Spectrum Brands Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Spectrum Brands in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Spectrum Brands stock.
View analyst ratings for Spectrum Brands or view top-rated stocks.

Wall Street analysts have given Spectrum Brands a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Spectrum Brands wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Spectrum Brands saw a increase in short interest during the month of August. As of August 13th, there was short interest totaling 1,400,000 shares, an increase of 22.8% from the July 29th total of 1,140,000 shares. Based on an average daily volume of 330,400 shares, the short-interest ratio is presently 4.2 days. Approximately 3.3% of the shares of the stock are sold short.
View Spectrum Brands' Short Interest.

Spectrum Brands is scheduled to release its next quarterly earnings announcement on Friday, November 12th 2021.
View our earnings forecast for Spectrum Brands.

Spectrum Brands Holdings, Inc. (NYSE:SPB) issued its earnings results on Friday, August, 6th. The company reported $1.57 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.58 by $0.01. The business had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.17 billion. Spectrum Brands had a trailing twelve-month return on equity of 21.08% and a net margin of 3.99%. The business's quarterly revenue was up 18.1% on a year-over-year basis. During the same period last year, the firm earned $1.36 earnings per share.
View Spectrum Brands' earnings history.

Spectrum Brands' stock was trading at $49.14 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SPB shares have increased by 93.0% and is now trading at $94.85.
View which stocks have been most impacted by COVID-19.

Spectrum Brands declared a quarterly dividend on Tuesday, August 3rd. Shareholders of record on Tuesday, August 31st will be paid a dividend of $0.42 per share on Tuesday, September 28th. This represents a $1.68 annualized dividend and a yield of 1.77%. The ex-dividend date is Monday, August 30th.
View Spectrum Brands' dividend history.

Spectrum Brands pays an annual dividend of $1.68 per share and currently has a dividend yield of 1.79%. The dividend payout ratio of Spectrum Brands is 40.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Spectrum Brands will have a dividend payout ratio of 38.10% next year. This indicates that Spectrum Brands will be able to sustain or increase its dividend.
View Spectrum Brands' dividend history.

7 brokerages have issued 1-year price targets for Spectrum Brands' shares. Their forecasts range from $78.00 to $115.00. On average, they anticipate Spectrum Brands' share price to reach $101.57 in the next year. This suggests a possible upside of 7.1% from the stock's current price.
View analysts' price targets for Spectrum Brands or view top-rated stocks among Wall Street analysts.

68 employees have rated Spectrum Brands CEO David Maura on Glassdoor.com. David Maura has an approval rating of 57% among Spectrum Brands' employees. This puts David Maura in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Spectrum Brands include The Procter & Gamble (PG), Colgate-Palmolive (CL), Kimberly-Clark (KMB), The Clorox (CLX), Church & Dwight (CHD), WD-40 (WDFC), Central Garden & Pet (CENTA), Oil-Dri Co. of America (ODC) and Orchids Paper Products (TIS).
View all of SPB's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Spectrum Brands investors own include AbbVie (ABBV), Bristol-Myers Squibb (BMY), Intel (INTC), Verizon Communications (VZ), Advanced Micro Devices (AMD), General Electric (GE), Johnson & Johnson (JNJ), Pfizer (PFE), QUALCOMM (QCOM) and AT&T (T).

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

Spectrum Brands' stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (9.47%), Vanguard Group Inc. (9.11%), American Century Companies Inc. (4.56%), Wells Fargo & Company MN (4.34%), BlackRock Inc. (3.80%) and Dimensional Fund Advisors LP (3.38%). Company insiders that own Spectrum Brands stock include David M Maura and Jeremy W Smeltser.
View institutional ownership trends for Spectrum Brands.

SPB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Millennium Management LLC, Deutsche Bank AG, BlackRock Inc., Cubist Systematic Strategies LLC, Great Lakes Advisors LLC, Invesco Ltd., and Russell Investments Group Ltd..
View insider buying and selling activity for Spectrum Brands or view top insider-selling stocks.

SPB stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, American Century Companies Inc., Wells Fargo & Company MN, AQR Capital Management LLC, State Street Corp, Systematic Financial Management LP, Vanguard Group Inc., and Allianz Asset Management GmbH. Company insiders that have bought Spectrum Brands stock in the last two years include David M Maura, and Jeremy W Smeltser.
View insider buying and selling activity for Spectrum Brands or or view top insider-buying stocks.

Shares of SPB 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.

One share of SPB stock can currently be purchased for approximately $94.85.

Spectrum Brands has a market capitalization of $4.04 billion and generates $3.96 billion in revenue each year. The company earns $97.80 million in net income (profit) each year or $4.10 on an earnings per share basis.

Spectrum Brands employs 12,100 workers across the globe.

The official website for Spectrum Brands is www.spectrumbrands.com.

Spectrum Brands is headquartered at 3001 DEMING WAY, MIDDLETON WI, 53562.

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]