One share of can currently be purchased for approximately $37.33.

Alternative Assets purchased on the Public platform are not held in an Open to the Public Investing brokerage account and are self-custodied by the purchaser. The issuers of these securities DotBig may be an affiliate of Public, and Public may earn fees when you purchase or sell Alternative Assets. For more information on risks and conflicts of interest, see these disclosures.

This buyback authorization permits the company to purchase up to 7.6% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow.

Investing in these five stocks could be a great way to start putting your money to work in the stock market. One share of can currently be purchased for approximately $37.33.

What is the 52-week low for BAC stock

The company’s average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings. From 1990 to 1998, shares of Bank of America rose over six-fold, Bank of America stock price went from $4 to over $26. It is important to note that stock price data before the 1998 merger reflect historical prices of NationsBank. Throughout the 1980’s, shares of Bank of America slowly chugged along, but Bank of America stock price hit an all-time-low on August 12, 1982, when they closed at $1.47. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. According to our research, BAC stock is a acceptable long-term investment.

  • Bank of America is one of Warren Buffett’s top investments through Berkshire Hathaway.
  • This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 .
  • One such is the Bank of Italy which was founded in 1904 by Amadeo Giannini to serve Italian immigrants that were facing discrimination.
  • Abayomi Community Development Corporation, Racquet Up Detroit announced as 2022 Neighborhood Builders Awardees DETROIT , Nov. 17, 2022 /PRNewswire/ — Today, Bank of America celebrates its annual "Day o…
  • Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year.

At the time, the merger was the largest bank merger in history and the company has only grown in the time since. Based on earnings estimates, Bank of America will have a dividend payout ratio of 23.78% next year. This indicates https://dotbig.com/ that Bank of America will be able to sustain or increase its dividend. Bank of America has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Warren Buffett: It’s a Huge Structural Advantage Not to Have a Lot of Money

Bank of America Corporation is a bank holding company and a financial holding company. The Company’s segments include Consumer Banking, Global Wealth & Investment Management , Global Banking, and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM segment provides client experience through a network of financial advisors focused on clients with over $250,000 in… Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs,…

BAC stock

The volatile market was no match for this healthcare company, BAC stock which beat Q3 expectations and raised guidance.

Warren Buffet Stocks to Buy and Hold for the Next Decade

Bank of America declared a quarterly dividend on Wednesday, October 19th. Shareholders of record on Friday, December 2nd will be given a dividend of $0.22 per share on Friday, December 30th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend is Thursday, December 1st. DotBig price was relatively flat throughout the 1980s, but the thriving economic period in the 1990s would bring Bank of America and BAC stock price to the forefront of Wall Street finance.

Earnings and Valuation

Shares of Bank of America Corp rose 4.41% Thursday, on what proved to be an all-around favorable trading session for the stock market. The performance of the stock was mixed when compared to some of its competitors In a short term, a correction is expected to the 0.5 Fibo level with a $34 price target. Dalmore and Apex Crypto, LLC are not affiliated with any of the Public Holdings subsidiaries. Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Open to the Public Investing’s Fee Schedule to learn more. According to 31 analysts, the average rating for Bank of America stock price today is "Buy." The 12-month stock price forecast is 41.78, which is an increase of 11.98% from the latest price. Real-time analyst ratings, insider transactions, earnings data, and more.

About Bank of America (BAC)

Intraday data delayed at least 15 minutes or per exchange requirements. What analysts recommend for , on a scale from 1 to 5. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank.

No-Brainer Buffett Stocks to Buy for 2023

Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. Discuss news and analysts‘ price predictions with the investor community. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.50 average news sentiment score of Finance companies.

The Global Banking segment provides lending products and services, including commercial loans and leases for businesses of all varieties. The Global Markets segment offers market-making, clearing, settlement, and custody https://dotbig.com/markets/stocks/BAC/ services, as well as risk management, derivatives, and FX exchange services. 13 brokerages have issued 1-year price objectives for Bank of America’s stock. Their BAC share price forecasts range from $33.00 to $64.00.

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