FY2025 Earnings Forecast for Brunswick Issued By DA Davidson

Brunswick Co. (NYSE:BC - Free Report) - Equities research analysts at DA Davidson cut their FY2025 earnings estimates for shares of Brunswick in a note issued to investors on Tuesday, April 29th. DA Davidson analyst G. Bryan now expects that the company will post earnings of $3.30 per share for the year, down from their previous forecast of $4.25. DA Davidson currently has a "Neutral" rating and a $43.00 target price on the stock. The consensus estimate for Brunswick's current full-year earnings is $4.19 per share. DA Davidson also issued estimates for Brunswick's FY2026 earnings at $4.35 EPS.

Several other equities analysts also recently commented on the stock. B. Riley upgraded shares of Brunswick to a "hold" rating in a report on Wednesday, February 12th. Baird R W cut Brunswick from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Truist Financial lowered their target price on Brunswick from $85.00 to $60.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Robert W. Baird restated a "neutral" rating and issued a $56.00 price target (down from $90.00) on shares of Brunswick in a research note on Friday, April 4th. Finally, Morgan Stanley lifted their target price on Brunswick from $64.00 to $65.00 and gave the stock an "equal weight" rating in a report on Friday, January 31st. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $71.00.

Brunswick Stock Performance

Shares of BC stock traded down $1.04 on Thursday, reaching $45.56. The stock had a trading volume of 195,129 shares, compared to its average volume of 772,218. The firm's 50-day moving average is $51.23 and its two-hundred day moving average is $64.88. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 23.98 and a beta of 1.28. The company has a quick ratio of 0.63, a current ratio of 1.65 and a debt-to-equity ratio of 1.11. Brunswick has a 12 month low of $41.00 and a 12 month high of $87.65.

Brunswick (NYSE:BC - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The company reported $0.56 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.31. Brunswick had a net margin of 2.48% and a return on equity of 15.41%. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the previous year, the firm posted $1.35 earnings per share. The firm's revenue for the quarter was down 10.5% on a year-over-year basis.

Brunswick Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.78%. This is an increase from Brunswick's previous quarterly dividend of $0.42. The ex-dividend date was Monday, February 24th. Brunswick's payout ratio is currently 142.15%.

Insider Activity at Brunswick

In other Brunswick news, SVP Randall S. Altman sold 3,417 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $63.21, for a total value of $215,988.57. Following the transaction, the senior vice president now owns 26,683 shares in the company, valued at approximately $1,686,632.43. This represents a 11.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.81% of the stock is owned by corporate insiders.

Institutional Trading of Brunswick

Hedge funds and other institutional investors have recently bought and sold shares of the business. Massachusetts Financial Services Co. MA lifted its position in Brunswick by 17.7% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,439,526 shares of the company's stock valued at $185,218,000 after acquiring an additional 516,970 shares in the last quarter. Turtle Creek Asset Management Inc. lifted its stake in shares of Brunswick by 19.7% during the 4th quarter. Turtle Creek Asset Management Inc. now owns 2,965,460 shares of the company's stock valued at $191,806,000 after buying an additional 488,412 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Brunswick by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,084,038 shares of the company's stock worth $134,796,000 after buying an additional 10,951 shares during the period. JPMorgan Chase & Co. grew its stake in Brunswick by 18.1% in the 4th quarter. JPMorgan Chase & Co. now owns 1,757,186 shares of the company's stock valued at $113,655,000 after buying an additional 269,413 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in Brunswick by 2.9% during the 4th quarter. American Century Companies Inc. now owns 1,462,558 shares of the company's stock valued at $94,599,000 after acquiring an additional 41,583 shares during the period. Institutional investors own 99.34% of the company's stock.

About Brunswick

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.