FY2025 Earnings Estimate for Brunswick Issued By DA Davidson

Brunswick Co. (NYSE:BC - Free Report) - Analysts at DA Davidson reduced their FY2025 earnings estimates for shares of Brunswick in a research note issued to investors on Tuesday, April 29th. DA Davidson analyst G. Bryan now forecasts that the company will post earnings per share of $3.30 for the year, down from their previous estimate of $4.25. DA Davidson has a "Neutral" rating and a $43.00 price target 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.

A number of other equities analysts have also commented on BC. Truist Financial cut their price objective on shares of Brunswick from $85.00 to $60.00 and set a "buy" rating for the company in a research report on Monday, April 14th. B. Riley upgraded shares of Brunswick to a "hold" rating in a research report on Wednesday, February 12th. Baird R W downgraded Brunswick from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Roth Mkm reduced their target price on Brunswick from $91.00 to $85.00 and set a "buy" rating for the company in a research report on Friday, January 24th. Finally, Jefferies Financial Group decreased their target price on Brunswick from $64.00 to $45.00 and set a "hold" rating on the stock in a research note on Thursday, April 24th. Seven 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 an average rating of "Moderate Buy" and a consensus target price of $71.00.

Brunswick Price Performance

BC stock traded up $1.01 during mid-day trading on Thursday, reaching $47.34. 1,128,655 shares of the company traded hands, compared to its average volume of 775,346. The company has a fifty day moving average price of $51.55 and a 200-day moving average price of $65.27. Brunswick has a 52-week low of $41.00 and a 52-week high of $87.65. The company has a market capitalization of $3.12 billion, a P/E ratio of 24.92 and a beta of 1.42. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.65 and a quick ratio of 0.63.

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

Institutional Trading of Brunswick

Several hedge funds and other institutional investors have recently bought and sold shares of BC. Allworth Financial LP grew its holdings in shares of Brunswick by 4,972.7% in the first quarter. Allworth Financial LP now owns 558 shares of the company's stock worth $30,000 after purchasing an additional 547 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new stake in Brunswick during the 4th quarter valued at $39,000. Financial Perspectives Inc bought a new stake in Brunswick in the 4th quarter worth $42,000. Quarry LP purchased a new position in shares of Brunswick in the fourth quarter valued at about $45,000. Finally, UMB Bank n.a. raised its stake in shares of Brunswick by 695.7% during the first quarter. UMB Bank n.a. now owns 732 shares of the company's stock valued at $39,000 after acquiring an additional 640 shares during the last quarter. Institutional investors own 99.34% of the company's stock.

Insider Buying and Selling

In other news, Director Nancy E. Cooper sold 433 shares of the business's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $65.65, for a total value of $28,426.45. Following the completion of the sale, the director now owns 25,361 shares of the company's stock, valued at approximately $1,664,949.65. The trade was a 1.68 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Randall S. Altman sold 3,417 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $63.21, for a total value of $215,988.57. Following the sale, the senior vice president now owns 26,683 shares of the company's stock, valued at $1,686,632.43. This represents a 11.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,279 shares of company stock worth $264,475 in the last quarter. 0.81% of the stock is owned by insiders.

Brunswick Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.63%. This is a boost from Brunswick's previous quarterly dividend of $0.42. The ex-dividend date was Monday, February 24th. Brunswick's dividend payout ratio (DPR) is currently 142.15%.

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.