Hanesbrands Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hanesbrands in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Hanesbrands stock. 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 analyst ratings for Hanesbrands or view top-rated stocks.

7 Wall Street analysts have issued twelve-month price targets for Hanesbrands' shares. Their HBI stock forecasts range from $11.00 to $24.00. On average, they predict Hanesbrands' share price to reach $16.89 in the next year. This suggests a possible upside of 64.8% from the stock's current price.
View analysts' price targets for Hanesbrands or view top-rated stocks among Wall Street analysts.

Hanesbrands' stock was trading at $16.72 on January 1st, 2022. Since then, HBI stock has decreased by 38.7% and is now trading at $10.25.
View the best growth stocks for 2022 here.

Hanesbrands is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Hanesbrands.

Hanesbrands Inc. (NYSE:HBI) announced its quarterly earnings data on Thursday, May, 5th. The textile maker reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.06. The textile maker earned $1.58 billion during the quarter, compared to analyst estimates of $1.54 billion. Hanesbrands had a net margin of 6.68% and a trailing twelve-month return on equity of 93.47%. The firm's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.39 EPS.
View Hanesbrands' earnings history.

Hanesbrands announced a quarterly dividend on Tuesday, April 26th. Shareholders of record on Tuesday, May 10th will be given a dividend of $0.15 per share on Tuesday, May 31st. This represents a $0.60 dividend on an annualized basis and a yield of 5.85%. The ex-dividend date of this dividend is Monday, May 9th.
View Hanesbrands' dividend history.

Hanesbrands(NYSE:HBI) pays an annual dividend of $0.60 per share and currently has a dividend yield of 5.72%. HBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Hanesbrands is 45.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Hanesbrands will have a dividend payout ratio of 33.52% next year. This indicates that Hanesbrands will be able to sustain or increase its dividend.
View Hanesbrands' dividend history.

Shares of Hanesbrands 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 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 declared that its board has initiated a stock buyback program on Thursday, February 3rd 2022, which allows the company to repurchase $600,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 10.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its shares are undervalued.

Hanesbrands issued an update on its second quarter 2022 earnings guidance on Monday, May, 23rd. The company provided EPS guidance of $0.32-$0.36 for the period, compared to the consensus estimate of $0.42. The company issued revenue guidance of $1.68 billion-$1.73 billion, compared to the consensus revenue estimate of $1.79 billion.

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), Columbia Sportswear (COLM), PVH (PVH), Carter's (CRI), Oxford Industries (OXM), G-III Apparel Group (GIII), Movado Group (MOV), Fossil Group (FOSL), Delta Apparel (DLA), Vera Bradley (VRA) and Boardriders (ZQKSQ).
View all of HBI's competitors.

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).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of HBI stock can currently be purchased for approximately $10.25.

Hanesbrands (NYSE:HBI) has a market capitalization of $3.57 billion and generates $6.80 billion in revenue each year. The textile maker earns $77.22 million in net income (profit) each year or $1.309990 on an earnings per share basis.

Hanesbrands employs 59,000 workers across the globe.

Hanesbrands' mailing address is 1000 EAST HANES MILL ROAD, WINSTON-SALEM NC, 27105. The official website for Hanesbrands is www.hanes.com. The textile maker can be reached via phone at (336) 519-8080 or via email at [email protected].