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

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Companhia de Saneamento Básico do Estado de São Paulo - SABESP in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SBS shares.
View SBS analyst ratings or view top-rated stocks.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock was trading at $7.34 on January 1st, 2022. Since then, SBS stock has increased by 26.0% and is now trading at $9.25.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022.
View our SBS earnings forecast.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) issued its quarterly earnings results on Monday, May, 23rd. The utilities provider reported $0.27 earnings per share (EPS) for the quarter. The utilities provider had revenue of $931.88 million for the quarter. Companhia de Saneamento Básico do Estado de São Paulo - SABESP had a trailing twelve-month return on equity of 11.14% and a net margin of 14.19%.

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 of this dividend is Friday, April 29th. This is a positive change from the stock's previous annual dividend of $0.07.
Read our dividend analysis for SBS.

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 1.55%. The dividend payout ratio is 18.42%. 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 retail and institutional investors. Top institutional shareholders include Mackenzie Financial Corp (0.82%), Quilter Plc (0.17%), Russell Investments Group Ltd. (0.12%), Pictet Asset Management SA (0.05%), Sumitomo Mitsui Trust Holdings Inc. (0.05%) and Pendal Group Ltd (0.04%).

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.
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One share of SBS stock can currently be purchased for approximately $9.25.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) has a market capitalization of $6.32 billion and generates $3.61 billion in revenue each year. The utilities provider earns $427.28 million in net income (profit) each year or $0.76 on an earnings per share basis.

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.