Brunswick (NYSE:BC) Issues FY 2025 Earnings Guidance

Brunswick (NYSE:BC) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.250-3.25 for the period, compared to the consensus estimate of 3.230. The company issued revenue guidance of $5.2 billion-$5.2 billion, compared to the consensus revenue estimate of $5.2 billion.

Analyst Ratings Changes

A number of equities analysts have commented on BC shares. Zacks Research downgraded shares of Brunswick from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 21st. Jefferies Financial Group reiterated a “hold” rating and set a $65.00 price target on shares of Brunswick in a report on Thursday. DA Davidson upped their target price on shares of Brunswick from $43.00 to $59.00 and gave the company a “neutral” rating in a report on Monday, July 28th. Roth Capital upped their price target 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, B. Riley upped their price objective on shares of Brunswick from $60.00 to $70.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Seven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Brunswick currently has an average rating of “Hold” and a consensus price target of $72.15.

Brunswick Stock Up 1.7%

Brunswick stock opened at $71.87 on Friday. The company has a 50-day simple moving average of $64.27 and a 200-day simple moving average of $57.45. The firm has a market capitalization of $4.70 billion, a P/E ratio of -19.74 and a beta of 1.36. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.70 and a current ratio of 1.78. Brunswick has a one year low of $41.00 and a one year high of $87.65.

Brunswick (NYSE:BC) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.13. Brunswick had a negative net margin of 4.60% and a positive return on equity of 10.55%. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the prior year, the company posted $1.17 earnings per share. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. Brunswick has set its FY 2025 guidance at 3.250-3.25 EPS. As a group, equities analysts expect that Brunswick will post 4.19 earnings per share for the current year.

Brunswick Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Wednesday, November 26th will be paid a $0.43 dividend. The ex-dividend date is Wednesday, November 26th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.4%. Brunswick’s dividend payout ratio (DPR) is 277.42%.

Hedge Funds Weigh In On Brunswick

Several institutional investors have recently modified their holdings of BC. Geneos Wealth Management Inc. raised its stake in shares of Brunswick by 31.9% during the 2nd quarter. Geneos Wealth Management Inc. now owns 959 shares of the company’s stock worth $53,000 after purchasing an additional 232 shares in the last quarter. Tower Research Capital LLC TRC increased its position in Brunswick by 20.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,837 shares of the company’s stock worth $157,000 after buying an additional 484 shares during the period. Corient Private Wealth LLC bought a new position in Brunswick during the 2nd quarter worth $449,000. Captrust Financial Advisors increased its position in Brunswick by 127.6% during the 2nd quarter. Captrust Financial Advisors now owns 16,000 shares of the company’s stock worth $884,000 after buying an additional 8,971 shares during the period. Finally, Vident Advisory LLC bought a new position in Brunswick during the 2nd quarter worth $205,000. 99.34% of the stock is currently 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.