S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
New CBOE “special perk” helps traders target income every weekend (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
New CBOE “special perk” helps traders target income every weekend (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
New CBOE “special perk” helps traders target income every weekend (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
New CBOE “special perk” helps traders target income every weekend (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
New CBOE “special perk” helps traders target income every weekend (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

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

$72.59
+1.00 (+1.40%)
(As of 12/6/2023 ET)
Compare
Today's Range
$72.47
$73.82
50-Day Range
$55.19
$72.59
52-Week Range
$49.51
$77.14
Volume
869,605 shs
Average Volume
1.08 million shs
Market Capitalization
$9.15 billion
P/E Ratio
21.48
Dividend Yield
1.27%
Price Target
$67.75

Fortune Brands Innovations MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
6.7% 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
1.77mentions of Fortune Brands Innovations in the last 14 days
Based on 3 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.

2.08 out of 5 stars

Retail/Wholesale Sector

102nd out of 168 stocks

Millwork, Veneer, Plywood, & Structural Wood Members Industry

3rd out of 5 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)?
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
Fortune Brands Innovations Inc's Dividend Analysis
Fortune Brands Innovations Inc FBIN
Q3 2023 MasterBrand Inc Earnings Call
Americans Now Favor Gold Over Stocks as an Investment Vehicle
Americans now consider gold a better long-term investment than stocks for the first time since 2013. But physical gold requires storage and insurance, and gold mining stocks come with significant risks. Fortunately, investors have found a little-known way to benefit from gold that avoids many of these challenges.
Q3 2023 Fortune Brands Innovations Inc Earnings Call
Fortune Brands Innovations (NYSE: FBIN)
Long-Term Returns of Bill Ackman’s Activist Targets
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
12/06/2023
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
-6.7%
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
$5.97 per share
Book Value
$16.27 per share

Miscellaneous

Free Float
124,582,000
Market Cap
$9.15 billion
Optionable
Not Optionable
Beta
1.59
7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

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 research analysts have issued "buy," "hold," and "sell" ratings for Fortune Brands Innovations in the last year. There are currently 2 sell ratings, 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 1 year price objectives for Fortune Brands Innovations' stock. Their FBIN share price targets range from $48.00 to $88.00. On average, they predict the company's share price to reach $67.75 in the next twelve months. This suggests that the stock has a possible downside of 6.7%.
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 27.1% and is now trading at $72.59.
View the best growth stocks for 2023 here
.

Are investors shorting Fortune Brands Innovations?

Fortune Brands Innovations saw a increase in short interest during 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 currently 3.7 days. Currently, 3.1% of the shares of the 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) posted its earnings results on Wednesday, October, 25th. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.12. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate 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 declared a quarterly dividend on Tuesday, September 19th. Investors of record on Friday, November 24th will be paid a dividend of $0.23 per share on Wednesday, December 13th. This represents a $0.92 annualized dividend and a yield of 1.27%. 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 1.29%. 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 12/7/2023 by MarketBeat.com Staff

My Account -