Staples Company Profile (NASDAQ:SPLS)

Staples trades on the NASDAQ under the ticker symbol "SPLS."

Staples announced a quarterly dividend on Monday, June 12th. Investors of record on Friday, June 23rd will be paid a dividend of $0.12 per share on Thursday, July 13th. This represents a $0.48 dividend on an annualized basis and a yield of 4.68%. The ex-dividend date of this dividend is Wednesday, June 21st. View Staples' Dividend History.

Staples, Inc. (NASDAQ:SPLS) issued its quarterly earnings data on Thursday, August, 24th. The company reported $0.12 earnings per share for the quarter, meeting the consensus estimate of $0.12. The company had revenue of $3.91 billion for the quarter, compared to analysts' expectations of $3.87 billion. Staples had a positive return on equity of 15.09% and a negative net margin of 8.53%. Staples's revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.12 earnings per share. View Staples' Earnings History.

Staples is scheduled to release their next quarterly earnings announcement on Wednesday, November, 15th 2017. View Earnings Estimates for Staples.

6 brokers have issued 1-year price objectives for Staples' stock. Their predictions range from $5.00 to $12.00. On average, they expect Staples' share price to reach $8.85 in the next twelve months. View Analyst Ratings for Staples.

Here are some recent quotes from research analysts about Staples stock:

• 1. According to Zacks Investment Research, "Staples, which accepted the buyout offer of Sycamore Partners, has outpaced the industry in the past three months. The company reported in-line earnings for the fifth quarter in row, when it posted second-quarter fiscal 2017 results. Top line also beat estimates. However, both sales and earnings continued to decline year over year. Persistent weakness in the office products sector, technological advancements and stiff competition continue to hurt performance. Nevertheless, Staples' actions to streamline operations aimed at enhancing productivity and performance of North American business bode well. Further, its cost containment efforts that target annualized savings of nearly $300 million by 2018 holds promise. The company is poised to gain from its plans of shutting underperforming stores, boosting online presence and tapping growth opportunities in Pro Categories." (8/25/2017)
• 2. Jefferies Group LLC analysts commented, "Q3 EPS was in line, though Street estimates were at the high end of new Q4 guidance range. Sales were a bit light of expectations, but margins were better. As telegraphed last quarter, SPLS acquired an independent dealer with over $100 million in revenue as it focuses on mid-market." (11/18/2016)

Staples saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 19,431,834 shares, a decrease of 7.9% from the August 15th total of 21,087,866 shares. Based on an average daily trading volume, of 7,876,585 shares, the days-to-cover ratio is currently 2.5 days. Currently, 3.0% of the company's shares are sold short.

Some companies that are related to Staples include Tractor Supply Company (TSCO), NEXT plc (NXT), Marks and Spencer Group Plc (MKS), Cabela's (CAB), The Michaels Companies (MIK), Stamps.com (STMP), Ollie's Bargain Outlet Holdings (OLLI), Sally Beauty Holdings (SBH), Party City Holdco (PRTY), Rent-A-Center (RCII), West Marine (WMAR), Barnes & Noble Education (BNED), Container Store (The) (TCS), Gaia (GAIA), EVINE Live (EVLV) and Dover Saddlery (DOVR).

Staples' management team includes the folowing people:

• Robert E. Sulentic, Independent Chairman of the Board
• Shira D. Goodman, President, Chief Executive Officer, Director
• Jeffrey L. Hall, Vice Chairman, Chief Administrative Officer
• Joseph G. Doody, Vice Chairman
• Christine T. Komola, Chief Financial Officer, Executive Vice President
• Steve Matyas, President, North American Retail
• Mark Conte, Senior Vice President, Corporate Controller
• Michelle Bottomley, Chief Marketing Officer
• Michael T. Williams, Chief Legal Officer, Secretary
• Drew G. Faust, Independent Director

Staples' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.15%), BlackRock Inc. (7.42%), FMR LLC (5.49%), Schroder Investment Management Group (4.59%), Pzena Investment Management LLC (4.51%) and State Street Corp (4.46%). Company insiders that own Staples stock include Mark Conte, Michael Williams, Paul-Henri Ferrand and Shira Goodman. View Institutional Ownership Trends for Staples.

Staples' stock was sold by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., Prudential Financial Inc., Schroder Investment Management Group, First Quadrant L P CA, Pzena Investment Management LLC, QV Investors Inc., Menora Mivtachim Holdings LTD. and Wells Fargo & Company MN. View Insider Buying and Selling for Staples.

Staples' stock was acquired by a variety of institutional investors in the last quarter, including CNH Partners LLC, Quinn Opportunity Partners LLC, FMR LLC, Chicago Capital Management LLC, Candriam Luxembourg S.C.A., W. E. Donoghue & Co. LLC, ARP Americas LLC and Todd Asset Management LLC. Company insiders that have bought Staples stock in the last two years include Paul-Henri Ferrand and Shira Goodman. View Insider Buying and Selling for Staples.

Shares of Staples can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Staples stock can currently be purchased for approximately $10.25.