Fortune Brands Innovations, Inc. (FBIN)
Market Cap | 8.65B |
Revenue (ttm) | 4.67B |
Net Income (ttm) | 448.10M |
Shares Out | 124.23M |
EPS (ttm) | 3.55 |
PE Ratio | 19.64 |
Forward PE | 15.77 |
Dividend | $1.00 (1.44%) |
Ex-Dividend Date | Feb 21, 2025 |
Volume | 1,014,710 |
Open | 68.66 |
Previous Close | 68.56 |
Day's Range | 68.07 - 70.14 |
52-Week Range | 62.54 - 90.54 |
Beta | 1.53 |
Analysts | Buy |
Price Target | 91.36 (+31.13%) |
Earnings Date | Jan 28, 2025 |
About FBIN
Fortune Brands Innovations, Inc. provides home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally. The company operates through three segments: Water, Outdoors, and Security. The Water segment manufactures or assembles, and sells faucets, accessories, kitchen sinks, and waste disposals under the Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, Shaws, Emtek, and Schaub brands. The Outdoors segment manufactures and sells fiberglass and st... [Read more]
Financial Performance
In 2023, FBIN's revenue was $4.63 billion, a decrease of -2.05% compared to the previous year's $4.72 billion. Earnings were $404.50 million, a decrease of -41.10%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for FBIN stock is "Buy." The 12-month stock price forecast is $91.36, which is an increase of 31.13% from the latest price.
News
Fortune Brands Increases Quarterly Dividend
DEERFIELD, Ill.--(BUSINESS WIRE)-- #FBIN--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company whose purpose is to elevate every l...
Fortune Brands Named to Newsweek's America's Most Responsible Companies 2025 List
DEERFIELD, Ill.--(BUSINESS WIRE)-- #FBIN--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company whose purpose is to elevate every l...
Fortune Brands Innovations: Growth Should Recover In FY25
I maintain a buy rating on Fortune Brands Innovations, expecting growth recovery in FY25 driven by improved housing demand and a successful connected product strategy. Despite an 8.4% sales decline, m...
Fortune Brands Innovations, Inc. (FBIN) Q3 2024 Earnings Call Transcript
Fortune Brands Innovations, Inc. (FBIN) Q3 2024 Earnings Call Transcript
Fortune Brands Significantly Expands Margin in the Third Quarter; Executes on Focused Set of Strategic Priorities Amidst a Challenging Environment
DEERFIELD, Ill.--(BUSINESS WIRE)-- #FBIN--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company whose purpose is to elevate every l...
Moen and FORTNA Celebrate the Opening of New North Las Vegas Greenfield Distribution Center
The new Moen facility, designed and delivered by FORTNA, optimizes operational performance The new Moen facility, designed and delivered by FORTNA, optimizes operational performance
Fortune Brands Sets Date for Third Quarter Earnings Announcement and Investor Conference Call
DEERFIELD, Ill.--(BUSINESS WIRE)-- #FBIN--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company focused on creating smarter, safer ...
Yale's “Secure Start” Program Helps Cover Renter Home Security Needs
A majority of renters say receiving one month of free rent would bring peace of mind; Yale offers a financial helping hand and renter-friendly security with the retrofit Yale Approach Lock A majority ...
Moen Expands Two-Decade-Long Partnership with Meritage Homes as the Exclusive Plumbing Partner
NEW AGREEMENT STRENGTHENS PARTNERSHIP DELIVERING EXCEPTIONAL EXPERIENCES TO HOMEBUYERS WITH UNMATCHED QUALITY AND DURABILITY NORTH OLMSTED, Ohio , Sept. 30, 2024 /PRNewswire/ -- Two leading companies ...
Fortune Brands Declares Quarterly Dividend
DEERFIELD, Ill.--(BUSINESS WIRE)-- #FBIN--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company focused on creating smarter, safer ...
Tortoise Capital Announces Index Updates for Third Quarter 2024 and Change of Methodology for the Tortoise North American Pipeline Indexsm (TNAP)
OVERLAND PARK, KS / ACCESSWIRE / September 13, 2024 / Tortoise Capital today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the third quarte...
Fortune Brands: Good Execution And Interest Rate Cycle Reversal Should Drive Upside
FBIN Stock has outperformed since my previous buy rating. I see continued upside with revenues benefiting from market share gains, new partnerships, and a more favorable macro environment. The company...
Fortune Brands Innovations: Growth Could Be Structurally Higher In Near-Medium Term
FBIN has a positive growth outlook due to the improving US macro situation and partnership strategy for digital product sales. Recent earnings results show growth across all segments, with strong marg...
Fortune Brands Innovations, Inc. (FBIN) Q2 2024 Earnings Call Transcript
Fortune Brands Innovations, Inc. (NYSE:FBIN) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Leigh Avsec - Vice President, Investor Relations and Corporate Affairs Nich...
Fortune Brands Delivers Solid Sales and Strong Margin Results in the Second Quarter; Updates Full Year Guidance
DEERFIELD, Ill.--(BUSINESS WIRE)-- #FBIN--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company focused on creating smarter, safer ...
Fortune Brands Sets Date for Second Quarter Earnings Announcement and Investor Conference Call
DEERFIELD, Ill.--(BUSINESS WIRE)-- #FBIN--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company focused on creating smarter, safer ...
Fortune Brands Innovations Marks Progress and Opportunities Related to Positive Sustainable and Social Impacts in Newly Published 2023 ESG Report
DEERFIELD, Ill.--(BUSINESS WIRE)-- #FBIN--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company focused on creating smarter, safer ...
Moen Announces Agreement with California Water Efficiency Partnership
NORTH OLMSTED, Ohio--(BUSINESS WIRE)--Moen, the leader in water experiences in the home, today announced it has signed an agreement with the California Water Efficiency Partnership (“CalWEP”) to advan...
Moen Signs Strategic Agreement with Amica Insurance to Boost Usage of Leak Detection Technology
NORTH OLMSTED, Ohio--(BUSINESS WIRE)--Moen, the leader in water experiences in the home, today announced an initiative with Amica Insurance aimed to encourage policyholders to adopt Flo Smart Water Mo...
Fortune Brands Enters Strategic Partnership with Value Hybrid to Develop Connected Lockout Tagout Solutions; Acquires Minority Stake
DEERFIELD, Ill.--(BUSINESS WIRE)-- #FBIN--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading innovation company focused on creating smarter, safer ...
Moen Enters into Strategic Arrangement with Homeowners Insurance Provider to Help Control Rising Costs
NORTH OLMSTED, Ohio--(BUSINESS WIRE)--Moen, the leader in water experiences in the home, today announced an initiative with a major insurance provider designed to drive adoption of Flo Smart Water Mon...
Fortune Brands: Good Growth Prospects And Potential P/E Multiple Re-Rating
Fortune Brands Innovations Inc. has good revenue and margin growth prospects. The company is focused on enhancing its product portfolio with connected offerings, which are gaining traction with custom...
Fortune Brands Innovations, Inc. (FBIN) Q1 2024 Earnings Call Transcript
Fortune Brands Innovations, Inc. (NYSE:FBIN) Q1 2024 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Leigh Avsec – Vice President-Investor Relations and Corporate Affairs Nick...
Fortune Brands Delivers First Quarter Sales and Margin Results Reflecting Strong Execution; Reaffirms Full Year Guidance
DEERFIELD, Ill.--(BUSINESS WIRE)-- #FBIN--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry leading innovation company focused on creating smarter, safer ...