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 approved a stock buyback program on Friday, December 14th 2018, which allows the company to buyback $125,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 14.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

Genesco Inc. (NYSE:GCO) posted its quarterly earnings results on Thursday, March, 14th. The company reported $2.18 EPS for the quarter, missing the Zacks' consensus estimate of $2.30 by $0.12. The firm earned $675.50 million during the quarter, compared to the consensus estimate of $914.85 million. Genesco had a negative net margin of 1.93% and a positive return on equity of 7.52%. Genesco's revenue was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.15 earnings per share. 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 estimate of $3.75. Genesco also updated its FY 2019 guidance to $3.35-3.75 EPS.

5 brokers have issued 12 month price objectives for Genesco's shares. Their predictions range from $32.00 to $52.00. On average, they expect Genesco's stock price to reach $42.00 in the next twelve months. This suggests that the stock has a possible downside of 5.3%. View Analyst Price Targets for Genesco.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesco in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Genesco.

Media headlines about GCO stock have been trending somewhat positive on Thursday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Genesco earned a news impact score of 1.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

Some companies that are related to Genesco include Designer Brands (DSW), Designer Brands (DBI), 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), Chipotle Mexican Grill (CMG), Intelsat (I), Transocean (RIG), Athabasca Oil (ATH), NIC (EGOV), Fossil Group (FOSL) and Bank of America (BAC).

Genesco's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (1.08%), Valeo Financial Advisors LLC (0.15%), Strs Ohio (0.09%), Alpha Windward LLC (0.06%), BNP Paribas Arbitrage SA (0.04%) and Cahaba Wealth Management Inc. (0.04%). 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 Smith Graham & Co. Investment Advisors LP, Valeo Financial Advisors LLC and Cahaba Wealth Management Inc.. Company insiders that have sold Genesco company stock in the last year include Kathleen Mason, Marty G Dickens and Robert J Dennis. View Insider Buying and Selling for Genesco.

GCO stock was bought by a variety of institutional investors in the last quarter, including Alpha Windward LLC, BNP Paribas Arbitrage SA, Investors Research Corp, Meeder Asset Management Inc. and Strs Ohio. 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 $44.37.

Genesco has a market capitalization of $814.15 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 21,000 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]