Fortune Brands Home & Security (FBHS) to Release Earnings on Wednesday

Fortune Brands Home & Security (NYSE:FBHS) will be posting its quarterly earnings results after the market closes on Wednesday, January 29th. Analysts expect Fortune Brands Home & Security to post earnings of $0.97 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Shares of FBHS stock opened at $67.46 on Tuesday. The company has a current ratio of 1.39, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89. The firm has a fifty day moving average price of $66.63 and a 200 day moving average price of $58.89. The company has a market cap of $9.67 billion, a P/E ratio of 23.10, a PEG ratio of 1.86 and a beta of 1.53. Fortune Brands Home & Security has a 12 month low of $41.43 and a 12 month high of $70.85.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Friday, February 28th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.42%. This is an increase from Fortune Brands Home & Security’s previous quarterly dividend of $0.22. Fortune Brands Home & Security’s payout ratio is presently 26.35%.

In other Fortune Brands Home & Security news, CEO Christopher J. Klein sold 110,530 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $62.06, for a total value of $6,859,491.80. Also, Director Ann F. Hackett sold 2,387 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $62.83, for a total transaction of $149,975.21. The disclosure for this sale can be found here. Insiders sold 243,356 shares of company stock valued at $15,312,755 in the last 90 days. 1.63% of the stock is currently owned by insiders.

A number of equities analysts recently commented on the stock. Bank of America downgraded shares of Fortune Brands Home & Security from a “buy” rating to a “neutral” rating and set a $71.00 target price for the company. in a research note on Tuesday, January 7th. They noted that the move was a valuation call. Jefferies Financial Group boosted their target price on shares of Fortune Brands Home & Security from $67.00 to $73.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Barclays reiterated a “sell” rating and set a $61.00 target price on shares of Fortune Brands Home & Security in a research note on Thursday, December 19th. Royal Bank of Canada downgraded shares of Fortune Brands Home & Security from an “outperform” rating to a “sector perform” rating and set a $67.00 target price for the company. in a research note on Tuesday, December 17th. Finally, Nomura boosted their target price on shares of Fortune Brands Home & Security from $64.00 to $67.00 and gave the stock a “neutral” rating in a research note on Friday, December 6th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $66.91.

About Fortune Brands Home & Security

Fortune Brands Home & Security, Inc, together with its subsidiaries, provides home and security products for residential home repair, remodeling, new construction, and security applications. It operates in three segments: Cabinets, Plumbing, and Doors & Security. The Cabinets segment manufactures custom, semi-custom, and stock cabinetry, as well as vanities for the kitchen, bath, and other parts of the home directly to kitchen and bath dealers, home centers, wholesalers, and builders in North America.

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Earnings History for Fortune Brands Home & Security (NYSE:FBHS)

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