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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Average 126% gains – NO losers!?   (Ad)pixel
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
How Much Longer Will It Be Under $1? (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
How Much Longer Will It Be Under $1? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Average 126% gains – NO losers!?   (Ad)pixel
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
How Much Longer Will It Be Under $1? (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
How Much Longer Will It Be Under $1? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Average 126% gains – NO losers!?   (Ad)pixel
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
How Much Longer Will It Be Under $1? (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
How Much Longer Will It Be Under $1? (Ad)pixel
NYSE:HBI

Hanesbrands - HBI Stock Forecast, Price & News

$10.57
-0.10 (-0.94%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$10.51
$10.70
50-Day Range
$9.74
$11.85
52-Week Range
$9.58
$20.74
Volume
9.06 million shs
Average Volume
5.35 million shs
Market Capitalization
$3.69 billion
P/E Ratio
8.81
Dividend Yield
5.62%
Price Target
$14.10

Hanesbrands MarketRank™ Forecast

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
22.1% Upside
$12.91 Price Target
Short Interest
Bearish
10.61% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.07
Upright™ Environmental Score
News Sentiment
-0.09mentions of Hanesbrands in the last 14 days
Based on 30 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
41.88%
From $1.17 to $1.66 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Consumer Discretionary Sector

167th out of 289 stocks

Apparel & Accessory Stores Industry

5th out of 8 stocks

HBI stock logo

About Hanesbrands (NYSE:HBI) Stock

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.

Analyst Ratings Changes

A number of brokerages recently weighed in on HBI. Credit Suisse Group lowered their price target on shares of Hanesbrands from $15.00 to $13.00 and set an "outperform" rating for the company in a report on Friday. Citigroup lowered their target price on shares of Hanesbrands from $14.00 to $11.00 in a report on Thursday, August 4th. UBS Group lowered their target price on shares of Hanesbrands from $14.00 to $12.00 in a report on Friday, July 15th. Wells Fargo & Company reduced their price target on shares of Hanesbrands from $18.00 to $13.00 and set an "overweight" rating on the stock in a research report on Thursday, July 7th. Finally, TheStreet cut shares of Hanesbrands from a "b-" rating to a "c+" rating in a research report on Monday, June 6th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Hanesbrands currently has a consensus rating of "Hold" and a consensus price target of $12.91.

Hanesbrands Stock Performance

Shares of Hanesbrands stock traded down $0.10 during trading on Friday, hitting $10.57. 9,061,774 shares of the stock were exchanged, compared to its average volume of 5,352,177. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 8.81 and a beta of 1.46. The company has a fifty day moving average price of $10.79 and a 200-day moving average price of $13.09. Hanesbrands has a 1-year low of $9.58 and a 1-year high of $20.74. The company has a current ratio of 1.70, a quick ratio of 0.72 and a debt-to-equity ratio of 5.09.

Hanesbrands (NYSE:HBI - Get Rating) last announced its quarterly earnings results on Thursday, August 11th. The textile maker reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.33 by ($0.05). Hanesbrands had a net margin of 6.37% and a return on equity of 79.09%. The company had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.69 billion. During the same quarter last year, the company posted $0.47 EPS. The firm's quarterly revenue was down 13.8% on a year-over-year basis. As a group, equities analysts predict that Hanesbrands will post 1.17 EPS for the current fiscal year.

Hanesbrands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 14th. Investors of record on Wednesday, August 24th will be paid a $0.15 dividend. The ex-dividend date is Tuesday, August 23rd. This represents a $0.60 dividend on an annualized basis and a yield of 5.68%. Hanesbrands's dividend payout ratio (DPR) is currently 50.00%.

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HBI Stock News Headlines

Company News for Aug 12, 2022
Hanesbrands 2Q Profit, Revenue Fall - MarketWatch
Factors Likely to Affect Hanesbrands' (HBI) Q2 Earnings
See More Headlines
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HBI Company Calendar

Ex-Dividend for 5/31 Dividend
5/09/2022
Dividend Payable
5/31/2022
Last Earnings
8/11/2022
Today
8/13/2022
Ex-Dividend for 9/14 Dividend
8/23/2022
Dividend Payable
9/14/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

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

Price Target and Rating

Average Stock Price Forecast
$12.91
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+33.4%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
8 Analysts

Profitability

Net Income
$77.22 million
Pretax Margin
7.75%

Debt

Sales & Book Value

Annual Sales
$6.80 billion
Cash Flow
$2.19 per share
Book Value
$2.04 per share

Miscellaneous

Free Float
347,765,000
Market Cap
$3.69 billion
Optionable
Optionable
Beta
1.46














HBI Stock - Frequently Asked Questions

Should I buy or sell Hanesbrands stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hanesbrands in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HBI shares. 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 HBI analyst ratings
or view top-rated stocks.

What is Hanesbrands' stock price forecast for 2022?

8 brokerages have issued 1-year price targets for Hanesbrands' stock. Their HBI share price forecasts range from $10.00 to $18.00. On average, they expect the company's stock price to reach $12.91 in the next twelve months. This suggests a possible upside of 22.1% from the stock's current price.
View analysts price targets for HBI
or view top-rated stocks among Wall Street analysts.

How have HBI shares performed in 2022?

Hanesbrands' stock was trading at $16.72 at the beginning of the year. Since then, HBI shares have decreased by 36.8% and is now trading at $10.57.
View the best growth stocks for 2022 here
.

When is Hanesbrands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our HBI earnings forecast
.

How were Hanesbrands' earnings last quarter?

Hanesbrands Inc. (NYSE:HBI) issued its quarterly earnings results on Thursday, August, 11th. The textile maker reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.33 by $0.05. The textile maker had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.69 billion. Hanesbrands had a net margin of 6.37% and a trailing twelve-month return on equity of 79.09%. Hanesbrands's revenue was down 13.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.47 EPS.
Read the conference call transcript
.

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

Hanesbrands declared a quarterly dividend on Friday, August 12th. Shareholders of record on Wednesday, August 24th will be paid a dividend of $0.15 per share on Wednesday, September 14th. This represents a $0.60 annualized dividend and a dividend yield of 5.68%. The ex-dividend date is Tuesday, August 23rd.
Read our dividend analysis for HBI
.

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 5.62%. HBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HBI will have a dividend payout ratio of 36.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HBI.

When did Hanesbrands' stock split?

Hanesbrands's stock split on the morning of Wednesday, March 4th 2015. The 4-1 split was announced on Wednesday, January 28th 2015. The newly issued shares were payable to shareholders after the closing bell on Tuesday, March 3rd 2015. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

How will Hanesbrands' stock buyback program work?

Hanesbrands declared that its Board of Directors has initiated a share buyback plan on Thursday, February 3rd 2022, which allows the company to buyback $600,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 10.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its shares are undervalued.

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

Hanesbrands updated its FY22 earnings guidance on Thursday, August, 11th. The company provided EPS guidance of $1.11-$1.23 for the period, compared to the consensus estimate of $1.54. The company issued revenue guidance of $6.45-$6.55 billion, compared to the consensus revenue estimate of $6.87 billion.

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

68 employees have rated Hanesbrands Chief Executive Officer Gerald Evans Jr on Glassdoor.com. Gerald Evans Jr has an approval rating of 82% among the company's 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 number of retail and institutional investors. Top institutional investors include Cooke & Bieler LP (5.82%), Northern Trust Corp (0.94%), RWC Asset Management LLP (0.89%), abrdn plc (0.84%), GW Henssler & Associates Ltd. (0.53%) and Commerce Bank (0.52%). Insiders that own company stock include Ann Elizabeth Ziegler, Cheryl K Beebe, Franck J Moison, 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
.

How do I buy shares of Hanesbrands?

Shares of HBI 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.
Compare Top Brokerages Here.

What is Hanesbrands' stock price today?

One share of HBI stock can currently be purchased for approximately $10.57.

How much money does Hanesbrands make?

Hanesbrands (NYSE:HBI) has a market capitalization of $3.69 billion and generates $6.80 billion in revenue each year. The textile maker earns $77.22 million in net income (profit) each year or $1.20 on an earnings per share basis.

How many employees does Hanesbrands have?

The company 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 the company is www.hanes.com. The textile maker can be reached via phone at (336) 519-8080 or via email at ir@hanes.com.

This page (NYSE:HBI) was last updated on 8/13/2022 by MarketBeat.com Staff

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