Chico's FAS (CHS) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chico's FAS in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CHS shares.
View CHS analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1-year price targets for Chico's FAS's stock. Their CHS share price forecasts range from $6.00 to $7.25. On average, they anticipate the company's stock price to reach $6.63 in the next twelve months. This suggests a possible upside of 50.2% from the stock's current price.
View analysts price targets for CHS or view top-rated stocks among Wall Street analysts.

Chico's FAS's stock was trading at $4.92 at the start of the year. Since then, CHS shares have decreased by 10.4% and is now trading at $4.41.
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Chico's FAS saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 13,470,000 shares, an increase of 26.6% from the August 15th total of 10,640,000 shares. Based on an average daily volume of 1,730,000 shares, the days-to-cover ratio is presently 7.8 days. Approximately 11.4% of the company's stock are short sold.
View Chico's FAS's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 28th 2023.
View our CHS earnings forecast.

Chico's FAS, Inc. (NYSE:CHS) announced its earnings results on Tuesday, August, 29th. The specialty retailer reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.01. The specialty retailer had revenue of $545.13 million for the quarter, compared to analyst estimates of $554.90 million. Chico's FAS had a net margin of 6.19% and a trailing twelve-month return on equity of 29.62%. During the same quarter in the prior year, the business earned $0.34 earnings per share.

ETFs with the largest weight of Chico's FAS (NYSE:CHS) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Pacer US Small Cap Cash Cows 100 ETF (CALF) and Invesco S&P SmallCap Value with Momentum ETF (XSVM).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

Chico's FAS (NYSE:CHS) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 33.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHS will have a dividend payout ratio of 49.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHS.

Chico's FAS updated its third quarter 2023 earnings guidance on Tuesday, August, 29th. The company provided earnings per share (EPS) guidance of $0.08-$0.12 for the period, compared to the consensus EPS estimate of $0.11. The company issued revenue guidance of $505.00 million-$525.00 million, compared to the consensus revenue estimate of $524.60 million.

23 employees have rated Chico's FAS Chief Executive Officer Molly Langenstein on Glassdoor.com. Molly Langenstein has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chico's FAS investors own include Annaly Capital Management (NLY), Macy's (M), Energy Transfer (ET), AT&T (T), Ford Motor (F), Chimera Investment (CIM), Enterprise Products Partners (EPD), Coty (COTY), Wells Fargo & Company (WFC) and ARMOUR Residential REIT (ARR).

Chico's FAS trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHS."

Chico's FAS's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (18.44%), Dimensional Fund Advisors LP (4.69%), Global Alpha Capital Management Ltd. (4.58%), State Street Corp (4.37%), Pacer Advisors Inc. (4.30%) and Renaissance Technologies LLC (4.21%).
View institutional ownership trends.

Shares of CHS 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 CHS stock can currently be purchased for approximately $4.41.

Chico's FAS (NYSE:CHS) has a market capitalization of $544.36 million and generates $2.12 billion in revenue each year. The specialty retailer earns $109 million in net income (profit) each year or $1.07 on an earnings per share basis.

The company employs 14,238 workers across the globe.

Chico's FAS's mailing address is 11215 METRO PKWY, FT MYERS FL, 33966. The official website for the company is www.chicosfas.com. The specialty retailer can be reached via phone at (239) 277-6200, via email at cfo@chicos.com, or via fax at 239-277-5237.