How to buy Brown-Forman Corporation shares

Own Brown-Forman Corporation shares in just a few minutes.

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Brown-Forman Corporation (BF-B) is a leading beverages-wineries & distilleries business with stocks listed in the US. It opened the day at US$75.55 after a previous close of US$75.54. During the day the price has varied from a low of USD74.95 to a high of USD75.62. The latest price was USD75.56 (25 minute delay). Brown-Forman Corporation is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Brown-Forman Corporation

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Brown-Forman Corporation. Find the share by name or ticker symbol: BF-B. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Brown-Forman Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$80.7, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Brown-Forman Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Brown-Forman Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Brown-Forman Corporation share price

Use our graph to track the performance of BF.B stocks over time.

Brown-Forman Corporation shares at a glance

Information last updated 2021-06-11.
OpenUS$75.55
HighUS$75.62
LowUS$74.95
CloseUS$75.56
Previous closeUS$75.54
Change US$0.02
Change % 0.0265%
Volume 776,773
Information last updated 2021-06-10.
52-week rangeUS$60.5407 - US$82.1251
50-day moving average US$78.2011
200-day moving average US$75.547
Target priceUS$73.16
PE ratio 40.0263
Dividend yield US$0.702 (0.88%)
Earnings per share (TTM) US$1.9

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Brown-Forman Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Brown-Forman Corporation price performance over time

Historical closes compared with the last close of $75.56

1 month (2021-05-12) -0.80%
3 months (2021-03-12) 5.08%
6 months (2020-12-11) -1.06%
1 year (2020-06-12) 15.80%
2 years (2019-06-12) 31.23%
3 years (2018-06-12) 43.19%
5 years (2016-06-10) -3.83%

Is Brown-Forman Corporation under- or over-valued?

Valuing Brown-Forman Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Brown-Forman Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Brown-Forman Corporation's P/E ratio

Brown-Forman Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, Brown-Forman Corporation shares trade at around 40x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Brown-Forman Corporation's PEG ratio

Brown-Forman Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.4156. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Brown-Forman Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Brown-Forman Corporation's EBITDA

Brown-Forman Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.1 billion.

The EBITDA is a measure of a Brown-Forman Corporation's overall financial performance and is widely used to measure a its profitability.

Brown-Forman Corporation financials

Revenue TTM US$3.4 billion
Operating margin TTM 31.86%
Gross profit TTM US$2.1 billion
Return on assets TTM 11.13%
Return on equity TTM 40.73%
Profit margin 27.13%
Book value 5.156
Market capitalisation US$35.5 billion

TTM: trailing 12 months

Shorting Brown-Forman Corporation shares

There are currently 3.0 million Brown-Forman Corporation shares held short by investors – that's known as Brown-Forman Corporation's "short interest". This figure is 9.3% up from 2.7 million last month.

There are a few different ways that this level of interest in shorting Brown-Forman Corporation shares can be evaluated.

Brown-Forman Corporation's "short interest ratio" (SIR)

Brown-Forman Corporation's "short interest ratio" (SIR) is the quantity of Brown-Forman Corporation shares currently shorted divided by the average quantity of Brown-Forman Corporation shares traded daily (recently around 1.1 million). Brown-Forman Corporation's SIR currently stands at 2.77. In other words for every 100,000 Brown-Forman Corporation shares traded daily on the market, roughly 2770 shares are currently held short.

However Brown-Forman Corporation's short interest can also be evaluated against the total number of Brown-Forman Corporation shares, or, against the total number of tradable Brown-Forman Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Brown-Forman Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Brown-Forman Corporation shares in existence, roughly 10 shares are currently held short) or 0.0097% of the tradable shares (for every 100,000 tradable Brown-Forman Corporation shares, roughly 10 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Brown-Forman Corporation.

Find out more about how you can short Brown-Forman Corporation stock.

Brown-Forman Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Brown-Forman Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Brown-Forman Corporation's total ESG risk score

Total ESG risk: 27.77

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Brown-Forman Corporation's overall score of 27.77 (as at 12/31/2018) is pretty good – landing it in it in the 36th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Brown-Forman Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Brown-Forman Corporation's environmental score

Environmental score: 12.67/100

Brown-Forman Corporation's environmental score of 12.67 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Brown-Forman Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Brown-Forman Corporation's social score

Social score: 17.2/100

Brown-Forman Corporation's social score of 17.2 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that Brown-Forman Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Brown-Forman Corporation's governance score

Governance score: 10.4/100

Brown-Forman Corporation's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that Brown-Forman Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Brown-Forman Corporation's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Brown-Forman Corporation scored a 1 out of 5 for controversy – the highest score possible, reflecting that Brown-Forman Corporation has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Brown-Forman Corporation was last rated for ESG on: 2019-01-01.

Total ESG score 27.77
Total ESG percentile 36
Environmental score 12.67
Environmental score percentile 9
Social score 17.2
Social score percentile 9
Governance score 10.4
Governance score percentile 9
Level of controversy 1

Brown-Forman Corporation share dividends

53%

Dividend payout ratio: 52.8% of net profits

Recently Brown-Forman Corporation has paid out, on average, around 52.8% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Brown-Forman Corporation shareholders could enjoy a 0.9% return on their shares, in the form of dividend payments. In Brown-Forman Corporation's case, that would currently equate to about $0.702 per share.

Brown-Forman Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Brown-Forman Corporation's most recent dividend payout was on 30 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 6 June 2021 (the "ex-dividend date").

Have Brown-Forman Corporation's shares ever split?

Brown-Forman Corporation's shares were split on a 5:4 basis on 28 February 2018. So if you had owned 4 shares the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Brown-Forman Corporation shares – just the quantity. However, indirectly, the new 20% lower share price could have impacted the market appetite for Brown-Forman Corporation shares which in turn could have impacted Brown-Forman Corporation's share price.

Brown-Forman Corporation share price volatility

Over the last 12 months, Brown-Forman Corporation's shares have ranged in value from as little as US$60.5407 up to US$82.1251. A popular way to gauge a stock's volatility is its "beta".

BF-B.US volatility(beta: 0.83)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Brown-Forman Corporation's is 0.825. This would suggest that Brown-Forman Corporation's shares are less volatile than average (for this exchange).

Brown-Forman Corporation overview

Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Old Forester, Early Times, Slane Irish Whiskey, Coopers' Craft, el Jimador, Herradura, New Mix, Pepe Lopez, Antiguo, Finlandia, Korbel Champagne, and Sonoma-Cutrer brands. It is also involved in the sale of used barrels, bulk whiskey, and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. It has operations in the United States, the United Kingdom, Germany, Australia, Mexico, and internationally. Brown-Forman Corporation was founded in 1870 and is headquartered in Louisville, Kentucky.

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