S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NYSE:FBIN

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

$76.30
-1.26 (-1.62%)
(As of 04/15/2024 ET)
Today's Range
$75.81
$78.48
50-Day Range
$76.30
$84.67
52-Week Range
$54.10
$84.92
Volume
970,631 shs
Average Volume
1.06 million shs
Market Capitalization
$9.59 billion
P/E Ratio
24.07
Dividend Yield
1.26%
Price Target
$77.63

Fortune Brands Innovations MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.7% Upside
$77.63 Price Target
Short Interest
Healthy
1.80% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.88mentions of Fortune Brands Innovations in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$162,200 Sold Last Quarter
Proj. Earnings Growth
11.94%
From $4.27 to $4.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.68 out of 5 stars

Retail/Wholesale Sector

125th out of 203 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 three segments: Water, Outdoors, and Security. The Water segment manufactures or assembles, and sells faucets, accessories, kitchen sinks, and waste disposals under the Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, Shaws, Emtek, and Schaub brands. The Outdoors 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. The Security segment manufactures, sources, and distributes locks, safety and security devices, and electronic security products under the Master Lock, American Lock, Yale, and August 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

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
FBIN Apr 2024 60.000 put
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
FBIN Apr 2024 70.000 call
FBIN Mar 2024 110.000 call
Therma-Tru launches 2024 new products
Market Update: AMZN, ETN, ITW, MKTX, SKX, FBIN, PTON
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 3/13 Dividend
2/22/2024
Dividend Payable
3/13/2024
Today
4/15/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Millwork, veneer, plywood, & structural wood members
Sub-Industry
N/A
Employees
11,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$77.63
High Stock Price Target
$95.00
Low Stock Price Target
$63.00
Potential Upside/Downside
+1.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$404.50 million
Pretax Margin
11.19%

Debt

Sales & Book Value

Annual Sales
$4.63 billion
Cash Flow
$5.24 per share
Book Value
$18.19 per share

Miscellaneous

Free Float
124,457,000
Market Cap
$9.59 billion
Optionable
Optionable
Beta
1.57
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FBIN Stock Analysis - Frequently Asked Questions

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

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortune Brands Innovations in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FBIN shares.
View FBIN analyst ratings
or view top-rated stocks.

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

8 brokerages have issued 1-year target prices for Fortune Brands Innovations' shares. Their FBIN share price targets range from $63.00 to $95.00. On average, they predict the company's share price to reach $77.63 in the next year. This suggests a possible upside of 1.7% from the stock's current price.
View analysts price targets for FBIN
or view top-rated stocks among Wall Street analysts.

How have FBIN shares performed in 2024?

Fortune Brands Innovations' stock was trading at $76.14 at the start of the year. Since then, FBIN shares have increased by 0.2% and is now trading at $76.30.
View the best growth stocks for 2024 here
.

When is Fortune Brands Innovations' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our FBIN earnings forecast
.

How can I listen to Fortune Brands Innovations' earnings call?

Fortune Brands Innovations will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Fortune Brands Innovations' earnings last quarter?

Fortune Brands Innovations, Inc. (NYSE:FBIN) announced its quarterly earnings data on Tuesday, January, 30th. The company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.02. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.14 billion. Fortune Brands Innovations had a trailing twelve-month return on equity of 22.61% and a net margin of 8.74%. Fortune Brands Innovations's quarterly revenue was up 2.6% compared to the same quarter last year. During the same period last year, the company posted $1.07 earnings per share.

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, December 12th. Investors of record on Friday, February 23rd will be given a dividend of $0.24 per share on Wednesday, March 13th. This represents a $0.96 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend is Thursday, February 22nd. This is a positive change from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for FBIN
.

Is Fortune Brands Innovations a good dividend stock?

Fortune Brands Innovations (NYSE:FBIN) pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.24%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBIN will have a dividend payout ratio of 20.08% 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 updated its FY 2024 earnings guidance on Tuesday, January, 30th. The company provided EPS guidance of 4.200-4.400 for the period, compared to the consensus earnings per share estimate of 4.190. The company issued revenue guidance of $4.8 billion-$4.9 billion, compared to the consensus revenue estimate of $4.9 billion.

Who are Fortune Brands Innovations' major shareholders?

Fortune Brands Innovations' stock is owned by many different retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.03%), FCF Advisors LLC (0.02%), Wealth Enhancement Advisory Services LLC (0.01%), Clearview Wealth Advisors LLC (0.01%), Franklin Street Advisors Inc. NC (0.01%) and Atlas Capital Advisors LLC (0.00%). Insiders that own company stock include Ann F Hackett and Ronald V Waters.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FBIN) was last updated on 4/16/2024 by MarketBeat.com Staff

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