Brokerages Anticipate DSW Inc. (DSW) to Announce $0.51 EPS

Analysts expect that DSW Inc. (NYSE:DSW) will report earnings of $0.51 per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for DSW’s earnings, with the highest EPS estimate coming in at $0.55 and the lowest estimate coming in at $0.48. DSW posted earnings of $0.45 per share in the same quarter last year, which indicates a positive year over year growth rate of 13.3%. The firm is expected to announce its next earnings report on Tuesday, November 20th.

On average, analysts expect that DSW will report full year earnings of $1.73 per share for the current financial year, with EPS estimates ranging from $1.68 to $1.81. For the next year, analysts expect that the company will post earnings of $1.90 per share, with EPS estimates ranging from $1.82 to $2.05. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow DSW.

DSW (NYSE:DSW) last posted its quarterly earnings data on Tuesday, August 28th. The company reported $0.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.17. DSW had a return on equity of 15.75% and a net margin of 0.06%. The company had revenue of $793.70 million during the quarter, compared to analyst estimates of $689.41 million. During the same period in the previous year, the business earned $0.38 EPS. DSW’s quarterly revenue was up 16.4% on a year-over-year basis.

DSW has been the subject of a number of analyst reports. Zacks Investment Research lowered DSW from a “buy” rating to a “hold” rating in a research report on Wednesday, August 1st. Wells Fargo & Co upped their price target on DSW from $22.00 to $31.00 and gave the company a “market perform” rating in a research report on Wednesday, August 29th. Telsey Advisory Group upped their price target on DSW from $24.00 to $34.00 and gave the company a “market perform” rating in a research report on Wednesday, August 29th. Wedbush upped their price target on DSW from $24.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, August 29th. Finally, B. Riley upped their price target on DSW from $23.00 to $30.00 and gave the company a “neutral” rating in a research report on Wednesday, August 29th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $28.38.

NYSE:DSW traded down $1.22 during trading hours on Friday, hitting $25.16. 2,463,000 shares of the stock were exchanged, compared to its average volume of 1,824,016. DSW has a 52-week low of $17.75 and a 52-week high of $34.63. The firm has a market cap of $2.20 billion, a P/E ratio of 16.55, a price-to-earnings-growth ratio of 1.75 and a beta of 0.88.

The business also recently declared a quarterly dividend, which was paid on Friday, October 5th. Stockholders of record on Monday, September 24th were given a $0.25 dividend. The ex-dividend date was Friday, September 21st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.97%. DSW’s dividend payout ratio (DPR) is presently 65.79%.

Hedge funds have recently bought and sold shares of the company. Brown Advisory Inc. grew its position in DSW by 1.0% in the second quarter. Brown Advisory Inc. now owns 1,591,579 shares of the company’s stock worth $41,094,000 after acquiring an additional 16,173 shares during the period. PNC Financial Services Group Inc. grew its position in DSW by 1,194.0% in the second quarter. PNC Financial Services Group Inc. now owns 84,940 shares of the company’s stock worth $2,194,000 after acquiring an additional 78,376 shares during the period. MetLife Investment Advisors LLC grew its position in DSW by 12.5% in the second quarter. MetLife Investment Advisors LLC now owns 31,615 shares of the company’s stock worth $816,000 after acquiring an additional 3,503 shares during the period. Strs Ohio purchased a new position in DSW in the second quarter worth approximately $371,000. Finally, Guggenheim Capital LLC grew its position in DSW by 3.2% in the first quarter. Guggenheim Capital LLC now owns 120,202 shares of the company’s stock worth $2,698,000 after acquiring an additional 3,767 shares during the period. Institutional investors and hedge funds own 89.18% of the company’s stock.

About DSW

DSW Inc, together with its subsidiaries, operates as a branded footwear and accessories retailer in the United States. The company offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids. It also provides handbags, hosiery, jewelry, and other accessories.

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Earnings History and Estimates for DSW (NYSE:DSW)

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