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NYSE:BF.BBrown-Forman Stock Price, Forecast & News

$66.07
-0.19 (-0.29 %)
(As of 07/16/2020 10:16 AM ET)
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Today's Range
$65.66
Now: $66.07
$66.24
50-Day Range
$61.00
MA: $65.18
$68.39
52-Week Range
$44.68
Now: $66.07
$72.85
Volume1,347 shs
Average Volume984,942 shs
Market Capitalization$31.60 billion
P/E Ratio38.19
Dividend Yield1.05%
Beta0.77
Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide. It provides spirits, wines, ready-to-drink cocktails, whiskeys, vodkas, tequilas, champagnes, brandy, and liqueurs. The company offers its products primarily under the Jack Daniel's, Gentleman Jack, Woodford Reserve, Korbel, Finlandia, el Jimador, Herradura, Sonoma-Cutrer, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Chambord, Old Forester, Early Times, Pepe Lopez, Antiguo, Slane Irish, and Coopers' Craft brands. It serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. The company was founded in 1870 and is headquartered in Louisville, Kentucky.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.8Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.15 out of 5 stars


Industry, Sector and Symbol

Industry Beverages
Sub-IndustryDistillers & Vintners
CUSIP11563720
CIKN/A
Phone502-585-1100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.36 billion
Cash Flow$1.88 per share
Book Value$4.13 per share

Profitability

Net Income$827 million

Miscellaneous

Employees4,800
Market Cap$31.60 billion
Next Earnings Date8/26/2020 (Estimated)
OptionableNot Optionable

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Brown-Forman (NYSE:BF.B) Frequently Asked Questions

How has Brown-Forman's stock been impacted by COVID-19 (Coronavirus)?

Brown-Forman's stock was trading at $55.73 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BF.B stock has increased by 18.6% and is now trading at $66.07. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Brown-Forman?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown-Forman in the last year. There are currently 4 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Brown-Forman.

When is Brown-Forman's next earnings date?

Brown-Forman is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for Brown-Forman.

How were Brown-Forman's earnings last quarter?

Brown-Forman Co. (NYSE:BF.B) posted its earnings results on Tuesday, June, 9th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.28 by $0.01. The company earned $744 million during the quarter, compared to analyst estimates of $681.12 million. Brown-Forman had a net margin of 24.59% and a return on equity of 43.61%. The firm's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.33 earnings per share. View Brown-Forman's earnings history.

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

Brown-Forman declared a quarterly dividend on Thursday, May 21st. Investors of record on Monday, June 8th will be paid a dividend of $0.174 per share on Wednesday, July 1st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date is Friday, June 5th. View Brown-Forman's dividend history.

When did Brown-Forman's stock split? How did Brown-Forman's stock split work?

Shares of Brown-Forman split on Wednesday, February 28th 2018. The 5-4 split was announced on Tuesday, January 23rd 2018. The newly issued shares were issued to shareholders after the closing bell 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.

What price target have analysts set for BF.B?

9 brokerages have issued twelve-month target prices for Brown-Forman's stock. Their forecasts range from $51.00 to $66.00. On average, they expect Brown-Forman's share price to reach $59.67 in the next year. This suggests that the stock has a possible downside of 9.7%. View analysts' price targets for Brown-Forman.

Has Brown-Forman been receiving favorable news coverage?

Headlines about BF.B stock have trended positive on Thursday, InfoTrie reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Brown-Forman earned a coverage optimism score of 2.1 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news about Brown-Forman.

Are investors shorting Brown-Forman?

Brown-Forman saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 8,570,000 shares, a drop of 8.7% from the May 31st total of 9,390,000 shares. Based on an average daily trading volume, of 1,260,000 shares, the days-to-cover ratio is presently 6.8 days. Currently, 2.8% of the shares of the company are short sold. View Brown-Forman's Current Options Chain.

Who are some of Brown-Forman's key competitors?

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 PepsiCo (PEP), Johnson & Johnson (JNJ), AbbVie (ABBV), Mcdonald's (MCD), 3M (MMM), Starbucks (SBUX), Automatic Data Processing (ADP), Boeing (BA), Emerson Electric (EMR) and Procter & Gamble (PG).

Who are Brown-Forman's key executives?

Brown-Forman's management team includes the following people:
  • Mr. Lawson E. Whiting, CEO, Pres & Director (Age 51)
  • Ms. Jane Cecil Morreau, Exec. VP & CFO (Age 60)
  • Mr. Mark I. McCallum, Exec. VP & Chief Brands Officer (Age 64)
  • Ms. Kelli B. Nelson, VP & Chief Accounting Officer (Age 49)
  • Mr. Jason Koval, VP &Director of Investor Relations

What is Brown-Forman's stock symbol?

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

How do I buy shares of Brown-Forman?

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

What is Brown-Forman's stock price today?

One share of BF.B stock can currently be purchased for approximately $66.07.

How big of a company is Brown-Forman?

Brown-Forman has a market capitalization of $31.60 billion and generates $3.36 billion in revenue each year. The company earns $827 million in net income (profit) each year or $1.72 on an earnings per share basis. Brown-Forman employs 4,800 workers across the globe.

What is Brown-Forman's official website?

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

How can I contact Brown-Forman?

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]

This page was last updated on 7/16/2020 by MarketBeat.com Staff

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