Brunswick (BC) Expected to Announce Quarterly Earnings on Thursday

Brunswick (NYSE:BC) is projected to release its earnings data before the market opens on Thursday, April 24th. Analysts expect Brunswick to post earnings of $0.25 per share and revenue of $1.14 billion for the quarter. Brunswick has set its FY 2025 guidance at 3.500-5.000 EPS and its Q1 2025 guidance at 0.150-0.250 EPS.Parties interested in registering for the company’s conference call can do so using this link.

Brunswick (NYSE:BC) last issued its earnings results on Thursday, January 30th. The company reported $0.24 earnings per share 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 period last year, the company earned $1.45 EPS. On average, analysts expect Brunswick to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Brunswick Stock Down 0.2 %

Shares of NYSE:BC opened at $43.37 on Thursday. Brunswick has a 52-week low of $41.00 and a 52-week high of $87.65. The company has a market capitalization of $2.86 billion, a PE ratio of 22.83 and a beta of 1.42. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.63 and a current ratio of 1.65. The company has a fifty day moving average of $56.08 and a 200-day moving average of $68.41.

Brunswick Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, February 24th were issued a dividend of $0.43 per share. This is a boost from Brunswick’s previous quarterly dividend of $0.42. This represents a $1.72 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend was Monday, February 24th. Brunswick’s payout ratio is 90.53%.

Insiders Place Their Bets

In other Brunswick news, SVP Randall S. Altman sold 3,417 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $63.21, for a total transaction of $215,988.57. Following the sale, the senior vice president now owns 26,683 shares in the company, valued at $1,686,632.43. This represents a 11.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Nancy E. Cooper sold 433 shares of Brunswick stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $65.65, for a total value of $28,426.45. Following the completion of the transaction, the director now owns 25,361 shares of the company’s stock, valued at approximately $1,664,949.65. This trade represents a 1.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.81% of the company’s stock.

Wall Street Analyst Weigh In

BC has been the subject of a number of analyst reports. Stifel Nicolaus lowered their price objective on Brunswick from $95.00 to $86.00 and set a “buy” rating for the company in a research report on Wednesday, January 15th. Baird R W cut Brunswick from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th. Truist Financial lowered their target price on shares of Brunswick from $85.00 to $60.00 and set a “buy” rating on the stock in a report on Monday. B. Riley raised shares of Brunswick to a “hold” rating in a report on Wednesday, February 12th. Finally, 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. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $76.67.

Brunswick Company Profile

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.