Michaels Cos. Company Profile (NASDAQ:MIK)

Analyst Ratings

Consensus Ratings for Michaels Cos. (NASDAQ:MIK) (?)
Ratings Breakdown: 6 Hold Rating(s), 5 Buy Rating(s)
Consensus Rating:Hold (Score: 2.45)
Consensus Price Target: $29.00 (11.37% upside)

Analysts' Ratings History for Michaels Cos. (NASDAQ:MIK)
Show:
DateFirmActionRatingPrice TargetActions
7/19/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$33.00 -> $30.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/14/2016Piper Jaffray Cos.Lower Price TargetOverweight$34.00 -> $33.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/9/2016Deutsche Bank AGReiterated RatingBuy$30.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/2/2016BTIG ResearchInitiated CoverageNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/20/2016SunTrust Banks Inc.Reiterated RatingBuy$33.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/6/2016Goldman Sachs Group Inc.DowngradeBuy -> Neutral$30.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/19/2016Telsey Advisory GroupReiterated RatingHold$26.00 -> $28.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/18/2016Nomura Holdings Inc.Reiterated RatingBuy$29.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/7/2016Morgan StanleyDowngradeOverweight -> Equal Weight$25.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/13/2016GuggenheimLower Price Target$33.00 -> $29.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/6/2015Raymond James Financial Inc.Reiterated RatingOutperform$31.00 -> $27.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/4/2015MacquarieLower Price TargetNeutral$30.00 -> $25.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/20/2015Credit Suisse Group AGSet Price TargetHold$27.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/16/2015Barclays PLCBoost Price TargetEqual Weight$24.00 -> $30.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/6/2014Bank of America Corp.Initiated CoverageBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/6/2014Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/24/2014 forward)

Earnings

Earnings History for Michaels Cos. (NASDAQ:MIK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/25/2016        
6/7/2016Q116$0.35$0.36$1.17 billion$1.16 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/17/2016Q415$0.84$0.87$1.70 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
12/3/2015Q315$0.36$0.37$1.17 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/27/2015Q215$0.16$0.17$984.91 million$984.30 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
6/4/2015Q115$0.33$0.32$1.08 billion$1.08 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/19/2015Q414$0.74$0.75$1.60 billion$1.61 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/20/2014Q314$0.26$0.31$1.09 billion$1.13 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/27/2014Q214$0.08$0.15$943.00 million$948.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Michaels Cos. (NASDAQ:MIK)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Michaels Cos. (NASDAQ:MIK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Michaels Cos. (NASDAQ:MIK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
7/18/2016Blackstone Management AssociatMajor ShareholderSell5,500,000$27.71$152,405,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/18/2016Joshua BekensteinDirectorSell5,179,885$27.71$143,534,613.35View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/18/2016Philo PappasEVPSell2,205$27.32$60,240.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/6/2016Carl RubinCEOSell150,000$30.29$4,543,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/2/2016Carl RubinCEOSell100,000$30.00$3,000,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/2/2016Dennis A MullahyEVPSell7,421$30.00$222,630.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/3/2016Michael J VeitenheimerEVPSell85,931$28.61$2,458,485.91View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/2/2016Stephen Jon CarlottiEVPSell40,000$29.00$1,160,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/28/2016Philo PappasEVPSell112,807$28.82$3,251,097.74View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/26/2016Philo PappasEVPSell192,878$28.52$5,500,880.56View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/18/2016Carl RubinCEOSell75,000$29.50$2,212,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/29/2016Blackstone Management AssociatMajor ShareholderSell8,320,952$26.08$217,010,428.16View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/29/2016Lewis KlesselDirectorSell8,280,230$26.08$215,948,398.40View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/18/2016Charles M SonstebyCFOSell185,566$27.25$5,056,673.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/15/2015Michael J. VeitenheimerEVPSell50,000$26.19$1,309,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/1/2015Philo PappasEVPSell2,758$25.48$70,273.84View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/31/2015Thomas C. DecaroEVPSell60,003$25.84$1,550,477.52View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/14/2015Blackstone Group Management L.Major ShareholderSell6,118,347$26.51$162,197,378.97View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/14/2015Joshua BekensteinDirectorSell6,015,967$26.51$159,483,285.17View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/30/2015Lance A WeibyeSVPSell1,300$27.00$35,100.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/18/2015Lance A WeibyeSVPSell7,917$27.14$214,867.38View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/8/2015Michael J VeitenheimerSVPSell50,000$26.40$1,320,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/2/2015Charles M SonstebyCFOSell71,900$27.81$1,999,539.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/29/2015Charles M SonstebyCFOSell5,300$27.51$145,803.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/8/2015Michael J VeitenheimerSVPSell50,000$26.84$1,342,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/27/2015Charles M SonstebyCFOSell87,800$27.31$2,397,818.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/27/2015Theodore J BachmeierEVPSell44,688$27.32$1,220,876.16View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/24/2015Philo PappasEVPSell107,151$27.24$2,918,793.24View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/23/2015Thomas C DecaroEVPSell20,000$27.23$544,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/26/2015Thomas C DecaroEVPSell210,146$27.71$5,823,145.66View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/24/2015Thomas C DecaroEVPSell329,873$29.39$9,694,967.47View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/23/2015Michael J VeitenheimerSVPSell50,000$29.85$1,492,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/23/2015Thomas C DecaroEVPSell200,227$29.70$5,946,741.90View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/28/2015Matthew S LevinDirectorSell7,659,383$23.52$180,148,688.16View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/23/2015Philo PappasEVPSell96,851$24.66$2,388,345.66View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/21/2015Philo PappasEVPSell50,399$22.31$1,124,401.69View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/16/2015Philo PappasEVPSell78,986$23.43$1,850,641.98View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/15/2015Shawn E HearnSVPSell11,532$24.05$277,344.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/13/2015Philo PappasEVPSell30,796$23.93$736,948.28View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/12/2015Philo PappasEVPSell34,916$23.58$823,319.28View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/12/2015Shawn E HearnSVPSell32,256$23.93$771,886.08View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/9/2015Philo PappasEVPSell38,512$24.90$958,948.80View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/2/2014Carl RubinCEOBuy10,000$17.00$170,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/2/2014Theodore J BachmeierInsiderBuy3,000$17.00$51,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Michaels Cos. (NASDAQ:MIK)
DateHeadline
07/21/16 05:24 PMBain Capital Investors LLC Decreased Stake in Michaels Cos INC (NASDAQ:MIK) by $234.33 Million as Shares Rose - Consumer Eagle
07/19/16 05:23 AMMichaels Stores downgraded by JP Morgan -
07/15/16 01:51 PMMichaels Stores, Inc. -- Moody's upgrades Michaels Corporate Family Rating to Ba2; outlook stable -
07/15/16 09:36 AMMichaels and Hess slide, Teva and JetBlue trade higher - Chicago Daily Herald
07/14/16 03:50 PMMICHAELS COMPANIES, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Stat -
07/14/16 08:48 AMMichaels, Hess and AAR skid, Teva Pharmaceutical Industries and JetBlue Airways rise
07/13/16 05:33 PMAP Newswire
07/13/16 05:33 PMMichaels and Hess Slide, Teva and JetBlue Trade Higher
07/13/16 08:07 AMMorning Movers: JUNO, AMZN, VRX, MIK - TheStreet.com
07/13/16 08:07 AMMichaels Cos. shares slip on secondary offering, outlook - MarketWatch
07/13/16 07:43 AMStock Futures Narrowly Higher: Oil, Dollar Slip, Juno Rockets -
07/12/16 03:56 PMMichaels Cos. shares slip on secondary offering, outlook -
07/12/16 03:53 PMThe Michaels Companies Announces Secondary Offering of 11 Million Shares of Common Stock by Selling Stockholders and Repurchase by the Company of a Portion of Such Common Stock - [at noodls] - IRVING, Texas, July 12, 2016 (GLOBE NEWSWIRE) -- The Michaels Companies, Inc. (NASDAQ:MIK) (the 'Company') today announced that certain of its stockholders (the 'Selling Stockholders') intend to offer ...
07/11/16 09:50 AMBlackstone Group LP Decreased Stake in Michaels Cos INC (NASDAQ:MIK) by $224.67 Million as Shares Rose - Engelwood Daily
07/11/16 07:43 AMMichaels Launches National Loyalty Program - [at noodls] - IRVING, Texas, July 11, 2016 (GLOBE NEWSWIRE) -- North America's largest arts and crafts specialty retailer, Michaels, today unveiled a new, free loyalty program designed to deliver exciting and customized ...
07/08/16 05:16 PMBain Capital Investors LLC Decreased Stake in Michaels Cos INC (NASDAQ:MIK) by $234.33 Million as Shares Rose - Press Telegraph
07/01/16 05:11 PMResearch Report Initiated on Select Specialty Retail Equities - Baystreet.ca
07/01/16 05:11 PMBain Capital Investors LLC Decreased Stake in Michaels Cos INC (NASDAQ:MIK) by $234.33 Million as Shares Rose - Engelwood Daily
07/01/16 07:27 AMResearch Report Initiated on Select Specialty Retail Equities -
07/01/16 07:23 AMMichaels Cos., Inc. breached its 50 day moving average in a Bullish Manner : MIK-US : July 1, 2016 -
06/30/16 05:32 PMThe Michaels Companies, Inc. (NASDAQ:MIK) Company Rating and Target Watch - Telanagana Press
06/30/16 05:32 PMAnalyst Rating Update on The Michaels Companies (MIK) - TheFounders Daily
06/29/16 08:00 AMThe Michaels Companies, Inc. (NASDAQ:MIK) Updated Price Targets - FTSE News
06/29/16 08:00 AMShare Update and Earnings Review for The Michaels Companies, Inc. (NASDAQ:MIK) - Press Telegraph
06/28/16 05:04 PMThe Michaels Companies, Inc. (NASDAQ:MIK) Broker Price Targets For The Coming Week - Fiscal Standard
06/27/16 05:05 PMThe Michaels Companies, Inc. (NASDAQ:MIK) Earnings Glance and Target Price Review - Engelwood Daily
06/27/16 05:05 PMThe Michaels Companies, Inc. (NASDAQ:MIK) Target Price Is $31.5 - RealistInvestor.com
06/27/16 05:05 PMStrong Sell Calls Recommendations For The Michaels Companies, Inc. (NASDAQ:MIK) At 0 - Investor Newswire
06/20/16 05:31 AMCompany Shares of The Michaels Companies Drops by -0.81% - Trade Calls
06/17/16 07:58 AMEarnings Overview of the Stocks: The Michaels Companies, Inc. (NASDAQ:MIK), Viavi Solutions Inc. (NASDAQ:VIAV) - Beacon Chronicle
06/15/16 05:08 PMRevenue Update on Michaels Companies Inc(NASDAQ:MIK) - TheFounders Daily
06/14/16 09:58 AMTrend Of Rating Given To The Michaels Companies, Inc. (NASDAQ:MIK) - Investor Newswire
06/11/16 12:04 PMMICHAELS COMPANIES, INC. Financials -
06/09/16 08:03 AMTHE MICHAELS COMPANIES INC. (NASDAQ:MIK) Financial Condition Compared to S&P 500 - CML News
06/09/16 08:03 AMThe Michaels Companies Inc. (MIK) is Trading Lower on Unusual Volume for June 07 - Equities.com
06/09/16 08:03 AMEarnings Trends of the Stocks: The Michaels Companies, Inc. (NASDAQ:MIK), Wynn Resorts Ltd. (NASDAQ:WYNN) - Beacon Chronicle
06/08/16 05:35 PMMid Cap Losers: Valeant (NYSE:VRX), The Michaels Companies, Inc. (NASDAQ:MIK), Catalent, (NYSE:CTLT), Ionis ... - KC Register
06/08/16 05:35 PMEarnings Overview: TransUnion (NYSE:TRU), The Michaels Companies, Inc. (NASDAQ:MIK) - Beacon Chronicle
06/08/16 10:34 AMMICHAELS COMPANIES, INC. Files SEC form 10-Q, Quarterly Report -
06/08/16 08:35 AMMichaels Companies Sinks as Outlook Weakens -
06/08/16 08:05 AMEye Catching Stocks: Frontier Communications Corp (NASDAQ:FTR), Michaels Companies Inc (NASDAQ:MIK) - NYSE Journal (press release)
06/08/16 07:23 AMMichaels Cos., Inc. breached its 50 day moving average in a Bearish Manner : MIK-US : June 8, 2016 -
06/07/16 05:46 PMEdited Transcript of MIK earnings conference call or presentation 7-Jun-16 1:00pm GMT -
06/07/16 05:23 PMMichaels Companies (NASDAQ:MIK) & CarMax, Inc (NYSE:KMX) Services Stocks Trending Alert - Wall Street 24
06/07/16 05:23 PMEarnings Expectations of the Stock: The Michaels Companies, Inc. (NASDAQ:MIK), Walgreens Boots Alliance, Inc ... - Beacon Chronicle
06/07/16 05:23 PMMichaels Companies Inc (MIK) Drops on Weak Earnings and Comps - Bidness ETC
06/07/16 04:11 PMHighlights From the Stock Market Today -
06/07/16 03:22 PMMICHAELS COMPANIES, INC. Files SEC form 8-K, Change in Directors or Principal Officers -
06/07/16 12:00 PMJim Cramer Says Michaels Stores Are 'In The Wrong Place On Earth' - Shares of Michaels Companies Inc (NASDAQ: MIK) tumbled more than 8 percent on Tuesday after the company reported its first quarter results. Michaels said it earned $0.36 per share in the first quarter on revenue of $1.16 billion. Wall Street analysts were expecting the company to earn $0.35 per share on revenue of $1.17 billion. Comparable sales rose 0.9 percent in the quarter, or 1.4 percent on a ...Full story available on Benzinga.com
06/07/16 11:09 AMMichaels Companies Inc (MIK) Stock Slips on Weak Guidance - InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips Michaels stock fell on Tuesday following its Q1 2016 earnings report that included an outlook below Wall Street's estimate. The post Michaels Companies Inc (MIK) Stock Slips on Weak Guidance appeared first on InvestorPlace.

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About Michaels Cos.

Michaels Cos. logoThe Michaels Companies, Inc. is North America's specialty provider of arts, crafts, framing, floral, wall decor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator. As of February 27, 2016, the Company owned and operated more than 1,340 stores in 49 states and Canada under the brands Michaels, Aaron Brothers and Pat Catan's. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and Darice, a premier wholesale distributor in the gift and decor industry. The Company produces a number of exclusive private brands including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, Art Minds, Artist's Loft, Craft Smart and Loops & Threads.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MIK
  • CUSIP:
Key Metrics:
  • Previous Close: $26.08
  • 50 Day Moving Average: $27.51
  • 200 Day Moving Average: $25.96
  • P/E Ratio: 14.94
  • P/E Growth: 0.75
  • Market Cap: $5.39B
  • Beta: 1.22
  • Current Year EPS Consensus Estimate: $1.94 EPS
  • Next Year EPS Consensus Estimate: $2.19 EPS
Additional Links:
Michaels Cos. (NASDAQ:MIK) Chart for Sunday, July, 24, 2016