NYSE:HBI - Hanesbrands 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 stock has decreased by 27.3% and is now trading at $7.39. View which stocks have been mosted impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanesbrands in the last year. There are currently 2 sell ratings, 5 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, May 7th 2020. View our earnings forecast for Hanesbrands.

Hanesbrands Inc. (NYSE:HBI) released its quarterly earnings data on Friday, February, 7th. The textile maker reported $0.51 EPS for the quarter, meeting the Zacks' consensus estimate of $0.51. The textile maker had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.75 billion. Hanesbrands had a return on equity of 55.80% and a net margin of 8.70%. The company's revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.48 earnings per share. View Hanesbrands' earnings history.

Hanesbrands declared a quarterly dividend on Friday, February 7th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.15 per share on Tuesday, March 10th. This represents a $0.60 annualized dividend and a dividend yield of 8.12%. The ex-dividend date is Friday, February 14th. View Hanesbrands' dividend history.

Hanesbrands shares 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 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.

Hanesbrands updated its FY20 earnings guidance on Friday, February, 7th. The company provided EPS guidance of $1.72-1.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.76. The company issued revenue guidance of $6.675-6.775 billion, compared to the consensus revenue estimate of $6.81 billion.

9 analysts have issued 12-month price objectives for Hanesbrands' shares. Their forecasts range from $8.00 to $20.00. On average, they expect Hanesbrands' share price to reach $14.63 in the next year. This suggests a possible upside of 97.9% from the stock's current price. View analysts' price targets for Hanesbrands.

News headlines about HBI stock have been trending somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hanesbrands earned a media sentiment score of 0.6 on InfoTrie's scale. They also assigned media stories about the textile maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutHanesbrands.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Hanesbrands investors own include AT&T (T), Bank of America (BAC), Intel (INTC), Ford Motor (F), Pfizer (PFE), General Electric (GE), Walt Disney (DIS), Gilead Sciences (GILD), Exxon Mobil (XOM) and CVS Health (CVS).

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

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 $7.39.

Hanesbrands has a market capitalization of $2.64 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. View additional information about Hanesbrands.

The official website for Hanesbrands is http://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]