Brunswick - BC Stock Forecast, Price & News

13 Wall Street research 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 research analysts is that investors should "buy" BC shares.
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13 brokerages have issued 1 year target prices for Brunswick's stock. Their BC share price forecasts range from $82.00 to $115.00. On average, they anticipate the company's stock price to reach $97.38 in the next twelve months. This suggests a possible upside of 31.5% from the stock's current price.
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Brunswick's stock was trading at $100.73 at the beginning of the year. Since then, BC stock has decreased by 26.5% and is now trading at $74.05.
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Brunswick saw a decrease in short interest in November. As of November 15th, there was short interest totaling 3,510,000 shares, a decrease of 14.2% from the October 31st total of 4,090,000 shares. Based on an average daily trading volume, of 671,500 shares, the short-interest ratio is currently 5.2 days. Approximately 4.9% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our BC earnings forecast.

Brunswick Co. (NYSE:BC) released its earnings results on Wednesday, October, 27th. The company reported $2.07 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.12. The company earned $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. Brunswick had a trailing twelve-month return on equity of 36.52% and a net margin of 9.56%. Brunswick's revenue was up 15.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.80 EPS.

Brunswick declared a quarterly dividend on Tuesday, October 18th. Shareholders of record on Wednesday, November 23rd will be given a dividend of $0.365 per share on Thursday, December 15th. This represents a $1.46 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Tuesday, November 22nd.
Read our dividend analysis for BC.

Brunswick (NYSE:BC) pays an annual dividend of $1.46 per share and currently has a dividend yield of 1.97%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 17.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BC will have a dividend payout ratio of 13.81% 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 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $10.00-$10.00 for the period, compared to the consensus estimate of $10.21. The company issued revenue guidance of $6.90 billion-$6.90 billion, compared to the consensus revenue estimate of $7.00 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 a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.03%), BlackRock Inc. (8.59%), Cantillon Capital Management LLC (5.78%), Massachusetts Financial Services Co. MA (5.05%), State Street Corp (2.84%) and Turtle Creek Asset Management Inc. (2.19%). Insiders that own company stock include Brenna Preisser, Christopher F Dekker, Christopher F Dekker, David V Singer, 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 $74.05.

Brunswick (NYSE:BC) has a market capitalization of $5.37 billion and generates $5.85 billion in revenue each year. The company earns $593.30 million in net income (profit) each year or $8.34 on an earnings per share basis.

The company employs 18,582 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.