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

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$29.68 +0.11 (+0.37 %)
(As of 09/20/2018 02:34 AM ET)
Previous Close$29.57
Today's Range$29.22 - $29.79
52-Week Range$25.89 - $63.10
Volume4.10 million shs
Average Volume5.05 million shs
Market Capitalization$7.97 billion
P/E Ratio9.20
Dividend Yield8.44%
Beta0.57
L Brands logoL 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 March 8, 2018, the company operated 3,071 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 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
SymbolNYSE:LB
CUSIPN/A
Phone614-415-7000

Debt

Debt-to-Equity Ratio-5.09
Current Ratio1.46
Quick Ratio0.75

Price-To-Earnings

Trailing P/E Ratio9.20
Forward P/E Ratio11.82
P/E Growth1.01

Sales & Book Value

Annual Sales$12.63 billion
Price / Sales0.65
Cash Flow$5.2438 per share
Price / Cash5.66
Book Value($2.66) per share
Price / Book-11.16

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$7.97 billion

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 Friday, August 10th. Investors of record on Friday, August 24th will be given a dividend of $0.60 per share on Friday, September 7th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 8.09%. The ex-dividend date of this dividend is Thursday, August 23rd. View L Brands' Dividend History.

How will L Brands' stock buyback program work?

L Brands declared that its Board of Directors has approved 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. Shares buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

How were L Brands' earnings last quarter?

L Brands Inc (NYSE:LB) issued its earnings results on Wednesday, August, 22nd. The specialty retailer reported $0.36 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.34 by $0.02. The specialty retailer earned $2.98 billion during the quarter, compared to the consensus estimate of $2.92 billion. L Brands had a negative return on equity of 84.14% and a net margin of 6.87%. L Brands's revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company 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 Wednesday, November, 21st 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 FY19 earnings guidance on Wednesday, August, 22nd. The company provided EPS guidance of $2.45-2.70 for the period, compared to the Thomson Reuters consensus estimate of $2.77. L Brands also updated its Q3 guidance to $0.00-0.05 EPS.

What price target have analysts set for LB?

32 Wall Street analysts have issued twelve-month target prices for L Brands' stock. Their predictions range from $23.00 to $60.00. On average, they expect L Brands' share price to reach $37.79 in the next twelve months. This suggests a possible upside of 27.3% from the stock's current price. View Analyst Price Targets for L Brands.

What is the consensus analysts' recommendation for L Brands?

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for L Brands in the last year. There are currently 3 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 declined and underperformed the industry in the past six months. Apart from stiff competition and heavy discounts, the company has been reeling under consumers’ changing preferences that continues to impact its Victoria’s Secret lingerie brand in the second quarter of fiscal 2018 as well. Moreover, softness in the Pink brand has added to woes. Shrinking gross margin also raises concern. These compelled management to trim fiscal 2018 view for the second time. As a result, estimates have been moving down. However, L Brands’ third straight quarter of positive earnings surprise came as a sign of some relief. Meanwhile, revenues came in line with the Zacks Consensus Estimate. Additionally, recent comps scenario suggests an improvement in the third quarter and fiscal 2018. Further, L Brands’ focus on international markets is likely to provide growth opportunities and generate increased sales volumes." (8/31/2018)
  • 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 rose 1% in the month of August. L Brands shares climbed by 0.5% in the first day of trading following the report.

Are investors shorting L Brands?

L Brands saw a increase in short interest in August. As of August 31st, there was short interest totalling 21,750,834 shares, an increase of 15.6% from the August 15th total of 18,813,872 shares. Based on an average daily volume of 8,505,349 shares, the days-to-cover ratio is presently 2.6 days. Approximately 9.5% of the shares of the company are sold short. View L Brands' Current Options Chain.

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)

Has L Brands been receiving favorable news coverage?

Media stories about LB stock have been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. L Brands earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the specialty retailer an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for L Brands.

Who are L Brands' major shareholders?

L Brands' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.65%), American International Group Inc. (3.59%), FMR LLC (2.02%), Alecta Pensionsforsakring Omsesidigt (1.35%), Makaira Partners LLC (1.21%) and Morgan Stanley (1.07%). 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 major investors are selling L Brands stock?

LB stock was sold by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, Scharf Investments LLC, FMR LLC, Morgan Stanley, Millennium Management LLC, BlackRock Inc., Coronation Fund Managers Ltd. and Renaissance Technologies LLC. 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 major investors are buying L Brands stock?

LB stock was purchased by a variety of institutional investors in the last quarter, including Makaira Partners LLC, State of New Jersey Common Pension Fund D, Aviance Capital Management LLC, TB Alternative Assets Ltd., Worldquant Millennium Quantitative Strategies LLC, Howard Capital Management Inc., Bank of America Corp DE and Andra AP fonden. 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 $29.68.

How big of a company is L Brands?

L Brands has a market capitalization of $7.97 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.

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:  2.0 out of 5 (star star)
Outperform Votes:  689 (Vote Outperform)
Underperform Votes:  992 (Vote Underperform)
Total Votes:  1,681
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 9/20/2018 by MarketBeat.com Staff

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