Brown-Forman (BF.B) Stock Price, News & Analysis

Company Overview

Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin brands. It is also involved in the sale of used barrels, bulk whiskey, and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. It has operations in the United States, Germany, Australia, the United Kingdom, Mexico, and internationally. The company was founded in 1870 and is headquartered in Louisville, Kentucky.

Key Stats

• Today's Range: $40.92 to $41.68
• 50-Day Range: $40.22 to $49.55
• 52-Week Range: $39.95 to $60.97
• Volume: 5.40 million shs
• Average Volume: 2.09 million shs
• Market Capitalization: $19.51 billion
• P/E Ratio: 19.47
• Dividend Yield: 2.18%
• Price Target: $49.57
• Consensus Rating: Hold

Brown-Forman Stock Analysis - MarketRank™

Brown-Forman scored higher than 40% of companies evaluated by MarketBeat, and ranked 110th out of 146 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Brown-Forman has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 5 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Brown-Forman has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.00%

Earnings Growth

Earnings for Brown-Forman are expected to grow by 5.00% in the coming year, from $1.80 to $1.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Brown-Forman is 19.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of Brown-Forman is 19.47, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.97.

Price to Earnings Growth Ratio

Brown-Forman has a PEG Ratio of 5.52. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Brown-Forman has a P/B Ratio of 5.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BF.B.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Brown-Forman pays a meaningful dividend of 2.19%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Brown-Forman does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Brown-Forman is 42.45%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Brown-Forman will have a dividend payout ratio of 47.62% next year. This indicates that Brown-Forman will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -1.89

Short Interest

There is no current short interest data available for BF.B.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.18

News Sentiment

Brown-Forman has a news sentiment score of -0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Brown-Forman this week, compared to 1 article on an average week.

Search Interest

6 people have searched for BF.B on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Brown-Forman insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.66% of the stock of Brown-Forman is held by insiders.

Percentage Held by Institutions

Only 34.67% of the stock of Brown-Forman is held by institutions.

BF.B Stock Analysis - Frequently Asked Questions

How have BF.B shares performed this year?

Brown-Forman's stock was trading at $57.10 at the beginning of 2024. Since then, BF.B shares have decreased by 27.7% and is now trading at $41.28.
View the best growth stocks for 2024 here.

How were Brown-Forman's earnings last quarter?

Brown-Forman Co. (NYSE:BF.B) issued its earnings results on Thursday, December, 5th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.51 by $0.04. Brown-Forman's revenue was down .6% on a year-over-year basis.
Read the conference call transcript.

When did Brown-Forman's stock split?

Shares of Brown-Forman split on the morning of Wednesday, February 28th 2018. The 5-4 split was announced on Tuesday, January 23rd 2018. The newly issued shares were distributed to shareholders after the market closes on Tuesday, February 27th 2018. An investor that had 100 shares of stock prior to the split would have 125 shares after the split.

Does Brown-Forman have any subsidiaries?

Brown-Forman subsidiaries include these companies: The BenRiach Distillery, Tequila Herradura, Chambord Liqueur Royale de France SAS, Finlandia Vodka Worldwide, Amercain Investments C.V., AMG Trading L.L.C., Brown-Forman Australia Pty. Ltd., and others.

How do I buy shares of Brown-Forman?

Shares of BF.B stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Brown-Forman own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Brown-Forman investors own include Johnson & Johnson (JNJ), Meta Platforms (META), Chevron (CVX), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Walmart (WMT) and Intel (INTC).

Company Calendar

• Ex-Dividend for 10/1 Dividend: 9/03/2024
• Dividend Payable: 10/01/2024
• Last Earnings: 12/05/2024
• Ex-Dividend for 1/2 Dividend: 12/06/2024
• Today: 12/22/2024
• Dividend Payable: 1/02/2025
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Beverages
• Sub-Industry: Distillers & Vintners
• Current Symbol: NYSE:BF.B
• CUSIP: 11563720
• CIK: 14693
• Web: www.brown-forman.com
• Phone: 502-585-1100
• Fax: 502-774-7876
• Employees: 5,700
• Year Founded: 1870

Price Target and Rating

• Average Stock Price Target: $49.57
• High Stock Price Target: $58.00
• Low Stock Price Target: $43.00
• Potential Upside/Downside: +20.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.12
• Trailing P/E Ratio: 19.47
• Forward P/E Ratio: 22.93
• P/E Growth: 5.52
• Net Income: $1.02 billion
• Net Margins: 24.61%
• Pretax Margin: 30.77%
• Return on Equity: 28.83%
• Return on Assets: 12.19%

Debt

• Debt-to-Equity Ratio: 0.65
• Current Ratio: 2.70
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $4.08 billion
• Price / Sales: 4.78
• Cash Flow: $2.16 per share
• Price / Cash Flow: 19.13
• Book Value: $7.84 per share
• Price / Book: 5.27

Miscellaneous

• Outstanding Shares: 472,661,000
• Free Float: 460,088,000
• Market Cap: $19.51 billion
• Optionable: Not Optionable
• Beta: 0.74