Trade Smith & Wesson Brands Inc - SWBI CFD

Smith & Wesson Brands Inc

Smith & Wesson Brands, Inc. (SWBI) is a firearms manufacturer, headquartered in Massachusetts’ Springfield in the US. It produces products for shooting and hunting for the international consumer and professional markets.

The company operates in two segments: Firearms and Outdoor Products & Accessories. The former segment offers handgun, long gun, and suppressor products under the Smith & Wesson, Thompson/Center Arms, M&P  and Gemtech brands. Meanwhile, the latter segment includes outdoor products and accessories and electro-optics divisions.

The company had been established as Smith & Wesson in 1852 by Horace Smith and Daniel Baird Wesson. Smith & Wesson Brands remained a privately-held company from 1852 to 2001.

The company’s stock trades on the NASDAQ exchange. On 11 May, 2001, a publicly traded firm Saf-T-Hammer Corporation took over Smith & Wesson Corp. Saf-T-Hammer Corporation was renamed to Smith & Wesson Holding Corporation with the ticker symbol SWHC on 14 February 2002. 

On 1 January 2017, Smith & Wesson Holding Corporation’s name was changed to American Outdoor Brands Corporation and its ticker symbol was changed to AOBC. On June 1, 2020, the company changed its name to Smith & Wesson Brands, Inc. and its ticker symbol became SWBI. 

As of July 2022, the company pays quarterly and semi-annual dividends to its shareholders.

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