Hibbett Stock Price, News & Analysis (NASDAQ:HIBB)

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hibbett in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HIBB shares.
View HIBB analyst ratings or view top-rated stocks.

8 brokers have issued 12-month price objectives for Hibbett's stock. Their HIBB share price targets range from $40.00 to $80.00. On average, they predict the company's stock price to reach $64.29 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price.
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Hibbett's stock was trading at $68.22 on January 1st, 2023. Since then, HIBB shares have decreased by 7.8% and is now trading at $62.91.
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The company is scheduled to release its next quarterly earnings announcement on Friday, March 1st 2024.
View our HIBB earnings forecast.

Hibbett, Inc. (NASDAQ:HIBB) posted its quarterly earnings data on Tuesday, November, 21st. The company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.18 by $0.87. The firm had revenue of $431.90 million for the quarter, compared to the consensus estimate of $416.17 million. Hibbett had a trailing twelve-month return on equity of 28.35% and a net margin of 6.43%. The company's quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.94 EPS.

Hibbett declared a quarterly dividend on Monday, November 20th. Stockholders of record on Thursday, December 7th will be given a dividend of $0.25 per share on Tuesday, December 19th. This represents a $1.00 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend is Wednesday, December 6th.
Read our dividend analysis for HIBB.

Hibbett (NASDAQ:HIBB) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.68%. The dividend payout ratio is 11.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HIBB will have a dividend payout ratio of 11.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HIBB.

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).

Hibbett issued an update on its FY24 earnings guidance on Tuesday, November, 21st. The company provided earnings per share guidance of $8.00-8.30 for the period, compared to the consensus earnings per share estimate of $7.27. The company issued revenue guidance of ~$1.708-1.742 billion, compared to the consensus revenue estimate of $1.72 billion.

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.

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).

Hibbett's stock is owned by many different institutional and retail investors. Top institutional shareholders include LSV Asset Management (5.46%), Bronte Capital Management Pty Ltd. (4.90%), Ameriprise Financial Inc. (3.95%), Invesco Ltd. (2.35%), Charles Schwab Investment Management Inc. (2.11%) and Skylands Capital LLC (1.81%). Insiders that own company stock include 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.
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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.
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