Hibbett - HIBB Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hibbett in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HIBB shares.
View HIBB analyst ratings or view top-rated stocks.

6 analysts have issued 1-year target prices for Hibbett's shares. Their HIBB share price forecasts range from $65.00 to $88.00. On average, they expect the company's share price to reach $76.60 in the next year. This suggests a possible upside of 28.4% from the stock's current price.
View analysts price targets for HIBB or view top-rated stocks among Wall Street analysts.

Hibbett's stock was trading at $71.93 on January 1st, 2022. Since then, HIBB shares have decreased by 17.1% and is now trading at $59.64.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our HIBB earnings forecast.

Hibbett will be holding an earnings conference call on Thursday, August 25th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Hibbett, Inc. (NASDAQ:HIBB) announced its quarterly earnings data on Friday, May, 27th. The company reported $2.89 EPS for the quarter, missing analysts' consensus estimates of $3.29 by $0.40. The company had revenue of $424.10 million for the quarter, compared to analyst estimates of $424.20 million. Hibbett had a net margin of 8.01% and a trailing twelve-month return on equity of 39.56%. The firm's revenue was down 16.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.00 earnings per share.

Hibbett announced a quarterly dividend on Thursday, June 2nd. Investors of record on Thursday, June 9th will be given a dividend of $0.25 per share on Tuesday, June 21st. This represents a $1.00 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Wednesday, June 8th.
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 1.65%. The dividend payout ratio is 11.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HIBB will have a dividend payout ratio of 9.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HIBB.

Hibbett updated its FY 2023 earnings guidance on Friday, June, 24th. The company provided EPS guidance of $9.75-$10.50 for the period, compared to the consensus earnings per share estimate of $9.74. 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 shareholders include State Street Corp (4.47%), Macquarie Group Ltd. (3.99%), Price T Rowe Associates Inc. MD (3.61%), Bronte Capital Management Pty Ltd. (2.93%), Goldman Sachs Group Inc. (2.09%) and Smith Graham & Co. Investment Advisors LP (1.70%). Insiders that own company stock include Alton E Yother, Alton E Yother, Anthony F Crudele, Benjamin Ashley Knighten, Cathy E Pryor, David Mitchell Benck, Dorlisa K Flur, James A Hilt, Jane F Aggers, Jared S Briskin, Jeffry O Rosenthal, Michael E Longo, Ronald P Blahnik, Scott Randall Humphrey, Terrance G Finley and William G Quinn.
View institutional ownership trends.

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.

One share of HIBB stock can currently be purchased for approximately $59.64.

Hibbett (NASDAQ:HIBB) has a market capitalization of $771.74 million and generates $1.69 billion in revenue each year. The company earns $174.31 million in net income (profit) each year or $8.68 on an earnings per share basis.

The company employs 11,000 workers across the globe.

Hibbett was founded in 1945.

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.