Tapestry Stock Price, Forecast & Analysis (NYSE:TPR)

Tapestry trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPR."

Tapestry declared a quarterly dividend on Thursday, November 14th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.338 per share on Monday, December 30th. This represents a $1.35 annualized dividend and a dividend yield of 5.02%. The ex-dividend date of this dividend is Thursday, December 5th. View Tapestry's Dividend History.

Tapestry Inc (NYSE:TPR) posted its quarterly earnings data on Tuesday, November, 5th. The luxury accessories retailer reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.03. The luxury accessories retailer earned $1.36 billion during the quarter, compared to the consensus estimate of $1.38 billion. Tapestry had a return on equity of 21.17% and a net margin of 9.01%. The firm's revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.48 earnings per share. View Tapestry's Earnings History.

Tapestry is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Tapestry.

27 brokers have issued 12-month price objectives for Tapestry's stock. Their forecasts range from $22.00 to $52.00. On average, they expect Tapestry's share price to reach $32.00 in the next year. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for Tapestry.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last year. There are currently 14 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tapestry.

Media coverage about TPR stock has been trending extremely negative on Tuesday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tapestry earned a daily sentiment score of -4.6 on InfoTrie's scale. They also gave news stories about the luxury accessories retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Tapestry.

Tapestry saw a drop in short interest in the month of October. As of October 15th, there was short interest totalling 13,450,000 shares, a drop of 10.8% from the September 15th total of 15,080,000 shares. Based on an average daily volume of 5,870,000 shares, the short-interest ratio is currently 2.3 days. Currently, 4.7% of the company's shares are sold short. View Tapestry's Current Options Chain.

Some companies that are related to Tapestry include VF (VFC), Ralph Lauren (RL), PVH (PVH), Columbia Sportswear (COLM), Hanesbrands (HBI), Michael Kors (KORS), Carter's (CRI), G-III Apparel Group (GIII), Oxford Industries (OXM), Movado Group (MOV), Fossil Group (FOSL), Vera Bradley (VRA), Delta Apparel (DLA), Iconix Brand Group (ICON) and Maidenform Brands (MFB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tapestry investors own include Intel (INTC), Gilead Sciences (GILD), Cisco Systems (CSCO), AT&T (T), Ford Motor (F), Wells Fargo & Co (WFC), Bank of America (BAC), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM) and Starbucks (SBUX).

Tapestry's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include ANTIPODES PARTNERS Ltd (1.23%), Global Thematic Partners LLC (0.42%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Poplar Forest Capital LLC (0.40%), Perpetual Ltd (0.28%) and Retirement Systems of Alabama (0.24%). Company insiders that own Tapestry stock include Annabelle Yu Long, Brian Satenstein, Darrell Cavens, Ian Bickley, Ivan Menezes, Sarah Dunn, Susan J Kropf, Todd Kahn and Victor Luis. View Institutional Ownership Trends for Tapestry.

TPR stock was sold by a variety of institutional investors in the last quarter, including ANTIPODES PARTNERS Ltd, Global Thematic Partners LLC, Perpetual Ltd, First Trust Advisors LP, CWM LLC, Strs Ohio, Envestnet Asset Management Inc. and Poplar Forest Capital LLC. View Insider Buying and Selling for Tapestry.

TPR stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Artemis Investment Management LLP, SG Americas Securities LLC, State of New Jersey Common Pension Fund D, Oxbow Advisors LLC, Howe & Rusling Inc., Railway Pension Investments Ltd and State of Alaska Department of Revenue. View Insider Buying and Selling for Tapestry.

Shares of TPR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TPR stock can currently be purchased for approximately $26.94.

Tapestry has a market capitalization of $7.43 billion and generates $6.03 billion in revenue each year. The luxury accessories retailer earns $643.40 million in net income (profit) each year or $2.57 on an earnings per share basis. Tapestry employs 21,000 workers across the globe.View Additional Information About Tapestry.

The official website for Tapestry is http://www.tapestry.com/.

Tapestry's mailing address is 10 HUDSON YARDS, NEW YORK NY, 10001. The luxury accessories retailer can be reached via phone at 212-946-8400.