Express (EXPR) Stock Forecast, Price & News

Express' stock was trading at $20.40 at the beginning of 2023. Since then, EXPR stock has decreased by 58.3% and is now trading at $8.51.
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Express saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 461,000 shares, an increase of 10.9% from the August 31st total of 415,800 shares. Based on an average daily trading volume, of 64,200 shares, the days-to-cover ratio is presently 7.2 days. Approximately 13.6% of the company's shares are short sold.
View Express' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023.
View our EXPR earnings forecast.

Express, Inc. (NYSE:EXPR) announced its earnings results on Wednesday, September, 6th. The company reported ($9.05) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($11.07) by $2.02. The business earned $435.34 million during the quarter, compared to the consensus estimate of $440.65 million. Express had a net margin of 10.26% and a negative trailing twelve-month return on equity of 106.10%. During the same period in the prior year, the firm earned $0.10 earnings per share.

Express's stock reverse split on Thursday, August 31st 2023. The 1-20 reverse split was announced on Thursday, August 31st 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, August 31st 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Express updated its third quarter 2023 earnings guidance on Wednesday, September, 6th. The company provided EPS guidance of -$7.50--$5.50 for the period, compared to the consensus estimate of -$6.19. The company issued revenue guidance of $460.00 million-$490.00 million, compared to the consensus revenue estimate of $495.72 million.

479 employees have rated Express Chief Executive Officer David G. Kornberg on Glassdoor.com. David G. Kornberg has an approval rating of 57% among the company's employees. This puts David G. Kornberg in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Express 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), NIC (EGOV) and Och-Ziff Capital Management Group (OZM).

Express trades on the New York Stock Exchange (NYSE) under the ticker symbol "EXPR."

Shares of EXPR 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.
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One share of EXPR stock can currently be purchased for approximately $8.51.

Express (NYSE:EXPR) has a market capitalization of $31.91 million and generates $1.86 billion in revenue each year. The company earns $293.83 million in net income (profit) each year or $54.81 on an earnings per share basis.

The company employs 11,000 workers across the globe.

Express' mailing address is 1 EXPRESS DRIVE, COLUMBUS OH, 43230. The official website for the company is www.express.com. The company can be reached via phone at (614) 474-4001, via email at ir@express.com, or via fax at 1-212-884-3221.