Wall Street analysts expect Fortune Brands Home & Security Inc (NYSE:FBHS) to report $1.04 earnings per share (EPS) for the current quarter, according to Zacks. Seven analysts have issued estimates for Fortune Brands Home & Security’s earnings. The highest EPS estimate is $1.07 and the lowest is $1.00. Fortune Brands Home & Security reported earnings of $1.00 per share in the same quarter last year, which indicates a positive year over year growth rate of 4%. The business is scheduled to report its next quarterly earnings report on Thursday, July 25th.

On average, analysts expect that Fortune Brands Home & Security will report full-year earnings of $3.66 per share for the current financial year, with EPS estimates ranging from $3.63 to $3.71. For the next financial year, analysts expect that the business will post earnings of $4.02 per share, with EPS estimates ranging from $3.91 to $4.17. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Fortune Brands Home & Security.

Fortune Brands Home & Security (NYSE:FBHS) last posted its quarterly earnings results on Wednesday, April 24th. The industrial products company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.59 by $0.04. Fortune Brands Home & Security had a net margin of 7.18% and a return on equity of 22.33%. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same period in the previous year, the company posted $0.56 EPS. Fortune Brands Home & Security’s revenue was up 5.8% on a year-over-year basis.

FBHS has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Fortune Brands Home & Security from a “sell” rating to a “hold” rating in a report on Wednesday, January 23rd. Credit Suisse Group reissued a “hold” rating and set a $49.00 target price on shares of Fortune Brands Home & Security in a research report on Thursday, February 7th. Loop Capital boosted their target price on shares of Fortune Brands Home & Security to $44.00 and gave the stock a “hold” rating in a research report on Friday, February 1st. ValuEngine raised shares of Fortune Brands Home & Security from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 13th. Finally, Barclays lowered shares of Fortune Brands Home & Security from an “equal weight” rating to an “underweight” rating and cut their target price for the stock from $45.00 to $44.00 in a research report on Thursday, April 11th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $54.20.

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Shares of Fortune Brands Home & Security stock traded down $0.42 on Friday, hitting $52.79. 779,278 shares of the company traded hands, compared to its average volume of 1,795,086. The company has a quick ratio of 0.90, a current ratio of 1.49 and a debt-to-equity ratio of 1.03. Fortune Brands Home & Security has a 12-month low of $35.27 and a 12-month high of $58.75. The stock has a market cap of $7.38 billion, a P/E ratio of 15.81, a P/E/G ratio of 1.56 and a beta of 1.49.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 19th. Stockholders of record on Friday, May 31st will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date is Thursday, May 30th. Fortune Brands Home & Security’s dividend payout ratio is currently 26.35%.

In other news, insider David Randich sold 20,000 shares of the company’s stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of $53.00, for a total transaction of $1,060,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Brian C. Lantz sold 3,055 shares of the company’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $53.48, for a total transaction of $163,381.40. The disclosure for this sale can be found here. Insiders have sold 25,247 shares of company stock valued at $1,338,571 in the last ninety days. 1.63% of the stock is owned by company insiders.

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Institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank bought a new stake in Fortune Brands Home & Security in the fourth quarter valued at about $58,147,000. FMR LLC grew its stake in Fortune Brands Home & Security by 44.9% during the fourth quarter. FMR LLC now owns 3,002,891 shares of the industrial products company’s stock worth $114,079,000 after buying an additional 929,793 shares during the last quarter. Two Sigma Advisers LP grew its stake in Fortune Brands Home & Security by 156.3% during the fourth quarter. Two Sigma Advisers LP now owns 757,384 shares of the industrial products company’s stock worth $28,773,000 after buying an additional 461,912 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Fortune Brands Home & Security by 40.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,539,338 shares of the industrial products company’s stock worth $58,478,000 after buying an additional 445,041 shares during the last quarter. Finally, Eagle Asset Management Inc. grew its stake in Fortune Brands Home & Security by 33.0% during the first quarter. Eagle Asset Management Inc. now owns 1,775,072 shares of the industrial products company’s stock worth $84,511,000 after buying an additional 440,020 shares during the last quarter. 88.90% of the stock is owned by institutional investors and hedge funds.

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 four segments: Cabinets, Plumbing, Doors, and 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 and Estimates for Fortune Brands Home & Security (NYSE:FBHS)



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