Lifetime Brands (LCUT) Stock Forecast, Price & News

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

2 equities research analysts have issued twelve-month price objectives for Lifetime Brands' shares. Their LCUT share price forecasts range from $9.50 to $12.00. On average, they anticipate the company's stock price to reach $10.75 in the next twelve months. This suggests a possible upside of 113.7% 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 the year. Since then, LCUT stock has decreased by 33.7% and is now trading at $5.03.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our LCUT earnings forecast.

Lifetime Brands, Inc. (NASDAQ:LCUT) issued its quarterly earnings data on Thursday, November, 4th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.21. The firm earned $224.78 million during the quarter, compared to analysts' expectations of $240.48 million. Lifetime Brands had a positive trailing twelve-month return on equity of 1.10% and a negative net margin of 2.22%. During the same quarter last year, the business posted $0.65 earnings per share.

Lifetime Brands declared a quarterly dividend on Wednesday, March 8th. Shareholders of record on Monday, May 1st will be paid a dividend of $0.043 per share on Monday, May 15th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date is Friday, April 28th.
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 3.41%.
Read our dividend analysis for LCUT.

Lifetime Brands issued an update on its FY 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of $0.58-$0.69 for the period, compared to the consensus estimate of $0.39. The company issued revenue guidance of $660.00 million-$720.00 million, compared to the consensus revenue estimate of $721.29 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), Acme United (ACU), 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 variety of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.15%), BlackRock Inc. (3.83%), Martin & Co. Inc. TN (1.13%), Ameriprise Financial Inc. (1.11%), Geode Capital Management LLC (1.07%) and Guardian Wealth Management Inc. (0.65%). Insiders that own company stock include Craig Phillips, Daniel Siegel, Laurence Winoker and Robert Bruce Kay.
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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 $5.03.

Lifetime Brands (NASDAQ:LCUT) has a market capitalization of $109.10 million and generates $727.66 million in revenue each year. The company earns $-6,170,000.00 in net income (profit) each year or ($0.72) 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.