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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Petróleo Brasileiro S.A. - Petrobras in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Petróleo Brasileiro S.A. - Petrobras stock. 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 analyst ratings for Petróleo Brasileiro S.A. - Petrobras or view top-rated stocks.

Wall Street analysts have given Petróleo Brasileiro S.A. - Petrobras a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Petróleo Brasileiro S.A. - Petrobras wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Petróleo Brasileiro S.A. - Petrobras saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 3,180,000 shares, a decline of 94.6% from the June 15th total of 58,570,000 shares. Based on an average trading volume of 35,050,000 shares, the short-interest ratio is currently 0.1 days.
View Petróleo Brasileiro S.A. - Petrobras' Short Interest.

Petróleo Brasileiro S.A. - Petrobras is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
View our earnings forecast for Petróleo Brasileiro S.A. - Petrobras.

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) released its quarterly earnings results on Friday, May, 14th. The oil and gas exploration company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by $0.23. The oil and gas exploration company earned $15.70 billion during the quarter, compared to analysts' expectations of $17.33 billion. Petróleo Brasileiro S.A. - Petrobras had a net margin of 21.13% and a trailing twelve-month return on equity of 7.23%.
View Petróleo Brasileiro S.A. - Petrobras' earnings history.

Petróleo Brasileiro S.A. - Petrobras' stock was trading at $6.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PBR shares have increased by 63.2% and is now trading at $11.18.
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Petróleo Brasileiro S.A. - Petrobras announced a -- dividend on Thursday, March 25th. Stockholders of record on Friday, April 16th will be given a dividend of $0.2859 per share on Thursday, May 6th. This represents a yield of 4.6%. The ex-dividend date is Thursday, April 15th.
View Petróleo Brasileiro S.A. - Petrobras' dividend history.

Petróleo Brasileiro S.A. - Petrobras pays an annual dividend of $0.28 per share and currently has a dividend yield of 2.59%. Petróleo Brasileiro S.A. - Petrobras does not yet have a strong track record of dividend growth. The dividend payout ratio of Petróleo Brasileiro S.A. - Petrobras is 65.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Petróleo Brasileiro S.A. - Petrobras will have a dividend payout ratio of 11.76% next year. This indicates that Petróleo Brasileiro S.A. - Petrobras will be able to sustain or increase its dividend.
View Petróleo Brasileiro S.A. - Petrobras' dividend history.

9 Wall Street analysts have issued twelve-month price targets for Petróleo Brasileiro S.A. - Petrobras' shares. Their forecasts range from $9.00 to $14.00. On average, they expect Petróleo Brasileiro S.A. - Petrobras' share price to reach $11.76 in the next year. This suggests a possible upside of 5.2% from the stock's current price.
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57 employees have rated Petróleo Brasileiro S.A. - Petrobras CEO Pedro Parente on Glassdoor.com. Pedro Parente has an approval rating of 42% among Petróleo Brasileiro S.A. - Petrobras' employees. This puts Pedro Parente in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Petróleo Brasileiro S.A. - Petrobras include TotalEnergies (TTE), PetroChina (PTR), EOG Resources (EOG), ENI (E), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), Ecopetrol (EC), Occidental Petroleum (OXY), RWE Aktiengesellschaft (RWEOY), Devon Energy (DVN), Cenovus Energy (CVE), Woodside Petroleum (WOPEY), Diamondback Energy (FANG) and Continental Resources (CLR).
View all of PBR's competitors.

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 Compagnie Lombard Odier SCmA (0.00%), TCW Group Inc. (0.00%), Capital Investment Advisory Services LLC (0.00%), XR Securities LLC (0.00%) and Vanguard Capital Wealth Advisors (0.00%).
View institutional ownership trends for Petróleo Brasileiro S.A. - Petrobras.

PBR stock was sold by a variety of institutional investors in the last quarter, including Compagnie Lombard Odier SCmA.
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PBR stock was acquired by a variety of institutional investors in the last quarter, including TCW Group Inc., Vanguard Capital Wealth Advisors, Capital Investment Advisory Services LLC, and XR Securities LLC.
View insider buying and selling activity for Petróleo Brasileiro S.A. - Petrobras or or view top insider-buying stocks.

Shares of PBR 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 $11.18.

Petróleo Brasileiro S.A. - Petrobras has a market capitalization of $72.92 billion and generates $53.68 billion in revenue each year. The oil and gas exploration company earns $1.14 billion in net income (profit) each year or $0.43 on an earnings per share basis.

Petróleo Brasileiro S.A. - Petrobras employs 49,050 workers across the globe.

The official website for Petróleo Brasileiro S.A. - Petrobras is www.petrobras.com.br.

Petróleo Brasileiro S.A. - Petrobras is headquartered at AVENIDA REPUBLICA DO CHILE 65, RIO DE JANERIO RJ BR D5, 20031-912.

Petróleo Brasileiro S.A. - Petrobras' mailing address is AVENIDA REPUBLICA DO CHILE 65, RIO DE JANERIO RJ BR D5, 20031-912. The oil and gas exploration company can be reached via phone at 552132244477 or via email at [email protected]