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, February 20th. Shareholders of record on Friday, March 6th will be paid a dividend of $0.3375 per share on Monday, March 30th. This represents a $1.35 dividend on an annualized basis and a yield of 5.89%. The ex-dividend date of this dividend is Thursday, March 5th. View Tapestry's Dividend History.

Tapestry Inc (NYSE:TPR) released its earnings results on Thursday, February, 6th. The luxury accessories retailer reported $1.10 earnings per share (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 the consensus estimate of $1.81 billion. Tapestry had a net margin of 9.72% and a return on equity of 21.24%. The firm's revenue was up .8% on a year-over-year basis. During the same period in the prior year, the company earned $1.07 EPS. 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 issued an update on its FY20 earnings guidance on Thursday, February, 6th. The company provided earnings per share guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.51. The company issued revenue guidance of $5.9 billion, compared to the consensus revenue estimate of $6.11 billion.

26 equities research analysts have issued twelve-month target prices for Tapestry's shares. Their forecasts range from $22.00 to $41.00. On average, they expect Tapestry's stock price to reach $28.65 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price. 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.

Press coverage about TPR stock has trended very negative on Friday, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. 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 coverage optimism score of -3.5 on InfoTrie's scale. They also assigned news coverage about the luxury accessories retailer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Tapestry.

Tapestry saw a drop in short interest in February. As of February 14th, there was short interest totalling 8,310,000 shares, a drop of 12.8% from the January 30th total of 9,530,000 shares. Based on an average trading volume of 3,810,000 shares, the short-interest ratio is currently 2.2 days. Approximately 3.0% of the company's shares are sold short. View Tapestry's Current Options Chain.

Some companies that are related to Tapestry include VF (VFC), Ralph Lauren (RL), Columbia Sportswear (COLM), PVH (PVH), 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 shareholders 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%), Geode Capital Management LLC (1.72%) and Franklin Resources Inc. (1.33%). Company insiders that own Tapestry stock include Annabelle Yu Long, Brian Satenstein, Darrell Cavens, Ian Bickley, Ivan Menezes and Sarah Dunn. 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 purchased 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 $22.92.

Tapestry has a market capitalization of $6.33 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.