Hibbett - HIBB Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hibbett in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HIBB shares.
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6 brokers have issued 1 year target prices for Hibbett's stock. Their HIBB share price forecasts range from $75.00 to $80.00. On average, they anticipate the company's share price to reach $77.00 in the next twelve months. This suggests a possible upside of 19.9% 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 5.9% and is now trading at $64.22.
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The company is scheduled to release its next quarterly earnings announcement on Friday, March 3rd 2023.
View our HIBB earnings forecast.

Hibbett, Inc. (NASDAQ:HIBB) posted its quarterly earnings results on Tuesday, November, 29th. The company reported $1.94 EPS for the quarter, missing the consensus estimate of $2.56 by $0.62. The company had revenue of $433.16 million for the quarter, compared to the consensus estimate of $437.82 million. Hibbett had a net margin of 6.57% and a trailing twelve-month return on equity of 34.12%.

Hibbett declared a quarterly dividend on Tuesday, November 22nd. Shareholders of record on Thursday, December 8th will be paid a dividend of $0.25 per share on Tuesday, December 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Wednesday, December 7th.
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 1.51%. The dividend payout ratio is 12.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HIBB will have a dividend payout ratio of 9.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HIBB.

Hibbett issued an update on its FY 2023 earnings guidance on Thursday, December, 29th. The company provided earnings per share guidance of $9.75-$10.50 for the period, compared to the consensus earnings per share estimate of $9.76. The company issued revenue guidance of -.

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 trades on the NASDAQ under the ticker symbol "HIBB."

Hibbett's stock is owned by a number of institutional and retail investors. Top institutional investors include M&G Investment Management Ltd. (0.37%), SummerHaven Investment Management LLC (0.13%), Alpha DNA Investment Management LLC (0.13%), New York State Common Retirement Fund (0.08%), Allspring Global Investments Holdings LLC (0.07%) and Yousif Capital Management LLC (0.06%). 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, Scott Randall Humphrey, 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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One share of HIBB stock can currently be purchased for approximately $64.22.

Hibbett (NASDAQ:HIBB) has a market capitalization of $817.52 million and generates $1.69 billion in revenue each year. The company earns $174.31 million in net income (profit) each year or $7.94 on an earnings per share basis.

The company employs 11,000 workers across the globe.

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.