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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brown-Forman in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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.
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4 Wall Street research analysts have issued 1 year target prices for Brown-Forman's stock. 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 year. This suggests a possible upside of 33.0% from the stock's current price.
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Brown-Forman's stock was trading at $57.10 at the beginning of the year. Since then, BF.B shares have decreased by 13.5% and is now trading at $49.39.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
View our BF.B earnings forecast.

Brown-Forman Co. (NYSE:BF.B) released its earnings results on Wednesday, March, 6th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.04. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.13 billion. Brown-Forman had a trailing twelve-month return on equity of 29.01% and a net margin of 22.65%. The firm's revenue for the quarter was down 1.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.47 EPS.
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Brown-Forman announced a quarterly dividend on Tuesday, January 23rd. Stockholders of record on Friday, March 8th will be given a dividend of $0.218 per share on Monday, April 1st. This represents a $0.87 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, March 7th.
Read our dividend analysis for BF.B.

Brown-Forman (NYSE:BF.B) pays an annual dividend of $0.87 per share and currently has a dividend yield of 1.76%. 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 43.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BF.B.

ETFs with the largest weight of Brown-Forman (NYSE:BF.B) stock in their portfolio include First Trust Nasdaq Food & Beverage ETF (FTXG), B.A.D. Etf (BAD), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), Victoryshares Dividend Accelerator ETF (VSDA), Invesco Bloomberg Analyst Rating Improvers ETF (RYJ), Invesco Bloomberg Pricing Power ETF (DEF) and Constrained Capital ESG Orphans ETF (ORFN).

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 issued 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.

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).

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.
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