIO 3142, Sao Paulo D5, 01402. The official website for the company is www.gpari.com.br. The company can be reached via phone at 551138860533, via email at gpa.ri@gpabr.com, or via fax at 55-11-3884-2677.