Newell Brands (NWL) Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newell Brands in the last year. There are currently 1 sell rating, 5 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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.
View NWL analyst ratings or view top-rated stocks.

9 equities research analysts have issued 1 year price objectives for Newell Brands' stock. Their NWL share price forecasts range from $9.00 to $20.00. On average, they expect the company's share price to reach $14.40 in the next year. This suggests a possible upside of 79.3% from the stock's current price.
View analysts price targets for NWL or view top-rated stocks among Wall Street analysts.

Newell Brands' stock was trading at $13.08 at the beginning of the year. Since then, NWL stock has decreased by 38.6% and is now trading at $8.03.
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The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
View our NWL earnings forecast.

Newell Brands Inc. (NASDAQ:NWL) issued its earnings results on Friday, July, 28th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.11. The firm earned $2.20 billion during the quarter, compared to analyst estimates of $2.15 billion. Newell Brands had a positive trailing twelve-month return on equity of 10.33% and a negative net margin of 3.53%.
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Newell Brands announced a quarterly dividend on Tuesday, August 8th. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.07 per share on Friday, September 15th. This represents a $0.28 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend is Wednesday, August 30th.
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 (NASDAQ:NWL) pays an annual dividend of $0.28 per share and currently has a dividend yield of 3.10%.
Read our dividend analysis for NWL.

Newell Brands updated its third quarter 2023 earnings guidance on Friday, July, 28th. The company provided EPS guidance of $0.20-$0.24 for the period, compared to the consensus EPS estimate of $0.45. The company issued revenue guidance of $2.11 billion-$2.16 billion, compared to the consensus revenue estimate of $2.21 billion.

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

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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One share of NWL stock can currently be purchased for approximately $8.03.

Newell Brands (NASDAQ:NWL) has a market capitalization of $3.33 billion and generates $9.46 billion in revenue each year. The company earns $197 million in net income (profit) each year or ($0.74) on an earnings per share basis.

The company employs 28,000 workers across the globe.

Newell Brands' mailing address is 6655 Peachtree Dunwoody Road, Atlanta GA, 30328. The official website for the company is www.newellbrands.com. The company can be reached via phone at (770) 418-7000 or via email at nancy.odonnell@newellco.com.