Petróleo Brasileiro S.A. - Petrobras - PBR Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Petróleo Brasileiro S.A. - Petrobras in the last twelve months. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PBR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PBR, but not buy additional shares or sell existing shares.
View PBR analyst ratings or view top-rated stocks.

7 brokerages have issued 12 month price objectives for Petróleo Brasileiro S.A. - Petrobras' shares. Their PBR share price forecasts range from $11.00 to $16.00. On average, they expect the company's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price.
View analysts price targets for PBR or view top-rated stocks among Wall Street analysts.

Petróleo Brasileiro S.A. - Petrobras' stock was trading at $10.65 at the beginning of 2023. Since then, PBR stock has decreased by 2.1% and is now trading at $10.43.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our PBR earnings forecast.

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) posted its quarterly earnings data on Thursday, March, 2nd. The oil and gas exploration company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.10 by $0.15. The oil and gas exploration company earned $30.17 billion during the quarter, compared to analysts' expectations of $31.03 billion. Petróleo Brasileiro S.A. - Petrobras had a net margin of 29.42% and a trailing twelve-month return on equity of 44.48%.

Petróleo Brasileiro S.A. - Petrobras declared a -- dividend on Wednesday, August 3rd. Investors of record on Monday, August 15th will be paid a dividend of $1.2949 per share on Thursday, September 8th. This represents a yield of 44.8%. The ex-dividend date of this dividend is Friday, August 12th.
Read our dividend analysis for PBR.

ETFs with the largest weight of Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) stock in their portfolio include Amplify Natural Resources Dividend Income ETF (NDIV), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), iShares Latin America 40 ETF (ILF), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), First Trust Indxx Global Natural Resources Income ETF (FTRI), First Trust Long/Short Equity ETF (FTLS), Amplify International Enhanced Dividend Income ETF (IDVO) and Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA).

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) pays an annual dividend of $3.44 per share and currently has a dividend yield of 33.11%. PBR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 61.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, PBR will have a dividend payout ratio of 105.85% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for PBR.

57 employees have rated Petróleo Brasileiro S.A. - Petrobras Chief Executive Officer Pedro Parente on Glassdoor.com. Pedro Parente has an approval rating of 42% among the company's employees. This puts Pedro Parente in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Petróleo Brasileiro S.A. - Petrobras investors own include Vale (VALE), Edap Tms (EDAP), Bank of America (BAC), Intel (INTC), NVIDIA (NVDA), Alibaba Group (BABA), Citigroup (C), Advanced Micro Devices (AMD), General Electric (GE) and Cisco Systems (CSCO).

Petróleo Brasileiro S.A. - Petrobras trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBR."

Shares of PBR 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 PBR stock can currently be purchased for approximately $10.43.

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) has a market capitalization of $68.03 billion and generates $124.47 billion in revenue each year. The oil and gas exploration company earns $36.62 billion in net income (profit) each year or $5.60 on an earnings per share basis.

The company employs 45,532 workers across the globe.

Petróleo Brasileiro S.A. - Petrobras' mailing address is AVENIDA REPUBLICA DO CHILE 65, RIO DE JANERIO RJ BR D5, 20031-912. The official website for the company is www.petrobras.com.br. The oil and gas exploration company can be reached via phone at 552132244477, via email at acionistas@petrobras.com, or via fax at 55-21-3224-6055.