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) issued its quarterly 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 business earned $482.80 million during the quarter, compared to analyst estimates of $481.16 million. Designer Brands had a negative net margin of 4.91% and a negative return on equity of 7.59%. The firm's quarterly revenue was down 44.7% compared to the same quarter last year. During the same quarter in the prior year, the business 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 6.72%. The ex-dividend date is Friday, March 27th. View Designer Brands' dividend history.

9 equities research analysts have issued 12-month price objectives for Designer Brands' shares. Their forecasts range from $4.00 to $22.00. On average, they expect 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 been trending somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Designer Brands earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. 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 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 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 bought 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 $429.05 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]