Hamilton Beach Brands - HBB Stock Forecast, Price & News

Hamilton Beach Brands' stock was trading at $12.39 at the beginning of 2023. Since then, HBB shares have increased by 2.5% and is now trading at $12.70.
View the best growth stocks for 2023 here.

Hamilton Beach Brands saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 220,600 shares, a decline of 7.6% from the December 15th total of 238,800 shares. Based on an average daily volume of 11,300 shares, the days-to-cover ratio is currently 19.5 days. Currently, 3.4% of the company's stock are sold short.
View Hamilton Beach Brands' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023.
View our HBB earnings forecast.

Hamilton Beach Brands Holding (NYSE:HBB) posted its earnings results on Wednesday, November, 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.45. The firm earned $156.74 million during the quarter. Hamilton Beach Brands had a trailing twelve-month return on equity of 27.37% and a net margin of 4.80%.

Hamilton Beach Brands announced a quarterly dividend on Thursday, November 17th. Shareholders of record on Thursday, December 1st will be paid a dividend of $0.105 per share on Thursday, December 15th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date is Wednesday, November 30th.
Read our dividend analysis for HBB.

Hamilton Beach Brands (NYSE:HBB) pays an annual dividend of $0.42 per share and currently has a dividend yield of 3.27%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 19.09%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HBB.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hamilton Beach Brands investors own include Novavax (NVAX), Advanced Micro Devices (AMD), NVIDIA (NVDA), Gilead Sciences (GILD), Nautilus (NLS), Sorrento Therapeutics (SRNE), AbbVie (ABBV), Agnico Eagle Mines (AEM), Carnival Co. & (CCL) and Chevron (CVX).

Hamilton Beach Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "HBB."

Hamilton Beach Brands' stock is owned by many different retail and institutional investors. Top institutional investors include North Star Investment Management Corp. (0.63%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Gregory H Trepp and Paul Dwinelle Furlow.
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Shares of HBB 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.
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One share of HBB stock can currently be purchased for approximately $12.70.

Hamilton Beach Brands (NYSE:HBB) has a market capitalization of $176.28 million and generates $658.39 million in revenue each year. The company earns $21.31 million in net income (profit) each year or $2.20 on an earnings per share basis.

The company employs 685 workers across the globe.

Hamilton Beach Brands' mailing address is 4421 WATERFRONT DRIVE, GLEN ALLEN VA, 23060. The official website for the company is www.hamiltonbeachbrands.com. The company can be reached via phone at (804) 273-9777 or via email at louanne.nabhan@hamiltonbeach.com.