Brunswick (BC) Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brunswick in the last twelve months. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BC shares.
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15 brokers have issued 1-year price targets for Brunswick's stock. Their BC share price forecasts range from $79.00 to $110.00. On average, they expect the company's stock price to reach $96.57 in the next twelve months. This suggests a possible upside of 22.9% 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 at the beginning of the year. Since then, BC stock has increased by 9.0% and is now trading at $78.55.
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Brunswick saw a increase in short interest in August. As of August 15th, there was short interest totaling 3,610,000 shares, an increase of 17.2% from the July 31st total of 3,080,000 shares. Based on an average daily trading volume, of 612,900 shares, the days-to-cover ratio is currently 5.9 days. Currently, 5.3% of the shares of the stock are short sold.
View Brunswick's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our BC earnings forecast.

Brunswick Co. (NYSE:BC) announced its earnings results on Thursday, July, 27th. The company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.03. The company earned $1.70 billion during the quarter, compared to analysts' expectations of $1.75 billion. Brunswick had a net margin of 8.21% and a trailing twelve-month return on equity of 33.86%. The business's quarterly revenue was down 7.3% compared to the same quarter last year. During the same period in the prior year, the company earned $2.82 earnings per share.

Brunswick declared a quarterly dividend on Tuesday, July 18th. Stockholders of record on Wednesday, August 23rd will be given a dividend of $0.40 per share on Friday, September 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date is Tuesday, August 22nd.
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 (NYSE:BC) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.04%. 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 21.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BC will have a dividend payout ratio of 16.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BC.

Brunswick updated its FY 2027 earnings guidance on Tuesday, September, 19th. The company provided earnings per share guidance of $15.00-$15.00 for the period. The company issued revenue guidance of $8.70 billion-$8.70 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "BC."

Brunswick's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.66%), Cantillon Capital Management LLC (6.24%), Kensico Capital Management Corp (2.94%), State Street Corp (2.90%), JPMorgan Chase & Co. (2.42%) and Dimensional Fund Advisors LP (2.30%). 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.
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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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One share of BC stock can currently be purchased for approximately $78.55.

Brunswick (NYSE:BC) has a market capitalization of $5.55 billion and generates $6.81 billion in revenue each year. The company earns $677 million in net income (profit) each year or $7.61 on an earnings per share basis.

The company employs 18,400 workers across the globe.

Brunswick's mailing address is 26125 N. RIVERWOODS BOULEVARD, METTAWA IL, 60045. The official website for the company is www.brunswick.com. The company can be reached via phone at (847) 735-4700, via email at ryan.gwillim@brunswick.com, or via fax at 847-735-4765.