Brown-Forman Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brown-Forman in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Brown-Forman stock. 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 analyst ratings for Brown-Forman or view top-rated stocks.

Wall Street analysts have given Brown-Forman a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Brown-Forman wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Brown-Forman is scheduled to release its next quarterly earnings announcement on Wednesday, September 1st 2021.
View our earnings forecast for Brown-Forman.

Brown-Forman Co. (NYSE:BF.B) posted its quarterly earnings data on Wednesday, June, 9th. The company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by $0.05. The firm earned $812 million during the quarter, compared to analysts' expectations of $774.20 million. Brown-Forman had a net margin of 26.09% and a trailing twelve-month return on equity of 31.96%. The company's revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.27 earnings per share.
View Brown-Forman's earnings history.

Brown-Forman declared a quarterly dividend on Friday, July 23rd. Shareholders of record on Friday, September 3rd will be given a dividend of $0.1795 per share on Friday, October 1st. This represents a $0.72 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Thursday, September 2nd. This is an increase from Brown-Forman's previous quarterly dividend of $0.18.
View Brown-Forman's dividend history.

Brown-Forman pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.00%. Brown-Forman 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 of Brown-Forman is 44.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Brown-Forman will have a dividend payout ratio of 35.47% next year. This indicates that Brown-Forman will be able to sustain or increase its dividend.
View Brown-Forman's dividend history.

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

2 brokers have issued 1-year target prices for Brown-Forman's shares. Their forecasts range from $75.00 to $81.00. On average, they anticipate Brown-Forman's share price to reach $77.25 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price.
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Some companies that are related to Brown-Forman include Diageo (DEO), Pernod Ricard (PDRDY), Ambev (ABEV), Keurig Dr Pepper (KDP), Constellation Brands (STZ), Constellation Brands (STZ.B), Coca-Cola Amatil (CCLAY), The Duckhorn Portfolio (NAPA), Vintage Wine Estates (VWE), Pacific Ventures Group (PACV), Crimson Wine Group (CWGL), Better Choice (BTTR), Splash Beverage Group (SBEV), Jones Soda (JSDA) and Willamette Valley Vineyards (WVVI).
View all of BF.B's competitors.

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), The 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."

One share of BF.B stock can currently be purchased for approximately $72.25.

Brown-Forman has a market capitalization of $34.59 billion and generates $3.46 billion in revenue each year. The company earns $903 million in net income (profit) each year or $1.61 on an earnings per share basis.

Brown-Forman employs 4,700 workers across the globe.

The official website for Brown-Forman is www.brown-forman.com.

Brown-Forman is headquartered at 850 Dixie Highway, LOUISVILLE KY, 40201.

Brown-Forman's mailing address is 850 Dixie Highway, LOUISVILLE KY, 40201. The company can be reached via phone at 502-585-1100 or via email at [email protected]