NYSE:DBIDesigner Brands Stock Price, Forecast & News

Designer Brands' stock was trading at $11.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DBI stock has decreased by 46.4% and is now trading at $5.95. 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) announced its quarterly earnings data on Thursday, June, 18th. The company reported ($1.83) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.60) by $1.23. The firm earned $482.80 million during the quarter, compared to the consensus estimate of $481.16 million. Designer Brands had a negative return on equity of 7.59% and a negative net margin of 4.91%. Designer Brands's quarterly revenue was down 44.7% on a year-over-year basis. During the same period last year, the company posted $0.43 earnings per share. View Designer Brands' earnings history.

Designer Brands declared a quarterly dividend on Wednesday, March 18th. Investors of record on Monday, March 30th will be given 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 6.72%. The ex-dividend date of this dividend is Friday, March 27th. View Designer Brands' dividend history.

9 equities research analysts have issued twelve-month target prices for Designer Brands' shares. Their forecasts range from $4.00 to $22.00. On average, they anticipate Designer Brands' stock price to reach $8.57 in the next twelve months. This suggests a possible upside of 44.1% from the stock's current price. View analysts' price targets for Designer Brands.

News headlines about DBI stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 -3.2 on InfoTrie's scale. They also assigned media stories 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 term. 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), Guess? (GES), Abercrombie & Fitch (ANF), 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."

Designer Brands' stock is owned by many different retail and institutional investors. Top institutional investors include Everence Capital Management Inc. (0.03%). 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 acquired by a variety of institutional investors in the last quarter, including Everence Capital Management Inc.. 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 $5.95.

Designer Brands has a market capitalization of $429.04 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]