NYSE:DBIDesigner Brands Stock Price, Forecast & News

Designer Brands' stock was trading at $11.10 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DBI shares have decreased by 39.5% and is now trading at $6.72. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Designer Brands in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Designer Brands.

Designer Brands is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Designer Brands.

Designer Brands Inc (NYSE:DBI) issued its earnings results on Thursday, June, 18th. The company reported ($1.83) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.60) by $1.23. The firm had revenue of $482.80 million for the quarter, compared to analyst estimates of $481.16 million. Designer Brands had a negative return on equity of 7.59% and a negative net margin of 4.91%. The business's quarterly revenue was down 44.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.43 earnings per share. View Designer Brands' earnings history.

Designer Brands declared a quarterly dividend on Wednesday, March 18th. Shareholders of record on Monday, March 30th will be paid a dividend of $0.10 per share on Friday, April 10th. This represents a $0.40 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date is Friday, March 27th. View Designer Brands' dividend history.

9 brokers have issued 1-year price targets for Designer Brands' shares. Their forecasts range from $4.00 to $22.00. On average, they anticipate Designer Brands' share price to reach $8.57 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price. View analysts' price targets for Designer Brands.

Media stories about DBI stock have been trending negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Designer Brands earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next few days. View the latest news about Designer Brands.

Some companies that are related to Designer Brands include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Zumiez (ZUMZ), Abercrombie & Fitch (ANF), Guess? (GES), Childrens Place (PLCE), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Citi Trends (CTRN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Designer Brands investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Precision Drilling (PD), Och-Ziff Capital Management Group (OZM) and Gran Tierra Energy (GTE).

Designer Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "DBI."

Shares of DBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of DBI stock can currently be purchased for approximately $6.72.

Designer Brands has a market capitalization of $484.58 million and generates $3.49 billion in revenue each year. The company earns $94.50 million in net income (profit) each year or $1.53 on an earnings per share basis. Designer Brands employs 15,800 workers across the globe.

The official website for Designer Brands is www.designerbrands.com.

Designer Brands' mailing address is 810 DSW DRIVE, COLUMBUS OH, 43219. The company can be reached via phone at 614-237-7100 or via email at [email protected]