Newell Brands Stock Price, News & Analysis (NASDAQ:NWL)

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Newell Brands in the last year. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NWL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NWL, but not buy additional shares or sell existing shares.
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10 equities research analysts have issued 1 year target prices for Newell Brands' stock. Their NWL share price targets range from $6.00 to $16.00. On average, they predict the company's stock price to reach $9.85 in the next year. This suggests a possible upside of 19.5% from the stock's current price.
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Newell Brands' stock was trading at $13.08 on January 1st, 2023. Since then, NWL shares have decreased by 37.0% and is now trading at $8.24.
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The company is scheduled to release its next quarterly earnings announcement on Friday, February 9th 2024.
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Newell Brands Inc. (NASDAQ:NWL) announced its quarterly earnings results on Friday, October, 27th. The company reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.16. The firm had revenue of $2 billion for the quarter, compared to analysts' expectations of $2.12 billion. Newell Brands had a negative net margin of 6.61% and a positive trailing twelve-month return on equity of 9.12%. The company's revenue for the quarter was down 11.2% on a year-over-year basis. During the same quarter last year, the business earned $0.53 EPS.
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Newell Brands announced a quarterly dividend on Monday, November 6th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.07 per share on Friday, December 15th. This represents a $0.28 annualized dividend and a yield of 3.40%. The ex-dividend date is Wednesday, November 29th.
Read our dividend analysis for NWL.

Newell Brands (NASDAQ:NWL) pays an annual dividend of $0.28 per share and currently has a dividend yield of 3.45%.
Read our dividend analysis for NWL.

ETFs with the largest weight of Newell Brands (NASDAQ:NWL) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), ALPS Sector Dividend Dogs ETF (SDOG), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), Arrow Reverse Cap 500 ETF (YPS), Invesco S&P 500 Pure Value ETF (RPV), AI Powered Equity ETF (AIEQ) and Invesco Raymond James SB-1 Equity ETF (RYJ).

Newell Brands issued an update on its fourth quarter earnings guidance on Friday, October, 27th. The company provided earnings per share guidance of $0.15-$0.20 for the period, compared to the consensus earnings per share estimate of $0.43. The company issued revenue guidance of $1.96-$2.03 billion, compared to the consensus revenue estimate of $2.16 billion.

Newell Brands' stock is owned by a number of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (13.23%), JPMorgan Chase & Co. (3.95%), Massachusetts Financial Services Co. MA (3.16%), Morgan Stanley (1.53%), Primecap Management Co. CA (1.52%) and FMR LLC (1.31%). Insiders that own company stock include Bradford R Turner, Brett Icahn, Carl C Icahn, Christopher H Peterson, Courtney Mather, Kristine Kay Malkoski and Mark J Erceg.
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Shares of NWL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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