Brown-Forman Corporation (BF.B)

NYSE: BF.B · IEX Real-Time Price · USD
62.38
+0.72 (1.17%)
Mar 20, 2023, 4:03 PM EDT - Market closed
1.17%
Market Cap 30.27B
Revenue (ttm) 4.18B
Net Income (ttm) 727.00M
Shares Out 485.24M
EPS (ttm) 1.51
PE Ratio 41.31
Forward PE 37.45
Dividend $0.79 (1.26%)
Ex-Dividend Date Mar 7, 2023
Volume 1,020,392
Open 61.85
Previous Close 61.66
Day's Range 61.78 - 62.55
52-Week Range 60.23 - 78.15
Beta 0.70
Analysts Hold
Price Target 71.16 (+14.08%)
Earnings Date Mar 8, 2023

About BF.B

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, Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel Champagnes, Sonoma-Cutrer, Finlandia, G... [Read more]

Founded 1870
Employees 5,200
Stock Exchange NYSE
Ticker Symbol BF.B
Full Company Profile

Financial Performance

In 2022, Brown-Forman's revenue was $3.93 billion, an increase of 13.64% compared to the previous year's $3.46 billion. Earnings were $838.00 million, a decrease of -7.20%.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for BF.B stock is "Hold." The 12-month stock price forecast is $71.16, which is an increase of 14.08% from the latest price.

Price Target
$71.16
(14.08% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Brown-Forman (BF.B) Q3 Earnings Miss, Sales Top Estimates

Brown-Forman's (BF.B) Q3 results reflect gains from a strong top line on strength in its brands, premiumization and growth across regions. Soft operating income hurt the bottom line.

1 week ago - Zacks Investment Research

Jack Daniel's parent Brown-Forman stock drops after profit falls to less than half what was expected amid margin weakness

Shares of Brown-Forman Corp. BF.B, -1.21% dropped 1.9% in premarket trading Wednesday, after the spirits company, with brands including Jack Daniel's, Finlandia and Woodford Reserve, reported fiscal t...

1 week ago - Market Watch

Brown-Forman Delivers Strong Year-to-Date Net Sales Growth

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its third quarter and nine months ended January 31, 2023. For the third quarter, reported net...

1 week ago - Business Wire

Earnings Exchange: CRWD, BF.B & ADS

Gina Sanchez, Lido Advisors chief market strategist, joins ‘The Exchange' to discuss three companies reporting earnings later today: Crowdstrike, Brown-Forman and Adidas.

Other symbols: CRWD
1 week ago - CNBC Television

Brown-Forman B (BF.B) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Brown-Forman B (BF.B) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

7 Well-Known Consumer Brands Worth a Spot in Your Portfolio

Fidelity Investments fund manager Peter Lynch popularized the idea of investing in what you know. He believed that people could often find the best opportunities in popular consumer stocks that freque...

Other symbols: CLDPZMDLZNKEPEPSBUX
3 weeks ago - InvestorPlace

CORRECTING and REPLACING Brown-Forman Third Quarter Earnings Release and Conference Call Scheduled for March 8, 2023

LOUISVILLE, Ky.--(BUSINESS WIRE)--First paragraph should read: Brown-Forman Corporation (NYSE: BFA, BFB) will release its third quarter and year-to-date fiscal 2023 financial results on March 8, 2023,...

1 month ago - Business Wire

Brown-Forman Third Quarter Earnings Release and Conference Call Scheduled for March 8, 2023

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) will release its third quarter and fiscal 2023 financial results on March 8, 2023, by 8:00 a.m. (EST), followed by a confere...

1 month ago - Business Wire

Brown‑Forman Declares Cash Dividend

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2055 per share on its Class A...

1 month ago - Business Wire

The 7 Best Dividend Stocks to Buy for 2023

If you're looking for the best dividend stocks to buy in 2023, an excellent place to start is with the Vanguard Dividend Appreciation Index Fund  (NYSEARCA: VIG). VIG is one of the largest U.S.-liste...

Other symbols: BDXBKEMSCIPOOLTROWTXN
2 months ago - InvestorPlace

Brown-Forman Announces Chief Information Officer and Jack Daniel Distillery Leadership Appointments

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA) (NYSE:BFB) announces the appointments of Larry Combs to the newly created role of Chief Information Officer and Director of Supp...

2 months ago - Business Wire

Brown-Forman Completes Acquisition of Diplomático Rum Brand

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE:BFA,BFB) announced today that it has completed its acquisition of the Diplomático Rum brand and related assets from Destillers United...

2 months ago - Business Wire

Brown‑Forman to Ring New York Stock Exchange Closing Bell on December 14

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown‑Forman Corporation (NYSE: BFA, BFB) will ring the closing bell at the New York Stock Exchange (NYSE) in celebration of more than 150 years of enriching the ex...

3 months ago - Business Wire

Brown-Forman (BF.B) Q2 Earnings Miss Estimates, Sales Beat

Brown-Forman's (BF.B) Q2 results reflect the benefits of the strong demand for its brands and gains across regions, offset by higher input and supply chain-related costs.

3 months ago - Zacks Investment Research

Brown-Forman misses profit and revenue target, but sees supply chain constraints easing

Brown-Forman Cop. BF.B, -0.50% said Wednesday its second-quarter net income fell 4% to $236 million, or 49 cents a share, from $227 million, or 47 cents a share, in the year-ago quarter.

3 months ago - Market Watch

Brown-Forman Delivers Double-Digit Net Sales Growth in the First Half and Raises Full Year Outlook

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its second quarter and the first half of fiscal 2023. For the second quarter, reported net ...

3 months ago - Business Wire

Brown-Forman (BF.B) to Retain Its Earnings Beat Streak in Q2

Brown-Forman's (BF.B) Q2 results are expected to gain from strong demand for its brands, mainly the resurgence of Jack Daniel's Tennessee Whiskey, and growth across all geographic clusters.

3 months ago - Zacks Investment Research

Why Brown-Forman (BF-B) Might Surprise This Earnings Season

Brown-Forman (BF-B) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 months ago - Zacks Investment Research

Marshall Farrer, President, Europe, Expands Leadership Role and Adds Chief Strategic Growth Officer Responsibilities

Brown-Forman Corporation (NYSE:BFA,BFB) announced today that Marshall Farrer, President, Europe, will expand his leadership responsibilities and be named Executive Vice President, Chief Strategic Grow...

3 months ago - Business Wire

Supreme Court agrees to hear Jack Daniel's trademark case against dog toy company

The Supreme Court agreed Monday to hear a dispute between Jack Daniel's and a dog toy company that sells "Bad Spaniels" whiskey bottles.

4 months ago - CNBC

Brown-Forman Increases Cash Dividend for 39th Consecutive Year; Elects Mark Clouse and Elizabeth Smith to Board of Directors

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors approved an increase of 9% to the quarterly cash dividend from $0.1885 per sha...

4 months ago - Business Wire

Brown-Forman Increases Cash Dividend for 39th Consecutive Year

LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that its Board of Directors approved an increase of 9% to the quarterly cash dividend from $0.1885 per sha...

4 months ago - Business Wire

7 No-Brainer Blue-Chip Stocks to Buy for 2023 and Beyond

While it's tempting to target the flavors of the week during a market correction, investors ought to spare some time for no-brainer blue-chip stocks to buy for 2023 and beyond. Indeed, the broader mar...

4 months ago - InvestorPlace

Why Brown-Forman B (BF.B) Could Beat Earnings Estimates Again

Brown-Forman B (BF.B) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

4 months ago - Zacks Investment Research

Brown-Forman Second Quarter Earnings Release and Conference Call Scheduled for December 7, 2022

Brown-Forman Corporation (NYSE: BFA, BFB) will release its second quarter and first half of fiscal year 2023 financial results on December 7, 2022, by 8:00 a.m. (EST), followed by a conference call to...

4 months ago - Business Wire