After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Bank of America to Report First-Quarter 2024 Financial Results on April 16.
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Stocks Info
This NYSE-listed company operates within the Banks – Diversified industry segment, falling under the Financial sector. The current market capitalization of Bank Of America Corp. is $286.17B. A total of 37.69 million shares were traded on the day, compared to an average of 40.27M shares.
In the most recent transaction, BANK OF AMERICA CORP /DE/ bought 5,398 shares of BAC for 10.56 per share on Dec 27 ’23. After the transaction, the 10% Owner now owns 5,398 company shares. In a previous transaction on Dec 15 ’23, BANK OF AMERICA CORP /DE/ sold 900 shares at 9.72 per share. BAC shares that 10% Owner owns now total 0.
Among the insiders who bought shares, BANK OF AMERICA CORP /DE/ acquired of 900 shares on Dec 13 ’23 at a per-share price of $9.58. This resulted in the 10% Owner holding 900 shares of BAC after the transaction. In another insider transaction, BANK OF AMERICA CORP /DE/ bought 44,985 shares at $9.97 per share on Nov 20 ’23. Company shares held by the 10% Owner now total 44,985.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Bank Of America Corp. pays an annual dividend of $0.94, resulting in a dividend yield of 2.59%, and it has a price to earnings (P/E) ratio of 11.83. BAC’s most recent ex-dividend date was 2/29/2024 when it declared a $0.24 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 11/30/2023. The BAC stock dividend was $0.24 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, BAC has a high of $38.35 and a low of $24.96.
As of this writing, BAC has an earnings estimate of $0.71 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $0.76 per share and a lower estimate of $0.67. The company reported an EPS of $0.9 in the last quarter, which was 9.80% higher than expectations of $0.82.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. Its Book Value Per Share was $33.34, while its Total Shareholder’s Equity was $270.07B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BAC is Buy with a score of 3.71.
