FY2025 Earnings Forecast for Brunswick Issued By DA Davidson

Brunswick Co. (NYSE:BC) – DA Davidson reduced their FY2025 earnings per share (EPS) estimates for Brunswick in a research note issued on Tuesday, April 29th. DA Davidson analyst G. Bryan now expects that the company will earn $3.30 per share for the year, down from their previous estimate of $4.25. DA Davidson currently has a “Neutral” rating and a $43.00 target price on the stock. The consensus estimate for Brunswick’s current full-year earnings is $4.19 per share. DA Davidson also issued estimates for Brunswick’s FY2026 earnings at $4.35 EPS.

BC has been the subject of a number of other reports. Morgan Stanley raised their target price on shares of Brunswick from $64.00 to $65.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Citigroup reduced their target price on Brunswick from $92.00 to $85.00 and set a “buy” rating for the company in a report on Tuesday, January 28th. Jefferies Financial Group cut their price objective on Brunswick from $64.00 to $45.00 and set a “hold” rating on the stock in a report on Thursday, April 24th. Roth Mkm decreased their target price on shares of Brunswick from $91.00 to $85.00 and set a “buy” rating for the company in a report on Friday, January 24th. Finally, B. Riley upgraded shares of Brunswick to a “hold” rating in a report on Wednesday, February 12th. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Brunswick currently has an average rating of “Moderate Buy” and an average price target of $71.00.

Brunswick Price Performance

Shares of NYSE BC opened at $46.43 on Thursday. Brunswick has a twelve month low of $41.00 and a twelve month high of $87.65. The company has a current ratio of 1.65, a quick ratio of 0.63 and a debt-to-equity ratio of 1.11. The firm has a 50-day moving average of $51.89 and a two-hundred day moving average of $65.65. The company has a market capitalization of $3.06 billion, a price-to-earnings ratio of 24.44 and a beta of 1.42.

Brunswick (NYSE:BC) last announced its earnings results on Thursday, April 24th. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.25 by $0.31. Brunswick had a return on equity of 15.41% and a net margin of 2.48%. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the previous year, the company earned $1.35 earnings per share. The firm’s quarterly revenue was down 10.5% compared to the same quarter last year.

Brunswick Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, February 24th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 3.70%. This is an increase from Brunswick’s previous quarterly dividend of $0.42. The ex-dividend date was Monday, February 24th. Brunswick’s payout ratio is currently 142.15%.

Insider Transactions at Brunswick

In related news, SVP Randall S. Altman sold 3,417 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $63.21, for a total transaction of $215,988.57. Following the transaction, the senior vice president now directly owns 26,683 shares in the company, valued at $1,686,632.43. The trade was a 11.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Nancy E. Cooper sold 433 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $65.65, for a total value of $28,426.45. Following the completion of the sale, the director now owns 25,361 shares of the company’s stock, valued at $1,664,949.65. This represents a 1.68 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,279 shares of company stock worth $264,475 in the last 90 days. 0.81% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of BC. CWM LLC grew its stake in shares of Brunswick by 43.5% in the 1st quarter. CWM LLC now owns 1,761 shares of the company’s stock valued at $95,000 after purchasing an additional 534 shares during the period. New York State Common Retirement Fund grew its position in Brunswick by 2.7% in the first quarter. New York State Common Retirement Fund now owns 300,571 shares of the company’s stock valued at $16,186,000 after acquiring an additional 8,019 shares during the period. Allworth Financial LP raised its stake in Brunswick by 4,972.7% during the first quarter. Allworth Financial LP now owns 558 shares of the company’s stock worth $30,000 after acquiring an additional 547 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Brunswick by 5.1% during the first quarter. Envestnet Asset Management Inc. now owns 207,988 shares of the company’s stock valued at $11,200,000 after acquiring an additional 10,173 shares during the period. Finally, Penserra Capital Management LLC acquired a new stake in shares of Brunswick in the 1st quarter valued at $715,000. 99.34% of the stock is owned by institutional investors.

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.