In last trading session, Designer Brands Inc (NYSE:DBI) saw 2.42 million shares changing hands with its beta currently measuring 1.73. Company’s recent per share price level of $3.25 trading at -$0.27 or -7.67% at ring of the bell on the day assigns it a market valuation of $155.77M. That closing price of DBI’s stock is at a discount of -255.69% from its 52-week high price of $11.56 and is indicating a discount of -6.46% from its 52-week low price of $3.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.77 million shares which gives us an average trading volume of 1.62 million if we extend that period to 3-months.
For Designer Brands Inc (DBI), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.49 in the current quarter.
Designer Brands Inc (NYSE:DBI) trade information
Upright in the red during last session for losing -7.67%, in the last five days DBI remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $3.25 price level, adding 23.53% to its value on the day. Designer Brands Inc’s shares saw a change of -39.14% in year-to-date performance and have moved -21.12% in past 5-day. Designer Brands Inc (NYSE:DBI) showed a performance of -38.79% in past 30-days. Number of shares sold short was 7.76 million shares which calculate 4.27 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 10 to the stock, which implies a rise of 67.5% to its current value. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would drop -207.69% in reaching the projected high whereas dropping to the targeted low would mean a loss of -207.69% for stock’s current value.
Designer Brands Inc (DBI) estimates and forecasts
This year revenue growth is estimated to fall -1.95% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 719.32M for the same. And 1 analysts are in estimates of company making revenue of 743.14M in the next quarter. Company posted 754.35M and 746.6M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -70.20% while estimates for its earnings growth in next 5 years are of -1.33%.
DBI Dividends
Designer Brands Inc is more likely to be releasing its next quarterly report on 2024-Dec-09 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 6.15%, the share has a forward dividend of 0.20 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 5.26%.
Designer Brands Inc (NYSE:DBI)’s Major holders
Insiders are in possession of 20.19% of company’s total shares while institution are holding 100.56 percent of that, with stock having share float percentage of 125.99%. Investors also watch the number of corporate investors in a company very closely, which is 100.56% institutions for Designer Brands Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at DBI for having 6.85 million shares of worth $46.79 million. And as of 2024-06-30, it was holding 11.9206 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 3.97 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.9124 of outstanding shares, having a total worth of $27.13 million.
