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

$63.65
-0.65 (-1.01 %)
(As of 09/22/2019 05:46 AM ET)
Today's Range
$63.50
Now: $63.65
$64.33
50-Day Range
$53.98
MA: $58.94
$64.91
52-Week Range
$44.57
Now: $63.65
$65.83
Volume4.10 million shs
Average Volume1.77 million shs
Market Capitalization$30.38 billion
P/E Ratio37.60
Dividend Yield1.03%
Beta0.65
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.32 billion
Cash Flow$1.8815 per share
Book Value$3.48 per share

Profitability

Net Income$835 million

Miscellaneous

Employees4,700
Market Cap$30.38 billion
Next Earnings Date12/4/2019 (Estimated)
OptionableNot Optionable

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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 declared a quarterly dividend on Thursday, July 25th. Investors of record on Friday, September 6th will be given a dividend of $0.166 per share on Tuesday, October 1st. This represents a $0.66 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend is Thursday, September 5th. View Brown-Forman's Dividend History.

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

Brown-Forman shares 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 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.

How were Brown-Forman's earnings last quarter?

Brown-Forman Co. (NYSE:BF.B) released its earnings results on Wednesday, August, 28th. The company reported $0.39 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.02. The company had revenue of $766 million for the quarter, compared to analyst estimates of $773.14 million. Brown-Forman had a net margin of 24.70% and a return on equity of 52.13%. The firm's revenue for the quarter was up .0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.41 earnings per share. View Brown-Forman's Earnings History.

When is Brown-Forman's next earnings date?

Brown-Forman is scheduled to release their next quarterly earnings announcement on Wednesday, December 4th 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 FY20 earnings guidance on Wednesday, August, 28th. The company provided earnings per share (EPS) guidance of $1.75-1.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.79. The company issued revenue guidance of $3.49-3.56 billion (+5-7%), compared to the consensus revenue estimate of $3.49 billion.

What price target have analysts set for BF.B?

8 analysts have issued 1 year target prices for Brown-Forman's shares. Their forecasts range from $47.00 to $66.00. On average, they anticipate Brown-Forman's share price to reach $57.4286 in the next year. This suggests that the stock has a possible downside of 9.8%. 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 2 sell ratings, 5 hold ratings and 1 buy rating 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. According to Zacks Investment Research, "Brown-Forman underperformed the industry year to date. Tariff-related costs continued to hurt gross margins in the fiscal third quarter, which is likely to continue in the fiscal fourth quarter. Further, underlying net sales began witnessing the pinch of tariff-costs in the fiscal third quarter, in addition to prior impacts on cost of sales and gross margin. Additionally, unfavorable currency rates remain a headwind. However, the company has a robust earnings surprise trend that continued in third-quarter fiscal 2019. Notably, it has reported earnings beat for seven consecutive quarters. Moreover, underlying sales improved for the 10th straight quarter in fiscal third quarter owing to broad-based growth across geographies and balanced contribution from its portfolio of brands. Further, the company is confident of capitalizing on its American Whiskey strategy while benefiting from investments in its brands’ portfolio." (5/24/2019)
  • 2. 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)

Has Brown-Forman been receiving favorable news coverage?

Headlines about BF.B stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Brown-Forman earned a coverage optimism score of -1.3 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Brown-Forman.

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 Starbucks (SBUX), Johnson & Johnson (JNJ), 3M (MMM), Procter & Gamble (PG), Netflix (NFLX), PepsiCo (PEP), Emerson Electric (EMR), Mcdonald's (MCD), Cisco Systems (CSCO) and Altria Group (MO).

Who are Brown-Forman's key executives?

Brown-Forman's management team includes the folowing 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

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 $63.65.

How big of a company is Brown-Forman?

Brown-Forman has a market capitalization of $30.38 billion and generates $3.32 billion in revenue each year. The company earns $835 million in net income (profit) each year or $1.73 on an earnings per share basis. Brown-Forman employs 4,700 workers across the globe.View Additional Information About Brown-Forman.

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:  307 (Vote Outperform)
Underperform Votes:  456 (Vote Underperform)
Total Votes:  763
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 9/22/2019 by MarketBeat.com Staff

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