Buckle - BKE Stock Forecast, Price & News

Buckle's stock was trading at $45.35 on January 1st, 2023. Since then, BKE stock has decreased by 23.4% and is now trading at $34.74.
View the best growth stocks for 2023 here.

Buckle saw a increase in short interest in February. As of February 28th, there was short interest totaling 2,920,000 shares, an increase of 7.7% from the February 13th total of 2,710,000 shares. Based on an average daily volume of 479,100 shares, the days-to-cover ratio is currently 6.1 days. Currently, 9.8% of the shares of the company are sold short.
View Buckle's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023.
View our BKE earnings forecast.

The Buckle, Inc. (NYSE:BKE) released its quarterly earnings results on Friday, March, 10th. The company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.14. The company had revenue of $401.80 million for the quarter, compared to analysts' expectations of $386.36 million. Buckle had a trailing twelve-month return on equity of 65.52% and a net margin of 18.93%. The firm's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the company earned $1.69 EPS.

Buckle declared a quarterly dividend on Tuesday, March 21st. Stockholders of record on Friday, April 14th will be given a dividend of $0.35 per share on Friday, April 28th. This represents a $1.40 dividend on an annualized basis and a yield of 4.03%. The ex-dividend date is Thursday, April 13th.
Read our dividend analysis for BKE.

ETFs with the largest weight of Buckle (NYSE:BKE) stock in their portfolio include Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Hartford Multifactor Small Cap ETF (ROSC), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY) and Pacer US Small Cap Cash Cows 100 ETF (CALF).

Buckle (NYSE:BKE) pays an annual dividend of $1.40 per share and currently has a dividend yield of 4.03%. BKE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 27.29%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BKE.

Buckle issued an update on its fourth quarter 2022 earnings guidance on Thursday, February, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $401.80 million-$401.80 million, compared to the consensus revenue estimate of $384.01 million.

Buckle same-store sales climbed 1.8% in the month of January. Buckle stock rose by 0% in the first full-day of trading following the news.

639 employees have rated Buckle Chief Executive Officer Dennis H. Nelson on Glassdoor.com. Dennis H. Nelson has an approval rating of 96% among the company's employees. This puts Dennis H. Nelson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Buckle investors own include NVIDIA (NVDA), Starbucks (SBUX), Walgreens Boots Alliance (WBA), CVS Health (CVS), eBay (EBAY), Ford Motor (F), General Electric (GE), Gilead Sciences (GILD), Intel (INTC) and Macy's (M).

Buckle trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKE."

Buckle's stock is owned by many different institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (2.28%), Charles Schwab Investment Management Inc. (1.75%), Renaissance Technologies LLC (1.49%), Morgan Stanley (1.38%), Palisade Capital Management LP (1.24%) and Geode Capital Management LLC (1.19%). Insiders that own company stock include Anna Fraser, Bill L Fairfield, Brett P Milkie, Dennis H Nelson, Dennis H Nelson, Diane L Applegate, Diane L Applegate, John P Peetz, Karen B Rhoads, Kari G Smith, Kelli D Molczyk, Michelle Hoffman, Robert M Carlberg and Thomas B Heacock.
View institutional ownership trends.

Shares of BKE 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 BKE stock can currently be purchased for approximately $34.74.

Buckle (NYSE:BKE) has a market capitalization of $1.74 billion and generates $1.35 billion in revenue each year. The company earns $254.63 million in net income (profit) each year or $5.13 on an earnings per share basis.

The company employs 8,300 workers across the globe.

Buckle's mailing address is 2407 West 24th Street, Kearney NE, 68848. The official website for the company is www.buckle.com. The company can be reached via phone at (308) 236-8491, via email at buckle.investors@buckle.com, or via fax at 308-236-4493.