NYSE:LBL Brands Stock Price, Forecast & News

$16.10

-1.10 (-6.40 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$16.10

Now: $16.10▼

$17.31

50-Day Range

$10.19

MA: $12.60▼

$15.08

52-Week Range

$8.00

Now: $16.10▼

$28.01

Volume1.05 million shs

Average Volume10.72 million shs

Market Capitalization$4.45 billion

P/E RatioN/A

Dividend Yield7.19%

Beta1.09

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, White Barn, C.O. Bigelow, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of February 27, 2019, the company operated 2,943 company-owned specialty stores in the United States, Canada, the United Kingdom, Ireland, and Greater China, as well as sold its brands through approximately 600 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.

Beat the Market (BTM) Rank^™

3.1 Analyst's Opinion

Consensus Rating
L Brands has received a consensus rating of Hold. The company's average rating score is 2.24, and is based on 8 buy ratings, 15 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.03, L Brands has a potential upside of 18.2% from its current price of $16.10.
Amount of Analyst Coverage
L Brands has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
L Brands has received 865 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
L Brands has received 1,194 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
L Brands has received 57.99% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
L Brands is a leading dividend payer. It pays a dividend yield of 7.19%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
L Brands does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of L Brands is 52.40 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, L Brands will have a dividend payout ratio of 69.77 % next year. This indicates that L Brands will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, L Brands insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 17.83% of the stock of L Brands is held by insiders.
Percentage Held by Institutions
77.38% of the stock of L Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for L Brands are expected to grow by 258.33% in the coming year, from $0.48 to $1.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of L Brands is -6.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of L Brands is -6.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
L Brands has a PEG Ratio of 2.68. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

2.29 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Womens' clothing stores

Sub-IndustryN/A

SectorRetail/Wholesale

Current SymbolNYSE:LB

Previous SymbolNYSE:LTD

CUSIPN/A

CIK701985

Webwww.lb.com

Phone614-415-7000

Debt

Debt-to-Equity RatioN/A

Current Ratio1.37

Quick Ratio0.83

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio33.54

P/E Growth2.68

Sales & Book Value

Annual Sales$12.91 billion

Price / Sales0.34

Cash Flow$6.79 per share

Price / Cash Flow2.37

Book Value($5.41) per share

Price / Book-2.98

Profitability

EPS (Most Recent Fiscal Year)$2.29

Net Income$-366,000,000.00

Net Margins-5.89%

Return on Equity-26.37%

Return on Assets3.08%

Miscellaneous

Employees94,400

Outstanding Shares276,530,000

Market Cap$4.45 billion

Next Earnings Date8/19/2020 (Estimated)

OptionableOptionable

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L Brands (NYSE:LB) Frequently Asked Questions

How has L Brands' stock been impacted by COVID-19 (Coronavirus)?

L Brands' stock was trading at $19.62 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LB stock has decreased by 17.9% and is now trading at $16.10. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of L Brands?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for L Brands in the last year. There are currently 2 sell ratings, 15 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for L Brands.

When is L Brands' next earnings date?

L Brands is scheduled to release its next quarterly earnings announcement on Wednesday, August 19th 2020. View our earnings forecast for L Brands.

How were L Brands' earnings last quarter?

L Brands Inc (NYSE:LB) issued its earnings results on Wednesday, May, 20th. The specialty retailer reported ($0.99) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.71) by $0.28. The specialty retailer had revenue of $1.65 billion for the quarter, compared to analysts' expectations of $1.75 billion. L Brands had a negative return on equity of 26.37% and a negative net margin of 5.89%. The firm's revenue was down 37.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 earnings per share. View L Brands' earnings history.

How often does L Brands pay dividends? What is the dividend yield for L Brands?

L Brands announced a quarterly dividend on Tuesday, February 4th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.30 per share on Friday, March 6th. This represents a $1.20 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date is Thursday, February 20th. View L Brands' dividend history.

What price target have analysts set for LB?

25 brokerages have issued twelve-month target prices for L Brands' shares. Their forecasts range from $8.00 to $30.00. On average, they anticipate L Brands' stock price to reach $19.03 in the next year. This suggests a possible upside of 18.2% from the stock's current price. View analysts' price targets 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 slid and underperformed the industry in the past six months. We note that the company disappointed with its holiday season results. Weak sales number at Victoria's Secret brand hurt the overall performance. The company has been grappling with softness at the Victoria’s Secret brand due to stiff competition and consumers’ changing preferences. This was visible in the holiday sales number. Nonetheless, solid performance at Bath & Body Works brand did provide some cushion. But this did not restrain L Brands to trim fourth-quarter fiscal 2019 earnings per share view. Nevertheless, the company is leaving no stone unturned to revive its Victoria’s Secret brand. Product launches, increased focus on omnichannel capabilities and improved marketing strategies are some of the notable moves in this direction." (1/15/2020)
2. 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)

Has L Brands been receiving favorable news coverage?

News coverage about LB stock has been trending very negative on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by monitoring 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 -3.8 on InfoTrie's scale. They also assigned media stories about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutL Brands.

Are investors shorting L Brands?

L Brands saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 19,950,000 shares, a decline of 15.1% from the April 30th total of 23,510,000 shares. Based on an average trading volume of 11,050,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 8.7% of the shares of the stock are sold short. View L Brands' Current Options Chain.

Who are some of L Brands' key competitors?

Some companies that are related to L Brands include ASOS PLC/ADR (ASOMY), Cato (CATO), Chico's FAS (CHS), RTW Retailwinds (RTW), Destination Maternity (DESTQ) and Cache (CACH). View all 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), CVS Health (CVS), Walt Disney (DIS), Exxon Mobil (XOM), NVIDIA (NVDA), Ford Motor (F), Gilead Sciences (GILD), General Electric (GE), Intel (INTC) and Alibaba Group (BABA).

Who are L Brands' key executives?

L Brands' management team includes the following 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

What is L Brands' stock symbol?

L Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "LB."

Who are L Brands' major shareholders?

L Brands' stock is owned by a variety of institutional and retail investors. Top institutional investors include Lone Pine Capital LLC (9.50%), BlackRock Inc. (6.56%), Primecap Management Co. CA (5.64%), State Street Corp (3.80%), Bank of New York Mellon Corp (1.56%) and Prudential PLC (1.53%). 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 Primecap Management Co. CA, Bank of New York Mellon Corp, BlackRock Inc., APG Asset Management N.V., APG Asset Management N.V., Nuveen Asset Management LLC, Alps Advisors Inc., and Legal & General Group Plc. View insider buying and selling activity 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 Lone Pine Capital LLC, Prudential PLC, Polaris Capital Management LLC, Deutsche Bank AG, Maverick Capital Ltd., APG Asset Management N.V., Mitsubishi UFJ Kokusai Asset Management Co. Ltd., and Makaira Partners LLC. View insider buying and selling activity 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 $16.10.

How big of a company is L Brands?

L Brands has a market capitalization of $4.45 billion and generates $12.91 billion in revenue each year. The specialty retailer earns $-366,000,000.00 in net income (profit) each year or $2.29 on an earnings per share basis. L Brands employs 94,400 workers across the globe.

What is L Brands' official website?

The official website for L Brands is 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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff