NYSE:TPR - Tapestry Stock Price, Forecast & News

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

Tapestry announced a quarterly dividend on Thursday, November 14th. Investors 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 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date of this dividend is Thursday, December 5th. View Tapestry's Dividend History.

Tapestry Inc (NYSE:TPR) posted its quarterly earnings results on Tuesday, November, 5th. The luxury accessories retailer reported $0.40 earnings per share 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 return on equity of 21.17% and a net margin of 9.01%. Tapestry's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business 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.

25 Wall Street analysts have issued 12 month price targets for Tapestry's stock. Their forecasts range from $22.00 to $52.00. On average, they anticipate Tapestry's stock price to reach $31.16 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Price Targets for Tapestry.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last year. There are currently 13 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tapestry.

News coverage about TPR stock has trended somewhat negative recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Tapestry earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned headlines about the luxury accessories retailer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Tapestry.

Tapestry saw a drop in short interest in November. As of November 15th, there was short interest totalling 9,410,000 shares, a drop of 30.0% from the October 31st total of 13,450,000 shares. Based on an average daily volume of 6,170,000 shares, the short-interest ratio is presently 1.5 days. Approximately 3.4% of the company's 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), Michael Kors (KORS), Hanesbrands (HBI), 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 Quiksilver (ZQKSQ).

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), Starbucks (SBUX) and Exxon Mobil (XOM).

Tapestry's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (5.08%), ANTIPODES PARTNERS Ltd (1.23%), Global Thematic Partners LLC (0.42%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Poplar Forest Capital LLC (0.40%) and Perpetual Ltd (0.28%). 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, Millennium Management LLC, Nomura Holdings Inc., First Trust Advisors LP, CWM LLC and Strs Ohio. Company insiders that have sold Tapestry company stock in the last year include Annabelle Yu Long and Sarah Dunn. View Insider Buying and Selling for Tapestry.

TPR stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Raging Capital Management LLC, 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 and Man Group plc. 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 $25.94.

Tapestry has a market capitalization of $7.16 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.