Hanesbrands Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hanesbrands in the last year. There are currently 3 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Hanesbrands stock.
View analyst ratings for Hanesbrands or view top-rated stocks.

Wall Street analysts have given Hanesbrands 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 Hanesbrands wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Hanesbrands saw a decrease in short interest in March. As of March 31st, there was short interest totaling 17,560,000 shares, a decrease of 18.3% from the March 15th total of 21,500,000 shares. Based on an average daily volume of 5,040,000 shares, the days-to-cover ratio is presently 3.5 days. Approximately 5.1% of the company's shares are sold short.
View Hanesbrands' Short Interest.

Hanesbrands is scheduled to release its next quarterly earnings announcement on Tuesday, May 11th 2021.
View our earnings forecast for Hanesbrands.

Hanesbrands will be holding an earnings conference call on Tuesday, May 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.

Hanesbrands Inc. (NYSE:HBI) released its earnings results on Monday, February, 8th. The textile maker reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.09. The textile maker earned $1.80 billion during the quarter, compared to analyst estimates of $1.64 billion. Hanesbrands had a trailing twelve-month return on equity of 52.04% and a net margin of 6.68%. The firm's revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.51 EPS.
View Hanesbrands' earnings history.

Hanesbrands' stock was trading at $10.17 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HBI shares have increased by 120.0% and is now trading at $22.37.
View which stocks have been most impacted by COVID-19.

Hanesbrands declared a quarterly dividend on Tuesday, February 9th. Investors of record on Friday, February 19th will be paid a dividend of $0.15 per share on Tuesday, March 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date of this dividend is Thursday, February 18th.
View Hanesbrands' dividend history.

Hanesbrands pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.74%. Hanesbrands does not yet have a strock track record of dividend growth. The dividend payout ratio of Hanesbrands is 34.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Hanesbrands will have a dividend payout ratio of 38.46% next year. This indicates that Hanesbrands will be able to sustain or increase its dividend.
View Hanesbrands' dividend history.

Shares of Hanesbrands split before market open on Wednesday, March 4th 2015. The 4-1 split was announced on Wednesday, January 28th 2015. The newly issued shares were issued 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.

Hanesbrands issued an update on its first quarter 2021 Pre-Market earnings guidance on Tuesday, February, 9th. The company provided earnings per share guidance of 0.24-0.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.18. The company issued revenue guidance of $1.485-1.515 billion, compared to the consensus revenue estimate of $1.46 billion.

8 brokerages have issued 12-month price targets for Hanesbrands' shares. Their forecasts range from $14.00 to $26.00. On average, they anticipate Hanesbrands' stock price to reach $18.71 in the next twelve months. This suggests that the stock has a possible downside of 16.3%.
View analysts' price targets for Hanesbrands or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Hanesbrands include V.F. (VFC), Tapestry (TPR), Ralph Lauren (RL), PVH (PVH), Columbia Sportswear (COLM), Carter's (CRI), G-III Apparel Group (GIII), Oxford Industries (OXM), Movado Group (MOV), Fossil Group (FOSL), Vera Bradley (VRA), Delta Apparel (DLA), Iconix Brand Group (ICON) and (ZQKSQ) (ZQKSQ).
View all of HBI's competitors.

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), The Walt Disney (DIS) and Cisco Systems (CSCO).

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

Hanesbrands' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.68%), Diamond Hill Capital Management Inc. (5.83%), Parnassus Investments CA (1.67%), LSV Asset Management (1.61%), Check Capital Management Inc. CA (0.65%) and Country Trust Bank (0.40%). Company insiders that own Hanesbrands stock include Ann Elizabeth Ziegler, Franck J Moison, Gerald Evans, Joia M Johnson, Michael E Faircloth, Ronald L Nelson and W Howard Upchurch Jr.
View institutional ownership trends for Hanesbrands.

HBI stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Alps Advisors Inc., Bank of Nova Scotia, Arnhold LLC, Alberta Investment Management Corp, Bruni J V & Co. Co., Check Capital Management Inc. CA, and Lapides Asset Management LLC. Company insiders that have sold Hanesbrands company stock in the last year 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.

HBI stock was purchased by a variety of institutional investors in the last quarter, including Parnassus Investments CA, BlackRock Inc., LSV Asset Management, Envestnet Asset Management Inc., First Citizens Bank & Trust Co., Advisors Asset Management Inc., Associated Banc Corp, and Cozad Asset Management Inc.. Company insiders that have bought Hanesbrands stock in the last two years include Gerald Evans, Joia M Johnson, and Ronald L Nelson.
View insider buying and selling activity for Hanesbrands or or view top insider-buying stocks.

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.

One share of HBI stock can currently be purchased for approximately $22.37.

Hanesbrands has a market capitalization of $7.81 billion and generates $6.97 billion in revenue each year. The textile maker earns $600.72 million in net income (profit) each year or $1.76 on an earnings per share basis.

Hanesbrands employs 56,000 workers across the globe.

The official website for Hanesbrands is www.hanes.com.

Hanesbrands is headquartered at 1000 EAST HANES MILL ROAD, WINSTON-SALEM NC, 27105.

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