NYSE:DBI

Designer Brands (DBI) Stock Price, News & Analysis

$9.53
+0.12 (+1.28%)
(As of 05/3/2024 ET)
Today's Range
$9.48
$9.87
50-Day Range
$8.29
$11.53
52-Week Range
$6.14
$13.44
Volume
1.19 million shs
Average Volume
1.33 million shs
Market Capitalization
$545.50 million
P/E Ratio
25.08
Dividend Yield
2.10%
Price Target
$9.00

Designer Brands MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.6% Downside
$9.00 Price Target
Short Interest
Bearish
27.16% 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.

3.80 out of 5 stars

Retail/Wholesale Sector

525th out of 1,196 stocks

Shoe Stores Industry

7th out of 30 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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Why Designer Brands Are Going Basic
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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
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
5/04/2024
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
-5.6%
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
$1.98 per share
Book Value
$6.28 per share

Miscellaneous

Free Float
33,354,000
Market Cap
$545.50 million
Optionable
Optionable
Beta
2.09
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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 analysts have issued "buy," "hold," and "sell" ratings for Designer Brands in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street 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 analysts have issued 12 month target prices for Designer Brands' stock. Their DBI share price targets range from $8.00 to $10.00. On average, they expect the company's share price to reach $9.00 in the next twelve months. This suggests that the stock has a possible downside of 5.6%.
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 beginning of the year. Since then, DBI shares have increased by 7.7% and is now trading at $9.53.
View the best growth stocks for 2024 here
.

Are investors shorting Designer Brands?

Designer Brands saw a increase in short interest in 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 volume of 1,360,000 shares, the days-to-cover ratio is currently 8.0 days. Approximately 26.3% of the shares of the company 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) announced its earnings results on Thursday, March, 21st. The company reported ($0.44) earnings per share for the quarter, beating the consensus estimate of ($0.49) by $0.05. The firm had revenue of $754.30 million for 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 prior year, the company posted $0.07 EPS.

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

Designer Brands announced a quarterly dividend on Thursday, March 14th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.05 per share on Friday, April 12th. This represents a $0.20 annualized dividend and a dividend yield of 2.10%. The ex-dividend date 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 2.15%. 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?
What guidance has Designer Brands issued on next quarter's earnings?

Designer Brands issued an update on its FY25 earnings guidance on Thursday, March, 21st. The company provided earnings per share guidance of $0.70-0.80 for the period, compared to the consensus EPS 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 many different retail and institutional investors. Top institutional shareholders include Yarger Wealth Strategies LLC (0.82%), Capstone Investment Advisors LLC (0.40%), Principal Financial Group Inc. (0.39%), BNP Paribas Financial Markets (0.26%), New York State Teachers Retirement System (0.12%) and Los Angeles Capital Management LLC (0.10%). 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 5/4/2024 by MarketBeat.com Staff

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