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

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

Tapestry declared a quarterly dividend on Thursday, August 15th. Investors 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 dividend on an annualized basis and a yield of 5.36%. The ex-dividend date of this dividend is Thursday, September 5th. This is a boost from Tapestry's previous quarterly dividend of $0.34. View Tapestry's Dividend History.

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

30 brokerages have issued twelve-month price objectives for Tapestry's stock. Their forecasts range from $22.00 to $52.00. On average, they anticipate Tapestry's share price to reach $35.5217 in the next twelve months. This suggests a possible upside of 40.9% from the stock's current price. View Analyst Price Targets for Tapestry.

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last year. There are currently 13 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tapestry.

Press coverage about TPR stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tapestry earned a media sentiment score of -2.9 on InfoTrie's scale. They also gave media headlines about the luxury accessories retailer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Tapestry.

Tapestry saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 10,527,900 shares, an increase of 8.0% from the July 31st total of 9,752,200 shares. Based on an average daily volume of 4,810,000 shares, the short-interest ratio is presently 2.2 days. Approximately 3.7% of the shares of the company are sold short. View Tapestry's Current Options Chain.

Some companies that are related to Tapestry include Tesco (TSCDY), AutoZone (AZO), Mercadolibre (MELI), Dollar Tree (DLTR), Chipotle Mexican Grill (CMG), Kroger (KR), Expedia Group (EXPE), IAC/InterActiveCorp (IAC), Restaurant Brands International (QSR), Fastenal (FAST), Ctrip.Com International (CTRP), Best Buy (BBY), Yum China (YUMC), Darden Restaurants (DRI) and CarMax (KMX).

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), Wells Fargo & Co (WFC), Ford Motor (F), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Starbucks (SBUX) and QUALCOMM (QCOM).

Tapestry's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.16%), Price T Rowe Associates Inc. MD (7.24%), BlackRock Inc. (6.59%), BlackRock Inc. (6.52%), Caisse DE Depot ET Placement DU Quebec (1.84%) and Prudential Financial Inc. (1.70%). 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 AQR Capital Management LLC, BlackRock Inc., BlackRock Inc., Boston Partners, Bank of New York Mellon Corp, Price T Rowe Associates Inc. MD, Foresters Investment Management Company Inc. and Jennison Associates LLC. View Insider Buying and Selling for Tapestry.

TPR stock was purchased by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Nuveen Asset Management LLC, Caisse DE Depot ET Placement DU Quebec, Holocene Advisors LP, Natixis, Natixis, Zacks Investment Management and Becker Capital Management Inc.. 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 $25.21.

Tapestry has a market capitalization of $7.23 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.