In the last trading session, 1.22 million shares of the Designer Brands Inc (NYSE:DBI) were traded, and its beta was 1.69. Most recently the company’s share price was $3.90, and it changed around -$0.34 or -8.02% from the last close, which brings the market valuation of the company to $187.10M. DBI currently trades at a discount to its 52-week high of $11.48, offering almost -194.36% off that amount. The share price’s 52-week low was $3.20, which indicates that the current value has risen by an impressive 17.95% since then. We note from Designer Brands Inc’s average daily trading volume that its 10-day average is 2.07 million shares, with the 3-month average coming to 1.72 million.
Designer Brands Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended DBI as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Designer Brands Inc is expected to report earnings per share of -0.08 for the current quarter.
Designer Brands Inc (NYSE:DBI) trade information
Instantly DBI has showed a red trend with a performance of -8.02% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.42 on recent trading dayincreased the stock’s daily price by 11.76%. The company’s shares are currently down -26.97% year-to-date, but still up 4.84% over the last five days. On the other hand, Designer Brands Inc (NYSE:DBI) is -15.95% down in the 30-day period. We can see from the shorts that 7.76 million shares have been sold at a short interest cover period of 4.27 day(s).
The consensus price target as assigned by Wall Street analysts is $10, which translates to bulls needing to increase their stock price by 61.0% from its current value. Analyst projections state that DBI is forecast to be at a low of $10 and a high of $20.
Designer Brands Inc (DBI) estimates and forecasts
The year-over-year growth rate is expected to be 1.80%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 736.02M in revenue for the current quarter. 3 analysts expect Designer Brands Inc to make 790.57M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 746.6M and 771.9M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -1.42%. Forecasts for the next quarter put sales growth at 2.42%.
Designer Brands Inc earnings are expected to increase by 42.14% in 2025, but the outlook is positive 40.32% per year for the next five years.
DBI Dividends
Designer Brands Inc’s next quarterly earnings report is expected to be released on 2025-Mar-19. The annual dividend yield of the stock is 5.13 percent and its annual dividend per share was 0.20. It is important to note, however, that the 5.13% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 5.26 per year.
Designer Brands Inc (NYSE:DBI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 20.19% of Designer Brands Inc shares, and 100.53% of them are in the hands of institutional investors. The stock currently has a share float of 125.96%. Designer Brands Inc stock is held by 210.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 11.9836% of the shares, which is about 6.85 million shares worth $46.79 million.
VANGUARD GROUP INC, with 6.9124% or 3.97 million shares worth $27.13 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.34 shares worth $5.23 million, making up 3.33% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 1.15 shares worth around $4.49 million, which represents about 2.86% of the total shares outstanding.
