BB Seguridade Participações (BBSE3) Stock Overview
Through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
BBSE3 Community Fair Values
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Analyst Price Targets
Top Community Narratives
R$47.94
FV
26.2% undervalued intrinsic discount18.83%
Revenue growth p.a.
29
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BB Seguridade Participações S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$35.39 |
| 52 Week High | R$39.30 |
| 52 Week Low | R$31.53 |
| Beta | 0.13 |
| 1 Month Change | 2.52% |
| 3 Month Change | 2.55% |
| 1 Year Change | -2.45% |
| 3 Year Change | 14.79% |
| 5 Year Change | 42.01% |
| Change since IPO | 113.19% |
Recent News & Updates
Narrative Update • Jun 03
BBSE3: Fair Value Will Face Pressure From Recent Bearish Downgrade
Analysts now hold BB Seguridade Participações at an unchanged fair value of R$36.92 per share. A slightly higher discount rate and modestly adjusted assumptions for revenue growth, profit margin, and future P/E, alongside a recent downgrade in Street research, frame a more cautious tone around the stock.Analysis Article • May 07
BB Seguridade Participações S.A. (BVMF:BBSE3) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
Investors in BB Seguridade Participações S.A. ( BVMF:BBSE3 ) had a good week, as its shares rose 2.8% to close at...Narrative Update • May 03
BBSE3: Downgrades And Governance Will Shape Future Income Resilience
Analysts have trimmed their price target for BB Seguridade Participações to R$36.92. The change reflects a more cautious stance following recent downgrades and concerns already captured in assumptions for discount rate, revenue growth, profit margin and future P/E.Narrative Update • Apr 17
BBSE3: Recent Downgrades Will Still Support Income And Governance Appeal
Analysts trimmed their price target on BB Seguridade Participações from R$37.75 to about R$36.92, citing recent downgrades and more cautious assumptions around revenue growth, profit margins and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts see the revised target around R$36.92 as still reflecting a premium for BB Seguridade Participações relative to their updated assumptions on earnings quality and capital efficiency.Narrative Update • Apr 03
BBSE3: Downgrade And Governance Updates Will Still Support Fair Pricing
Analysts have trimmed their price target for BB Seguridade Participações to R$37.75, keeping the fair value estimate steady as they factor in updated views on growth, profitability and valuation assumptions following the recent downgrade highlighted in Street research. Analyst Commentary Street research around the recent downgrade highlights a mix of optimism on the core business and caution around how much of that strength is already reflected in the R$37.75 fair value estimate.Recent updates
Narrative Update • Jun 03
BBSE3: Fair Value Will Face Pressure From Recent Bearish Downgrade
Analysts now hold BB Seguridade Participações at an unchanged fair value of R$36.92 per share. A slightly higher discount rate and modestly adjusted assumptions for revenue growth, profit margin, and future P/E, alongside a recent downgrade in Street research, frame a more cautious tone around the stock.Analysis Article • May 07
BB Seguridade Participações S.A. (BVMF:BBSE3) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
Investors in BB Seguridade Participações S.A. ( BVMF:BBSE3 ) had a good week, as its shares rose 2.8% to close at...Narrative Update • May 03
BBSE3: Downgrades And Governance Will Shape Future Income Resilience
Analysts have trimmed their price target for BB Seguridade Participações to R$36.92. The change reflects a more cautious stance following recent downgrades and concerns already captured in assumptions for discount rate, revenue growth, profit margin and future P/E.Narrative Update • Apr 17
BBSE3: Recent Downgrades Will Still Support Income And Governance Appeal
Analysts trimmed their price target on BB Seguridade Participações from R$37.75 to about R$36.92, citing recent downgrades and more cautious assumptions around revenue growth, profit margins and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts see the revised target around R$36.92 as still reflecting a premium for BB Seguridade Participações relative to their updated assumptions on earnings quality and capital efficiency.Narrative Update • Apr 03
BBSE3: Downgrade And Governance Updates Will Still Support Fair Pricing
Analysts have trimmed their price target for BB Seguridade Participações to R$37.75, keeping the fair value estimate steady as they factor in updated views on growth, profitability and valuation assumptions following the recent downgrade highlighted in Street research. Analyst Commentary Street research around the recent downgrade highlights a mix of optimism on the core business and caution around how much of that strength is already reflected in the R$37.75 fair value estimate.Narrative Update • Mar 19
BBSE3: Softer Margins And Downgrade Will Still Support Fair Pricing
Analysts have trimmed their 12 month price target for BB Seguridade Participações to R$37.75, reflecting slightly softer profit margin assumptions and a modestly higher future P/E multiple following recent research updates and the latest downgrade from the Street. Analyst Commentary Recent Street commentary around BB Seguridade Participações has become more cautious following the latest downgrade from Goldman Sachs, with the trimmed R$37.75 12 month price target reflecting a more balanced view of upside versus execution risks.Narrative Update • Mar 04
BBSE3: Higher Margin Outlook Will Offset Downgrade Concerns And Support Fair Pricing
Narrative Update on BB Seguridade Participações Analysts have trimmed their price target on BB Seguridade Participações from R$38.00 to R$37.75, citing updated assumptions that pair more cautious revenue growth expectations with slightly higher projected profit margins and a modestly higher future P/E. Analyst Commentary Recent commentary around the revised R$37.75 price target gives you a mixed but useful picture of how the market is thinking about BB Seguridade Participações right now.Narrative Update • Feb 17
BBSE3: Higher Margin Outlook Will Support Undervalued Shares Despite Recent Downgrade
Analysts have adjusted their price target on BB Seguridade Participações slightly higher to about R$38.00, reflecting updated assumptions on discount rate, revenue growth, profit margins and future P/E after recent research, including a downgrade from Goldman Sachs. Analyst Commentary Recent research around BB Seguridade Participações is mixed, with the updated R$38.00 price target sitting alongside a fresh downgrade from Goldman Sachs.Analysis Article • Feb 12
BB Seguridade Participações S.A. (BVMF:BBSE3) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Investors in BB Seguridade Participações S.A. ( BVMF:BBSE3 ) had a good week, as its shares rose 4.8% to close at...Narrative Update • Feb 03
BBSE3: Governance And Audit Plans Will Support Steady Fairly Valued Outlook
Analysts have nudged their price target on BB Seguridade Participações slightly higher to R$37.92 from R$37.83, citing minor updates to fair value, discount rate assumptions, revenue growth and profit margin forecasts, along with a small adjustment to the expected future P/E. What's in the News Board meeting scheduled for November 28, 2025, to decide on maintaining KPMG Auditores Independentes as the external audit firm for the 2026 fiscal year, in coordination with Banco do Brasil (Key Developments) Approval of the 2026 Annual Internal Audit Planning (PAINT) is on the agenda for the same board meeting, highlighting planned oversight of audit activities for the upcoming fiscal year (Key Developments) Revision of BB Seguridade's Integrity Program will be reviewed and approved at the November 28, 2025, board meeting, with room for additional matters subject to the chairman's approval (Key Developments) Valuation Changes Fair Value Estimate is now R$37.92 compared with the previous R$37.83, reflecting a very small upward adjustment in the model.Narrative Update • Jan 19
BBSE3: Governance And Audit Review Will Support Steady Fairly Valued Outlook
Analysts have trimmed their price target for BB Seguridade Participações by roughly R$0.83 to R$37.83, citing slightly softer assumptions for revenue growth, profit margins and future P/E multiples in their updated models. What's in the News Board meeting scheduled for Nov 28, 2025 to decide on maintaining KPMG Auditores Independentes as the external audit firm for the 2026 fiscal year, together with Banco do Brasil (Key Developments).Narrative Update • Jan 05
BBSE3: Stable Governance And Audit Oversight Will Support Balanced Future Returns
Analysts have kept their price target for BB Seguridade Participações broadly unchanged at R$38.67, reflecting only very small tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E, rather than a shift in their core view. What's in the News A board meeting is scheduled for Nov 28, 2025, to decide on maintaining KPMG Auditores Independentes as the external audit firm for the 2026 fiscal year, jointly with Banco do Brasil (Key Developments).Narrative Update • Dec 19
BBSE3: Governance And Earnings Quality Will Support Balanced Future Returns
Analysts have raised their price target on BB Seguridade Participações slightly to R$38.67, citing a stable discount rate, revenue growth expectations, and profit margin forecasts that continue to support a premium future P/E multiple. What's in the News The Board of Directors has scheduled a meeting for November 28, 2025 to decide on maintaining KPMG as the external audit firm for the 2026 fiscal year, in conjunction with Banco do Brasil (Key Developments).Narrative Update • Dec 05
BBSE3: Earnings Quality And Dividends Will Support Balanced Future Returns
Analysts have nudged their price target for BB Seguridade Participações slightly higher to around R$38.67 per share from approximately R$35.00, citing the recent upgrade in rating and a more balanced risk reward outlook. Analyst Commentary Analysts describe the recent upgrade as a recalibration rather than an outright bullish call, noting that the new price target aligns more closely with the company’s improving fundamentals and a less asymmetric risk profile.Analysis Article • Dec 02
There's No Escaping BB Seguridade Participações S.A.'s (BVMF:BBSE3) Muted Earnings
With a price-to-earnings (or "P/E") ratio of 7.5x BB Seguridade Participações S.A. ( BVMF:BBSE3 ) may be sending...Narrative Update • Nov 21
BBSE3: Revenue Momentum And Upgraded Rating Will Support Future Gains
Narrative Update on BB Seguridade Participações Analysts have slightly trimmed their price target for BB Seguridade Participações from R$39.33 to R$38.67. They cited improved revenue growth expectations while also acknowledging a lower profit margin and a modestly reduced fair value estimate.Narrative Update • Nov 07
BBSE3: Upgraded Rating And Margin Improvements Will Drive Share Price Momentum
Narrative Update on BB Seguridade Participações Analysts have slightly lowered their price target for BB Seguridade Participações from R$39.83 to R$39.33, citing adjustments to revenue growth forecasts and updated discount rates. Profit margin projections have improved.Analysis Article • Nov 06
Analyst Estimates: Here's What Brokers Think Of BB Seguridade Participações S.A. (BVMF:BBSE3) After Its Third-Quarter Report
It's been a good week for BB Seguridade Participações S.A. ( BVMF:BBSE3 ) shareholders, because the company has just...Narrative Update • Sep 17
Underserved Markets And Banco Do Brasil Access Will Boost Value
With both the Future P/E ratio and consensus revenue growth forecasts for BB Seguridade Participações remaining essentially unchanged, analysts have made only a marginal downward revision to the consensus fair value, now set at R$39.83. What's in the News Board meeting held to approve the appointment of Mr. Delano Valentim de Andrade as a member of the Board of Directors and Chief Executive Officer.Analysis Article • Jul 27
Subdued Growth No Barrier To BB Seguridade Participações S.A.'s (BVMF:BBSE3) Price
There wouldn't be many who think BB Seguridade Participações S.A.'s ( BVMF:BBSE3 ) price-to-earnings (or "P/E") ratio...
New Narrative • Nov 18
Innovative Insurance Expansion And Digital Transformation To Enhance Profitability Amidst Market Challenges
Innovative insurance products for conservation areas and non-financed equipment could expand the customer base and boost revenue.Shareholder Returns
| BBSE3 | BR Insurance | BR Market | |
|---|---|---|---|
| 7D | 1.0% | -0.5% | -2.8% |
| 1Y | -2.5% | 2.2% | 11.1% |
Return vs Industry: BBSE3 underperformed the BR Insurance industry which returned 2.2% over the past year.
Return vs Market: BBSE3 underperformed the BR Market which returned 11.1% over the past year.
Price Volatility
| BBSE3 volatility | |
|---|---|
| BBSE3 Average Weekly Movement | 2.3% |
| Insurance Industry Average Movement | 3.9% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in BR Market | 7.9% |
| 10% least volatile stocks in BR Market | 1.9% |
Stable Share Price: BBSE3 has not had significant price volatility in the past 3 months compared to the BR market.
Volatility Over Time: BBSE3's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | n/a | Delano de Andrade | www.bbseguridaderi.com.br |
BB Seguridade Participações S.A., through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through two segments, Insurance and Brokerage. The Insurance segment offers insurance products and services, including life, property and vehicle insurance, property insurance, rural, special risks and financial, transport, hulls, and housing people, as well as supplementary pension, dental, and capitalization plans.
BB Seguridade Participações S.A. Fundamentals Summary
| BBSE3 fundamental statistics | |
|---|---|
| Market cap | R$68.70b |
| Earnings (TTM) | R$9.19b |
| Revenue (TTM) | R$10.48b |
7.5x
P/E Ratio6.6x
P/S RatioIs BBSE3 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BBSE3 income statement (TTM) | |
|---|---|
| Revenue | R$10.48b |
| Cost of Revenue | R$181.82m |
| Gross Profit | R$10.29b |
| Other Expenses | R$1.10b |
| Earnings | R$9.19b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 03, 2026
| Earnings per share (EPS) | 4.74 |
| Gross Margin | 98.26% |
| Net Profit Margin | 87.75% |
| Debt/Equity Ratio | 0% |
How did BBSE3 perform over the long term?
See historical performance and comparisonDividends
12.8%
Current Dividend Yield96%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/08 08:06 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
BB Seguridade Participações S.A. is covered by 19 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mario Lucio Pierry | BofA Global Research |
| Gustavo Schroden | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |
| Marcelo Mizrahi | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |