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. Investors 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 yield of 5.24%. The ex-dividend date of this dividend 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 (EPS) for the quarter, hitting analysts' consensus estimates of $0.61. The luxury accessories retailer earned $1.51 billion during the quarter, compared to analyst estimates of $1.53 billion. Tapestry had a net margin of 10.68% and a return on equity of 21.64%. Tapestry's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.60 EPS. 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 1-year price targets for Tapestry's stock. Their forecasts range from $22.00 to $52.00. On average, they anticipate Tapestry's share price to reach $35.5217 in the next twelve months. This suggests a possible upside of 37.6% 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 13 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tapestry.

Media coverage about TPR stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tapestry earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the luxury accessories retailer a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Tapestry.

Tapestry saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 10,527,900 shares, an increase of 8.0% from the July 31st total of 9,752,200 shares. Based on an average daily trading volume, of 4,810,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 3.7% of the shares of the stock are short sold. View Tapestry's Current Options Chain.

Some companies that are related to Tapestry include Tesco (TSCDY), Mercadolibre (MELI), AutoZone (AZO), Dollar Tree (DLTR), Chipotle Mexican Grill (CMG), Kroger (KR), Expedia Group (EXPE), IAC/InterActiveCorp (IAC), Fastenal (FAST), Ctrip.Com International (CTRP), Restaurant Brands International (QSR), Best Buy (BBY), Yum China (YUMC), Darden Restaurants (DRI) 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), QUALCOMM (QCOM) and Mcdonald's (MCD).

Tapestry's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.16%), Price T Rowe Associates Inc. MD (7.24%), BlackRock Inc. (6.59%), BlackRock Inc. (6.52%), Caisse DE Depot ET Placement DU Quebec (1.84%) and Prudential Financial Inc. (1.70%). 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 AQR Capital Management LLC, BlackRock Inc., BlackRock Inc., Boston Partners, Bank of New York Mellon Corp, Price T Rowe Associates Inc. MD, Foresters Investment Management Company Inc. and Jennison Associates LLC. View Insider Buying and Selling for Tapestry.

TPR stock was bought 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, Robinhood, Fidelity and Charles Schwab.

One share of TPR stock can currently be purchased for approximately $25.81.

Tapestry has a market capitalization of $7.40 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 212-594-1850.