Currently, there are 7.61B common shares owned by the public and among those 7.59B shares have been available to trade.
The company’s stock has a 5-day price change of 4.54% and -20.31% over the past three months. BAC shares are trading -18.20% year to date (YTD), with the 12-month market performance down to -1.91% lower. It has a 12-month low price of $33.06 and touched a high of $48.08 over the same period. BAC has an average intraday trading volume of 46.28 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -10.07%, -15.71%, and -15.48% respectively.
Institutional ownership of Bank Of America Corp (NYSE: BAC) shares accounts for 74.84% of the company’s 7.61B shares outstanding.
It has a market capitalization of $273.39B and a beta (3y monthly) value of 1.31. The stock’s trailing 12-month PE ratio is 11.18, while the earnings-per-share (ttm) stands at $3.21. The company has a PEG of 0.79 and the debt-to-equity ratio at 2.26. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.32% over the week and 4.02% over the month.
Earnings per share for the fiscal year are expected to increase by 13.47%, and 17.95% over the next financial year. EPS should grow at an annualized rate of 14.07% over the next five years, compared to 3.14% over the past 5-year period.
Looking at the support for the BAC, a number of firms have released research notes about the stock. Morgan Stanley stated their Overweight rating for the stock in a research note on April 07, 2025, with the firm’s price target at $47. Robert W. Baird coverage for the Bank Of America Corp (BAC) stock in a research note released on March 07, 2025 offered a Outperform rating with a price target of $50. UBS was of a view on January 07, 2025 that the stock is Buy, while HSBC Securities gave the stock Buy rating on January 07, 2025, issuing a price target of $50. Morgan Stanley on their part issued Equal-Weight rating on December 09, 2024.
