Bank of America Corporation (BAC)

BAC (NYSE:Banking) EQUITY
$14.24
neg -0.54
-3.60%
Today's Range: 14.22 - 14.51 | BAC Avg Daily Volume: 127,094,700
Last Update: 05/03/16 - 10:36 AM EDT
Volume: 27,601,317
YTD Performance: -12.24%
Open: $14.51
Previous Close: $14.77
52 Week Range: $10.99 - $18.48
Oustanding Shares: 10,325,631,017
Market Cap: 150,341,187,608
6-Month Chart
TheStreet Ratings Grade for BAC
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 12 11 12 12
Moderate Buy 4 4 4 4
Hold 4 4 3 3
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.60 1.63 1.53 1.53
Latest Dividend: 0.05
Latest Dividend Yield: 1.37%
Dividend Ex-Date: 06/01/16
Price Earnings Ratio: 11.11
Price Earnings Comparisons:
BAC Sector Avg. S&P 500
11.11 11.30 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
11.64% -8.32% 21.16%
GROWTH 12 Mo 3 Yr CAGR
Revenue -2.20 -0.10 -0.02
Net Income 228.70 2.80 0.55
EPS 258.80 4.30 0.73
Earnings for BAC:
EBITDA 32.70B
Revenue 93.06B
Average Earnings Estimates
Qtr (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $0.38 $0.35 $1.34 $1.60
Number of Analysts 11 11 12 10
High Estimate $0.43 $0.40 $1.50 $1.69
Low Estimate $0.35 $0.32 $1.24 $1.47
Prior Year $0.45 $0.37 $1.31 $1.34
Growth Rate (Year over Year) -16.57% -4.67% 1.97% 19.85%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Far too many people are running around trying to invest like Warren. 
Warren Buffett and Charlie Munger "brought it" this weekend to the "Woodstock of Capitalists" -- the annual shareholder meeting for Berkshire Hathaway (BRK.A, BRK.B).

My Takeaways and Observations Real Money Pro($)

Stocks slid sharply in the final hour to finish at the day's lows after a real roller coaster of a day! Booyah! The U.S. dollar weakened. The price of crude oil rose by 63 cents to $45.96. Gold climbed by $17 to $1,267. Silver rose by 30 cents. Agricultural commodities: wheat +1.50, corn +7.00, soybean flat and oats -2.25. Bonds rose in price, declined in yield. The yield on the 10-year U.S. note dropped by three basis points to 1.83% and the long bond by only one basis points to yield 2.68%. Municipals were well-bid. Closed-end municipal bond funds were mixed. The high-yield market showed little price movement. Blackstone/GSO Strategic Credit Fund (BGB), up earlier in the day, closed down a dime. Banks are at the lows of the day. I double my XLF short today. JPMorgan Chase (JPM) and Citigroup (C) were down by about a half a beaner, while Bank of America (BAC) slid by 25 cents. Brokerages were lower. Morgan Stanley (MS) was down 30 cents and Goldman Sachs (GS) was off about $2.50. Life insurance, the object of my disaffection, got schmeissed with dollar-plus losses for MetLife (MET), Lincoln National (LNC) and Berkshire Hathaway (BRK.B). My long Hartford Financial Services Group (HIG) also was lower by a similar amount. Retail stocks were broadly lower, led by Bed, Bath & Beyond (BBBY), Home Depot (HD) and Lowe's (LOW). Short Nordstrom (JWN) was off 65 cents. Old media sank, led by IBM (IBM), down $3.35, and Microsoft (MSFT), down $1.30. Auto stocks held well, with a good gain for Ford (F), up 45 cents. Energy stocks fell despite a higher commodity price. Schlumberger (SLB) was down $1.15 and Exxon Mobil (XOM) off 80 cents. Biotech was only slightly lower. Allergan (AGN) was down a beaner. Ag equipment was under pressure, with Deere (DE) and Caterpillar (CAT) down about 1% each. Media was mixed, though Disney (DIS) was down $1.20 after a rich premium deal for Comcast (CMCSA) to acquire DreamWorks (DWA) was announced. (T)FANG was lower, save Facebook (FB), which was up nearly $8. NOSH saw all components lower. CRABBY components all were lower as well. Apple (AAPL) was a leader on the downside, off $3. Short/sell, don't hold.  Oaktree Capital Group (OAK) was lower after earnings (I'll review tomorrow). Some good stuff on Real Money Pro today: Jim "El Capitan" Cramer on the worst over for pharma.  RevShark is running with the bulls.  Tim Melvin on Carlyle Group (CG) and its tons of cash.  Tim "Not Judy or Phil" Collins on playing earnings-related volatility of Amazon (AMZN), LinkedIn (LNKD) and Expedia (EXPE).  Daniel "Oil Vey" Dicker on Hess (HES) over Pioneer Natural Resources (PXD). 
Update
Apr 27, 2016 | 6:55 AM EDT
BAC - Bank of America Corp Annual Shareholders Meeting - 10AM
Banks aren't following the S&P 500's small intraday rally of about seven handles from the morning lows.
As the big wheel keeps on turnin', rotate into the groups that have the easiest upcoming comparisons.

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