NYSE:BWA - BorgWarner Stock Price, Forecast & News

BorgWarner trades on the New York Stock Exchange (NYSE) under the ticker symbol "BWA."

BorgWarner announced a quarterly dividend on Thursday, February 13th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.17 per share on Monday, March 16th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date is Friday, February 28th. View BorgWarner's Dividend History.

BorgWarner announced that its board has approved a stock buyback program on Tuesday, January 28th 2020, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 14.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

BorgWarner Inc. (NYSE:BWA) posted its quarterly earnings results on Thursday, February, 13th. The auto parts company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.03 by $0.14. The auto parts company had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.49 billion. BorgWarner had a net margin of 7.34% and a return on equity of 18.68%. The company's quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the business posted $1.21 earnings per share. View BorgWarner's Earnings History.

BorgWarner is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for BorgWarner.

BorgWarner updated its FY20 earnings guidance on Thursday, February, 13th. The company provided earnings per share (EPS) guidance of $3.85-4.15 for the period, compared to the Thomson Reuters consensus estimate of $4.03. The company issued revenue guidance of $9750-10075 million, compared to the consensus revenue estimate of $10.12 billion.

13 equities research analysts have issued 12-month price objectives for BorgWarner's shares. Their forecasts range from $41.00 to $52.00. On average, they expect BorgWarner's stock price to reach $45.15 in the next year. This suggests a possible upside of 32.2% from the stock's current price. View Analyst Price Targets for BorgWarner.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BorgWarner in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for BorgWarner.

Press coverage about BWA stock has trended somewhat positive on Monday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. BorgWarner earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned press coverage about the auto parts company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for BorgWarner.

BorgWarner saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 6,430,000 shares, an increase of 12.8% from the January 15th total of 5,700,000 shares. Based on an average daily trading volume, of 1,370,000 shares, the days-to-cover ratio is presently 4.7 days. Approximately 3.1% of the shares of the stock are sold short. View BorgWarner's Current Options Chain.

Some companies that are related to BorgWarner include Aptiv (APTV), Gentex (GNTX), Lear (LEA), Allison Transmission (ALSN), LCI Industries (LCII), Dana (DAN), Dorman Products (DORM), Visteon (VC), Gentherm (THRM), Standard Motor Products (SMP), American Axle & Manufact. (AXL), Stoneridge (SRI), Spartan Motors (SPAR), Tower International (TOWR) and Tenneco (TEN).

Based on aggregate information from My MarketBeat watchlists, some companies that other BorgWarner investors own include Intel (INTC), Bank of America (BAC), AT&T (T), General Electric (GE), JPMorgan Chase & Co. (JPM), Ford Motor (F), Verizon Communications (VZ), Cisco Systems (CSCO), Walt Disney (DIS) and Caterpillar (CAT).

BorgWarner's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (5.37%), State Street Corp (4.40%), Victory Capital Management Inc. (3.16%), Victory Capital Management Inc. (3.10%), Black Creek Investment Management Inc. (2.53%) and LSV Asset Management (2.23%). Company insiders that own BorgWarner stock include Alexis P Michas, Brady D Ericson, Deborah D Mcwhinney, Joel Wiegert, Thomas J Mcgill, Thomas T Stallkamp and Tonit M Calaway. View Institutional Ownership Trends for BorgWarner.

BWA stock was sold by a variety of institutional investors in the last quarter, including Black Creek Investment Management Inc., Diamond Hill Capital Management Inc., Alecta Pensionsforsakring Omsesidigt, Douglas Lane & Associates LLC, Franklin Resources Inc., Caisse DE Depot ET Placement DU Quebec, Turtle Creek Asset Management Inc. and Strs Ohio. Company insiders that have sold BorgWarner company stock in the last year include Joel Wiegert, Thomas J Mcgill, Thomas T Stallkamp and Tonit M Calaway. View Insider Buying and Selling for BorgWarner.

BWA stock was acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Hexavest Inc., Bank of New York Mellon Corp, AQR Capital Management LLC, Amundi Pioneer Asset Management Inc., FMR LLC, Scopus Asset Management L.P. and Exchange Traded Concepts LLC. View Insider Buying and Selling for BorgWarner.

Shares of BWA 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.

One share of BWA stock can currently be purchased for approximately $34.15.

BorgWarner has a market capitalization of $7.05 billion and generates $10.17 billion in revenue each year. The auto parts company earns $746 million in net income (profit) each year or $4.13 on an earnings per share basis. BorgWarner employs 30,000 workers across the globe.View Additional Information About BorgWarner.

The official website for BorgWarner is http://www.borgwarner.com/.

BorgWarner's mailing address is 3850 HAMLIN RD., AUBURN HILLS MI, 48326. The auto parts company can be reached via phone at 248-754-9200 or via email at [email protected]