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 given 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 5.38%. 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 data on Thursday, August, 15th. The luxury accessories retailer reported $0.61 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.61. The luxury accessories retailer had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.53 billion. Tapestry had a return on equity of 21.64% and a net margin of 10.68%. The company's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 earnings per share. 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 equities research analysts have issued 12-month price objectives for Tapestry's stock. Their predictions range from $22.00 to $52.00. On average, they expect Tapestry's share price to reach $35.5217 in the next twelve months. This suggests a possible upside of 41.3% 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.

Media headlines about TPR stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tapestry earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned news coverage 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 effect on the stock's share price in the near term. View News Stories for Tapestry.

Tapestry saw a increase in short interest in 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 days-to-cover ratio is presently 2.2 days. Currently, 3.7% of the shares of the company are short sold. View Tapestry's Current Options Chain.

Some companies that are related to Tapestry include AutoZone (AZO), Mercadolibre (MELI), Dollar Tree (DLTR), Chipotle Mexican Grill (CMG), Kroger (KR), Expedia Group (EXPE), IAC/InterActiveCorp (IAC), Restaurant Brands International (QSR), Ctrip.Com International (CTRP), Fastenal (FAST), Best Buy (BBY), Yum China (YUMC), Darden Restaurants (DRI), CARREFOUR SA/S (CRRFY) 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 retail and institutional investors. Top institutional investors 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 bought 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 $25.14.

Tapestry has a market capitalization of $7.21 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.