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, 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 annualized dividend and a yield of 5.25%. The ex-dividend date is Thursday, December 5th. View Tapestry's Dividend History.

Tapestry Inc (NYSE:TPR) released its earnings results on Tuesday, November, 5th. The luxury accessories retailer reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.03. The luxury accessories retailer earned $1.36 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the business 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 equities research analysts have issued 12-month price objectives for Tapestry's shares. Their forecasts range from $22.00 to $52.00. On average, they anticipate Tapestry's share price to reach $32.00 in the next year. This suggests a possible upside of 24.2% 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.

News headlines about TPR stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tapestry earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave news articles 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 term. 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 trading volume, of 5,870,000 shares, the short-interest ratio is currently 2.3 days. Currently, 4.7% of the shares of the company 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), Cisco Systems (CSCO), Gilead Sciences (GILD), 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 many different 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 bought 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 $25.77.

Tapestry has a market capitalization of $7.11 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.