Brunswick - BC Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brunswick in the last year. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BC shares.
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14 brokerages have issued 1-year target prices for Brunswick's stock. Their BC share price forecasts range from $88.00 to $122.00. On average, they anticipate the company's stock price to reach $102.77 in the next twelve months. This suggests a possible upside of 35.2% from the stock's current price.
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Brunswick's stock was trading at $72.08 at the start of the year. Since then, BC shares have increased by 5.4% and is now trading at $75.99.
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Brunswick saw a decrease in short interest in the month of February. As of February 15th, there was short interest totaling 2,870,000 shares, a decrease of 6.8% from the January 31st total of 3,080,000 shares. Based on an average daily volume of 558,200 shares, the short-interest ratio is currently 5.1 days. Approximately 4.1% of the shares of the company are sold short.
View Brunswick's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our BC earnings forecast.

Brunswick Co. (NYSE:BC) announced its quarterly earnings results on Thursday, February, 2nd. The company reported $1.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.97 by $0.02. The business had revenue of $1.58 billion for the quarter, compared to analysts' expectations of $1.66 billion. Brunswick had a net margin of 9.94% and a trailing twelve-month return on equity of 37.56%. The company's quarterly revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.44 earnings per share.

Brunswick announced a quarterly dividend on Thursday, February 16th. Shareholders of record on Monday, February 27th will be given a dividend of $0.40 per share on Wednesday, March 15th. This represents a $1.60 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date is Friday, February 24th. This is an increase from the stock's previous quarterly dividend of $0.37.
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), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Gabelli Automation ETF (GAST), First Trust Mid Cap Value AlphaDEX Fund (FNK), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC), John Hancock Multifactor Small Cap ETF (JHSC), Xtrackers S&P MidCap 400 ESG ETF (MIDE) and BlackRock Future U.S. Themes ETF (BTHM).

Brunswick (NYSE:BC) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.11%. 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 17.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BC will have a dividend payout ratio of 14.29% 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 first quarter 2023 earnings guidance on Thursday, February, 2nd. The company provided earnings per share (EPS) guidance of $2.30-$2.40 for the period. The company issued revenue guidance of -.

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 institutional and retail investors. Top institutional shareholders include Cantillon Capital Management LLC (5.81%), American Century Companies Inc. (2.81%), JPMorgan Chase & Co. (2.76%), Dimensional Fund Advisors LP (2.14%), TimesSquare Capital Management LLC (1.67%) and Principal Financial Group Inc. (1.57%). Insiders that own company stock include Brenna Preisser, Christopher F Dekker, Christopher F Dekker, David V Singer, 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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One share of BC stock can currently be purchased for approximately $75.99.

Brunswick (NYSE:BC) has a market capitalization of $5.41 billion and generates $6.81 billion in revenue each year. The company earns $677 million in net income (profit) each year or $8.99 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.