DSW, Inc. (NYSE:DSW) – Research analysts at William Blair issued their Q1 2019 earnings per share estimates for DSW in a report issued on Tuesday, March 13th, Zacks Investment Research reports. William Blair analyst D. Carden anticipates that the company will post earnings per share of $0.37 for the quarter. William Blair also issued estimates for DSW’s Q2 2019 earnings at $0.45 EPS, Q3 2019 earnings at $0.51 EPS and Q4 2019 earnings at $0.23 EPS.
DSW (NYSE:DSW) last posted its quarterly earnings results on Tuesday, March 13th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.11. The company had revenue of $720.00 million for the quarter, compared to analysts’ expectations of $728.46 million. DSW had a net margin of 2.40% and a return on equity of 12.86%. DSW’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.20 EPS.
DSW has been the subject of a number of other reports. Zacks Investment Research upgraded shares of DSW from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research note on Tuesday, February 27th. ValuEngine lowered shares of DSW from a “buy” rating to a “hold” rating in a research note on Tuesday, March 20th. Canaccord Genuity reiterated a “hold” rating and issued a $22.00 price objective (up from $20.00) on shares of DSW in a research note on Wednesday, March 14th. B. Riley set a $22.00 price objective on shares of DSW and gave the company a “neutral” rating in a research note on Wednesday, March 14th. Finally, Deutsche Bank lifted their price objective on shares of DSW from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, March 19th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $21.40.
NYSE:DSW opened at $21.90 on Thursday. DSW has a 12 month low of $15.14 and a 12 month high of $22.78. The company has a market capitalization of $1,789.53, a P/E ratio of 14.41, a P/E/G ratio of 1.90 and a beta of 0.63.
The firm also recently declared a quarterly dividend, which was paid on Friday, April 6th. Shareholders of record on Friday, March 23rd were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, March 22nd. This is an increase from DSW’s previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a yield of 4.57%. DSW’s payout ratio is currently 65.79%.
In other news, EVP William L. Jordan sold 34,412 shares of the company’s stock in a transaction dated Thursday, March 29th. The shares were sold at an average price of $22.47, for a total transaction of $773,237.64. Following the completion of the transaction, the executive vice president now directly owns 88,705 shares of the company’s stock, valued at $1,993,201.35. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 20.40% of the company’s stock.
Large investors have recently modified their holdings of the company. Sit Investment Associates Inc. bought a new position in shares of DSW during the fourth quarter valued at about $100,000. Meadow Creek Investment Management LLC bought a new position in DSW in the fourth quarter worth about $114,000. Cerebellum GP LLC bought a new position in DSW in the fourth quarter worth about $129,000. Advisor Group Inc. raised its stake in DSW by 240.4% in the fourth quarter. Advisor Group Inc. now owns 8,204 shares of the company’s stock worth $176,000 after buying an additional 5,794 shares in the last quarter. Finally, Sciencast Management LP bought a new position in DSW in the fourth quarter worth about $200,000. 97.01% of the stock is owned by hedge funds and other institutional investors.
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DSW Company Profile
DSW Inc, together with its subsidiaries, operates as a branded footwear and accessories retailer in the United States. The company operates through two segments, DSW and Affiliated Business Group. The company offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids.
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