Pier 1 Imports Company Profile (NYSE:PIR)

Pier 1 Imports trades on the New York Stock Exchange (NYSE) under the ticker symbol "PIR."

Pier 1 Imports declared a quarterly dividend on Wednesday, June 28th. Shareholders of record on Wednesday, July 19th will be paid a dividend of $0.07 per share on Wednesday, August 2nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 6.93%. The ex-dividend date is Monday, July 17th. View Pier 1 Imports' Dividend History.

Pier 1 Imports, Inc. (NYSE:PIR) released its quarterly earnings data on Wednesday, June, 28th. The company reported ($0.04) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.05) by $0.01. The firm had revenue of $409.50 million for the quarter, compared to analysts' expectations of $420.80 million. Pier 1 Imports had a net margin of 1.82% and a return on equity of 13.96%. The firm's quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.07) earnings per share. View Pier 1 Imports' Earnings History.

Pier 1 Imports is scheduled to release their next quarterly earnings announcement on Tuesday, September, 26th 2017. View Earnings Estimates for Pier 1 Imports.

Pier 1 Imports updated its FY18 earnings guidance on Wednesday, June, 28th. The company provided earnings per share guidance of $0.46-0.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.49. The company issued revenue guidance of +1.5-2.5% to ~$1.86-1.87 billion, compared to the consensus revenue estimate of $1.87 billion.Pier 1 Imports also updated its Q2 guidance to ($0.08-0.04) EPS.

17 brokers have issued 12 month target prices for Pier 1 Imports' stock. Their forecasts range from $3.50 to $8.50. On average, they anticipate Pier 1 Imports' stock price to reach $5.90 in the next twelve months. View Analyst Ratings for Pier 1 Imports.

Here are some recent quotes from research analysts about Pier 1 Imports stock:

• 1. 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. " (7/12/2017)
• 2. 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)

Pier 1 Imports saw a decrease in short interest in July. As of July 14th, there was short interest totalling 14,205,880 shares, a decrease of 15.3% from the June 30th total of 16,769,272 shares. Based on an average daily trading volume, of 2,343,959 shares, the short-interest ratio is presently 6.1 days. Currently, 17.9% of the company's shares are sold short.

Some companies that are related to Pier 1 Imports include Buckle, Inc. (The) (BKE), Abercrombie & Fitch Company (ANF), PC Connection (CNXN), DEBENHAMS ADR (DBHSY), GNC Holdings (GNC), Biglari Holdings (BH), Ruth's Hospitality Group (RUTH), 1-800 FLOWERS.COM (FLWS), Conn's (CONN), Barnes & Noble (BKS), Ingles Markets, Incorporated (IMKTA), Nautilus Group, Inc. (The) (NLS), Jumei International Holding Limited (JMEI), Movado Group (MOV), Farmer Brothers Company (FARM), Haverty Furniture Companies (HVT), Overstock.com (OSTK) and Bojangles' (BOJA).

Pier 1 Imports' management team includes the folowing people:

• Alasdair James, President, Chief Executive Officer
• Jeffrey N. Boyer, Chief Financial Officer, Executive Vice President
• Eric W. Hunter, Executive Vice President - Marketing
• Gregory S. Humenesky, Executive Vice President - Human Resources
• Michael R. Benkel, Executive Vice President - Planning and Allocations
• Catherine A. David, Executive Vice President - Merchandising
• Andrew Laudato, Senior Vice President, Chief Information Officer
• Michael A. Carter, Senior Vice President - Compliance, General Counsel, Secretary
• Terry E. London, Non-Executive Independent Chairman of the Board
• Claire H. Babrowski, Independent Director

Pier 1 Imports' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.77%), Dimensional Fund Advisors LP (8.46%), JPMorgan Chase & Co. (5.43%), Acadian Asset Management LLC (3.59%), Robeco Institutional Asset Management B.V. (2.41%) and State Street Corp (2.16%). View Institutional Ownership Trends for Pier 1 Imports.

Pier 1 Imports' stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., TIAA CREF Investment Management LLC, Ameriprise Financial Inc., Systematic Financial Management LP, Acadian Asset Management LLC, New York State Common Retirement Fund, Russell Investments Group Ltd. and Wells Fargo & Company MN. View Insider Buying and Selling for Pier 1 Imports.

Pier 1 Imports' stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Gotham Asset Management LLC, Maverick Capital Ltd., Menta Capital LLC, OxFORD Asset Management LLP, Numeric Investors LLC, Nationwide Fund Advisors and Dimensional Fund Advisors LP. View Insider Buying and Selling for Pier 1 Imports.

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.

One share of Pier 1 Imports stock can currently be purchased for approximately $4.04.