Smith & Wesson Brands (NASDAQ:SWBI) Reaches New 52-Week High on Strong Earnings

Key Points

• Smith & Wesson Brands hit a new 52-week high after reporting stronger-than-expected quarterly results, with shares trading as high as $17.56.
• The company posted EPS of $0.36 versus $0.23 expected and revenue of $178.4 million versus $155.3 million expected, helped by stronger handgun sales and year-over-year revenue growth of 26.7%.
• Smith & Wesson also declared a quarterly dividend of $0.13 per share, while Lake Street Capital raised its price target to $16.50 and reiterated a buy rating.

Smith & Wesson Brands, Inc. (NASDAQ:SWBI - Get Free Report) shares hit a new 52-week high during trading on Thursday following a stronger than expected earnings report. The stock traded as high as $17.56 and last traded at $16.7840, with a volume of 991731 shares changing hands. The stock had previously closed at $13.73.

The company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.23 by $0.13. Smith & Wesson Brands had a net margin of 2.24% and a return on equity of 3.07%. The business had revenue of $178.39 million for the quarter, compared to analyst estimates of $155.27 million. During the same quarter last year, the business earned $0.20 earnings per share. The business's revenue for the quarter was up 26.7% on a year-over-year basis.

Smith & Wesson Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $0.52 annualized dividend and a yield of 3.2%. Smith & Wesson Brands's dividend payout ratio (DPR) is currently 226.09%.

More Smith & Wesson Brands News

Here are the key news stories impacting Smith & Wesson Brands this week:

• Positive Sentiment: Lake Street Capital raised its price target on Smith & Wesson Brands to $16.50 from $14.00 and reiterated a buy rating, implying additional upside from the current share price. Benzinga article
• Positive Sentiment: Smith & Wesson reported fiscal Q4 EPS of $0.36 versus $0.23 expected, and revenue of $178.4 million versus $155.3 million expected, driven by stronger handgun sales and improving profitability. Earnings report
• Positive Sentiment: The company declared a quarterly dividend of $0.13 per share, signaling ongoing cash generation and returning capital to shareholders. Seeking Alpha article
• Positive Sentiment: Management said it expects fiscal 2027 revenue to grow in the mid-single digits and plans about $20 million in incremental Springfield capex, which suggests confidence in future demand and capacity expansion. MSN article
• Neutral Sentiment: Investors also have the Q4 2026 earnings call transcript and press release to review for more detail on margins, demand trends, and management’s outlook. Newsfile release
• Negative Sentiment: A prior downgrade note had argued the stock’s recent run-up left less near-term upside and pointed to longer-term industry softness, including declining background checks and weaker long-gun demand. Seeking Alpha article

Wall Street Analysts Forecast Growth

SWBI has been the subject of a number of research analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of Smith & Wesson Brands in a report on Friday, March 27th. Wall Street Zen upgraded shares of Smith & Wesson Brands from a "hold" rating to a "strong-buy" rating in a report on Sunday, March 8th. Finally, Lake Street Capital increased their target price on shares of Smith & Wesson Brands from $14.00 to $16.50 and gave the company a "buy" rating in a research note on Thursday. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Smith & Wesson Brands has an average rating of "Hold" and a consensus price target of $16.50.

Institutional Investors Weigh In On Smith & Wesson Brands

Several hedge funds have recently modified their holdings of the stock. Keynote Financial Services LLC acquired a new stake in Smith & Wesson Brands during the 4th quarter worth about $581,000. Oppenheimer & Co. Inc. purchased a new stake in Smith & Wesson Brands during the third quarter valued at about $602,000. Fidelis Capital Partners LLC boosted its holdings in shares of Smith & Wesson Brands by 257.9% in the fourth quarter. Fidelis Capital Partners LLC now owns 46,390 shares of the company's stock worth $458,000 after buying an additional 33,428 shares during the period. Independent Advisor Alliance increased its position in shares of Smith & Wesson Brands by 19.8% in the fourth quarter. Independent Advisor Alliance now owns 35,855 shares of the company's stock worth $354,000 after acquiring an additional 5,920 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of Smith & Wesson Brands in the fourth quarter worth approximately $133,000. 59.33% of the stock is owned by hedge funds and other institutional investors.

Smith & Wesson Brands Price Performance

The stock's fifty day moving average price is $14.91 and its 200-day moving average price is $12.82. The company has a debt-to-equity ratio of 0.29, a current ratio of 4.50 and a quick ratio of 1.48. The firm has a market cap of $731.86 million, a price-to-earnings ratio of 71.22 and a beta of 0.90.

About Smith & Wesson Brands

Smith & Wesson Brands, Inc is a leading American manufacturer of firearms and related products, designing, producing and marketing a broad array of handguns, long guns and shooting accessories. The company’s portfolio includes revolvers, semi-automatic pistols and rifles under well-known brands such as M&P® (Military & Police) and Performance Center®, which are used by military, law enforcement, commercial and private customers. In addition to complete firearms, Smith & Wesson offers suppressors, optics mounts, holsters and other shooting accessories to support a full spectrum of professional and recreational shooting activities.

Founded in 1852 by Horace Smith and Daniel B.

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