Analyst Expects Fortune Brands Innovations Inc (NYSE: FBIN) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NYSE listed company, FBIN falls under the Industrials sector while operating within the Building Products & Equipment industry segment. The current market capitalization of Fortune Brands Innovations Inc is $9.77B. A total of 0.51 million shares were traded on the day, compared to an average of 1.14M shares.

In the most recent transaction, Sheri Grissom bought 16,202 shares of FBIN for 76.89 per share on Nov 12 ’24. In a previous transaction on Aug 27 ’24, HACKETT ANN F sold 2,197 shares at 79.39 per share. FBIN shares that Director owns now total 34,815.

Among the insiders who bought shares, HACKETT ANN F acquired of 2,197 shares on Aug 27 ’24 at a per-share price of $80.92. In another insider transaction, Sheri Grissom bought 26,367 shares at $0.00 per share on Jul 29 ’24.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Fortune Brands Innovations Inc pays an annual dividend of $0.96, resulting in a dividend yield of 1.23%, and it has a price to earnings (P/E) ratio of 22.03. FBIN’s most recent ex-dividend date was 11/22/2024 when it declared a $0.24 quarterly dividend that was paid in cash on 12/11/2024. Previously, the company paid the dividend on 9/11/2024 with an ex-dividend date of 8/23/2024. The FBIN stock dividend was $0.24 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, FBIN has a high of $90.54 and a low of $62.54.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. FBIN’s latest balance sheet shows that the firm has $425.60M in Cash & Short Term Investments as of fiscal 2021. There were $2.82B in debt and $1.97B in liabilities at the time. Its Book Value Per Share was $19.27, while its Total Shareholder’s Equity was $3.06B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FBIN is Buy with a score of 3.79.

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