Companhia de Saneamento Básico do Estado de São Paulo - SABESP - SBS Stock Forecast, Price & News

Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock was trading at $10.66 on January 1st, 2023. Since then, SBS shares have decreased by 11.4% and is now trading at $9.45.
View the best growth stocks for 2023 here.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP saw a decrease in short interest in the month of February. As of February 15th, there was short interest totaling 3,050,000 shares, a decrease of 21.8% from the January 31st total of 3,900,000 shares. Based on an average daily volume of 2,420,000 shares, the short-interest ratio is currently 1.3 days. Currently, 0.5% of the company's stock are short sold.
View Companhia de Saneamento Básico do Estado de São Paulo - SABESP's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 23rd 2023.
View our SBS earnings forecast.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP declared an annual dividend on Wednesday, April 6th. Investors of record on Monday, May 2nd will be given a dividend of $0.188 per share on Thursday, July 7th. This represents a yield of 1.75%. The ex-dividend date is Friday, April 29th. This is an increase from the stock's previous annual dividend of $0.07.
Read our dividend analysis for SBS.

ETFs with the largest weight of Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) stock in their portfolio include iShares Emerging Markets Infrastructure ETF (EMIF) and DJ Brookfield Global Infrastructure ETF (TOLZ) and

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) pays an annual dividend of $0.14 per share and currently has a dividend yield of 1.42%. The dividend payout ratio is 16.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SBS.

2 employees have rated Companhia de Saneamento Básico do Estado de São Paulo - SABESP Chief Executive Officer Gesner José de Oliveira Filho on Glassdoor.com. Gesner José de Oliveira Filho has an approval rating of 100% among the company's employees. This puts Gesner José de Oliveira Filho in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Companhia de Saneamento Básico do Estado de São Paulo - SABESP investors own include Vertex Pharmaceuticals (VRTX), MercadoLibre (MELI), Depomed (DEPO), Alphabet (GOOG), Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Associated British Foods (ABF) and Chaarat Gold (CGH).

Companhia de Saneamento Básico do Estado de São Paulo - SABESP trades on the New York Stock Exchange (NYSE) under the ticker symbol "SBS."

Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock is owned by a number of institutional and retail investors. Top institutional investors include Impax Asset Management Group plc (0.00%), Mackenzie Financial Corp (0.00%), First Trust Advisors LP (0.00%), Letko Brosseau & Associates Inc. (0.00%), Amundi (0.00%) and Morgan Stanley (0.00%).

Shares of SBS 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.
Compare Top Brokerages Here.

One share of SBS stock can currently be purchased for approximately $9.45.

The company employs 12,515 workers across the globe.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP's mailing address is RUA COSTA CARVALHO 300, SP D5, 05429-900. The official website for the company is www.sabesp.com.br. The utilities provider can be reached via phone at 551133888000, via email at abairoldi@sabesp.com, or via fax at 55-11-3815-4465.