Tapestry Stock Forecast, Price & News

Tapestry (NYSE:TPR) Frequently Asked Questions

Is Tapestry a buy right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last year. There are currently 7 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Tapestry stock.
View analyst ratings for Tapestry or view top-rated stocks.

What stocks does MarketBeat like better than Tapestry?

Wall Street analysts have given Tapestry a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Tapestry wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Tapestry?

Tapestry saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 3,220,000 shares, a decline of 42.7% from the August 15th total of 5,620,000 shares. Based on an average daily trading volume, of 3,300,000 shares, the short-interest ratio is currently 1.0 days. Currently, 1.2% of the company's shares are sold short.
View Tapestry's Short Interest.

When is Tapestry's next earnings date?

Tapestry is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Tapestry.

How were Tapestry's earnings last quarter?

Tapestry, Inc. (NYSE:TPR) announced its quarterly earnings data on Wednesday, August, 18th. The luxury accessories retailer reported $0.74 EPS for the quarter, topping the Zacks' consensus estimate of $0.69 by $0.05. The luxury accessories retailer had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.56 billion. Tapestry had a net margin of 14.52% and a trailing twelve-month return on equity of 28.77%. The company's quarterly revenue was up 126.0% on a year-over-year basis. During the same quarter last year, the firm posted ($0.25) earnings per share.
View Tapestry's earnings history.

How has Tapestry's stock been impacted by COVID-19 (Coronavirus)?

Tapestry's stock was trading at $17.57 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TPR stock has increased by 126.2% and is now trading at $39.74.
View which stocks have been most impacted by COVID-19.

How often does Tapestry pay dividends? What is the dividend yield for Tapestry?

Tapestry announced a quarterly dividend on Friday, August 20th. Stockholders of record on Tuesday, September 7th will be paid a dividend of $0.25 per share on Monday, September 27th. This represents a $1.00 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend is Friday, September 3rd.
View Tapestry's dividend history.

Is Tapestry a good dividend stock?

Tapestry pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.53%. The dividend payout ratio of Tapestry is 33.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tapestry will have a dividend payout ratio of 27.40% next year. This indicates that Tapestry will be able to sustain or increase its dividend.
View Tapestry's dividend history.

What guidance has Tapestry issued on next quarter's earnings?

Tapestry updated its FY 2022 earnings guidance on Thursday, September, 16th. The company provided EPS guidance of $3.300-$3.350 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.180. The company issued revenue guidance of $6.40 billion-$6.40 billion, compared to the consensus revenue estimate of $6.08 billion.

What price target have analysts set for TPR?

21 brokers have issued 1 year price objectives for Tapestry's stock. Their forecasts range from $31.00 to $65.00. On average, they expect Tapestry's share price to reach $45.50 in the next year. This suggests a possible upside of 14.5% from the stock's current price.
View analysts' price targets for Tapestry or view top-rated stocks among Wall Street analysts.

Who are Tapestry's key executives?

Tapestry's management team includes the following people:

• Joanne C. Crevoiserat, President, Chief Executive Officer & Director
• Thomas A. Glaser, Chief Operating Officer
• Scott A. Roe, Chief Financial Officer & Head-Strategy
• Ashish Parmar, Chief Information Officer & Senior Vice President
• David E. Howard, Secretary, Senior Vice President & General Counsel

What is Todd Kahn's approval rating as Tapestry's CEO?

34 employees have rated Tapestry CEO Todd Kahn on Glassdoor.com. Todd Kahn has an approval rating of 84% among Tapestry's employees.

Who are some of Tapestry's key competitors?

Some companies that are related to Tapestry include V.F. (VFC), Ralph Lauren (RL), PVH (PVH), Hanesbrands (HBI), Columbia Sportswear (COLM), Carter's (CRI), Oxford Industries (OXM), G-III Apparel Group (GIII), Movado Group (MOV), Fossil Group (FOSL), Vera Bradley (VRA), Delta Apparel (DLA) and Boardriders (ZQKSQ).
View all of TPR's competitors.

What other stocks do shareholders of Tapestry own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tapestry investors own include Intel (INTC), AT&T (T), Wells Fargo & Company (WFC), Ford Motor (F), Exxon Mobil (XOM), Gilead Sciences (GILD), QUALCOMM (QCOM), Pfizer (PFE), Capri (CPRI) and Cisco Systems (CSCO).

What is Tapestry's stock symbol?

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

Who are Tapestry's major shareholders?

Tapestry's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (11.66%), Vanguard Group Inc. (10.84%), BlackRock Inc. (8.29%), JPMorgan Chase & Co. (6.60%), State Street Corp (3.55%) and Boston Partners (2.65%). Company insiders that own Tapestry stock include David E Howard, Ivan Menezes, John P Bilbrey, Manesh Dadlani, Sarah Dunn and Todd Kahn.
View institutional ownership trends for Tapestry.

Which institutional investors are selling Tapestry stock?

TPR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of New York Mellon Corp, Goldman Sachs Group Inc., Alliancebernstein L.P., Bank of Nova Scotia, Victory Capital Management Inc., Ariel Investments LLC, and Franklin Resources Inc.. Company insiders that have sold Tapestry company stock in the last year include David E Howard, Ivan Menezes, Manesh Dadlani, Sarah Dunn, and Todd Kahn.
View insider buying and selling activity for Tapestry or view top insider-selling stocks.

Which institutional investors are buying Tapestry stock?

TPR stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Westfield Capital Management Co. LP, Vanguard Group Inc., AGF Investments Inc., Amundi, State of Wisconsin Investment Board, AQR Capital Management LLC, and C Partners Holding GmbH.
View insider buying and selling activity for Tapestry or or view top insider-buying stocks.

How do I buy shares of Tapestry?

Shares of TPR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Tapestry's stock price today?

One share of TPR stock can currently be purchased for approximately $39.74.

How much money does Tapestry make?

Tapestry has a market capitalization of $11.11 billion and generates $5.75 billion in revenue each year. The luxury accessories retailer earns $834.20 million in net income (profit) each year or $2.97 on an earnings per share basis.

How many employees does Tapestry have?

Tapestry employs 17,300 workers across the globe.

Does Tapestry have any subsidiaries?

The following companies are subsidiares of Tapestry: 17052011 Limited, 504-514 West 34th Street Corp., B.B. SAS, Coach (US) Partnership LLC, Coach Brasil Participações Ltda, Coach Consulting Dongguan Co. Ltd., Coach Holdings Partnership (UK) LP, Coach Hong Kong Limited, Coach IP Holdings LLC, Coach International Holdings Sàrl, Coach International Limited, Coach International UK Holdings Limited, Coach Italy S.r.l., Coach Japan Investments LLC, Coach Korea Limited, Coach Leatherware (Thailand) Ltd., Coach Leatherware India Private Limited, Coach Legacy Yards LLC, Coach Legacy Yards Lender LLC, Coach Luxembourg Financing S.a.r.l, Coach Malaysia SDN. BHD., Coach Management (Shanghai) Co. Ltd., Coach Manufacturing Limited, Coach Netherlands B.V., Coach New Zealand, Coach Operations Singapore Pte. Ltd., Coach Services Inc., Coach Shanghai Limited, Coach Singapore Pte. Ltd., Coach Spain S.L., Coach Stores Australia PTY LTD, Coach Stores Austria GmbH, Coach Stores Belgium, Coach Stores Canada Corporation, Coach Stores France SARL, Coach Stores Germany GmbH, Coach Stores Ireland Limited, Coach Stores Limited, Coach Stores Puerto Rico Inc., Coach Stores Switzerland GmbH, Coach Stores Unipessoal LDA, Coach Thailand Holdings LLC, Coach Vietnam Company Limited, Creaciones S.W. S.A., FNP Holdings LLC, Fifth & Pacific Companies Canada Inc, Fifth & Pacific Companies Cosmetics Inc., Fifth & Pacific Companies Foreign Holdings LLC, Hope Diamon S.L., IP Holdings 2017 LLC, Juicy Couture Inc., KS China Co. Ltd., KS HMT Co. Limited, Karucci LLC, Kate Spade & Company, Kate Spade & Company International Limited, Kate Spade Holdings LLC, Kate Spade LLC, Kate Spade Macau Limited, Kate Spade Puerto Rico LLC, Kate Spade Retail Hong Kong Limited, Kate Spade UK Ltd., Liz Foreign B.V., Lizzy Mae LLC, MFE Limited, Mocaroni S.L., Preparaciones y Moldeados SL, SW Luxembourg Holdings, SW-Italy LLC, Shanghai Kate Spade Trading Co. Ltd., Shoe Heaven S.L., Shoes By Stuart S.L.U., Stuart Weitzman Holdings LLC, Stuart Weitzman IP LLC, Stuart Weitzman International UK Holdings Limited, Stuart Weitzman Monaco S.A.R.L., Stuart Weitzman UK Holdings Limited, Sunburst S.L., Tapestry (Cambodia) Company Limited, Tapestry International US Holdings LLC, Tapestry Japan LLC, Tapestry Myanmar Limited, Tapestry Ventures International LLC, WCFL Holdings LLC, and Westcoast Contempo Fashions Limited.

When was Tapestry founded?

Tapestry was founded in 1941.

What is Tapestry's official website?

The official website for Tapestry is www.tapestry.com.

Where are Tapestry's headquarters?

Tapestry is headquartered at 10 HUDSON YARDS, NEW YORK NY, 10001.

How can I contact Tapestry?

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.