Brunswick (NYSE:BC) Releases Q3 2026 Earnings Guidance

Brunswick (NYSE:BC) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.200-1.400 for the period, compared to the consensus estimate of 1.450. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion. Brunswick also updated its FY 2026 guidance to 4.350-4.750 EPS.

Analysts Set New Price Targets

BC has been the subject of several research reports. JPMorgan Chase & Co. raised their price target on shares of Brunswick from $78.00 to $83.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Wall Street Zen downgraded shares of Brunswick from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. DA Davidson reissued a “neutral” rating and set a $76.00 target price on shares of Brunswick in a research note on Monday, May 18th. Morgan Stanley upped their price target on shares of Brunswick from $82.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. Finally, Robert W. Baird set a $92.00 price objective on Brunswick in a report on Friday. One research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Brunswick presently has a consensus rating of “Hold” and an average price target of $87.57.

Brunswick Trading Down 0.6%

Brunswick stock opened at $79.24 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.62 and a current ratio of 1.45. The business’s 50-day simple moving average is $81.27 and its 200-day simple moving average is $80.30. The firm has a market capitalization of $5.15 billion, a PE ratio of -60.49 and a beta of 1.33. Brunswick has a 52 week low of $55.60 and a 52 week high of $90.25.

Brunswick (NYSE:BC) last announced its earnings results on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.37. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Brunswick had a negative net margin of 1.53% and a positive return on equity of 15.28%. Brunswick’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.90 earnings per share. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. Equities research analysts forecast that Brunswick will post 4.4 earnings per share for the current year.

Brunswick Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.44 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.76 dividend on an annualized basis and a yield of 2.2%. Brunswick’s dividend payout ratio (DPR) is currently -83.81%.

Insider Buying and Selling

In other news, CEO David M. Foulkes sold 25,853 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $83.12, for a total value of $2,148,901.36. Following the sale, the chief executive officer owned 267,528 shares in the company, valued at approximately $22,236,927.36. The trade was a 8.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.99% of the stock is currently owned by corporate insiders.

More Brunswick News

Here are the key news stories impacting Brunswick this week:

• Positive Sentiment: Second-quarter adjusted diluted EPS was $1.56, well above the $1.19-$1.20 analyst consensus and up from $0.90-$1.16 a year earlier. Revenue increased 7.7% year over year to $1.56 billion, exceeding the approximately $1.52 billion consensus. Brunswick Q2 Earnings Snapshot
• Positive Sentiment: Profitability improved substantially: GAAP net earnings rose 85% to $109.8 million, while operating earnings increased 25.3% to $129.4 million. Growth was broad-based across Propulsion, Engine Parts and Accessories, Navico Group, and Boats. Brunswick Q2 Net Sales Rise 8 Percent
• Positive Sentiment: Brunswick raised its full-year adjusted EPS outlook to $4.35-$4.75, above the $4.26 consensus, and maintained revenue guidance of $5.7-$5.8 billion. The company also expects at least $400 million in free cash flow. Brunswick Beats Q2 Estimates
• Neutral Sentiment: The company’s marine portfolio continues to benefit from growth across more than 60 brands, although results remain exposed to discretionary consumer spending, financing conditions, tariffs, supply-chain costs, and dealer inventory levels.
• Negative Sentiment: Third-quarter adjusted EPS guidance of $1.20-$1.40 is below the $1.45 analyst consensus, while revenue guidance of $1.4-$1.5 billion is at or below expectations. This near-term outlook likely explains why investors have reacted cautiously despite the strong second-quarter beat. Brunswick Q2 Beats on Revenue

Hedge Funds Weigh In On Brunswick

Institutional investors have recently bought and sold shares of the business. Canada Pension Plan Investment Board bought a new position in shares of Brunswick in the second quarter valued at about $204,000. Smartleaf Asset Management LLC grew its holdings in Brunswick by 20.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,397 shares of the company’s stock worth $180,000 after acquiring an additional 405 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Brunswick by 20.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,837 shares of the company’s stock valued at $157,000 after acquiring an additional 484 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Brunswick by 11.8% in the fourth quarter. Parallel Advisors LLC now owns 1,921 shares of the company’s stock worth $143,000 after acquiring an additional 202 shares during the last quarter. Finally, Quadrant Capital Group LLC bought a new position in shares of Brunswick in the third quarter worth about $141,000. Institutional investors own 99.34% of the company’s stock.

About Brunswick

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.