Banco Bradesco S.A. ADR (NYSE:BBD) has a beta value of 0.73 and has seen 24.3 million shares traded in the recent trading session. The company, currently valued at $15.33B, closed the recent trade at $2.89 per share which meant it gained $0.01 on the day or 0.35% during that session. The BBD stock price is -1.04% off its 52-week high price of $2.92 and 39.45% above the 52-week low of $1.75. If we look at the company’s 10-day average daily trading volume, we find that it stood at 42.24 million shares traded. The 3-month trading volume is 41.82 million shares.
The consensus among analysts is that Banco Bradesco S.A. ADR (BBD) is Buy stock at the moment, with a recommendation rating of 2.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
Banco Bradesco S.A. ADR (NYSE:BBD) trade information
Over the past 30 days, the shares of Banco Bradesco S.A. ADR (NYSE:BBD) have changed 19.59%. Short interest in the company has seen 94.18 million shares shorted with days to cover at 2.35.
Wall Street analysts have a consensus price target for the stock at $3.2, which means that the shares’ value could jump 9.69% from the levels at last check today.. The projected low price target is $3.2 while the price target rests at a high of $3.2. In that case, then, we find that the latest price level in today’s session is -10.73% off the targeted high while a plunge would see the stock gain -10.73% from the levels at last check today..
Banco Bradesco S.A. ADR (BBD) estimates and forecasts
The company’s shares have gained 28.26% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -10.85% over the past 5 years. Earnings growth for 2025 is a modest 21.37% while over the next 5 years, the company’s earnings are expected to increase by 16.11%.
BBD Dividends
Banco Bradesco S.A. ADR is expected to release its next earnings report on 2025-May-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.04 at a share yield of 1.50%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.43%.
Banco Bradesco S.A. ADR (NYSE:BBD)’s Major holders
Insiders own 0.02% of the company shares, while shares held by institutions stand at 22.00% with a share float percentage of 22.01%. Investors are also buoyed by the number of investors in a company, with Banco Bradesco S.A. ADR having a total of 339.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 73.39 million shares worth more than $164.38 million. As of 2024-06-30, BLACKROCK INC. held 0.6909% of shares outstanding.
The other major institutional holder is SPRUCEGROVE INVESTMENT MANAGEMENT LTD, with the holding of over 72.74 million shares as of 2024-06-30. The firm’s total holdings are worth over $162.94 million and represent 0.6849% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are MFS SERIES TRUST I-MFS Research International Fund and MFS SERIES TRUST X-MFS Emerging Markets Equity Fund . As of Feb 28, 2025 , the former fund manager holds about 0.80% shares in the company for having 42.38 shares of worth $122.91 million while later fund manager owns 38.19 shares of worth $110.76 million as of Feb 28, 2025 , which makes it owner of about 0.72% of company’s outstanding stock.
