Fortune Brands Innovations (FBIN) Expected to Announce Earnings on Thursday

Fortune Brands Innovations (NYSE:FBIN - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $0.96 per share and revenue of $1.19 billion for the quarter.

Fortune Brands Innovations (NYSE:FBIN - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. The firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.07 billion. Fortune Brands Innovations had a return on equity of 20.96% and a net margin of 9.42%. Fortune Brands Innovations's revenue for the quarter was down 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.83 EPS. On average, analysts expect Fortune Brands Innovations to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Fortune Brands Innovations Price Performance

Shares of FBIN stock traded down $0.59 during trading hours on Friday, hitting $53.37. 1,498,189 shares of the company's stock were exchanged, compared to its average volume of 1,628,662. Fortune Brands Innovations has a fifty-two week low of $47.21 and a fifty-two week high of $90.54. The firm has a market cap of $6.42 billion, a P/E ratio of 15.65, a P/E/G ratio of 2.94 and a beta of 1.36. The company has a quick ratio of 0.72, a current ratio of 1.41 and a debt-to-equity ratio of 1.06. The firm has a 50 day moving average of $52.27 and a two-hundred day moving average of $58.96.

Fortune Brands Innovations Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 22nd will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, August 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.87%. Fortune Brands Innovations's dividend payout ratio is currently 29.33%.

Institutional Investors Weigh In On Fortune Brands Innovations

Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its stake in shares of Fortune Brands Innovations by 0.8% in the 1st quarter. Royal Bank of Canada now owns 41,713 shares of the company's stock valued at $2,539,000 after purchasing an additional 324 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Fortune Brands Innovations by 20.5% in the 1st quarter. Empowered Funds LLC now owns 10,335 shares of the company's stock valued at $629,000 after purchasing an additional 1,761 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of Fortune Brands Innovations by 83.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 852 shares of the company's stock valued at $52,000 after purchasing an additional 388 shares during the last quarter. Hedge funds and other institutional investors own 87.60% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on FBIN shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Fortune Brands Innovations in a research report on Tuesday, April 1st. They issued a "hold" rating and a $70.00 target price for the company. UBS Group reduced their target price on shares of Fortune Brands Innovations from $90.00 to $82.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Truist Financial set a $65.00 target price on shares of Fortune Brands Innovations in a research report on Wednesday, May 7th. Royal Bank Of Canada cut their price objective on shares of Fortune Brands Innovations from $70.00 to $59.00 and set a "sector perform" rating for the company in a research report on Wednesday, May 7th. Finally, Robert W. Baird cut their price objective on shares of Fortune Brands Innovations from $56.00 to $54.00 and set a "neutral" rating for the company in a research report on Wednesday, May 7th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $77.27.

About Fortune Brands Innovations

Fortune Brands Innovations, Inc provides home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally. The company operates through three segments: Water, Outdoors, and Security. The Water segment manufactures or assembles, and sells faucets, accessories, kitchen sinks, and waste disposals under the Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, Shaws, Emtek, and Schaub brands.