You’ve probably seen it flashing on your screen or buried in a watch list. SWBI. That’s the smith wesson stock ticker, and honestly, it’s one of the most misunderstood symbols on the Nasdaq today. Most folks look at it and see a "sin stock" or a political football, but if you're actually trying to make sense of the numbers, you've gotta look past the noise.
It’s been a wild ride lately. Just this morning, January 15, 2026, the stock was hovering around $11.04. That’s a bit of a bounce from the $7.73 low we saw over the last year, but it's still a far cry from those $17+ peaks back in early 2024. Why the rollercoaster? Because Smith & Wesson isn't just selling revolvers; they’re navigating a massive shift in how they make money and where they even live.
Why the SWBI Ticker is More Than Just a Number
When people search for the smith wesson stock ticker, they’re usually looking for a quick price. But the story underneath is kinda heavy. The company recently finished a massive move from Massachusetts to Maryville, Tennessee. That wasn't just about taxes. It was a $120 million bet on a friendlier regulatory environment and a more efficient way to build guns.
The move hit the balance sheet hard. In the second quarter of fiscal 2026 (which ended October 2025), they reported net sales of $124.7 million. That’s a small drop—about 3.9%—from the year before. But look at the cash flow. Operating cash flow shot up by $34.7 million compared to the previous year. That’s the "flexible manufacturing model" Mark Smith, the CEO, keeps talking about.
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The Dividend Dilemma
A lot of investors are camping out on SWBI for the yield. It’s currently sitting around 4.7% to 4.8%.
- Quarterly dividend: $0.13 per share.
- Last payment: January 2, 2026.
- Total annual payout: $0.52.
Is it safe? Some analysts at places like Simply Wall St are a bit skeptical, pointing out that the payout ratio is over 200% based on recent GAAP earnings. But the company just authorized another $50 million for share buybacks. They clearly think the cash is there, even if the "paper" earnings look thin right now.
What's Driving the Price in 2026?
Honestly, the "Trump Effect" is real, but maybe not how you’d think. Traditionally, gun stocks go up when people are scared of new laws. When a pro-Second Amendment administration is in power, that "panic buying" disappears. The NSSF (National Shooting Sports Foundation) actually noted that monthly gun sales dipped below 1 million for the first time in six years recently.
People feel "safe" that their rights aren't going anywhere, so they stop rushing to the gun store. This creates a weird paradox where a "friendly" government can actually lead to lower sales volume for the smith wesson stock ticker.
Innovation is the Real Engine
Despite the macro headwinds, Smith & Wesson is pushing new products like crazy.
- New products accounted for nearly 39% of sales in the last quarter.
- The Bodyguard 2.0 and the Shield X are basically carrying the team.
- Handgun shipments actually jumped 35% year-over-year recently, even while the broader market was sagging.
They are effectively stealing market share from smaller players who can't keep up with the R&D.
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The Financial Reality Check
Let's talk about the P/E ratio because it's currently a bit of a jump-scare. It’s sitting around 50x. For a manufacturing company, that’s usually "run for the hills" territory. However, that number is skewed by the massive one-time costs of the Tennessee relocation and recent margin compression.
The "fair value" estimates from analysts vary wildly. Fintel has a one-year price target of $13.77, while others are more conservative around $11.00.
Current health check:
- Debt-to-Equity: 24.5% (Very manageable).
- Cash on Hand: $27.3 million.
- Inventory: Down 15% year-over-year (This is good; it means they aren't sitting on old stock).
Actionable Insights for Investors
If you're watching the smith wesson stock ticker for an entry point, you have to decide if you believe in the "margin recovery" story. The company expects fiscal 2026 to look a lot like 2025 in terms of demand, but with better efficiency.
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Watch the NICS background checks. If those start to climb again, SWBI usually follows.
Keep an eye on the July earnings. That’s when the full annual impact of the Tennessee move will finally be clear on the 10-K.
Diversify. Gun stocks are famously volatile and sensitive to headline risk. Don't make it the only thing in your "leisure and industrials" bucket.
The next dividend ex-date is expected in mid-March 2026. If you're chasing that 4.7% yield, make sure you're comfortable with the idea that the stock might move 5% in either direction based on a single news cycle.
Next, you should pull the latest SEC 10-Q filing for Smith & Wesson to verify the exact "Adjusted EBITDAS" trends, as this is the metric management uses to justify their aggressive dividend policy during this transition year.