Bentley Systems - BSY Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bentley Systems in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BSY shares.
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6 brokerages have issued twelve-month target prices for Bentley Systems' shares. Their BSY share price forecasts range from $40.00 to $52.00. On average, they expect the company's stock price to reach $47.63 in the next year. This suggests a possible upside of 28.7% from the stock's current price.
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Bentley Systems' stock was trading at $48.33 at the start of the year. Since then, BSY stock has decreased by 23.4% and is now trading at $37.01.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
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Bentley Systems, Incorporated (NASDAQ:BSY) issued its earnings results on Tuesday, August, 9th. The company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.05. The firm earned $268.30 million during the quarter, compared to analysts' expectations of $269.10 million. Bentley Systems had a trailing twelve-month return on equity of 53.27% and a net margin of 9.48%. Bentley Systems's quarterly revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.20 EPS.

Bentley Systems declared a quarterly dividend on Monday, August 29th. Stockholders of record on Thursday, September 8th will be given a dividend of $0.03 per share on Wednesday, September 14th. This represents a $0.12 dividend on an annualized basis and a yield of 0.32%. The ex-dividend date of this dividend is Wednesday, September 7th.
Read our dividend analysis for BSY.

Bentley Systems (NASDAQ:BSY) pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.34%. The dividend payout ratio is 38.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BSY will have a dividend payout ratio of 17.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BSY.

(BSY) raised $194 million in an initial public offering (IPO) on Wednesday, September 23rd 2020. The company issued 10,800,000 shares at a price of $17.00-$19.00 per share. Goldman Sachs, BofA Securities and RBC Capital Markets served as the underwriters for the IPO and Baird, KeyBanc Capital Markets and Mizuho Securities were co-managers.

Bentley Systems trades on the NASDAQ under the ticker symbol "BSY."

Bentley Systems' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (4.24%), Artisan Partners Limited Partnership (0.64%), TimesSquare Capital Management LLC (0.46%), Brown Advisory Inc. (0.42%), Northern Trust Corp (0.36%) and DekaBank Deutsche Girozentrale (0.35%). Insiders that own company stock include Barry J Bentley, Barry J Bentley, Brian F Hughes, David J Hollister, David R Shaman, Gregory S Bentley, Gregory S Bentley, Keith A Bentley, Keith A Bentley, Kirk B Griswold, Raymond B Bentley and Richard P Bentley.
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Shares of BSY 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 BSY stock can currently be purchased for approximately $37.01.

Bentley Systems (NASDAQ:BSY) has a market capitalization of $10.24 billion and generates $965.05 million in revenue each year. The company earns $93.18 million in net income (profit) each year or $0.31 on an earnings per share basis.

The company employs 4,626 workers across the globe.

Bentley Systems' mailing address is 685 STOCKTON DRIVE, EXTON PA, 19341. The official website for the company is www.bentley.com. The company can be reached via phone at 610-458-5000 or via email at ir@bentley.com.