NYSE:BF.B - Brown-Forman Stock Price, News, & Analysis

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$45.93 -0.86 (-1.84 %)
(As of 12/9/2018 02:59 PM ET)
Previous Close$45.93
Today's Range$45.62 - $47.30
52-Week Range$45.62 - $59.58
Volume1.58 million shs
Average Volume1.12 million shs
Market Capitalization$22.10 billion
P/E Ratio31.03
Dividend Yield1.45%
Beta0.85
Brown-Forman Corporation is a spirit and wine company. The Company manufactures, bottles, imports, exports, markets and sells a range of alcoholic beverages. The Company has a portfolio of approximately 40 spirit, wine and ready-to-drink cocktail (RTD) brands. Its principal brands include Jack Daniel's Tennessee Whiskey, Jack Daniel's RTDs, Jack Daniel's Tennessee Honey, Gentleman Jack Rare Tennessee Whiskey, Jack Daniel's Tennessee Fire, Jack Daniel's Single Barrel Collection, Jack Daniel's Sinatra Select, Jack Daniel's Winter Jack, Jack Daniel's No. 27 Gold Tennessee Whiskey, Finlandia Vodkas, Finlandia RTDs, Korbel California Brandy, Woodford Reserve Kentucky Bourbons, el Jimador Tequilas, el Jimador New Mix RTDs, Herradura Tequilas, Canadian Mist Canadian Whisky, Sonoma-Cutrer California Wines, Early Times Kentucky Whisky and Bourbon, Chambord Liqueur, Old Forester Kentucky Bourbon, Antiguo Tequila, Pepe Lopez Tequila, Santa Dose Cachaca and Collingwood Canadian Whisky.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Beverages
Sub-IndustryDistillers & Vintners
SectorConsumer Staples
Current SymbolNYSE:BF.B
Previous Symbol
CUSIP11563720
Phone502-585-1100

Debt

Debt-to-Equity Ratio1.53
Current Ratio3.06
Quick Ratio1.35

Price-To-Earnings

Trailing P/E Ratio31.03
Forward P/E Ratio27.18
P/E Growth3.03

Sales & Book Value

Annual Sales$3.25 billion
Price / Sales6.80
Cash Flow$1.6258 per share
Price / Cash Flow28.25
Book Value$3.11 per share
Price / Book14.77

Profitability

EPS (Most Recent Fiscal Year)$1.48
Net Income$717 million
Net Margins21.01%
Return on Equity57.47%
Return on Assets15.32%

Miscellaneous

Employees4,800
Outstanding Shares481,110,000
Market Cap$22.10 billion
OptionableNot Optionable

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

What is Brown-Forman's stock symbol?

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

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

Brown-Forman announced a quarterly dividend on Thursday, November 15th. Stockholders of record on Thursday, December 6th will be given a dividend of $0.166 per share on Wednesday, January 2nd. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend is Wednesday, December 5th. This is a positive change from Brown-Forman's previous quarterly dividend of $0.16. View Brown-Forman's Dividend History.

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

Brown-Forman's stock split before market open on Wednesday, February 28th 2018. The 5-4 split was announced on Tuesday, January 23rd 2018. The newly created shares were distributed 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.

When is Brown-Forman's next earnings date?

Brown-Forman is scheduled to release their next quarterly earnings announcement on Wednesday, March 6th 2019. View Earnings Estimates for Brown-Forman.

What guidance has Brown-Forman issued on next quarter's earnings?

Brown-Forman issued an update on its FY19 earnings guidance on Thursday, December, 6th. The company provided EPS guidance of $1.65-1.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.70. The company issued revenue guidance of +6-7% to ~$3.44-3.48 billion, compared to the consensus revenue estimate of $3.39 billion.

What price target have analysts set for BF.B?

8 brokerages have issued 1 year price objectives for Brown-Forman's stock. Their forecasts range from $53.00 to $65.00. On average, they expect Brown-Forman's share price to reach $58.40 in the next year. This suggests a possible upside of 27.2% from the stock's current price. View Analyst Price Targets for Brown-Forman.

What is the consensus analysts' recommendation for Brown-Forman?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brown-Forman in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Brown-Forman.

What are Wall Street analysts saying about Brown-Forman stock?

Here are some recent quotes from research analysts about Brown-Forman stock:
  • 1. Pivotal Research analysts commented, "We see this as pro- growth and as a further investment in the near double-digit growth that B-F has enjoyed in well-developed international markets. EBIT margin at 36.5% fell 140 BP yet was better than estimates (PVTL 34.8%/Street 35.6%) on a decline in SG&A; advertising spending fell 8%. The adjusted tax rate was 19.5%, favorable to our estimate and 830 BP lower than LY. Average diluted shares outstanding were up 0.1%; yet the company repurchase $122 million of its shares in the quarter. FY19 guidance remains $1.65-$1.75 compares to and GAAP EPS of $1.53. Guidance continues to imply 6%-7% underlying FY19 sales growth and the tariffs are assumed to remain. Our estimates remain $1.75 for for FY20. We have trimmed our sales growth slightly, but EBIT margins are a bit higher than previously and tax rate is a bit lower." (12/5/2018)
  • 2. According to Zacks Investment Research, "Despite a strong start to fiscal 2019, Brown-Forman trimmed earnings view for the fiscal year reflecting the anticipated impacts of Trump’s tariffs on operating income. Trump’s 25% increase in tariffs on imported American whiskey is likely to raise the price of Jack Daniel’s Tennessee in the European Union. The price increases may result in lower demand and imports in Europe, which can significantly hurt the company’s top line, as Europe accounts for nearly one-fourth of its revenues. However, the company has a robust surprise trend with fifth straight earnings beat in first-quarter fiscal 2019. This has aided Brown-Forman to outperform the industry in the past year. The company is benefiting from solid growth in underlying sales, improved margins, continued momentum in focus categories, and strength in American whiskey. Further, it is confident of capitalizing on its American Whiskey strategy." (12/3/2018)

Has Brown-Forman been receiving favorable news coverage?

Media coverage about BF.B stock has trended positive this week, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brown-Forman earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock's share price in the next few days.

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

Who are Brown-Forman's key executives?

Brown-Forman's management team includes the folowing people:
  • Paul C. Varga, Chairman of the Board, Chief Executive Officer (Age 53)
  • Garvin Brown IV, Co-Chairman of the Board (Age 48)
  • Jane C. Morreau, Chief Financial Officer, Executive Vice President (Age 58)
  • Lawson E. Whiting, Chief Operating Officer (Age 49)
  • Kirsten M. Hawley, Chief Human Resource Officer, Senior Vice President (Age 47)
  • Matthew E. Hamel, Executive Vice President, General Counsel, Secretary (Age 57)
  • Jill Ackerman Jones, Executive Vice President; President - North America and Latin America,IMEA (Age 51)
  • Mark I. McCallum, Executive Vice President,President- Jack Daniel’s Brands (Age 62)
  • Brian P. Fitzgerald, Senior Vice President, Chief Accounting Officer (Age 44)
  • Alejandro Alvarez, Senior Vice President, Chief Production Officer (Age 49)

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, Scottrade, Fidelity and Charles Schwab.

What is Brown-Forman's stock price today?

One share of BF.B stock can currently be purchased for approximately $45.93.

How big of a company is Brown-Forman?

Brown-Forman has a market capitalization of $22.10 billion and generates $3.25 billion in revenue each year. The company earns $717 million in net income (profit) each year or $1.48 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 http://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]


MarketBeat Community Rating for Brown-Forman (NYSE BF.B)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  259 (Vote Outperform)
Underperform Votes:  397 (Vote Underperform)
Total Votes:  656
MarketBeat's community ratings are surveys of what our community members think about Brown-Forman and other stocks. Vote "Outperform" if you believe BF.B will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BF.B will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/9/2018 by MarketBeat.com Staff

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