Levi Strauss & Co. - LEVI Stock Forecast, Price & News

10 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 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LEVI shares.
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10 Wall Street analysts have issued 12 month target prices for Levi Strauss & Co.'s shares. Their LEVI share price forecasts range from $16.00 to $27.00. On average, they anticipate the company's stock price to reach $20.36 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price.
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Levi Strauss & Co.'s stock was trading at $15.52 on January 1st, 2023. Since then, LEVI stock has increased by 17.8% and is now trading at $18.28.
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Levi Strauss & Co. saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 8,840,000 shares, an increase of 17.4% from the February 13th total of 7,530,000 shares. Based on an average trading volume of 2,000,000 shares, the short-interest ratio is currently 4.4 days.
View Levi Strauss & Co.'s Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 6th 2023.
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Levi Strauss & Co. will be holding an earnings conference call on Thursday, April 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Levi Strauss & Co. (NYSE:LEVI) announced its quarterly earnings data on Wednesday, January, 25th. The blue-jean maker reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.04. The blue-jean maker earned $1.59 billion during the quarter, compared to analysts' expectations of $1.59 billion. Levi Strauss & Co. had a net margin of 9.23% and a trailing twelve-month return on equity of 33.62%. The company's quarterly revenue was down 5.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.41 earnings per share.

Levi Strauss & Co. announced a quarterly dividend on Wednesday, January 25th. Shareholders of record on Wednesday, February 8th will be given a dividend of $0.12 per share on Thursday, February 23rd. This represents a $0.48 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend is Tuesday, February 7th.
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), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Putnam Sustainable Leaders ETF (PLDR), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), WisdomTree U.S. SmallCap Fund (EES), First Trust Small Cap Value AlphaDEX Fund (FYT) 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 2.88%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 34.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LEVI will have a dividend payout ratio of 31.37% 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 Wednesday, January, 25th. The company provided earnings per share guidance of $1.30-$1.40 for the period, compared to the consensus EPS estimate of $1.34. The company issued revenue guidance of $6.30 billion-$6.40 billion, compared to the consensus revenue estimate of $6.29 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 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 Macquarie Group Ltd. (1.36%), Parnassus Investments LLC (0.88%), Putnam Investments LLC (0.84%), Franklin Resources Inc. (0.57%), Morgan Stanley (0.40%) and Marshall Wace LLP (0.40%). 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 $18.28.

Levi Strauss & Co. (NYSE:LEVI) has a market capitalization of $7.22 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 $1.41 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.