Brunswick (NYSE:BC) Issues FY 2025 Earnings Guidance

Key Points

• Brunswick has issued FY 2025 earnings guidance, projecting a 3.250 EPS and $5.2 billion in revenue, in line with the consensus estimates.
• The company will pay a quarterly dividend of $0.43 per share on December 15, yielding 2.6%, with a high payout ratio of 277.42%.
• Several analysts have raised their target prices for Brunswick, with recommendations ranging from "buy" to "hold," reflecting a positive outlook on its stock performance.

Brunswick (NYSE:BC - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 3.250-3.25 for the period, compared to the consensus EPS estimate of 3.230. The company issued revenue guidance of $5.2 billion-$5.2 billion, compared to the consensus revenue estimate of $5.2 billion.

Brunswick Stock Up 0.2%

Shares of NYSE:BC opened at $65.14 on Thursday. The company has a 50-day moving average price of $63.98 and a 200 day moving average price of $57.07. The company has a current ratio of 1.68, a quick ratio of 0.70 and a debt-to-equity ratio of 1.10. Brunswick has a 12 month low of $41.00 and a 12 month high of $87.65. The company has a market cap of $4.26 billion, a price-to-earnings ratio of 105.07 and a beta of 1.36.

Brunswick (NYSE:BC - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.27. Brunswick had a return on equity of 10.73% and a net margin of 0.82%.The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period last year, the company earned $1.80 EPS. The company's revenue for the quarter was up .2% on a year-over-year basis. As a group, equities research analysts predict that Brunswick will post 4.19 earnings per share for the current year.

Brunswick Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Wednesday, November 26th will be given a dividend of $0.43 per share. The ex-dividend date is Wednesday, November 26th. This represents a $1.72 dividend on an annualized basis and a yield of 2.6%. Brunswick's payout ratio is 277.42%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on BC shares. DA Davidson raised their target price on shares of Brunswick from $43.00 to $59.00 and gave the stock a "neutral" rating in a report on Monday, July 28th. Truist Financial increased their price objective on shares of Brunswick from $60.00 to $68.00 and gave the stock a "buy" rating in a research report on Wednesday, October 15th. JPMorgan Chase & Co. boosted their target price on Brunswick from $63.00 to $70.00 and gave the company a "neutral" rating in a research report on Tuesday, September 23rd. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Brunswick in a research note on Wednesday, October 8th. Finally, B. Riley raised their price target on Brunswick from $60.00 to $70.00 and gave the stock a "neutral" rating in a research note on Monday, September 8th. Seven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $67.62.

Hedge Funds Weigh In On Brunswick

Large investors have recently bought and sold shares of the business. Alliancebernstein L.P. boosted its position in Brunswick by 23.2% during the 2nd quarter. Alliancebernstein L.P. now owns 1,420,922 shares of the company's stock valued at $78,492,000 after acquiring an additional 267,479 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Brunswick by 812.7% during the 2nd quarter. AQR Capital Management LLC now owns 705,719 shares of the company's stock worth $38,934,000 after purchasing an additional 628,393 shares during the last quarter. Raymond James Financial Inc. boosted its position in Brunswick by 30.2% during the second quarter. Raymond James Financial Inc. now owns 588,648 shares of the company's stock valued at $32,517,000 after purchasing an additional 136,501 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Brunswick by 142.9% in the first quarter. Goldman Sachs Group Inc. now owns 346,503 shares of the company's stock valued at $18,659,000 after purchasing an additional 203,838 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in Brunswick by 35.3% in the second quarter. Bank of America Corp DE now owns 336,518 shares of the company's stock worth $18,589,000 after purchasing an additional 87,777 shares in the last quarter. Institutional investors own 99.34% of the company's stock.

Brunswick Company Profile

Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.

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