NASDAQ:MIK

Michaels Companies (MIK) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$21.97
$21.97
50-Day Range
$21.85
$22.00
52-Week Range
$1.86
$22.42
Volume
N/A
Average Volume
5.65 million shs
Market Capitalization
$3.12 billion
P/E Ratio
14.65
Dividend Yield
N/A
Price Target
N/A

Michaels Companies MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-2.19
Upright™ Environmental Score
News Sentiment
0.00mentions of Michaels Companies in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.50%
From $2.22 to $2.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.09 out of 5 stars

Retail/Wholesale Sector

197th out of 199 stocks

Hobby, Toy, & Game Shops Industry

2nd out of 2 stocks

MIK stock logo

About Michaels Companies Stock (NASDAQ:MIK)

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for hobbyist and do-it-yourself home decorators in the United States and Canada. It operates Michaels stores that offer approximately 45,000 basic and seasonal stock-keeping units (SKUs) in arts, crafts, framing, floral, and home décor and seasonal merchandise. The company also provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, ArtMinds, Artist's Loft, Craft Smart, Loops & Threads, Simply Tidy, Make Market, Foamies, LockerLookz, Imagin8, and Sticky Sticks. Further, it manufactures and supplies precut mats and custom framing merchandise; and distributes craft and hobby items products under the Darice brand. As of February 1, 2020, the company operated approximately 1,274 Michaels retail stores in 49 states and Canada. It also serves customers through Michaels.com, ConsumerCrafts.com, Canada.Michaels.com, Darice.com, and AaronBrothers.com websites, as well as through its Michaels app. The Michaels Companies, Inc. was incorporated in 1983 and is headquartered in Irving, Texas.

MIK Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
See More Headlines
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Company Calendar

Last Earnings
3/03/2021
Today
4/23/2024

Industry, Sector and Symbol

Industry
Hobby, Toy, & Game Shops
Sub-Industry
N/A
Current Symbol
NASDAQ:MIK
Fax
N/A
Employees
11,000
Year Founded
N/A

Profitability

Net Income
$272.60 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$5.07 billion
Cash Flow
$4.22 per share
Book Value
($9.85) per share

Miscellaneous

Free Float
N/A
Market Cap
$3.12 billion
Optionable
Optionable
Beta
3.18
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Key Executives

  • Mr. Ashley Buchanan (Age 46)
    Pres, CEO & Director
    Comp: $3.74M
  • Mr. Mark S. Cosby (Age 62)
    Sr. Advisor & Director
    Comp: $1.38M
  • Mr. John Robert Koch (Age 56)
    Exec. VP of Real Estate & Artistree
    Comp: $478.73k
  • Mr. Michael Diamond
    Chief Financial Officer
  • Mr. James Edward Sullivan (Age 57)
    Chief Accounting Officer, Sr. VP & Controller
  • Mr. Hsiao Wang
    Exec. VP & Chief Information Officer
  • Ms. Elaine Locke
    VP of Investor Relations & Treasurer
  • Mr. Tim Cheatham (Age 56)
    Exec. VP, Gen. Counsel & Sec.
  • Mr. Ronald J. Stoupa
    Sr. VP & Chief Marketing Officer
  • Ms. Brynn L. Evanson (Age 51)
    Exec. VP & Chief HR Officer

MIK Stock Analysis - Frequently Asked Questions

How were Michaels Companies' earnings last quarter?

The Michaels Companies, Inc. (NASDAQ:MIK) issued its earnings results on Wednesday, March, 3rd. The specialty retailer reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.12. The specialty retailer had revenue of $1.92 billion for the quarter, compared to analysts' expectations of $1.83 billion. Michaels Companies had a net margin of 4.36% and a negative trailing twelve-month return on equity of 20.17%. The business's revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the business earned $1.26 earnings per share.

What is Ashley Buchanan's approval rating as Michaels Companies' CEO?

132 employees have rated Michaels Companies Chief Executive Officer Ashley Buchanan on Glassdoor.com. Ashley Buchanan has an approval rating of 56% among the company's employees. This puts Ashley Buchanan in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Michaels Companies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Michaels Companies investors own include Bank of America (BAC), Intelsat (I), AMC Entertainment (AMC), Coty (COTY), Fossil Group (FOSL), Advanced Micro Devices (amd), Ciena (CIEN), Abercrombie & Fitch (ANF), American Eagle Outfitters (AEO) and Associated British Foods (ABF).

This page (NASDAQ:MIK) was last updated on 4/24/2024 by MarketBeat.com Staff

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