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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
On outskirts of Doha, laborers watch World Cup they built
THE BEST BLACK FRIDAY DEAL YET (Ad)
Biden eases Venezuela sanctions as opposition talks resume
Whole Foods decision to pull lobster divides enviros, pols
THE BEST BLACK FRIDAY DEAL YET (Ad)
Railway workers in Austria to strike Monday in pay standoff
Airbnb has a plan to fix cleaning fees
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
On outskirts of Doha, laborers watch World Cup they built
THE BEST BLACK FRIDAY DEAL YET (Ad)
Biden eases Venezuela sanctions as opposition talks resume
Whole Foods decision to pull lobster divides enviros, pols
THE BEST BLACK FRIDAY DEAL YET (Ad)
Railway workers in Austria to strike Monday in pay standoff
Airbnb has a plan to fix cleaning fees
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
THE BEST BLACK FRIDAY DEAL YET (Ad)
Sober or bright? Europe faces holidays during energy crunch
On outskirts of Doha, laborers watch World Cup they built
THE BEST BLACK FRIDAY DEAL YET (Ad)
Biden eases Venezuela sanctions as opposition talks resume
Whole Foods decision to pull lobster divides enviros, pols
THE BEST BLACK FRIDAY DEAL YET (Ad)
Railway workers in Austria to strike Monday in pay standoff
Airbnb has a plan to fix cleaning fees
NYSE:B

Barnes Group - B Stock Forecast, Price & News

$40.44
+0.30 (+0.75%)
(As of 11/25/2022 04:00 PM ET)
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Compare
Today's Range
$39.88
$40.74
50-Day Range
$28.18
$40.44
52-Week Range
$27.93
$48.79
Volume
75,271 shs
Average Volume
211,805 shs
Market Capitalization
$2.05 billion
P/E Ratio
80.88
Dividend Yield
1.59%
Price Target
$35.67

Barnes Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
11.8% Downside
$35.67 Price Target
Short Interest
Healthy
2.45% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$2.81 M Bought Last Quarter
Proj. Earnings Growth
11.34%
From $1.94 to $2.16 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.75 out of 5 stars

Industrial Products Sector

152nd out of 183 stocks

Miscellaneous Fabricated Metal Products Industry

7th out of 7 stocks

B stock logo

About Barnes Group (NYSE:B) Stock

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 mobility, 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. 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. Barnes Group Inc. was founded in 1857 and is headquartered in Bristol, Connecticut.

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B Stock News Headlines

Barnes Group (NYSE:B) Has Affirmed Its Dividend Of $0.16
Barnes Group Inc. (B) Q3 2022 Earnings Call Transcript
Barnes Group (NYSE:B) Is Due To Pay A Dividend Of $0.16
Barnes Group Reports Third Quarter 2022 Financial Results
Barnes Reports Third Quarter 2022 Financial Results
B Barnes Group Inc.
Barnes (B) Declines More Than 11% in 3 Months: Here's Why
Analyzing Barnes Gr's Short Interest
Barnes Group (NYSE: B)
Why Barnes Group is a Top 25 Dividend Giant (B)
See More Headlines
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B Company Calendar

Ex-Dividend for 9/9 Dividend
8/24/2022
Dividend Payable
9/09/2022
Last Earnings
10/28/2022
Ex-Dividend for 12/9 Dividend
11/21/2022
Today
11/26/2022
Dividend Payable
12/09/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/17/2023

Industry, Sector and Symbol

Industry
Miscellaneous fabricated metal products
Sub-Industry
Industrial Machinery
CUSIP
06780610
CIK
9984
Employees
5,100
Year Founded
1857

Price Target and Rating

Average Stock Price Forecast
$35.67
High Stock Price Forecast
$42.00
Low Stock Price Forecast
$29.00
Forecasted Upside/Downside
-11.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$99.87 million
Pretax Margin
3.86%

Debt

Sales & Book Value

Annual Sales
$1.26 billion
Cash Flow
$3.77 per share
Book Value
$25.06 per share

Miscellaneous

Free Float
47,990,000
Market Cap
$2.05 billion
Optionable
Optionable
Beta
1.21

Social Links


Key Executives

  • Mr. Thomas J. Hook (Age 59)
    Pres, CEO & Director
    Comp: $96.5k
  • Mr. Patrick J. Dempsey (Age 58)
    Exec. Vice Chairman
    Comp: $2.95M
  • Ms. Julie K. Streich (Age 51)
    Sr. VP of Fin. & CFO
    Comp: $1.08M
  • Ms. Marian Acker (Age 60)
    Principal Accounting Officer, VP & Controller
    Comp: $742.26k
  • Dr. Patrick T. Hurley Ph.D. (Age 49)
    Sr. VP & CTO
    Comp: $899.9k
  • Mr. Stephen Geoffrey Moule (Age 49)
    Sr. VP & Pres of Barnes Industrial
    Comp: $1.21M
  • Mr. William Pitts
    VP of Investor Relations
  • Mr. Lukas Hovorka (Age 49)
    Sr. VP of Corp. Devel.
  • Ms. Dawn N. EdwardsMs. Dawn N. Edwards (Age 53)
    Sr. VP of HR
  • Mr. Ian M. Reason
    Sr. VP













B Stock - Frequently Asked Questions

Should I buy or sell Barnes Group stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barnes Group in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" B shares. 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 B analyst ratings
or view top-rated stocks.

What is Barnes Group's stock price forecast for 2023?

3 Wall Street research analysts have issued 12 month target prices for Barnes Group's shares. Their B share price forecasts range from $29.00 to $42.00. On average, they predict the company's stock price to reach $35.67 in the next twelve months. This suggests that the stock has a possible downside of 11.8%.
View analysts price targets for B
or view top-rated stocks among Wall Street analysts.

How have B shares performed in 2022?

Barnes Group's stock was trading at $46.59 at the beginning of 2022. Since then, B stock has decreased by 13.2% and is now trading at $40.44.
View the best growth stocks for 2022 here
.

Are investors shorting Barnes Group?

Barnes Group saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,260,000 shares, an increase of 37.6% from the September 30th total of 915,800 shares. Based on an average trading volume of 229,100 shares, the days-to-cover ratio is presently 5.5 days. Currently, 2.6% of the shares of the company are sold short.
View Barnes Group's Short Interest
.

When is Barnes Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, February 17th 2023.
View our B earnings forecast
.

How were Barnes Group's earnings last quarter?

Barnes Group Inc. (NYSE:B) announced its quarterly earnings results on Friday, October, 28th. The industrial products company reported $0.49 earnings per share for the quarter, meeting the consensus estimate of $0.49. The industrial products company had revenue of $314.70 million for the quarter, compared to analysts' expectations of $324.93 million. Barnes Group had a trailing twelve-month return on equity of 7.61% and a net margin of 2.07%. Barnes Group's revenue was down 3.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.55 earnings per share.

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

Barnes Group announced a quarterly dividend on Friday, October 14th. Investors of record on Tuesday, November 22nd will be given a dividend of $0.16 per share on Friday, December 9th. This represents a $0.64 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Monday, November 21st.
Read our dividend analysis for B
.

Is Barnes Group a good dividend stock?

Barnes Group (NYSE:B) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.59%. The dividend payout ratio is 128.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, B will have a dividend payout ratio of 29.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for B.

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

Barnes Group updated its FY 2022 earnings guidance on Sunday, November, 6th. The company provided EPS guidance of $1.90-$2.00 for the period, compared to the consensus estimate of $1.96. The company issued revenue guidance of -.

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

18 employees have rated Barnes Group Chief Executive Officer Patrick J. Dempsey on Glassdoor.com. Patrick J. Dempsey has an approval rating of 71% among the company's employees.

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (15.38%), Vanguard Group Inc. (10.60%), Dimensional Fund Advisors LP (6.40%), Macquarie Group Ltd. (5.28%), State Street Corp (3.65%) and Thrivent Financial for Lutherans (2.55%). Insiders that own company stock include Christopher J Stephens, Dawn N Edwards, Dawn N Edwards, Elijah Kent Barnes, James C Pelletier, Julie K Streich, Michael Andrew Beck, Mylle H Mangum, Mylle H Mangum, Richard J Hipple, Thomas J Hook and Thomas O Barnes.
View institutional ownership trends
.

How do I buy shares of Barnes Group?

Shares of B 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.

What is Barnes Group's stock price today?

One share of B stock can currently be purchased for approximately $40.44.

How much money does Barnes Group make?

Barnes Group (NYSE:B) has a market capitalization of $2.05 billion and generates $1.26 billion in revenue each year. The industrial products company earns $99.87 million in net income (profit) each year or $0.50 on an earnings per share basis.

How many employees does Barnes Group have?

The company employs 5,100 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 (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 (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., Barnes Molding Solutions Korea Limited, Blitz F16-34 GmbH, Curtis Industries, Curtiss Industries (U.K.) Limited, Di-Dro Manifold System Product Line, Euro Stock Springs & Components, FOBOHA GmbH, 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 Balkan d.o.o. Beograd – Savski Venac, Gimatic Bulgaria Ltd., Gimatic Czech Republic s.r.o., Gimatic France S.a.r.l., Gimatic Iberia S.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 South Africa (Pty) Ltd., Gimatic UK Limited, 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., OOO Gimatic Rus, 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 Fertigungstechnik GmbH, Synventive Holding B.V., Synventive Holding Limited, 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 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 India Private Limited, Thermoplay S.p.A., Thermoplay U.K. Ltd., Toolcom Supplie, Windsor Airmotive Asia Pte. Ltd., and männer Japan Co. Ltd..
Read More
How can I contact Barnes Group?

Barnes Group's mailing address is 123 MAIN ST, BRISTOL CT, 06010. The official website for the company is www.barnesgroupinc.com. The industrial products company can be reached via phone at (860) 583-7070, via email at ir@bginc.com, or via fax at 302-674-5266.

This page (NYSE:B) was last updated on 11/27/2022 by MarketBeat.com Staff