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

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$36.86 -0.16 (-0.43 %)
(As of 11/13/2018 04:00 PM ET)
Previous Close$37.02
Today's Range$36.39 - $37.30
52-Week Range$25.89 - $63.10
Volume3.32 million shs
Average Volume5.04 million shs
Market Capitalization$10.04 billion
P/E Ratio11.52
Dividend Yield6.58%
Beta0.33
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

Stock Exchange NYSE
Industry Womens' clothing stores
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNYSE:LB
Previous SymbolNYSE:LTD
CUSIPN/A
Phone614-415-7000

Debt

Debt-to-Equity RatioN/A
Current Ratio1.46
Quick Ratio0.75

Price-To-Earnings

Trailing P/E Ratio11.52
Forward P/E Ratio14.51
P/E Growth1.25

Sales & Book Value

Annual Sales$12.63 billion
Price / Sales0.80
Cash Flow$5.1625 per share
Price / Cash7.14
Book Value($2.66) per share
Price / Book-13.86

Profitability

EPS (Most Recent Fiscal Year)$3.20
Net Income$983 million
Net Margins6.87%
Return on Equity-84.14%
Return on Assets10.64%

Miscellaneous

Employees93,200
Outstanding Shares275,060,000
Market Cap$10.04 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 announced a quarterly dividend on Thursday, November 8th. Stockholders of record on Friday, November 23rd will be paid a dividend of $0.60 per share on Friday, December 7th. This represents a $2.40 annualized dividend and a dividend yield of 6.51%. The ex-dividend date is Wednesday, November 21st. View L Brands' Dividend History.

How will L Brands' stock buyback program work?

L Brands declared that its Board of Directors has authorized a stock repurchase program on Thursday, March 8th 2018, which allows the company to repurchase $226,900,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

How were L Brands' earnings last quarter?

L Brands Inc (NYSE:LB) announced its quarterly earnings data on Wednesday, August, 22nd. The specialty retailer reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.02. The specialty retailer earned $2.98 billion during the quarter, compared to analyst estimates of $2.92 billion. L Brands had a negative return on equity of 84.14% and a net margin of 6.87%. The business's revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.48 earnings per share. View L Brands' Earnings History.

When is L Brands' next earnings date?

L Brands is scheduled to release their next quarterly earnings announcement on Monday, November 19th 2018. View Earnings Estimates for L Brands.

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

L Brands issued an update on its third quarter earnings guidance on Thursday, November, 8th. The company provided EPS guidance of ~$0.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.04.

What price target have analysts set for LB?

31 Wall Street analysts have issued 1 year price targets for L Brands' shares. Their forecasts range from $23.00 to $60.00. On average, they anticipate L Brands' share price to reach $38.19 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for L Brands.

What is the consensus analysts' recommendation for L Brands?

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for L Brands in the last year. There are currently 2 sell ratings, 19 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 outdid the industry in a month primarily on the back of impressive September comparable sales results and the announcement that management is exploring all possible alternatives for its La Senza business. The company has been struggling with soft performance of its luxury lingerie brand and offloading of the same will enable it to focus on core operations to augment revenue and profitability. Apart from stiff competition, L Brands has been reeling under consumers’ changing preferences and spending pattern that continue to impact the performance of these brands. Shrinking gross margin also raises concern. Nevertheless, estimates have been stable lately ahead of third-quarter fiscal 2018 release. Last reported quarter, marked the company’s third straight quarter of earnings beat. Further, L Brands’ focus on international markets is likely to provide growth opportunities and generate increased sales volumes." (11/13/2018)
  • 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 increased by 4% during the month of October. L Brands stock rose by 0% in the first full-day of trading following the report.

Has L Brands been receiving favorable news coverage?

Media coverage about LB stock has been trending positive on Tuesday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 2.6 on InfoTrie's scale. They also gave news headlines about the specialty retailer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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 81)
  • Mr. Stuart B. Burgdoerfer, Exec. VP & CFO (Age 55)
  • Mr. Charles C. McGuigan, Chief Operating Officer (Age 61)
  • Mr. Martin P. Waters, CEO & Pres of L Brands International (Age 52)
  • Mr. Nicholas P.M. Coe, CEO and Pres of Bath & Body Works (Age 55)

Who are L Brands' major shareholders?

L Brands' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.60%), Primecap Management Co. CA (6.99%), American International Group Inc. (3.55%), Bank of New York Mellon Corp (1.85%), FMR LLC (1.67%) and Alps Advisors Inc. (0.59%). Company insiders that own L Brands stock include Allan R Tessler, David T Kollat, Donna James, Nicholas Coe and Stuart B Burgdoerfer. View Institutional Ownership Trends for L Brands.

Which institutional investors are selling L Brands stock?

LB stock was sold by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, FMR LLC, Credit Suisse AG, Coronation Fund Managers Ltd., Mitsubishi UFJ Trust & Banking Corp, BlackRock Inc., American International Group Inc. and Primecap Management Co. CA. Company insiders that have sold L Brands company stock in the last year include Donna James and Stuart B Burgdoerfer. View Insider Buying and Selling for L Brands.

Which institutional investors are buying L Brands stock?

LB stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Radin Capital Partners Inc., Alps Advisors Inc., Douglas Lane & Associates LLC, Tobam, Canada Pension Plan Investment Board, Polaris Capital Management LLC and State of New Jersey Common Pension Fund D. 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 $36.86.

How big of a company is L Brands?

L Brands has a market capitalization of $10.04 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:  734 (Vote Outperform)
Underperform Votes:  1,012 (Vote Underperform)
Total Votes:  1,746
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 11/13/2018 by MarketBeat.com Staff

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