Aegis Has Bearish Outlook for SWBI FY2026 Earnings

Smith & Wesson Brands, Inc. (NASDAQ:SWBI - Free Report) - Aegis lowered their FY2026 earnings per share estimates for Smith & Wesson Brands in a research report issued on Tuesday, June 24th. Aegis analyst R. Dionisio now forecasts that the company will post earnings of $0.44 per share for the year, down from their previous estimate of $0.72. The consensus estimate for Smith & Wesson Brands' current full-year earnings is $0.47 per share.

Smith & Wesson Brands (NASDAQ:SWBI - Get Free Report) last announced its quarterly earnings results on Wednesday, June 18th. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.23 by ($0.03). Smith & Wesson Brands had a net margin of 2.60% and a return on equity of 3.71%. The firm had revenue of $140.76 million for the quarter, compared to the consensus estimate of $152.41 million. During the same period in the previous year, the company posted $0.45 earnings per share. Smith & Wesson Brands's quarterly revenue was down 11.6% on a year-over-year basis.

Separately, Lake Street Capital lowered their price target on Smith & Wesson Brands from $12.50 to $11.00 and set a "buy" rating for the company in a research report on Monday, June 23rd.

Smith & Wesson Brands Trading Up 0.5%

Shares of NASDAQ:SWBI traded up $0.04 during trading on Friday, reaching $8.70. The company's stock had a trading volume of 806,443 shares, compared to its average volume of 556,661. The stock has a market capitalization of $382.80 million, a PE ratio of 32.22 and a beta of 1.01. Smith & Wesson Brands has a 12 month low of $8.38 and a 12 month high of $16.85. The company has a current ratio of 4.16, a quick ratio of 1.31 and a debt-to-equity ratio of 0.30. The firm's 50 day simple moving average is $9.62 and its two-hundred day simple moving average is $9.92.

Smith & Wesson Brands Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 21st. Stockholders of record on Monday, July 7th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, July 7th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.98%. Smith & Wesson Brands's dividend payout ratio is 192.59%.

Institutional Investors Weigh In On Smith & Wesson Brands

Institutional investors and hedge funds have recently modified their holdings of the business. Goldman Sachs Group Inc. grew its position in Smith & Wesson Brands by 41.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 712,708 shares of the company's stock valued at $6,642,000 after acquiring an additional 208,739 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Smith & Wesson Brands during the fourth quarter valued at $2,049,000. Nuveen LLC bought a new position in shares of Smith & Wesson Brands in the first quarter worth about $1,199,000. Dimensional Fund Advisors LP grew its holdings in shares of Smith & Wesson Brands by 3.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,063,973 shares of the company's stock worth $30,960,000 after purchasing an additional 104,128 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Smith & Wesson Brands by 18.0% in the 4th quarter. Bank of New York Mellon Corp now owns 525,374 shares of the company's stock worth $5,309,000 after buying an additional 80,235 shares during the period. 59.33% of the stock is owned by institutional investors.

About Smith & Wesson Brands

Smith & Wesson Brands, Inc is a holding company, which engages in the manufacture, design, and provision of firearms. Its portfolio includes handguns, long guns, handcuffs, suppressor, and other firearm-related products. The firm's brands are Smith & Wesson, M&P, Thompson/Center Arms, and Gemtech.