NASDAQ:HIBB Hibbett (HIBB) Stock Forecast, Price & News $42.22 -0.51 (-1.19%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$42.18▼$43.2750-Day Range$36.86▼$47.2252-Week Range$34.86▼$75.38Volume255,554 shsAverage Volume290,195 shsMarket Capitalization$523.11 millionP/E Ratio5.00Dividend Yield2.37%Price Target$58.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Hibbett MarketRank™ ForecastAnalyst RatingHold2.43 Rating ScoreUpside/Downside38.2% Upside$58.33 Price TargetShort InterestBearish15.75% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.22Upright™ Environmental ScoreNews Sentiment0.30Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth15.05%From $7.31 to $8.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.08 out of 5 starsRetail/Wholesale Sector10th out of 207 stocksMiscellaneous Shopping Goods Stores Industry3rd out of 9 stocks 4.2 Analyst's Opinion Consensus RatingHibbett has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $58.33, Hibbett has a forecasted upside of 38.2% from its current price of $42.22.Amount of Analyst CoverageHibbett has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted15.75% of the float of Hibbett has been sold short.Short Interest Ratio / Days to CoverHibbett has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Hibbett has recently increased by 3.83%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldHibbett pays a meaningful dividend of 2.28%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthHibbett does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hibbett is 11.85%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hibbett will have a dividend payout ratio of 11.89% next year. This indicates that Hibbett will be able to sustain or increase its dividend. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHibbett has received a 26.50% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Physical retail of player equipment at a sporting goods store", "Physical retail of game equipment at a sporting goods store", and "Physical retail of activewear at a clothing store" products. See details.Environmental SustainabilityThe Environmental Impact score for Hibbett is -2.22. Previous Next 1.3 News and Social Media Coverage News SentimentHibbett has a news sentiment score of 0.30. 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 is a lower news sentiment than the 0.57 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Hibbett this week, compared to 4 articles on an average week.Search InterestOnly 2 people have searched for HIBB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Hibbett to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hibbett insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.98% of the stock of Hibbett is held by insiders.Percentage Held by Institutions94.08% of the stock of Hibbett is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Hibbett are expected to grow by 15.05% in the coming year, from $7.31 to $8.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hibbett is 5.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Hibbett is 5.00, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.29.Price to Earnings Growth RatioHibbett has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioHibbett has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Hibbett (NASDAQ:HIBB) StockHibbett, Inc. together with its subsidiaries, engages in the retail of athletic-inspired fashion products in the United States. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, team sports equipment, and related accessories. The company operates Hibbett stores, City Gear stores, and Sports Additions athletic shoe stores. It also sells its products through online channels. Hibbett, Inc. was founded in 1945 and is headquartered in Birmingham, Alabama.Read More HIBB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HIBB Stock News HeadlinesSeptember 20, 2023 | seekingalpha.comHibbett: Vulnerabilities In An Uncertain Retail LandscapeSeptember 19, 2023 | finance.yahoo.comCan Online & Store Efforts Aid Hibbett (HIBB) Amid Inflation?September 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."September 17, 2023 | finance.yahoo.comIs Hibbett, Inc. (NASDAQ:HIBB) Potentially Undervalued?September 7, 2023 | bizjournals.comHow Hibbett is navigating consumer spending changesSeptember 6, 2023 | msn.comDick's Sporting Goods, Hibbett, and Academy Sports: Which Is the Best Stock for Investors Right Now?September 5, 2023 | bizjournals.comMagic City Newsmakers: Church of the Highlands, Sidewalk, Full Moon BBQ, HibbettSeptember 3, 2023 | forbes.comHibbett Coupon Codes September 2023September 27, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."August 31, 2023 | finance.yahoo.comHibbett (NASDAQ:HIBB) Is Paying Out A Dividend Of $0.25August 30, 2023 | markets.businessinsider.comB.Riley Financial Remains a Hold on Hibbett Sports (HIBB)August 28, 2023 | msn.comB. Riley Securities Maintains Hibbett (HIBB) Neutral RecommendationAugust 28, 2023 | finance.yahoo.comHibbett (HIBB) Q2 Earnings Surpass, Sales Miss EstimatesAugust 28, 2023 | markets.businessinsider.comHibbett Analysts On Q2 Earnings: 'Back-To-School Off To Strong Start'August 28, 2023 | finance.yahoo.comHibbett, Inc. (NASDAQ:HIBB) Q2 2024 Earnings Call TranscriptAugust 27, 2023 | msn.comHibbett (NASDAQ:HIBB) Rises on Mixed Q2; Reiterates OutlookAugust 26, 2023 | msn.comHibbett’s stock pops 9% premarket after better-than-expected profitAugust 26, 2023 | proactiveinvestors.comHibbett Sporting Goods gets relief rally on ‘better-than-feared’ financialsAugust 26, 2023 | markets.businessinsider.comWhy Athletic-Inspired Fashion Retailer Hibbett's Shares Are Gaining TodayAugust 25, 2023 | seekingalpha.comHibbett, Inc. (HIBB) Q2 2024 Earnings Call TranscriptAugust 25, 2023 | theglobeandmail.comHibbett (NASDAQ:HIBB) Misses Q2 Sales TargetsAugust 25, 2023 | msn.comHibbett GAAP EPS of $0.85 beats by $0.12, revenue of $374.9M misses by $1.21MAugust 25, 2023 | markets.businessinsider.comDow Jumps Over 200 Points; Hibbett Posts Upbeat EarningsAugust 25, 2023 | finance.yahoo.comIs Hibbett Inc. (HIBB) Significantly Undervalued?August 25, 2023 | yahoo.comHibbett’s Strong Footwear Sales in Q2 Were Driven by Launches, Premium BrandsAugust 25, 2023 | markets.businessinsider.comHibbett Q2 Not As Bad As Feared: Analyst's Spotlight On Lower Freight And Logistics CostsAugust 25, 2023 | seekingalpha.comHibbett, Inc. 2024 Q2 - Results - Earnings Call PresentationSee More Headlines Receive HIBB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hibbett and its competitors with MarketBeat's FREE daily newsletter. Email Address HIBB Company Calendar Last Earnings8/25/2023Ex-Dividend for 9/19 Dividend9/06/2023Dividend Payable9/19/2023Today9/27/2023Next Earnings (Estimated)12/05/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Miscellaneous shopping goods stores Sub-IndustrySpecialty Stores SectorRetail/Wholesale Current SymbolNASDAQ:HIBB CUSIP42856710 CIK1017480 Webwww.hibbett.com Phone(205) 942-4292Fax205-912-7290Employees11,000Year Founded1945Price Target and Rating Average Stock Price Forecast$58.33 High Stock Price Forecast$80.00 Low Stock Price Forecast$40.00 Forecasted Upside/Downside+38.2%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$8.44 Trailing P/E Ratio5.00 Forward P/E Ratio5.78 P/E Growth0.75Net Income$128.06 million Net Margins6.43% Pretax Margin8.28% Return on Equity29.34% Return on Assets11.60% Debt Debt-to-Equity RatioN/A Current Ratio1.46 Quick Ratio0.21 Sales & Book Value Annual Sales$1.71 billion Price / Sales0.31 Cash Flow$13.03 per share Price / Cash Flow3.24 Book Value$29.56 per share Price / Book1.43Miscellaneous Outstanding Shares12,390,000Free Float12,025,000Market Cap$523.11 million OptionableOptionable Beta1.62 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Michael E. Longo (Age 62)Pres, CEO & Non-Independent Director Comp: $864.41kMr. Robert J. Volke (Age 59)Sr. VP of Accounting & Fin. and CFO Comp: $398.73kMr. Benjamin Ashley Knighten (Age 52)Sr. VP of Store Operations Comp: $414.42kMr. William G. Quinn (Age 46)Sr. VP of Marketing & Digital Comp: $414.42kMr. Jared S. Briskin (Age 50)Exec. VP of Merchandising Comp: $499.42kMr. Ronald P. Blahnik (Age 64)Sr. VP & Chief Information Officer Mr. Jason Alexander FreuchtelDirector of Fin. & Investor RelationsMr. David M. Benck (Age 55)Sr. VP, Gen. Counsel, Chief Privacy Officer, Assistant Sec. & Chief Risk Assessor Mr. Mark Anthony GunnSr. VP & Chief HR OfficerMr. Michael C. McAbee (Age 52)Sr. VP of Supply Chain & Store Devel. More ExecutivesKey CompetitorsBig 5 Sporting GoodsNASDAQ:BGFVODPNASDAQ:ODPSportsman's WarehouseNASDAQ:SPWHBJ's RestaurantsNASDAQ:BJRIMovado GroupNYSE:MOVView All CompetitorsInsiders & InstitutionsBarclays PLCBought 2,832 shares on 9/21/2023Ownership: 0.075%Wolverine Trading LLCSold 18,200 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 8,900 shares on 8/22/2023Ownership: 0.070%Walleye Trading LLCBought 100 shares on 8/15/2023Ownership: 0.000%Walleye Capital LLCSold 200 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions HIBB Stock - Frequently Asked Questions Should I buy or sell Hibbett stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hibbett in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HIBB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HIBB, but not buy additional shares or sell existing shares. View HIBB analyst ratings or view top-rated stocks. What is Hibbett's stock price forecast for 2023? 7 brokerages have issued twelve-month target prices for Hibbett's shares. Their HIBB share price forecasts range from $40.00 to $80.00. On average, they anticipate the company's share price to reach $58.33 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View analysts price targets for HIBB or view top-rated stocks among Wall Street analysts. How have HIBB shares performed in 2023? Hibbett's stock was trading at $68.22 on January 1st, 2023. Since then, HIBB shares have decreased by 38.1% and is now trading at $42.22. View the best growth stocks for 2023 here. When is Hibbett's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023. View our HIBB earnings forecast. How were Hibbett's earnings last quarter? Hibbett, Inc. (NASDAQ:HIBB) posted its quarterly earnings data on Friday, August, 25th. The company reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.68 by $0.17. The firm had revenue of $374.90 million for the quarter, compared to the consensus estimate of $375.96 million. Hibbett had a net margin of 6.43% and a trailing twelve-month return on equity of 29.34%. The business's quarterly revenue was down 4.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.86 earnings per share. How often does Hibbett pay dividends? What is the dividend yield for Hibbett? Hibbett declared a quarterly dividend on Tuesday, August 22nd. Stockholders of record on Thursday, September 7th will be paid a dividend of $0.25 per share on Tuesday, September 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend is Wednesday, September 6th. Read our dividend analysis for HIBB. What ETFs hold Hibbett's stock? ETFs with the largest weight of Hibbett (NASDAQ:HIBB) stock in their portfolio include SPDR S&P Retail ETF (XRT), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Direxion Daily Retail Bull 3X Shares (RETL), Roundhill Acquirers Deep Value ETF (DEEP) and Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).Inspire Small/Mid Cap ETF (ISMD). Is Hibbett a good dividend stock? Hibbett (NASDAQ:HIBB) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.28%. The dividend payout ratio is 11.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HIBB will have a dividend payout ratio of 11.89% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HIBB. What guidance has Hibbett issued on next quarter's earnings? Hibbett updated its FY24 earnings guidance on Friday, August, 25th. The company provided earnings per share guidance of $7.00-7.75 for the period, compared to the consensus EPS estimate of $7.18. The company issued revenue guidance of flat to up ~2% to ~$1.71-1.74 billion, compared to the consensus revenue estimate of $1.71 billion. What is Mike Longo's approval rating as Hibbett's CEO? 26 employees have rated Hibbett Chief Executive Officer Mike Longo on Glassdoor.com. Mike Longo has an approval rating of 74% among the company's employees. What other stocks do shareholders of Hibbett own? Based on aggregate information from My MarketBeat watchlists, some companies that other Hibbett investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Micron Technology (MU), Aegean Marine Petroleum Network (ANW), Transocean (RIG) and AutoZone (AZO). What is Hibbett's stock symbol? Hibbett trades on the NASDAQ under the ticker symbol "HIBB." Who are Hibbett's major shareholders? Hibbett's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.14%), Dimensional Fund Advisors LP (6.15%), LSV Asset Management (5.35%), State Street Corp (5.05%), Bronte Capital Management Pty Ltd. (4.43%) and Fisher Asset Management LLC (2.17%). Insiders that own company stock include Alton E Yother, Alton E Yother, Anthony F Crudele, Benjamin Ashley Knighten, David Mitchell Benck, Dorlisa K Flur, James A Hilt, Jane F Aggers, Michael E Longo, Ronald P Blahnik, Terrance G Finley, Terrance G Finley and William G Quinn. View institutional ownership trends. How do I buy shares of Hibbett? Shares of HIBB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Hibbett's stock price today? One share of HIBB stock can currently be purchased for approximately $42.22. How much money does Hibbett make? Hibbett (NASDAQ:HIBB) has a market capitalization of $523.11 million and generates $1.71 billion in revenue each year. The company earns $128.06 million in net income (profit) each year or $8.44 on an earnings per share basis. How many employees does Hibbett have? The company employs 11,000 workers across the globe. Does Hibbett have any subsidiaries? The following companies are subsidiares of Hibbett: City Gear, Gift Card Services LLC., Hibbett Digital Management LLC, Hibbett Holdings LLC, Hibbett Sporting Goods Inc., and Hibbett Wholesale Inc..Read More How can I contact Hibbett? Hibbett's mailing address is 2700 MILAN COURT, BIRMINGHAM AL, 35211. The official website for the company is www.hibbett.com. The company can be reached via phone at (205) 942-4292, via email at jack.drapacz@cci-ir.com, or via fax at 205-912-7290. This page (NASDAQ:HIBB) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Hibbett, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.