Ambev (ABEV) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambev in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ABEV shares.
View ABEV analyst ratings or view top-rated stocks.

Ambev's stock was trading at $2.72 at the beginning of 2023. Since then, ABEV stock has increased by 6.6% and is now trading at $2.90.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our ABEV earnings forecast.

Ambev S.A. (NYSE:ABEV) issued its quarterly earnings results on Thursday, March, 2nd. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.04 by $0.02. The business had revenue of $4.31 billion for the quarter, compared to analyst estimates of $4.81 billion. Ambev had a trailing twelve-month return on equity of 17.44% and a net margin of 18.00%.

Ambev declared an annual dividend on Monday, December 12th. Shareholders of record on Wednesday, December 21st will be paid a dividend of $0.1457 per share on Monday, January 9th. This represents a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, December 20th.
Read our dividend analysis for ABEV.

ETFs with the largest weight of Ambev (NYSE:ABEV) stock in their portfolio include iShares Latin America 40 ETF (ILF), B.A.D. Etf (BAD), Pacer Emerging Markets Cash Cows 100 ETF (ECOW), Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM), R3 Global Dividend Growth ETF (GDVD), Invesco Zacks Multi-Asset Income ETF (CVY), First Trust BICK Index Fund (BICK) and iShares Global Consumer Staples ETF (KXI).

Ambev (NYSE:ABEV) pays an annual dividend of $0.12 per share and currently has a dividend yield of 4.17%. ABEV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABEV will have a dividend payout ratio of 60.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABEV.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ambev investors own include General Electric (GE), Vale (VALE), Anheuser-Busch InBev SA/NV (BUD), Ford Motor (F), NVIDIA (NVDA), AT&T (T), Intel (INTC), Advanced Micro Devices (AMD), Micron Technology (MU) and Exxon Mobil (XOM).

Ambev trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABEV."

Ambev's stock is owned by a number of institutional and retail investors. Top institutional investors include Harding Loevner LP (0.77%), Sprucegrove Investment Management Ltd. (0.55%), Ruffer LLP (0.39%), BlackRock Inc. (0.34%), Ninety One UK Ltd (0.25%) and Perpetual Ltd (0.17%).

Shares of ABEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ABEV stock can currently be purchased for approximately $2.90.

Ambev (NYSE:ABEV) has a market capitalization of $45.64 billion and generates $15.44 billion in revenue each year. The company earns $2.80 billion in net income (profit) each year or $0.18 on an earnings per share basis.

The company employs 47,108 workers across the globe.

Ambev's mailing address is RUA DR. RENATO PAES DE BARROS 1017 3 ANDAR PARTE, SAO PAULO D5, 04530-001. The official website for the company is www.ambev.com.br. The company can be reached via phone at 551121221200, via email at ir@ambev.com, or via fax at 55-11-2122-1526.