NASDAQ:HIBB Hibbett (HIBB) Stock Forecast, Price & News $36.61 +0.77 (+2.15%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$35.60▼$37.3150-Day Range$35.84▼$63.0252-Week Range$34.86▼$75.38Volume560,624 shsAverage Volume371,031 shsMarket Capitalization$466.78 millionP/E Ratio3.87Dividend Yield2.73%Price Target$72.80 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Hibbett MarketRank™ ForecastAnalyst RatingHold2.43 Rating ScoreUpside/Downside98.9% Upside$72.80 Price TargetShort InterestBearish12.63% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.85Upright™ Environmental ScoreNews Sentiment-0.16Based on 32 Articles This WeekInsider TradingSelling Shares$943,300 Sold Last QuarterProj. Earnings Growth23.33%From $7.33 to $9.04 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.3.47 out of 5 starsRetail/Wholesale Sector1st out of 208 stocksMiscellaneous Shopping Goods Stores Industry1st 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 $72.80, Hibbett has a forecasted upside of 98.9% from its current price of $36.61.Amount of Analyst CoverageHibbett has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted12.63% of the float of Hibbett has been sold short.Short Interest Ratio / Days to CoverHibbett has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Hibbett has recently decreased by 0.64%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldHibbett pays a meaningful dividend of 2.79%, 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 10.58%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hibbett will have a dividend payout ratio of 11.06% next year. This indicates that Hibbett will be able to sustain or increase its dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHibbett has received a 37.35% 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 -1.85. Previous Next 2.1 News and Social Media Coverage News SentimentHibbett has a news sentiment score of -0.16. 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 0.44 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 32 news articles for Hibbett this week, compared to 5 articles on an average week.Search Interest5 people have searched for HIBB on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat Follows9 people have added Hibbett to their MarketBeat watchlist in the last 30 days. This is an increase of 800% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hibbett insiders have sold 247.73% more of their company's stock than they have bought. Specifically, they have bought $271,275.00 in company stock and sold $943,300.00 in company stock.Percentage Held by InsidersOnly 2.98% of the stock of Hibbett is held by insiders.Percentage Held by Institutions97.94% 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 23.33% in the coming year, from $7.33 to $9.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hibbett is 3.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Hibbett is 3.87, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 38.10.Price to Earnings Growth RatioHibbett has a PEG Ratio of 0.61. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioHibbett has a P/B Ratio of 1.17. 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. engages in the provision of sporting goods business. Its stores are operating under the Hibbett Sporting Goods and City Gear banners and an omni-channel platform. The firm features a core selection of brand name merchandise emphasizing athletic footwear, athletic and fashion apparel, team sports equipment and related accessories. The company was founded in 1945 and is headquartered in Birmingham, AL.Read More 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 Stock News HeadlinesMay 23, 2023 | marketbeat.comDick’s Sporting Goods Deserves A Higher Price Multiple (HIBB)Dick's Sporting Goods is an undervalued name that could see a multiple expansion take it to new all-time highs over the next few quarters.June 3, 2023 | finance.yahoo.comHibbett, Inc. (NASDAQ:HIBB) Goes Ex-Dividend SoonJune 4, 2023 | Vantage Point (Ad)We Called (ARWR) In Advance, Which Stocks Are Next?Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE. June 3, 2023 | americanbankingnews.comHibbett, Inc. (NASDAQ:HIBB) CEO Michael E. Longo Purchases 7,500 SharesJune 2, 2023 | finance.yahoo.comImplied Volatility Surging for Hibbett (HIBB) Stock OptionsJune 2, 2023 | msn.comHibbett: Dividend InsightsJune 2, 2023 | americanbankingnews.comHibbett, Inc. (NASDAQ:HIBB) Expected to Post Q4 2024 Earnings of $2.76 Per ShareJune 1, 2023 | americanbankingnews.comResearch Analysts Offer Predictions for Hibbett, Inc.'s Q2 2024 Earnings (NASDAQ:HIBB)June 4, 2023 | Vantage Point (Ad)We Called (ARWR) In Advance, Which Stocks Are Next?Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE. May 31, 2023 | msn.comFlorence City Schools searching for new principalsMay 31, 2023 | americanbankingnews.comHibbett (NASDAQ:HIBB) Updates FY 2024 Earnings GuidanceMay 30, 2023 | markets.businessinsider.comWall Street Analysts Are Bullish on Top NA PicksMay 30, 2023 | msn.comHibbett (HIBB) Declares $0.25 DividendMay 30, 2023 | markets.businessinsider.comHibbett Gets Price Target Cuts By Analysts After Weak Q1 EarningsMay 30, 2023 | americanbankingnews.comAnalysts Issue Forecasts for Hibbett, Inc.'s FY2024 Earnings (NASDAQ:HIBB)May 30, 2023 | americanbankingnews.comHibbett, Inc. (NASDAQ:HIBB) Receives $69.75 Consensus PT from AnalystsMay 28, 2023 | americanbankingnews.comHibbett (NASDAQ:HIBB) Issues FY24 Earnings GuidanceMay 28, 2023 | americanbankingnews.comHibbett (NASDAQ:HIBB) Posts Earnings Results, Misses Expectations By $0.24 EPSMay 28, 2023 | americanbankingnews.comHibbett (NASDAQ:HIBB) Reaches New 1-Year Low After Earnings MissMay 28, 2023 | americanbankingnews.comHibbett (NASDAQ:HIBB) Rating Lowered to Underperform at Bank of AmericaMay 27, 2023 | americanbankingnews.comHibbett (NASDAQ:HIBB) PT Lowered to $50.00 at Robert W. BairdMay 27, 2023 | americanbankingnews.comQ3 2024 Earnings Forecast for Hibbett, Inc. Issued By Telsey Advisory Group (NASDAQ:HIBB)May 26, 2023 | markets.businessinsider.comDow Surges Over 300 Points; Hibbett Posts Downbeat ProfitMay 26, 2023 | msn.comHibbett cut to Sell at Williams after earnings missMay 26, 2023 | markets.businessinsider.comHibbett Sports (HIBB) Gets a Buy from Robert W. BairdMay 26, 2023 | markets.businessinsider.comHere's what to expect from Hibbett Sports's earningsMay 26, 2023 | msn.comHibbett says customers are not just worried about high prices. They’re afraid of losing their jobs.See More Headlines HIBB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HIBB Company Calendar Ex-Dividend for 3/28 Dividend3/15/2023Dividend Payable3/28/2023Last Earnings5/26/2023Today6/04/2023Ex-Dividend for 6/20 Dividend6/07/2023Dividend Payable6/20/2023Next Earnings (Estimated)8/24/2023Fiscal 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$72.80 High Stock Price Forecast$85.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+98.9%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$9.45 Trailing P/E Ratio3.87 Forward P/E Ratio4.99 P/E Growth0.61Net Income$128.06 million Net Margins7.16% Pretax Margin9.25% Return on Equity34.71% Return on Assets13.36% Debt Debt-to-Equity RatioN/A Current Ratio1.48 Quick Ratio0.16 Sales & Book Value Annual Sales$1.71 billion Price / Sales0.27 Cash Flow$13.82 per share Price / Cash Flow2.65 Book Value$31.30 per share Price / Book1.17Miscellaneous Outstanding Shares12,750,000Free Float12,367,000Market Cap$466.78 million OptionableOptionable Beta1.60 Social Links Key ExecutivesMichael E. LongoPresident, Chief Executive Officer & DirectorBenjamin A. KnightenSenior Vice President-Store OperationsRobert J. VolkeChief Financial Officer & Senior VP-AccountingRonald P. BlahnikChief Information Officer & Senior Vice PresidentDavid M. BenckSenior Vice President & General CounselKey CompetitorsBig 5 Sporting GoodsNASDAQ:BGFVODPNASDAQ:ODPSportsman's WarehouseNASDAQ:SPWHSIGNA Sports UnitedNYSE:SSUBiglariNYSE:BHView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 388 shares on 6/1/2023Ownership: 4.115%Michael E LongoBought 7,500 shares on 5/31/2023Total: $271,275.00 ($36.17/share)Brandywine Global Investment Management LLCBought 239 shares on 5/25/2023Ownership: 0.304%Ameriprise Financial Inc.Bought 17,702 shares on 5/22/2023Ownership: 3.539%JPMorgan Chase & Co.Bought 112,247 shares on 5/18/2023Ownership: 0.726%View All Insider TransactionsView All Institutional Transactions HIBB Stock - Frequently Asked Questions Should I buy or sell Hibbett stock right now? 7 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 4 buy ratings for the stock. The consensus among Wall Street research 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 Wall Street analysts have issued 12-month price targets for Hibbett's shares. Their HIBB share price forecasts range from $50.00 to $85.00. On average, they expect the company's share price to reach $72.80 in the next year. This suggests a possible upside of 98.9% 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 at the beginning of 2023. Since then, HIBB stock has decreased by 46.3% and is now trading at $36.61. 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 Thursday, August 24th 2023. View our HIBB earnings forecast. How were Hibbett's earnings last quarter? Hibbett, Inc. (NASDAQ:HIBB) announced its quarterly earnings data on Friday, May, 26th. The company reported $2.74 EPS for the quarter, missing the consensus estimate of $2.98 by $0.24. The firm earned $455.50 million during the quarter, compared to analysts' expectations of $458.28 million. Hibbett had a net margin of 7.16% and a trailing twelve-month return on equity of 34.71%. The company's revenue was up 7.4% on a year-over-year basis. During the same period last year, the business earned $2.89 earnings per share. How often does Hibbett pay dividends? What is the dividend yield for Hibbett? Hibbett announced a quarterly dividend on Tuesday, May 23rd. Shareholders of record on Thursday, June 8th will be given a dividend of $0.25 per share on Tuesday, June 20th. This represents a $1.00 annualized dividend and a dividend yield of 2.73%. The ex-dividend date of this dividend is Wednesday, June 7th. 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), Cambria Shareholder Yield ETF (SYLD), Direxion Daily Retail Bull 3X Shares (RETL), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Hartford Multifactor Small Cap ETF (ROSC), Global X Health & Wellness ETF (BFIT) and Distillate Small/Mid Cash Flow ETF (DSMC). 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 2.79%. The dividend payout ratio is 10.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HIBB will have a dividend payout ratio of 11.06% 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 issued an update on its FY 2024 earnings guidance on Tuesday, May, 30th. The company provided earnings per share guidance of $7.00-$7.75 for the period, compared to the consensus EPS estimate of $9.14. The company issued revenue guidance of -. 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.19%), Dimensional Fund Advisors LP (6.74%), LSV Asset Management (5.32%), State Street Corp (4.78%), Macquarie Group Ltd. (4.12%) and Macquarie Group Ltd. (4.12%). 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 $36.61. How much money does Hibbett make? Hibbett (NASDAQ:HIBB) has a market capitalization of $466.78 million and generates $1.71 billion in revenue each year. The company earns $128.06 million in net income (profit) each year or $9.45 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 6/4/2023 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. 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