Express (EXPR) Stock Forecast, Price & News

Express' stock was trading at $1.02 at the beginning of 2023. Since then, EXPR stock has decreased by 39.2% and is now trading at $0.62.
View the best growth stocks for 2023 here.

Express saw a decline in short interest in May. As of May 15th, there was short interest totaling 7,970,000 shares, a decline of 10.9% from the April 30th total of 8,950,000 shares. Based on an average daily trading volume, of 1,280,000 shares, the short-interest ratio is currently 6.2 days.
View Express' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 30th 2023.
View our EXPR earnings forecast.

Express, Inc. (NYSE:EXPR) announced its quarterly earnings results on Friday, March, 24th. The company reported ($0.63) EPS for the quarter, beating analysts' consensus estimates of ($0.72) by $0.09. The business earned $514.33 million during the quarter, compared to analysts' expectations of $536.68 million. Express had a net margin of 12.93% and a negative trailing twelve-month return on equity of 112.84%. During the same quarter last year, the business posted $0.11 earnings per share.

Express issued an update on its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of -$0.60--$0.50 for the period, compared to the consensus earnings per share estimate of -$0.11. The company issued revenue guidance of $400.00 million-$450.00 million, compared to the consensus revenue estimate of $449.88 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."

Express' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.71%), Geode Capital Management LLC (1.65%), Renaissance Technologies LLC (1.35%), Los Angeles Capital Management LLC (0.43%), Charles Schwab Investment Management Inc. (0.26%) and AQR Capital Management LLC (0.21%). Insiders that own company stock include Matthew C Moellering, Periclis Pericleous and Yehuda Shmidman.
View institutional ownership trends.

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 $0.62.

Express (NYSE:EXPR) has a market capitalization of $45.73 million and generates $1.86 billion in revenue each year. The company earns $293.83 million in net income (profit) each year or $3.43 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.