Pier 1 Imports Company Profile (NYSE:PIR)

About Pier 1 Imports

Pier 1 Imports logoPier 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
Key Metrics:
  • 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%
  • Debt-to-Equity Ratio: 0.74%
  • Current Ratio: 1.92%
  • Quick Ratio: 0.48%
Additional Links:
Companies Related to Pier 1 Imports:

Analyst Ratings

Consensus Ratings for Pier 1 Imports (NYSE:PIR) (?)
Ratings Breakdown: 5 Sell Ratings, 11 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 1.89)
Consensus Price Target: $6.29 (8.44% downside)

Analysts' Ratings History for Pier 1 Imports (NYSE:PIR)
DateFirmActionRatingPrice TargetDetails
1/4/2017Loop CapitalInitiated CoverageBuy$12.00View Rating Details
12/21/2016Jefferies Group LLCReiterated RatingHold$4.50 -> $7.25View Rating Details
12/19/2016Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformView Rating Details
12/16/2016GuggenheimReiterated RatingNeutralView Rating Details
12/15/2016WedbushBoost Price TargetNeutral$4.00 -> $8.00View Rating Details
12/15/2016Johnson RiceUpgradeHold -> AccumulateView Rating Details
12/15/2016Telsey Advisory GroupBoost Price TargetMarket Perform$5.50 -> $7.00View Rating Details
9/29/2016Credit Suisse GroupReiterated RatingSell$4.00View Rating Details
9/29/2016NomuraReiterated RatingBuy$8.50View Rating Details
9/29/2016BTIG ResearchReiterated RatingSell$3.50View Rating Details
9/8/2016Deutsche Bank AGLower Price TargetSell$5.00 -> $3.75View Rating Details
9/8/2016Raymond James Financial, Inc.DowngradeStrong-Buy -> Market PerformView Rating Details
9/8/2016CannDowngradeStrong-Buy -> Market PerformView Rating Details
9/8/2016Citigroup Inc.DowngradeStrong-Buy -> Market PerformView Rating Details
6/30/2016Bank of America CorpReiterated RatingSellView Rating Details
6/22/2016Wolfe ResearchUpgradeUnderperform -> Peer PerformView Rating Details
6/16/2016Longbow ResearchInitiated CoverageNeutralView Rating Details
5/29/2016Topeka Capital MarketsInitiated CoverageBuy$12.00 -> $5.48View Rating Details
5/3/2016ArgusReiterated RatingHoldView Rating Details
4/16/2016Morgan StanleyReiterated RatingUnderweight$4.00View Rating Details
12/17/2015SunTrust Banks, Inc.Lower Price TargetNeutral$8.00 -> $7.00View Rating Details
12/17/2015Cantor FitzgeraldDowngradeBuy -> Hold$13.00 -> $5.00View Rating Details
11/2/2015KeyCorpLower Price TargetBuy$19.00 -> $18.00View Rating Details
11/2/2015Barclays PLCLower Price TargetEqual Weight$14.00 -> $11.00View Rating Details
(Data available from 2/26/2015 forward)


Earnings History for Pier 1 Imports (NYSE:PIR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/14/2016Q3 2017$0.13$0.22$475.90 millionViewListenView Earnings Details
9/28/2016Q2($0.05)($0.05)$405.80 millionViewListenView Earnings Details
6/29/2016Q1($0.05)($0.07)$418.40 millionViewListenView Earnings Details
4/13/2016Q416$0.21$0.23$524.13 million$535.70 millionViewListenView Earnings Details
12/16/2015Q316$0.12$0.13$492.82 million$472.50 millionViewListenView Earnings Details
9/24/2015Q216$0.07$0.04$430.00 millionViewListenView Earnings Details
6/17/2015Q116$0.08$0.08$432.00 millionViewListenView Earnings Details
4/8/2015Q415$0.36$0.37$543.60 millionViewListenView Earnings Details
12/18/2014Q315$0.20$0.20$484.50 millionViewListenView Earnings Details
9/17/2014Q215$0.65$0.10$418.60 millionViewListenView Earnings Details
6/19/2014Q115$0.20$0.16$422.43 million$419.10 millionViewListenView Earnings Details
4/10/2014Q414$0.41$0.41$512.76 million$515.80 millionViewListenView Earnings Details
12/19/2013Q3$0.28$0.26$462.14 million$465.46 millionViewListenView Earnings Details
9/19/2013Q2 2014$0.21$0.19$404.64 million$395.60 millionViewListenView Earnings Details
6/20/2013Q1 2014$0.19$0.19$395.02 million$394.85 millionViewListenView Earnings Details
4/11/2013Q4 2013$0.60$0.60$551.44 million$551.60 millionViewListenView Earnings Details
12/13/20120.25$0.24$0.25$420.36 million$420.36 millionViewListenView Earnings Details
9/13/2012Q213$0.19$0.19$367.17 million$367.60 millionViewN/AView Earnings Details
6/14/2012$0.16$0.16ViewN/AView Earnings Details
4/5/2012$0.49$0.48ViewN/AView Earnings Details
12/15/2011$0.21$0.21ViewN/AView Earnings Details
9/15/2011$0.14$0.14ViewN/AView Earnings Details
6/16/2011$0.11$0.12ViewN/AView Earnings Details
4/7/2011$0.47$0.48ViewN/AView Earnings Details
12/16/2010$0.14$0.18$352.77 million$353.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Pier 1 Imports (NYSE:PIR)
Current Year EPS Consensus Estimate: $0.40 EPS
Next Year EPS Consensus Estimate: $0.47 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.20$0.35$0.23
Q2 20166$0.03$0.10$0.07
Q3 20166$0.01$0.06$0.04
Q4 20168$0.14$0.18$0.16
Q1 20177($0.07)$0.33$0.16
Q2 20176($0.06)($0.01)($0.04)
Q3 20176$0.06$0.15$0.12
Q4 20176$0.29$0.32$0.31
Q1 20184($0.05)$0.01($0.03)
Q2 20184($0.05)$0.01($0.03)
Q3 20184$0.15$0.23$0.20
Q4 20184$0.27$0.38$0.32
(Data provided by Zacks Investment Research)


Current Dividend Information for Pier 1 Imports (NYSE:PIR)
Annual Dividend:$0.28
Dividend Yield:4.08%
Dividend Growth:11.90% (3 Year Average)
Payout Ratio:100.00% (Based on Trailing 12 Months of Earnings)
70.00% (Based on Current Year Consensus EPS Estimate)
59.57% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for Pier 1 Imports (NYSE:PIR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Pier 1 Imports (NYSE:PIR)
Insider Ownership Percentage: 5.58%
Institutional Ownership Percentage: 83.53%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/17/2015Claire H BabrowskiDirectorBuy2,000$13.24$26,480.00View SEC Filing  
4/16/2015Gregory HumeneskyEVPSell20,000$13.32$266,400.00View SEC Filing  
1/20/2015Michael R BenkelVPSell10,000$16.16$161,600.00View SEC Filing  
1/5/2015Charles H TurnerCFOSell3,000$15.00$45,000.00View SEC Filing  
1/2/2015Gregory HumeneskyEVPSell5,000$15.48$77,400.00View SEC Filing  
12/19/2014Gregory HumeneskyEVPSell15,000$15.00$225,000.00View SEC Filing  
12/11/2014Charles H TurnerCFOSell3,000$13.31$39,930.00View SEC Filing  
11/10/2014Charles H TurnerCFOSell3,000$13.21$39,630.00View SEC Filing  
10/13/2014Charles H TurnerCFOSell3,000$11.99$35,970.00View SEC Filing  
9/10/2014Charles H TurnerCFOSell3,000$15.20$45,600.00View SEC Filing  
9/2/2014Gregory HumeneskyEVPSell5,000$15.75$78,750.00View SEC Filing  
8/22/2014Gregory HumeneskyEVPSell5,000$15.78$78,900.00View SEC Filing  
8/11/2014Charles H TurnerCFOSell3,000$15.53$46,590.00View SEC Filing  
7/17/2014Claire H BabrowskiDirectorBuy2,600$15.56$40,456.00View SEC Filing  
7/1/2014Charles H TurnerCFOSell2,500$15.42$38,550.00View SEC Filing  
6/2/2014Charles H TurnerCFOSell2,500$17.64$44,100.00View SEC Filing  
5/1/2014Charles TurnerCFOSell2,500$18.29$45,725.00View SEC Filing  
5/1/2014Sharon LeiteEVPSell17,000$18.22$309,740.00View SEC Filing  
4/11/2014Gregory HumeneskyEVPSell25,000$17.92$448,000.00View SEC Filing  
4/1/2014Charles TurnerCFOSell2,500$18.91$47,275.00View SEC Filing  
3/3/2014Charles TurnerCFOSell2,500$18.68$46,700.00View SEC Filing  
2/26/2014Charles TurnerCFOSell15,000$20.00$300,000.00View SEC Filing  
2/10/2014Charles TurnerCFOSell2,500$18.88$47,200.00View SEC Filing  
1/16/2014Michael CarterGeneral CounselSell18,000$20.48$368,640.00View SEC Filing  
1/15/2014John BurgoyneDirectorSell12,000$20.39$244,680.00View SEC Filing  
12/23/2013Alex SmithCEOSell28,000$22.45$628,600.00View SEC Filing  
12/2/2013Charles TurnerCFOSell10,000$22.20$222,000.00View SEC Filing  
11/25/2013Alex SmithCEOSell14,000$22.17$310,380.00View SEC Filing  
11/14/2013Alex SmithCEOSell14,000$22.01$308,140.00View SEC Filing  
11/1/2013Charles H TurnerCFOSell2,000$20.88$41,760.00View SEC Filing  
9/3/2013Charles TurnerCFOSell10,000$22.28$222,800.00View SEC Filing  
8/2/2013Donald L KinnisonVPSell25,000$23.81$595,250.00View SEC Filing  
8/1/2013Charles TurnerCFOSell10,000$23.68$236,800.00View SEC Filing  
7/26/2013Michael A CarterGeneral CounselSell50,000$23.22$1,161,000.00View SEC Filing  
7/12/2013Terry E LondonDirectorSell5,000$24.26$121,300.00View SEC Filing  
7/2/2013Gregory HumeneskyEVPSell30,000$23.44$703,200.00View SEC Filing  
7/1/2013Charles H TurnerCFOSell10,000$23.56$235,600.00View SEC Filing  
6/3/2013Charles H TurnerCFOSell10,000$23.20$232,000.00View SEC Filing  
5/14/2013Alex SmithCEOSell150,000$25.01$3,751,500.00View SEC Filing  
4/30/2013Laura A CoffeyDirectorSell7,500$23.06$172,950.00View SEC Filing  
4/11/2013Alex SmithCEOSell70,000$23.57$1,649,900.00View SEC Filing  
4/11/2013Charles H TurnerCFOSell63,000$23.84$1,501,920.00View SEC Filing  
1/18/2013Michael R BenkelVPSell10,000$21.98$219,800.00View SEC Filing  
11/1/2012Charles H TurnerCFOSell72,000$20.82$1,499,040.00View SEC Filing  
10/5/2012Alex SmithCEOSell30,000$19.02$570,600.00View SEC Filing  
10/4/2012Charles H TurnerCFOSell1,000$19.00$19,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Pier 1 Imports (NYSE:PIR)
News IconLevels in Review on Shares of Pier 1 Imports, Inc. (NYSE:PIR) - Midway Monitor (NYSE:PIR)
midwaymonitor.com - February 25 at 1:24 AM
News IconEarnings Guidance on Pier 1 Imports, Inc.(PIR) - Energy Index (NYSE:PIR)
www.energyindexwatch.com - February 23 at 9:00 AM
thestreet.com logoPier 1 Imports Stock Jumps, Maintains Holiday Guidance (NYSE:PIR)
www.thestreet.com - February 23 at 9:00 AM
News IconMA Watch on Shares of Pier 1 Imports Inc (PIR) - Davidson Register (NYSE:PIR)
davidsonregister.com - February 21 at 5:39 PM
News IconAnalysts Peer Into Their Crystal Balls For Pier 1 Imports, Inc. (NYSE:PIR): Where Is It headed? - Winfield Review (NYSE:PIR)
winfieldreview.com - February 21 at 5:39 PM
News IconStock Price of Pier 1 Imports, Inc. (PIR) Decreases -5.6% - Highland Mirror (NYSE:PIR)
www.highlandmirror.com - February 21 at 5:39 PM
News IconA look at the intrinsic value of Pier 1 Imports Inc (PIR) (NYSE:PIR)
simplywall.st - February 19 at 6:13 PM
News IconPier 1 Imports, Inc. (NYSE:PIR) EPS Projection Set At $0.3317 ... - Transcript Daily (NYSE:PIR)
transcriptdaily.com - February 18 at 10:48 AM
News IconDividend Growth of Pier 1 Imports, Inc.(PIR) - Highland Mirror (NYSE:PIR)
www.highlandmirror.com - February 18 at 10:48 AM
News IconTrading Focus: Eye on Shares of Pier 1 Imports Inc. (PIR) - Baldwin Journal (NYSE:PIR)
baldwinjournal.com - February 13 at 11:10 PM
News IconPier 1 Imports, Inc. (PIR): How technical signals have emerged ... - Post Analyst (NYSE:PIR)
postanalyst.com - February 9 at 9:28 PM
realistinvestor.com logoThe Growth Forecast For Pier 1 Imports, Inc. (NYSE:PIR) - RealistInvestor.com (NYSE:PIR)
www.realistinvestor.com - February 9 at 9:28 PM
News IconPier 1 Imports, Inc. (NYSE:PIR) Consensus Price At $6.257 ... - Transcript Daily (NYSE:PIR)
transcriptdaily.com - February 9 at 9:28 PM
reuters.com logoBRIEF-Pier 1 Imports reiterates Q4 and FY 2017 financial guidance (NYSE:PIR)
www.reuters.com - February 8 at 8:12 PM
biz.yahoo.com logoPIER 1 IMPORTS INC/DE Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:PIR)
us.rd.yahoo.com - February 8 at 8:12 PM
seekingalpha.com logoPier 1 Imports higher after backing holiday quarter guidance (NYSE:PIR)
seekingalpha.com - February 8 at 9:39 AM
News IconWhat Analysts Report Shows About Pier 1 Imports, Inc. (NYSE:PIR)? - Transcript Daily (NYSE:PIR)
transcriptdaily.com - February 8 at 2:04 AM
streetinsider.com logoPier 1 Imports (PIR) Reaffirms Q4 and FY Guidance - StreetInsider.com (NYSE:PIR)
www.streetinsider.com - February 8 at 2:04 AM
streetinsider.com logoPier 1 Imports (PIR) Reaffirms Q4 and FY Guidance (NYSE:PIR)
www.streetinsider.com - February 7 at 9:03 PM
finance.yahoo.com logoPier 1 Imports, Inc. Reiterates Fourth Quarter and Full-Year Fiscal 2017 Financial Guidance (NYSE:PIR)
finance.yahoo.com - February 7 at 9:02 PM
News IconQuarterly Financial Watch for Pier 1 Imports, Inc. (NYSE:PIR) - The Newburgh Press (NYSE:PIR)
newburghpress.com - February 3 at 8:03 PM
News IconPier 1 Imports, Inc. (PIR): What's the Story? - StockNewsJournal (NYSE:PIR)
stocknewsjournal.com - January 31 at 12:57 AM
capitalcube.com logoPier 1 Imports, Inc. – Value Analysis (NYSE:PIR) : January 30, 2017 (NYSE:PIR)
www.capitalcube.com - January 30 at 7:55 PM
bizjournals.com logoPier 1's interim CEO taking home $1 million (NYSE:PIR)
www.bizjournals.com - January 30 at 7:55 PM
News IconTaking a Look at the Chart for Pier 1 Imports, Inc. (PIR) - The USA Commerce (NYSE:PIR)
theusacommerce.com - January 30 at 12:45 AM
News IconPier 1 Imports, Inc. (NYSE:PIR) Price Target Expected At $6.257 - Transcript Daily (NYSE:PIR)
transcriptdaily.com - January 30 at 12:45 AM
capitalcube.com logoPier 1 Imports, Inc. breached its 50 day moving average in a Bearish Manner : PIR-US : January 27, 2017 (NYSE:PIR)
www.capitalcube.com - January 28 at 5:41 AM
News IconEarnings in Full Force, Analysts Take Aim at Pier 1 Imports, Inc. (NYSE:PIR) - Wall Street Beacon (NYSE:PIR)
wsbeacon.com - January 26 at 5:53 AM
nasdaq.com logoIs Pier 1 Imports (PIR) Stock A Great Combo of Value and Growth? - Nasdaq (NYSE:PIR)
www.nasdaq.com - January 26 at 12:53 AM
finance.yahoo.com logoIs Pier 1 Imports (PIR) Stock A Great Combo of Value and Growth? (NYSE:PIR)
finance.yahoo.com - January 26 at 12:53 AM
News IconPier 1 Imports (NYSE:PIR)- Analysts Forecasting Profitability Indicators: Dunkin' Brands Group, Inc. (NASDAQ:DNKN) - Street Wise Report (press release) (blog) (NYSE:PIR)
streetwisereport.com - January 24 at 8:37 AM
News IconEarnings Analysis & Update for Pier 1 Imports, Inc. (NYSE:PIR)? - Aiken Advocate (NYSE:PIR)
aikenadvocate.com - January 24 at 8:37 AM
News IconStock Backsliding Ahead of the Bell: Pier 1 Imports, Inc. (NYSE:PIR) - Aiken Advocate (NYSE:PIR)
aikenadvocate.com - January 24 at 12:34 AM
bizjournals.com logoPier 1 activist investor halves stake in company, makes big profit (NYSE:PIR)
www.bizjournals.com - January 23 at 7:33 PM
News IconPier 1 Imports, Inc. (NYSE:PIR) Price Forecast For Stock At $6.257 - Transcript Daily (NYSE:PIR)
transcriptdaily.com - January 21 at 6:58 PM
capitalcube.com logoETFs with exposure to Pier 1 Imports, Inc. : January 20, 2017 (NYSE:PIR)
www.capitalcube.com - January 20 at 8:05 PM
News IconStock Roundup: Pier 1 Imports, Inc. (NYSE:PIR) (NYSE:PIR)
istreetresearch.com - January 20 at 1:17 AM
News IconConsiderable Dividend Stock: Pier 1 Imports, Inc. (NYSE:PIR) (NYSE:PIR)
nflnewsdesk.com - January 20 at 1:17 AM
seekingalpha.com logoAlden Global reduces stake in Pier 1 Imports (NYSE:PIR)
seekingalpha.com - January 20 at 1:17 AM
News IconPier 1 Imports, Inc. (NYSE:PIR):Brokerage Firm Rating Analysis (NYSE:PIR)
hypelee.com - January 20 at 1:17 AM
News IconThePier 1 Imports Inc. (PIR) Rating Reiterate by Wedbush (NYSE:PIR)
vgtoday.net - January 20 at 1:17 AM
News IconStock to Track: Pier 1 Imports Inc (NYSE:PIR) (NYSE:PIR)
xboxonezone.com - January 20 at 1:17 AM
thestreet.com logoAlden Global Lowers Pier 1 Stake: 'Much Ado About Nothing,' Analyst Says (NYSE:PIR)
www.thestreet.com - January 20 at 1:17 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Pier 1 Imports, Inc. (NYSE:PIR) - Wall Street Beacon (NYSE:PIR)
wsbeacon.com - January 18 at 12:36 AM
News IconABR Of Pier 1 Imports, Inc. (NYSE:PIR) At 3.16 - Stock Observer (NYSE:PIR)
www.thestockobserver.com - January 18 at 12:36 AM
nasdaq.com logoStrategy To YieldBoost Pier 1 Imports To 16.3% Using Options (NYSE:PIR)
www.nasdaq.com - January 17 at 7:36 PM
News IconPier 1 Imports Inc (NYSE:PIR) Entered 2017 With President And CEO’s Departure (NYSE:PIR)
www.financialstrend.com - January 17 at 11:02 AM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Rush Enterprises, America's Car-Mart, Pier 1 Imports, Masonite International, Barnes & Noble and DICK's Sporting Goods (NYSE:PIR)
finance.yahoo.com - January 17 at 11:01 AM
finance.yahoo.com logo6 Stocks to Buy on Strong Retail Sales (NYSE:PIR)
finance.yahoo.com - January 16 at 7:43 PM
investopedia.com logoPier 1 Imports Stock Trades Ex-Dividend Friday (PIR) (NYSE:PIR)
www.investopedia.com - January 15 at 12:18 AM


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 declared a quarterly dividend on Wednesday, December 14th. Investors of record on Wednesday, January 18th will be paid a dividend of $0.07 per share on Wednesday, February 1st. This represents a $0.28 annualized dividend and a yield of 4.08%. The ex-dividend date is Friday, January 13th.

Where is Pier 1 Imports' stock going? Where will Pier 1 Imports' stock price be in 2017?

19 brokers have issued 12-month target prices for Pier 1 Imports' shares. 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 year.

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 retail and institutional investors. Top institutional investors 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.

Pier 1 Imports (NYSE:PIR) Chart for Sunday, February, 26, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Pier 1 Imports (NYSE:PIR)

Earnings History Chart

Earnings by Quarter for Pier 1 Imports (NYSE:PIR)

Dividend History Chart

Dividend Payments by Quarter for Pier 1 Imports (NYSE:PIR)

Last Updated on 2/26/2017 by MarketBeat.com Staff