Guess' - GES Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Guess' in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GES shares.
View GES analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 12 month target prices for Guess''s shares. Their GES share price forecasts range from $23.00 to $29.00. On average, they predict the company's share price to reach $26.00 in the next year. This suggests a possible upside of 10.9% 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 on January 1st, 2023. Since then, GES stock has increased by 13.3% and is now trading at $23.44.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 15th 2023.
View our GES earnings forecast.

Guess', Inc. (NYSE:GES) announced its quarterly earnings results on Tuesday, November, 22nd. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by $0.11. The business had revenue of $633.40 million for the quarter, compared to analysts' expectations of $614 million. Guess' had a net margin of 4.58% and a trailing twelve-month return on equity of 27.89%. Guess''s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.62 EPS.

Guess' announced a quarterly dividend on Tuesday, November 22nd. Shareholders of record on Wednesday, December 7th will be paid a dividend of $0.225 per share on Friday, December 23rd. This represents a $0.90 annualized dividend and a dividend yield of 3.84%. The ex-dividend date of this dividend is Tuesday, December 6th.
Read our dividend analysis for GES.

Guess' (NYSE:GES) pays an annual dividend of $0.90 per share and currently has a dividend yield of 3.85%. The dividend payout ratio is 48.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GES will have a dividend payout ratio of 26.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GES.

Guess' announced that its Board of Directors has authorized a share repurchase plan on Monday, March 21st 2022, which permits the company to buyback $175,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 12.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its shares are undervalued.

Guess' issued an update on its fourth quarter 2023 earnings guidance on Thursday, December, 22nd. The company provided EPS guidance of $1.32-$1.32 for the period, compared to the consensus estimate of $1.48. The company issued revenue guidance of $771.94 million-$771.94 million, compared to the consensus revenue estimate of $779.00 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 a number of institutional and retail investors. Top institutional investors include Kornitzer Capital Management Inc. KS (0.80%), Foundry Partners LLC (0.38%), New York State Teachers Retirement System (0.13%), SummerHaven Investment Management LLC (0.08%), State of Alaska Department of Revenue (0.04%) and Yousif Capital Management LLC (0.04%). Insiders that own company stock include Anthony Chidoni, Carlos Alberini, 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 $23.44.

Guess' (NYSE:GES) has a market capitalization of $1.28 billion and generates $2.59 billion in revenue each year. The company earns $171.36 million in net income (profit) each year or $1.85 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.