Tapestry Stock Forecast, Price & News

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

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.
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Tapestry saw a decline in short interest in 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 trading volume of 3,300,000 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.2% of the shares of the company are short sold.
View Tapestry's Short Interest.

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

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

Tapestry's stock was trading at $17.57 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TPR shares have increased by 120.0% and is now trading at $38.66.
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Tapestry declared 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 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend is Friday, September 3rd.
View Tapestry's dividend history.

Tapestry pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.48%. 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.

Tapestry issued an update on its FY 2022 earnings guidance on Thursday, September, 16th. The company provided earnings per share 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.

21 equities research analysts have issued 1-year target prices 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 17.7% from the stock's current price.
View analysts' price targets for Tapestry or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Tapestry include V.F. (VFC), Ralph Lauren (RL), PVH (PVH), Columbia Sportswear (COLM), Hanesbrands (HBI), 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.

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).

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

Tapestry's stock is owned by a variety 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.

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.

TPR stock was bought 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.

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.
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One share of TPR stock can currently be purchased for approximately $38.66.

Tapestry has a market capitalization of $10.81 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.

Tapestry employs 17,300 workers across the globe.

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.

Tapestry was founded in 1941.

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

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

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.