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

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

Barnes Group announced a quarterly dividend on Friday, February 14th. Stockholders of record on Thursday, February 27th will be paid a dividend of $0.16 per share on Tuesday, March 10th. This represents a $0.64 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Wednesday, February 26th. View Barnes Group's Dividend History.

Barnes Group Inc. (NYSE:B) issued its quarterly earnings data on Friday, February, 21st. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.84 by $0.02. The industrial products company earned $370.20 million during the quarter, compared to analyst estimates of $375.93 million. Barnes Group had a return on equity of 13.47% and a net margin of 10.62%. Barnes Group's quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.84 EPS. View Barnes Group's Earnings History.

Barnes Group is scheduled to release their next quarterly earnings announcement on Friday, April 24th 2020. View Earnings Estimates for Barnes Group.

Barnes Group updated its FY20 earnings guidance on Friday, February, 21st. The company provided earnings per share (EPS) guidance of $3.12-3.32 for the period, compared to the Thomson Reuters consensus estimate of $3.41. The company issued revenue guidance of down slightly from $1.49 billion, compared to the consensus revenue estimate of $1.51 billion.

10 analysts have issued 1 year price targets for Barnes Group's stock. Their forecasts range from $15.00 to $78.00. On average, they expect Barnes Group's share price to reach $59.78 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. View Analyst Price Targets for Barnes Group.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barnes Group in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Barnes Group.

Media stories about B stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Barnes Group earned a media sentiment score of 0.0 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect 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 in January. As of January 15th, there was short interest totalling 877,400 shares, an increase of 13.8% from the December 31st total of 770,900 shares. Based on an average daily trading volume, of 201,000 shares, the days-to-cover ratio is presently 4.4 days. Currently, 1.9% of the shares of the company are short sold. View Barnes Group's Current Options Chain.

Some companies that are related to Barnes Group include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Donaldson (DCI) and ITT (ITT).

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

Barnes Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of America Corp DE (9.09%), Champlain Investment Partners LLC (3.51%), State Street Corp (2.75%), Bank of New York Mellon Corp (1.38%), Geode Capital Management LLC (1.21%) and Barrow Hanley Mewhinney & Strauss LLC (1.19%). 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, 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 Bank of America Corp DE, Goldman Sachs Group Inc., Foundry Partners LLC, First Trust Advisors LP, Arizona State Retirement System, Los Angeles Capital Management & Equity Research Inc., PNC Financial Services Group Inc. and Anchor Capital Advisors LLC. 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, Marian Acker, Mylle H Mangum, Patrick Dempsey and Thomas O Barnes. View Insider Buying and Selling for Barnes Group.

B stock was bought by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, FMR LLC, Franklin Resources Inc., Great West Life Assurance Co. Can, New York State Common Retirement Fund, Man Group plc, Wooster Corthell Wealth Management Inc. and UBS Group AG. Company insiders that have bought Barnes Group stock in the last two years include Gary G Benanav, Mylle H Mangum 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, Robinhood, Fidelity and Charles Schwab.

One share of B stock can currently be purchased for approximately $60.84.

Barnes Group has a market capitalization of $3.09 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. 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]