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

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

Tapestry announced a quarterly dividend on Thursday, August 15th. Shareholders of record on Friday, September 6th will be paid a dividend of $0.338 per share on Monday, September 30th. This represents a $1.35 annualized dividend and a yield of 5.19%. The ex-dividend date of this dividend is Thursday, September 5th. This is an increase from Tapestry's previous quarterly dividend of $0.34. 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 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.37 by $0.03. The luxury accessories retailer earned $1.36 billion during the quarter, compared to analyst estimates of $1.38 billion. Tapestry had a net margin of 9.01% and a return on equity of 21.17%. The firm's quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 EPS. 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.

28 equities research analysts have issued 12-month price targets for Tapestry's stock. Their forecasts range from $22.00 to $52.00. On average, they expect Tapestry's stock price to reach $32.73 in the next twelve months. This suggests a possible upside of 25.7% from the stock's current price. View Analyst Price Targets for Tapestry.

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

News stories about TPR stock have been trending somewhat positive on Thursday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. 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 coverage optimism score of 1.7 on InfoTrie's scale. They also gave news articles 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 company's share price in the next few days. View News Stories for Tapestry.

Tapestry saw a decline in short interest during the month of October. As of October 15th, there was short interest totalling 13,450,000 shares, a decline of 10.8% from the September 15th total of 15,080,000 shares. Based on an average trading volume of 5,870,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 4.7% of the shares of the stock 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), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Starbucks (SBUX) and Verizon Communications (VZ).

Tapestry's stock is owned by a variety 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 acquired 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 $26.03.

Tapestry has a market capitalization of $7.49 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 212-594-1850.