Brunswick Stock Price, News & Analysis (NYSE:BC)

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brunswick in the last twelve months. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BC shares.
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13 brokers have issued 12-month price targets for Brunswick's shares. Their BC share price targets range from $77.00 to $110.00. On average, they anticipate the company's stock price to reach $94.21 in the next twelve months. This suggests a possible upside of 18.3% from the stock's current price.
View analysts price targets for BC or view top-rated stocks among Wall Street analysts.

Brunswick's stock was trading at $72.08 on January 1st, 2023. Since then, BC shares have increased by 10.4% and is now trading at $79.61.
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Brunswick saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 5,360,000 shares, an increase of 13.8% from the October 15th total of 4,710,000 shares. Based on an average trading volume of 688,600 shares, the days-to-cover ratio is currently 7.8 days. Currently, 7.9% of the shares of the company are short sold.
View Brunswick's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our BC earnings forecast.

Brunswick Co. (NYSE:BC) announced its quarterly earnings results on Thursday, October, 26th. The company reported $2.42 EPS for the quarter, topping analysts' consensus estimates of $2.36 by $0.06. The firm had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.66 billion. Brunswick had a net margin of 7.57% and a trailing twelve-month return on equity of 32.09%. The business's quarterly revenue was down 6.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.67 earnings per share.

Brunswick announced a quarterly dividend on Tuesday, October 17th. Stockholders of record on Wednesday, November 22nd will be given a dividend of $0.40 per share on Friday, December 15th. This represents a $1.60 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date is Tuesday, November 21st.
Read our dividend analysis for BC.

Brunswick (NYSE:BC) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.05%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 22.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BC will have a dividend payout ratio of 18.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BC.

ETFs with the largest weight of Brunswick (NYSE:BC) stock in their portfolio include First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) and AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG).John Hancock Multifactor Small Cap ETF (JHSC).

Brunswick updated its FY23 earnings guidance on Thursday, October, 26th. The company provided EPS guidance of $9.00 for the period, compared to the consensus earnings per share estimate of $9.29. The company issued revenue guidance of $6.45-6.6 billion, compared to the consensus revenue estimate of $6.65 billion.

18 employees have rated Brunswick Chief Executive Officer David Foulkes on Glassdoor.com. David Foulkes has an approval rating of 93% among the company's employees. This puts David Foulkes in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brunswick investors own include CA (CA), BlackRock (BLK), Micron Technology (MU), Endologix (ELGX), Accenture (ACN), Chipotle Mexican Grill (CMG), Applied Materials (AMAT), Advanced Micro Devices (AMD), NVIDIA (NVDA) and QUALCOMM (QCOM).

Brunswick's stock is owned by many different retail and institutional investors. Top institutional investors include Cantillon Capital Management LLC (6.21%), FMR LLC (4.92%), Massachusetts Financial Services Co. MA (4.29%), Kensico Capital Management Corp (2.79%), JPMorgan Chase & Co. (2.43%) and Principal Financial Group Inc. (1.62%). Insiders that own company stock include Brenna Preisser, Christopher F Dekker, Christopher F Dekker, David M Foulkes, David V Singer, Nancy E Cooper, Randall S Altman and Ryan M Gwillim.
View institutional ownership trends.

Shares of BC 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.
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