Brunswick Corporation (NYSE:BC) Stock Has Average Price Target of $88.00

Brunswick Corporation (NYSE:BC) has received a consensus rating of “Moderate Buy” from the fourteen analysts that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $88.00.

BC has been the subject of a number of research reports. DA Davidson reiterated a “neutral” rating and set a $76.00 target price on shares of Brunswick in a research report on Monday, August 17th. William Blair set a $94.00 price target on shares of Brunswick in a research report on Thursday, August 13th. Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a research note on Monday, September 21st. Robert W. Baird set a $92.00 price objective on shares of Brunswick in a report on Friday, July 31st. Finally, Truist Financial lifted their price objective on shares of Brunswick from $93.00 to $94.00 and gave the company a “buy” rating in a research note on Monday, July 6th.

Brunswick Stock Performance

Shares of BC opened at $65.46 on Friday. Brunswick has a 1 year low of $58.56 and a 1 year high of $90.25. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.45 and a quick ratio of 0.65. The stock’s fifty day moving average price is $74.94 and its two-hundred day moving average price is $77.59. The firm has a market cap of $4.24 billion, a PE ratio of -49.97 and a beta of 1.38.

Brunswick (NYSE:BC) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.37. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%.The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the prior year, the company earned $0.90 EPS. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. On average, equities research analysts forecast that Brunswick will post 4.55 EPS for the current year.

Brunswick Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Thursday, August 20th were given a $0.44 dividend. The ex-dividend date was Thursday, August 20th. This represents a $1.76 annualized dividend and a dividend yield of 2.7%. Brunswick’s payout ratio is -134.35%.

Institutional Trading of Brunswick

Institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in Brunswick during the 2nd quarter valued at about $568,461,000. Dimensional Fund Advisors LP lifted its holdings in shares of Brunswick by 2.9% in the first quarter. Dimensional Fund Advisors LP now owns 2,931,104 shares of the company’s stock worth $213,253,000 after buying an additional 82,689 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Brunswick in the second quarter worth about $101,201,000. Bank of America Corp DE boosted its position in shares of Brunswick by 296.1% in the first quarter. Bank of America Corp DE now owns 872,368 shares of the company’s stock valued at $63,474,000 after acquiring an additional 652,136 shares during the period. Finally, Norges Bank bought a new position in shares of Brunswick in the fourth quarter valued at approximately $46,665,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

About Brunswick

Brunswick Corporation (NYSE:BC) is a global marine recreation company that develops, manufactures and distributes products used in boating. Its offerings include marine propulsion systems, boats, boat parts and accessories, electronics, and related technologies and services.

The company’s marine propulsion portfolio is marketed primarily under the Mercury Marine brand and includes outboard and sterndrive engines, controls, instruments and other propulsion-related products. Brunswick also produces and sells boats under brands that have included Boston Whaler, Bayliner, Sea Ray, Lund, Harris and Crestliner, along with marine electronics and navigation products through its Navico Group businesses.

Founded in 1845 by John Moses Brunswick, the company has evolved from its early manufacturing operations into a specialized marine products business.