NYSE:HBIHanesbrands Stock Price, Forecast & News

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 12.7% and is now trading at $11.46. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanesbrands in the last year. There are currently 3 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Hanesbrands.

Hanesbrands is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Hanesbrands.

Hanesbrands Inc. (NYSE:HBI) issued its quarterly earnings data on Thursday, April, 30th. The textile maker reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by $0.06. The textile maker had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Hanesbrands had a net margin of 7.75% and a return on equity of 50.63%. The company's revenue for the quarter was down 17.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 earnings per share. View Hanesbrands' earnings history.

Hanesbrands announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Tuesday, May 19th will be paid a dividend of $0.15 per share on Tuesday, June 9th. This represents a $0.60 dividend on an annualized basis and a yield of 5.24%. The ex-dividend date of this dividend is Monday, May 18th. View Hanesbrands' dividend history.

Hanesbrands shares split on 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 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.

11 brokerages have issued 12-month target prices for Hanesbrands' shares. Their forecasts range from $8.00 to $20.00. On average, they anticipate Hanesbrands' share price to reach $12.85 in the next year. This suggests a possible upside of 12.1% from the stock's current price. View analysts' price targets for Hanesbrands.

Press coverage about HBI stock has been trending negative this week, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hanesbrands earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave news articles about the textile maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Hanesbrands.

Hanesbrands saw a decrease in short interest in June. As of June 15th, there was short interest totaling 51,180,000 shares, a decrease of 10.1% from the May 31st total of 56,920,000 shares. Based on an average trading volume of 9,660,000 shares, the short-interest ratio is currently 5.3 days. Approximately 14.9% of the shares of the stock are short sold. View Hanesbrands' Current Options Chain.

Some companies that are related to Hanesbrands include VF (VFC), Columbia Sportswear (COLM), Ralph Lauren (RL), Tapestry (TPR), Carter's (CRI), PVH (PVH), 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). View all competitors.

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 shareholders include Thomasville National Bank (0.05%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%). 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 Nelson Van Denburg & Campbell Wealth Management Group LLC. View insider buying and selling activity for Hanesbrands.

HBI stock was bought by a variety of institutional investors in the last quarter, including Thomasville National Bank. 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 $11.46.

Hanesbrands has a market capitalization of $3.99 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]