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Critical asset just had biggest fall on record (Ad)
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Critical asset just had biggest fall on record (Ad)
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Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
NYSE:FBIN

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

$82.91
+1.57 (+1.93%)
(As of 03/1/2024 ET)
Today's Range
$80.83
$83.04
50-Day Range
$74.02
$82.91
52-Week Range
$54.10
$83.04
Volume
922,642 shs
Average Volume
1.06 million shs
Market Capitalization
$10.46 billion
P/E Ratio
26.15
Dividend Yield
1.16%
Price Target
$74.33

Fortune Brands Innovations MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
10.3% Downside
$74.33 Price Target
Short Interest
Healthy
1.55% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.81mentions of Fortune Brands Innovations in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.82%
From $4.29 to $4.84 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.

2.86 out of 5 stars

Retail/Wholesale Sector

95th out of 210 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

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
FBIN Apr 2024 70.000 call
FBIN Mar 2024 110.000 call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Therma-Tru launches 2024 new products
Market Update: AMZN, ETN, ITW, MKTX, SKX, FBIN, PTON
Q4 2023 Fortune Brands Innovations Inc Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 12/13 Dividend
11/22/2023
Dividend Payable
12/13/2023
Last Earnings
1/30/2024
Ex-Dividend for 3/13 Dividend
2/22/2024
Today
3/03/2024
Dividend Payable
3/13/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

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
$74.33
High Stock Price Target
$95.00
Low Stock Price Target
$48.00
Potential Upside/Downside
-10.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$404.50 million
Pretax Margin
11.19%

Debt

Sales & Book Value

Annual Sales
$4.63 billion
Cash Flow
$5.33 per share
Book Value
$18.18 per share

Miscellaneous

Free Float
124,615,000
Market Cap
$10.46 billion
Optionable
Optionable
Beta
1.57
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Key Executives

  • Mr. Nicholas Ian Fink (Age 49)
    CEO & Director
    Comp: $2.45M
  • Ms. Cheri M. Phyfer (Age 52)
    Executive VP & Group President
    Comp: $962.64k
  • Ms. Hiranda S. Donoghue (Age 45)
    Executive VP, Chief Legal Officer & Corporate Secretary
    Comp: $763.15k
  • Ms. Sheri R. Grissom (Age 60)
    Executive VP & Chief Transformation Officer
    Comp: $810.7k
  • Mr. Brett E. Finley (Age 53)
    Advisor
    Comp: $655.08k
  • Mr. David V. Barry (Age 42)
    Executive VP, CFO & Principal Accounting Officer
  • Leigh Avsec
    VP of Investor Relations & Corporate Affairs
  • Mr. Mark-Hans Richer (Age 57)
    Chief Marketing Officer
  • Ms. Kristin E. Papesh (Age 49)
    Executive Vice President & Chief Human Resources Officer
  • Mr. Danny Luburic (Age 53)
    Executive Officer














FBIN Stock Analysis - Frequently Asked Questions

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

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fortune Brands Innovations in the last year. There are currently 1 sell rating, 4 hold ratings and 4 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?

9 analysts have issued twelve-month price objectives for Fortune Brands Innovations' shares. Their FBIN share price targets range from $48.00 to $95.00. On average, they predict the company's stock price to reach $74.33 in the next twelve months. This suggests that the stock has a possible downside of 10.3%.
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 beginning of the year. Since then, FBIN stock has increased by 8.9% and is now trading at $82.91.
View the best growth stocks for 2024 here
.

Are investors shorting Fortune Brands Innovations?

Fortune Brands Innovations saw a decline in short interest in February. As of February 15th, there was short interest totaling 1,940,000 shares, a decline of 17.8% from the January 31st total of 2,360,000 shares. Based on an average trading volume of 1,120,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.6% of the shares of the company are sold short.
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, April 24th 2024.
View our FBIN earnings forecast
.

How were Fortune Brands Innovations' earnings last quarter?

Fortune Brands Innovations, Inc. (NYSE:FBIN) posted its quarterly earnings data on Tuesday, January, 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.02. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates 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%. The firm's revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the business earned $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 declared a quarterly dividend on Tuesday, December 12th. Investors of record on Friday, February 23rd will be paid a dividend of $0.24 per share on Wednesday, March 13th. This represents a $0.96 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date 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 1.16%. 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 19.83% 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 2024 earnings guidance on Tuesday, January, 30th. The company provided earnings per share guidance of 4.200-4.400 for the period, compared to the consensus 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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.82%), Fiduciary Management Inc. WI (1.57%), Federated Hermes Inc. (1.53%), Dimensional Fund Advisors LP (1.40%), Northern Trust Corp (1.15%) and Nordea Investment Management AB (1.10%).
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 3/3/2024 by MarketBeat.com Staff