NYSE:LB - L Brands Stock Price, News, & Analysis

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$27.33 +0.33 (+1.22 %)
(As of 01/20/2019 12:02 PM ET)
Previous Close$27.33
Today's Range$26.99 - $27.70
52-Week Range$23.71 - $53.39
Volume3.92 million shs
Average Volume4.63 million shs
Market Capitalization$7.52 billion
P/E Ratio8.54
Dividend Yield8.78%
Beta0.65
L Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, home fragrance products, and accessories. The company operates in three segments: Victoria's Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. Its products include loungewear, bras, panties, athletic attire, shower gels and lotions, aromatherapy, body care, soaps and sanitizers, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria's Secret, PINK, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores, which are primarily mall-based; through its Websites comprising VictoriasSecret.com, BathandBodyWorks.com, HenriBendel.com, and LaSenza.com; and through franchises, licenses, and wholesale partners. As of September 13, 2018, the company operated 3,084 company-owned specialty stores in the United States, Canada, the United Kingdom, Ireland, and Greater China, as well as sold its brands through approximately 800 franchised locations and online worldwide. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

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Industry, Sector and Symbol

Industry Womens' clothing stores
Sub-IndustryN/A
SectorRetail/Wholesale
CUSIPN/A
Phone614-415-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.63 billion
Cash Flow$5.1180 per share
Book Value($2.66) per share

Profitability

Net Income$983 million

Miscellaneous

Employees93,200
Market Cap$7.52 billion
OptionableOptionable

L Brands (NYSE:LB) Frequently Asked Questions

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, November 8th. Shareholders of record on Friday, November 23rd will be given a dividend of $0.60 per share on Friday, December 7th. This represents a $2.40 annualized dividend and a yield of 8.78%. The ex-dividend date of this dividend is Wednesday, November 21st. View L Brands' Dividend History.

How will L Brands' stock buyback program work?

L Brands announced that its Board of Directors has authorized a share buyback program on Thursday, March 8th 2018, which permits the company to buyback $226,900,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.

How were L Brands' earnings last quarter?

L Brands Inc (NYSE:LB) posted its quarterly earnings results on Monday, November, 19th. The specialty retailer reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.01. The specialty retailer had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.70 billion. L Brands had a net margin of 5.81% and a negative return on equity of 76.28%. The company's quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.30 EPS. View L Brands' Earnings History.

When is L Brands' next earnings date?

L Brands is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for L Brands.

What guidance has L Brands issued on next quarter's earnings?

L Brands issued an update on its fourth quarter 2018 earnings guidance on Thursday, January, 10th. The company provided earnings per share guidance of $1.90-2.10 for the period.

What price target have analysts set for LB?

30 equities research analysts have issued twelve-month price targets for L Brands' shares. Their forecasts range from $23.00 to $60.00. On average, they expect L Brands' share price to reach $37.1276 in the next twelve months. This suggests a possible upside of 35.8% from the stock's current price. View Analyst Price Targets for L Brands.

What is the consensus analysts' recommendation for L Brands?

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for L Brands in the last year. There are currently 2 sell ratings, 18 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for L Brands.

What are Wall Street analysts saying about L Brands stock?

Here are some recent quotes from research analysts about L Brands stock:
  • 1. According to Zacks Investment Research, "Shares of L Brands have fared better than the industry in the past three months. The company’s sustained focus on cost containment, inventory management and merchandising initiatives have kept it afloat in a competitive environment. Also, with the sale of La Senza brand the company will now be able to focus on core operations. Further, the company’s focus on international markets is likely to provide growth opportunities and generate increased sales volumes. Management expects fourth quarter adjusted earnings to be at the higher end of prior view. However, lower-than-expected holiday sales did raise concern. The company posted flat comps for the December month owing to soft performances in Victoria Secret brands, Lingerie and Pink brands. Further, L Brands has been reeling under consumers’ changing preferences. Shrinking gross margin also raises concern and is expected to decline further in the final quarter of fiscal 2018." (1/18/2019)
  • 2. Guggenheim analysts commented, "We remain NEUTRAL rated. In June, total company comp sales increased 3% (stores -2%), roughly ~in line with our +LSD expectations but decelerating from May. The LB total comp increase of 3% (stores -2%) included a 1% decline at Victoria’s Secret (stores -6%) and a 10% increase at Bath & Body Works (stores +7%). For the total company, June sales increased 6% to $1.28bn." (7/12/2018)

How were L Brands' same store sales last quarter?

L Brands same-store sales climbed 9% during the month of November. L Brands stock rose by 0% in the first full-day of trading following the news.

Has L Brands been receiving favorable news coverage?

Media headlines about LB stock have been trending extremely positive on Sunday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. L Brands earned a media sentiment score of 4.1 on InfoTrie's scale. They also gave news headlines about the specialty retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days.

Who are some of L Brands' key competitors?

Who are L Brands' key executives?

L Brands' management team includes the folowing people:
  • Mr. Leslie H. Wexner, Founder, Exec. Chairman, CEO & Pres (Age 82)
  • Mr. Stuart B. Burgdoerfer, Exec. VP & CFO (Age 56)
  • Mr. Charles C. McGuigan, Chief Operating Officer (Age 62)
  • Mr. Martin P. Waters, CEO & Pres of L Brands International (Age 53)
  • Mr. Nicholas P.M. Coe, CEO and Pres of Bath & Body Works (Age 56)

Who are L Brands' major shareholders?

L Brands' stock is owned by a number of of retail and institutional investors. Top institutional investors include Douglas Lane & Associates LLC (0.49%), TB Alternative Assets Ltd. (0.03%), Hennessy Advisors Inc. (0.02%), Nisa Investment Advisors LLC (0.02%), State of Alaska Department of Revenue (0.02%) and Virtu Financial LLC (0.02%). Company insiders that own L Brands stock include Allan R Tessler, David T Kollat, Donna James, Nicholas Coe, Raymond Zimmerman and Stuart B Burgdoerfer. View Institutional Ownership Trends for L Brands.

Which major investors are selling L Brands stock?

LB stock was sold by a variety of institutional investors in the last quarter, including TB Alternative Assets Ltd., Douglas Lane & Associates LLC, Stokes & Hubbell Capital Management LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Hennessy Advisors Inc., Oakbrook Investments LLC and Louisiana State Employees Retirement System. Company insiders that have sold L Brands company stock in the last year include Donna James, Raymond Zimmerman and Stuart B Burgdoerfer. View Insider Buying and Selling for L Brands.

Which major investors are buying L Brands stock?

LB stock was purchased by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Nippon Life Global Investors Americas Inc., Weather Gauge Advisory LLC, Cerebellum GP LLC, QUANTRES ASSET MANAGEMENT Ltd, DNB Asset Management AS and Steward Partners Investment Advisory LLC. Company insiders that have bought L Brands stock in the last two years include Allan R Tessler and David T Kollat. View Insider Buying and Selling for L Brands.

How do I buy shares of L Brands?

Shares of LB 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, Scottrade, Fidelity and Charles Schwab.

What is L Brands' stock price today?

One share of LB stock can currently be purchased for approximately $27.33.

How big of a company is L Brands?

L Brands has a market capitalization of $7.52 billion and generates $12.63 billion in revenue each year. The specialty retailer earns $983 million in net income (profit) each year or $3.20 on an earnings per share basis. L Brands employs 93,200 workers across the globe.

What is L Brands' official website?

The official website for L Brands is http://www.lb.com.

How can I contact L Brands?

L Brands' mailing address is THREE LIMITED PARKWAY P.O. BOX 16000, COLUMBUS OH, 43230. The specialty retailer can be reached via phone at 614-415-7000 or via email at [email protected]


MarketBeat Community Rating for L Brands (NYSE LB)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  748 (Vote Outperform)
Underperform Votes:  1,041 (Vote Underperform)
Total Votes:  1,789
MarketBeat's community ratings are surveys of what our community members think about L Brands and other stocks. Vote "Outperform" if you believe LB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2019 by MarketBeat.com Staff

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