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

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Levi Strauss & Co. in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LEVI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LEVI, but not buy additional shares or sell existing shares.
View LEVI analyst ratings or view top-rated stocks.

9 brokerages have issued 12 month target prices 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 $16.90 in the next twelve months. This suggests a possible upside of 29.4% 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 15.9% and is now trading at $13.06.
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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 earnings results 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 analysts' expectations of $1.34 billion. Levi Strauss & Co. had a trailing twelve-month return on equity of 23.46% and a net margin of 7.12%. The company's revenue was down 9.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.29 EPS.

Levi Strauss & Co. announced a quarterly dividend on Thursday, July 6th. Stockholders 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 dividend yield of 3.68%. 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 3.74%. 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. issued an update on its FY 2023 earnings guidance on Thursday, July, 13th. The company provided earnings per share guidance of $1.10-$1.20 for the period, compared to the consensus earnings per share 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 (IPO) 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."

Levi Strauss & Co.'s stock is owned by many different institutional and retail investors. Top institutional shareholders include Hall Kathryn A. (0.54%), BlackRock Inc. (0.48%), Goldman Sachs Group Inc. (0.43%), Marshall Wace LLP (0.34%), Invenomic Capital Management LP (0.30%) and Allspring Global Investments Holdings LLC (0.27%). Insiders that own company stock include Bradley J Haas, Charles V Bergh, Daniel S Haas, David A Friedman, Elizabeth H Eisenhardt, Elizabeth H Eisenhardt, Elizabeth T O'neill, Gavin Brockett, Harmit J Singh, Jennifer A Sey, Jennifer C Haas, Jenny J Ming, Kenneth John Stephon, Lisa Stirling, Marc Ostryniec, Marc Rosen, Margaret E Haas, Miriam L Haas, Patricia Salas Pineda, Peter E Jr Haas, Raphael Goszcz Crawford, Robert D Haas, Seth Jaffe and Seth M Ellison.
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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 $13.06.

Levi Strauss & Co. (NYSE:LEVI) has a market capitalization of $5.18 billion and generates $6.17 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.