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.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Distillers & Wineries
- Sub-Industry: Distillers & Vintners
- Symbol: NYSE:BF.B
- CUSIP: 11563720
- Web: www.brown-forman.com
- Trailing P/E Ratio: N/A
- P/E Growth: N/A
- Annual Dividend: $0.73
- Dividend Yield: 1.4%
- Net Margins: 17.84%
- Return on Equity: 53.63%
- Return on Assets: 15.04%
- Debt-to-Equity Ratio: 1.21%
- Current Ratio: 2.30%
- Quick Ratio: 1.07%
Frequently Asked Questions for Brown Forman Corporation (NYSE:BF.B)
What is Brown Forman Corporation's stock symbol?
Brown Forman Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "BF.B."
How often does Brown Forman Corporation pay dividends? What is the dividend yield for Brown Forman Corporation?
Brown Forman Corporation announced a quarterly dividend on Friday, July 28th. Shareholders of record on Thursday, September 7th will be given a dividend of $0.183 per share on Monday, October 2nd. This represents a $0.73 dividend on an annualized basis and a yield of Infinity. The ex-dividend date is Wednesday, September 6th. This is an increase from Brown Forman Corporation's previous quarterly dividend of $0.17. View Brown Forman Corporation's Dividend History.
How were Brown Forman Corporation's earnings last quarter?
Brown Forman Corporation (NYSE:BF.B) announced its quarterly earnings results on Wednesday, August, 30th. The company reported $0.46 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.07. The company had revenue of $723 million for the quarter, compared to analysts' expectations of $690.38 million. Brown Forman Corporation had a return on equity of 53.63% and a net margin of 17.84%. The company's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.36 EPS. View Brown Forman Corporation's Earnings History.
When will Brown Forman Corporation make its next earnings announcement?
What guidance has Brown Forman Corporation issued on next quarter's earnings?
Brown Forman Corporation issued an update on its FY18 earnings guidance on Wednesday, August, 30th. The company provided earnings per share guidance of $1.85-1.95 for the period, compared to the Thomson Reuters consensus estimate of $1.85.
Where is Brown Forman Corporation's stock going? Where will Brown Forman Corporation's stock price be in 2017?
10 equities research analysts have issued twelve-month price targets for Brown Forman Corporation's stock. Their predictions range from $45.00 to $62.00. On average, they expect Brown Forman Corporation's stock price to reach $50.50 in the next year. View Analyst Ratings for Brown Forman Corporation.
Who are some of Brown Forman Corporation's key competitors?
Some companies that are related to Brown Forman Corporation include Kimberly-Clark Corporation (KMB), Estee Lauder Companies, Inc. (The) (EL), Constellation Brands (STZ), Pernod Ricard SA (PDRDY), Fomento Economico Mexicano S.A.B. de C.V. (FMX), Henkel AG & Co. (HENKY), Monster Beverage Corporation (MNST), General Mills (GIS), Kao Corp. (KCRPY), Sysco Corporation (SYY), Archer-Daniels-Midland Company (ADM), Tyson Foods (TSN), Ahold NV (ADRNY), Hershey Company (The) (HSY), Kellogg Company (K), Brown Forman Corporation (BF.A), Kirin Holdings (KNBWY) and Swatch Group AG (SWGAY).
Who are Brown Forman Corporation's key executives?
Brown Forman Corporation's management team includes the folowing people:
- Paul C. Varga, Chairman of the Board, Chief Executive Officer
- Garvin Brown IV, Co-Chairman of the Board
- Jane C. Morreau, Chief Financial Officer, Executive Vice President
- Kirsten M. Hawley, Chief Human Resource Officer, Senior Vice President
- Matthew E. Hamel, Executive Vice President, General Counsel, Secretary
- Jill Ackerman Jones, Executive Vice President; President - North America and Latin America,IMEA
- Mark I. McCallum, Executive Vice President,President- Jack Daniel’s Brands
- Lawson E. Whiting, Executive Vice President and Chief Brands and Strategy Officer
- Brian P. Fitzgerald, Senior Vice President, Chief Accounting Officer
- Alejandro Alvarez, Senior Vice President, Chief Production Officer
How do I buy Brown Forman Corporation stock?
MarketBeat Community Rating for Brown Forman Corporation (NYSE BF.B)MarketBeat's community ratings are surveys of what our community members think about Brown Forman Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Shares of Brown Forman Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
Consensus Ratings for Brown Forman Corporation (NYSE:BF.B) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 8 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$50.50 (Infinity upside)|
Analysts' Ratings History for Brown Forman Corporation (NYSE:BF.B)
(Data available from 9/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/18/2017||Berenberg Bank||Reiterated Rating||Hold||$46.00||Low|
|9/4/2017||Pivotal Research||Reiterated Rating||Buy||$62.00||Low|
|8/24/2017||Cowen and Company||Reiterated Rating||Hold||$52.00||Low|
|7/27/2017||Royal Bank Of Canada||Reiterated Rating||Neutral -> Hold||High|
|6/13/2017||Deutsche Bank AG||Reiterated Rating||Hold||$50.00||Low|
|6/13/2017||Credit Suisse Group||Downgrade||Outperform -> Hold||$51.00 -> $53.00||Low|
|6/8/2017||Societe Generale||Downgrade||Hold -> Sell||High|
|5/24/2017||Citigroup Inc.||Downgrade||Buy -> Neutral||Low|
|3/8/2017||Stifel Nicolaus||Boost Price Target||Hold||$42.00 -> $45.00||Medium|
|12/22/2016||SunTrust Banks, Inc.||Downgrade||Buy -> Hold||$55.00 -> $45.00||N/A|
|7/13/2016||Bank of America Corporation||Downgrade||Neutral -> Underperform||N/A|
|2/26/2016||Sterne Agee CRT||Downgrade||Buy -> Neutral||N/A|
|9/28/2015||Morgan Stanley||Downgrade||Equal Weight -> Underweight||N/A|
Earnings History for Brown Forman Corporation (NYSE:BF.B)Earnings History by Quarter for Brown Forman Corporation (NYSE BF.B)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|12/6/2017|| || || || || || || || |
|8/30/2017||Q1||$0.39||$0.46||$690.38 million||$723.00 million||View||N/A|
|3/7/2017||Q3||$0.47||$0.47||$801.04 million||$808.00 million||View||Listen|
|8/31/2016||Q1||$0.37||$0.36||$875.50 million||$856.00 million||View||Listen|
|12/2/2015||$1.00||$0.97||$1.10 billion||$1.10 billion||View||N/A|
|8/26/2015||Q1||$0.74||$0.75||$947.14 million||$900.00 million||View||Listen|
|3/4/2015||Q3||$0.86||$0.87||$1.12 billion||$1.09 billion||View||N/A|
|12/3/2014||Q215||$1.04||$0.97||$1.15 billion||$1.14 billion||View||N/A|
|8/27/2014||Q115||$0.72||$0.70||$947.90 million||$921.00 million||View||N/A|
|6/4/2014||Q414||$0.58||$0.62||$923.73 million||$893.00 million||View||N/A|
|3/5/2014||Q3||$0.75||$0.82||$1.07 billion||$1.08 billion||View||N/A|
|12/4/2013||Q2||$0.91||$0.96||$1.11 billion||$1.08 billion||View||Listen|
|8/28/2013||$0.71||$0.66||$906.30 million||$896.00 million||View||N/A|
|6/5/2013||$0.46||$0.52||$861.40 million||$866.00 million||View||N/A|
|3/6/2013||Q313||$0.70||$0.73||$1.03 billion||$1.03 billion||View||N/A|
|12/5/2012||$0.78||$0.80||$1.05 billion||$1.01 billion||View||N/A|
|12/9/2010||$1.00||$1.05||$917.61 million||$905.70 million||View||N/A|
Earnings Estimates for Brown Forman Corporation (NYSE:BF.B)
Current Year EPS Consensus Estimate: $1.91 EPS
Next Year EPS Consensus Estimate: $2.05 EPS
Current Dividend Information for Brown Forman Corporation (NYSE:BF.B)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||40.56% (Trailing 12 Months of Earnings) |
38.22% (Based on This Year's Estimates)
35.61% (Based on Next Year's Estimates)
Dividend History by Quarter for Brown Forman Corporation (NYSE BF.B)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Brown Forman Corporation (NYSE:BF.B)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Brown Forman Corporation (NYSE:BF.B)
Latest Headlines for Brown Forman Corporation (NYSE:BF.B)
Brown Forman Corporation (BF.B) Chart for Tuesday, September, 26, 2017