Is Designer Brands Inc (NYSE: DBI) A Good Investment Or A Disaster?

In the last trading session, 1.47 million Designer Brands Inc (NYSE:DBI) shares changed hands as the company’s beta touched 2.11. With the company’s per share price at $8.43 changed hands at $0.14 or 1.69% during last session, the market valuation stood at $482.53M. DBI’s last price was a discount, traded about -59.43% off its 52-week high of $13.44. The share price had its 52-week low at $6.14, which suggests the last value was 27.16% up since then. When we look at Designer Brands Inc’s average trading volume, we note the 3-month average coming to 1.37 million.

Designer Brands Inc (NYSE:DBI) trade information

Instantly DBI was in green as seen at the end of in last trading. With action -10.70%, the performance over the past five days has been red. The jump to weekly highs of 9.48 added 1.69% to the stock’s daily price. The company’s shares are showing year-to-date downside of -4.75%, with the 5-day performance at -10.70% in the red. However, in the 30-day time frame, Designer Brands Inc (NYSE:DBI) is -21.80% down.

Designer Brands Inc (DBI) estimates and forecasts

Data shows that the Designer Brands Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -28.56% over the past 6 months, a 13.24% in annual growth rate that is considerably higher than the industry average of 7.50%.

The 2024 estimates are for Designer Brands Inc earnings to increase by 13.23%, but the outlook for the next 5-year period is at 14.68% per year.

DBI Dividends

Designer Brands Inc is expected to release its next quarterly earnings report between June 06 and June 10. The 2.37% annual yield figure for the share gives it an annual dividend of 0.20. It is important to note, however, that the 2.37% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.