NYSE:HBIHanesbrands Stock Price, Forecast & News

Hanesbrands' stock was trading at $10.17 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HBI shares have increased by 42.9% and is now trading at $14.53.
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12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanesbrands in the last year. There are currently 1 sell rating, 5 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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Hanesbrands is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
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Hanesbrands Inc. (NYSE:HBI) released its earnings results on Thursday, July, 30th. The textile maker reported $0.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.02) by $0.62. The textile maker had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.17 billion. Hanesbrands had a return on equity of 55.54% and a net margin of 7.88%. The company's revenue was down 1.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.45 earnings per share.
View Hanesbrands' earnings history.

Hanesbrands announced a quarterly dividend on Tuesday, July 28th. Shareholders of record on Tuesday, August 11th will be given a dividend of $0.15 per share on Tuesday, September 1st. This represents a $0.60 dividend on an annualized basis and a yield of 4.13%. The ex-dividend date of this dividend is Monday, August 10th.
View Hanesbrands' dividend history.

Hanesbrands's stock split before market open on Wednesday, March 4th 2015. The 4-1 split was announced on Wednesday, January 28th 2015. The newly created shares were payable 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.

12 equities research analysts have issued 12 month price objectives for Hanesbrands' stock. Their forecasts range from $8.00 to $20.00. On average, they anticipate Hanesbrands' stock price to reach $14.04 in the next twelve months. This suggests that the stock has a possible downside of 3.4%.
View analysts' price targets for Hanesbrands.

Headlines about HBI stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hanesbrands earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news stories about the textile maker a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the near term.
View the latest news about Hanesbrands.

Hanesbrands saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 46,820,000 shares, a drop of 8.5% from the June 15th total of 51,180,000 shares. Based on an average daily trading volume, of 9,100,000 shares, the short-interest ratio is currently 5.1 days. Currently, 13.7% of the shares of the stock are short sold.
View Hanesbrands' Current Options Chain.

Some companies that are related to Hanesbrands include VF (VFC), Ralph Lauren (RL), Columbia Sportswear (COLM), Tapestry (TPR), PVH (PVH), Carter's (CRI), Oxford Industries (OXM), G-III Apparel Group (GIII), Movado Group (MOV), Fossil Group (FOSL), Vera Bradley (VRA), Delta Apparel (DLA), Iconix Brand Group (ICON) and Quiksilver (ZQKSQ).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Hanesbrands investors own include AT&T (T), Intel (INTC), Bank of America (BAC), Pfizer (PFE), Walt Disney (DIS), Verizon Communications (VZ), General Electric (GE), Gilead Sciences (GILD), Ford Motor (F) and CVS Health (CVS).

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

Hanesbrands' stock is owned by many different institutional and retail investors. Top institutional investors include Prudential PLC (2.37%), Morningstar Investment Services LLC (0.61%), Arnhold LLC (0.41%), Country Trust Bank (0.40%), First Trust Advisors LP (0.37%) and Raymond James & Associates (0.24%). Company insiders that own Hanesbrands stock include Barry Hytinen, Gerald Evans, Jessica Tuchman Mathews, Joia M Johnson, 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 SG Americas Securities LLC, Raymond James & Associates, Hartford Investment Management Co., Envestnet Asset Management Inc., Morningstar Investment Services LLC, Raymond James Financial Services Advisors Inc., Optimal Asset Management Inc., and Country Trust Bank.
View insider buying and selling activity for Hanesbrands.

HBI stock was bought by a variety of institutional investors in the last quarter, including Prudential PLC, First Trust Advisors LP, Robeco Institutional Asset Management B.V., Assenagon Asset Management S.A., Lapides Asset Management LLC, Thomasville National Bank, Exane Derivatives, and Transform Wealth LLC. Company insiders that have bought Hanesbrands stock in the last two years include Barry Hytinen, Gerald Evans, Joia M Johnson, and Ronald L Nelson.
View insider buying and selling activity for Hanesbrands.

Shares of HBI 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, Robinhood, Fidelity, and Charles Schwab.

One share of HBI stock can currently be purchased for approximately $14.53.

Hanesbrands has a market capitalization of $5.06 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 63,000 workers across the globe.

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

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]