NYSE:TPR - Tapestry Stock Price, Forecast & News

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

Tapestry declared a quarterly dividend on Thursday, November 14th. Shareholders of record on Friday, December 6th will be given 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 4.95%. The ex-dividend date is Thursday, December 5th. View Tapestry's Dividend History.

Tapestry Inc (NYSE:TPR) released its earnings results on Tuesday, November, 5th. The luxury accessories retailer reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.03. The luxury accessories retailer had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.38 billion. Tapestry had a net margin of 9.01% and a return on equity of 21.17%. The firm's revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $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.

25 brokers have issued 1 year price targets for Tapestry's stock. Their forecasts range from $22.00 to $52.00. On average, they expect Tapestry's stock price to reach $30.39 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price. View Analyst Price Targets for Tapestry.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last year. There are currently 13 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tapestry.

News articles about TPR stock have been trending extremely negative this week, InfoTrie reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tapestry earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave media coverage about the luxury accessories retailer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Tapestry.

Tapestry saw a decline in short interest in December. As of December 13th, there was short interest totalling 8,030,000 shares, a decline of 22.7% from the November 28th total of 10,390,000 shares. Based on an average daily volume of 4,440,000 shares, the short-interest ratio is presently 1.8 days. Approximately 2.9% of the shares of the stock are short sold. 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 Gilead Sciences (GILD), Intel (INTC), Cisco Systems (CSCO), AT&T (T), Exxon Mobil (XOM), Ford Motor (F), Pfizer (PFE), Verizon Communications (VZ), Wells Fargo & Co (WFC) and Bank of America (BAC).

Tapestry's stock is owned by a number of of institutional and retail investors. Top institutional investors include Global Thematic Partners LLC (0.45%), New York State Teachers Retirement System (0.15%), Zurcher Kantonalbank Zurich Cantonalbank (0.12%), Ingalls & Snyder LLC (0.11%), Smith Graham & Co. Investment Advisors LP (0.08%) and State of Alaska Department of Revenue (0.07%). 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, Smith Graham & Co. Investment Advisors LP and Hennessy Advisors Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Exane Derivatives, Greylin Investment Mangement Inc., Rothschild Investment Corp IL, Alpine Global Management LLC, CX Institutional, New York State Teachers Retirement System, NEXT Financial Group Inc and Assenagon Asset Management S.A.. 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 $27.29.

Tapestry has a market capitalization of $7.53 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.