Skip to main content

Barnes Group Stock Forecast, Price & News

$51.43
+1.58 (+3.17 %)
(As of 05/13/2021 12:00 AM ET)
Add
Compare
Today's Range
$49.73
$51.75
50-Day Range
$48.77
$53.68
52-Week Range
$30.71
$57.64
Volume110,912 shs
Average Volume199,190 shs
Market Capitalization$2.61 billion
P/E Ratio30.43
Dividend Yield1.28%
Beta1.28
30 days | 90 days | 365 days | Advanced Chart
Receive B News and Ratings via Email

Sign-up to receive the latest news and ratings for Barnes Group and its competitors with MarketBeat's FREE daily newsletter.


Barnes Group logo

About Barnes Group

Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internationally. It operates in two segments: Industrial and Aerospace. The Industrial segment offers precision components, products, and systems used by various customers in end-markets, such as transportation, industrial equipment, automation, personal care, packaging, electronics, and medical devices. This segment also designs and manufactures hot runner systems, mold cavity sensors and process control systems, and precision high cavitation mold assemblies for injection molding applications; provides force and motion control solutions for various metal forming and other industrial markets; and designs and develops robotic grippers, end-of-arm tooling systems, sensors, and other automation components for intelligent robotic handling solutions and industrial automation applications. In addition, it manufactures and supplies precision mechanical products, including mechanical springs, and high-precision punched and fine-blanked components used in transportation and industrial applications, including mechanical springs, and high-precision punched and fine-blanked components. This segment sells its products primarily through its direct sales force and distribution channels. The Aerospace segment produces fabricated and precision machined components and assemblies for turbine engines; and nacelles and structures for commercial and defense-related aircraft. It also provides aircraft engine component maintenance, repair, and overhaul services for turbine engine manufacturers, commercial airlines, and defense market; and manufactures and delivers aerospace aftermarket spare parts. This segment serves original equipment manufacturing industry. The company was founded in 1857 and is based in Bristol, Connecticut.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry Miscellaneous fabricated metal products
Sub-IndustryIndustrial Machinery
CUSIP06780610
CIK9984
Phone860-583-7070
Employees4,952
Year Founded1857

Sales & Book Value

Annual Sales$1.49 billion
Cash Flow$5.05 per share
Book Value$25.05 per share

Profitability

Net Income$158.35 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$2.61 billion
Next Earnings Date7/27/2021 (Estimated)
OptionableOptionable

Social Links


MarketRank

Overall MarketRank

1.80 out of 5 stars

Industrial Products Sector

74th out of 398 stocks

Miscellaneous Fabricated Metal Products Industry

4th out of 18 stocks

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Barnes Group (NYSE:B) Frequently Asked Questions

Is Barnes Group a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Barnes Group in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Barnes Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in B, but not buy additional shares or sell existing shares.
View analyst ratings for Barnes Group
or view top-rated stocks.

What stocks does MarketBeat like better than Barnes Group?

Wall Street analysts have given Barnes Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Barnes Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Barnes Group's next earnings date?

Barnes Group is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Barnes Group
.

How were Barnes Group's earnings last quarter?

Barnes Group Inc. (NYSE:B) released its earnings results on Thursday, April, 29th. The industrial products company reported $0.38 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.07. The industrial products company earned $301.60 million during the quarter, compared to the consensus estimate of $275.70 million. Barnes Group had a net margin of 7.19% and a trailing twelve-month return on equity of 8.63%. The business's revenue for the quarter was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 earnings per share.
View Barnes Group's earnings history
.

How has Barnes Group's stock price been impacted by Coronavirus (COVID-19)?

Barnes Group's stock was trading at $44.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, B shares have increased by 14.9% and is now trading at $51.43.
View which stocks have been most impacted by COVID-19
.

How often does Barnes Group pay dividends? What is the dividend yield for Barnes Group?

Barnes Group announced a quarterly dividend on Monday, May 10th. Shareholders of record on Thursday, May 27th will be paid a dividend of $0.16 per share on Thursday, June 10th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Wednesday, May 26th.
View Barnes Group's dividend history
.

Is Barnes Group a good dividend stock?

Barnes Group pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.28%. Barnes Group does not yet have a strock track record of dividend growth. The dividend payout ratio of Barnes Group is 19.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Barnes Group will have a dividend payout ratio of 33.33% next year. This indicates that Barnes Group will be able to sustain or increase its dividend.
View Barnes Group's dividend history.

What guidance has Barnes Group issued on next quarter's earnings?

Barnes Group updated its FY 2021 earnings guidance on Friday, May, 7th. The company provided earnings per share guidance of 1.780-1.980 for the period, compared to the Thomson Reuters consensus estimate of $1.790. The company issued revenue guidance of -.

What price target have analysts set for B?

10 equities research analysts have issued 1-year price targets for Barnes Group's shares. Their forecasts range from $10.00 to $64.00. On average, they expect Barnes Group's share price to reach $42.20 in the next year. This suggests that the stock has a possible downside of 17.9%.
View analysts' price targets for Barnes Group
or view top-rated stocks among Wall Street analysts.

Who are Barnes Group's key executives?

Barnes Group's management team includes the following people:
  • Mr. Patrick J. Dempsey, Pres, CEO & Director (Age 57, Pay $1M) (LinkedIn Profile)
  • Dr. Patrick T. Hurley Ph.D., Sr. VP & CTO (Age 48, Pay $409.67k) (LinkedIn Profile)
  • Mr. Michael Andrew Beck, Sr. VP & Pres of Barnes Aerospace (Age 61, Pay $491.92k) (LinkedIn Profile)
  • Mr. Stephen Geoffrey Moule, Sr. VP & Pres of Barnes Industrial (Age 48, Pay $520.91k) (LinkedIn Profile)
  • Ms. Marian Acker, Interim CFO, VP, Controller & Principal Accounting Officer (Age 59) (LinkedIn Profile)
  • Mr. William Pitts, Director of Investor Relations
  • Mr. James C. Pelletier, Sr. VP, Gen. Counsel & Sec. (Age 43) (LinkedIn Profile)
  • Mr. Lukas Hovorka, Sr. VP of Corp. Devel. (LinkedIn Profile)
  • Ms. Dawn N. Edwards, Sr. VP of HR (Age 52) (LinkedIn Profile)
  • Mr. Michael V. Kennedy, VP of Tax and Treasury (Age 59) (LinkedIn Profile)

What is Patrick J. Dempsey's approval rating as Barnes Group's CEO?

18 employees have rated Barnes Group CEO Patrick J. Dempsey on Glassdoor.com. Patrick J. Dempsey has an approval rating of 71% among Barnes Group's employees.

Who are some of Barnes Group's key competitors?

What other stocks do shareholders of Barnes Group own?

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), Micron Technology (MU), Zoetis (ZTS) and Transocean (RIG).

What is Barnes Group's stock symbol?

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

Who are Barnes Group's major shareholders?

Barnes Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.95%), Wasatch Advisors Inc. (5.55%), Champlain Investment Partners LLC (5.52%), Geode Capital Management LLC (1.51%), Northern Trust Corp (1.39%) and Geneva Capital Management LLC (1.33%). 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, Patrick Dempsey and Thomas O Barnes.
View institutional ownership trends for Barnes Group
.

Which major investors are selling Barnes Group stock?

B stock was sold by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Victory Capital Management Inc., Northern Trust Corp, Tributary Capital Management LLC, Fisher Asset Management LLC, Alliancebernstein L.P., First National Bank of Omaha, and JPMorgan Chase & Co.. Company insiders that have sold Barnes Group company stock in the last year include Christopher J Stephens, and Dawn N Edwards.
View insider buying and selling activity for Barnes Group
or view top insider-selling stocks.

Which major investors are buying Barnes Group stock?

B stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Palisade Capital Management LLC NJ, Geode Capital Management LLC, Russell Investments Group Ltd., Champlain Investment Partners LLC, New York State Common Retirement Fund, Mitsubishi UFJ Asset Management UK Ltd., and SG Americas Securities LLC. Company insiders that have bought Barnes Group stock in the last two years include Gary G Benanav, and Mylle H Mangum.
View insider buying and selling activity for Barnes Group
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Barnes Group's stock price today?

One share of B stock can currently be purchased for approximately $51.43.

How much money does Barnes Group make?

Barnes Group has a market capitalization of $2.61 billion and generates $1.49 billion in revenue each year. The industrial products company earns $158.35 million in net income (profit) each year or $3.21 on an earnings per share basis.

How many employees does Barnes Group have?

Barnes Group employs 4,952 workers across the globe.

Does Barnes Group have any subsidiaries?

The following companies are subsidiares of Barnes Group: AS Monterrey S. de R.L. de C.V., Adval Tech - Foboha Mold Making Business, Associated Spring (Tianjin) Company Ltd., Associated Spring (UK) Ltd., Associated Spring Asia Pte. Ltd., Associated Spring Corporation, Associated Spring Mexico S. de R.L. de C.V., Associated Spring Raymond (Shanghai) Co. Ltd., Associated Spring Raymond GmbH, Associated Spring do Brasil Ltda., Barnes Airmotive Malaysia SND. BHD., Barnes Financing Delaware LLC, Barnes Group (Bermuda) Limited, Barnes Group (Delaware) LLC, Barnes Group (Germany) GmbH, Barnes Group (Scotland) Limited, Barnes Group (Thailand) Ltd., Barnes Group (U.K.) 2 Limited, Barnes Group (U.K.) Limited, Barnes Group Acquisition GmbH, Barnes Group Canada Corp., Barnes Group Finance Company (Bermuda) Limited, Barnes Group Finance Company (Delaware), Barnes Group Holding LLC, Barnes Group Luxembourg (No. 1) S.à r.l., Barnes Group Luxembourg (No. 2) S.à r.l., Barnes Group Spain S.R.L., Barnes Group Suisse Industries GmbH, Barnes Group Switzerland GmbH, Barnes Industrial Group India Private Limited, Barnes Korea Ltd., Barnes Molding Solutions (Jiangsu) Co. Ltd., Blitz F16-34 GmbH, Curtis Industries, Curtiss Industries (U.K.) Limited, Di-Dro Manifold System Product Line, Euro Stock Springs & Components, Foboha (Germany) GmbH, Foboha Holding GmbH, Forward Industries LLC, GF Controls GmbH, Gammaflux, Gammaflux Controls Inc., Gimatic, Gimatic Automation Engineering (Changshu) Co. Ltd., Gimatic Automation India Pvt Ltd. , Gimatic Automation Technology (Shanghai) Co. Ltd., Gimatic Balkan d.o.o. Beograd – Savski Venac, Gimatic Czech Republic s.r.o., Gimatic France S.a.r.l., Gimatic Japan Limited, Gimatic Korea Limited, Gimatic Nordic A.B., Gimatic Otomasyon Ticaret Anonim Şirketi, Gimatic Polska sp. z o.o, Gimatic S.r.l., Gimatic Sisteme RO SRL, Gimatic Sistemi industrijska avtomatizacija d.o.o., Gimatic Spain S.L., Gimatic Vertrieb GmbH, Gimatrade S.r.l., Heinz Haenggi Gmbh Stanztechnik, Industrial Gas Springs, Industrial Gas Springs Group Holdings Limited, Industrial Gas Springs Inc., Industrial Gas Springs Limited, Kar Products, Kratz-Wilde Machine Co, MTM S.r.l., Manner Hong Kong Limited, Manner USA Inc., Orflam - Nitropush Product Line, Otto Männer, Otto Männer GmbH, Otto Männer Immobilien GmbH, Otto Männer Innovation GmbH, Premier Farnell - KENT Division, Priamus System Technologies, Priamus System Technologies GmbH, Priamus System Technologies LLC, Raymond Distribution-Mexico S.A. de C.V., Resortes Argentina S.A., Ressorts SPEC SAS, Seeger-Orbis GmbH & Co. OHG, Service Plus Distributors, Sign Holdings Limited, Spectrum Plastics Molding Resources, Strömsholmen AB, Synventive Acquisition B.V., Synventive Acquisition GmbH, Synventive Acquisition Inc., Synventive Acquisition UK Ltd., Synventive Acquisition Unlimited, Synventive B.V., Synventive Fertigungstechnik GmbH, Synventive Holding B.V., Synventive Holding Limited, Synventive Holding SAS, Synventive Molding Solutions, Synventive Molding Solutions (Suzhou) Co. Ltd., Synventive Molding Solutions B.V., Synventive Molding Solutions Canada Inc., Synventive Molding Solutions Co. Ltd., Synventive Molding Solutions GmbH, Synventive Molding Solutions Inc., Synventive Molding Solutions JBJ Private Limited, Synventive Molding Solutions K.K., Synventive Molding Solutions LDA, Synventive Molding Solutions LLC, Synventive Molding Solutions LTDA., Synventive Molding Solutions Limited, Synventive Molding Solutions Pte Ltd., Synventive Molding Solutions SAS, Synventive Molding Solutions SL, Synventive Molding Solutions s.r.o., Synventive Parent Inc., Teledyne Fluid Systems, The Wallace Barnes Company, Thermoplay, Thermoplay Brasil Sistemas de Injecao Ltda, Thermoplay Deutschland GmbH, Thermoplay France S.a.r.l., Thermoplay Hot Runner Systems (Beijing) Co. Ltd., Thermoplay India Private Limited, Thermoplay Portugal Unipessoal LDA, Thermoplay S.p.A., Thermoplay U.K. Ltd., Toolcom Supplie, Windsor Airmotive Asia Pte. Ltd., and männer Japan Co. Ltd..

When was Barnes Group founded?

Barnes Group was founded in 1857.

What is Barnes Group's official website?

The official website for Barnes Group is www.barnesgroupinc.com.

Where are Barnes Group's headquarters?

Barnes Group is headquartered at 123 MAIN ST, BRISTOL CT, 06010.

How can I contact Barnes Group?

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


This page was last updated on 5/13/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.