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S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
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[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
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Fed's Shocking New Plan to Control Your Money (Ad)
GBTC: The One Place to Buy Bitcoin for 58 Cents on the Dollar
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General Mills Retreats To Buy Zone Ahead Of Earnings 
S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
5 Tech Stocks With Bank-Like Dividend Yields
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
First Republic Bank Hits New Low, Dimon Pushes for More Cash
Mullen Automotive: Investment? No. Compelling Speculation, Yes 
Fed's Shocking New Plan to Control Your Money (Ad)
GBTC: The One Place to Buy Bitcoin for 58 Cents on the Dollar
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Fed's Shocking New Plan to Control Your Money (Ad)
Which Gold Stocks Can Help You Hedge Bank Exposure?
General Mills Retreats To Buy Zone Ahead Of Earnings 
S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
5 Tech Stocks With Bank-Like Dividend Yields
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
First Republic Bank Hits New Low, Dimon Pushes for More Cash
Mullen Automotive: Investment? No. Compelling Speculation, Yes 
Fed's Shocking New Plan to Control Your Money (Ad)
GBTC: The One Place to Buy Bitcoin for 58 Cents on the Dollar
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
Fed's Shocking New Plan to Control Your Money (Ad)
Which Gold Stocks Can Help You Hedge Bank Exposure?
General Mills Retreats To Buy Zone Ahead Of Earnings 
NASDAQ:LOVE

Lovesac - LOVE Stock Forecast, Price & News

$22.46
+1.16 (+5.45%)
(As of 03/20/2023 12:00 AM ET)
Add
Compare
Today's Range
$21.10
$22.55
50-Day Range
$21.30
$29.77
52-Week Range
$17.60
$63.41
Volume
482,467 shs
Average Volume
414,836 shs
Market Capitalization
$341.17 million
P/E Ratio
10.96
Dividend Yield
N/A
Price Target
$63.71

Lovesac MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
183.7% Upside
$63.71 Price Target
Short Interest
Bearish
29.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.55mentions of Lovesac in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$421,700 Bought Last Quarter
Proj. Earnings Growth
19.55%
From $1.79 to $2.14 Per Share

Overall MarketRank

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

2.90 out of 5 stars

Retail/Wholesale Sector

21st out of 207 stocks

Furniture Stores Industry

1st out of 4 stocks


LOVE stock logo

About Lovesac (NASDAQ:LOVE) Stock

The Lovesac Co. is a technology driven, omni-channel company. It designs, manufactures, and sells furniture comprised of modular couches called sactionals and foam beanbag chairs called sacs. Its products include sactionals, sacs, and accessories. The company was founded by Shawn David Nelson in 1995 and is headquartered in Stamford, CT.

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LOVE Stock News Headlines

My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Stock Market Sell-Off: Is Lovesac a Buy?
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Pink Lipps Cosmetics opens storefront on The Plaza
See More Headlines
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LOVE Company Calendar

Last Earnings
12/08/2021
Today
3/20/2023
Next Earnings (Confirmed)
3/28/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Furniture stores
Sub-Industry
N/A
Current Symbol
NASDAQ:LOVE
Fax
N/A
Employees
1,185
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$63.71
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+183.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$45.90 million
Pretax Margin
4.11%

Debt

Sales & Book Value

Annual Sales
$498.24 million
Cash Flow
$2.61 per share
Book Value
$10.33 per share

Miscellaneous

Free Float
13,876,000
Market Cap
$341.17 million
Optionable
Not Optionable
Beta
2.41

Key Executives

  • Shawn David NelsonShawn David Nelson
    Chief Executive Officer & Director
  • Mary FoxMary Fox
    President & Chief Operating Officer
  • Donna L. DellomoDonna L. Dellomo
    CFO, Secretary, Treasurer & Executive VP
  • Jack A. Krause
    Director & Chief Strategy Officer
  • Tom Lee
    Chief Supply Chain Officer













LOVE Stock - Frequently Asked Questions

Should I buy or sell Lovesac stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LOVE shares.
View LOVE analyst ratings
or view top-rated stocks.

What is Lovesac's stock price forecast for 2023?

6 equities research analysts have issued 1 year price objectives for Lovesac's stock. Their LOVE share price forecasts range from $50.00 to $80.00. On average, they expect the company's share price to reach $63.71 in the next year. This suggests a possible upside of 183.7% from the stock's current price.
View analysts price targets for LOVE
or view top-rated stocks among Wall Street analysts.

How have LOVE shares performed in 2023?

Lovesac's stock was trading at $22.01 at the beginning of the year. Since then, LOVE stock has increased by 2.0% and is now trading at $22.46.
View the best growth stocks for 2023 here
.

Are investors shorting Lovesac?

Lovesac saw a increase in short interest in February. As of February 28th, there was short interest totaling 3,880,000 shares, an increase of 13.8% from the February 13th total of 3,410,000 shares. Based on an average trading volume of 479,600 shares, the days-to-cover ratio is currently 8.1 days. Approximately 29.7% of the company's stock are short sold.
View Lovesac's Short Interest
.

When is Lovesac's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 28th 2023.
View our LOVE earnings forecast
.

How can I listen to Lovesac's earnings call?

Lovesac will be holding an earnings conference call on Tuesday, March 28th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Lovesac's earnings last quarter?

The Lovesac Company (NASDAQ:LOVE) issued its earnings results on Wednesday, December, 8th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of ($0.40) by $0.57. The firm earned $116.80 million during the quarter, compared to analyst estimates of $112.19 million. Lovesac had a net margin of 5.46% and a trailing twelve-month return on equity of 10.53%. The firm's quarterly revenue was up 56.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.16 earnings per share.

What ETFs hold Lovesac's stock?
What is Shawn Nelson's approval rating as Lovesac's CEO?

107 employees have rated Lovesac Chief Executive Officer Shawn Nelson on Glassdoor.com. Shawn Nelson has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Lovesac own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lovesac investors own include Moderna (MRNA), Pfizer (PFE), Advanced Micro Devices (AMD), Carnival Co. & (CCL), Overstock.com (OSTK), Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Target (TGT) and AbbVie (ABBV).

When did Lovesac IPO?

(LOVE) raised $46 million in an initial public offering (IPO) on Wednesday, June 27th 2018. The company issued 3,300,000 shares at a price of $13.00-$15.00 per share. Roth Capital Partners acted as the underwriter for the IPO and Craig-Hallum Capital Group was co-manager.

What is Lovesac's stock symbol?

Lovesac trades on the NASDAQ under the ticker symbol "LOVE."

Who are Lovesac's major shareholders?

Lovesac's stock is owned by many different retail and institutional investors. Top institutional shareholders include Granahan Investment Management LLC (8.65%), Alliancebernstein L.P. (8.49%), Geode Capital Management LLC (1.75%), Marshall Wace LLP (1.58%), Skylands Capital LLC (1.23%) and Millennium Management LLC (0.98%). Insiders that own company stock include Albert Jack Krause, Andrew R Heyer, Donna Dellomo, Mary Fox, Satori Capital, Llc, Shawn David Nelson, Shirley Romig, Stuart A Wevik and Walter Field Mclallen.
View institutional ownership trends
.

How do I buy shares of Lovesac?

Shares of LOVE 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 Lovesac's stock price today?

One share of LOVE stock can currently be purchased for approximately $22.46.

How much money does Lovesac make?

Lovesac (NASDAQ:LOVE) has a market capitalization of $341.17 million and generates $498.24 million in revenue each year. The company earns $45.90 million in net income (profit) each year or $2.05 on an earnings per share basis.

How many employees does Lovesac have?

The company employs 1,185 workers across the globe.

How can I contact Lovesac?

Lovesac's mailing address is TWO LANDMARK SQUARE SUITE 300, STAMFORD CT, 06901. The official website for the company is www.lovesac.com. The company can be reached via phone at (207) 273-9733 or via email at investorrelations@lovesac.com.

This page (NASDAQ:LOVE) was last updated on 3/21/2023 by MarketBeat.com Staff