NYSE:TPR - Tapestry Stock Price, Forecast & News

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

Tapestry announced a quarterly dividend on Thursday, November 14th. Stockholders of record on Friday, December 6th will be paid a dividend of $0.338 per share on Monday, December 30th. This represents a $1.35 annualized dividend and a dividend yield of 4.63%. The ex-dividend date is Thursday, December 5th. View Tapestry's Dividend History.

Tapestry Inc (NYSE:TPR) posted its earnings results on Thursday, February, 6th. The luxury accessories retailer reported $1.10 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.99 by $0.11. The luxury accessories retailer earned $1.82 billion during the quarter, compared to analysts' expectations of $1.81 billion. Tapestry had a return on equity of 21.24% and a net margin of 9.72%. The business's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.07 earnings per share. View Tapestry's Earnings History.

Tapestry is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Tapestry.

Tapestry updated its FY20 earnings guidance on Thursday, February, 6th. The company provided EPS guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.51. The company issued revenue guidance of $5.9 billion, compared to the consensus revenue estimate of $6.11 billion.

26 analysts have issued twelve-month target prices for Tapestry's stock. Their forecasts range from $22.00 to $41.00. On average, they anticipate Tapestry's share price to reach $28.50 in the next twelve months. This suggests that the stock has a possible downside of 2.4%. View Analyst Price Targets for Tapestry.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last year. There are currently 15 hold ratings and 11 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 somewhat positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tapestry earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned press coverage about the luxury accessories retailer a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the near term. View News Stories for Tapestry.

Tapestry saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 9,530,000 shares, an increase of 20.8% from the January 15th total of 7,890,000 shares. Based on an average daily trading volume, of 3,880,000 shares, the days-to-cover ratio is presently 2.5 days. Approximately 3.5% of the shares of the stock are sold short. View Tapestry's Current Options Chain.

Some companies that are related to Tapestry include VF (VFC), Ralph Lauren (RL), PVH (PVH), Columbia Sportswear (COLM), Hanesbrands (HBI), Carter's (CRI), Michael Kors (KORS), G-III Apparel Group (GIII), Oxford Industries (OXM), Movado Group (MOV), Vera Bradley (VRA), Fossil Group (FOSL), 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 retail and institutional investors. Top institutional investors include FMR LLC (7.52%), State Street Corp (5.22%), Bank of New York Mellon Corp (4.04%), Caisse DE Depot ET Placement DU Quebec (1.98%), Franklin Resources Inc. (1.33%) and FIL Ltd (1.26%). Company insiders that own Tapestry stock include Annabelle Yu Long, Brian Satenstein, Darrell Cavens, Ian Bickley, Ivan Menezes, Sarah Dunn and Susan J Kropf. View Institutional Ownership Trends for Tapestry.

TPR stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, FMR LLC, ANTIPODES PARTNERS Ltd, TCW Group Inc., Haverford Trust Co., Commerzbank Aktiengesellschaft FI, Perpetual Ltd and Retirement Systems of Alabama. 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 USS Investment Management Ltd, Janus Henderson Group PLC, Bank of New York Mellon Corp, Investec Asset Management LTD, Captrust Financial Advisors, Amundi Pioneer Asset Management Inc., Cubist Systematic Strategies LLC and Caisse DE Depot ET Placement DU Quebec. 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 $29.21.

Tapestry has a market capitalization of $8.06 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.