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

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Petróleo Brasileiro S.A. - Petrobras in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.

5 Wall Street analysts have issued 1 year target prices for Petróleo Brasileiro S.A. - Petrobras' shares. Their PBR share price forecasts range from $12.00 to $14.50. On average, they predict the company's share price to reach $13.80 in the next year. This suggests that the stock has a possible downside of 2.2%.
View analysts price targets for PBR or view top-rated stocks among Wall Street analysts.

Petróleo Brasileiro S.A. - Petrobras' stock was trading at $10.98 at the beginning of 2022. Since then, PBR shares have increased by 28.5% and is now trading at $14.11.
View the best growth stocks for 2022 here.

Petróleo Brasileiro S.A. - Petrobras saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 47,310,000 shares, an increase of 33.9% from the August 15th total of 35,340,000 shares. Based on an average daily trading volume, of 31,380,000 shares, the short-interest ratio is currently 1.5 days.
View Petróleo Brasileiro S.A. - Petrobras' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our PBR earnings forecast.

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) released its earnings results on Thursday, July, 28th. The oil and gas exploration company reported $1.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.14 by $0.25. The oil and gas exploration company earned $34.70 billion during the quarter, compared to analyst estimates of $35.39 billion. Petróleo Brasileiro S.A. - Petrobras had a trailing twelve-month return on equity of 32.41% and a net margin of 28.57%.

Petróleo Brasileiro S.A. - Petrobras announced a -- dividend on Wednesday, August 3rd. Investors of record on Monday, August 15th will be given a dividend of $1.2949 per share on Tuesday, September 27th. This represents a dividend yield of 44.8%. The ex-dividend date of this dividend is Friday, August 12th. This is a positive change from the stock's previous -- dividend of $0.16.
Read our dividend analysis for PBR.

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) pays an annual dividend of $3.60 per share and currently has a dividend yield of 26.35%. PBR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 75.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PBR will have a dividend payout ratio of 86.54% 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."

Petróleo Brasileiro S.A. - Petrobras' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Centric Wealth Management (0.02%).
View institutional ownership trends.

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 $14.11.

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) has a market capitalization of $92.03 billion and generates $83.97 billion in revenue each year. The oil and gas exploration company earns $19.88 billion in net income (profit) each year or $4.78 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.