NYSE:GCO - Genesco Stock Price, News, & Analysis

Genesco trades on the New York Stock Exchange (NYSE) under the ticker symbol "GCO."

Genesco declared that its Board of Directors has initiated a stock repurchase program on Friday, December 14th 2018, which permits the company to buyback $125,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 14.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

Genesco Inc. (NYSE:GCO) posted its quarterly earnings data on Thursday, March, 14th. The company reported $2.18 EPS for the quarter, missing the consensus estimate of $2.30 by $0.12. The business earned $675.50 million during the quarter, compared to analyst estimates of $914.85 million. Genesco had a positive return on equity of 7.52% and a negative net margin of 1.93%. The business's quarterly revenue was down 2.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.15 EPS. View Genesco's Earnings History.

Genesco is scheduled to release their next quarterly earnings announcement on Tuesday, June 4th 2019. View Earnings Estimates for Genesco.

Genesco issued an update on its FY20 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of $3.35-3.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.75. Genesco also updated its FY 2019 guidance to $3.35-3.75 EPS.

6 Wall Street analysts have issued 1 year target prices for Genesco's stock. Their predictions range from $32.00 to $52.00. On average, they anticipate Genesco's stock price to reach $42.60 in the next year. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for Genesco.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesco in the last year. There are currently 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Genesco.

News stories about GCO stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Genesco earned a news impact score of 1.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

Some companies that are related to Genesco include Foot Locker (FL), Designer Brands (DSW), Boot Barn (BOOT), Shoe Carnival (SCVL) and Finish Line (FINL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Genesco investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Intelsat (I), Transocean (RIG), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Bank of America (BAC) and Fossil Group (FOSL).

Genesco's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.58%), Dimensional Fund Advisors LP (8.08%), FMR LLC (5.41%), Eagle Asset Management Inc. (4.87%), Canada Pension Plan Investment Board (2.95%) and Northern Trust Corp (2.84%). Company insiders that own Genesco stock include Kathleen Mason, Kevin Patrick Mcdermott, Marty G Dickens, Mimi Eckel Vaughn, Robert J Dennis and Thurgood Marshall Jr. View Institutional Ownership Trends for Genesco.

GCO stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Bank of America Corp DE, Millennium Management LLC, Mackay Shields LLC, Segall Bryant & Hamill LLC, Bank of New York Mellon Corp, FMR LLC and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have sold Genesco company stock in the last year include Kathleen Mason, Marty G Dickens, Robert J Dennis and Thurgood Marshall Jr. View Insider Buying and Selling for Genesco.

GCO stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Canada Pension Plan Investment Board, WINTON GROUP Ltd, Prudential Financial Inc., American Century Companies Inc., MERIAN GLOBAL INVESTORS UK Ltd, BlackRock Inc. and LSV Asset Management. Company insiders that have bought Genesco stock in the last two years include Kevin Patrick Mcdermott, Mimi Eckel Vaughn and Robert J Dennis. View Insider Buying and Selling for Genesco.

Shares of GCO 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.

One share of GCO stock can currently be purchased for approximately $43.04.

Genesco has a market capitalization of $869.11 million and generates $2.19 billion in revenue each year. The company earns $-51,930,000.00 in net income (profit) each year or $3.28 on an earnings per share basis. Genesco employs 30,500 workers across the globe.

The official website for Genesco is http://www.genesco.com.

Genesco's mailing address is GENESCO PK 1415 MURFREESBORO RD, NASHVILLE TN, 37217. The company can be reached via phone at 615-367-7000 or via email at [email protected]