MasterBrand, Inc. (MBC)

NYSE: MBC · Real-Time Price · USD
18.97
-0.23 (-1.20%)
Oct 21, 2024, 4:00 PM EDT - Market closed
-1.20%
Market Cap 2.41B
Revenue (ttm) 2.67B
Net Income (ttm) 178.60M
Shares Out 127.07M
EPS (ttm) 1.37
PE Ratio 13.85
Forward PE 12.86
Dividend n/a
Ex-Dividend Date n/a
Volume 707,126
Open 19.19
Previous Close 19.20
Day's Range 18.75 - 19.23
52-Week Range 10.59 - 19.31
Beta n/a
Analysts Strong Buy
Price Target 23.00 (+21.24%)
Earnings Date Nov 5, 2024

About MBC

MasterBrand, Inc. engages in the manufacture and sale of residential cabinets in the United States and Canada. The company offers a range of residential cabinetry products for the kitchen, bathroom, and other parts of the home. It sells its products to remodeling and new construction markets through dealers, retailers, and builders. The company was formerly known as United Cabinet Incorporated. MasterBrand, Inc. was founded in 1954 and is headquartered in Beachwood, Ohio. [Read more]

Founded 1954
Employees 12,307
Stock Exchange NYSE
Ticker Symbol MBC
Full Company Profile

Financial Performance

In 2023, MasterBrand's revenue was $2.73 billion, a decrease of -16.77% compared to the previous year's $3.28 billion. Earnings were $182.00 million, an increase of 17.12%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MBC stock is "Strong Buy" and the 12-month stock price forecast is $23.0.

Price Target
$23.0
(21.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MasterBrand to Announce Third Quarter 2024 Results on November 5

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced it will release its thi...

13 days ago - Business Wire

MasterBrand: Crafting A Comeback

MasterBrand is a leading North American cabinetry manufacturer, showing stable revenue growth despite FY23 challenges, and has improved margins through strategic initiatives and cost-saving measures. ...

24 days ago - Seeking Alpha

MasterBrand, Inc. (MBC) Q2 2024 Earnings Call Transcript

MasterBrand, Inc. (NYSE:MBC) Q2 2024 Results Conference Call August 6, 2024 4:30 PM ET Company Participants Farand Pawlak - VP, IR, Treasury and Corporate Communications Dave Banyard - President, CEO...

2 months ago - Seeking Alpha

MasterBrand Reschedules Second Quarter 2024 Earnings Conference Call to 5:30pm ET on August 6, 2024

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, has postponed its second quarter 2024 f...

2 months ago - Business Wire

MasterBrand Reports Second Quarter 2024 Financial Results

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced second quarter 2024 fin...

2 months ago - Business Wire

MasterBrand Releases Annual Corporate Sustainability and Responsibility (CSR) Report

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today released the Company's annual Cor...

2 months ago - Business Wire

MasterBrand Cabinets: Undervalued If The Market Stabilizes

MasterBrand Cabinets (MBC) stock price, similar to AMWD, is down double-digits since the early part of 2024. While Q1 sales were down sequentially and on a year-over-year basis, it does appear that th...

3 months ago - Seeking Alpha

MasterBrand Completes Acquisition of Supreme Cabinetry Brands

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), through its subsidiary MasterBrand Cabinets LLC, today announced that it has completed its acquisition...

3 months ago - Business Wire

MasterBrand to Announce Second Quarter 2024 Results on August 6

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced it will release its sec...

3 months ago - Business Wire

MasterBrand Launches Dealer Designer Council, Gains Customer Insights and Provides Community for Dealer Designers

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc., (NYSE: MBC, the “Company,” or “MasterBrand”) the largest residential cabinet manufacturer in North America, recently launched the MasterBrand Deale...

4 months ago - Business Wire

MasterBrand, Inc. Announces Pricing of Previously Announced Offering of $700 million of Senior Notes due 2032

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company”) today announced that it has priced its previously announced notes offering (the “Offering”) and has agreed to issue and s...

4 months ago - Business Wire

MasterBrand, Inc. Announces Intention to Offer $700 Million Senior Notes Due 2032

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company”) today announced that it intends, subject to market and other customary conditions, to offer (the “Offering”) $700 million...

4 months ago - Business Wire

MasterBrand Adds Catherine Courage to Board of Directors

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced that Catherine Courage ...

4 months ago - Business Wire

City of Hope Researchers to Present Investigational Treatments for Colorectal, Kidney and Blood Cancers at 2024 American Society of Clinical Oncology (ASCO) Annual Meeting

LOS ANGELES--(BUSINESS WIRE)--World-renowned physicians and researchers from City of Hope®, one of the largest cancer research and treatment organizations in the United States, will present new data a...

5 months ago - Business Wire

MasterBrand to Acquire Supreme Cabinetry Brands, a Manufacturer of Premier Cabinet Brands

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), through its subsidiary MasterBrand Cabinets, LLC, has agreed to acquire Supreme Cabinetry Brands, Inc....

5 months ago - Business Wire

MasterBrand, Inc. (MBC) Q1 2024 Earnings Call Transcript

MasterBrand, Inc. (NYSE:MBC) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Farand Pawlak - VP of IR and Corporate Communications Dave Banyard - President and CEO Andi S...

5 months ago - Seeking Alpha

MasterBrand Reports First Quarter 2024 Financial Results

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced first quarter 2024 fina...

5 months ago - Business Wire

City of Hope to Present New Research at the American Society of Clinical Oncology (ASCO) Annual Meeting 2024, Highlighting Promising Data on Stem Cell Transplantation, Blood Cancers and Supportive Care Oncology Interventions

LOS ANGELES--(BUSINESS WIRE)--World-renowned physicians and researchers from City of Hope®, one of the largest cancer research and treatment organizations in the United States, will present new findin...

6 months ago - Business Wire

MasterBrand to Announce First Quarter 2024 Results on May 7

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced it will release its fir...

6 months ago - Business Wire

MasterBrand Adds Patrick Shannon to Board of Directors

CLEVELAND--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced that Patrick Shannon was appo...

7 months ago - Business Wire

MasterBrand CEO Dave Banyard sits down one-on-one with Jim Cramer

MasterBrand CEO Dave Banyard sits down with 'Mad Money' host Jim Cramer to talk its distribution network, free cash flow, investments in tech and much more.

7 months ago - CNBC Television

MasterBrand Inc. (MBC) Q4 2023 Earnings Call Transcript

MasterBrand Inc. (MBC) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

MasterBrand Reports Fourth Quarter and Full Year 2023 Financial Results

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced fourth quarter and full...

8 months ago - Business Wire

MasterBrand to Announce Fourth Quarter and Full Year 2023 Results on February 26

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced it will release its fou...

9 months ago - Business Wire

MasterBrand: An Attractive Play On Long-Term Growth Despite Recent Pain

MasterBrand, a provider of cabinetry products, is a solid value play in the market. The company has achieved attractive growth in recent years, but has experienced decline in revenue and cash flows in...

10 months ago - Seeking Alpha