NYSE:HBIHanesbrands Stock Price, Forecast & News

Hanesbrands' stock was trading at $10.17 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HBI stock has increased by 9.6% and is now trading at $11.15. 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 the Zacks' consensus estimate of $0.11 by $0.06. The textile maker had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion. Hanesbrands had a net margin of 7.75% and a return on equity of 50.63%. The firm's quarterly revenue was down 17.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.27 EPS. View Hanesbrands' earnings history.

Hanesbrands announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Tuesday, May 19th will be given a dividend of $0.15 per share on Tuesday, June 9th. This represents a $0.60 annualized dividend and a dividend yield of 5.38%. 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 minted shares were payable to shareholders after the closing bell 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 Wall Street analysts have issued 1 year target prices for Hanesbrands' shares. Their forecasts range from $8.00 to $20.00. On average, they expect Hanesbrands' share price to reach $12.85 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View analysts' price targets for Hanesbrands.

Press coverage about HBI stock has been trending negative on Thursday, according to InfoTrie. The research firm ranks 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 closest to five being the most favorable. Hanesbrands earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news stories about the textile maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Hanesbrands.

Hanesbrands saw a drop in short interest in June. As of June 30th, there was short interest totaling 46,820,000 shares, a drop of 8.5% from the June 15th total of 51,180,000 shares. Based on an average daily trading volume, of 9,100,000 shares, the days-to-cover ratio is currently 5.1 days. Approximately 13.7% of the shares of the company 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 investors include Envestnet Asset Management Inc. (0.06%), Thomasville National Bank (0.05%), Livforsakringsbolaget Skandia Omsesidigt (0.02%), DNB Asset Management AS (0.01%), American National Bank (0.01%) 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 Envestnet Asset Management Inc., DNB Asset Management AS, Legacy Capital Partners Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, and Livforsakringsbolaget Skandia Omsesidigt. 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, American National Bank, and Bangor Savings 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 $11.15.

Hanesbrands has a market capitalization of $3.88 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]