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NYSE:BRK.B

Berkshire Hathaway (BRK.B) Stock Price, News & Analysis

Berkshire Hathaway logo
$442.29
-9.85 (-2.18%)
(As of 11/4/2024 ET)

About Berkshire Hathaway Stock (NYSE:BRK.B)

Key Stats

Today's Range
$437.90
$450.70
50-Day Range
$442.29
$478.15
52-Week Range
$344.06
$484.82
Volume
5.59 million shs
Average Volume
3.59 million shs
Market Capitalization
$953.15 billion
P/E Ratio
14.07
Dividend Yield
N/A
Price Target
$457.50
Consensus Rating
Moderate Buy

Company Overview

Berkshire Hathaway Inc Class B, listed on the New York Stock Exchange under the ticker symbol BRK.B, is a holding company based in Omaha, Nebraska. The company was founded in 1839 as a textile manufacturing firm and has since evolved into a multinational conglomerate with a diverse portfolio of businesses across industries, including insurance, retail, manufacturing and energy.

The company is led by its CEO, Warren Buffett, widely regarded as one of the most successful investors ever. Under his leadership, Berkshire Hathaway has grown to become one of the largest publicly traded companies in the world, with a market capitalization of over $600 billion.

Warren Buffett has been the CEO of Berkshire Hathaway since 1970 and is also the company's chairman and largest shareholder. Alongside Buffett, the company's board of directors includes several other prominent business leaders, including Charlie Munger, Vice Chairman of Berkshire Hathaway and Bill Gates, the co-founder of Microsoft.

In recent years, there have been some changes to Berkshire Hathaway's leadership team. In 2020, Ajit Jain was promoted to Vice Chairman of Insurance Operations, while Greg Abel was named Vice Chairman of Non-Insurance Business Operations. These moves were part of a broader succession plan for Berkshire Hathaway, as Buffett is now in his 90s.

Berkshire Hathaway's financial performance has been strong over the past few years, with consistent revenue growth and solid profit margins. 

The company has a strong balance sheet, with over twice as many assets as liabilities. Berkshire Hathaway also has a low debt-to-equity ratio, indicating a conservative approach to financing. Berkshire Hathaway's valuation metrics are often compared to other insurance and financial services companies. Using those metrics, Berkshire Hathaway falls in line with generally accepted metrics values. Berkshire Hathaway's stock performance has been solid over the past few years, although it has underperformed in the broader market in some periods. 

Berkshire Hathaway operates in various industries, including insurance, retail, manufacturing and energy. The insurance business, which includes subsidiaries such as GEICO and Berkshire Hathaway Reinsurance Group, is a crucial driver of the company's overall performance. The company also has significant holdings in companies such as Apple, Bank of America and Coca-Cola.

The insurance industry is intense, with companies competing on price, product offerings and customer service. In addition, regulatory and political issues can significantly impact the industry. However, Berkshire Hathaway's size and diversification provide a significant advantage in weathering these challenges.

Berkshire Hathaway's diverse portfolio of businesses provides numerous growth opportunities. The company has a long history of acquiring companies and investing in new ventures and is willing to pursue opportunities in various industries.

One potential area of growth for Berkshire Hathaway is renewable energy. In recent years, the company has made several investments in wind and solar energy projects and has signaled its intention to continue expanding its presence in this space. Given the growing demand for clean energy and the increasing focus on sustainability, this could be a promising area for the company to pursue.

Another potential area of growth is the technology sector. Berkshire Hathaway has traditionally been known for investing in more traditional industries such as insurance and manufacturing. However, the company has also recently made several high-profile investments in technology companies. For example, the company has a significant stake in Apple, one of the best-performing stocks in recent years.

Like any company, Berkshire Hathaway faces risks and challenges that could impact its future performance. One of the most significant risks is the potential for a downturn in the broader economy. Given the company's diverse portfolio of businesses, it is not immune to the effects of a recession or other economic challenges.

Another challenge facing Berkshire Hathaway is the potential for regulatory or political changes that could impact its operations. For example, tax laws or trade policy changes could significantly impact the company's profitability.

Berkshire Hathaway's reliance on its CEO and chairman, Warren Buffett, is a potential risk. Buffett is widely regarded as one of the most successful investors of all time, and his leadership has been instrumental in the company's success. However, he is now in his 90s, and there are concerns about how the company will perform once he is no longer at the helm.

Berkshire Hathaway Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
19th Percentile Overall Score

BRK.B MarketRank™: 

Berkshire Hathaway scored higher than 19% of companies evaluated by MarketBeat, and ranked 876th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Berkshire Hathaway has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Berkshire Hathaway has received no research coverage in the past 90 days.

  • Read more about Berkshire Hathaway's stock forecast and price target.
  • Earnings Growth

    Earnings for Berkshire Hathaway are expected to grow by 1.58% in the coming year, from $19.60 to $19.91 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Berkshire Hathaway is 14.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.19.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Berkshire Hathaway is 14.07, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.65.

  • Price to Earnings Growth Ratio

    Berkshire Hathaway has a PEG Ratio of 3.29. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Berkshire Hathaway has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for BRK.B.
  • Dividend Yield

    Berkshire Hathaway does not currently pay a dividend.

  • Dividend Growth

    Berkshire Hathaway does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for BRK.B.
  • News Sentiment

    Berkshire Hathaway has a news sentiment score of 0.40. 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 lower news sentiment than the 0.58 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Berkshire Hathaway this week, compared to 17 articles on an average week.
  • Search Interest

    14 people have searched for BRK.B on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.
  • MarketBeat Follows

    43 people have added Berkshire Hathaway to their MarketBeat watchlist in the last 30 days. This is an increase of 39% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Berkshire Hathaway insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,575,240,623.00 in company stock.

  • Percentage Held by Insiders

    Only 6.05% of the stock of Berkshire Hathaway is held by insiders.

  • Percentage Held by Institutions

    Only 39.25% of the stock of Berkshire Hathaway is held by institutions.

  • Read more about Berkshire Hathaway's insider trading history.
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BRK.B Stock News Headlines

Stock exchange chart on smartphone screen and hundred dollar bills on beige background - stock image
Value Stocks Gaining Momentum – Will They Beat Growth Stocks? (BRK.B)
There are signs of a potential rotation in the stock market, which would favor value stocks and hurt growth stocks. Individual stocks amplify these rotations
Should Warren Buffett’s Favorite Stock be Yours Too?
Should Warren Buffett’s Favorite Stock be Yours Too?
Since becoming CEO of BRK.B in 1965, Warren Buffett has delivered nearly 20% compounded annual returns, consistently outperforming the broader market.
Rigged election?
Porter Stansberry’s viral Breaking Point 2024 broadcast has now been by tens of thousands of Americans who finally understand the grim reality of our next election. With November 5 just around the corner, it’s imperative for your financial future that you read Porter’s message below now and then watch Breaking Point before it’s too late.
August 29, 2024, Paraguay. In this photo illustration, the Occidental Petroleum (OXY) logo is displayed on a smartphone screen — Stock Editorial Photography
Why Buffett Loves Occidental Stock And What It Means for Chevron (BRK.B)
Berkshire Hathway continues to buy shares of Occidental Petroleum and sell shares of Chevron, but investors should be careful not to draw the wrong conclusion
Sao Paulo, Brazil - March 28, 2023: Screen of the Nubank logo, illustrative editorial image - Stock Editorial Photography
Is Nu Holdings Overvalued or Primed for More Growth?
Brazilian fintech Nu Holdings has rapidly surged to more than 100 million customers, with shares nearly doubling in the last year; can it maintain growth?
How to invest like Buffett: Grow your circle of competence
See More Headlines

BRK.B Stock Analysis - Frequently Asked Questions

Berkshire Hathaway's stock was trading at $356.66 at the beginning of the year. Since then, BRK.B stock has increased by 24.0% and is now trading at $442.29.
View the best growth stocks for 2024 here
.

Shares of BRK.B 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.

Company Calendar

Today
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Current Symbol
NYSE:BRK.B
Previous Symbol
NYSE:BRK/B
CUSIP
08467070
Employees
396,500
Year Founded
1839

Price Target and Rating

Average Stock Price Target
$457.50
High Stock Price Target
$465.00
Low Stock Price Target
$450.00
Potential Upside/Downside
+3.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$96.22 billion
Pretax Margin
22.24%

Debt

Sales & Book Value

Annual Sales
$364.48 billion
Cash Flow
$22.52 per share
Book Value
$262.01 per share

Miscellaneous

Outstanding Shares
2,155,040,000
Free Float
2,024,663,000
Market Cap
$951.36 billion
Optionable
Optionable
Beta
0.86
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This page (NYSE:BRK.B) was last updated on 11/4/2024 by MarketBeat.com Staff
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