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NYSE:BF.B

Brown-Forman (BF.B) Stock Price, News & Analysis

Today's Range
$44.62
$45.63
50-Day Range
$44.88
$52.24
52-Week Range
$44.62
$71.27
Volume
2.70 million shs
Average Volume
1.70 million shs
Market Capitalization
$21.21 billion
P/E Ratio
22.33
Dividend Yield
1.94%
Price Target
$65.68

Brown-Forman MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
46.3% Upside
$65.68 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.89
Upright™ Environmental Score
News Sentiment
-1.00mentions of Brown-Forman in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.26 out of 5 stars

Consumer Staples Sector

118th out of 135 stocks

Beverages Industry

10th out of 12 stocks

BF.B stock logo

About Brown-Forman Stock (NYSE:BF.B)

Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin brands. It is also involved in the sale of used barrels, bulk whiskey, and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. It has operations in the United States, Germany, Australia, the United Kingdom, Mexico, and internationally. The company was founded in 1870 and is headquartered in Louisville, Kentucky.

BF.B Stock Price History

BF.B Stock News Headlines

Brown-Forman Corp: Multiple Growth Catalysts
15 Most Valuable Alcohol Companies in the World
20 Best Whiskeys for Your Home Bar
Brown-Forman B (BF.B) Receives a Hold from RBC Capital
Brown Forman: Why This Company Is Not Yet A Buy
Brown-Forman: Fiscal Q3 Earnings Snapshot
Brown-Forman To Launch Distribution Business In Italy
11 Best Brewery and Distillery Stocks to Buy Now
Brown-Forman to sell Jack Daniel's cooperage
Who Owns Jack Daniels?
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Ex-Dividend for 4/1 Dividend
3/07/2024
Dividend Payable
4/01/2024
Today
5/28/2024
Next Earnings (Confirmed)
6/05/2024
Ex-Dividend for 7/1 Dividend
6/07/2024
Dividend Payable
7/01/2024
Fiscal Year End
4/30/2025

Industry, Sector and Symbol

Industry
Beverages
Sub-Industry
Distillers & Vintners
CUSIP
11563720
Employees
5,600
Year Founded
1870

Price Target and Rating

Average Stock Price Target
$65.68
High Stock Price Target
$76.40
Low Stock Price Target
$52.00
Potential Upside/Downside
+46.3%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$783 million
Pretax Margin
28.64%

Debt

Sales & Book Value

Annual Sales
$4.23 billion
Cash Flow
$2.02 per share
Book Value
$6.82 per share

Miscellaneous

Free Float
459,955,000
Market Cap
$21.21 billion
Optionable
Not Optionable
Beta
0.78

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Key Executives

  • Mr. Campbell P. Brown (Age 55)
    Exec. Chairman
    Comp: $293.43k
  • Mr. Lawson E. Whiting (Age 55)
    CEO, Pres & Director
    Comp: $4.18M
  • Ms. Leanne D. Cunningham (Age 53)
    Sr. VP & CFO
    Comp: $1.21M
  • Mr. Matthew E. Hamel (Age 63)
    Exec. VP & Gen. Counsel
  • Ms. Kirsten M. Hawley (Age 53)
    Sr. VP and Chief People, Places & Communications Officer
    Comp: $1.07M
  • Mr. Marshall B. Farrer (Age 52)
    Sr. VP, Pres of Europe & Director
  • Mr. Thomas W. Hinrichs (Age 61)
    Sr. VP & Pres of Emerging International
    Comp: $1.48M
  • Ms. Kelli Nelson Brown (Age 53)
    Sr. VP & Chief Accounting Officer
  • Mr. Timothy M. Nall (Age 52)
    Sr. VP and Chief Global Supply Chain & Technology Officer
  • Mr. Dan Muraski
    Chief Information Officer

BF.B Stock Analysis - Frequently Asked Questions

Should I buy or sell Brown-Forman stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown-Forman in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BF.B shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BF.B, but not buy additional shares or sell existing shares.
View BF.B analyst ratings
or view top-rated stocks.

What is Brown-Forman's stock price target for 2024?

4 Wall Street analysts have issued 1-year price targets for Brown-Forman's shares. Their BF.B share price targets range from $52.00 to $76.40. On average, they anticipate the company's stock price to reach $65.68 in the next twelve months. This suggests a possible upside of 46.3% from the stock's current price.
View analysts price targets for BF.B
or view top-rated stocks among Wall Street analysts.

How have BF.B shares performed in 2024?

Brown-Forman's stock was trading at $57.10 at the beginning of the year. Since then, BF.B stock has decreased by 21.4% and is now trading at $44.88.
View the best growth stocks for 2024 here
.

When is Brown-Forman's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
View our BF.B earnings forecast
.

How can I listen to Brown-Forman's earnings call?

Brown-Forman will be holding an earnings conference call on Wednesday, June 5th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Brown-Forman's earnings last quarter?

Brown-Forman Co. (NYSE:BF.B) posted its earnings results on Wednesday, March, 6th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.56 by $0.04. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.13 billion. Brown-Forman had a net margin of 22.65% and a trailing twelve-month return on equity of 29.01%. The company's quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.47 earnings per share.
Read the conference call transcript
.

How often does Brown-Forman pay dividends? What is the dividend yield for Brown-Forman?

Brown-Forman declared a quarterly dividend on Thursday, May 23rd. Stockholders of record on Friday, June 7th will be paid a dividend of $0.2178 per share on Monday, July 1st. This represents a $0.87 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Friday, June 7th.
Read our dividend analysis for BF.B
.

Is Brown-Forman a good dividend stock?

Brown-Forman (NYSE:BF.B) pays an annual dividend of $0.87 per share and currently has a dividend yield of 1.90%. The company has been increasing its dividend for 34 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BF.B will have a dividend payout ratio of 43.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BF.B.

When did Brown-Forman's stock split?

Shares of Brown-Forman split on the morning of Wednesday, February 28th 2018. The 5-4 split was announced on Tuesday, January 23rd 2018. The newly minted shares were payable to shareholders after the closing bell on Tuesday, February 27th 2018. An investor that had 100 shares of stock prior to the split would have 125 shares after the split.

What other stocks do shareholders of Brown-Forman own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Brown-Forman investors own include AbbVie (ABBV), Johnson & Johnson (JNJ), PepsiCo (PEP), Abbott Laboratories (ABT), Procter & Gamble (PG), RTX (RTX), Target (TGT), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Walmart (WMT).

How do I buy shares of Brown-Forman?

Shares of BF.B stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Brown-Forman have any subsidiaries?
The following companies are subsidiares of Brown-Forman: AMG Trading L.L.C., Amercain Investments C.V., Brown-Forman Australia Pty. Ltd., Brown-Forman Beverages Europe Ltd., Brown-Forman Beverages Worldwide Comercio de Bebidas Ltda., Brown-Forman Deutschland GmbH, Brown-Forman Finland Oy, Brown-Forman France, Brown-Forman Holding Mexico S.A. de C.V., Brown-Forman Hungary 1 Kft., Brown-Forman Netherlands B.V., Brown-Forman Polska Sp. z o.o., Brown-Forman Scotland Limited, Brown-Forman Spirits (Shanghai) Co. Ltd., Brown-Forman Tequila Mexico S. de R.L. de C.V., Chambord Liqueur Royale de France SAS, Finlandia Vodka Worldwide, Jack Daniel Distillery Lem Motlow Prop. Inc., Sonoma-Cutrer Vineyards Inc., Tequila Herradura, The BenRiach Distillery, and The BenRiach Distillery Company Limited.
Read More
This page (NYSE:BF.B) was last updated on 5/29/2024 by MarketBeat.com Staff

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