NYSE:B - Barnes Group Stock Price, News & Analysis

Barnes Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "B."

Barnes Group declared a quarterly dividend on Thursday, July 18th. Stockholders of record on Monday, August 26th will be given a dividend of $0.16 per share on Tuesday, September 10th. This represents a $0.64 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Friday, August 23rd. View Barnes Group's Dividend History.

Barnes Group Inc. (NYSE:B) announced its quarterly earnings results on Friday, July, 26th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.78 by $0.03. The industrial products company earned $371.70 million during the quarter, compared to analyst estimates of $387.29 million. Barnes Group had a net margin of 9.95% and a return on equity of 13.20%. Barnes Group's quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.90 earnings per share. View Barnes Group's Earnings History.

Barnes Group is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Barnes Group.

Barnes Group updated its FY19 earnings guidance on Friday, July, 26th. The company provided EPS guidance of $3.18-3.28 for the period, compared to the Thomson Reuters consensus estimate of $3.23. The company issued revenue guidance of +3-4% yr/yr to ~$1.54-1.56 billion, compared to the consensus revenue estimate of $1.56 billion.

6 Wall Street analysts have issued 12 month target prices for Barnes Group's stock. Their predictions range from $48.00 to $82.00. On average, they anticipate Barnes Group's share price to reach $61.80 in the next twelve months. This suggests a possible upside of 35.9% from the stock's current price. View Analyst Price Targets for Barnes Group.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barnes Group in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Barnes Group.

News headlines about B stock have been trending negative on Sunday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Barnes Group earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Barnes Group.

Barnes Group saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 725,200 shares, an increase of 6.0% from the June 15th total of 684,300 shares. Based on an average trading volume of 218,500 shares, the days-to-cover ratio is presently 3.3 days. Currently, 1.5% of the company's shares are sold short. View Barnes Group's Current Options Chain.

Some companies that are related to Barnes Group include Crane (CR), Watts Water Technologies (WTS), Mueller Water Products (MWA), Sun Hydraulics (SNHY), Helios Technologies (HLIO), CIRCOR International (CIR), Hebron Technology (HEBT), ZK International Group (ZKIN), NF Energy Saving (NFEC), NF Energy Saving (BIMI), Highway (HIHO), ARC Group WorldWide (ARCW) and Shengkai Innovations (VALV).

Based on aggregate information from My MarketBeat watchlists, some companies that other Barnes Group investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), ALJ Regional (ALJJ), Apollo Commercial Real Est. Finance (ARI) and Gran Tierra Energy (GTE).

Barnes Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.92%), Vanguard Group Inc. (9.82%), Bank of America Corp DE (9.34%), Wasatch Advisors Inc. (5.49%), Price T Rowe Associates Inc. MD (1.88%) and Northern Trust Corp (1.82%). Company insiders that own Barnes Group stock include Christopher J Stephens, Dawn N Edwards, Gary G Benanav, Hassell H Mcclellan, Marian Acker, Mylle H Mangum, Richard J Hipple and Thomas O Barnes. View Institutional Ownership Trends for Barnes Group.

B stock was sold by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Man Group plc, Barrow Hanley Mewhinney & Strauss LLC, Eagle Boston Investment Management Inc., Citadel Advisors LLC, SG Americas Securities LLC, Russell Investments Group Ltd. and King Luther Capital Management Corp. Company insiders that have sold Barnes Group company stock in the last year include Christopher J Stephens, Dawn N Edwards, Gary G Benanav, Hassell H Mcclellan, Mylle H Mangum and Thomas O Barnes. View Insider Buying and Selling for Barnes Group.

B stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., D. E. Shaw & Co. Inc., BlackRock Inc., Morgan Stanley, Renaissance Technologies LLC, Public Employees Retirement Association of Colorado and First Trust Advisors LP. Company insiders that have bought Barnes Group stock in the last two years include Gary G Benanav and Richard J Hipple. View Insider Buying and Selling for Barnes Group.

Shares of B can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of B stock can currently be purchased for approximately $45.49.

Barnes Group has a market capitalization of $2.30 billion and generates $1.50 billion in revenue each year. The industrial products company earns $166.19 million in net income (profit) each year or $3.22 on an earnings per share basis. Barnes Group employs 5,908 workers across the globe.View Additional Information About Barnes Group.

The official website for Barnes Group is http://www.barnesgroupinc.com/.

Barnes Group's mailing address is 123 MAIN STREET, BRISTOL CT, 06010. The industrial products company can be reached via phone at 860-583-7070 or via email at [email protected]