About DSW (NYSE:DSW)
DSW Inc. is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment. As of January 28, 2017, the Company operated 501 DSW stores, dsw.com and shoe departments in 288 Stein Mart stores and Steinmart.com, 106 Gordmans stores and Gordmans.com, and one Frugal Fannie's store. DSW separates its merchandise into three primary categories: women's footwear; men's footwear, and accessories and other (which includes kids' footwear). Other primarily includes Ebuys and its investment in Town Shoes. The ABG segment partners with three other retailers to help build and optimize their in-store and online footwear businesses.
Industry, Sector and Symbol
Industry Footwear Retailers
Trailing P/E Ratio14.48
Forward P/E Ratio14.42
Sales & Book Value
Annual Sales$2.71 billion
Price / Sales0.60
Cash Flow$2.63 per share
Price / Cash7.73
Book Value$11.81 per share
Price / Book1.72
Net Income$124.53 million
Return on Equity11.43%
Return on Assets7.54%
Frequently Asked Questions for DSW (NYSE:DSW)
What is DSW's stock symbol?
DSW trades on the New York Stock Exchange (NYSE) under the ticker symbol "DSW."
How often does DSW pay dividends? What is the dividend yield for DSW?
DSW announced a quarterly dividend on Wednesday, November 22nd. Shareholders of record on Friday, December 15th will be paid a dividend of $0.20 per share on Friday, December 29th. This represents a $0.80 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date is Thursday, December 14th. View DSW's Dividend History.
How will DSW's stock buyback program work?
DSW announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, August 23rd 2017, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 33.8% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.
How were DSW's earnings last quarter?
DSW Inc. (NYSE:DSW) released its earnings results on Tuesday, November, 21st. The company reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.53 by $0.08. The firm earned $708.30 million during the quarter, compared to analysts' expectations of $710.24 million. DSW had a return on equity of 11.43% and a net margin of 3.13%. The firm's revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.51 EPS. View DSW's Earnings History.
What guidance has DSW issued on next quarter's earnings?
DSW issued an update on its FY18 earnings guidance on Tuesday, November, 21st. The company provided earnings per share (EPS) guidance of $1.40-1.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.50.
Where is DSW's stock going? Where will DSW's stock price be in 2017?
15 brokers have issued 1-year price targets for DSW's stock. Their predictions range from $17.00 to $23.00. On average, they anticipate DSW's stock price to reach $20.64 in the next twelve months. View Analyst Ratings for DSW.
What are Wall Street analysts saying about DSW stock?
Here are some recent quotes from research analysts about DSW stock:
- 1. According to Zacks Investment Research, "DSW is a specialty branded footwear retailer operating DSW stores and also supplies, under supply arrangements, to related retailers and to other non-related retailers in the United States. " (11/3/2017)
- 2. Mizuho analysts commented, "While we applaud management's ability to control costs and gross margin in a difficult environment, we maintain our Neutral stance and see little upside to FY17 guidance. With traffic as a likely headwind, we recommend investors await a clearer strategy for a return to positive comps in the core DSW business. Given cost cuts are already embedded into guidance, we are cautious of expectations for 2H acceleration especially as the company laps the initial gross margin improvement from the quality of sale initiatives implemented in 2H16. Without meaningful topline growth, it may be hard to justify a premium valuation with the shares at the peer group average ~13x FY18 PE." (3/9/2017)
Who are some of DSW's key competitors?
Some companies that are related to DSW include Groupon (GRPN), Dick's Sporting Goods (DKS), Tempur Sealy International (TPX), Performance Food Group Company (PFGC), Jack In The Box (JACK), Bed Bath & Beyond (BBBY), Canada Goose Holdings (GOOS), Lithia Motors (LAD), BOOHOO COM PLC (BHOOY), American Eagle Outfitters (AEO), Aaron's, (AAN), PriceSmart (PSMT), Big Lots (BIG), Greene King PLC. (GKNGY), Buffalo Wild Wings (BWLD), Builders FirstSource (BLDR), HSN (HSNI) and Arcos Dorados Holdings (ARCO).
Who are DSW's key executives?
DSW's management team includes the folowing people:
- Jay L. Schottenstein, Executive Chairman of the Board (Age 62)
- Roger L. Rawlins, Chief Executive Officer, Director (Age 50)
- Deborah L. Ferree, Vice Chairman, Chief Merchandising Officer (Age 63)
- Jared A. Poff, Chief Financial Officer, Senior Vice President (Age 44)
- Michele Love, Chief Operating Officer - Designer Shoe Warehouse, Executive Vice President
- William L. Jordan, Executive Vice President, Chief Administrative Officer, Chief Legal Officer, Secretary (Age 45)
- Simon R. Nankervis, Executive Vice President , Chief Commercial Officer (Age 50)
- Joseph A. Schottenstein, Director (Age 37)
- Peter Cobb, Independent Director (Age 59)
- Elaine J. Eisenman Ph.D., Independent Director (Age 68)
Who owns DSW stock?
DSW's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.53%), Fuller & Thaler Asset Management Inc. (4.75%), Greenlight Capital Inc. (3.79%), Royce & Associates LP (2.61%), Bank of New York Mellon Corp (1.65%) and Skandinaviska Enskilda Banken AB publ (1.12%). Company insiders that own DSW stock include Deborah L Ferree, Harvey L Sonnenberg, Jay L Schottenstein, Joanna T Lau, Joanne Zaiac, Michael R Macdonald, Roger Rawlins and William L Jordan. View Institutional Ownership Trends for DSW.
Who sold DSW stock? Who is selling DSW stock?
DSW's stock was sold by a variety of institutional investors in the last quarter, including Skandinaviska Enskilda Banken AB publ, Royce & Associates LP, OxFORD Asset Management LLP, Engineers Gate Manager LP, Ameriprise Financial Inc., Bank of New York Mellon Corp, Cubist Systematic Strategies LLC and Investment Counselors of Maryland LLC. Company insiders that have sold DSW company stock in the last year include Deborah L Ferree, Harvey L Sonnenberg, Joanna T Lau, Joanne Zaiac and William L Jordan. View Insider Buying and Selling for DSW.
Who bought DSW stock? Who is buying DSW stock?
DSW's stock was bought by a variety of institutional investors in the last quarter, including Greenlight Capital Inc., ClariVest Asset Management LLC, Nordea Investment Management AB, Fuller & Thaler Asset Management Inc., Canada Pension Plan Investment Board, Mesirow Financial Investment Management Equity Management, Schwab Charles Investment Management Inc. and Monarch Partners Asset Management LLC. Company insiders that have bought DSW stock in the last two years include Jay L Schottenstein and Roger Rawlins. View Insider Buying and Selling for DSW.
How do I buy DSW stock?
Shares of DSW 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, Scottrade, Fidelity and Charles Schwab.
What is DSW's stock price today?
One share of DSW stock can currently be purchased for approximately $20.33.
How big of a company is DSW?
DSW has a market capitalization of $1.57 billion and generates $2.71 billion in revenue each year. The company earns $124.53 million in net income (profit) each year or $1.06 on an earnings per share basis. DSW employs 12,600 workers across the globe.
How can I contact DSW?
DSW's 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]
MarketBeat Community Rating for DSW (DSW)MarketBeat's community ratings are surveys of what our community members think about DSW and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for DSW (NYSE:DSW) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 11 Hold Ratings, 4 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.27)|
|Consensus Price Target: ||$20.64 (1.51% upside)|
Consensus Price Target History for DSW (NYSE:DSW)
Analysts' Ratings History for DSW (NYSE:DSW)
(Data available from 11/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/22/2017||B. Riley||Reiterated Rating||Hold||$20.00||N/A|
|11/20/2017||Buckingham Research||Boost Price Target||Neutral||$18.00 -> $22.00||N/A|
|11/20/2017||Canaccord Genuity||Reiterated Rating||Hold -> Hold||N/A|
|11/16/2017||Susquehanna Bancshares Inc||Upgrade||Neutral -> Positive||$23.00||N/A|
|11/1/2017||Wedbush||Downgrade||Outperform -> Neutral||$23.00 -> $20.00||N/A|
|10/31/2017||Jefferies Group LLC||Set Price Target||Hold||$20.00||N/A|
|10/20/2017||Standpoint Research||Upgrade||Hold -> Buy||N/A|
|8/23/2017||Citigroup Inc.||Boost Price Target||Neutral||$18.00 -> $20.00||Low|
|8/23/2017||Deutsche Bank AG||Reiterated Rating||Buy||$21.00 -> $22.00||Low|
|6/8/2017||Cleveland Research||Upgrade||Underperform -> Neutral||Low|
|5/24/2017||Telsey Advisory Group||Lower Price Target||Market Perform -> Market Perform||$22.00 -> $19.00||High|
|5/23/2017||CL King||Upgrade||Neutral -> Buy||High|
|2/22/2017||MKM Partners||Reiterated Rating||Neutral||$23.00||N/A|
|1/3/2017||SunTrust Banks, Inc.||Downgrade||Buy -> Hold||N/A|
|8/31/2016||Credit Suisse Group||Reiterated Rating||Hold||$23.00||N/A|
|7/11/2016||Wells Fargo & Company||Upgrade||Underperform -> Market Perform||N/A|
|6/8/2016||William Blair||Reiterated Rating||Buy||N/A|
|5/26/2016||BB&T Corporation||Reiterated Rating||Hold||N/A|
|3/29/2016||KeyCorp||Boost Price Target||Overweight||$31.00||N/A|
|3/18/2016||Morgan Stanley||Reiterated Rating||Sell||$19.00||N/A|
|3/16/2016||Johnson Rice||Downgrade||Buy -> Accumulate||N/A|
|3/1/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Neutral -> Sell||$20.00||N/A|
Earnings History and Estimates Chart for DSW (NYSE:DSW)
Earnings History by Quarter for DSW (NYSE DSW)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/21/2017||Q3 2018||$0.53||$0.45||$710.24 million||$708.30 million||View||N/A|
|8/22/2017||Q2 2018||$0.29||$0.38||$666.66 million||$680.40 million||View||N/A|
|5/23/2017||Q1 2018||$0.33||$0.32||$684.34 million||$691.10 million||View||N/A|
|3/14/2017||Q4 2017||$0.16||$0.20||$690.99 million||$674.60 million||View||N/A|
|11/22/2016||Q316||$0.49||$0.51||$710.42 million||$697.00 million||View||N/A|
|8/30/2016||Q216||$0.30||$0.35||$658.95 million||$659.00 million||View||Listen|
|5/24/2016||Q116||$0.46||$0.40||$699.58 million||$681.30 million||View||Listen|
|3/15/2016||Q415||$0.07||$0.14||$641.19 million||$672.00 million||View||Listen|
|11/24/2015||Q315||$0.43||$0.44||$668.51 million||$666.00 million||View||Listen|
|8/25/2015||Q215||$0.42||$0.42||$636.86 million||$627.00 million||View||Listen|
|5/27/2015||Q115||$0.47||$0.51||$652.90 million||$655.00 million||View||Listen|
|3/17/2015||Q414||$0.27||$0.35||$612.01 million||$640.00 million||View||N/A|
|11/25/2014||Q314||$0.52||$0.56||$661.00 million||$670.00 million||View||N/A|
|8/26/2014||Q214||$0.32||$0.37||$563.66 million||$587.00 million||View||N/A|
|5/28/2014||Q114||$0.48||$0.42||$622.40 million||$599.00 million||View||N/A|
|3/18/2014||Q413||$0.29||$0.31||$590.23 million||$572.00 million||View||N/A|
|11/26/2013||Q3||$0.58||$0.58||$647.30 million||$633.00 million||View||Listen|
|8/27/2013||Q2 2013||$0.80||$0.97||$559.69 million||$562.00 million||View||N/A|
|5/29/2013||Q1 2013||$0.90||$1.00||$568.81 million||$601.40 million||View||N/A|
|3/19/2013||Q4 2012||$0.72||$0.69||$602.27 million||$594.30 million||View||N/A|
Earnings Estimates for DSW (NYSE:DSW)
2017 EPS Consensus Estimate: $1.22
2018 EPS Consensus Estimate: $1.43
2019 EPS Consensus Estimate: $1.53
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for DSW (NYSE:DSW)
|Dividend Growth:||28.70% (3 Year Average)|
|Payout Ratio:||75.47% (Trailing 12 Months of Earnings) |
56.74% (Based on This Year's Estimates)
51.95% (Based on Next Year's Estimates)
Dividend History by Quarter for DSW (NYSE DSW)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for DSW (NYSE DSW)
Insider Ownership Percentage: 20.40%
Institutional Ownership Percentage: 86.11%
Insider Trades by Quarter for DSW (NYSE DSW)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/28/2017||William L Jordan||EVP||Sell||10,000||$21.32||$213,200.00|| |
|9/27/2017||Deborah L Ferree||Chairman||Sell||10,073||$21.53||$216,871.69|| |
|9/8/2017||William L Jordan||EVP||Sell||15,100||$19.00||$286,900.00|| |
|9/5/2017||William L Jordan||EVP||Sell||4,600||$19.01||$87,446.00|| |
|8/28/2017||Joanna T Lau||Director||Sell||10,000||$19.26||$192,600.00|| |
|8/28/2017||William L Jordan||EVP||Sell||2,666||$20.03||$53,399.98|| |
|8/25/2017||Deborah L Ferree||Chairman||Sell||75,452||$20.00||$1,509,040.00|| |
|7/5/2017||Joanne Zaiac||Director||Sell||4,219||$17.82||$75,182.58|| |
|6/28/2017||Harvey L Sonnenberg||Director||Sell||8,439||$18.00||$151,902.00|| |
|11/23/2016||Deborah L Ferree||Chairman||Sell||114,854||$24.88||$2,857,567.52|| |
|9/7/2016||William L Jordan||EVP||Sell||42,423||$25.00||$1,060,575.00|| |
|9/1/2016||Harvey L Sonnenberg||Director||Sell||8,000||$23.50||$188,000.00|| |
|5/26/2016||Roger Rawlins||CEO||Buy||12,249||$20.49||$250,982.01|| |
|12/2/2015||Jay L Schottenstein||Major Shareholder||Buy||500,000||$22.87||$11,435,000.00|| |
|11/25/2015||Michael R. Macdonald||CEO||Sell||340,501||$23.45||$7,984,748.45|| |
|9/22/2015||Deborah L Ferree||Chairman||Sell||9,037||$28.37||$256,379.69|| |
|8/27/2015||Mary E Meixelsperger||CFO||Buy||1,750||$29.01||$50,767.50|| |
|8/26/2015||Jay L Schottenstein||Major Shareholder||Buy||500,000||$28.32||$14,160,000.00|| |
|7/7/2015||Carrie S Mcdermott||COO||Sell||8,798||$35.00||$307,930.00|| |
|4/6/2015||Philip B Miller||Director||Sell||2,000||$36.83||$73,660.00|| |
|4/2/2015||Michael R Macdonald||CEO||Sell||25,000||$36.92||$923,000.00|| |
|3/27/2015||Harris Mustafa||EVP||Sell||3,460||$36.12||$124,975.20|| |
|3/23/2015||Harris Mustafa||EVP||Sell||10,968||$38.13||$418,209.84|| |
|3/19/2015||Deborah L Ferree||Chairman||Sell||70,508||$37.79||$2,664,497.32|| |
|1/8/2015||Deborah L Ferree||Chairman||Sell||133,496||$37.01||$4,940,686.96|| |
|9/8/2014||Harvey L Sonnenberg||Director||Sell||7,500||$30.50||$228,750.00|| |
|6/10/2014||Kelly Cook||CMO||Sell||4,860||$27.60||$134,136.00|| |
|6/4/2014||Deborah L Ferree||Chairman||Buy||20,000||$25.72||$514,400.00|| |
|6/4/2014||Mary E Meixelsperger||SVP||Buy||2,000||$25.94||$51,880.00|| |
|6/3/2014||William L Jordan||EVP||Buy||1,000||$25.65||$25,650.00|| |
|6/2/2014||Mary E Meixelsperger||SVP||Buy||2,000||$25.18||$50,360.00|| |
|12/13/2013||Philip Miller||Director||Sell||1,000||$43.12||$43,120.00|| |
|11/29/2013||William Jordan||EVP||Sell||28,249||$45.01||$1,271,487.49|| |
|10/9/2013||Harvey Sonnenberg||Director||Sell||1,000||$84.55||$84,550.00|| |
|10/7/2013||Jay Schottenstein||major shareholder||Sell||18,209||$85.08||$1,549,221.72|| |
|10/3/2013||Jay L Schottenstein||Major Shareholder||Sell||66,791||$85.17||$5,688,589.47|| |
|9/30/2013||Jay L Schottenstein||Major Shareholder||Sell||51,492||$85.26||$4,390,207.92|| |
|9/24/2013||Schottenstein Rvi Llc||major shareholder||Sell||23,784||$85.10||$2,024,018.40|| |
|9/20/2013||Schottenstein Rvi Llc||major shareholder||Sell||67,535||$85.18||$5,752,631.30|| |
|9/11/2013||Schottenstein Rvi Llc||major shareholder||Sell||6,199||$85.11||$527,596.89|| |
|9/10/2013||Joanna T Lau||Director||Sell||1,497||$85.13||$127,439.61|| |
|9/9/2013||Jay L Schottenstein||Major Shareholder||Sell||16,666||$85.37||$1,422,776.42|| |
|8/29/2013||Douglas Probst||CFO||Sell||60,000||$85.82||$5,149,200.00|| |
|8/28/2013||Derek Ungless||CMO||Sell||22,260||$85.47||$1,902,562.20|| |
|7/11/2013||Deborah L Ferree||Chairman||Sell||15,055||$78.93||$1,188,291.15|| |
|7/11/2013||Harvey L Sonnenberg||Director||Sell||1,497||$79.00||$118,263.00|| |
|7/10/2013||Douglas J Probst||CFO||Sell||28,347||$78.26||$2,218,436.22|| |
|7/1/2013||Michael R Macdonald||CEO||Sell||55,000||$74.04||$4,072,200.00|| |
|12/26/2012||Derek Ungless||CMO||Sell||13,082||$63.40||$829,398.80|| |
|12/4/2012||Douglas J Probst||CFO||Sell||60,000||$69.22||$4,153,200.00|| |
|12/3/2012||Deborah L Ferree||Chairman||Sell||60,224||$67.86||$4,086,800.64|| |
Latest Headlines for DSW (NYSE DSW)
DSW (NYSE DSW) Chart for Thursday, November, 23, 2017