About Pier 1 Imports
Pier 1 Imports, Inc. is an importer of home decor and furniture. The Company's operations consist of retail stores and an e-commerce Website conducting business under the name Pier 1 Imports, which sells a range of decorative accessories, furniture, candles, housewares, gifts and seasonal products. The Company's categories of merchandise include decorative accessories and furniture. The decorative accessories category includes decorative accents and textiles, such as rugs, wall decorations and mirrors, candles, fragrance, gifts and seasonal items. The furniture category includes furniture and furniture cushions to be used in living, dining, office, sunrooms and patios. This merchandise group is generally made of metal or handcrafted natural materials, including rattan, pine, acacia, oak and other woods with either natural, stained, painted or upholstered finishes.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Specialty Retail, Other
- Sub-Industry: Homefurnishing Retail
- Exchange: NYSE
- Symbol: PIR
- CUSIP: 72027910
- Previous Close: $6.87
- 50 Day Moving Average: $7.51
- 200 Day Moving Average: $5.91
- 52-Week Range: $3.73 - $9.68
- Trailing P/E Ratio: 25.63
- Foreward P/E Ratio: 14.62
- P/E Growth: -7.25
- Market Cap: $554.27M
- Outstanding Shares: 80,680,000
- Beta: 1.74
- Net Margins: 1.20%
- Return on Equity: 9.68%
- Return on Assets: 3.13%
Companies Related to Pier 1 Imports:
- Debt-to-Equity Ratio: 0.74%
- Current Ratio: 1.92%
- Quick Ratio: 0.48%
What is Pier 1 Imports' stock symbol?
Pier 1 Imports trades on the New York Stock Exchange (NYSE) under the ticker symbol "PIR."
How often does Pier 1 Imports pay dividends? What is the dividend yield for Pier 1 Imports?
Pier 1 Imports announced a quarterly dividend on Wednesday, December 14th. Investors of record on Wednesday, January 18th will be given a dividend of $0.07 per share on Wednesday, February 1st. This represents a $0.28 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date of this dividend is Friday, January 13th.
Where is Pier 1 Imports' stock going? Where will Pier 1 Imports' stock price be in 2017?
19 equities research analysts have issued twelve-month target prices for Pier 1 Imports' stock. Their forecasts range from $3.50 to $12.00. On average, they expect Pier 1 Imports' share price to reach $6.29 in the next twelve months.
When will Pier 1 Imports announce their earnings?
Pier 1 Imports is scheduled to release their next quarterly earnings announcement on Tuesday, April, 11th 2017.
What are analysts saying about Pier 1 Imports stock?
Here are some recent quotes from research analysts about Pier 1 Imports stock:
According to Zacks Investment Research, "Pier 1 Imports, Inc. consists of a chain of retail stores operating under the names Pier 1 Imports and The Pier, selling a wide variety of furniture, decorative home furnishings, dining and kitchen goods, accessories and other specialty items for the home. Additionally, the company, through certain subsidiaries, operates stores in the United Kingdom under the name The Pier. The company supplies merchandise and licenses the Pier 1 name to Sears Mexico and Sears Puerto Rico. " (2/15/2017)
Credit Suisse Group analysts commented, "We hosted UNFI for meetings and came away cautiously optimistic on the company’s L-T oppty. to reinvigorate sales given its build out the store" strategy and recent sales reorg. However, with some heavy lifting req’d on the integration front and both distribs/retailers facing a difficult N-T operating environment, we find ourselves remaining on the sidelines until we can observe more consistent trends/greater visibility on the sales/EBIT margin front. Recent sales reorg. and cont’d build out the store" strategy hold L-T oppty. to reinvigorate the top line: While too early to provide any update on its recent sales reorg. (completed Aug ’16; centralized into 3 regions and created a single point of contact for each customer across all depts. w/ more freq. sales rep visits), mgmt. spoke constructively on the L-T oppty. to enhance sales. Despite the potential for some N-T sales disruption, we are cautiously optimistic that this simplified model will translate into greater execution of its build out the store" strategy once all categories are carried nationally. M&A likely on hold while recent buying spree is digested: With the company having completed 4 deals in the last 8 months, we believe UNFI will pare back on M&A activity to focus on N-T integration. Although these acquisitions will come with some incremental expenses (largely non cash; e.g. D&A, stock-based comp) that will suppress the flow through to F17 earnings relative to guided sales growth, we believe they will ultimately prove accretive." (9/29/2016)
Citigroup Inc. analysts commented, "Pier 1's preliminary results reinforce the sentiment that the furniture and home furnishing retail environment remains challenged. As noted, despite our long-term favorable outlook on shares of Pier 1, we cannot maintain a more constructive rating in the midst of a CEO transition," (9/8/2016)
Who owns Pier 1 Imports stock?
Pier 1 Imports' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Alden Global Opportunities Master Fund, LP (9.20%), Alden Global Capital LLC (9.46%), Dimensional Fund Advisors LP (6.43%), Alden Global Opportunities Master Fund, LP (4.30%), Renaissance Technologies LLC (2.53%) and State Street Corp (2.24%). Company insiders that own Pier 1 Imports stock include Claire H Babrowski and Gregory Humenesky.
Who sold Pier 1 Imports stock? Who is selling Pier 1 Imports stock?
Pier 1 Imports' stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Gamco Investors INC. ET AL, Alden Global Capital LLC, Gabelli Funds LLC, Federated Investors Inc. PA, O Shaughnessy Asset Management LLC, Metropolitan Life Insurance Co. NY and Teton Advisors Inc..
Who bought Pier 1 Imports stock? Who is buying Pier 1 Imports stock?
Pier 1 Imports' stock was purchased by a variety of institutional investors in the last quarter, including Bogle Investment Management L P DE, Dimensional Fund Advisors LP, Menta Capital LLC, Barrow Hanley Mewhinney & Strauss LLC, Russell Investments Group Ltd., GSA Capital Partners LLP, A.R.T. Advisors LLC and Two Sigma Investments LP.
How do I buy Pier 1 Imports stock?
Shares of Pier 1 Imports can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Pier 1 Imports stock cost?
One share of Pier 1 Imports stock can currently be purchased for approximately $6.87.