Guess? (GES) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Guess? in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GES shares.
View GES analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued twelve-month price targets for Guess?'s stock. Their GES share price forecasts range from $22.00 to $31.00. On average, they expect the company's share price to reach $25.33 in the next twelve months. This suggests a possible upside of 19.5% from the stock's current price.
View analysts price targets for GES or view top-rated stocks among Wall Street analysts.

Guess?'s stock was trading at $20.69 at the beginning of the year. Since then, GES shares have increased by 2.5% and is now trading at $21.20.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 28th 2023.
View our GES earnings forecast.

Guess?, Inc. (NYSE:GES) announced its quarterly earnings results on Wednesday, August, 23rd. The company reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.32. The business earned $664.51 million during the quarter, compared to analysts' expectations of $640.50 million. Guess? had a trailing twelve-month return on equity of 31.02% and a net margin of 5.40%. The business's revenue for the quarter was up 3.4% on a year-over-year basis. During the same period last year, the business earned $0.39 earnings per share.

Guess? announced a quarterly dividend on Wednesday, August 23rd. Shareholders of record on Wednesday, September 6th will be paid a dividend of $0.30 per share on Friday, September 22nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.66%. The ex-dividend date is Tuesday, September 5th.
Read our dividend analysis for GES.

ETFs with the largest weight of Guess? (NYSE:GES) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV).Small Cap US Equity Select ETF (RNSC).

Guess? (NYSE:GES) pays an annual dividend of $1.20 per share and currently has a dividend yield of 5.57%. GES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 56.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GES will have a dividend payout ratio of 37.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GES.

Guess? declared that its Board of Directors has approved a share buyback plan on Monday, March 21st 2022, which allows the company to repurchase $175,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 12.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Guess? issued an update on its third quarter 2024 earnings guidance on Wednesday, August, 23rd. The company provided earnings per share (EPS) guidance of $0.55-$0.64 for the period, compared to the consensus EPS estimate of $0.71. The company issued revenue guidance of $649.24 million-$661.27 million, compared to the consensus revenue estimate of $661.38 million.

82 employees have rated Guess? Chief Executive Officer Carlos Alberini on Glassdoor.com. Carlos Alberini has an approval rating of 69% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Guess? investors own include Coty (COTY), CVS Health (CVS), Energy Transfer (ET), AT&T (T), Ford Motor (F), Intel (INTC), Carnival Co. & (CCL), Micron Technology (MU), American Airlines Group (AAL) and Invesco Mortgage Capital (IVR).

Guess? trades on the New York Stock Exchange (NYSE) under the ticker symbol "GES."

Guess?'s stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.38%), Dimensional Fund Advisors LP (6.42%), State Street Corp (2.80%), Marshall Wace LLP (2.69%), Charles Schwab Investment Management Inc. (1.91%) and Barclays PLC (1.50%). Insiders that own company stock include Anthony Chidoni, Deborah Weinswig, Gianluca Bolla, Kathryn Low Anderson and Paul Marciano.
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Shares of GES 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 GES stock can currently be purchased for approximately $21.20.

Guess? (NYSE:GES) has a market capitalization of $1.14 billion and generates $2.69 billion in revenue each year. The company earns $149.61 million in net income (profit) each year or $2.13 on an earnings per share basis.

The company employs 12,500 workers across the globe.

Guess?'s mailing address is 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA, 90021. The official website for the company is www.guess.com. The company can be reached via phone at (213) 765-3100, via email at ir@guess.com, or via fax at 302-636-5454.