In the last trading session, 2.08 million Designer Brands Inc (NYSE:DBI) shares changed hands as the company’s beta touched 1.68. With the company’s per share price at $2.88 changed hands at -$0.08 or -2.70% during last session, the market valuation stood at $138.17M. DBI’s last price was a discount, traded about -284.03% off its 52-week high of $11.06. The share price had its 52-week low at $2.67, which suggests the last value was 7.29% up since then. When we look at Designer Brands Inc’s average trading volume, we note the 10-day average is 1.87 million shares, with the 3-month average coming to 1.77 million.
Analysts gave the Designer Brands Inc (DBI) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended DBI as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Designer Brands Inc’s EPS for the current quarter is expected to be -0.08.
Designer Brands Inc (NYSE:DBI) trade information
Instantly DBI was in red as seen at the end of in last trading. With action -21.10%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -46.07%, with the 5-day performance at -21.10% in the red. However, in the 30-day time frame, Designer Brands Inc (NYSE:DBI) is -28.71% down. Looking at the short shares, we see there were 7.45 million shares sold at short interest cover period of 4.31 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 42.4% from its current market value. According to analyst projections, DBI’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -73.61% plunge from its current level, while the stock would need to soar -73.61% for it to hit the projected low.
Designer Brands Inc (DBI) estimates and forecasts
Year-over-year growth is forecast to reach 1.80% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 736.02M. 3 analysts are of the opinion that Designer Brands Inc’s revenue for the current quarter will be 790.57M. The company’s revenue for the corresponding quarters a year ago was 746.6M and 771.9M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.42%. The estimates for the next quarter sales put growth at 2.42%.
The 2025 estimates are for Designer Brands Inc earnings to increase by 42.44%, but the outlook for the next 5-year period is at 40.32% per year.
DBI Dividends
Designer Brands Inc is expected to release its next quarterly earnings report on 2025-Mar-19. The 6.94% annual yield figure for the share gives it an annual dividend of 0.20. It is important to note, however, that the 6.94% 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. During the past 5 years, the average dividend yield was 5.26 per year.
Designer Brands Inc (NYSE:DBI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 20.16% of Designer Brands Inc shares while 100.32% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 125.65%. There are 100.32% institutions holding the Designer Brands Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 11.9836% of the shares, roughly 6.85 million DBI shares worth $46.79 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.9124% or 3.97 million shares worth $27.13 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 1.34 shares estimated at $3.86 million under it, the former controlled 3.33% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.72% of the shares, roughly 1.09 shares worth around $3.15 million.
