Lifetime Brands (LCUT) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lifetime Brands in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LCUT shares.
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2 brokers have issued 12-month target prices for Lifetime Brands' shares. Their LCUT share price forecasts range from $9.50 to $12.00. On average, they expect the company's stock price to reach $10.75 in the next twelve months. This suggests a possible upside of 95.5% from the stock's current price.
View analysts price targets for LCUT or view top-rated stocks among Wall Street analysts.

Lifetime Brands' stock was trading at $7.59 at the beginning of 2023. Since then, LCUT shares have decreased by 27.5% and is now trading at $5.50.
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Lifetime Brands saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 53,900 shares, a decrease of 15.0% from the August 15th total of 63,400 shares. Based on an average trading volume of 130,800 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the company's shares are short sold.
View Lifetime Brands' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our LCUT earnings forecast.

Lifetime Brands, Inc. (NASDAQ:LCUT) released its earnings results on Thursday, August, 3rd. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.20. The business earned $146.44 million during the quarter, compared to analysts' expectations of $131.64 million. Lifetime Brands had a positive trailing twelve-month return on equity of 2.24% and a negative net margin of 2.69%.

Lifetime Brands announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Wednesday, November 1st will be given a dividend of $0.0425 per share on Wednesday, November 15th. This represents a $0.17 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date is Tuesday, October 31st.
Read our dividend analysis for LCUT.

Lifetime Brands (NASDAQ:LCUT) pays an annual dividend of $0.17 per share and currently has a dividend yield of 3.09%.
Read our dividend analysis for LCUT.

Lifetime Brands updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $0.53-$0.64 for the period, compared to the consensus earnings per share estimate of $0.53. The company issued revenue guidance of $660.00 million-$720.00 million, compared to the consensus revenue estimate of $679.86 million.

2 employees have rated Lifetime Brands Chief Executive Officer Robert Kay on Glassdoor.com. Robert Kay has an approval rating of 100% among the company's employees. This puts Robert Kay in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lifetime Brands investors own include Energy Transfer (ET), AT&T (T), CBL & Associates Properties (CBL), Verizon Communications (VZ), Ford Motor (F), Pfizer (PFE), TELUS (TU), AbbVie (ABBV) and Advanced Micro Devices (AMD).

Lifetime Brands trades on the NASDAQ under the ticker symbol "LCUT."

Lifetime Brands' stock is owned by a number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.70%), Martin & Co. Inc. TN (1.64%), Teton Advisors Inc. (1.11%), BlackRock Inc. (1.07%), Renaissance Technologies LLC (0.97%) and RBF Capital LLC (0.83%). Insiders that own company stock include Craig Phillips, Daniel Siegel, Laurence Winoker and Robert Bruce Kay.
View institutional ownership trends.

Shares of LCUT 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 LCUT stock can currently be purchased for approximately $5.50.

Lifetime Brands (NASDAQ:LCUT) has a market capitalization of $119.96 million and generates $727.66 million in revenue each year. The company earns $-6,170,000.00 in net income (profit) each year or ($0.87) on an earnings per share basis.

The company employs 1,260 workers across the globe.

Lifetime Brands' mailing address is 1000 STEWART AVENUE, GARDEN CITY NY, 11530. The official website for the company is www.lifetimebrands.com. The company can be reached via phone at (516) 683-6000, via email at investor.relations@lifetimebrands.com, or via fax at 516-555-0101.