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 announced 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 1.16%. The ex-dividend date is Friday, August 23rd. View Barnes Group's Dividend History.

Barnes Group Inc. (NYSE:B) posted its earnings results on Friday, July, 26th. The industrial products company reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.78 by $0.03. The industrial products company earned $371.70 million during the quarter, compared to the consensus estimate of $387.29 million. Barnes Group had a return on equity of 13.20% and a net margin of 9.95%. The company's revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.90 EPS. 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 earnings per share (EPS) guidance of $3.18-3.28 for the period, compared to the Thomson Reuters consensus earnings per share 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 analysts have issued 1-year target prices for Barnes Group's stock. Their forecasts 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 12.0% 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 trended somewhat positive this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Barnes Group earned a news impact score of 0.9 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Barnes Group.

Barnes Group saw a decline in short interest in August. As of August 31st, there was short interest totalling 555,500 shares, a decline of 23.4% from the July 31st total of 725,000 shares. Based on an average daily trading volume, of 191,600 shares, the days-to-cover ratio is presently 2.9 days. Currently, 1.2% 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 number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.92%), BlackRock Inc. (13.92%), Vanguard Group Inc. (9.82%), Bank of America Corp DE (9.34%), Wasatch Advisors Inc. (5.49%) and Price T Rowe Associates Inc. MD (1.88%). 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, Barrow Hanley Mewhinney & Strauss LLC, Eagle Boston Investment Management Inc., Citadel Advisors LLC, SG Americas Securities LLC and Russell Investments Group Ltd.. 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 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 Nuveen Asset Management LLC, Invesco Ltd., D. E. Shaw & Co. Inc., BlackRock Inc., BlackRock Inc., Morgan Stanley, Renaissance Technologies LLC and Public Employees Retirement Association of Colorado. 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 $55.19.

Barnes Group has a market capitalization of $2.79 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]