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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:FBIN

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

$73.58
-0.79 (-1.06%)
(As of 04/18/2024 ET)
Today's Range
$73.47
$75.67
50-Day Range
$74.38
$84.67
52-Week Range
$54.10
$84.92
Volume
1.22 million shs
Average Volume
1.06 million shs
Market Capitalization
$9.25 billion
P/E Ratio
23.21
Dividend Yield
1.30%
Price Target
$78.44

Fortune Brands Innovations MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
6.6% Upside
$78.44 Price Target
Short Interest
Healthy
1.80% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.18mentions of Fortune Brands Innovations in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$162,200 Sold Last Quarter
Proj. Earnings Growth
11.94%
From $4.27 to $4.78 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.

2.25 out of 5 stars

Retail/Wholesale Sector

136th out of 198 stocks

Millwork, Veneer, Plywood, & Structural Wood Members Industry

4th out of 4 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

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
FBIN Apr 2024 60.000 put
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
FBIN Apr 2024 70.000 call
FBIN Mar 2024 110.000 call
Therma-Tru launches 2024 new products
Market Update: AMZN, ETN, ITW, MKTX, SKX, FBIN, PTON
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 3/13 Dividend
2/22/2024
Dividend Payable
3/13/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Millwork, veneer, plywood, & structural wood members
Sub-Industry
N/A
Employees
11,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$78.44
High Stock Price Target
$95.00
Low Stock Price Target
$63.00
Potential Upside/Downside
+6.6%
Consensus Rating
Hold
Rating Score (0-4)
2.44
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
$5.20 per share
Book Value
$18.19 per share

Miscellaneous

Free Float
124,193,000
Market Cap
$9.25 billion
Optionable
Optionable
Beta
1.57
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FBIN Stock Analysis - Frequently Asked Questions

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

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortune Brands Innovations in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 12-month price objectives for Fortune Brands Innovations' stock. Their FBIN share price targets range from $63.00 to $95.00. On average, they predict the company's stock price to reach $78.44 in the next year. This suggests a possible upside of 6.6% from the stock's current price.
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 on January 1st, 2024. Since then, FBIN shares have decreased by 3.4% and is now trading at $73.58.
View the best growth stocks for 2024 here
.

When is Fortune Brands Innovations' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our FBIN earnings forecast
.

How can I listen to Fortune Brands Innovations' earnings call?

Fortune Brands Innovations will be holding an earnings conference call on Tuesday, April 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Fortune Brands Innovations' earnings last quarter?

Fortune Brands Innovations, Inc. (NYSE:FBIN) issued its quarterly earnings results on Tuesday, January, 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.02. The business earned $1.16 billion during the quarter, compared to analysts' expectations of $1.14 billion. Fortune Brands Innovations had a net margin of 8.74% and a trailing twelve-month return on equity of 22.61%. Fortune Brands Innovations's quarterly revenue was up 2.6% compared to the same quarter last year. During the same period last year, the company 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. Stockholders of record on Friday, February 23rd will be given a dividend of $0.24 per share on Wednesday, March 13th. This represents a $0.96 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend 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 1.27%. 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 20.08% 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 (EPS) guidance of 4.200-4.400 for the period, compared to the consensus EPS 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 variety of institutional and retail investors. Top institutional shareholders include Baker Ellis Asset Management LLC (0.05%), Gateway Investment Advisers LLC (0.03%), Alpha Omega Wealth Management LLC (0.02%), FCF Advisors LLC (0.02%), Allspring Global Investments Holdings LLC (0.01%) and Wealth Enhancement Advisory Services LLC (0.01%). Insiders that own company stock include Ann F Hackett and Ronald V Waters.
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 4/18/2024 by MarketBeat.com Staff

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