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S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
Bank Accounts: Frozen! (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Bank Accounts: Frozen! (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Bank Accounts: Frozen! (Ad)
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
Bank Accounts: Frozen! (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Bank Accounts: Frozen! (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Bank Accounts: Frozen! (Ad)
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Should You Buy Before the Ex-Dividend Date or Wait?
Bank Accounts: Frozen! (Ad)
Dividends, Short-Term Pain, but Long-Term Gain?
Can Carnival Cruise Lines Set Sail For New Highs? 
Bank Accounts: Frozen! (Ad)
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Bank Accounts: Frozen! (Ad)
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
Is Block a Ticking Time Bomb or a Bargain Bestowed by Hindenburg?

Tapestry - TPR Stock Forecast, Price & News

$40.74
+0.49 (+1.22%)
(As of 03/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$39.87
$40.91
50-Day Range
$40.25
$46.62
52-Week Range
$26.39
$47.48
Volume
2.72 million shs
Average Volume
3.41 million shs
Market Capitalization
$9.62 billion
P/E Ratio
12.13
Dividend Yield
2.95%
Price Target
$47.31

Tapestry MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
16.1% Upside
$47.31 Price Target
Short Interest
Healthy
4.06% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.32
Upright™ Environmental Score
News Sentiment
0.42mentions of Tapestry in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.56%
From $3.72 to $4.15 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.86 out of 5 stars

Retail/Wholesale Sector

58th out of 210 stocks

Leather & Leather Products Industry

1st out of 3 stocks


TPR stock logo

About Tapestry (NYSE:TPR) Stock

Tapestry, Inc. engages in the provision of luxury accessories and lifestyle brands. It operates through the following segments: Coach, Kate Spade and Stuart Weitzman. The Coach segment consists of global sales of coach brand products to customers through coach operated stores, including the internet and concession shop-in-shops, and sales to wholesale customers, and through independent third party distributors. The Kate Spade segment focuses on Kate Spade New York brand products to customers through Kate Spade operated stores, including the Internet, sales to wholesale customers, through concession shop-in-shops and through independent third party distributors. The Stuart Weitzman segment comprises Stuart Weitzman brand products primarily through Stuart Weitzman operated stores. The company was founded by Dawn Hughes in 1941 and is headquartered in New York, NY.

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TPR Stock News Headlines

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These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. pixel
StockNews.com Initiates Coverage on Tapestry (NYSE:TPR)
E-Commerce Sales Set to Hit New Highs: 4 Stocks to Buy
Tapestry, Inc. (NYSE:TPR) Q2 2023 Earnings Call Transcript
Modern Day Options Trading For Beginners!
These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. pixel
Tapestry (TPR) Lined Up for Q2 Earnings: Factors to Note
Tapestry, Inc. to Host FY23 Second Quarter Earnings Call
TPR or FIGS: Which Is the Better Value Stock Right Now?
See More Headlines
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TPR Company Calendar

Ex-Dividend for 12/27 Dividend
12/08/2022
Dividend Payable
12/27/2022
Last Earnings
2/09/2023
Ex-Dividend for 3/27 Dividend
3/09/2023
Today
3/27/2023
Dividend Payable
3/27/2023
Next Earnings (Estimated)
5/11/2023
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Leather & leather products
Sub-Industry
Apparel Accessories & Luxury Goods
CUSIP
18975410
Employees
18,100
Year Founded
1941

Price Target and Rating

Average Stock Price Forecast
$47.31
High Stock Price Forecast
$55.00
Low Stock Price Forecast
$37.00
Forecasted Upside/Downside
+16.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
16 Analysts

Profitability

Net Income
$856.30 million
Pretax Margin
15.67%

Debt

Sales & Book Value

Annual Sales
$6.68 billion
Cash Flow
$4.55 per share
Book Value
$9.08 per share

Miscellaneous

Free Float
234,164,000
Market Cap
$9.62 billion
Optionable
Optionable
Beta
1.43

Social Links


Key Executives

  • Joanne C. CrevoiseratJoanne C. Crevoiserat
    President, Chief Executive Officer & Director
  • Scott A. Roe
    Chief Operating & Financial Officer
  • Ashish Parmar
    Chief Information Officer
  • Leonard Todd Kahn
    President & Chief Executive Officer-Coach Brand
  • Noam Paransky
    Chief Innovation & Omni Officer













TPR Stock - Frequently Asked Questions

Should I buy or sell Tapestry stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last twelve months. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TPR shares.
View TPR analyst ratings
or view top-rated stocks.

What is Tapestry's stock price forecast for 2023?

16 analysts have issued 1-year target prices for Tapestry's shares. Their TPR share price forecasts range from $37.00 to $55.00. On average, they anticipate the company's share price to reach $47.31 in the next year. This suggests a possible upside of 16.1% from the stock's current price.
View analysts price targets for TPR
or view top-rated stocks among Wall Street analysts.

How have TPR shares performed in 2023?

Tapestry's stock was trading at $38.08 at the beginning of the year. Since then, TPR shares have increased by 7.0% and is now trading at $40.74.
View the best growth stocks for 2023 here
.

Are investors shorting Tapestry?

Tapestry saw a decline in short interest in March. As of March 15th, there was short interest totaling 9,550,000 shares, a decline of 19.5% from the February 28th total of 11,870,000 shares. Based on an average trading volume of 3,320,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 4.1% of the company's shares are sold short.
View Tapestry's Short Interest
.

When is Tapestry's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our TPR earnings forecast
.

How were Tapestry's earnings last quarter?

Tapestry, Inc. (NYSE:TPR) announced its quarterly earnings data on Thursday, February, 9th. The luxury accessories retailer reported $1.36 EPS for the quarter, topping analysts' consensus estimates of $1.27 by $0.09. The luxury accessories retailer earned $2.03 billion during the quarter, compared to the consensus estimate of $2.04 billion. Tapestry had a net margin of 12.69% and a trailing twelve-month return on equity of 36.58%. The company's revenue was down 5.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.33 EPS.
Read the conference call transcript
.

How often does Tapestry pay dividends? What is the dividend yield for Tapestry?

Tapestry announced a quarterly dividend on Tuesday, February 21st. Investors of record on Friday, March 10th will be given a dividend of $0.30 per share on Monday, March 27th. This represents a $1.20 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend is Thursday, March 9th.
Read our dividend analysis for TPR
.

Is Tapestry a good dividend stock?

Tapestry (NYSE:TPR) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.98%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TPR will have a dividend payout ratio of 28.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TPR.

How will Tapestry's stock buyback program work?

Tapestry declared that its board has authorized a share buyback program on Thursday, May 12th 2022, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 18% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

What guidance has Tapestry issued on next quarter's earnings?

Tapestry issued an update on its FY23 earnings guidance on Thursday, February, 9th. The company provided earnings per share (EPS) guidance of $3.70-$3.75 for the period, compared to the consensus earnings per share estimate of $3.65. The company issued revenue guidance of $6.6 billion, compared to the consensus revenue estimate of $6.61 billion.

What is Todd Kahn's approval rating as Tapestry's CEO?

34 employees have rated Tapestry Chief Executive Officer Todd Kahn on Glassdoor.com. Todd Kahn has an approval rating of 84% among the company's employees.

What other stocks do shareholders of Tapestry own?

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).

What is Tapestry's stock symbol?

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

Who are Tapestry's major shareholders?

Tapestry's stock is owned by many different retail and institutional investors. Top institutional investors include Franklin Resources Inc. (4.58%), Alliancebernstein L.P. (2.69%), Ninety One UK Ltd (2.56%), Geode Capital Management LLC (2.09%), American Century Companies Inc. (1.98%) and Lazard Asset Management LLC (1.97%). Insiders that own company stock include David E Howard, Ivan Menezes, Joanne C Crevoiserat, John P Bilbrey, Manesh Dadlani, Sarah Dunn, Thomas A Glaser and Todd Kahn.
View institutional ownership trends
.

How do I buy shares of Tapestry?

Shares of TPR stock 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.
Compare Top Brokerages Here.

What is Tapestry's stock price today?

One share of TPR stock can currently be purchased for approximately $40.74.

How much money does Tapestry make?

Tapestry (NYSE:TPR) has a market capitalization of $9.62 billion and generates $6.68 billion in revenue each year. The luxury accessories retailer earns $856.30 million in net income (profit) each year or $3.36 on an earnings per share basis.

How many employees does Tapestry have?

The company employs 18,100 workers across the globe.

Does Tapestry have any subsidiaries?
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.
Read More
How can I contact Tapestry?

Tapestry's mailing address is 10 HUDSON YARDS, NEW YORK NY, 10001. The official website for the company is www.tapestry.com. The luxury accessories retailer can be reached via phone at (212) 946-8400, via email at kmueller@tapestry.com, or via fax at 212-594-1682.

This page (NYSE:TPR) was last updated on 3/28/2023 by MarketBeat.com Staff