NYSE:TPR - Tapestry Stock Price, News & Analysis

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

Tapestry declared a quarterly dividend on Thursday, August 15th. Stockholders 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 annualized dividend and a dividend yield of 6.35%. The ex-dividend date is Thursday, September 5th. This is a boost from Tapestry's previous quarterly dividend of $0.34. View Tapestry's Dividend History.

Tapestry Inc (NYSE:TPR) announced its quarterly earnings results on Thursday, August, 15th. The luxury accessories retailer reported $0.61 earnings per share for the quarter, hitting analysts' consensus estimates of $0.61. The luxury accessories retailer had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.53 billion. Tapestry had a return on equity of 21.64% and a net margin of 10.68%. The company's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $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 analysts have issued 12-month price objectives for Tapestry's stock. Their forecasts range from $22.00 to $52.00. On average, they expect Tapestry's share price to reach $36.1739 in the next twelve months. This suggests a possible upside of 70.0% 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 12 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tapestry.

Press coverage about TPR stock has been trending positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tapestry earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the luxury accessories retailer a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat 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 the month of July. As of July 15th, there was short interest totalling 10,019,500 shares, a decline of 12.4% from the June 15th total of 11,433,400 shares. Based on an average daily trading volume, of 4,680,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 3.5% of the company's stock are short sold. View Tapestry's Current Options Chain.

Some companies that are related to Tapestry include Chipotle Mexican Grill (CMG), Dollar Tree (DLTR), Tesco (TSCDY), IAC/InterActiveCorp (IAC), Ulta Beauty (ULTA), Expedia Group (EXPE), Restaurant Brands International (QSR), Ctrip.Com International (CTRP), Kroger (KR), Best Buy (BBY), Fastenal (FAST), Yum China (YUMC), Darden Restaurants (DRI), CarMax (KMX) and CARREFOUR SA/S (CRRFY).

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), Ford Motor (F), Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM), Starbucks (SBUX), Mcdonald's (MCD) and QUALCOMM (QCOM).

Tapestry's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.16%), Price T Rowe Associates Inc. MD (7.24%), BlackRock Inc. (6.52%), Caisse DE Depot ET Placement DU Quebec (1.84%), Prudential Financial Inc. (1.70%) and Bank of New York Mellon Corp (1.53%). Company insiders that own Tapestry stock include Annabelle Yu Long, Brian Satenstein, Darrell Cavens, Ian Bickley, Ivan Menezes, Melinda Brown, 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., Bank of New York Mellon Corp, Price T Rowe Associates Inc. MD, Foresters Investment Management Company Inc., Jennison Associates LLC, Jennison Associates LLC and Scout Investments Inc.. Company insiders that have sold Tapestry company stock in the last year include Annabelle Yu Long, Brian Satenstein and Ivan Menezes. View Insider Buying and Selling for Tapestry.

TPR stock was purchased 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, Scottrade, Fidelity and Charles Schwab.

One share of TPR stock can currently be purchased for approximately $21.28.

Tapestry has a market capitalization of $6.10 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 20,800 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.