Newell Brands Inc (NWL-N) — Stockchase (2024)

FAQs

Is NWL stock a good buy? ›

Out of 8 analysts, 1 (12.5%) are recommending NWL as a Strong Buy, 0 (0%) are recommending NWL as a Buy, 7 (87.5%) are recommending NWL as a Hold, 0 (0%) are recommending NWL as a Sell, and 0 (0%) are recommending NWL as a Strong Sell.

Dividend History and Growth

Newell Brands Inc. ( NWL ) dividend payments per share are an average of -69.57% over the past 12 months, -32.73% over the past 36 months, -21.17% over the past 60 months, and -7.34% over the past 120 months.

Dividend Data

Nucor Corporation's ( NUE ) dividend yield is 1.24%, which means that for every $100 invested in the company's stock, investors would receive $1.24 in dividends per year. Nucor Corporation's payout ratio is 12.23% which means that 12.23% of the company's earnings are paid out as dividends.

Newell Brands is a leading consumer products company with a portfolio of iconic brands such as Graco^®, Coleman^®, Oster^®, Rubbermaid^® and Sharpie^®, and ~25,000 talented employees around the world. We aspire to delight consumers by lighting up everyday moments.

NWL Stock 12 Month Forecast

Based on 8 Wall Street analysts offering 12 month price targets for Newell Brands in the last 3 months. The average price target is $8.21 with a high forecast of $10.00 and a low forecast of $7.50. The average price target represents a -2.09% change from the last price of $8.39.

The key is to find a company that blends a high yield with a sound business model that can support earnings growth, and in turn, a higher dividend. Here's why Brookfield Renewable (NYSE: BEPC) (NYSE: BEP), Vitesse Energy (NYSE: VTS), and Chevron (NYSE: CVX) stand out as three high-yield stocks to buy now.

What are dividend stocks? Dividend stocks are shares of companies that regularly pay investors a portion of the company's earnings. The average dividend yield of some of the top dividend stocks is 12.69%. The best dividend stocks are shares of well-established companies that increase their payouts over time.

What is a healthy dividend payout? ›

A range of 35% to 55% is considered healthy and appropriate from a dividend investor's point of view. A company that is likely to distribute roughly half of its earnings as dividends means that the company is well established and a leader in its industry.

The average dividend yield on S&P 500 index companies that pay a dividend historically fluctuates somewhere between 2% and 5%, depending on market conditions.

Newell Brands stock sank Friday after company provided disappointing financial guidance. But the Rubbermaid brand owner's new strategy is starting to show signs of success. Newell Brands said Friday it expects full-year earnings between 52 cents a share and 62 cents a share in 2024.

Inventories decreased nearly $550 million versus the prior year period. At the end of the first quarter, Newell Brands had debt outstanding of $5.0 billion and cash and cash equivalents of $372 million, compared with $5.6 billion and $271 million, respectively, at the end of the first quarter of 2023.

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In the current month, NWC has received 3 Buy Ratings, 7 Hold Ratings, and 0 Sell Ratings. NWC average Analyst price target in the past 3 months is C$42.40.