Brown-Forman - BF.B Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Brown-Forman in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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.

5 equities research analysts have issued 12 month price objectives for Brown-Forman's stock. Their BF.B share price forecasts range from $70.00 to $80.00. On average, they expect the company's share price to reach $74.44 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price.
View analysts price targets for BF.B or view top-rated stocks among Wall Street analysts.

Brown-Forman's stock was trading at $72.86 at the start of the year. Since then, BF.B shares have decreased by 8.6% and is now trading at $66.57.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 14th 2022.
View our BF.B earnings forecast.

Brown-Forman Co. (NYSE:BF.B) issued its quarterly earnings data on Wednesday, August, 31st. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.04. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $983.90 million. Brown-Forman had a trailing twelve-month return on equity of 32.59% and a net margin of 22.19%.

Brown-Forman announced a quarterly dividend on Thursday, July 28th. Investors of record on Tuesday, September 6th will be given a dividend of $0.189 per share on Monday, October 3rd. This represents a $0.76 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Friday, September 2nd.
Read our dividend analysis for BF.B.

Brown-Forman (NYSE:BF.B) pays an annual dividend of $0.75 per share and currently has a dividend yield of 1.12%. 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 40.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BF.B will have a dividend payout ratio of 35.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BF.B.

Brown-Forman shares split on 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 market closes on Tuesday, February 27th 2018. An investor that had 100 shares of stock prior to the split would have 125 shares after the split.

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), Raytheon Technologies (RTX), Target (TGT), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Walmart (WMT).

Brown-Forman trades on the New York Stock Exchange (NYSE) under the ticker symbol "BF.B."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BF.B stock can currently be purchased for approximately $66.57.

Brown-Forman (NYSE:BF.B) has a market capitalization of $31.90 billion and generates $3.93 billion in revenue each year. The company earns $838 million in net income (profit) each year or $1.86 on an earnings per share basis.

The company employs 5,200 workers across the globe.

Brown-Forman's mailing address is 850 Dixie Highway, LOUISVILLE KY, 40201. The official website for the company is www.brown-forman.com. The company can be reached via phone at 502-585-1100, via email at investor_relations@b-f.com, or via fax at 502-774-7876.