Bunge Limited (BG)

NYSE: BG · IEX Real-Time Price · USD
114.31
+1.36 (1.20%)
Jul 26, 2024, 4:00 PM EDT - Market closed
1.20%
Market Cap 16.19B
Revenue (ttm) 57.63B
Net Income (ttm) 1.86B
Shares Out 141.60M
EPS (ttm) 12.40
PE Ratio 9.22
Forward PE 11.59
Dividend $2.72 (2.38%)
Ex-Dividend Date Feb 18, 2025
Volume 741,561
Open 113.00
Previous Close 112.95
Day's Range 112.46 - 114.92
52-Week Range 86.10 - 116.59
Beta 0.66
Analysts Strong Buy
Price Target 121.00 (+5.85%)
Earnings Date Jul 31, 2024

About BG

Bunge Global SA operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains comprising wheat and corn; and processes oilseeds into vegetable oils and protein meals. This segment offers its products for animal feed manufac... [Read more]

Industry Farm Products
Founded 1818
Employees 22,000
Stock Exchange NYSE
Ticker Symbol BG
Full Company Profile

Financial Performance

In 2023, Bunge's revenue was $59.54 billion, a decrease of -11.44% compared to the previous year's $67.23 billion. Earnings were $2.24 billion, an increase of 39.32%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for BG stock is "Strong Buy." The 12-month stock price forecast is $121.0, which is an increase of 5.85% from the latest price.

Price Target
$121.0
(5.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Soy Chemicals Global Strategic Business Report 2024-2030 Featuring ADM, Bunge, Cargill, E. I. du Pont De Nemours and Co, Elevance Renewable Sciences, Griffin Industries, Vertec Biosolvents

Dublin, July 26, 2024 (GLOBE NEWSWIRE) -- The "Soy Chemicals - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Soy Chemicals is esti...

13 hours ago - GlobeNewsWire

EU leaning towards clearing Bunge, Viterra deal with conditions, source says

EU antitrust regulators are leaning towards clearing U.S. grains merchant Bunge and Glencore-backed Viterra's $34 merger billion deal, a person with direct knowledge of the matter said on Wednesday.

2 days ago - Reuters

Exclusive: Bunge, Viterra offer to sell assets in 2 EU countries, sources say

U.S. grains merchant Bunge and Glencore-backed Viterra have offered to sell assets in two European Union countries in a bid to secure EU antitrust clearance for their $34 billion merger, people with d...

14 days ago - Reuters

Bunge, Viterra offer concessions as they seek EU okay for $34 bln deal

U.S. grains merchant Bunge and Glencore-backed Viterra have offered concessions in an attempt to win EU antitrust approval for their $34 billion merger, an update on the European Commission website sh...

14 days ago - Reuters

Bunge Schedules Second Quarter 2024 Earnings Release and Conference Call

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) will announce its results for the quarter ended June 30, 2024, on Wednesday, July 31, 2024, prior to the market opening. The Company's management...

25 days ago - Business Wire

BP to buy out Bunge's stake in Brazilian biofuels JV in $1.4 bln deal

BP has agreed to buy grain trader Bunge's 50% stake in Brazilian sugar and ethanol joint venture BP Bunge Bioenergia for $1.4 billion in a bet on growing demand for low-carbon biofuels.

Other symbols: BP
5 weeks ago - Reuters

Bunge Announces Sale of its Ownership Share in its Sugar and Bioenergy Joint Venture in Brazil

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE:BG) has entered into definitive agreements to sell its 50% share in BP Bunge Bioenergia to bp, its joint venture partner. BP Bunge Bioenergia, a joint...

5 weeks ago - Business Wire

EU regulators to decide on Bunge and Viterra's $34 bln deal by July 18

U.S. grains merchant Bunge and Glencore-backed Viterra's plan to create a $34 billion agricultural trading giant will be decided by EU antitrust regulators by July 18, a European Commission filing sho...

5 weeks ago - Reuters

Bunge and CP Foods Pioneer Greater Transparency in Shipments of Deforestation-Free Soybeans Using Blockchain Technology

SAO PAULO--(BUSINESS WIRE)--Bunge (NYSE: BG), a leading agribusiness and food company, and Bangkok Produce Merchandising Public Company Limited (BKP), a subsidiary of Charoen Pokphand Foods Public Com...

6 weeks ago - Business Wire

Bunge Announces Approval of Quarterly Dividends by Shareholders at 2024 Annual General Meeting

ST. LOUIS--(BUSINESS WIRE)--Shareholders of Bunge Global SA (NYSE: BG) approved a cash dividend in the amount of $2.72 per share, payable in four equal installments of $0.68, at the company's 2024 Ann...

2 months ago - Business Wire

Bunge Reports First Quarter 2024 Results

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) today reported first quarter 2024 results. Q1 GAAP diluted EPS of $1.68 vs. $4.15 in the prior year; $3.04 vs. $3.26 on an adjusted basis excludi...

3 months ago - Business Wire

Bunge and Viterra Statement on Canadian Competition Bureau Report

ST. LOUIS & ROTTERDAM, Netherlands--(BUSINESS WIRE)--Bunge and Viterra are pleased that the Canadian Competition Bureau has concluded its review of Bunge's proposed acquisition of Viterra and issued i...

3 months ago - Business Wire

Bunge Names Leadership Team for Proposed Future Combined Organization Upon Close of Viterra Transaction

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) today announced the executive leadership team for the combined Bunge and Viterra business following the close of the proposed transaction. As pre...

3 months ago - Business Wire

Bunge Schedules First Quarter 2024 Earnings Release and Conference Call

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) will announce its results for the quarter ended March 31, 2024, on Wednesday, April 24, 2024, prior to the market opening. The Company's manageme...

4 months ago - Business Wire

These stocks' price targets have been cut the most by Wall Street analysts in 2024

In an orderly world, companies would increase revenue and profits steadily to support a continual lifting of earnings estimates and price targets for stocks. But life is never simple.

4 months ago - Market Watch

Bunge Chevron Ag Renewables to Build New Oilseed Processing Plant in Destrehan, Louisiana

ST. LOUIS & SAN RAMON, Calif.--(BUSINESS WIRE)--Bunge (NYSE:BG) and Chevron (NYSE: CVX) today announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC ...

Other symbols: CVX
5 months ago - Business Wire

Bunge Reports Fourth Quarter and Full-Year 2023 Results

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) today reported fourth quarter and full-year 2023 results. Full-year GAAP diluted EPS of $14.87 vs. $10.51 in the prior year; $13.66 vs. $13.91 on...

6 months ago - Business Wire

Bunge Schedules Fourth Quarter 2023 Earnings Release and Conference Call

ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) will announce its results for the quarter ended December 31, 2023, on Wednesday, February 7, 2024, prior to the market opening. The Company's man...

7 months ago - Business Wire

Bunge and Musim Mas Collaborate to Make Palm Value Chain more Sustainable

Based on commitments to the Agriculture Sector Roadmap, companies launch program to support smallholder farmers on the path to more sustainable agriculture. SINGAPORE, Nov. 15, 2023 /PRNewswire/ -- Bu...

9 months ago - PRNewsWire

Bunge CEO says renewable diesel is gateway to sustainable aviation fuel

Bunge CEO Greg Heckman said on Thursday renewable diesel is the gateway to getting sustainable aviation fuel and partnerships are key to scaling up production of both.

9 months ago - Reuters

Bunge Completes Move of Place of Incorporation to Switzerland, Declares Dividend

ST. LOUIS--(BUSINESS WIRE)--Bunge (NYSE: BG) said today that it has completed the previously announced move of the place of incorporation of its group holding company to Switzerland from Bermuda. With...

9 months ago - Business Wire

Bunge Reports Third Quarter 2023 Results

ST. LOUIS--(BUSINESS WIRE)--Bunge Limited (NYSE: BG) today reported third quarter 2023 results Q3 GAAP diluted EPS of $2.47 vs. $2.49 in the prior year; $2.99 vs. $3.45 on an adjusted basis excluding ...

9 months ago - Business Wire

Bunge's Global Volunteering Program Grows, Makes a Lasting Impact

ST. LOUIS--(BUSINESS WIRE)--For the second consecutive year, Bunge Limited (NYSE:BG) teams around the world are coming together to support community organizations and non-profits focused on fighting h...

10 months ago - Business Wire

Bunge Shareholders Approve Viterra Combination

ST. LOUIS--(BUSINESS WIRE)--Bunge Limited (NYSE: BG) (“Bunge”) today announced the results of its extraordinary general meeting (“EGM”) of its shareholders, which was held today. Shareholders approved...

10 months ago - Business Wire

Bunge Limited Schedules Third Quarter 2023 Earnings Release and Conference Call

ST. LOUIS--(BUSINESS WIRE)--Bunge Limited (NYSE: BG) will announce its results for the quarter ended September 30, 2023, on Thursday, October 26, 2023, prior to the market opening. The Company's manag...

10 months ago - Business Wire