About L Brands
L Brands, Inc. operates specialty retail business. The Company is focused on women's intimate and other apparel, personal care and beauty categories. The Company operates through three segments: Victoria's Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. Victoria's Secret segment includes PINK, which is the specialty retailer of women's intimate and other apparel with collections, fragrances, supermodels and runway shows. Bath & Body Works segment is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers. Victoria's Secret and Bath & Body Works International segment includes the Victoria's Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. The Company operates the retail brands, which include Victoria's Secret, Bath & Body Works, La Senza and Henri Bendel. Henri Bendel is an operator of over 30 specialty stores.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Apparel Stores
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: LB
- Previous Close: $48.94
- 50 Day Moving Average: $60.04
- 200 Day Moving Average: $68.80
- 52-Week Range: $47.93 - $88.77
- Trailing P/E Ratio: 12.32
- Foreward P/E Ratio: 12.02
- P/E Growth: 1.40
- Market Cap: $13.99B
- Outstanding Shares: 285,955,000
- Beta: 0.82
- Net Margins: 9.31%
- Return on Equity: -137.81%
- Return on Assets: 14.53%
Companies Related to L Brands:
- Debt-to-Equity Ratio: -4.80%
- Current Ratio: 1.44%
- Quick Ratio: 0.62%
What is L Brands' stock symbol?
L Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "LB."
How often does L Brands pay dividends? What is the dividend yield for L Brands?
L Brands declared a quarterly dividend on Thursday, February 2nd. Investors of record on Friday, February 17th will be given a dividend of $0.60 per share on Friday, March 3rd. This represents a $2.40 annualized dividend and a yield of 4.90%. The ex-dividend date of this dividend is Wednesday, February 15th.
Where is L Brands' stock going? Where will L Brands' stock price be in 2017?
30 analysts have issued twelve-month price objectives for L Brands' stock. Their forecasts range from $40.00 to $100.00. On average, they expect L Brands' share price to reach $70.39 in the next twelve months.
When will L Brands announce their earnings?
L Brands is scheduled to release their next quarterly earnings announcement on Wednesday, May, 17th 2017.
What are analysts saying about L Brands stock?
Here are some recent quotes from research analysts about L Brands stock:
- Jefferies Group LLC analysts commented, "For Feb., LB guided to a (20%) comp at VS and (MSD) comp at BBW. For FY'18, LB guided comps (LSD), GM down, SG&A up, and EPS materially below cons. We believe this stock has not yet bottomed. Reiterate Underperform. PT to $40' We see risks rising at LB, owing to increased competition and pricing compression, at a time when VS is executing major changes to its core business. We continue to believe the company will struggle through FY'18, forecasting down EPS into the foreseeable future. We see these headwinds persisting LT, as many appear structural in nature." (2/23/2017)
- FBR & Co analysts commented, "LB reported a 4Q16 adjusted EPS of $2.03, above FBR/consensus of $1.90 but excluding the $0.11 tax benefit earnings would have been $1.92, just above guidance of about $1.90. LB previously reported 4Q comps of flat. LB guided 1Q/2017 EPS to $0.20'$0.25/$3.05'$3.35 versus FBR/consensus of $0.59/$0.49 for 1Q and $3.05'$3.35. We like LB's execution, resilient businesses, focus on inventory management/speed, and growth potential, but we believe the stock is fairly valued given expected headwinds in 2017 and uncertainty around the timing of a return to LB's long-term growth metrics." (2/23/2017)
According to Zacks Investment Research, "L Brands shares have underperformed the industry in the past six months. The company's January comps slid 4%, following a 1% dip in December 2016. Net sales fell 1% for the month. However, the company reported flat comps and recorded sales growth of 2% for fourth-quarter fiscal 2016. Further, it now expects earnings to be approximately $1.90 per share compared with its prior guidance for the low end of its initial projection of $1.85 to $2.00. Estimates have been also going down ahead of the company’s earnings release. The competitive retail landscape and short-term challenges such as adverse impact of investment in China, tough macro-economic conditions and expected sluggishness at Victoria's Secret brand are likely to hamper the company’s performance. For the fourth quarter, the exit of the swim and apparel categories had an adverse impact of 2% and 4% to total company and Victoria’s Secret comps, respectively." (2/9/2017)
Robert W. Baird analysts commented, "While monthly comparisons do get more difficult in September and the company guided to ~flat comps, we felt comfortable raising our September comp estimate to +1 percent given recent comp out-performance," analyst Mark Altschwager wrote in a note.Related Link: Mixed August Sales Numbers From Buckle, The Gap And L BrandsThe analyst maintains his Neutral rating and $80 price target as sales/margin overhangs pressure near-term earnings growth."We believe the company is one of the better-positioned retailers in our coverage universe with differentiated brands, quality management, and compelling long-term growth opportunities. However, with valuation near 18–19x, expectations currently reflect upside to management's guidance, in our view, supporting balanced risk/reward today," (9/2/2016)
Who owns L Brands stock?
L Brands' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (5.26%), Lansdowne Partners UK LLP (3.64%), State Street Corp (3.54%), Abrams Bison Investments LLC (1.06%), Barrow Hanley Mewhinney & Strauss LLC (0.77%) and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main (0.61%). Company insiders that own L Brands stock include Allan R Tessler, Charles Mcguigan, Martin P Waters, Nicholas Coe, Raymond Zimmerman, Sharen J Turney and Stuart B Burgdoerfer.
Who sold L Brands stock? Who is selling L Brands stock?
L Brands' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Janus Capital Management LLC, Lansdowne Partners UK LLP, Horizon Kinetics LLC, Artemis Investment Management LLP, AQR Capital Management LLC, Abrams Bison Investments LLC and Barrow Hanley Mewhinney & Strauss LLC. Company insiders that have sold L Brands stock in the last year include Charles Mcguigan, Martin P Waters and Nicholas Coe.
Who bought L Brands stock? Who is buying L Brands stock?
L Brands' stock was acquired by a variety of institutional investors in the last quarter, including DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, NN Investment Partners Holdings N.V., Alyeska Investment Group L.P., Asset Management One Co. Ltd., Russell Investments Group Ltd., Franklin Resources Inc., State Street Corp and Credit Agricole S A. Company insiders that have bought L Brands stock in the last two years include Allan R Tessler and Raymond Zimmerman.
How do I buy L Brands stock?
Shares of L Brands can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of L Brands stock cost?
One share of L Brands stock can currently be purchased for approximately $48.94.