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Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
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Best Bear Market Funds: Top 3 Investment Options to Consider
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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
NYSE:FBIN

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

$84.15
+2.37 (+2.90%)
(As of 03/27/2024 ET)
Today's Range
$82.00
$84.17
50-Day Range
$75.90
$84.15
52-Week Range
$54.10
$84.29
Volume
871,970 shs
Average Volume
1.01 million shs
Market Capitalization
$10.58 billion
P/E Ratio
26.55
Dividend Yield
1.14%
Price Target
$77.63

Fortune Brands Innovations MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
7.8% Downside
$77.63 Price Target
Short Interest
Healthy
1.77% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.16mentions of Fortune Brands Innovations in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$162,200 Sold Last Quarter
Proj. Earnings Growth
12.82%
From $4.29 to $4.84 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.

2.32 out of 5 stars

Retail/Wholesale Sector

134th out of 203 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

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FBIN Apr 2024 60.000 put
Crypto Market Preps For Trillions Worth of Inflows!
Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.
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
3/27/2024
Next Earnings (Estimated)
4/24/2024
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
$77.63
High Stock Price Target
$95.00
Low Stock Price Target
$63.00
Potential Upside/Downside
-7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$404.50 million
Pretax Margin
11.19%

Debt

Sales & Book Value

Annual Sales
$4.63 billion
Cash Flow
$5.49 per share
Book Value
$18.19 per share

Miscellaneous

Free Float
124,615,000
Market Cap
$10.58 billion
Optionable
Optionable
Beta
1.57
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Key Executives

  • Mr. Nicholas Ian Fink (Age 49)
    CEO & Director
    Comp: $2.45M
  • Ms. Cheri M. Phyfer (Age 52)
    Executive VP & Group President
    Comp: $962.64k
  • Ms. Hiranda S. Donoghue (Age 45)
    Executive VP, Chief Legal Officer & Corporate Secretary
    Comp: $763.15k
  • Ms. Sheri R. Grissom (Age 60)
    Executive VP & Chief Transformation Officer
    Comp: $810.7k
  • Mr. Brett E. Finley (Age 53)
    Advisor
    Comp: $655.08k
  • Mr. David V. Barry (Age 42)
    Executive VP, CFO & Principal Accounting Officer
  • Leigh Avsec
    VP of Investor Relations & Corporate Affairs
  • Mr. Mark-Hans Richer (Age 57)
    Chief Marketing Officer
  • Ms. Kristin E. Papesh (Age 49)
    Executive Vice President & Chief Human Resources Officer
  • Mr. Danny Luburic (Age 53)
    Executive Officer

FBIN Stock Analysis - Frequently Asked Questions

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

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fortune Brands Innovations in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FBIN shares.
View FBIN analyst ratings
or view top-rated stocks.

What is Fortune Brands Innovations' stock price target for 2024?

8 brokers have issued 1-year price objectives for Fortune Brands Innovations' stock. Their FBIN share price targets range from $63.00 to $95.00. On average, they expect the company's share price to reach $77.63 in the next twelve months. This suggests that the stock has a possible downside of 7.8%.
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 at the beginning of 2024. Since then, FBIN shares have increased by 10.5% and is now trading at $84.15.
View the best growth stocks for 2024 here
.

Are investors shorting Fortune Brands Innovations?

Fortune Brands Innovations saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 2,260,000 shares, an increase of 16.5% from the February 14th total of 1,940,000 shares. Based on an average daily volume of 1,100,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.8% of the shares of the company are sold short.
View Fortune Brands Innovations' Short Interest
.

When is Fortune Brands Innovations' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our FBIN earnings forecast
.

How were Fortune Brands Innovations' earnings last quarter?

Fortune Brands Innovations, Inc. (NYSE:FBIN) issued its earnings results on Tuesday, January, 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.02. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.14 billion. Fortune Brands Innovations had a trailing twelve-month return on equity of 22.61% and a net margin of 8.74%. Fortune Brands Innovations's revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.07 EPS.

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. Investors of record on Friday, February 23rd will be paid a dividend of $0.24 per share on Wednesday, March 13th. This represents a $0.96 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Thursday, February 22nd. This is a boost 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 1.17%. 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 19.83% 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 Vanguard Group Inc. (9.82%), Vanguard Group Inc. (9.82%), Wellington Management Group LLP (1.80%), Fiduciary Management Inc. WI (1.57%), Federated Hermes Inc. (1.53%) and Dimensional Fund Advisors LP (1.40%). 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 3/28/2024 by MarketBeat.com Staff

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