NYSE:DBIDesigner Brands Stock Price, Forecast & News

Designer Brands' stock was trading at $11.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DBI stock has decreased by 44.8% and is now trading at $6.13. 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, June 4th 2020. View our earnings forecast for Designer Brands.

Designer Brands Inc (NYSE:DBI) released its quarterly earnings data on Tuesday, March, 17th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.01. The company had revenue of $829.60 million for the quarter, compared to analyst estimates of $843.88 million. Designer Brands had a return on equity of 15.46% and a net margin of 2.70%. The company's revenue for the quarter was down 1.5% on a year-over-year basis. 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 annualized dividend and a dividend yield of 6.53%. The ex-dividend date of this dividend is Friday, March 27th. View Designer Brands' dividend history.

9 analysts have issued twelve-month price targets for Designer Brands' stock. Their forecasts range from $4.00 to $24.00. On average, they expect Designer Brands' share price to reach $11.71 in the next year. This suggests a possible upside of 91.1% from the stock's current price. View analysts' price targets for Designer Brands.

News coverage about DBI stock has trended very negative this week, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Designer Brands earned a daily sentiment score of -3.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutDesigner Brands.

Designer Brands saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 6,180,000 shares, a drop of 8.8% from the April 30th total of 6,780,000 shares. Based on an average daily trading volume, of 1,990,000 shares, the days-to-cover ratio is currently 3.1 days. Approximately 10.3% of the company's shares are short sold. View Designer Brands' Current Options Chain.

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

Designer Brands' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.22%), Fuller & Thaler Asset Management Inc. (6.84%), Investment Counselors of Maryland LLC (3.66%), State Street Corp (3.46%), Towle & Co. (3.00%) and Aristotle Capital Boston LLC (2.31%). Company insiders that own Designer Brands stock include Carolee Lee, Deborah L Ferree, Harvey L Sonnenberg, Jared A Poff, Jay L Schottenstein, Joanne Zaiac and Roger Rawlins. View institutional ownership trends for Designer Brands.

DBI stock was sold by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, JPMorgan Chase & Co., Fort Washington Investment Advisors Inc. OH, BlackRock Inc., Deutsche Bank AG, Fuller & Thaler Asset Management Inc., Morgan Stanley, and Invenomic Capital Management LP. Company insiders that have sold Designer Brands company stock in the last year include Deborah L Ferree, Harvey L Sonnenberg, and Joanne Zaiac. View insider buying and selling activity for Designer Brands.

DBI stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Investment Counselors of Maryland LLC, Towle & Co., Goodman Financial Corp, State Street Corp, and Canada Pension Plan Investment Board. Company insiders that have bought Designer Brands stock in the last two years include Jared A Poff, Jay L Schottenstein, and Roger Rawlins. View insider buying and selling activity for Designer Brands.

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 $6.13.

Designer Brands has a market capitalization of $441.48 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]