Levi Strauss & Co. (LEVI) Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Levi Strauss & Co. in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LEVI shares.
View LEVI analyst ratings or view top-rated stocks.

10 analysts have issued 1-year price objectives for Levi Strauss & Co.'s stock. Their LEVI share price forecasts range from $14.00 to $22.00. On average, they expect the company's share price to reach $16.82 in the next year. This suggests a possible upside of 23.8% from the stock's current price.
View analysts price targets for LEVI or view top-rated stocks among Wall Street analysts.

Levi Strauss & Co.'s stock was trading at $15.52 at the start of the year. Since then, LEVI stock has decreased by 12.5% and is now trading at $13.58.
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Levi Strauss & Co. saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 9,190,000 shares, an increase of 8.1% from the August 31st total of 8,500,000 shares. Based on an average daily volume of 2,130,000 shares, the short-interest ratio is presently 4.3 days.
View Levi Strauss & Co.'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 5th 2023.
View our LEVI earnings forecast.

Levi Strauss & Co. will be holding an earnings conference call on Thursday, October 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Levi Strauss & Co. (NYSE:LEVI) issued its quarterly earnings data on Thursday, July, 6th. The blue-jean maker reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. The blue-jean maker had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. Levi Strauss & Co. had a net margin of 7.12% and a trailing twelve-month return on equity of 23.46%. The company's quarterly revenue was down 9.1% on a year-over-year basis. During the same period last year, the firm earned $0.29 earnings per share.

Levi Strauss & Co. announced a quarterly dividend on Thursday, July 6th. Shareholders of record on Friday, August 4th will be paid a dividend of $0.12 per share on Thursday, August 17th. This represents a $0.48 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend is Thursday, August 3rd.
Read our dividend analysis for LEVI.

ETFs with the largest weight of Levi Strauss & Co. (NYSE:LEVI) stock in their portfolio include Putnam Sustainable Future ETF (PFUT).WisdomTree U.S. SmallCap Fund (EES).

Levi Strauss & Co. (NYSE:LEVI) pays an annual dividend of $0.48 per share and currently has a dividend yield of 3.72%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LEVI will have a dividend payout ratio of 35.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LEVI.

Levi Strauss & Co. updated its FY 2023 earnings guidance on Thursday, July, 13th. The company provided EPS guidance of $1.10-$1.20 for the period, compared to the consensus EPS estimate of $1.29. The company issued revenue guidance of $6.26 billion-$6.32 billion, compared to the consensus revenue estimate of $6.33 billion.

674 employees have rated Levi Strauss & Co. Chief Executive Officer Chip Bergh on Glassdoor.com. Chip Bergh has an approval rating of 92% among the company's employees. This puts Chip Bergh in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Levi Strauss & Co. investors own include NVIDIA (NVDA), AT&T (T), Johnson & Johnson (JNJ), CVS Health (CVS), Alibaba Group (BABA), Walt Disney (DIS), Advanced Micro Devices (AMD), Intel (INTC), Home Depot (HD) and QUALCOMM (QCOM).

(LEVI) raised $550 million in an initial public offering on Thursday, March 21st 2019. The company issued 36,700,000 shares at $14.00-$16.00 per share. Goldman Sachs and J.P. Morgan acted as the underwriters for the IPO and BofA Merrill Lynch, Morgan Stanley, Evercore ISI, BNP PARIBAS, Citigroup, Guggenheim Securities, HSBC, Drexel Hamilton, Telsey Advisory Group and The Williams Capital Group were co-managers.

Levi Strauss & Co. trades on the New York Stock Exchange (NYSE) under the ticker symbol "LEVI."

Shares of LEVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LEVI stock can currently be purchased for approximately $13.58.

Levi Strauss & Co. (NYSE:LEVI) has a market capitalization of $5.39 billion and generates $6.13 billion in revenue each year. The blue-jean maker earns $569.10 million in net income (profit) each year or $1.10 on an earnings per share basis.

The company employs 18,000 workers across the globe.

Levi Strauss & Co.'s mailing address is 1155 BATTERY STREET, SAN FRANCISCO CA, 94111. The official website for the company is www.levistrauss.com. The blue-jean maker can be reached via phone at (415) 501-6000 or via email at investor-relations@levi.com.