NASDAQ:CONNConn's Stock Price, Forecast & News

$6.28

+0.06 (+0.96 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

$6.04

Now: $6.28▼

$6.55

50-Day Range

$3.33

MA: $4.96▼

$6.76

52-Week Range

$2.83

Now: $6.28▼

$27.57

Volume643,476 shs

Average Volume980,463 shs

Market Capitalization$182.18 million

P/E Ratio3.31

Dividend YieldN/A

Beta2.29

Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. It operates through two segments, Retail and Credit. The company's stores offer furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as traditional and specialty mattresses; and home appliances, such as refrigerators, freezers, washers, dryers, dishwashers, and ranges. Its stores also provide consumer electronics comprising LED, OLED, QLED, 4K Ultra HD, smart televisions, gaming products, and home theater and portable audio equipment; and home office products that include computers, printers, and accessories. In addition, the company offers short- and medium-term financing to its retail customers; and product support services, which comprise next-day delivery and installation services, credit insurance products, product repair services, and repair service agreements. As of March 26, 2019, it operated 125 retail locations in Alabama, Arizona, Colorado, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virgin. The company was founded in 1890 and is headquartered in The Woodlands, Texas.

Beat the Market (BTM) Rank^™

3.1 Analyst's Opinion

Consensus Rating
Conn's has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $23.00, Conn's has a potential upside of 266.2% from its current price of $6.28.
Amount of Analyst Coverage
Conn's has only been the subject of 3 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Conn's has received 488 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Conn's has received 447 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Conn's has received 52.19% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Conn's and other stocks. Vote “Outperform” if you believe CONN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CONN will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Conn's does not currently pay a dividend.
Dividend Growth
Conn's does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Conn's insiders have bought more of their company's stock than they have sold. Specifically, they have bought $21,850.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 5.14% of the stock of Conn's is held by insiders.
Percentage Held by Institutions
62.04% of the stock of Conn's is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Conn's are expected to grow in the coming year, from ($0.48) to $1.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Conn's is 3.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Conn's is 3.31, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.54.
Price to Book Value per Share Ratio
Conn's has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.44 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Radio, television, & electronic stores

Sub-IndustryComputer & Electronics Retail

SectorRetail/Wholesale

Current SymbolNASDAQ:CONN

Previous Symbol

CUSIP20824210

CIK1223389

Webwww.conns.com

Phone936-230-5899

Debt

Debt-to-Equity Ratio2.16

Current Ratio6.53

Quick Ratio5.17

Price-To-Earnings

Trailing P/E Ratio3.31

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.54 billion

Price / Sales0.12

Cash Flow$4.65 per share

Price / Cash Flow1.35

Book Value$21.85 per share

Price / Book0.29

Profitability

EPS (Most Recent Fiscal Year)$1.92

Net Income$56 million

Net Margins3.86%

Return on Equity9.91%

Return on Assets2.94%

Miscellaneous

Employees4,425

Outstanding Shares29,010,000

Market Cap$182.18 million

Next Earnings Date5/29/2020 (Estimated)

OptionableOptionable

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Conn's (NASDAQ:CONN) Frequently Asked Questions

How has Conn's' stock been impacted by COVID-19 (Coronavirus)?

Conn's' stock was trading at $5.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CONN stock has increased by 8.8% and is now trading at $6.28. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Conn's?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conn's in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Conn's.

When is Conn's' next earnings date?

Conn's is scheduled to release its next quarterly earnings announcement on Friday, May 29th 2020. View our earnings forecast for Conn's.

How were Conn's' earnings last quarter?

Conn's Inc (NASDAQ:CONN) released its quarterly earnings data on Tuesday, April, 14th. The specialty retailer reported $0.20 EPS for the quarter, missing the consensus estimate of $0.35 by $0.15. The specialty retailer earned $413 million during the quarter, compared to analyst estimates of $412.09 million. Conn's had a return on equity of 9.91% and a net margin of 3.86%. The firm's quarterly revenue was down 4.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.96 EPS. View Conn's' earnings history.

What price target have analysts set for CONN?

5 analysts have issued twelve-month price targets for Conn's' stock. Their forecasts range from $4.50 to $41.00. On average, they expect Conn's' share price to reach $23.00 in the next twelve months. This suggests a possible upside of 266.2% from the stock's current price. View analysts' price targets for Conn's.

Has Conn's been receiving favorable news coverage?

News headlines about CONN stock have been trending somewhat negative on Sunday, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Conn's earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned press coverage about the specialty retailer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutConn's.

Are investors shorting Conn's?

Conn's saw a increase in short interest in April. As of April 15th, there was short interest totaling 6,070,000 shares, an increase of 7.8% from the March 31st total of 5,630,000 shares. Based on an average trading volume of 1,080,000 shares, the days-to-cover ratio is presently 5.6 days. Approximately 35.2% of the company's stock are short sold. View Conn's' Current Options Chain.

Who are some of Conn's' key competitors?

Some companies that are related to Conn's include Abercrombie & Fitch (ANF), Buckle (BKE), Systemax (SYX), Dine Brands Global (DIN), Petmed Express (PETS), Groupon (GRPN), Overstock.com (OSTK), Arcos Dorados (ARCO), Rite Aid (RAD), Dillard's (DDS), SpartanNash (SPTN), Boot Barn (BOOT), Denny's (DENN), Childrens Place (PLCE) and Zumiez (ZUMZ). View all competitors.

What other stocks do shareholders of Conn's own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Conn's investors own include Netflix (NFLX), GameStop (GME), Himax Technologies (HIMX), Energy Transfer LP Unit (ET), Intel (INTC), Alibaba Group (BABA), Ford Motor (F), General Electric (GE), Starbucks (SBUX) and Costco Wholesale (COST).

Who are Conn's' key executives?

Conn's' management team includes the following people:

Mr. Norman L. Miller, Pres, CEO, Pres & Chief Operating Officer of Retail and Chairman (Age 58)
Mr. Lee A. Wright, Exec. VP & CFO (Age 47)
Mr. George L. Bchara, Chief Accounting Officer & VP (Age 36)
Mr. Mark L. Prior, VP, Gen. Counsel & Sec. (Age 51)
Mr. John C. Davis, COO and Pres of Credit & Collections (Age 49)

What is Conn's' stock symbol?

Conn's trades on the NASDAQ under the ticker symbol "CONN."

Who are Conn's' major shareholders?

Conn's' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.14%), State Street Corp (4.05%), Morgan Stanley (3.23%), Bank of New York Mellon Corp (2.14%), Invesco Ltd. (1.34%) and Geode Capital Management LLC (0.96%). Company insiders that own Conn's stock include Bob L Martin, Brian Daly, David Schofman, Douglas H Martin, Lee A Wright, Norman Miller, Todd Renaud and William E Saunders Jr. View institutional ownership trends for Conn's.

Which institutional investors are selling Conn's stock?

CONN stock was sold by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, Nuveen Asset Management LLC, Hodges Capital Management Inc., JPMorgan Chase & Co., Deutsche Bank AG, KBC Group NV, BlackRock Inc., and Engineers Gate Manager LP. Company insiders that have sold Conn's company stock in the last year include Brian Daly, and Todd Renaud. View insider buying and selling activity for Conn's.

Which institutional investors are buying Conn's stock?

CONN stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, State Street Corp, Bank of New York Mellon Corp, Two Sigma Advisers LP, Wolverine Asset Management LLC, Parametric Portfolio Associates LLC, Invesco Ltd., and WINTON GROUP Ltd. Company insiders that have bought Conn's stock in the last two years include Brian Daly, Douglas H Martin, Lee A Wright, Norman Miller, and William E Saunders Jr. View insider buying and selling activity for Conn's.

How do I buy shares of Conn's?

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

What is Conn's' stock price today?

One share of CONN stock can currently be purchased for approximately $6.28.

How big of a company is Conn's?

Conn's has a market capitalization of $182.18 million and generates $1.54 billion in revenue each year. The specialty retailer earns $56 million in net income (profit) each year or $1.92 on an earnings per share basis. Conn's employs 4,425 workers across the globe.

What is Conn's' official website?

The official website for Conn's is www.conns.com.

How can I contact Conn's?

Conn's' mailing address is 2445 TECHNOLOGY FOREST BLVD. SUITE 800, THE WOODLANDS TX, 77381. The specialty retailer can be reached via phone at 936-230-5899 or via email at investor [email protected]

This page was last updated on 5/24/2020 by MarketBeat.com Staff