S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
How does the Consumer Price Index affect the stock market?
New CBOE “special perk” helps traders target income every weekend (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Closing prices for crude oil, gold and other commodities
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
How does the Consumer Price Index affect the stock market?
New CBOE “special perk” helps traders target income every weekend (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Closing prices for crude oil, gold and other commodities
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
How does the Consumer Price Index affect the stock market?
New CBOE “special perk” helps traders target income every weekend (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Closing prices for crude oil, gold and other commodities
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
How does the Consumer Price Index affect the stock market?
New CBOE “special perk” helps traders target income every weekend (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Closing prices for crude oil, gold and other commodities
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
How major US stock indexes fared Friday, 12/8/2023
MarketBeat Week in Review – 12/4 - 12/8
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
FTC opens inquiry of Chevron-Hess merger, marking second review this week of major oil industry deal
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company

Fortune Brands Innovations Stock Price, News & Analysis (NYSE:FBIN)

$73.43
+1.08 (+1.49%)
(As of 12/8/2023 ET)
Compare
Today's Range
$72.36
$73.52
50-Day Range
$55.19
$73.45
52-Week Range
$49.51
$77.14
Volume
698,822 shs
Average Volume
994,752 shs
Market Capitalization
$9.26 billion
P/E Ratio
21.72
Dividend Yield
1.25%
Price Target
$67.75

Fortune Brands Innovations MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
7.7% Downside
$67.75 Price Target
Short Interest
Healthy
3.12% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.76mentions of Fortune Brands Innovations in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.01%
From $3.87 to $4.18 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

Retail/Wholesale Sector

113th out of 205 stocks

Millwork, Veneer, Plywood, & Structural Wood Members Industry

2nd out of 4 stocks


FBIN stock logo

About Fortune Brands Innovations Stock (NYSE:FBIN)

Fortune Brands Innovations, Inc. provides home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally. The company operates through two segments: Water Innovations; and Outdoors & Security. The Water Innovations segment manufactures or assembles, and sells faucets, accessories, kitchen sinks, and waste disposals under the Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, and Shaws brands. The Outdoors & Security segment manufactures and sells fiberglass and steel entry door systems under the Therma-Tru brand; storm, screen, and security doors under the Larson brand; composite decking, railing, and cladding under the Fiberon brand; and urethane millwork under the Fypon brand. This segment also manufactures, sources, and distributes locks, safety and security devices, and electronic security products under the Master Lock and American Lock brands; and fire-resistant safes, security containers, and commercial cabinets under the SentrySafe brand. The company sells its products through various sales channels, including kitchen and bath dealers, wholesalers oriented toward builders or professional remodelers, industrial and locksmith distributors, do-it-yourself remodeling-oriented home centers, showrooms, e-commerce, and other retail outlets. Fortune Brands Innovations, Inc. was incorporated in 1988 and is headquartered in Deerfield, Illinois.

FBIN Stock Price History

FBIN Stock News Headlines

Should You Invest in Fortune Brands Innovations (FBIN)?
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Fortune Brands Innovations Inc's Dividend Analysis
Fortune Brands Innovations Inc FBIN
Q3 2023 MasterBrand Inc Earnings Call
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Q3 2023 Fortune Brands Innovations Inc Earnings Call
Fortune Brands Innovations (NYSE: FBIN)
See More Headlines
Receive FBIN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Fortune Brands Innovations and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 9/13 Dividend
8/24/2023
Dividend Payable
9/13/2023
Last Earnings
10/25/2023
Ex-Dividend for 12/13 Dividend
11/22/2023
Today
12/09/2023
Dividend Payable
12/13/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Millwork, veneer, plywood, & structural wood members
Sub-Industry
N/A
Employees
11,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$67.75
High Stock Price Target
$88.00
Low Stock Price Target
$48.00
Potential Upside/Downside
-7.8%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$686.70 million
Pretax Margin
12.38%

Debt

Sales & Book Value

Annual Sales
$4.60 billion
Cash Flow
$6.05 per share
Book Value
$16.27 per share

Miscellaneous

Free Float
124,582,000
Market Cap
$9.26 billion
Optionable
Not Optionable
Beta
1.59
Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives

  • Mr. Nicholas Ian Fink (Age 48)
    CEO & Director
    Comp: $2.45M
  • Ms. Cheri M. Phyfer (Age 51)
    Executive VP & Group President
    Comp: $962.64k
  • Ms. Hiranda S. Donoghue (Age 44)
    Executive VP, Chief Legal Officer & Corporate Secretary
    Comp: $763.15k
  • Ms. Sheri R. Grissom (Age 59)
    Executive VP and Chief Human Resource & Transformation Officer
    Comp: $810.7k
  • Mr. Brett E. Finley (Age 52)
    Advisor
    Comp: $655.08k
  • Mr. David V. Barry
    Executive VP & CFO
  • Mr. Mark-Hans Richer (Age 56)
    Chief Marketing Officer
  • Mr. Dong Gu Lee (Age 50)
    Executive VP and Chief Growth & Digital Officer
  • Mr. Ron Wilson (Age 57)
    Executive VP & Chief Supply Chain Officer
  • Mr. Danny Luburic (Age 52)
    VP & Corporate Controller














FBIN Stock Analysis - Frequently Asked Questions

Should I buy or sell Fortune Brands Innovations stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fortune Brands Innovations in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FBIN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FBIN, but not buy additional shares or sell existing shares.
View FBIN analyst ratings
or view top-rated stocks.

What is Fortune Brands Innovations' stock price target for 2024?

12 brokers have issued twelve-month target prices for Fortune Brands Innovations' stock. Their FBIN share price targets range from $48.00 to $88.00. On average, they predict the company's stock price to reach $67.75 in the next twelve months. This suggests that the stock has a possible downside of 7.7%.
View analysts price targets for FBIN
or view top-rated stocks among Wall Street analysts.

How have FBIN shares performed in 2023?

Fortune Brands Innovations' stock was trading at $57.11 at the start of the year. Since then, FBIN shares have increased by 28.6% and is now trading at $73.43.
View the best growth stocks for 2023 here
.

Are investors shorting Fortune Brands Innovations?

Fortune Brands Innovations saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 3,910,000 shares, an increase of 12.0% from the October 31st total of 3,490,000 shares. Based on an average daily volume of 1,060,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 3.1% of the company's stock are short sold.
View Fortune Brands Innovations' Short Interest
.

When is Fortune Brands Innovations' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our FBIN earnings forecast
.

How were Fortune Brands Innovations' earnings last quarter?

Fortune Brands Innovations, Inc. (NYSE:FBIN) issued its quarterly earnings results on Wednesday, October, 25th. The company reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $1.07 by $0.12. The business had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.25 billion. Fortune Brands Innovations had a net margin of 9.42% and a trailing twelve-month return on equity of 24.05%.

How often does Fortune Brands Innovations pay dividends? What is the dividend yield for Fortune Brands Innovations?

Fortune Brands Innovations announced a quarterly dividend on Tuesday, September 19th. Investors of record on Friday, November 24th will be given a dividend of $0.23 per share on Wednesday, December 13th. This represents a $0.92 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Wednesday, November 22nd.
Read our dividend analysis for FBIN
.

Is Fortune Brands Innovations a good dividend stock?

Fortune Brands Innovations (NYSE:FBIN) pays an annual dividend of $0.92 per share and currently has a dividend yield of 1.27%. The dividend payout ratio is 27.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBIN will have a dividend payout ratio of 22.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FBIN.

What guidance has Fortune Brands Innovations issued on next quarter's earnings?

Fortune Brands Innovations issued an update on its fourth quarter earnings guidance on Wednesday, October, 25th. The company provided EPS guidance of $0.63-0.73 for the period, compared to the consensus EPS estimate of $1.01. The company issued revenue guidance of $1164-1211 million, compared to the consensus revenue estimate of $1.21 billion.

Who are Fortune Brands Innovations' major shareholders?

Fortune Brands Innovations' stock is owned by many different institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (4.27%), Wellington Management Group LLP (2.74%), Federated Hermes Inc. (1.62%), Northern Trust Corp (1.31%), FMR LLC (1.21%) and Massachusetts Financial Services Co. MA (1.18%).
View institutional ownership trends
.

How do I buy shares of Fortune Brands Innovations?

Shares of FBIN 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.

This page (NYSE:FBIN) was last updated on 12/9/2023 by MarketBeat.com Staff

My Account -