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Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Elon Did It Again: This Could be Bigger than Tesla (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
NYSE:FBIN

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

$62.16
-0.61 (-0.97%)
(As of 09/29/2023 ET)
Compare
Today's Range
$61.95
$63.57
50-Day Range
$61.62
$75.79
52-Week Range
$49.51
$77.14
Volume
1.22 million shs
Average Volume
1.02 million shs
Market Capitalization
$7.89 billion
P/E Ratio
16.02
Dividend Yield
1.48%
Price Target
$73.09

Fortune Brands Innovations MarketRank™ Forecast

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
17.6% Upside
$73.09 Price Target
Short Interest
Bearish
3.73% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.76mentions of Fortune Brands Innovations in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.03%
From $3.86 to $4.44 Per Share

Overall MarketRank

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

2.37 out of 5 stars

Retail/Wholesale Sector

97th out of 213 stocks

Millwork, Veneer, Plywood, & Structural Wood Members Industry

3rd out of 5 stocks


FBIN stock logo

About Fortune Brands Innovations (NYSE:FBIN) Stock

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 Price History

FBIN Stock News Headlines

Better Than Oil Stocks
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. 
Fortune Brands Innovations, Inc. (NYSE:FBIN) Short Interest Update
Long-Term Returns of Bill Ackman’s Activist Targets
Jefferies Keeps Their Buy Rating on Fortune Brands Innovations (FBIN)
Fortune Brands: Good Growth At A Reasonable Price
Better Than Oil Stocks
The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. 
Fiberon partners with Swatchbox
Fortune Brands Innovations: Q2 Earnings Snapshot
Fortune Brands Innovations (FBIN) Receives a Buy from Barclays
FBIN - Fortune Brands Innovations, Inc.
See More Headlines
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FBIN Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 9/13 Dividend
8/24/2023
Dividend Payable
9/13/2023
Today
10/01/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

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 Forecast
$73.09
High Stock Price Forecast
$90.00
Low Stock Price Forecast
$48.00
Forecasted Upside/Downside
+17.6%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
11 Analysts

Profitability

Net Income
$686.70 million
Pretax Margin
10.37%

Debt

Sales & Book Value

Annual Sales
$4.53 billion
Cash Flow
$5.86 per share
Book Value
$16.27 per share

Miscellaneous

Free Float
125,368,000
Market Cap
$7.89 billion
Optionable
Not Optionable
Beta
1.54
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Key Executives

  • Mr. Nicholas Ian Fink (Age 48)
    CEO & Director
    Comp: $2.45M
  • Ms. Cheri M. Phyfer (Age 51)
    Exec. VP & Group Pres
    Comp: $962.64k
  • Ms. Hiranda S. Donoghue (Age 44)
    Exec. VP, Chief Legal Officer & Corp. Sec.
    Comp: $763.15k
  • Ms. Sheri R. Grissom (Age 59)
    Exec. VP and Chief Human Resource & Transformation Officer
    Comp: $810.7k
  • Mr. Brett E. Finley (Age 52)
    Advisor
    Comp: $655.08k
  • Mr. David V. Barry
    Exec. VP & CFO
  • Mr. Mark-Hans Richer (Age 56)
    Chief Marketing Officer
  • Mr. Dong Gu Lee (Age 50)
    Exec. VP and Chief Growth & Digital Officer
  • Ms. May Russell (Age 45)
    Sr. VP & Chief Digital Officer
  • Mr. Ron Wilson (Age 57)
    Exec. VP & Chief Supply Chain Officer













FBIN Stock - Frequently Asked Questions

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

11 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 4 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 forecast for 2023?

11 brokerages have issued 1-year price targets for Fortune Brands Innovations' stock. Their FBIN share price forecasts range from $48.00 to $90.00. On average, they anticipate the company's share price to reach $73.09 in the next twelve months. This suggests a possible upside of 17.6% 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 2023?

Fortune Brands Innovations' stock was trading at $57.11 at the beginning of the year. Since then, FBIN stock has increased by 8.8% and is now trading at $62.16.
View the best growth stocks for 2023 here
.

Are investors shorting Fortune Brands Innovations?

Fortune Brands Innovations saw a increase in short interest in September. As of September 15th, there was short interest totaling 4,710,000 shares, an increase of 12.7% from the August 31st total of 4,180,000 shares. Based on an average daily trading volume, of 1,050,000 shares, the short-interest ratio is presently 4.5 days. Approximately 3.7% 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 Wednesday, October 25th 2023.
View our FBIN earnings forecast
.

How were Fortune Brands Innovations' earnings last quarter?

Fortune Brands Innovations, Inc. (NYSE:FBIN) issued its earnings results on Thursday, July, 27th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.06. The company earned $1.16 billion during the quarter, compared to analysts' expectations of $1.17 billion. Fortune Brands Innovations had a net margin of 9.29% and a trailing twelve-month return on equity of 25.43%. The business's revenue for the quarter was down 7.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.67 EPS.

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 annualized dividend and a yield of 1.48%. The ex-dividend date 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 1.47%. The dividend payout ratio is 23.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FBIN will have a dividend payout ratio of 20.72% 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 FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $3.75-$3.90 for the period, compared to the consensus earnings per share estimate of $3.81. The company issued revenue guidance of $4.63 billion-$4.72 billion, compared to the consensus revenue estimate of $4.55 billion.

What is Fortune Brands Innovations' stock symbol?

Fortune Brands Innovations trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBIN."

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.

What is Fortune Brands Innovations' stock price today?

One share of FBIN stock can currently be purchased for approximately $62.16.

How much money does Fortune Brands Innovations make?

Fortune Brands Innovations (NYSE:FBIN) has a market capitalization of $7.89 billion and generates $4.53 billion in revenue each year. The company earns $686.70 million in net income (profit) each year or $3.88 on an earnings per share basis.

How many employees does Fortune Brands Innovations have?

The company employs 11,200 workers across the globe.

How can I contact Fortune Brands Innovations?

Fortune Brands Innovations' mailing address is 520 LAKE COOK ROAD, DEERFIELD IL, 60015. The official website for the company is www.fbin.com. The company can be reached via phone at (847) 484-4400, via email at investor.questions@fbhs.com, or via fax at 302-636-5454.

This page (NYSE:FBIN) was last updated on 10/1/2023 by MarketBeat.com Staff

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