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

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$35.72 -1.11 (-3.01 %)
(As of 11/15/2018 01:44 PM ET)
Previous Close$36.83
Today's Range$35.15 - $36.00
52-Week Range$25.89 - $63.10
Volume369,850 shs
Average Volume5.05 million shs
Market Capitalization$10.18 billion
P/E Ratio11.18
Dividend Yield6.48%
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 Ratio11.18
Forward P/E Ratio13.79
P/E Growth1.24

Sales & Book Value

Annual Sales$12.63 billion
Price / Sales0.78
Cash Flow$4.9337 per share
Price / Cash7.24
Book Value($2.66) per share
Price / Book-13.43

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

Employees25,200
Outstanding Shares275,060,000
Market Cap$10.18 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 dividend on an annualized basis and a dividend yield of 6.71%. 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 initiated a stock buyback program on Thursday, March 8th 2018, which permits the company to buyback $226,900,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its stock is 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 for the quarter, topping analysts' consensus estimates of $0.34 by $0.02. The specialty retailer had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $2.92 billion. L Brands had a net margin of 6.87% and a negative return on equity of 84.14%. The business's revenue was up 8.3% compared to the same quarter last year. During the same period last year, the business earned $0.48 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 Monday, November 19th 2018. View Earnings Estimates for L Brands.

How can I listen to L Brands' earnings call?

L Brands will be holding an earnings conference call on Tuesday, November 20th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8663634673.

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 estimate of $0.04.

What price target have analysts set for LB?

31 analysts have issued 1 year target prices for L Brands' stock. Their forecasts range from $23.00 to $60.00. On average, they expect L Brands' share price to reach $38.19 in the next year. This suggests a possible upside of 6.8% 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 climbed 4% during the month of October. L Brands stock rose by 0% in the first day of trading following the report.

Has L Brands been receiving favorable news coverage?

Headlines about LB stock have trended somewhat positive on Thursday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. L Brands earned a coverage optimism score of 1.6 on InfoTrie's scale. They also assigned news coverage about the specialty retailer a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock'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 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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.60%), Primecap Management Co. CA (6.99%), American International Group Inc. (3.55%), The Manufacturers Life Insurance Company (2.12%), Bank of New York Mellon Corp (1.85%) and FMR LLC (1.67%). 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, Deutsche Bank AG, Coronation Fund Managers Ltd., Mitsubishi UFJ Trust & Banking Corp, BlackRock Inc. and American International Group Inc.. 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 purchased by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Bank of New York Mellon Corp, Tyvor Capital LLC, Makaira Partners LLC, Radin Capital Partners Inc., Alps Advisors Inc., Douglas Lane & Associates LLC and Tobam. 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 $35.76.

How big of a company is L Brands?

L Brands has a market capitalization of $10.18 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 25,200 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 11/15/2018 by MarketBeat.com Staff

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