FY2025 Earnings Estimate for Brunswick Issued By DA Davidson

Brunswick Corporation (NYSE:BC) – Investment analysts at DA Davidson upped their FY2025 earnings estimates for Brunswick in a research note issued to investors on Monday, October 27th. DA Davidson analyst G. Bryan now forecasts that the company will earn $3.25 per share for the year, up from their previous forecast of $3.22. DA Davidson has a “Neutral” rating and a $59.00 price objective on the stock. The consensus estimate for Brunswick’s current full-year earnings is $4.19 per share.

Other equities analysts have also recently issued research reports about the company. Robert W. Baird boosted their price target on Brunswick from $60.00 to $70.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. boosted their target price on Brunswick from $63.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 23rd. Morgan Stanley upped their price target on Brunswick from $51.00 to $72.00 and gave the stock an “equal weight” rating in a research note on Monday. Roth Capital lifted their price objective on shares of Brunswick from $60.00 to $68.00 and gave the company a “buy” rating in a research report on Wednesday, July 23rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Brunswick in a research report on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $72.69.

Brunswick Stock Performance

Shares of BC opened at $68.23 on Wednesday. The firm has a market cap of $4.46 billion, a PE ratio of -18.75 and a beta of 1.36. The company’s 50 day simple moving average is $64.67 and its 200-day simple moving average is $58.14. The company has a current ratio of 1.78, a quick ratio of 0.73 and a debt-to-equity ratio of 1.28. Brunswick has a 12-month low of $41.00 and a 12-month high of $87.65.

Brunswick (NYSE:BC) last posted its earnings results on Thursday, October 23rd. The company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.13. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Brunswick had a positive return on equity of 10.55% and a negative net margin of 4.60%.The business’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.17 earnings per share. Brunswick has set its FY 2025 guidance at 3.250-3.25 EPS.

Brunswick Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Wednesday, November 26th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, November 26th. Brunswick’s payout ratio is -47.25%.

Institutional Investors Weigh In On Brunswick

A number of large investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its stake in shares of Brunswick by 59.3% during the 1st quarter. GAMMA Investing LLC now owns 1,276 shares of the company’s stock worth $69,000 after purchasing an additional 475 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Brunswick by 7.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,349 shares of the company’s stock worth $396,000 after buying an additional 484 shares in the last quarter. Hudson Edge Investment Partners Inc. raised its holdings in shares of Brunswick by 63.2% in the first quarter. Hudson Edge Investment Partners Inc. now owns 12,361 shares of the company’s stock worth $666,000 after acquiring an additional 4,787 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in shares of Brunswick by 171.6% in the first quarter. First Horizon Advisors Inc. now owns 755 shares of the company’s stock worth $41,000 after acquiring an additional 477 shares during the last quarter. Finally, Teacher Retirement System of Texas purchased a new stake in shares of Brunswick in the first quarter valued at $520,000. 99.34% of the stock is 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.