Newell Brands (NWL) Stock Price, News & Analysis

$7.04
-0.09 (-1.26%)
(As of 04/24/2024 ET)
Today's Range
$6.94
$7.16
50-Day Range
$6.88
$8.18
52-Week Range
$6.49
$12.31
Volume
3.63 million shs
Average Volume
5.00 million shs
Market Capitalization
$2.92 billion
P/E Ratio
N/A
Dividend Yield
3.98%
Price Target
$9.13

Newell Brands MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
29.6% Upside
$9.13 Price Target
Short Interest
Bearish
5.55% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.33
Upright™ Environmental Score
News Sentiment
0.42mentions of Newell Brands in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
37.50%
From $0.56 to $0.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.55 out of 5 stars

Consumer Staples Sector

22nd out of 129 stocks

Plastics Products, Not Elsewhere Classified Industry

3rd out of 10 stocks

NWL stock logo

About Newell Brands Stock (NASDAQ:NWL)

Newell Brands Inc. engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr. Coffee, Oster, and Sunbeam brands; small appliances under the Breville brand name in Europe; food and home storage products under the FoodSaver, Rubbermaid, Ball, and Sistema brands; fresh preserving products; vacuum sealing products; and gourmet cookware, bakeware, and cutlery under the Calphalon brand; and home fragrance products under the WoodWick and Yankee Candle brands. The Learning and Development segment offers writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based products; labeling solutions; and baby gear and infant care products under the Dymo, Elmer's, EXPO, Graco, NUK, Paper Mate, Parker, and Sharpie brands. The Outdoor and Recreation segment provides outdoor and outdoor-related products, inlcuding technical apparel and on-the-go beverageware under the Campingaz, Coleman, Contigo, and Marmot brands. It serves warehouse clubs, department and drug/grocery stores, mass merchants, home centers, commercial products distributors, specialty retailers, office superstores and supply stores, contract stationers, e-commerce retailers, and sporting goods, as well as direct to consumers online, select contract customers, and other professional customers. Newell Brands Inc. was founded in 1903 and is based in Atlanta, Georgia.

NWL Stock Price History

NWL Stock News Headlines

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It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
Wells Fargo Keeps Their Hold Rating on Newell Brands (NWL)
Will this $2 AI stock double overnight?
It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!
The 3 Best Under $10 Stocks to Buy in April 2024
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NWL Sep 2024 9.000 put
NWL Jun 2024 5.000 put
NWL Apr 2024 6.000 put
NWL Apr 2024 10.000 put
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NWL Mar 2024 17.000 call
Newell Brands: FY24 Could Be The Turning Point
See More Headlines
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Company Calendar

Last Earnings
2/09/2024
Ex-Dividend for 3/15 Dividend
2/28/2024
Dividend Payable
3/15/2024
Today
4/24/2024
Next Earnings (Confirmed)
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Plastics products, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:NWL
Fax
N/A
Employees
24,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.13
High Stock Price Target
$16.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+29.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
9 Analysts

Profitability

Net Income
$-388,000,000.00
Pretax Margin
-6.68%

Debt

Sales & Book Value

Annual Sales
$8.13 billion
Cash Flow
$2.46 per share
Book Value
$7.51 per share

Miscellaneous

Free Float
412,629,000
Market Cap
$2.92 billion
Optionable
Optionable
Beta
0.95
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NWL Stock Analysis - Frequently Asked Questions

Should I buy or sell Newell Brands stock right now?

9 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 1 buy rating 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.
View NWL analyst ratings
or view top-rated stocks.

What is Newell Brands' stock price target for 2024?

9 equities research analysts have issued 1-year price objectives for Newell Brands' stock. Their NWL share price targets range from $6.00 to $16.00. On average, they expect the company's stock price to reach $9.13 in the next year. This suggests a possible upside of 29.6% from the stock's current price.
View analysts price targets for NWL
or view top-rated stocks among Wall Street analysts.

How have NWL shares performed in 2024?

Newell Brands' stock was trading at $8.68 at the beginning of the year. Since then, NWL shares have decreased by 18.9% and is now trading at $7.04.
View the best growth stocks for 2024 here
.

Are investors shorting Newell Brands?

Newell Brands saw a increase in short interest in March. As of March 31st, there was short interest totaling 22,910,000 shares, an increase of 39.8% from the March 15th total of 16,390,000 shares. Based on an average daily trading volume, of 5,340,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 5.6% of the company's stock are sold short.
View Newell Brands' Short Interest
.

When is Newell Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our NWL earnings forecast
.

How can I listen to Newell Brands' earnings call?

Newell Brands will be holding an earnings conference call on Friday, April 26th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Newell Brands' earnings last quarter?

Newell Brands Inc. (NASDAQ:NWL) posted its quarterly earnings results on Friday, February, 9th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.17 by $0.05. The firm earned $2.10 billion during the quarter, compared to analysts' expectations of $1.98 billion. Newell Brands had a negative net margin of 4.77% and a positive trailing twelve-month return on equity of 10.24%. The business's quarterly revenue was down 8.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.16 earnings per share.
Read the conference call transcript
.

How often does Newell Brands pay dividends? What is the dividend yield for Newell Brands?

Newell Brands declared a quarterly dividend on Thursday, February 15th. Investors of record on Thursday, February 29th will be given a dividend of $0.07 per share on Friday, March 15th. This represents a $0.28 annualized dividend and a dividend yield of 3.98%. The ex-dividend date is Wednesday, February 28th.
Read our dividend analysis for NWL
.

Is Newell Brands a good dividend stock?

Newell Brands (NASDAQ:NWL) pays an annual dividend of $0.28 per share and currently has a dividend yield of 4.03%. NWL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for NWL.

What guidance has Newell Brands issued on next quarter's earnings?

Newell Brands issued an update on its FY 2024 earnings guidance on Friday, February, 9th. The company provided earnings per share guidance of 0.520-0.620 for the period, compared to the consensus EPS estimate of 0.770. The company issued revenue guidance of $7.5 billion-$7.7 billion, compared to the consensus revenue estimate of $7.7 billion.

Who are Newell Brands' major shareholders?

Newell Brands' stock is owned by a number of retail and institutional investors. Top institutional investors include ARGA Investment Management LP (0.17%), Bell Bank (0.16%), Raymond James & Associates (0.16%), Raymond James Financial Services Advisors Inc. (0.08%), State of Alaska Department of Revenue (0.06%) and Louisiana State Employees Retirement System (0.05%). 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.
View institutional ownership trends
.

How do I buy shares of Newell Brands?

Shares of NWL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NWL) was last updated on 4/25/2024 by MarketBeat.com Staff

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