Bank Of America Corp. (NYSE:BAC)’s traded shares stood at 44.48 million during the last session, with the company’s beta value hitting 1.39. At the close of trading, the stock’s price was $35.77, to imply an increase of 1.53% or $0.54 in intraday trading. The BAC share’s 52-week high remains $38.35, putting it -7.21% down since that peak but still an impressive 30.22% since price per share fell to its 52-week low of $24.96. The company has a valuation of $281.61B, with an average of 40.61 million shares over the past 3 months.
Bank Of America Corp. (NYSE:BAC) trade information
After registering a 1.53% upside in the last session, Bank Of America Corp. (BAC) has traded red over the past five days. The stock hit a weekly high of 36.76, jumping 1.53% in its intraday price action. The 5-day price performance for the stock is -1.60%, and -0.72% over 30 days. With these gigs, the year-to-date price performance is 6.24%.
Bank Of America Corp. (BAC) estimates and forecasts
Looking at statistics comparing Bank Of America Corp. share performance against respective industry, we note that the company has underperformed competitors. Bank Of America Corp. (BAC) shares are 29.51% up over the last 6 months, with its year-to-date growth rate lower than industry average at -7.60% against -6.10%.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 3.37% for the past 5-year period. While 2024 is set for a 3.57% return in earnings, projections for the next 5 years are at 24.37% annually.
BAC Dividends
Bank Of America Corp. has its next earnings report out on April 16. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Bank Of America Corp. has a forward dividend ratio of 0.94, with the share yield ticking at 2.63% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
