Brunswick Corporation (NYSE:BC) Receives Average Recommendation of “Moderate Buy” from Brokerages

Brunswick Corporation (NYSE:BC – Get Free Report) has been assigned an average rating of “Moderate Buy” from the fourteen research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $88.00.

A number of research firms recently issued reports on BC. Truist Financial increased their price target 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. William Blair set a $94.00 target price on Brunswick in a report on Thursday, August 13th. Robert W. Baird set a $92.00 target price on Brunswick in a research report on Friday, July 31st. Weiss Ratings restated a “sell (d+)” rating on shares of Brunswick in a research note on Monday, September 21st. Finally, DA Davidson restated a “neutral” rating and set a $76.00 price target on shares of Brunswick in a research report on Monday, August 17th.

Read Our Latest Research Report on BC

Hedge Funds Weigh In On Brunswick

Institutional investors and hedge funds have recently made changes to their positions in the business. Summit Securities Group LLC bought a new stake in shares of Brunswick in the 1st quarter worth approximately $27,000. Millstone Evans Group LLC purchased a new stake in shares of Brunswick in the 1st quarter worth approximately $29,000. CoreCap Advisors LLC increased its position in Brunswick by 162.7% during the 3rd quarter. CoreCap Advisors LLC now owns 528 shares of the company’s stock valued at $34,000 after buying an additional 327 shares in the last quarter. Quantbot Technologies LP bought a new position in Brunswick during the 2nd quarter valued at approximately $47,000. Finally, First Horizon Corp raised its stake in Brunswick by 27.9% during the first quarter. First Horizon Corp now owns 701 shares of the company’s stock valued at $51,000 after buying an additional 153 shares during the last quarter. Institutional investors own 99.34% of the company’s stock.

Brunswick Stock Down 1.5%

Shares of Brunswick stock opened at $62.42 on Friday. The company has a current ratio of 1.45, a quick ratio of 0.65 and a debt-to-equity ratio of 1.08. The company’s fifty day simple moving average is $73.60 and its two-hundred day simple moving average is $77.39. The company has a market cap of $4.05 billion, a P/E ratio of -47.65 and a beta of 1.38. Brunswick has a 12-month low of $58.56 and a 12-month high of $90.25.

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

Brunswick Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Thursday, August 20th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, August 20th. Brunswick’s dividend payout ratio (DPR) is -134.35%.

Brunswick Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Brunswick (NYSE:BC)

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