NYSE:BBU

Brookfield Business Partners (BBU) Stock Price, News & Analysis

$19.00
+0.11 (+0.58%)
(As of 04:28 PM ET)
Today's Range
$18.48
$19.36
50-Day Range
$18.71
$22.50
52-Week Range
$12.22
$23.75
Volume
20,577 shs
Average Volume
15,355 shs
Market Capitalization
$1.41 billion
P/E Ratio
2.98
Dividend Yield
1.32%
Price Target
$29.67

Brookfield Business Partners MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
54.1% Upside
$29.83 Price Target
Short Interest
Healthy
0.01% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.16mentions of Brookfield Business Partners in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.19%
From $3.95 to $4.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.74 out of 5 stars

Business Services Sector

21st out of 314 stocks

Construction - Special Trade Contractors Industry

2nd out of 8 stocks

BBU stock logo

About Brookfield Business Partners Stock (NYSE:BBU)

Brookfield Business Partners L.P. is a private equity firm specializing in acquisition. The firm typically invests in business services, infrastructure services, construction, energy, and industrials sector. It prefers to take majority stake in companies. The firm seeks returns of at least 15% on its investments. Brookfield Business Partners L.P. was founded in 2016 and is based in Hamilton, Bermuda. Brookfield Business Partners L.P. operates as a subsidiary of Brookfield Corporation.

BBU Stock Price History

BBU Stock News Headlines

You need to know these two things about AI stocks ASAP…
For 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.
You need to know these two things about AI stocks ASAP…
For 40 years, he's been known as one of the world's most bullish investors. Forbes even referred to him a "perma bull"... But he just shocked the world by issuing a massive bear warning about AI stocks.
BBU Jun 2024 15.000 put
BBUC Oct 2024 30.000 call
Brookfield Business Partners LP BBU
Brookfield Business Partners LP BBU.UN
See More Headlines
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Company Calendar

Last Earnings
2/02/2024
Ex-Dividend for 3/28 Dividend
2/28/2024
Dividend Payable
3/28/2024
Today
5/06/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Construction - special trade contractors
Sub-Industry
N/A
Fax
N/A
Employees
72,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.67
High Stock Price Target
$34.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+57.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$482 million
Pretax Margin
6.76%

Debt

Sales & Book Value

Annual Sales
$55.07 billion
Cash Flow
$99.42 per share
Book Value
$239.52 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.40 billion
Optionable
Optionable
Beta
1.44
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Key Executives

  • Mr. Jeffrey Miles Blidner (Age 76)
    Vice Chairman, Management & Affiliated Director
  • Mr. Cyrus Madon (Age 58)
    Executive Chair & Head of Private Equity
    Comp: $1.07M
  • Mr. Anuj Ranjan (Age 45)
    Chief Executive Officer
  • Mr. Bruce Flatt
    Chief Executive Officer
  • Mr. Justin B. Beber (Age 54)
    Managing Partner, Chief Administrative Officer, General Counsel & Head of Corporate Strategy
  • Ms. Jaspreet Dehl CPA (Age 46)
    Managing Partner of Private Equity & Chief Financial Officer
    Comp: $807.76k
  • Mr. Niel Thassim (Age 50)
    Managing Partner, COO & Head of Client Strategy of Private Funds Group
  • Mr. Alan Matthew Fleming
    VP of Investor Relations & MD
  • Mr. Ronald Fisher-Dayn
    Managing Partner of Compliance
  • Ms. Suzanne Fleming
    Managing Partner of Corporate Communications

BBU Stock Analysis - Frequently Asked Questions

Should I buy or sell Brookfield Business Partners stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brookfield Business Partners in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BBU shares.
View BBU analyst ratings
or view top-rated stocks.

What is Brookfield Business Partners' stock price target for 2024?

6 brokers have issued 1 year price targets for Brookfield Business Partners' stock. Their BBU share price targets range from $26.00 to $34.00. On average, they anticipate the company's share price to reach $29.83 in the next year. This suggests a possible upside of 54.1% from the stock's current price.
View analysts price targets for BBU
or view top-rated stocks among Wall Street analysts.

How have BBU shares performed in 2024?

Brookfield Business Partners' stock was trading at $20.58 at the beginning of the year. Since then, BBU shares have decreased by 5.9% and is now trading at $19.36.
View the best growth stocks for 2024 here
.

Are investors shorting Brookfield Business Partners?

Brookfield Business Partners saw a decrease in short interest in April. As of April 15th, there was short interest totaling 9,500 shares, a decrease of 5.9% from the March 31st total of 10,100 shares. Based on an average trading volume of 15,300 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the company's shares are sold short.
View Brookfield Business Partners' Short Interest
.

When is Brookfield Business Partners' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our BBU earnings forecast
.

How were Brookfield Business Partners' earnings last quarter?

Brookfield Business Partners L.P. (NYSE:BBU) issued its quarterly earnings data on Friday, February, 2nd. The business services provider reported $6.57 earnings per share for the quarter, beating the consensus estimate of $0.90 by $5.67. The business services provider earned $13.41 billion during the quarter. Brookfield Business Partners had a trailing twelve-month return on equity of 21.72% and a net margin of 7.08%. During the same quarter last year, the business earned $1.49 earnings per share.

How often does Brookfield Business Partners pay dividends? What is the dividend yield for Brookfield Business Partners?

Brookfield Business Partners announced a quarterly dividend on Friday, February 2nd. Stockholders of record on Thursday, February 29th will be given a dividend of $0.0625 per share on Thursday, March 28th. This represents a $0.25 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Wednesday, February 28th.
Read our dividend analysis for BBU
.

Is Brookfield Business Partners a good dividend stock?

Brookfield Business Partners (NYSE:BBU) pays an annual dividend of $0.25 per share and currently has a dividend yield of 1.32%. The dividend payout ratio is 3.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBU will have a dividend payout ratio of 5.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BBU.

What other stocks do shareholders of Brookfield Business Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brookfield Business Partners investors own include Brookfield Asset Management (BAM), Brookfield Infrastructure Partners (BIP), Brookfield Renewable Partners (BEP), Gilead Sciences (GILD), Enbridge (ENB), Bank of America (BAC), Energy Transfer (ET), RTX (RTX) and Sunrun (RUN).

Who are Brookfield Business Partners' major shareholders?

Brookfield Business Partners' stock is owned by a number of retail and institutional investors. Top institutional investors include DORCHESTER WEALTH MANAGEMENT Co (0.34%), Principal Financial Group Inc. (0.12%), Triasima Portfolio Management inc. (0.09%) and Concourse Financial Group Securities Inc. (0.00%).
View institutional ownership trends
.

How do I buy shares of Brookfield Business Partners?

Shares of BBU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BBU) was last updated on 5/6/2024 by MarketBeat.com Staff

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