In the last trading session, 38.53 million shares of the Banco Bradesco S.A. ADR (NYSE:BBD) were traded, and its beta was 0.73. Most recently the company’s share price was $3.09, and it changed around $0.02 or 0.65% from the last close, which brings the market valuation of the company to $16.39B. BBD currently trades at a discount to its 52-week high of $3.08, offering almost 0.32% off that amount. The share price’s 52-week low was $1.75, which indicates that the current value has risen by an impressive 43.37% since then. We note from Banco Bradesco S.A. ADR’s average daily trading volume that its 10-day average is 40.0 million shares, with the 3-month average coming to 41.89 million.
Banco Bradesco S.A. ADR stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended BBD as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight.
Banco Bradesco S.A. ADR (NYSE:BBD) trade information
Instantly BBD has showed a green trend with a performance of 0.65% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.12 on recent trading dayincreased the stock’s daily price by 0.96%. The company’s shares are currently up 70.17% year-to-date, but still up 8.04% over the last five days. On the other hand, Banco Bradesco S.A. ADR (NYSE:BBD) is 12.77% up in the 30-day period. We can see from the shorts that 107.98 million shares have been sold at a short interest cover period of 2.29 day(s).
The consensus price target as assigned by Wall Street analysts is $3.2, which translates to bulls needing to increase their stock price by 3.44% from its current value. Analyst projections state that BBD is forecast to be at a low of $3.2 and a high of $3.2.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -10.85%. Banco Bradesco S.A. ADR earnings are expected to increase by 23.25% in 2025, but the outlook is positive 16.23% per year for the next five years.
BBD Dividends
Banco Bradesco S.A. ADR’s next quarterly earnings report is expected to be released on 2025-May-06. The annual dividend yield of the stock is 1.51 percent and its annual dividend per share was 0.05. It is important to note, however, that the 1.51% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 4.43 per year.
Banco Bradesco S.A. ADR (NYSE:BBD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.02% of Banco Bradesco S.A. ADR shares, and 22.00% of them are in the hands of institutional investors. The stock currently has a share float of 22.00%. Banco Bradesco S.A. ADR stock is held by 340.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 0.6909% of the shares, which is about 73.39 million shares worth $164.38 million.
SPRUCEGROVE INVESTMENT MANAGEMENT LTD, with 0.6849% or 72.74 million shares worth $162.94 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
