NYSE:TPR - Tapestry Stock Price, Forecast & News

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 dividend on an annualized basis and a yield of 4.68%. The ex-dividend date is Thursday, December 5th. View Tapestry's Dividend History.

Tapestry Inc (NYSE:TPR) issued its quarterly earnings results on Tuesday, November, 5th. The luxury accessories retailer reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 company's revenue was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.48 EPS. 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.

26 equities research analysts have issued 1 year price objectives for Tapestry's stock. Their forecasts range from $22.00 to $52.00. On average, they anticipate Tapestry's stock price to reach $31.16 in the next year. This suggests a possible upside of 7.9% from the stock's current price. View Analyst Price Targets for Tapestry.

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

Media stories about TPR stock have trended somewhat negative on Sunday, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tapestry earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave news articles about the luxury accessories retailer a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely 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 December. As of December 13th, there was short interest totalling 8,030,000 shares, a drop of 22.7% from the November 28th total of 10,390,000 shares. Based on an average daily trading volume, of 4,440,000 shares, the short-interest ratio is currently 1.8 days. Approximately 2.9% of the company's shares 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), Michael Kors (KORS), Hanesbrands (HBI), 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 Quiksilver (ZQKSQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tapestry investors own include Intel (INTC), Cisco Systems (CSCO), Gilead Sciences (GILD), Ford Motor (F), AT&T (T), Exxon Mobil (XOM), Bank of America (BAC), Pfizer (PFE), Caterpillar (CAT) and Schlumberger (SLB).

Tapestry's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Ingalls & Snyder LLC (0.11%), State of Alaska Department of Revenue (0.07%), Greylin Investment Mangement Inc. (0.03%), Alpine Global Management LLC (0.03%), DNB Asset Management AS (0.03%) and Hennessy Advisors Inc. (0.02%). 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 Commerzbank Aktiengesellschaft FI, Ingalls & Snyder LLC, State of Alaska Department of Revenue, Radnor Capital Management LLC, Boltwood Capital Management, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hennessy Advisors Inc. and IFM Investors Pty Ltd. Company insiders that have sold Tapestry company stock in the last year include Annabelle Yu Long and Sarah Dunn. View Insider Buying and Selling for Tapestry.

TPR stock was bought by a variety of institutional investors in the last quarter, including Greylin Investment Mangement Inc., Alpine Global Management LLC, Assenagon Asset Management S.A., DNB Asset Management AS, Cerebellum GP LLC, Wedbush Securities Inc. and FNY Investment Advisers 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 $28.89.

Tapestry has a market capitalization of $7.97 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.