JOANN - JOAN Stock Forecast, Price & News

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.

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.

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

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%.

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.

(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.

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

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

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.

The company employs 5,060 workers across the globe.

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.