Free Trial

Q4 Earnings Forecast for Genesco Issued By Seaport Res Ptn

Genesco logo with Retail/Wholesale background

Key Points

  • Seaport Res Ptn has raised its Q4 2026 EPS estimate for Genesco to $3.87 from a previous forecast of $3.80, maintaining a "Strong-Buy" rating on the stock.
  • Genesco recently reported earnings of ($1.14) EPS, outperforming the consensus estimate of ($1.25) and showing a 4% increase in revenue year-over-year.
  • A significant insider, Fund 1 Investments, sold 25,000 shares of Genesco stock, indicating a 2.28% decrease in their stake.
  • MarketBeat previews top five stocks to own in October.

Genesco Inc. (NYSE:GCO - Free Report) - Equities researchers at Seaport Res Ptn raised their Q4 2026 earnings per share (EPS) estimates for Genesco in a report issued on Thursday, August 28th. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will post earnings of $3.87 per share for the quarter, up from their prior forecast of $3.80. Seaport Res Ptn currently has a "Strong-Buy" rating on the stock. The consensus estimate for Genesco's current full-year earnings is $0.94 per share. Seaport Res Ptn also issued estimates for Genesco's FY2027 earnings at $2.30 EPS and FY2028 earnings at $2.93 EPS.

GCO has been the topic of a number of other research reports. Jefferies Financial Group boosted their price objective on Genesco from $24.00 to $29.00 and gave the stock a "hold" rating in a research note on Friday, August 29th. Wall Street Zen lowered Genesco from a "buy" rating to a "hold" rating in a research note on Friday, May 30th. Zacks Research raised Genesco from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 29th. Finally, Truist Financial boosted their price objective on Genesco from $25.00 to $31.00 and gave the stock a "hold" rating in a research note on Friday, August 29th. Two research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $30.00.

View Our Latest Report on Genesco

Genesco Trading Down 1.0%

NYSE GCO traded down $0.34 on Monday, reaching $33.34. 207,850 shares of the company were exchanged, compared to its average volume of 224,599. The business's fifty day moving average price is $25.71 and its 200 day moving average price is $23.93. The stock has a market capitalization of $359.39 million, a P/E ratio of -13.66 and a beta of 2.22. The company has a current ratio of 1.56, a quick ratio of 0.35 and a debt-to-equity ratio of 0.11. Genesco has a fifty-two week low of $16.19 and a fifty-two week high of $44.80.

Genesco (NYSE:GCO - Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The company reported ($1.14) earnings per share for the quarter, topping analysts' consensus estimates of ($1.25) by $0.11. The company had revenue of $545.97 million for the quarter, compared to analyst estimates of $531.89 million. Genesco had a positive return on equity of 1.75% and a negative net margin of 1.03%.The firm's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.83) earnings per share. Genesco has set its FY 2026 guidance at 1.300-1.700 EPS.

Institutional Investors Weigh In On Genesco

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp purchased a new stake in Genesco in the first quarter valued at $26,000. CWM LLC raised its holdings in shares of Genesco by 61.5% in the 2nd quarter. CWM LLC now owns 1,365 shares of the company's stock valued at $27,000 after buying an additional 520 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Genesco in the 4th quarter valued at $35,000. Virtus Advisers LLC purchased a new stake in shares of Genesco in the 1st quarter valued at $56,000. Finally, AlphaQuest LLC raised its holdings in shares of Genesco by 501,200.0% in the 1st quarter. AlphaQuest LLC now owns 5,013 shares of the company's stock valued at $106,000 after buying an additional 5,012 shares during the period. Hedge funds and other institutional investors own 94.51% of the company's stock.

About Genesco

(Get Free Report)

Genesco Inc operates as a retailer and wholesaler of footwear, apparel, and accessories in the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Genesco Brands.

Read More

Earnings History and Estimates for Genesco (NYSE:GCO)

Should You Invest $1,000 in Genesco Right Now?

Before you consider Genesco, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Genesco wasn't on the list.

While Genesco currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.