ACCO Brands Stock Price, News & Analysis (NYSE:ACCO)

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ACCO Brands in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ACCO shares.
View ACCO analyst ratings or view top-rated stocks.

2 brokers have issued 1-year price objectives for ACCO Brands' shares. Their ACCO share price targets range from $6.00 to $8.00. On average, they predict the company's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price.
View analysts price targets for ACCO or view top-rated stocks among Wall Street analysts.

ACCO Brands' stock was trading at $5.59 at the beginning of the year. Since then, ACCO stock has decreased by 3.0% and is now trading at $5.42.
View the best growth stocks for 2023 here.

ACCO Brands saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 1,820,000 shares, a drop of 21.6% from the October 31st total of 2,320,000 shares. Based on an average daily volume of 650,400 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.0% of the shares of the stock are sold short.
View ACCO Brands' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our ACCO earnings forecast.

ACCO Brands Co. (NYSE:ACCO) issued its quarterly earnings results on Thursday, November, 2nd. The industrial products company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.01. The industrial products company had revenue of $448 million for the quarter, compared to the consensus estimate of $476.36 million. ACCO Brands had a trailing twelve-month return on equity of 11.99% and a net margin of 3.06%.

ACCO Brands declared a quarterly dividend on Friday, October 27th. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.075 per share on Wednesday, December 6th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date of this dividend is Tuesday, November 14th.
Read our dividend analysis for ACCO.

ACCO Brands (NYSE:ACCO) pays an annual dividend of $0.30 per share and currently has a dividend yield of 5.63%. ACCO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 51.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ACCO will have a dividend payout ratio of 23.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ACCO.

ETFs with the largest weight of ACCO Brands (NYSE:ACCO) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP) and First Trust Dow Jones Select Microcap Index Fund (FDM).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

ACCO Brands updated its FY23 earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $1.03-1.07 for the period, compared to the consensus EPS estimate of $1.10. The company issued revenue guidance of $1.81-1.83 billion, compared to the consensus revenue estimate of $1.90 billion.

147 employees have rated ACCO Brands Chief Executive Officer Boris Elisman on Glassdoor.com. Boris Elisman has an approval rating of 79% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other ACCO Brands investors own include AT&T (T), Energy Transfer (ET), Bank of Hawaii (BOH), Ford Motor (F), InterDigital (IDCC), Pfizer (PFE), Advanced Micro Devices (AMD), Bank of America (BAC), Cisco Systems (CSCO) and AbbVie (ABBV).

ACCO Brands' stock is owned by a variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (5.33%), LSV Asset Management (3.62%), Charles Schwab Investment Management Inc. (2.48%), Royal Bank of Canada (2.13%), AQR Capital Management LLC (1.47%) and Bank of New York Mellon Corp (1.32%). Insiders that own company stock include Angela Y Jones, Boris Elisman, Gregory J Mccormack, Neal V Fenwick, Pamela R Schneider, Patrick Buchenroth, Ronald M Lombardi, Roxanne M Bernstein and Thomas W Tedford.
View institutional ownership trends.

Shares of ACCO 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.
Compare Top Brokerages Here.