Fortune Brands Innovations, Inc. (FBIN)
Market Cap | 7.43B |
Revenue (ttm) | 4.72B |
Net Income (ttm) | 686.70M |
Shares Out | 128.27M |
EPS (ttm) | 5.23 |
PE Ratio | 11.08 |
Forward PE | n/a |
Dividend | $1.07 (1.85%) |
Ex-Dividend Date | Feb 23, 2023 |
Volume | 1,793,154 |
Open | 57.22 |
Previous Close | 56.96 |
Day's Range | 57.22 - 58.27 |
52-Week Range | 45.26 - 73.34 |
Beta | 1.57 |
Analysts | Buy |
Price Target | 69.43 (+19.81%) |
Earnings Date | Apr 27, 2023 |
About FBIN
Fortune Brands Innovations, Inc. provides water, outdoor, and security products, including water management, connected products, outdoor living, material conversion, sustainability, safety, and wellness. The company's portfolio of brands comprising Moen, House of Rohl, Aqualisa, Therma-Tru, Larson, Fiberon, Master Lock, and SentrySafe. Fortune Brands Innovations, Inc. was incorporated in 1988 and is headquartered in Deerfield, Illinois. [Read more]
Financial Performance
In 2022, FBIN's revenue was $4.72 billion, a decrease of -1.63% compared to the previous year's $4.80 billion. Earnings were $686.70 million, a decrease of -11.10%.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for FBIN stock is "Buy." The 12-month stock price forecast is $69.43, which is an increase of 19.81% from the latest price.
News

Fortune Brands Elects Stephanie Pugliese to Board of Directors
DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and commercial building products company, today...

4 Retail Home Furnishing Stocks to Watch in a Challenging Industry
Soft demand, supply-chain issues and rising raw material prices are concerns for the Zacks Retail-Home Furnishing industry. Players such as WSM, FBIN, TPX and ETD can gain from focus on digitization, ...

Fortune Brands Innovations (FBIN) Q4 Earnings and Revenues Top Estimates
Fortune Brands Innovations (FBIN) delivered earnings and revenue surprises of 8.08% and 0.21%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the s...

MOEN DESIGNER COUNCIL IS READY FOR APPLICATIONS
NORTH OLMSTED, Ohio , Feb. 9, 2023 /PRNewswire/ -- Kitchen and bath designers will have a place to guide the future of products, be celebrated for their work, and support one another, thanks to the ne...

Earnings Preview: Fortune Brands Innovations (FBIN) Q4 Earnings Expected to Decline
Fortune Brands Innovations (FBIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The House of Rohl® Inspires a Life Well-Crafted Through Latest Innovations & Timeless Classics at KBIS 2023
Latest collections to inspire endless design possibilities throughout the home IRVINE, Calif. , Jan. 31, 2023 /PRNewswire/ -- Today, House of Rohl®, a portfolio of five iconic, global luxury plumbing ...

Fypon Launches Expanded Product Offering For 2023
MAUMEE, Ohio--(BUSINESS WIRE)--Fypon is launching an expanded offering of products this year, including a wider variety of beam mantel styles plus additional sizes for raised panel and louvered shut...

Therma-Tru launches 2023 new products for fiberglass and steel entryways
MAUMEE, Ohio--(BUSINESS WIRE)--Therma-Tru has announced its new fiberglass and steel product lineup for 2023, including an innovative, integrated storm and entry door system, decorative glass design...

Enterra Solutions Announces Multi-Year SaaS Contract with Fortune Brands Water Innovations for Advanced Trade Promotion and Pricing Optimization
PRINCETON, N.J. & NORTH OLMSTED, Ohio--(BUSINESS WIRE)--Enterra Solutions, the leader in autonomous value-chain optimization and decision-making solutions, and Fortune Brands Water Innovations (“For...

Fortune Brands Announces CFO Transition; Appoints David Barry as Company's Next Chief Financial Officer
DEERFIELD, Ill--(BUSINESS WIRE)--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and commercial building products company, toda...

Therma-Tru announces launch of high-end Veris collection
MAUMEE, Ohio--(BUSINESS WIRE)--The new Veris collection from Therma-Tru blends high-end style and unique functionality.

Therma-Tru and Fypon to introduce new products and programs via International Builders' Show and Virtual Experience
MAUMEE, Ohio--(BUSINESS WIRE)--Therma-Tru and Fypon invite building and design professionals to preview their new products and programs at the 2023 International Builders' Show (IBS) or by participa...

Fiberon to celebrate 25th anniversary in 2023; introduce new products at Virtual Experience
MAUMEE, Ohio--(BUSINESS WIRE)--Fiberon invites trade professionals to the third annual Fiberon Virtual Experience, allowing them to explore a collection of new, on-trend products and programs design...

Moen® Smart Sprinkler Controller Makes Outdoor Watering Routines Effortless, All From The Palm of Your Hand
DISCOVER A SMARTER WAY TO WATER WITH AUTOMATED WATERING ROUTINES NORTH OLMSTED, Ohio , Jan. 4, 2023 /PRNewswire/ -- Every lawn is unique. Its soil, the amount of sun and water it receives, the propert...

From a Smart Home to a Smart Yard: Moen Expands the Industry's First Whole-Home Connected Water Product Suite to the Outdoors
THE EXPANSION OF SMART WATER TECHNOLOGY TO THE YARD ALLOWS HOMEOWNERS TO NOW CONTROL AND CONSERVE WATER IN THE AREAS THEY USE IT MOST NORTH OLMSTED, Ohio , Jan. 3, 2023 /PRNewswire/ -- Moen is connect...

Fortune Brands Completes Separation of MasterBrand
DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Innovations, Inc. (NYSE: FBIN or “Fortune Brands” or the “Company”), an industry-leading home, security and commercial building products company, ann...

Fortune Brands Declares Quarterly Dividend
DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Home & Security, Inc. (NYSE: FBHS) announced that on December 12, 2022, its Board of Directors declared a quarterly cash dividend for Fortune Brands ...

First Solar Set to Join S&P 500; Fortune Brands Innovations to Join S&P MidCap 400; MasterBrand to Join S&P SmallCap 600
NEW YORK , Dec. 12, 2022 /PRNewswire/ -- S&P MidCap 400 constituent First Solar Inc. (NASD: FSLR) will replace Fortune Brands Home & Security Inc. (NYSE: FBHS) in the S&P 500, Fortune Brands Innovatio...

Fortune Brands Home & Security to change name to Fortune Brands Innovations
Fortune Brands Home & Security Inc. FBHS, -3.32% will separate into two companies on Dec. 14 following the spinoff of its MasterBrand Inc. cabinets business, with Fortune Brands changing its name to F...

Fortune Brands Outlines Go-Forward Strategies for Two World-Class Publicly Traded Companies at 2022 Investor Day
DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Home & Security, Inc. (NYSE: FBHS or “Fortune Brands” or the “Company”), an industry-leading home and security products company, today will host an I...

Fortune Brands (FBHS) to Buy Assa Abloy's Emtek, Yale Brands
Fortune Brands (FBHS) reaches an $800 million deal with Assa Abloy to acquire its Emtek and Yale businesses. The deal is contingent upon the closing of Spectrum Brands' sale of HHI to Assa Abloy.

ASSA ABLOY sells Emtek and the Smart Residential business in the U.S. and Canada in furtherance of the proposed acquisition of the Hardware and Home Improvement division
STOCKHOLM , Dec. 2, 2022 A SSA ABLOY has entered into binding agreements with Fortune Brands Home & Security, Inc. (NYSE: FBHS) or ("Fortune Brands") for the sale of Emtek and the Smart Residential bu...

Fortune Brands Announces Agreement to Acquire Emtek and Schaub Premium Residential Hardware Brands and the U.S. and Canadian Yale and August Residential Smart Lock Brands from ASSA ABLOY
DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Home & Security, Inc. (“FBHS,” “Fortune Brands” or the “Company”), an industry-leading home and security products company, today announced it has ent...

Fortune Brands Announces Effectiveness of the Form 10 Registration Statement for MasterBrand
DEERFIELD, Ill.---(BUSINESS WIRE)--Fortune Brands Home & Security, Inc. (NYSE: FBHS or “Fortune Brands” or the “Company”), an industry-leading home and security products company, today announced tha...

Fortune Brands (FBHS) Shares Down 38% YTD: What's Ailing It?
Weakness in housing market demand, softness in China operations, supply-chain woes and raw material cost-inflation are plaguing the Fortune Brands (FBHS) stock.