17-Jan-2025
Fortune Brands Innovations (FBIN) Receives a Rating Update from a Top Analyst
TipRanks (Thu, 16-Jan 2:46 AM ET)
Business Wire (Tue, 14-Jan 4:05 PM ET)
Fortune Brands Increases Quarterly Dividend
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Business Wire (Wed, 6-Nov 4:05 PM ET)
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Fortune Brands Innovations is a leading home and security products company that has three reportable segments. The company's $2.6 billion water segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures; the $1.3 billion outdoors segment primarily sells entry doors under the Therma-Tru brand name and Fiberon-branded patio decking; and the $723 million security segment sells locks and other security devices under the Master Lock, SentrySafe, Yale, and August brand names.
Fortune Brands Innovations trades on the NYSE stock market under the symbol FBIN.
As of January 17, 2025, FBIN stock price climbed to $74.57 with 933,712 million shares trading.
FBIN has a market cap of $9.25 billion. This is considered a Mid Cap stock.
Last quarter Fortune Brands Innovations reported $1 billion in Revenue and $1.16 earnings per share. This fell short of revenue expectation by $-85 million and exceeded earnings estimates by $.02.
The top ETF exchange traded funds that FBIN belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.
FBIN has underperformed the market in the last year with a return of -1.0%, while the SPY ETF gained +28.0%. In the last 3 month period, FBIN fell short of the market, returning -15.8%, while SPY returned +3.0%. However, in the most recent 2 weeks FBIN has outperformed the stock market by returning +9.3%, while SPY returned +1.0%.
FBIN support price is $73.09 and resistance is $75.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FBIN shares will trade within this expected range on the day.