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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
These 2 Healthcare Stocks Have Doubled in 2023
Bed Bath & Beyond Is Circling the Drain
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Institutions are Buying up Procter & Gamble Shares, Should you?
NASDAQ:JOAN

JOANN - JOAN Stock Forecast, Price & News

$4.24
+0.32 (+8.16%)
(As of 02/1/2023 12:00 AM ET)
Add
Compare
Today's Range
$3.88
$4.29
50-Day Range
$2.55
$5.03
52-Week Range
$2.46
$13.55
Volume
282,897 shs
Average Volume
200,886 shs
Market Capitalization
$172.95 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

JOANN MarketRank™ Forecast

Analyst Rating
Hold
1.71 Rating Score
Upside/​Downside
17.9% Upside
$5.00 Price Target
Short Interest
Bearish
5.49% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.71) to ($0.70) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.36 out of 5 stars

Retail/Wholesale Sector

160th out of 216 stocks

Miscellaneous Shopping Goods Stores Industry

7th out of 8 stocks


JOAN stock logo

About JOANN (NASDAQ:JOAN) Stock

JOANN Inc. operates as a specialty retailer of sewing and fabrics, and arts and crafts category products in the United States. Its products in sewing category include cotton fabrics; warm fabrics, such as fleece and flannel fabrics; home decorating and utility fabrics and accessories; fashion and sportswear fabrics; special occasion fabrics; seasonally themed and licensed fabric designs; and sewing construction supplies comprising cutting implements, threads, zippers, trims, tapes, pins, elastic, and buttons, as well as patterns for sewing projects. The company's products in arts and crafts, home décor, and other category consist of yarn and yarn accessories, and needlecraft kits and supplies; paper crafting components; craft materials; fine art materials; sewing machines, craft technology, lighting, irons, organizers, and other products; artificial floral products; seasonal décor and entertaining products; home décor accessories; ready-made frames; comprehensive assortment books and magazines; and non-merchandise services. JOANN Inc. offers its products through retail stores, as well as online. As of March 21, 2022, it operated 848 retail stores in 49 states. The company was formerly known as Jo-Ann Stores Holdings Inc. and changed its name to JOANN Inc. in February 2021. JOANN Inc. was founded in 1943 and is based in Hudson, Ohio.

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JOAN Stock News Headlines

JOANN Inc. (NASDAQ:JOAN) Sees Large Decline in Short Interest
Solar Industry at Start of Long Bull Run?
The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.
JOANN Announces Participation at 2023 ICR Conference
JOANN Inc. (NASDAQ:JOAN) Q3 2023 Earnings Call Transcript
JOANN Inc. (JOAN) Misses Q3 Earnings and Revenue Estimates
Solar Industry at Start of Long Bull Run?
The U.S. solar industry generated nearly $33 billion of private investment in the American economy in 2021 -- and analysts say it looks like the start of a long solar bull market. Leading the way is the just-signed Inflation Reduction Act of 2022. With its generous investment tax credits, the Act is expected to triple U.S. solar energy production over the next 5 years.
JOANN Announces Third Quarter Fiscal 2023 Results
Schatz Crossroads honors longtime employee
See More Headlines
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JOAN Company Calendar

Last Earnings
12/12/2022
Today
2/02/2023
Next Earnings (Estimated)
3/16/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous shopping goods stores
Sub-Industry
N/A
Current Symbol
NASDAQ:JOAN
Fax
N/A
Employees
5,060
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$5.00
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+17.9%
Consensus Rating
Hold
Rating Score (0-4)
1.71
Research Coverage
7 Analysts

Profitability

Net Income
$56.70 million
Pretax Margin
-6.07%

Debt

Sales & Book Value

Annual Sales
$2.42 billion
Cash Flow
$4.51 per share
Book Value
$3.64 per share

Miscellaneous

Free Float
11,787,000
Market Cap
$172.95 million
Optionable
Not Optionable
Beta
1.37

Key Executives

  • Mr. Wade D. MiquelonMr. Wade D. Miquelon (Age 57)
    Chairman, Pres & CEO
    Comp: $1.04M
  • Ms. Janet DuligaMs. Janet Duliga (Age 55)
    Exec. VP & Chief Admin. Officer
    Comp: $531.48k
  • Mr. Christopher DiTullio (Age 49)
    Exec. VP & Chief Customer Officer
    Comp: $534.52k
  • Mr. Robert WillMr. Robert Will (Age 44)
    Exec. VP & Chief Merchandising Officer
    Comp: $529.49k
  • Mr. Scott Sekella
    Sr. VP & Chief Financial Officer
  • Mr. Varadheesh Chennakrishnan (Age 53)
    Sr. VP & Chief Information Officer
  • Ajay Jain
    Investor Relations Director
  • Ms. Ann Aber (Age 44)
    Sr. VP, Chief Legal Officer & Sec.
  • Ms. Sharyn M. Hejcl (Age 57)
    Sr. VP and Chief Innovation & Sourcing Officer
  • Ms. Lisa Wittman-Smith (Age 56)
    Sr. VP of Inventory Management & Bus. Insights













JOAN Stock - Frequently Asked Questions

Should I buy or sell JOANN stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for JOANN in the last twelve months. There are currently 2 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" JOAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JOAN, but not buy additional shares or sell existing shares.
View JOAN analyst ratings
or view top-rated stocks.

What is JOANN's stock price forecast for 2023?

7 equities research analysts have issued 12-month price objectives for JOANN's shares. Their JOAN share price forecasts range from $3.00 to $8.00. On average, they predict the company's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for JOAN
or view top-rated stocks among Wall Street analysts.

How have JOAN shares performed in 2023?

JOANN's stock was trading at $2.85 on January 1st, 2023. Since then, JOAN shares have increased by 48.8% and is now trading at $4.24.
View the best growth stocks for 2023 here
.

When is JOANN's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
View our JOAN earnings forecast
.

How were JOANN's earnings last quarter?

JOANN Inc. (NASDAQ:JOAN) released its quarterly earnings data on Monday, December, 12th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.04 by $0.05. The firm had revenue of $562.80 million for the quarter, compared to analyst estimates of $572.80 million. JOANN had a positive trailing twelve-month return on equity of 7.12% and a negative net margin of 4.24%.

How often does JOANN pay dividends? What is the dividend yield for JOANN?

JOANN announced a quarterly dividend on Monday, August 22nd. Investors of record on Friday, September 9th will be given a dividend of $0.11 per share on Friday, September 23rd. This represents a $0.44 annualized dividend and a dividend yield of 10.38%. The ex-dividend date of this dividend is Thursday, September 8th.
Read our dividend analysis for JOAN
.

When did JOANN IPO?

(JOAN) raised $174 million in an initial public offering on Friday, March 12th 2021. The company issued 10,900,000 shares at $15.00-$17.00 per share. BofA Securities, Credit Suisse, Guggenheim Securities, Barclays, Wells Fargo Securities, Piper Sandler and William Blair acted as the underwriters for the IPO and Telsey Advisory Group was co-manager.

What is JOANN's stock symbol?

JOANN trades on the NASDAQ under the ticker symbol "JOAN."

Who are JOANN's major shareholders?

JOANN's stock is owned by a number of institutional and retail investors. Top institutional shareholders include First Heartland Consultants Inc. (0.06%), Concourse Financial Group Securities Inc. (0.00%) and National Bank of Canada FI (0.00%). Insiders that own company stock include Christopher Ditullio, Darrell Webb, Equity Investors Cf LP Green, Equity Investors V LP Green, Janet Duliga, Joseph Thibault, Matthew B Susz, Michael Sagar Joyce, Robert Will, Thomas A Dryer, Varadheesh Chennakrishnan and Wade D Miquelon.
View institutional ownership trends
.

How do I buy shares of JOANN?

Shares of JOAN 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 JOANN's stock price today?

One share of JOAN stock can currently be purchased for approximately $4.24.

How much money does JOANN make?

JOANN (NASDAQ:JOAN) has a market capitalization of $172.95 million and generates $2.42 billion in revenue each year. The company earns $56.70 million in net income (profit) each year or ($2.37) on an earnings per share basis.

How many employees does JOANN have?

The company employs 5,060 workers across the globe.

How can I contact JOANN?

JOANN's mailing address is 5555 DARROW ROAD, HUDSON OH, 44236. The official website for the company is www.joann.com. The company can be reached via phone at 330-656-2600 or via email at ajay.jain@joann.com.

This page (NASDAQ:JOAN) was last updated on 2/2/2023 by MarketBeat.com Staff