NASDAQ:JOAN JOANN - JOAN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding JOANN Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $4.24 +0.32 (+8.16%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$3.88▼$4.2950-Day Range$2.55▼$5.0352-Week Range$2.46▼$13.55Volume282,897 shsAverage Volume200,886 shsMarket Capitalization$172.95 millionP/E RatioN/ADividend YieldN/APrice Target$5.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media JOANN MarketRank™ ForecastAnalyst RatingHold1.71 Rating ScoreUpside/Downside17.9% Upside$5.00 Price TargetShort InterestBearish5.49% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.71) to ($0.70) 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.1.36 out of 5 starsRetail/Wholesale Sector160th out of 216 stocksMiscellaneous Shopping Goods Stores Industry7th out of 8 stocks 1.9 Analyst's Opinion Consensus RatingJOANN has received a consensus rating of Hold. The company's average rating score is 1.71, and is based on no buy ratings, 5 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.00, JOANN has a forecasted upside of 17.9% from its current price of $4.24.Amount of Analyst CoverageJOANN has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.49% of the outstanding shares of JOANN have been sold short.Short Interest Ratio / Days to CoverJOANN has a short interest ratio ("days to cover") of 10.8, which indicates bearish sentiment.Change versus previous monthShort interest in JOANN has recently decreased by 1.32%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldJOANN does not currently pay a dividend.Dividend GrowthJOANN does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for JOAN. Previous Next 1.1 News and Social Media Coverage News SentimentJOANN has a news sentiment score of 0.03. 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 0.50 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 1 news article for JOANN this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for JOAN on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added JOANN to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, JOANN insiders have not sold or bought any company stock.Percentage Held by Insiders71.10% of the stock of JOANN is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions91.23% of the stock of JOANN is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for JOANN are expected to grow in the coming year, from ($0.71) to ($0.70) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of JOANN is -1.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of JOANN is -1.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioJOANN has a P/B Ratio of 1.16. 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 JOANN (NASDAQ:JOAN) StockJOANN 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.Read More Receive JOAN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for JOANN and its competitors with MarketBeat's FREE daily newsletter. Email Address JOAN Stock News HeadlinesJanuary 27, 2023 | americanbankingnews.comTraders Purchase Large Volume of Call Options on JOANN (NASDAQ:JOAN)January 24, 2023 | americanbankingnews.comJOANN Inc. (NASDAQ:JOAN) Sees Large Decline in Short InterestFebruary 2, 2023 | Investing Trends (Ad)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.January 5, 2023 | finanznachrichten.deKohler Co.: Kohler Arts/Industry Resident Spotlight: Joann QuiñonesJanuary 5, 2023 | msn.comAldi To Replace Baltimore County JOANN Store: ReportJanuary 4, 2023 | finance.yahoo.comJOANN Announces Participation at 2023 ICR ConferenceDecember 14, 2022 | finance.yahoo.comJOANN Inc. (NASDAQ:JOAN) Q3 2023 Earnings Call TranscriptDecember 12, 2022 | finance.yahoo.comJOANN Inc. (JOAN) Misses Q3 Earnings and Revenue EstimatesFebruary 2, 2023 | Investing Trends (Ad)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.December 12, 2022 | finance.yahoo.comJOANN Announces Third Quarter Fiscal 2023 ResultsDecember 6, 2022 | finance.yahoo.comJOANN Schedules Third Quarter Fiscal 2023 Earnings Release and Conference CallNovember 11, 2022 | finance.yahoo.comInvestors in JOANN (NASDAQ:JOAN) have unfortunately lost 46% over the last yearOctober 26, 2022 | msn.comSchatz Crossroads honors longtime employeeOctober 12, 2022 | seekingalpha.comJOANN: Digitalization Is Finally Paying Off (NASDAQ:JOAN) - Seeking AlphaOctober 12, 2022 | benzinga.comCupixel Rolls Out Comic and Realism Experiences on Art App - JOANN (NASDAQ:JOAN) - BenzingaOctober 11, 2022 | bizjournals.comJoann to replace Bed, Bath & Beyond at Bradley mall - Chicago Business Journal - The Business JournalsOctober 10, 2022 | finance.yahoo.comJOANN and Sutton Foster Team Up for World Mental Health Day to Share the Positive Impact of CraftingOctober 10, 2022 | globenewswire.comJOANN and Sutton Foster Team Up for World Mental Health Day to Share the Positive Impact of Crafting - GlobeNewswireOctober 10, 2022 | cnn.comThe simple reason why Trader Joe's doesn't deliver - CNNOctober 10, 2022 | nytimes.comThat Reusable Trader Joe’s Bag? It’s Rescuing an Indian Industry. - The New York TimesSeptember 29, 2022 | streetinsider.comForm 3 JOANN Inc. For: Sep 26 Filed by: Sekella Scott - StreetInsider.comSeptember 29, 2022 | benzinga.comJOANN Releases Initial Corporate Responsibility Impact Report - JOANN (NASDAQ:JOAN) - BenzingaSeptember 29, 2022 | finance.yahoo.comJOANN Releases Initial Corporate Responsibility Impact ReportSeptember 26, 2022 | msn.com38-year-old man missing after fishing trip on B.C.'s Central CoastSeptember 17, 2022 | nypost.comJoAnn Oliver returns $543 she found under her KFC sandwich despite having $2M in medical bills - New York Post September 14, 2022 | cnet.comScore 60% Off Joann's Entire Halloween and Fall Stock Today - CNETSeptember 12, 2022 | washingtonpost.comAdvice | Ask a Doctor: How much vitamin D do I need? Should I take a supplement? - The Washington PostSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive JOAN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for JOANN and its competitors with MarketBeat's FREE daily newsletter. Email Address JOAN Company Calendar Last Earnings12/12/2022Today2/02/2023Next Earnings (Estimated)3/16/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Miscellaneous shopping goods stores Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:JOAN CUSIPN/A CIK1834585 Webwww.joann.com Phone330-656-2600FaxN/AEmployees5,060Year FoundedN/APrice 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 RatingHold Rating Score (0-4)1.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($2.37) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$56.70 million Net Margins-4.24% Pretax Margin-6.07% Return on Equity7.12% Return on Assets0.26% Debt Debt-to-Equity Ratio24.54 Current Ratio1.52 Quick Ratio0.19 Sales & Book Value Annual Sales$2.42 billion Price / Sales0.07 Cash Flow$4.51 per share Price / Cash Flow0.94 Book Value$3.64 per share Price / Book1.16Miscellaneous Outstanding Shares40,790,000Free Float11,787,000Market Cap$172.95 million OptionableNot Optionable Beta1.37 Key ExecutivesMr. Wade D. Miquelon (Age 57)Chairman, Pres & CEO Comp: $1.04MMs. Janet Duliga (Age 55)Exec. VP & Chief Admin. Officer Comp: $531.48kMr. Christopher DiTullio (Age 49)Exec. VP & Chief Customer Officer Comp: $534.52kMr. Robert Will (Age 44)Exec. VP & Chief Merchandising Officer Comp: $529.49kMr. Scott SekellaSr. VP & Chief Financial OfficerMr. Varadheesh Chennakrishnan (Age 53)Sr. VP & Chief Information Officer Ajay JainInvestor Relations DirectorMs. 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 More ExecutivesKey CompetitorsBig 5 Sporting GoodsNASDAQ:BGFVSportsman's WarehouseNASDAQ:SPWHVera BradleyNASDAQ:VRALL FlooringNYSE:LLa.k.a. BrandsNYSE:AKAView All CompetitorsInsiders & InstitutionsNational Bank of Canada FISold 3,057 shares on 1/24/2023Ownership: 0.000%First Heartland Consultants Inc.Bought 14,632 shares on 1/13/2023Ownership: 0.062%Bank of New York Mellon CorpBought 12,014 shares on 12/8/2022Ownership: 0.833%BNP Paribas Arbitrage SNCBought 4,972 shares on 11/16/2022Ownership: 0.012%State Street CorpBought 7,237 shares on 11/15/2022Ownership: 0.542%View All Insider TransactionsView All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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