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S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10

Tapestry (TPR) Stock Forecast, Price & News

$34.34
+0.94 (+2.81%)
(As of 05/27/2022 12:00 AM ET)
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Today's Range
$33.33
$34.34
50-Day Range
$26.52
$40.16
52-Week Range
$26.39
$47.05
Volume
3.03 million shs
Average Volume
4.18 million shs
Market Capitalization
$8.65 billion
P/E Ratio
11.08
Dividend Yield
2.99%
Beta
1.39
30 days | 90 days | 365 days | Advanced Chart
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Tapestry logo

About Tapestry

Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates through three segments: Coach, Kate Spade, and Stuart Weitzman. The company offers women's accessories, including handbags, such as wallets, money pieces, wristlets, and cosmetic cases; novelty accessories comprising address books, time management and travel accessories, sketchbooks, and portfolios; and key rings and charms. It also provides bag collections, including business cases, computer bags, messenger-style bags, backpacks, and totes; small leather goods, such as wallets, card cases, travel organizers, and belts; and footwear, watches, sunglasses, novelty accessories, and ready-to-wear for men. In addition, the company offers women's footwear; sunglasses; bracelets, necklaces, rings, and earrings; fragrances and watches; women's seasonal lifestyle apparel collections that include outerwear and ready-to-wear, and cold weather accessories, which comprise gloves, scarves, and hats. Further, it provides footwear items; and housewares and home accessories for kids, such as fashion bedding and tableware; and stationery and gifts. Additionally, the company licenses rights to market and distribute its jewelry, eyewear, watches, fragrances, and tech accessories under the Coach brand; and fashion beddings, tableware and housewares, eyewear, watches, stationery and gifts, and tech accessories under the Kate Spade brand. As of July 3, 2021, it operated through a network of 939 Coach stores, 407 Kate Spade stores, and 104 Stuart Weitzman stores. The company sells its products through e-commerce sites and concession shop-in-shops, and wholesale customers, as well as through independent third-party distributors. The company was formerly known as Coach, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is based in New York, New York.

Headlines

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Industry, Sector and Symbol

Industry
Leather & leather products
Sub-Industry
Apparel Accessories & Luxury Goods
CUSIP
18975410
Employees
16,400
Year Founded
1941

Sales & Book Value

Annual Sales
$5.75 billion
Cash Flow
$4.21 per share
Book Value
$10.07 per share

Profitability

Net Income
$834.20 million
Pretax Margin
15.89%

Debt

Price-To-Earnings

Miscellaneous

Free Float
248,277,000
Market Cap
$8.65 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/28 Dividend
3/03/2022
Dividend Payable
3/28/2022
Last Earnings
5/12/2022
Today
5/28/2022
Ex-Dividend for 6/27 Dividend
6/02/2022
Dividend Payable
6/27/2022
Fiscal Year End
6/30/2022
Next Earnings (Estimated)
8/18/2022

Social Links


MarketRank

Overall MarketRank

3.41 out of 5 stars

Retail/Wholesale Sector

13th out of 284 stocks

Leather & Leather Products Industry

1st out of 4 stocks

Analyst Opinion: 3.3Community Rank: 4.8Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 3.1 5 -4 -3 -2 -1 -













Tapestry (NYSE:TPR) Frequently Asked Questions

Is Tapestry a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Tapestry stock.
View analyst ratings for Tapestry
or view top-rated stocks.

When is Tapestry's next earnings date?

Tapestry is scheduled to release its next quarterly earnings announcement on Thursday, August 18th 2022.
View our earnings forecast for Tapestry
.

How were Tapestry's earnings last quarter?

Tapestry, Inc. (NYSE:TPR) announced its quarterly earnings data on Thursday, May, 12th. The luxury accessories retailer reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.11. The luxury accessories retailer had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.43 billion. Tapestry had a net margin of 12.99% and a trailing twelve-month return on equity of 32.07%. The company's quarterly revenue was up 13.1% on a year-over-year basis. During the same period last year, the business posted $0.51 earnings per share.
View Tapestry's earnings history
.

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

Tapestry announced a quarterly dividend on Thursday, May 12th. Investors of record on Friday, June 3rd will be given a dividend of $0.25 per share on Monday, June 27th. This represents a $1.00 annualized dividend and a dividend yield of 2.91%. The ex-dividend date of this dividend is Thursday, June 2nd.
View Tapestry's dividend history
.

Is Tapestry a good dividend stock?

Tapestry pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.99%. The dividend payout ratio of Tapestry is 32.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tapestry will have a dividend payout ratio of 25.25% next year. This indicates that Tapestry will be able to sustain or increase its dividend.
View Tapestry's dividend history.

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 repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 18% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its stock is undervalued.

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

Tapestry updated its FY 2022 earnings guidance on Thursday, May, 26th. The company provided earnings per share guidance of $3.45-$3.45 for the period, compared to the consensus estimate of $3.62. The company issued revenue guidance of $6.70 billion-$6.70 billion, compared to the consensus revenue estimate of $6.75 billion.

What price target have analysts set for TPR?

13 equities research analysts have issued 12 month price targets for Tapestry's stock. Their forecasts range from $36.00 to $63.00. On average, they expect Tapestry's share price to reach $48.31 in the next year. This suggests a possible upside of 40.7% from the stock's current price.
View analysts' price targets for Tapestry
or view top-rated stocks among Wall Street analysts.

Who are Tapestry's key executives?
Tapestry's management team includes the following people:
What is Todd Kahn's approval rating as Tapestry's CEO?

34 employees have rated Tapestry CEO Todd Kahn on Glassdoor.com. Todd Kahn has an approval rating of 84% among Tapestry'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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.37%), State Street Corp (3.95%), American Century Companies Inc. (1.82%), Bank of New York Mellon Corp (1.63%), Invesco Ltd. (1.42%) and Lazard Asset Management LLC (1.24%). Company insiders that own Tapestry stock include David E Howard, Ivan Menezes, Joanne C Crevoiserat, John P Bilbrey, Manesh Dadlani, Sarah Dunn and Todd Kahn.
View institutional ownership trends for Tapestry
.

Which major investors are selling Tapestry stock?

TPR stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Suvretta Capital Management LLC, Invesco Ltd., State Street Corp, Shellback Capital LP, Royal Bank of Canada, Capital Fund Management S.A., and Bank of Montreal Can. Company insiders that have sold Tapestry company stock in the last year include David E Howard, Manesh Dadlani, and Todd Kahn.
View insider buying and selling activity for Tapestry
or view top insider-selling stocks.

Which major investors are buying Tapestry stock?

TPR stock was acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., Lazard Asset Management LLC, Vanguard Group Inc., Dana Investment Advisors Inc., Goldman Sachs Group Inc., Jupiter Asset Management Ltd., Bank of Nova Scotia, and Pacer Advisors Inc.. Company insiders that have bought Tapestry stock in the last two years include Joanne C Crevoiserat, and John P Bilbrey.
View insider buying and selling activity for Tapestry
or or view top insider-buying stocks.

How do I buy shares of Tapestry?

Shares of TPR 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 $34.34.

How much money does Tapestry make?

Tapestry has a market capitalization of $8.65 billion and generates $5.75 billion in revenue each year. The luxury accessories retailer earns $834.20 million in net income (profit) each year or $3.10 on an earnings per share basis.

How many employees does Tapestry have?

Tapestry employs 16,400 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.

When was Tapestry founded?

Tapestry was founded in 1941.

What is Tapestry's official website?

The official website for Tapestry is www.tapestry.com.

How can I contact Tapestry?

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 or via fax at 212-594-1682.

This page was last updated on 5/28/2022 by MarketBeat.com Staff

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