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

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bath & Body Works in the last year. There are currently 1 sell rating, 9 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BBWI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BBWI, but not buy additional shares or sell existing shares.
View BBWI analyst ratings or view top-rated stocks.

20 analysts have issued 12 month price targets for Bath & Body Works' shares. Their BBWI share price forecasts range from $37.00 to $61.00. On average, they anticipate the company's share price to reach $46.45 in the next year. This suggests a possible upside of 23.2% 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 2023. Since then, BBWI shares have decreased by 10.5% and is now trading at $37.71.
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Bath & Body Works saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 8,690,000 shares, a decrease of 10.0% from the April 30th total of 9,660,000 shares. Based on an average daily volume of 3,700,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 3.8% of the shares of the company are sold short.
View Bath & Body Works' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 16th 2023.
View our BBWI earnings forecast.

Bath & Body Works, Inc. (NYSE:BBWI) posted its earnings results on Thursday, May, 18th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.26 by $0.07. The business had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.39 billion. Bath & Body Works had a negative trailing twelve-month return on equity of 29.65% and a net margin of 9.67%. The business's revenue was down 3.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.64 earnings per share.

Bath & Body Works declared a quarterly dividend on Monday, May 15th. Investors of record on Friday, June 2nd will be paid a dividend of $0.20 per share on Friday, June 16th. This represents a $0.80 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend is Thursday, June 1st.
Read our dividend analysis for BBWI.

ETFs with the largest weight of Bath & Body Works (NYSE:BBWI) stock in their portfolio include WisdomTree U.S. Value Fund (WTV), LeaderShares Activist Leaders ETF (ACTV), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), Argent Mid Cap ETF (AMID), AAM S&P 500 High Dividend Value ETF (SPDV), Global X Guru Index ETF (GURU), SPDR S&P Retail ETF (XRT) and Distillate Small/Mid Cash Flow ETF (DSMC).

Bath & Body Works (NYSE:BBWI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.21%. The dividend payout ratio is 25.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBWI will have a dividend payout ratio of 21.62% 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 updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of $2.68-$3.08 for the period, compared to the consensus estimate of $2.89. The company issued revenue guidance of -.

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

Bath & Body Works' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.46%), State Street Corp (4.10%), Steadfast Capital Management LP (2.10%), Geode Capital Management LLC (2.07%), Bank of America Corp DE (1.62%) and Price T Rowe Associates Inc. MD (1.61%). 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.
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One share of BBWI stock can currently be purchased for approximately $37.71.

Bath & Body Works (NYSE:BBWI) has a market capitalization of $8.63 billion and generates $7.56 billion in revenue each year. The company earns $800 million in net income (profit) each year or $3.16 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.