Hanesbrands Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanesbrands in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Hanesbrands stock.
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Hanesbrands is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Hanesbrands.

Hanesbrands Inc. (NYSE:HBI) released its earnings results on Thursday, August, 5th. The textile maker reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.08. The textile maker earned $1.75 billion during the quarter, compared to the consensus estimate of $1.58 billion. Hanesbrands had a negative net margin of 5.29% and a positive trailing twelve-month return on equity of 77.49%.
View Hanesbrands' earnings history.

Hanesbrands' stock was trading at $10.17 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HBI shares have increased by 86.8% and is now trading at $19.00.
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Hanesbrands announced a quarterly dividend on Tuesday, July 27th. Shareholders of record on Tuesday, August 10th will be paid a dividend of $0.15 per share on Tuesday, August 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date of this dividend is Monday, August 9th.
View Hanesbrands' dividend history.

Hanesbrands pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.11%. Hanesbrands does not yet have a strong track record of dividend growth. The dividend payout ratio of Hanesbrands is 41.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Hanesbrands will have a dividend payout ratio of 32.43% next year. This indicates that Hanesbrands will be able to sustain or increase its dividend.
View Hanesbrands' dividend history.

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 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 updated its third quarter 2021 earnings guidance on Thursday, September, 2nd. The company provided earnings per share (EPS) guidance of $0.450-$0.480 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.410. The company issued revenue guidance of $1.78 billion-$1.81 billion, compared to the consensus revenue estimate of $1.61 billion.

7 equities research analysts have issued 1 year price objectives for Hanesbrands' shares. Their forecasts range from $16.00 to $26.00. On average, they anticipate Hanesbrands' share price to reach $21.71 in the next twelve months. This suggests a possible upside of 14.3% from the stock's current price.
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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), Oxford Industries (OXM), G-III Apparel Group (GIII), Movado Group (MOV), Fossil Group (FOSL), Vera Bradley (VRA), Delta Apparel (DLA) and Boardriders (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), 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 Vanguard Group Inc. (10.96%), BlackRock Inc. (7.81%), Diamond Hill Capital Management Inc. (6.07%), State Street Corp (4.77%), ArrowMark Colorado Holdings LLC (3.29%) and Invesco Ltd. (2.66%). Company insiders that own Hanesbrands stock include Ann Elizabeth Ziegler, Cheryl K Beebe, Franck J Moison, Joia M Johnson, Joseph W Cavaliere, 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 Bank of New York Mellon Corp, Check Capital Management Inc. CA, Price T Rowe Associates Inc. MD, First Trust Advisors LP, Brandywine Global Investment Management LLC, Russell Investments Group Ltd., Epoch Investment Partners Inc., and Cooke & Bieler LP. Company insiders that have sold Hanesbrands company stock in the last year include Franck J Moison, Joia M Johnson, Michael E Faircloth, and W Howard Upchurch Jr.
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HBI stock was acquired by a variety of institutional investors in the last quarter, including Commerce Bank, Parnassus Investments CA, DAVENPORT & Co LLC, State Street Corp, Todd Asset Management LLC, Diamond Hill Capital Management Inc., Armistice Capital LLC, and RWC Asset Management LLP. Company insiders that have bought Hanesbrands stock in the last two years include Cheryl K Beebe, Joseph W Cavaliere, and Ronald L Nelson.
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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.
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One share of HBI stock can currently be purchased for approximately $19.00.

Hanesbrands has a market capitalization of $6.63 billion and generates $6.66 billion in revenue each year. The textile maker earns $-75,580,000.00 in net income (profit) each year or $1.45 on an earnings per share basis.

Hanesbrands employs 61,000 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]