Brunswick Corporation (BC) To Go Ex-Dividend on August 20th

Brunswick Corporation (NYSE:BC) declared a quarterly dividend on Wednesday, July 22nd. Stockholders of record on Thursday, August 20th will be paid a dividend of 0.44 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Thursday, August 20th.

Brunswick has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 13 consecutive years. Brunswick has a payout ratio of 43.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Brunswick to earn $5.48 per share next year, which means the company should continue to be able to cover its $1.76 annual dividend with an expected future payout ratio of 32.1%.

Brunswick Price Performance

Shares of NYSE:BC opened at $79.54 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.62 and a current ratio of 1.38. The business’s fifty day moving average price is $80.94 and its two-hundred day moving average price is $80.42. The stock has a market cap of $5.17 billion, a PE ratio of -37.88 and a beta of 1.33. Brunswick has a one year low of $55.60 and a one year high of $90.25.

Brunswick (NYSE:BC) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.24. Brunswick had a positive return on equity of 13.30% and a negative net margin of 2.47%.The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the firm posted $0.56 earnings per share. The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. Brunswick has set its FY 2026 guidance at 4.000-4.50 EPS and its Q2 2026 guidance at 1.100-1.20 EPS. On average, analysts forecast that Brunswick will post 4.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BC has been the subject of several analyst reports. Morgan Stanley boosted their target price on shares of Brunswick from $82.00 to $86.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Weiss Ratings reissued a “sell (d+)” rating on shares of Brunswick in a research report on Wednesday, June 24th. DA Davidson reissued a “neutral” rating and set a $76.00 price objective on shares of Brunswick in a research note on Monday, May 18th. JPMorgan Chase & Co. raised their target price on shares of Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Finally, Truist Financial lifted their target price on shares of Brunswick from $93.00 to $94.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $87.07.

Brunswick Company Profile

Founded in 1845 by John Moses Brunswick, Brunswick Corporation is a global leader in recreation products. Headquartered in Mettawa, Illinois, the company has evolved from its origins as a billiard table manufacturer into a diversified supplier of leisure equipment, serving both consumer and commercial markets around the world.

Brunswick operates through two primary segments: Marine and Bowling & Billiards. In its Marine segment, the company designs, manufactures and distributes recreational boats, outboard engines and aftermarket parts under recognized brands such as Sea Ray, Bayliner and Mercury Marine.