Brady (BRC) Stock Forecast, Price & News

0 brokers have issued 1 year target prices for Brady's shares. Their BRC share price forecasts range from $47.00 to $47.00. On average, they anticipate the company's share price to reach $47.00 in the next twelve months. This suggests that the stock has a possible downside of 16.4%.
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 19.4% and is now trading at $56.22.
View the best growth stocks for 2023 here.

Brady saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 897,300 shares, an increase of 17.4% from the August 15th total of 764,300 shares. Based on an average daily trading volume, of 626,800 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.0% of the company's shares are short sold.
View Brady's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our BRC earnings forecast.

Brady Co. (NYSE:BRC) released its quarterly earnings results on Tuesday, September, 5th. The industrial products company reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.11. The industrial products company had revenue of $345.90 million for the quarter, compared to the consensus estimate of $329.29 million. Brady had a trailing twelve-month return on equity of 18.78% and a net margin of 13.13%. Brady's quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.87 earnings per share.

Brady declared a quarterly dividend on Monday, September 4th. Shareholders of record on Tuesday, October 10th will be paid a dividend of $0.235 per share on Tuesday, October 31st. This represents a $0.94 annualized dividend and a yield of 1.67%. The ex-dividend date is Friday, October 6th. This is a boost from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for BRC.

ETFs with the largest weight of Brady (NYSE:BRC) stock in their portfolio include Dividend Performers ETF (IPDP), Invesco S&P SmallCap Industrials ETF (PSCI), Schwab Ariel ESG ETF (SAEF), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Quality ETF (XSHQ), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Timothy Plan US Small Cap Core ETF (TPSC) and VictoryShares US Small Cap Volatility Wtd (CSA).

Brady (NYSE:BRC) pays an annual dividend of $0.92 per share and currently has a dividend yield of 1.65%. The company has been increasing its dividend for 38 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 26.21%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BRC.

Brady issued an update on its FY24 earnings guidance on Tuesday, September, 5th. The company provided earnings per share (EPS) guidance of $3.70-3.95 for the period, compared to the consensus earnings per share estimate of $3.84.

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.12%), State Street Corp (7.98%), JPMorgan Chase & Co. (3.87%), Dimensional Fund Advisors LP (2.96%), Renaissance Technologies LLC (2.42%) and Van Berkom & Associates Inc. (2.13%). Insiders that own company stock include Bentley Curran, Elizabeth P Bruno, Frank W Harris, Nancy Lee Gioia 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.
Compare Top Brokerages Here.

One share of BRC stock can currently be purchased for approximately $56.22.

Brady (NYSE:BRC) has a market capitalization of $2.72 billion and generates $1.33 billion in revenue each year. The industrial products company earns $174.86 million in net income (profit) each year or $3.51 on an earnings per share basis.

The company employs 5,600 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.