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

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$30.37 +0.49 (+1.64 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$30.37
Today's Range$29.89 - $30.64
52-Week Range$25.89 - $63.10
Volume9.09 million shs
Average Volume6.32 million shs
Market Capitalization$8.22 billion
P/E Ratio9.49
Dividend Yield8.03%
Beta0.56
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 Ratio9.49
Forward P/E Ratio12.10
P/E Growth1.04

Sales & Book Value

Annual Sales$12.63 billion
Price / Sales0.66
Cash Flow$5.2003 per share
Price / Cash5.84
Book Value($4.08) per share
Price / Book-7.44

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$8.22 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 annualized dividend and a dividend yield of 7.90%. The ex-dividend date 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 initiated a share repurchase program on Thursday, March 8th 2018, which allows the company to buyback $226,900,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

How were L Brands' earnings last quarter?

L Brands Inc (NYSE:LB) issued its quarterly earnings results on Wednesday, August, 22nd. The specialty retailer reported $0.36 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.34 by $0.02. The specialty retailer had revenue of $2.98 billion for the quarter, compared to analysts' expectations of $2.92 billion. L Brands had a net margin of 6.87% and a negative return on equity of 84.14%. The company's quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the prior 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 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 EPS 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 brokerages have issued twelve-month price objectives for L Brands' stock. Their forecasts range from $23.00 to $60.00. On average, they expect L Brands' stock price to reach $37.7567 in the next twelve months. This suggests a possible upside of 24.3% 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 climbed 1% during the month of August. L Brands stock climbed by 0.5% in the first full-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 trading volume of 8,505,349 shares, the short-interest ratio is presently 2.6 days. Currently, 9.5% of the shares of the stock 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)

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. (7.65%), 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 acquired 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 $30.37.

How big of a company is L Brands?

L Brands has a market capitalization of $8.22 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:  692 (Vote Outperform)
Underperform Votes:  994 (Vote Underperform)
Total Votes:  1,686
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 9/22/2018 by MarketBeat.com Staff

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