Boot Barn (BOOT) Stock Price, News & Analysis

Company Overview

Boot Barn (NYSE:BOOT) is a leading specialty retailer of western and work-related footwear, apparel and accessories in the United States. The company operates a multi-channel platform, offering customers a range of products from iconic shoe brands to rugged workwear and fashion-forward western apparel. With an emphasis on quality, authenticity and customer service, Boot Barn serves individuals who embrace a western lifestyle, as well as professionals in need of durable work gear.

Founded in 1978 in Southern California, Boot Barn has grown from a single store into a national retail chain with more than 240 locations across over 30 states. The company has continually expanded its footprint through new store openings and targeted acquisitions, enabling it to reach both urban markets and smaller communities. In addition to its brick-and-mortar presence, Boot Barn operates an e-commerce platform that extends its reach to customers nationwide and complements its in-store experience with online ordering, in-store pickup and curated digital content.

Boot Barn’s product offerings include a wide array of western boots, work boots, casual footwear, denim and performance apparel, headwear, belts and accessories. The company partners with well-known brands such as Ariat, Justin, Carhartt and Lucchese, while also featuring exclusive private-label lines designed to meet specific customer needs. In the workwear category, Boot Barn provides specialized safety footwear and professional-grade outerwear tailored to industries such as construction, agriculture and oil and gas.

Under the leadership of President and Chief Executive Officer Mike Dupree, Boot Barn continues to refine its omnichannel strategy while investing in technology and supply chain enhancements to improve inventory management and customer engagement. The executive team focuses on deepening the company’s community connections through sponsorships, events and loyalty programs. As Boot Barn navigates evolving consumer trends, it remains dedicated to delivering a seamless retail experience that honors its western heritage and supports the practical needs of its core customers.

Key Stats

• Today's Range: $162.80 to $170.55
• 50-Day Range: $111.97 to $173.93
• 52-Week Range: $86.17 to $177.10
• Volume: 718,160 shs
• Average Volume: 817,711 shs
• Market Capitalization: $5.00 billion
• P/E Ratio: 27.87
• Dividend Yield: N/A
• Price Target: $173.67
• Consensus Rating: Buy

Boot Barn Stock Analysis - MarketRank™

Boot Barn scored higher than 81% of companies evaluated by MarketBeat, and ranked 73rd out of 213 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Boot Barn has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Boot Barn has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 18.38%

Earnings Growth

Earnings for Boot Barn are expected to grow by 18.38% in the coming year, from $5.82 to $6.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Boot Barn is 27.87, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boot Barn is 27.87, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 29.35.

Price to Earnings Growth Ratio

Boot Barn has a PEG Ratio of 2.00. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Boot Barn has a P/B Ratio of 4.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

10.10% of the float of Boot Barn has been sold short.

Short Interest Ratio / Days to Cover

Boot Barn has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Boot Barn has recently decreased by 4.97%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Boot Barn does not currently pay a dividend.

Dividend Growth

Boot Barn does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Boot Barn is 8.53%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Boot Barn will have a dividend payout ratio of 7.26% next year. This indicates that Boot Barn will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -2.36

Percentage of Shares Shorted

10.10% of the float of Boot Barn has been sold short.

Short Interest Ratio / Days to Cover

Boot Barn has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Boot Barn has recently decreased by 4.97%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.91

News Sentiment

Boot Barn has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Boot Barn this week, compared to 11 articles on an average week.

Search Interest

Only 1 people have searched for BOOT on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

MarketBeat Follows

4 people have added Boot Barn to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Boot Barn insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,036,996.00 in company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Boot Barn is held by insiders.

BOOT Stock Analysis - Frequently Asked Questions

How have BOOT shares performed this year?

Boot Barn's stock was trading at $151.82 on January 1st, 2025. Since then, BOOT shares have increased by 7.6% and is now trading at $163.34.

How were Boot Barn's earnings last quarter?

Boot Barn Holdings, Inc. (NYSE:BOOT) released its quarterly earnings results on Wednesday, May, 14th. The company reported $1.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.24 by $0.02. The company's revenue for the quarter was up 16.8% on a year-over-year basis.
Read the conference call transcript.

Is Boot Barn buying back stock?

Boot Barn's board authorized a stock repurchase program on Wednesday, May 14th 2025, which allows the company to repurchase $200,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 4.8% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued.

Who are Boot Barn's major shareholders?

Boot Barn's top institutional shareholders include North Star Investment Management Corp. (0.15%), Harbor Capital Advisors Inc. (0.10%), Public Employees Retirement System of Ohio (0.03%) and NBC Securities Inc. (0.02%). Insiders that own company stock include Gregory V Hackman, James Grant Conroy, Peter Starrett, Laurie Marie Grijalva, James M Watkins, Brenda I Morris, John Hazen, Michael A Love and Gene Eddie Burt.
View institutional ownership trends.

How do I buy shares of Boot Barn?

Shares of BOOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Boot Barn own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Boot Barn investors own include Hawkins (HWKN), Chipotle Mexican Grill (CMG), NVIDIA (NVDA), Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), Meta Platforms (META) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 5/14/2025
• Today: 7/15/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: RETAIL - APP/SHOE
• Sub-Industry: Retail
• Current Symbol: NYSE:BOOT
• CIK: 1610250
• Web: www.bootbarn.com
• Phone: (949) 453-4400
• Fax: 949-453-4406
• Employees: 10,400
• Year Founded: 1978

Price Target and Rating

• Average Price Target for Boot Barn: $173.67
• High Price Target: $210.00
• Low Price Target: $100.00
• Potential Upside/Downside: +6.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.86
• Trailing P/E Ratio: 27.87
• Forward P/E Ratio: 28.07
• P/E Growth: 2.01
• Net Income: $180.94 million
• Net Margins: 9.47%
• Pretax Margin: 12.56%
• Return on Equity: 16.98%
• Return on Assets: 9.34%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.45
• Quick Ratio: 0.33

Sales & Book Value

• Annual Sales: $1.91 billion
• Price / Sales: 2.61
• Cash Flow: $7.54 per share
• Price / Cash Flow: 21.65
• Book Value: $36.97 per share
• Price / Book: 4.42

Miscellaneous

• Outstanding Shares: 30,590,000
• Free Float: 30,287,000
• Market Cap: $5.00 billion
• Optionable: Optionable
• Beta: 1.69