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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:HBI

Hanesbrands Stock Forecast, Price & News

$10.72
+0.43 (+4.18%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$10.30
$10.85
50-Day Range
$9.74
$14.67
52-Week Range
$9.58
$20.74
Volume
8.54 million shs
Average Volume
5.16 million shs
Market Capitalization
$3.74 billion
P/E Ratio
8.18
Dividend Yield
5.83%
Price Target
$16.89
30 days | 90 days | 365 days | Advanced Chart

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HBI Stock Forecast (MarketRank)

Overall MarketRank

3.13 out of 5 stars

Consumer Discretionary Sector

27th out of 400 stocks

Apparel & Accessory Stores Industry

1st out of 8 stocks

Analyst Opinion: 3.2Community Rank: 4.9Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
Hanesbrands logo

About Hanesbrands (NYSE:HBI)

Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells a range of basic apparel for men, women, and children. The company operates through three segments: Innerwear, Activewear, and International. It sells men's underwear, women's panties, children's underwear, activewear, and socks, as well as intimate apparel, such as bras and shapewears; home goods; and T-shirts, fleece, performance apparel, sport shirts, performance T-shirts and shorts, sports bras, teamwear, and thermals, as well as licensed logo apparel in collegiate bookstores, mass retailers, and other channels. The company licenses its Champion name for footwear and sports accessories. Hanesbrands Inc. provides its products primarily under the Hanes, Champion, Maidenform, JMS/Just My Size, Bali, Polo Ralph Lauren, Playtex, DKNY, Alternative, Gear for Sports, Comfortwash, Hanes Beefy-T, Bonds, DIM, Sheridan, Bras N Things, Lovable, Wonderbra, Berlei, Abanderado, Shock Absorber, Zorba, Explorer, Sol y Oro, Maidenform, Rinbros, and Bellinda brand names. The company markets its products through retailers, wholesalers, and third-party embellishers. As of January 2, 2022, it operated 216 retail and direct outlet stores in the United States and the Commonwealth of Puerto Rico, as well as 626 retail and outlet stores internationally. The company also sells its products in Europe, Australia, Asia, Latin America, Canada, the Middle East, Africa, Mexico, and Brazil. Hanesbrands Inc. was founded in 1901 and is headquartered in Winston-Salem, North Carolina.

HBI Stock News Headlines

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Industry, Sector and Symbol

Industry
Apparel & accessory stores
Sub-Industry
Apparel Accessories & Luxury Goods
CUSIP
41034510
Fax
N/A
Employees
59,000
Year Founded
N/A

Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 5/31 Dividend
5/09/2022
Dividend Payable
5/31/2022
Today
6/25/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$16.89
High Stock Price Forecast
$24.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+57.5%
Consensus Rating
Hold
Rating Score (0-4)
2.42857142857143
Research Coverage
7 Analysts

Profitability

Net Income
$77.22 million
Pretax Margin
8.38%

Debt

Sales & Book Value

Annual Sales
$6.80 billion
Cash Flow
$2.30 per share
Book Value
$2.01 per share

Miscellaneous

Free Float
347,765,000
Market Cap
$3.74 billion
Optionable
Optionable
Beta
1.47














Hanesbrands Frequently Asked Questions

Should I buy or sell Hanesbrands stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanesbrands in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Hanesbrands stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HBI, but not buy additional shares or sell existing shares.
View analyst ratings for Hanesbrands
or view top-rated stocks.

What is Hanesbrands' stock price forecast for 2022?

7 analysts have issued 12-month target prices for Hanesbrands' stock. Their HBI stock forecasts range from $11.00 to $24.00. On average, they anticipate Hanesbrands' share price to reach $16.89 in the next twelve months. This suggests a possible upside of 57.5% from the stock's current price.
View analysts' price targets for Hanesbrands
or view top-rated stocks among Wall Street analysts.

How has Hanesbrands' stock performed in 2022?

Hanesbrands' stock was trading at $16.72 on January 1st, 2022. Since then, HBI stock has decreased by 35.9% and is now trading at $10.72.
View the best growth stocks for 2022 here
.

When is Hanesbrands' next earnings date?

Hanesbrands is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Hanesbrands
.

How were Hanesbrands' earnings last quarter?

Hanesbrands Inc. (NYSE:HBI) posted its quarterly earnings data on Thursday, May, 5th. The textile maker reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.06. The textile maker had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.54 billion. Hanesbrands had a trailing twelve-month return on equity of 93.47% and a net margin of 6.68%. The firm's quarterly revenue was up 4.5% on a year-over-year basis. During the same period last year, the company earned $0.39 earnings per share.
View Hanesbrands' earnings history
.

How often does Hanesbrands pay dividends? What is the dividend yield for Hanesbrands?

Hanesbrands declared a quarterly dividend on Tuesday, April 26th. Investors of record on Tuesday, May 10th will be paid a dividend of $0.15 per share on Tuesday, May 31st. This represents a $0.60 dividend on an annualized basis and a yield of 5.60%. The ex-dividend date is Monday, May 9th.
View Hanesbrands' dividend history
.

Is Hanesbrands a good dividend stock?

Hanesbrands(NYSE:HBI) pays an annual dividend of $0.60 per share and currently has a dividend yield of 5.83%. HBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Hanesbrands is 45.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Hanesbrands will have a dividend payout ratio of 33.52% next year. This indicates that Hanesbrands will be able to sustain or increase its dividend.
View Hanesbrands' dividend history.

When did Hanesbrands' stock split? How did Hanesbrands' stock split work?

Shares of Hanesbrands split on the morning of Wednesday, March 4th 2015. The 4-1 split was announced on Wednesday, January 28th 2015. The newly created shares were distributed to shareholders after the market closes on Tuesday, March 3rd 2015. An investor that had 100 shares of Hanesbrands stock prior to the split would have 400 shares after the split.

How will Hanesbrands' stock buyback program work?

Hanesbrands announced that its board has approved a stock buyback plan on Thursday, February 3rd 2022, which allows the company to repurchase $600,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 10.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

What guidance has Hanesbrands issued on next quarter's earnings?

Hanesbrands issued an update on its second quarter 2022 earnings guidance on Monday, May, 23rd. The company provided earnings per share (EPS) guidance of $0.32-$0.36 for the period, compared to the consensus estimate of $0.42. The company issued revenue guidance of $1.68 billion-$1.73 billion, compared to the consensus revenue estimate of $1.79 billion.

Who are Hanesbrands' key executives?

Hanesbrands' management team includes the following people:

What is Gerald Evans Jr's approval rating as Hanesbrands' CEO?

68 employees have rated Hanesbrands CEO Gerald Evans Jr on Glassdoor.com. Gerald Evans Jr has an approval rating of 82% among Hanesbrands' employees.

What other stocks do shareholders of Hanesbrands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hanesbrands investors own include AT&T (T), Intel (INTC), Pfizer (PFE), Bank of America (BAC), Ford Motor (F), General Electric (GE), CVS Health (CVS), Exxon Mobil (XOM), Walt Disney (DIS) and Cisco Systems (CSCO).

What is Hanesbrands' stock symbol?

Hanesbrands trades on the New York Stock Exchange (NYSE) under the ticker symbol "HBI."

Who are Hanesbrands' major shareholders?

Hanesbrands' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.78%), Vanguard Group Inc. (9.86%), Diamond Hill Capital Management Inc. (6.89%), Shapiro Capital Management LLC (4.40%), Cooke & Bieler LP (3.75%) and Lyrical Asset Management LP (3.41%). Company insiders that own Hanesbrands stock include Ann Elizabeth Ziegler, Cheryl K Beebe, Franck J Moison, Gerald Evans, Joia M Johnson, Joseph W Cavaliere, Michael E Faircloth, Michael E Faircloth, Ronald L Nelson, Stephen B Bratspies and W Howard Upchurch Jr.
View institutional ownership trends for Hanesbrands
.

Which institutional investors are selling Hanesbrands stock?

HBI stock was sold by a variety of institutional investors in the last quarter, including Apriem Advisors, Commerce Bank, American Century Companies Inc., South Dakota Investment Council, Advisors Asset Management Inc., The Manufacturers Life Insurance Company , Bridgewater Associates LP, and Envestnet Asset Management Inc.. Company insiders that have sold Hanesbrands company stock in the last two years include Ann Elizabeth Ziegler, Franck J Moison, Joia M Johnson, Michael E Faircloth, and W Howard Upchurch Jr.
View insider buying and selling activity for Hanesbrands
or view top insider-selling stocks.

Which institutional investors are buying Hanesbrands stock?

HBI stock was acquired by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., Diamond Hill Capital Management Inc., Cooke & Bieler LP, Goldman Sachs Group Inc., Shapiro Capital Management LLC, Loews Corp, BlackRock Inc., and Renaissance Technologies LLC. Company insiders that have bought Hanesbrands stock in the last two years include Cheryl K Beebe, Joseph W Cavaliere, Ronald L Nelson, and Stephen B Bratspies.
View insider buying and selling activity for Hanesbrands
or or view top insider-buying stocks.

How do I buy shares of Hanesbrands?

Shares of HBI 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.
Compare Top Brokerages Here.

What is Hanesbrands' stock price today?

One share of HBI stock can currently be purchased for approximately $10.72.

How much money does Hanesbrands make?

Hanesbrands (NYSE:HBI) has a market capitalization of $3.74 billion and generates $6.80 billion in revenue each year. The textile maker earns $77.22 million in net income (profit) each year or $1.309990 on an earnings per share basis.

How many employees does Hanesbrands have?

Hanesbrands employs 59,000 workers across the globe.

How can I contact Hanesbrands?

Hanesbrands' mailing address is 1000 EAST HANES MILL ROAD, WINSTON-SALEM NC, 27105. The official website for Hanesbrands is www.hanes.com. The textile maker can be reached via phone at (336) 519-8080 or via email at [email protected].

This page (NYSE:HBI) was last updated on 6/25/2022 by MarketBeat.com Staff

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