Genesco Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Genesco in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Genesco stock.
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Wall Street analysts have given Genesco a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Genesco wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Genesco saw a decrease in short interest in January. As of January 29th, there was short interest totaling 729,400 shares, a decrease of 23.1% from the January 14th total of 949,100 shares. Based on an average trading volume of 279,600 shares, the days-to-cover ratio is presently 2.6 days. Approximately 5.2% of the shares of the company are short sold.
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Genesco is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for Genesco.

Genesco will be holding an earnings conference call on Thursday, March 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Genesco Inc. (NYSE:GCO) released its quarterly earnings data on Thursday, December, 3rd. The company reported $0.85 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.14) by $0.99. The company earned $479.30 million during the quarter, compared to analyst estimates of $457.21 million. Genesco had a negative trailing twelve-month return on equity of 2.50% and a negative net margin of 6.06%. Genesco's revenue for the quarter was down 10.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.33 EPS.
View Genesco's earnings history.

Genesco's stock was trading at $24.11 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GCO shares have increased by 98.0% and is now trading at $47.73.
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Genesco declared that its board has approved a stock buyback program on Friday, May 3rd 2019, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 11.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board believes its shares are undervalued.

4 equities research analysts have issued twelve-month target prices for Genesco's stock. Their forecasts range from $26.00 to $43.00. On average, they anticipate Genesco's stock price to reach $35.50 in the next twelve months. This suggests that the stock has a possible downside of 25.6%.
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8 employees have rated Genesco CEO Mimi Vaughn on Glassdoor.com. Mimi Vaughn has an approval rating of 70% among Genesco's employees.

Some companies that are related to Genesco include The TJX Companies (TJX), Ross Stores (ROST), The Gap (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), The Buckle (BKE), Abercrombie & Fitch (ANF), Guess' (GES), Zumiez (ZUMZ), The Children's Place (PLCE), Designer Brands (DBI), Citi Trends (CTRN), Shoe Carnival (SCVL) and Caleres (CAL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Genesco investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Intelsat (I), Ciena (CIEN), Chipotle Mexican Grill (CMG), Transocean (RIG), Bank of America (BAC), Micron Technology (MU) and Workday (WDAY).

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

Genesco's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.32%), Dimensional Fund Advisors LP (6.55%), SummerHaven Investment Management LLC (4.45%), Northern Trust Corp (3.22%), Charles Schwab Investment Management Inc. (3.04%) and JPMorgan Chase & Co. (2.55%). Company insiders that own Genesco stock include Daniel E Ewoldsen, Kathleen Mason, Mario Gallione 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 Dimensional Fund Advisors LP, Alliancebernstein L.P., Northern Trust Corp, Robeco Institutional Asset Management B.V., Bank of New York Mellon Corp, Wells Fargo & Company MN, Barclays PLC, and Landscape Capital Management L.L.C..
View insider buying and selling activity for Genesco or view top insider-selling stocks.

GCO stock was bought by a variety of institutional investors in the last quarter, including SummerHaven Investment Management LLC, Lombard Odier Asset Management USA Corp, JPMorgan Chase & Co., BlackRock Inc., Dynamic Technology Lab Private Ltd, Renaissance Technologies LLC, ExodusPoint Capital Management LP, and SummerHaven Investment Management LLC.
View insider buying and selling activity for Genesco or or view top insider-buying stocks.

Shares of GCO 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 GCO stock can currently be purchased for approximately $47.73.

Genesco has a market capitalization of $715.57 million and generates $2.20 billion in revenue each year. The company earns $61.38 million in net income (profit) each year or $4.58 on an earnings per share basis.

Genesco employs 5,650 workers across the globe.

The official website for Genesco is www.genesco.com.

Genesco is headquartered at Genesco Park 1415 Murfreesboro Pike, NASHVILLE TN, 37217.

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