Brunswick Co. (NYSE:BC – Free Report) – Research analysts at KeyCorp cut their Q2 2025 earnings per share (EPS) estimates for shares of Brunswick in a research report issued to clients and investors on Wednesday, April 16th. KeyCorp analyst N. Zatzkin now anticipates that the company will post earnings per share of $1.13 for the quarter, down from their prior estimate of $1.20. The consensus estimate for Brunswick’s current full-year earnings is $4.19 per share.
Other equities research analysts have also issued reports about the company. B. Riley upgraded Brunswick to a “hold” rating in a research report on Wednesday, February 12th. Benchmark lowered their price objective on shares of Brunswick from $100.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. DA Davidson upgraded shares of Brunswick to a “hold” rating in a research report on Monday, April 14th. Truist Financial lowered their price target on shares of Brunswick from $85.00 to $60.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $56.00 price objective (down from $90.00) on shares of Brunswick in a report on Friday, April 4th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $76.67.
Brunswick Price Performance
BC opened at $43.74 on Friday. Brunswick has a 12-month low of $41.00 and a 12-month high of $87.65. The company has a quick ratio of 0.63, a current ratio of 1.65 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $2.88 billion, a P/E ratio of 23.02 and a beta of 1.42. The stock has a fifty day moving average of $55.20 and a 200-day moving average of $67.78.
Brunswick (NYSE:BC – Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.06. Brunswick had a net margin of 2.48% and a return on equity of 15.41%. During the same quarter last year, the company earned $1.45 EPS.
Brunswick Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, February 24th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.93%. This is an increase from Brunswick’s previous quarterly dividend of $0.42. The ex-dividend date was Monday, February 24th. Brunswick’s dividend payout ratio (DPR) is presently 90.53%.
Insider Buying and Selling
In other news, Director Nancy E. Cooper sold 433 shares of Brunswick stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $65.65, for a total value of $28,426.45. Following the transaction, the director now directly owns 25,361 shares in the company, valued at approximately $1,664,949.65. The trade was a 1.68 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Randall S. Altman sold 3,417 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $63.21, for a total value of $215,988.57. Following the sale, the senior vice president now owns 26,683 shares of the company’s stock, valued at approximately $1,686,632.43. The trade was a 11.35 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.81% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Oak Thistle LLC bought a new position in Brunswick during the fourth quarter worth $368,000. American Century Companies Inc. raised its position in shares of Brunswick by 2.9% during the fourth quarter. American Century Companies Inc. now owns 1,462,558 shares of the company’s stock valued at $94,599,000 after buying an additional 41,583 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Brunswick by 16.7% in the fourth quarter. Bank of New York Mellon Corp now owns 766,509 shares of the company’s stock valued at $49,578,000 after buying an additional 109,728 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Brunswick in the fourth quarter valued at about $2,827,000. Finally, Channing Capital Management LLC increased its stake in Brunswick by 10.9% during the fourth quarter. Channing Capital Management LLC now owns 1,025,123 shares of the company’s stock valued at $66,305,000 after acquiring an additional 100,412 shares during the period. 99.34% of the stock is currently owned by institutional investors and hedge funds.
About Brunswick
Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.
Recommended Stories
- Five stocks we like better than Brunswick
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- J.B. Hunt Transport Overcorrects Into a Buying Opportunity
- Short Selling – The Pros and Cons
- AppLovin: Can Record Profits Overcome Market Skepticism?
- What Are Earnings Reports?
- MarketBeat Week in Review – 04/14 – 04/18
Receive News & Ratings for Brunswick Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brunswick and related companies with MarketBeat.com's FREE daily email newsletter.