Newell Brands Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Newell Brands in the last twelve months. There are currently 4 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Newell Brands stock.
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Newell Brands saw a increase in short interest in the month of July. As of July 30th, there was short interest totaling 10,890,000 shares, an increase of 16.2% from the July 15th total of 9,370,000 shares. Based on an average trading volume of 2,390,000 shares, the days-to-cover ratio is currently 4.6 days. Currently, 2.6% of the shares of the stock are sold short.
View Newell Brands' Short Interest.

Newell Brands is scheduled to release its next quarterly earnings announcement on Friday, October 29th 2021.
View our earnings forecast for Newell Brands.

Newell Brands Inc. (NASDAQ:NWL) announced its quarterly earnings results on Thursday, July, 29th. The company reported $0.56 EPS for the quarter, topping the Zacks' consensus estimate of $0.45 by $0.11. The business had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.56 billion. Newell Brands had a net margin of 6.90% and a trailing twelve-month return on equity of 24.76%. The firm's revenue was up 28.3% compared to the same quarter last year. During the same period last year, the firm earned $0.30 EPS.
View Newell Brands' earnings history.

Newell Brands' stock was trading at $13.63 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NWL stock has increased by 82.0% and is now trading at $24.81.
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Newell Brands announced a quarterly dividend on Wednesday, August 11th. Stockholders of record on Tuesday, August 31st will be paid a dividend of $0.23 per share on Wednesday, September 15th. This represents a $0.92 annualized dividend and a dividend yield of 3.71%. The ex-dividend date of this dividend is Monday, August 30th.
View Newell Brands' dividend history.

Newell Brands pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.68%. The dividend payout ratio of Newell Brands is 51.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Newell Brands will have a dividend payout ratio of 47.92% next year. This indicates that Newell Brands will be able to sustain or increase its dividend.
View Newell Brands' dividend history.

Newell Brands issued an update on its third quarter 2021 earnings guidance on Friday, August, 6th. The company provided EPS guidance of $0.460-$0.500 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.550. The company issued revenue guidance of $2.70 billion-$2.78 billion, compared to the consensus revenue estimate of $2.59 billion.

8 brokerages have issued 12 month target prices for Newell Brands' stock. Their forecasts range from $26.00 to $35.00. On average, they anticipate Newell Brands' share price to reach $29.22 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price.
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Some companies that are related to Newell Brands include Entegris (ENTG), Berry Global Group (BERY), AptarGroup (ATR), The AZEK (AZEK), Armstrong World Industries (AWI), Latham Group (SWIM), Tupperware Brands (TUP), Myers Industries (MYE), Karat Packaging (KRT), Core Molding Technologies (CMT), Armstrong Flooring (AFI), Deswell Industries (DSWL), Forward Industries (FORD), American Biltrite (ABLT) and Trailblazer Resources (TBLZ).
View all of NWL's competitors.

Newell Brands trades on the NASDAQ under the ticker symbol "NWL."

Newell Brands' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.30%), Vanguard Group Inc. (10.29%), Pzena Investment Management LLC (5.87%), JPMorgan Chase & Co. (4.54%), State Street Corp (4.48%) and Caisse DE Depot ET Placement DU Quebec (2.29%). Company insiders that own Newell Brands stock include Brett Icahn, Carl C Icahn, Christopher H Peterson, James Craigie, Kristine Kay Malkoski and Robert Andrew Schmidt.
View institutional ownership trends for Newell Brands.

NWL stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Nuveen Asset Management LLC, Franklin Resources Inc., Bank of New York Mellon Corp, Vanguard Group Inc., Primecap Management Co. CA, Morgan Stanley, and Morgan Stanley.
View insider buying and selling activity for Newell Brands or view top insider-selling stocks.

NWL stock was bought by a variety of institutional investors in the last quarter, including Royal Bank of Canada, BlackRock Inc., Albar Capital Ltd, Kylin Management LLC, State Street Corp, Amundi, Invesco Ltd., and Capital International Investors. Company insiders that have bought Newell Brands stock in the last two years include Brett Icahn, Carl C Icahn, Christopher H Peterson, James Craigie, Kristine Kay Malkoski, and Robert Andrew Schmidt.
View insider buying and selling activity for Newell Brands or or view top insider-buying stocks.

Shares of NWL 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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One share of NWL stock can currently be purchased for approximately $24.81.

Newell Brands has a market capitalization of $10.55 billion and generates $9.39 billion in revenue each year. The company earns $-770,000,000.00 in net income (profit) each year or $1.79 on an earnings per share basis.

Newell Brands employs 31,000 workers across the globe.

The official website for Newell Brands is www.newellbrands.com.

Newell Brands is headquartered at 6655 Peachtree Dunwoody Road, Atlanta GA, 30328.

Newell Brands' mailing address is 6655 Peachtree Dunwoody Road, Atlanta GA, 30328. The company can be reached via phone at (770) 418-7000 or via email at [email protected].