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Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS)

NYSE - NYSE Delayed price. Currency in USD
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16.24+0.13 (+0.81%)
At close: 04:00PM EST
16.50 +0.26 (+1.60%)
After hours: 06:18PM EST
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Trade prices are not sourced from all markets
Previous close16.11
Open16.29
Bid14.81 x 1200
Ask16.27 x 3000
Day's range16.17 - 16.43
52-week range8.45 - 16.68
Volume720,596
Avg. volume927,621
Market cap11.315B
Beta (5Y monthly)0.56
PE ratio (TTM)14.25
EPS (TTM)1.14
Earnings dateN/A
Forward dividend & yield0.27 (1.65%)
Ex-dividend date02 May 2023
1y target est16.99
  • Reuters

    Brazil's Sabesp taps banks to handle privatization offering

    Brazilian water and sanitation utility Sabesp has selected four investment banks to manage a follow-on share offering that would ultimately privatize the company, it said in a securities filing late on Thursday. Sabesp, which is controlled by the state of Sao Paulo, said it had picked BTG Pactual, Bank of America, Citi and UBS BB to structure the transaction, which the government expects to be completed by mid-2024. Sao Paulo, Brazil's most populous and wealthiest state, owns 50.3% of the company and would still hold onto a to-be-determined minority stake following the deal.

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