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

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$48.36 -0.57 (-1.16 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$48.93
Today's Range$48.33 - $48.96
52-Week Range$44.57 - $59.58
Volume940,322 shs
Average Volume1.36 million shs
Market Capitalization$23.07 billion
P/E Ratio32.68
Dividend Yield1.35%
Beta0.67
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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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.25 billion
Cash Flow$1.6185 per share
Book Value$2.74 per share

Profitability

Net Income$717 million

Miscellaneous

Employees4,800
Market Cap$23.07 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 declared a quarterly dividend on Tuesday, January 29th. Investors of record on Monday, March 4th will be given a dividend of $0.166 per share on Monday, April 1st. This represents a $0.66 annualized dividend and a yield of 1.37%. The ex-dividend date is Friday, March 1st. 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 on the morning of Wednesday, February 28th 2018. The 5-4 split was announced on Tuesday, January 23rd 2018. The newly issued shares were distributed 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.

How were Brown-Forman's earnings last quarter?

Brown-Forman Co. (NYSE:BF.B) released its quarterly earnings results on Wednesday, December, 5th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.01. The business had revenue of $910 million for the quarter, compared to analysts' expectations of $931.13 million. Brown-Forman had a net margin of 21.01% and a return on equity of 57.47%. 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, 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 earnings per share (EPS) guidance of $1.65-1.75 for the period, compared to the Thomson Reuters consensus 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 equities research analysts have issued 1 year target prices for Brown-Forman's shares. Their predictions range from $47.00 to $65.00. On average, they anticipate Brown-Forman's stock price to reach $54.20 in the next twelve months. This suggests a possible upside of 12.1% 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 2 sell ratings, 4 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?

Press coverage about BF.B stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Brown-Forman earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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:
  • Mr. Lawson E. Whiting, Pres, CEO & 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, 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 $48.36.

How big of a company is Brown-Forman?

Brown-Forman has a market capitalization of $23.07 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:  274 (Vote Outperform)
Underperform Votes:  417 (Vote Underperform)
Total Votes:  691
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 2/19/2019 by MarketBeat.com Staff

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