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NYSE:BHP

BHP Group (BHP) Stock Price, News & Analysis

BHP Group logo
$51.33 -0.34 (-0.66%)
(As of 01:22 PM ET)

About BHP Group Stock (NYSE:BHP)

Key Stats

Today's Range
$51.31
$51.65
50-Day Range
$51.19
$60.81
52-Week Range
$50.90
$69.11
Volume
723,849 shs
Average Volume
2.43 million shs
Market Capitalization
$130.16 billion
P/E Ratio
11.11
Dividend Yield
5.71%
Price Target
$68.00
Consensus Rating
Moderate Buy

Company Overview

BHP Group Limited is a leading natural resources company based in Melbourne, Australia, with a long and successful history in the mining industry dating back to 1851. BHP is one of the largest companies in Australia, and BHP operates in countries around the world. 

The company is engaged in various mineral exploration, mining and processing activities, including zinc, copper, silver, uranium, molybdenum, gold, iron ore and coal. BHP also has a presence in refining and smelting nickel and potash. They are also engaged in development activities that revolve around the mining industry. The company provides towing, freight, marketing support, finance, marketing and trading, administrative and other services. With a global workforce of over 80,000 people, BHP is committed to promoting diversity and inclusion. 

BHP is well-positioned to capitalize on the growth and demand for commodities. BHP operates in critical growth markets, providing innovation and sustainability. This operating principle has helped BHP become one of the largest mining companies in the world. 

BHP has roots in Broken Hill Proprietary Company Limited (BHP), incorporated in 1885. The first consignment of Broken Hill ore was smelted in Spotswood, Victoria, in June of 1885. In 1915, BHP diversified into steel manufacturing, building a manufacturing facility in Newcastle, New South Wales. In 2001, BHP merged with Billiton, a mining company founded in the 1860s in the Netherlands, becoming BHP Billiton. 

In August 2016, BHP Billiton recorded the worst annual loss in its history, at $6.4 billion. In 2017, BHP Billiton began to rebrand itself as BHP and announced plans to sell its U.S. shale oil and gas business. In July 2018, BHP Billiton completed the sale of its Fayetteville Onshore U.S. gas assets to a wholly owned subsidiary of Merit Energy Company. In August 2021, BHP announced plans to exit the oil and gas industry by merging its hydrocarbon business with Woodside Petroleum. 

BHP has been part of several controversies, such as the Ok Tedi environmental disaster, Bento Rodrigues tailings dam collapse and allegations of drawing waters above the granted limit from aquifers. In response to a sexual harassment and assault investigation in 2021, the company terminated or removed 48 workers from multiple sites. 

BHP is constantly striving to ensure responsible and ethical mining activities while also working toward reducing its environmental impact. As a significant player in the natural resources industry, BHP is well-positioned to capitalize on the growing demand for commodities worldwide while continuing to be a leader and innovator in the mining sector.

BHP Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
79th Percentile Overall Score

BHP MarketRank™: 

BHP Group scored higher than 79% of companies evaluated by MarketBeat, and ranked 77th out of 195 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    BHP Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    BHP Group has only been the subject of 2 research reports in the past 90 days.

  • Read more about BHP Group's stock forecast and price target.
  • Earnings Growth

    Earnings for BHP Group are expected to grow by 0.43% in the coming year, from $4.63 to $4.65 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of BHP Group is 11.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.74.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of BHP Group is 11.11, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 114.47.

  • Price to Book Value per Share Ratio

    BHP Group has a P/B Ratio of 2.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.42% of the outstanding shares of BHP Group have been sold short.
  • Short Interest Ratio / Days to Cover

    BHP Group has a short interest ratio ("days to cover") of 4.3.
  • Change versus previous month

    Short interest in BHP Group has recently decreased by 4.68%, indicating that investor sentiment is improving.
  • Dividend Leadership

    BHP Group is a leading dividend payer. It pays a dividend yield of 5.59%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    BHP Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of BHP Group is 63.42%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, BHP Group will have a dividend payout ratio of 63.01% next year. This indicates that BHP Group will be able to sustain or increase its dividend.

  • Read more about BHP Group's dividend.
  • Percentage of Shares Shorted

    0.42% of the outstanding shares of BHP Group have been sold short.
  • Short Interest Ratio / Days to Cover

    BHP Group has a short interest ratio ("days to cover") of 4.3.
  • Change versus previous month

    Short interest in BHP Group has recently decreased by 4.68%, indicating that investor sentiment is improving.
  • News Sentiment

    BHP Group has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for BHP Group this week, compared to 12 articles on an average week.
  • Search Interest

    31 people have searched for BHP on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.
  • MarketBeat Follows

    14 people have added BHP Group to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, BHP Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.02% of the stock of BHP Group is held by insiders.

  • Percentage Held by Institutions

    Only 3.79% of the stock of BHP Group is held by institutions.

  • Read more about BHP Group's insider trading history.
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BHP Stock News Headlines

Is the BHP share price a buy? Here's my view
BHP Seeks Brazil Growth to Emerge From Shadow of Mining Disaster
Wall Street Icon: “You must get on the right side of this thing”
I created one of the first quantitative analysis-based stock picking systems long before "quants" became a thing on Wall Street… leading Forbes to call me "King of the Quants." I'm writing to you today because my system has recently uncovered a market phenomenon I haven't seen in 30 years.
See More Headlines

BHP Stock Analysis - Frequently Asked Questions

BHP Group's stock was trading at $68.31 on January 1st, 2024. Since then, BHP shares have decreased by 24.9% and is now trading at $51.33.
View the best growth stocks for 2024 here
.

BHP Group Limited (NYSE:BHP) posted its earnings results on Tuesday, February, 19th. The mining company reported $0.77 EPS for the quarter, missing analysts' consensus estimates of $0.82 by $0.05.

BHP Group subsidiaries include these companies: Baosteel, Petrohawk Energy, BHP Billiton Finance B.V., BHP Billiton Finance Limited, BHP Billiton Finance (USA) Limited, BHP Billiton Freight Singapore Pte Limited, BHP Billiton Marketing AG, and more.

Top institutional investors of BHP Group include Fisher Asset Management LLC (0.87%), Wellington Management Group LLP (0.22%), Bank of Montreal Can (0.06%) and FMR LLC (0.06%). Insiders that own company stock include Michelle Hinchliffe, Mike Henry, Gary Goldberg and Ian Cockerill.
View institutional ownership trends
.

Shares of BHP 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that BHP Group investors own include BlackRock (BLK), Broadcom (AVGO), UnitedHealth Group (UNH), The Goldman Sachs Group (GS), ServiceNow (NOW), Illinois Tool Works (ITW) and Woodside Energy Group (WDS).

Company Calendar

Last Earnings
2/19/2019
Ex-Dividend for 10/3 Dividend
9/13/2024
Dividend Payable
10/03/2024
Today
12/16/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
Non-Metallic And Industrial Metal Mining
Employees
90,000
Year Founded
1851

Price Target and Rating

Average Stock Price Target
$68.00
High Stock Price Target
$68.00
Low Stock Price Target
$68.00
Potential Upside/Downside
+31.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$55.66 billion
Cash Flow
$5.78 per share
Book Value
$19.37 per share

Miscellaneous

Outstanding Shares
2,535,760,000
Free Float
2,535,258,000
Market Cap
$130.85 billion
Optionable
Optionable
Beta
0.95

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This page (NYSE:BHP) was last updated on 12/16/2024 by MarketBeat.com Staff
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