Bath & Body Works (BBWI) Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bath & Body Works in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BBWI shares.
View BBWI analyst ratings or view top-rated stocks.

14 equities research analysts have issued 1 year price objectives for Bath & Body Works' stock. Their BBWI share price forecasts range from $37.00 to $61.00. On average, they expect the company's share price to reach $46.69 in the next year. This suggests a possible upside of 45.8% from the stock's current price.
View analysts price targets for BBWI or view top-rated stocks among Wall Street analysts.

Bath & Body Works' stock was trading at $42.14 at the beginning of the year. Since then, BBWI stock has decreased by 24.0% and is now trading at $32.03.
View the best growth stocks for 2023 here.

Bath & Body Works saw a increase in short interest in August. As of August 31st, there was short interest totaling 7,850,000 shares, an increase of 19.3% from the August 15th total of 6,580,000 shares. Based on an average trading volume of 3,860,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 3.5% of the company's stock are short sold.
View Bath & Body Works' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023.
View our BBWI earnings forecast.

Bath & Body Works, Inc. (NYSE:BBWI) issued its earnings results on Wednesday, August, 23rd. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.33 by $0.07. The firm earned $1.56 billion during the quarter, compared to analyst estimates of $1.56 billion. Bath & Body Works had a net margin of 9.47% and a negative trailing twelve-month return on equity of 30.08%. The firm's quarterly revenue was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.52 earnings per share.

Bath & Body Works declared a quarterly dividend on Friday, August 4th. Shareholders of record on Friday, August 18th will be paid a dividend of $0.20 per share on Friday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date is Thursday, August 17th.
Read our dividend analysis for BBWI.

ETFs with the largest weight of Bath & Body Works (NYSE:BBWI) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), Simplify Market Neutral Equity Long/Short ETF (EQLS), Argent Mid Cap ETF (AMID), AAM S&P 500 High Dividend Value ETF (SPDV), VanEck Morningstar SMID Moat ETF (SMOT), Distillate Small/Mid Cash Flow ETF (DSMC), T. Rowe Price Small-Mid Cap ETF (TMSL) and FlexShares Quality Dividend Dynamic Index Fund (QDYN).

Bath & Body Works (NYSE:BBWI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.42%. The dividend payout ratio is 26.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBWI will have a dividend payout ratio of 21.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BBWI.

Bath & Body Works issued an update on its FY24 earnings guidance on Wednesday, August, 23rd. The company provided earnings per share (EPS) guidance of $2.80-3.10 for the period, compared to the consensus EPS estimate of $3.04. The company issued revenue guidance of down 1.5-3.5% yr/yr to $7.30-7.45 billion, compared to the consensus revenue estimate of $7.48 billion.

Bath & Body Works trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBWI."

Bath & Body Works' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.15%), Third Point LLC (6.05%), State Street Corp (4.27%), Geode Capital Management LLC (2.17%), Champlain Investment Partners LLC (1.56%) and Northern Trust Corp (1.22%). Insiders that own company stock include Robert H Schottenstein, Thomas E Mazurek and Wendy C Arlin.
View institutional ownership trends.

Shares of BBWI 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.

One share of BBWI stock can currently be purchased for approximately $32.03.

Bath & Body Works (NYSE:BBWI) has a market capitalization of $7.28 billion and generates $7.56 billion in revenue each year. The company earns $800 million in net income (profit) each year or $3.07 on an earnings per share basis.

The company employs 57,200 workers across the globe.

Bath & Body Works' mailing address is PO Box 16000, Columbus, Ohio 43216-6000. The official website for the company is www.lb.com. The company can be reached via phone at (614) 415-7000, via email at investorrelations@lb.com, or via fax at 614-415-7080.