Estée Lauder Companies - EL Stock Forecast, Price & News

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Estée Lauder Companies in the last year. There are currently 1 sell rating, 5 hold ratings, 19 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EL shares.
View EL analyst ratings or view top-rated stocks.

26 analysts have issued twelve-month price targets for Estée Lauder Companies' stock. Their EL share price forecasts range from $210.00 to $320.00. On average, they expect the company's stock price to reach $280.04 in the next year. This suggests a possible upside of 13.6% from the stock's current price.
View analysts price targets for EL or view top-rated stocks among Wall Street analysts.

Estée Lauder Companies' stock was trading at $248.11 on January 1st, 2023. Since then, EL shares have decreased by 0.7% and is now trading at $246.46.
View the best growth stocks for 2023 here.

Estée Lauder Companies saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,540,000 shares, an increase of 12.9% from the February 28th total of 2,250,000 shares. Based on an average daily volume of 1,420,000 shares, the short-interest ratio is presently 1.8 days. Approximately 1.1% of the shares of the stock are short sold.
View Estée Lauder Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our EL earnings forecast.

The Estée Lauder Companies Inc. (NYSE:EL) posted its quarterly earnings results on Thursday, February, 2nd. The company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.29 by $0.25. The business had revenue of $4.62 billion for the quarter, compared to the consensus estimate of $4.58 billion. Estée Lauder Companies had a net margin of 9.13% and a trailing twelve-month return on equity of 32.65%. The firm's quarterly revenue was down 16.6% compared to the same quarter last year. During the same period last year, the business earned $3.01 earnings per share.
Read the conference call transcript.

Estée Lauder Companies declared a quarterly dividend on Thursday, February 2nd. Stockholders of record on Tuesday, February 28th will be given a dividend of $0.66 per share on Wednesday, March 15th. This represents a $2.64 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Monday, February 27th.
Read our dividend analysis for EL.

ETFs with the largest weight of Estée Lauder Companies (NYSE:EL) stock in their portfolio include ALPS Global Travel Beneficiaries ETF (JRNY), Changebridge Select Equity ETF (CBSE), Changebridge Long/Short Equity ETF (CBLS), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), Logan Capital Broad Innovative Growth ETF (LCLG), Consumer Staples Select Sector SPDR Fund (XLP), Invesco DWA Consumer Staples Momentum ETF (PSL) and Vanguard Consumer Staples ETF (VDC).

Estée Lauder Companies (NYSE:EL) pays an annual dividend of $2.64 per share and currently has a dividend yield of 1.10%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 64.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EL will have a dividend payout ratio of 36.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EL.

Estée Lauder Companies issued an update on its third quarter 2023 earnings guidance on Thursday, February, 2nd. The company provided EPS guidance of $0.40-$0.52 for the period, compared to the consensus EPS estimate of $1.77. The company issued revenue guidance of $3.65 billion-$3.74 billion, compared to the consensus revenue estimate of $4.18 billion.

819 employees have rated Estée Lauder Companies Chief Executive Officer Fabrizio Freda on Glassdoor.com. Fabrizio Freda has an approval rating of 93% among the company's employees. This puts Fabrizio Freda in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Estée Lauder Companies investors own include NVIDIA (NVDA), Walt Disney (DIS), NIKE (NKE), Mastercard (MA), Visa (V), AT&T (T), Boeing (BA), Salesforce (CRM), Intel (INTC) and Starbucks (SBUX).

Estée Lauder Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "EL."

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

One share of EL stock can currently be purchased for approximately $246.46.

Estée Lauder Companies (NYSE:EL) has a market capitalization of $88.04 billion and generates $17.74 billion in revenue each year. The company earns $2.39 billion in net income (profit) each year or $4.11 on an earnings per share basis.

The company employs 63,000 workers across the globe.

Estée Lauder Companies' mailing address is 767 FIFTH AVE, NEW YORK NY, 10153. The official website for the company is www.elcompanies.com. The company can be reached via phone at (212) 572-4200, via email at irdept@estee.com, or via fax at 212-893-7782.