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

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Levi Strauss & Co. in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LEVI shares.
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11 brokers have issued 12-month price targets for Levi Strauss & Co.'s stock. Their LEVI share price forecasts range from $16.00 to $24.00. On average, they anticipate the company's stock price to reach $19.00 in the next twelve months. This suggests a possible upside of 31.9% from the stock's current price.
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Levi Strauss & Co.'s stock was trading at $15.52 at the beginning of 2023. Since then, LEVI stock has decreased by 7.2% and is now trading at $14.4050.
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Levi Strauss & Co. saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 8,810,000 shares, an increase of 12.8% from the April 15th total of 7,810,000 shares. Based on an average trading volume of 2,520,000 shares, the short-interest ratio is currently 3.5 days.
View Levi Strauss & Co.'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 6th 2023.
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Levi Strauss & Co. (NYSE:LEVI) announced its quarterly earnings results on Thursday, April, 6th. The blue-jean maker reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. The blue-jean maker had revenue of $1.69 billion for the quarter, compared to analysts' expectations of $1.61 billion. Levi Strauss & Co. had a trailing twelve-month return on equity of 29.59% and a net margin of 7.79%. The company's revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.46 earnings per share.

Levi Strauss & Co. announced a quarterly dividend on Thursday, April 6th. Shareholders of record on Thursday, May 4th will be paid a dividend of $0.12 per share on Thursday, May 18th. This represents a $0.48 annualized dividend and a dividend yield of 3.33%. The ex-dividend date is Wednesday, May 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), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Putnam Sustainable Leaders ETF (PLDR), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), First Trust Small Cap Value AlphaDEX Fund (FYT), WisdomTree U.S. SmallCap Fund (EES), Invesco Zacks Mid-Cap ETF (CZA) and Hartford Multifactor Small Cap ETF (ROSC).

Levi Strauss & Co. (NYSE:LEVI) pays an annual dividend of $0.48 per share and currently has a dividend yield of 3.51%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 39.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LEVI will have a dividend payout ratio of 32.88% 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 Friday, April, 7th. The company provided EPS guidance of $1.30-$1.40 for the period, compared to the consensus estimate of $1.33. The company issued revenue guidance of $6.30 billion-$6.40 billion, compared to the consensus revenue estimate of $6.31 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 a price of $14.00-$16.00 per share. Goldman Sachs and J.P. Morgan served 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 a variety of retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (1.95%), Macquarie Group Ltd. (1.51%), FMR LLC (1.37%), Putnam Investments LLC (0.97%), Ameriprise Financial Inc. (0.97%) and BlackRock Inc. (0.46%). Insiders that own company stock include Bradley J Haas, Charles V Bergh, Christopher J Mccormick, 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 $14.41.

Levi Strauss & Co. (NYSE:LEVI) has a market capitalization of $5.71 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 $1.22 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.