Tapestry Stock Price, News & 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. Stockholders of record on Friday, September 6th will be given a dividend of $0.338 per share on Monday, September 30th. This represents a $1.35 dividend on an annualized basis and a dividend yield of 5.29%. The ex-dividend date of this dividend is Thursday, September 5th. This is a positive change from Tapestry's previous quarterly dividend of $0.34. View Tapestry's Dividend History.

Tapestry Inc (NYSE:TPR) issued its quarterly earnings results on Thursday, August, 15th. The luxury accessories retailer reported $0.61 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.61. The luxury accessories retailer had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.53 billion. Tapestry had a return on equity of 21.64% and a net margin of 10.68%. Tapestry's quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 EPS. View Tapestry's Earnings History.

Tapestry is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Tapestry.

28 analysts have issued twelve-month target prices for Tapestry's stock. Their forecasts range from $22.00 to $52.00. On average, they expect Tapestry's stock price to reach $35.09 in the next year. This suggests a possible upside of 37.3% 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 12 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tapestry.

News articles about TPR stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 -1.5 on InfoTrie's scale. They also assigned press coverage about the luxury accessories retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Tapestry.

Tapestry saw a drop in short interest in September. As of September 30th, there was short interest totalling 15,080,000 shares, a drop of 5.4% from the August 30th total of 15,940,000 shares. Based on an average trading volume of 5,680,000 shares, the short-interest ratio is currently 2.7 days. Approximately 5.3% of the company's stock are short sold. View Tapestry's Current Options Chain.

Some companies that are related to Tapestry include Dollar Tree (DLTR), Mercadolibre (MELI), AutoZone (AZO), Chipotle Mexican Grill (CMG), Fastenal (FAST), Expedia Group (EXPE), Kroger (KR), IAC/InterActiveCorp (IAC), Best Buy (BBY), Restaurant Brands International (QSR), Ctrip.Com International (CTRP), Yum China (YUMC), CarMax (KMX), YAHOO JAPAN COR/ADR (YAHOY) and Ulta Beauty (ULTA).

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), Wells Fargo & Co (WFC), Bank of America (BAC), Ford Motor (F), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ) and QUALCOMM (QCOM).

Tapestry's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Perpetual Ltd (0.28%), Commerzbank Aktiengesellschaft FI (0.22%), Robeco Institutional Asset Management B.V. (0.19%), Ingalls & Snyder LLC (0.17%), Artemis Investment Management LLP (0.15%) and Zurcher Kantonalbank Zurich Cantonalbank (0.11%). 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 Perpetual Ltd, Envestnet Asset Management Inc., Nisa Investment Advisors LLC, Sumitomo Mitsui DS Asset Management Company Ltd, Exane Derivatives, Greylin Investment Mangement Inc., Argus Investors Counsel Inc. and Inlet Private Wealth 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, State of Alaska Department of Revenue, Ingalls & Snyder LLC, Winmill & CO. Inc., Smith Graham & Co. Investment Advisors LP, Meyer Handelman Co. and Oakbrook Investments LLC. 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 $25.56.

Tapestry has a market capitalization of $7.36 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.