Brady (BRC) Stock Forecast, Price & News

0 Wall Street analysts have issued 1 year price objectives for Brady's shares. Their BRC share price forecasts range from $44.00 to $44.00. On average, they anticipate the company's share price to reach $44.00 in the next twelve months. This suggests that the stock has a possible downside of 10.7%.
View analysts price targets for BRC or view top-rated stocks among Wall Street analysts.

Brady's stock was trading at $47.10 at the beginning of the year. Since then, BRC shares have increased by 4.6% and is now trading at $49.29.
View the best growth stocks for 2023 here.

Brady saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,240,000 shares, an increase of 19.2% from the April 30th total of 1,040,000 shares. Based on an average trading volume of 260,300 shares, the short-interest ratio is presently 4.8 days. Approximately 2.8% of the shares of the company are short sold.
View Brady's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 7th 2023.
View our BRC earnings forecast.

Brady Co. (NYSE:BRC) posted its quarterly earnings results on Friday, February, 24th. The industrial products company reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.03. The industrial products company earned $326.20 million during the quarter, compared to analyst estimates of $319.39 million. Brady had a net margin of 12.71% and a trailing twelve-month return on equity of 18.40%. The business's revenue was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.70 earnings per share.

Brady declared a quarterly dividend on Wednesday, May 17th. Shareholders of record on Monday, July 10th will be given a dividend of $0.23 per share on Monday, July 31st. This represents a $0.92 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend is Friday, July 7th.
Read our dividend analysis for BRC.

ETFs with the largest weight of Brady (NYSE:BRC) stock in their portfolio include Invesco S&P SmallCap Industrials ETF (PSCI), ProShares Russell US Dividend Growers ETF (TMDV), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Low Volatility ETF (XSLV), Schwab Ariel ESG ETF (SAEF), Qraft AI-Enhanced Next Value ETF (NVQ), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Convergence Long/Short Equity ETF (CLSE).

Brady (NYSE:BRC) pays an annual dividend of $0.92 per share and currently has a dividend yield of 1.93%. The company has been increasing its dividend for 37 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BRC will have a dividend payout ratio of 25.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BRC.

Brady issued an update on its FY 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of $3.45-$3.60 for the period, compared to the consensus estimate of $3.48. The company issued revenue guidance of -.

179 employees have rated Brady Chief Executive Officer J. Michael Nauman on Glassdoor.com. J. Michael Nauman has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brady investors own include NVIDIA (NVDA), AbbVie (ABBV), AT&T (T), Exxon Mobil (XOM), Pfizer (PFE), 3M (MMM), Target (TGT), Verizon Communications (VZ), Waste Management (WM) and Costco Wholesale (COST).

Brady trades on the New York Stock Exchange (NYSE) under the ticker symbol "BRC."

Brady's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.44%), State Street Corp (8.66%), JPMorgan Chase & Co. (3.86%), Dimensional Fund Advisors LP (2.86%), Renaissance Technologies LLC (2.18%) and Geode Capital Management LLC (1.86%). Insiders that own company stock include Bentley Curran, Elizabeth P Bruno, Frank W Harris and Russell Shaller.
View institutional ownership trends.

Shares of BRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BRC stock can currently be purchased for approximately $49.29.

Brady (NYSE:BRC) has a market capitalization of $2.44 billion and generates $1.30 billion in revenue each year. The industrial products company earns $149.98 million in net income (profit) each year or $3.32 on an earnings per share basis.

The company employs 5,700 workers across the globe.

Brady's mailing address is 6555 West Good Hope Road, Milwaukee WI, 53223. The official website for the company is www.bradyid.com. The industrial products company can be reached via phone at (888) 250-3082, via email at ann_thornton@bradycorp.com, or via fax at 800-292-2289.