Hanesbrands Inc (NYSE:HBI)’s traded shares stood at 8.61 million during the last session, with the company’s beta value hitting 1.50.The HBI share’s 52-week high remains $9.10, putting it -98.26% down since that peak but still an impressive 12.42% since price per share fell to its 52-week low of $4.02. The company has a valuation of $1.62B, with an average of 5.6 million shares in intraday trading volume over the past 10 days and average of 8.15 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Hanesbrands Inc (HBI), translating to a mean rating of 3.00. Of 5 analyst(s) looking at the stock, 1 analyst(s) give HBI a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.02.
Hanesbrands Inc (NYSE:HBI) trade information
The 5-day price performance for the stock is -4.77%, and -19.90% over 30 days. With these gigs, the year-to-date price performance is -43.61%. Short interest in Hanesbrands Inc (NYSE:HBI) saw shorts transact 31.21 million shares and set a 3.37 days time to cover.
The extremes give us $5 and $8 for target low and target high price respectively. As such, HBI has been trading -74.29% off suggested target high and -8.93% from its likely low.
Hanesbrands Inc (HBI) estimates and forecasts
The rating firms project that company’s revenue will shrink -0.79% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 757.88M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 975.5M.Earnings reports from the last fiscal year show that sales brought in 1.16B and 995.39M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -34.45% before dropping -2.00% in the following quarter.
HBI Dividends
Hanesbrands Inc has its next earnings report out on 2025-Feb-12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 5.02%.
Hanesbrands Inc (NYSE:HBI)’s Major holders
Hanesbrands Inc insiders hold 1.70% of total outstanding shares, with institutional holders owning 98.30% of the shares at 100.00% float percentage. In total, 98.30% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 53.91 million shares (or 15.3158% of shares), all amounting to roughly $265.78 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 40.45 million shares, or about 11.493% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $199.44 million.
We also have iShares Trust-iShares Core S&P Small-Cap ETF and Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF as the top two Mutual Funds with the largest holdings of the Hanesbrands Inc (HBI) shares. Going by data provided on Mar 31, 2025 , iShares Trust-iShares Core S&P Small-Cap ETF holds roughly 21.83 shares. This is just over 6.18% of the total shares, with a market valuation of $100.22 million. Data from the same date shows that the other fund manager holds a little less at 15.57, or 4.41% of the shares, all valued at about 71.49 million.
