MasterBrand, Inc. (MBC)

NYSE: MBC · IEX Real-Time Price · USD
16.60
-0.15 (-0.90%)
Jul 19, 2024, 4:00 PM EDT - Market closed
-0.90%
Market Cap 2.11B
Revenue (ttm) 2.69B
Net Income (ttm) 184.50M
Shares Out 127.00M
EPS (ttm) 1.42
PE Ratio 11.69
Forward PE 10.67
Dividend n/a
Ex-Dividend Date n/a
Volume 577,995
Open 16.79
Previous Close 16.75
Day's Range 16.52 - 17.07
52-Week Range 10.54 - 19.07
Beta n/a
Analysts Strong Buy
Price Target 15.00 (-9.64%)
Earnings Date Aug 6, 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 12,000
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 $15.0.

Price Target
$15.0
(-9.64% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

10 days 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...

12 days 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...

25 days 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 weeks 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 weeks 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 ...

5 weeks 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...

2 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....

2 months ago - Business Wire

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...

2 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...

2 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...

3 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...

4 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.

4 months ago - CNBC Television

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...

5 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...

6 months ago - Business Wire

MasterBrand, Inc. to Locate Corporate Headquarters Near Cleveland

CLEVELAND--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), North America's largest manufacturer of residential cabinets, has announced plans to locate its corporate he...

8 months ago - Business Wire

MasterBrand Reports Third Quarter 2023 Financial Results

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced third quarter 2023 financi...

9 months ago - Business Wire

MasterBrand to Present at Baird's Global Industrial Conference

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced that Dave Banyard, Preside...

9 months ago - Business Wire

MasterBrand to Announce Third Quarter 2023 Results on November 7

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

10 months ago - Business Wire

MasterBrand Announces Participation in Habitat for Humanity's 37th Carter Work Project

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced it will be participating i...

10 months ago - Business Wire

MasterBrand Announces Participation in Zelman's 2023 Virtual Housing Summit

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced that Dave Banyard, Preside...

11 months ago - Business Wire

MasterBrand Named as One of America's Safest Companies by EHS Today

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, has been named one of America's Safest Com...

11 months ago - Business Wire

MasterBrand Reports Second Quarter 2023 Financial Results

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced second quarter 2023 financ...

1 year ago - Business Wire

MasterBrand to Announce Second Quarter 2023 Results on August 8

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

1 year ago - Business Wire

MasterBrand Releases Inaugural Environmental, Social and Governance (ESG) Report

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today released the Company's inaugural Env...

1 year ago - Business Wire