NYSE:SPB - Spectrum Brands Stock Price, News, & Analysis

Spectrum Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPB."

Spectrum Brands declared a quarterly dividend on Wednesday, November 14th. Stockholders of record on Tuesday, November 27th will be given a dividend of $0.42 per share on Tuesday, December 18th. This represents a $1.68 annualized dividend and a dividend yield of 2.83%. The ex-dividend date of this dividend is Monday, November 26th. View Spectrum Brands' Dividend History.

Spectrum Brands declared that its board has authorized a share repurchase program on Friday, April 7th 2017, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.9% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.

Spectrum Brands Holdings Inc (NYSE:SPB) released its earnings results on Thursday, July, 26th. The company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.21. The business had revenue of $945.50 million for the quarter, compared to analysts' expectations of $900.23 million. Spectrum Brands had a net margin of 22.32% and a negative return on equity of 4.00%. The business's quarterly revenue was down 27.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.71 EPS. View Spectrum Brands' Earnings History.

Spectrum Brands is scheduled to release their next quarterly earnings announcement on Monday, November 19th 2018. View Earnings Estimates for Spectrum Brands.

Spectrum Brands will be holding an earnings conference call on Monday, November 19th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8775565260.

9 brokers have issued 1 year target prices for Spectrum Brands' shares. Their predictions range from $70.00 to $167.00. On average, they anticipate Spectrum Brands' share price to reach $117.1111 in the next year. This suggests a possible upside of 97.3% from the stock's current price. View Analyst Price Targets for Spectrum Brands.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spectrum Brands in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spectrum Brands.

Media coverage about SPB stock has trended positive this week, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Spectrum Brands earned a daily sentiment score of 2.2 on InfoTrie's scale. They also gave news articles about the company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near future.

Some companies that are related to Spectrum Brands include CAE (CAE), Energizer (ENR), Integer (ITGR), Novanta (NOVT), Electro Scientific Industries (ESIO), Atkore International Group (ATKR), Ultralife (ULBI), Maxwell Technologies (MXWL), FuelCell Energy (FCEL), Arotech (ARTX), Flux Power (FLUX), Polar Power (POLA), Sono-Tek (SOTK), Highpower International (HPJ) and CBAK Energy Technology (CBAK).

Spectrum Brands' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (15.00%), Wells Fargo & Company MN (4.84%), BlackRock Inc. (3.32%), Wedge Capital Management L L P NC (2.71%), Sterling Capital Management LLC (1.84%) and Dimensional Fund Advisors LP (1.76%). View Institutional Ownership Trends for Spectrum Brands.

SPB stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Schroder Investment Management Group, Bank of New York Mellon Corp, Sterling Capital Management LLC, Highbridge Capital Management LLC, Confluence Investment Management LLC and Oppenheimer & Co. Inc.. View Insider Buying and Selling for Spectrum Brands.

SPB stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., First Manhattan Co., Brown Advisory Inc., Dimensional Fund Advisors LP, Wells Fargo & Company MN, Rovida Advisors Inc. and Macquarie Group Ltd.. View Insider Buying and Selling for Spectrum Brands.

Shares of SPB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SPB stock can currently be purchased for approximately $59.35.

Spectrum Brands has a market capitalization of $3.45 billion and generates $5.01 billion in revenue each year. The company earns $106 million in net income (profit) each year or ($0.62) on an earnings per share basis. Spectrum Brands employs 17,113 workers across the globe.

The official website for Spectrum Brands is http://www.hrggroup.com.

Spectrum Brands' mailing address is 3001 Deming Way, Middleton WI, 53562. The company can be reached via phone at 608-275-3340 or via email at [email protected]