NYSE:DBI

Designer Brands (DBI) Stock Price, News & Analysis

$9.45
-0.24 (-2.48%)
(As of 04/24/2024 ET)
Today's Range
$9.40
$9.73
50-Day Range
$8.29
$11.53
52-Week Range
$6.14
$13.44
Volume
1.16 million shs
Average Volume
1.36 million shs
Market Capitalization
$540.92 million
P/E Ratio
24.87
Dividend Yield
2.12%
Price Target
$9.00

Designer Brands MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
4.8% Downside
$9.00 Price Target
Short Interest
Bearish
26.29% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.92
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$399,045 Sold Last Quarter
Proj. Earnings Growth
26.32%
From $0.76 to $0.96 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.31 out of 5 stars

Retail/Wholesale Sector

87th out of 199 stocks

Shoe Stores Industry

2nd out of 5 stocks

DBI stock logo

About Designer Brands Stock (NYSE:DBI)

Designer Brands Inc., together with its subsidiaries, engages in the design, production, and retailing of footwear and accessories for women, men, and kids primarily in the United States and Canada. The company operates through three segments: U.S. Retail, Canada Retail, and Brand Portfolio. It provides dress, casual, and athletic footwear and accessories, as well as handbags. The company offers its products under the Vince Camuto, Keds, Hush Puppies, Topo, Lucky Brand, Jessica Simpson, Le Tigre, and other brands. It offers its products through its direct-to-consumer stores; DSW mobile app; e-commerce sites, such as vincecamuto.com and topoathletic.com, as well as dsw.com, dsw.ca, and theshoecompany.ca websites; and a portfolio of banners, including DSW Designer Shoe Warehouse and The Shoe Company. The company was founded in 1991 and is based in Columbus, Ohio.

DBI Stock Price History

DBI Stock News Headlines

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Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Why Designer Brands Are Going Basic
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Why Designer Brands (DBI) Stock Is Nosediving
Designer Brands sinks as guidance disappoints
Designer Brands (NYSE:DBI) Will Pay A Dividend Of $0.05
Designer Brands's Earnings: A Preview
Which fellow designers inspire you?
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Ex-Dividend for 4/12 Dividend
3/28/2024
Dividend Payable
4/12/2024
Today
4/24/2024
Next Earnings (Estimated)
6/13/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Shoe stores
Sub-Industry
Apparel Retail
CUSIP
23334L10
Employees
14,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$10.00
Low Stock Price Target
$8.00
Potential Upside/Downside
-5.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$29.06 million
Pretax Margin
1.31%

Debt

Sales & Book Value

Annual Sales
$3.07 billion
Cash Flow
$2.06 per share
Book Value
$6.28 per share

Miscellaneous

Free Float
33,354,000
Market Cap
$547.21 million
Optionable
Optionable
Beta
2.06
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Key Executives


DBI Stock Analysis - Frequently Asked Questions

Should I buy or sell Designer Brands stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Designer Brands in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DBI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DBI, but not buy additional shares or sell existing shares.
View DBI analyst ratings
or view top-rated stocks.

What is Designer Brands' stock price target for 2024?

3 Wall Street analysts have issued 1 year price targets for Designer Brands' stock. Their DBI share price targets range from $8.00 to $10.00. On average, they anticipate the company's share price to reach $9.00 in the next twelve months. This suggests that the stock has a possible downside of 4.8%.
View analysts price targets for DBI
or view top-rated stocks among Wall Street analysts.

How have DBI shares performed in 2024?

Designer Brands' stock was trading at $8.85 at the start of the year. Since then, DBI shares have increased by 6.8% and is now trading at $9.45.
View the best growth stocks for 2024 here
.

Are investors shorting Designer Brands?

Designer Brands saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 10,920,000 shares, an increase of 9.0% from the March 15th total of 10,020,000 shares. Based on an average daily trading volume, of 1,360,000 shares, the days-to-cover ratio is currently 8.0 days. Approximately 26.3% of the company's stock are sold short.
View Designer Brands' Short Interest
.

When is Designer Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024.
View our DBI earnings forecast
.

How were Designer Brands' earnings last quarter?

Designer Brands Inc. (NYSE:DBI) posted its quarterly earnings data on Thursday, March, 21st. The company reported ($0.44) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.49) by $0.05. The business earned $754.30 million during the quarter, compared to the consensus estimate of $745.37 million. Designer Brands had a trailing twelve-month return on equity of 10.49% and a net margin of 0.95%. Designer Brands's revenue for the quarter was down .8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.07 earnings per share.

How often does Designer Brands pay dividends? What is the dividend yield for Designer Brands?

Designer Brands declared a quarterly dividend on Thursday, March 14th. Stockholders of record on Friday, March 29th will be given a dividend of $0.05 per share on Friday, April 12th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend is Thursday, March 28th.
Read our dividend analysis for DBI
.

Is Designer Brands a good dividend stock?

Designer Brands (NYSE:DBI) pays an annual dividend of $0.20 per share and currently has a dividend yield of 2.28%. The dividend payout ratio is 52.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DBI will have a dividend payout ratio of 20.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DBI.

What ETFs hold Designer Brands' stock?

ETFs with the largest weight of Designer Brands (NYSE:DBI) stock in their portfolio include Pacer US Small Cap Cash Cows 100 ETF (CALF) and Invesco S&P SmallCap 600 Pure Value ETF (RZV).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

What guidance has Designer Brands issued on next quarter's earnings?

Designer Brands updated its FY25 earnings guidance on Thursday, March, 21st. The company provided EPS guidance of $0.70-0.80 for the period, compared to the consensus estimate of $0.85.

What other stocks do shareholders of Designer Brands own?
Who are Designer Brands' major shareholders?

Designer Brands' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.10%) and GAMMA Investing LLC (0.01%). Insiders that own company stock include Deborah L Ferree, Harvey L Sonnenberg, James S Weinberg, Jared A Poff, Jay L Schottenstein, Joanna T Lau, Mark Haley, Mary Turner and William L Jordan.
View institutional ownership trends
.

How do I buy shares of Designer Brands?

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

This page (NYSE:DBI) was last updated on 4/24/2024 by MarketBeat.com Staff

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