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

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

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

Genesco Inc. (NYSE:GCO) announced its quarterly earnings results on Thursday, December, 6th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.86 by $0.09. The firm had revenue of $713.10 million for the quarter, compared to the consensus estimate of $712.06 million. Genesco had a net margin of 2.31% and a return on equity of 7.21%. The company's quarterly revenue was down .5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.02 EPS. View Genesco's Earnings History.

Genesco is scheduled to release their next quarterly earnings announcement on Thursday, March 21st 2019. View Earnings Estimates for Genesco.

Genesco issued an update on its FY19 earnings guidance on Monday, January, 14th. The company provided earnings per share (EPS) guidance of $3.10-3.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.25.

8 brokerages have issued 1 year price targets for Genesco's stock. Their forecasts range from $32.00 to $52.00. On average, they expect Genesco's share price to reach $41.7143 in the next twelve months. This suggests that the stock has a possible downside of 9.0%. View Analyst Price Targets for Genesco.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesco in the last year. There are currently 7 hold ratings and 1 buy rating 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 this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Genesco earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave news stories about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Some companies that are related to Genesco include Foot Locker (FL), DSW (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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.58%), Dimensional Fund Advisors LP (8.08%), Eagle Asset Management Inc. (4.87%), Canada Pension Plan Investment Board (2.95%), Northern Trust Corp (2.84%) and Prudential Financial Inc. (2.74%). 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, Connor Clark & Lunn Investment Management Ltd. and 1492 Capital Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, WINTON GROUP Ltd, Prudential Financial Inc., MERIAN GLOBAL INVESTORS UK Ltd, BlackRock Inc., LSV Asset Management, Acadian Asset Management LLC and Geode Capital Management LLC. 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 $45.83.

Genesco has a market capitalization of $925.45 million and generates $2.91 billion in revenue each year. The company earns $-111,830,000.00 in net income (profit) each year or $3.14 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]