Fortune Brands Innovations, Inc. (FBIN)

NYSE: FBIN · IEX Real-Time Price · USD
57.95
+0.99 (1.74%)
Mar 20, 2023, 4:03 PM EDT - Market closed
1.74%
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]

Sector Industrials
Founded 1988
Employees 28,000
Stock Exchange NYSE
Ticker Symbol FBIN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$69.43
(19.81% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 weeks ago - Business Wire

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, ...

Other symbols: ETDTPXWSM
2 weeks ago - Zacks Investment Research

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...

1 month ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

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.

1 month ago - Zacks Investment Research

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 ...

1 month ago - PRNewsWire

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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...

Other symbols: FSLR
3 months ago - PRNewsWire

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...

3 months ago - Market Watch

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...

3 months ago - Business Wire

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.

3 months ago - Zacks Investment Research

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...

Other symbols: SPB
3 months ago - PRNewsWire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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.

4 months ago - Zacks Investment Research