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

$18.87
-0.14 (-0.74 %)
(As of 09/15/2019 04:00 PM ET)
Today's Range
$18.67
Now: $18.87
$19.67
50-Day Range
$15.91
MA: $20.53
$26.5250
52-Week Range
$15.82
Now: $18.87
$38.00
Volume6.76 million shs
Average Volume7.59 million shs
Market Capitalization$5.22 billion
P/E Ratio6.69
Dividend Yield6.31%
Beta0.76
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. Read More…

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$13.24 billion
Cash Flow$4.8138 per share
Book Value($3.36) per share

Profitability

Net Income$644 million

Miscellaneous

Employees88,900
Market Cap$5.22 billion
Next Earnings Date11/18/2019 (Estimated)
OptionableOptionable

Receive LB News and Ratings via Email

Sign-up to receive the latest news and ratings for LB and its competitors with MarketBeat's FREE daily newsletter.


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 9th. Stockholders of record on Friday, August 23rd will be paid a dividend of $0.30 per share on Friday, September 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.36%. The ex-dividend date is Thursday, August 22nd. View L Brands' Dividend History.

How will L Brands' stock buyback program work?

L Brands announced that its board has approved a stock repurchase plan on Thursday, March 8th 2018, which authorizes the company to buyback $226,900,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its shares are undervalued.

How were L Brands' earnings last quarter?

L Brands Inc (NYSE:LB) released its quarterly earnings results on Wednesday, August, 21st. The specialty retailer reported $0.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.05. The specialty retailer had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.95 billion. L Brands had a net margin of 4.37% and a negative return on equity of 74.73%. L Brands's revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.36 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 18th 2019. View Earnings Estimates for L Brands.

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

L Brands updated its FY20 earnings guidance on Wednesday, August, 21st. The company provided earnings per share guidance of $2.30-2.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.45.

What price target have analysts set for LB?

24 analysts have issued twelve-month target prices for L Brands' stock. Their predictions range from $15.00 to $60.00. On average, they expect L Brands' stock price to reach $26.35 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price. View Analyst Price Targets for L Brands.

What is the consensus analysts' recommendation for L Brands?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for L Brands in the last year. There are currently 2 sell ratings, 16 hold ratings and 6 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. Guggenheim analysts commented, "We continue to forecast +LSD% comp sales growth in this business through 2020, on top of difficult comparisons vs. the +HSD-DD% comp gains in recent quarters. On a two-year basis, we expect trends to remain quite healthy here. In International, the VS UK business has experienced significant erosion in the past 3 years, similar to the NA market but compounded by the challenges in the UK economy. In China, the company continues to see significant potential long term and has now entered 19 markets and prototyped 7 different formats. International is roughly 5% of total LB sales (our 2019E). Overall, the company is focused on getting on a path to profitability in International (both the UK and China), and we continue to forecast a modest operating income loss this year (similar to 2018)." (9/10/2019)
  • 2. According to Zacks Investment Research, "Shares of L Brands have outpaced the industry in the past three months. The stock got a boost following better-than-expected first-quarter results that also prompted management to lift the lower-end of fiscal 2019 earnings view range. Impressive performance at Bath & Body Works brand aided the results. However, results remained dismal in the company's Victoria’s Secret business, which has been battling competition and consumers’ changing preferences. Management expects Bath & Body Works brand to experience another solid year and remains committed to improve Victoria’s Secret performance. L Brands forecasts second quarter comps to be about flat. Further, it expects gross margin rate to contract both in the second quarter and fiscal 2019. Also, SG&A costs are expected to increase year over year during the fiscal year." (7/31/2019)

Has L Brands been receiving favorable news coverage?

News stories about LB stock have trended somewhat positive on Sunday, according to InfoTrie. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. L Brands earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media coverage about the specialty retailer a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for L Brands.

Who are some of L Brands' key competitors?

What other stocks do shareholders of L Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other L Brands investors own include AT&T (T), General Electric (GE), Starbucks (SBUX), CVS Health (CVS), Gilead Sciences (GILD), Ford Motor (F), Caterpillar (CAT), Walt Disney (DIS), Bank of America (BAC) and Micron Technology (MU).

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, COO and CEO & Pres of Mast Global (Age 62)
  • Ms. Shelley B. Milano, Exec. VP & Chief HR Officer (Age 62)
  • James L. Bersani, Pres of Real Estate

Who are L Brands' major shareholders?

L Brands' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.25%), BlackRock Inc. (7.25%), BlackRock Inc. (7.25%), Primecap Management Co. CA (6.86%), American International Group Inc. (3.98%) and Bank of New York Mellon Corp (3.12%). Company insiders that own L Brands stock include Allan R Tessler, David T Kollat, Donna James, 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 American International Group Inc., Amundi Pioneer Asset Management Inc., DekaBank Deutsche Girozentrale, Bank of New York Mellon Corp, Morgan Stanley, Primecap Management Co. CA, Tobam and Gateway Investment Advisers LLC. View Insider Buying and Selling for L Brands.

Which major investors are buying L Brands stock?

LB stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Nuveen Asset Management LLC, Skandinaviska Enskilda Banken AB publ, BlackRock Inc., BlackRock Inc., Prudential Financial Inc., King Street Capital Management L.P. and AXA. 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, Robinhood, Fidelity and Charles Schwab.

What is L Brands' stock price today?

One share of LB stock can currently be purchased for approximately $18.87.

How big of a company is L Brands?

L Brands has a market capitalization of $5.22 billion and generates $13.24 billion in revenue each year. The specialty retailer earns $644 million in net income (profit) each year or $2.82 on an earnings per share basis. L Brands employs 88,900 workers across the globe.View Additional Information About L Brands.

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:  809 (Vote Outperform)
Underperform Votes:  1,101 (Vote Underperform)
Total Votes:  1,910
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 9/15/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel