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 year. There are currently 1 sell rating, 4 hold ratings and 4 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 decrease in short interest in the month of August. As of August 31st, there was short interest totaling 29,350,000 shares, a decrease of 23.1% from the August 15th total of 38,150,000 shares. Based on an average trading volume of 27,750,000 shares, the short-interest ratio is presently 1.1 days.
View Petróleo Brasileiro S.A. - Petrobras' Short Interest.

Petróleo Brasileiro S.A. - Petrobras is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Petróleo Brasileiro S.A. - Petrobras.

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) posted its quarterly earnings results on Wednesday, August, 4th. The oil and gas exploration company reported $1.18 EPS for the quarter, beating the consensus estimate of $0.92 by $0.26. The oil and gas exploration company had revenue of $20.98 billion for the quarter, compared to the consensus estimate of $19.17 billion. Petróleo Brasileiro S.A. - Petrobras had a trailing twelve-month return on equity of 23.98% and a net margin of 30.71%.
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 stock has increased by 39.0% and is now trading at $9.52.
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Petróleo Brasileiro S.A. - Petrobras announced an annual dividend on Friday, August 6th. Stockholders of record on Wednesday, August 18th will be paid a dividend of $0.616 per share on Wednesday, September 1st. This represents a yield of 5.52%. The ex-dividend date is Tuesday, August 17th. This is a positive change from Petróleo Brasileiro S.A. - Petrobras's previous annual dividend of $0.04.
View Petróleo Brasileiro S.A. - Petrobras' dividend history.

Petróleo Brasileiro S.A. - Petrobras pays an annual dividend of $0.61 per share and currently has a dividend yield of 6.28%. PBR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Petróleo Brasileiro S.A. - Petrobras is 141.86%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Petróleo Brasileiro S.A. - Petrobras will have a dividend payout ratio of 22.51% 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 12 month price objectives for Petróleo Brasileiro S.A. - Petrobras' stock. Their forecasts range from $9.00 to $16.00. On average, they expect Petróleo Brasileiro S.A. - Petrobras' share price to reach $12.29 in the next twelve months. This suggests a possible upside of 29.1% 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), ENI (E), EOG Resources (EOG), 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), Continental Resources (CLR), Diamondback Energy (FANG) and Woodside Petroleum (WOPEY).
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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 many different institutional and retail investors. Top institutional shareholders include GQG Partners LLC (2.13%), Jefferies Group LLC (0.00%), TT International Asset Management LTD (0.23%), Susquehanna International Group LLP (0.00%), RWC Asset Advisors US LLC (0.17%) and Goldman Sachs Group Inc. (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 Susquehanna International Group LLP, ARGA Investment Management LP, Marshall Wace LLP, Marshall Wace LLP, Citadel Advisors LLC, Parallax Volatility Advisers L.P., Citigroup Inc., and NorthCoast Asset Management LLC.
View insider buying and selling activity for Petróleo Brasileiro S.A. - Petrobras or view top insider-selling stocks.

PBR stock was acquired by a variety of institutional investors in the last quarter, including GQG Partners LLC, Jefferies Group LLC, TT International Asset Management LTD, Canada Pension Plan Investment Board, Goldman Sachs Group Inc., Ashmore Group plc, Deutsche Bank AG, and Capital Markets Trading UK LLP.
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 $9.52.

Petróleo Brasileiro S.A. - Petrobras has a market capitalization of $62.09 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].