DSW Inc. (NYSE:DSW) – Analysts at William Blair raised their FY2017 earnings per share estimates for shares of DSW in a research note issued to investors on Tuesday. William Blair analyst A. Noblin now expects that the brokerage will post earnings per share of $1.42 for the year, up from their prior forecast of $1.40. William Blair also issued estimates for DSW’s FY2018 earnings at $1.55 EPS.

A number of other analysts have also recently weighed in on the company. B. Riley reiterated a “neutral” rating and issued a $26.00 price target on shares of DSW in a research report on Wednesday. Zacks Investment Research upgraded DSW from a “hold” rating to a “strong-buy” rating and set a $29.00 price target on the stock in a research report on Tuesday. Standpoint Research began coverage on DSW in a research report on Friday, November 4th. They issued a “buy” rating and a $28.00 price target on the stock. Wedbush reiterated a “neutral” rating and issued a $22.00 price target on shares of DSW in a research report on Tuesday, November 1st. Finally, Susquehanna began coverage on DSW in a research report on Thursday, September 15th. They issued a “negative” rating and a $19.00 price target on the stock. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $24.52.

Earnings History and Estimates for DSW (NYSE:DSW)

Shares of DSW (NYSE:DSW) traded up 0.36% during midday trading on Wednesday, reaching $24.99. 1,295,051 shares of the company’s stock traded hands. DSW has a 52-week low of $18.51 and a 52-week high of $29.53. The stock’s 50 day moving average price is $21.57 and its 200 day moving average price is $22.32. The firm has a market capitalization of $2.06 billion, a P/E ratio of 19.94 and a beta of 0.72.

DSW (NYSE:DSW) last issued its quarterly earnings results on Tuesday, November 22nd. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.48 by $0.03. DSW had a net margin of 3.96% and a return on equity of 12.51%. The firm had revenue of $697 million for the quarter, compared to analysts’ expectations of $710.42 million. During the same period in the previous year, the business earned $0.44 earnings per share. DSW’s revenue for the quarter was up 4.7% compared to the same quarter last year.

Several large investors have recently added to or reduced their stakes in the company. Cambiar Investors LLC raised its stake in DSW by 20.9% in the second quarter. Cambiar Investors LLC now owns 1,339,224 shares of the company’s stock worth $28,365,000 after buying an additional 231,953 shares in the last quarter. Americafirst Capital Management LLC acquired a new stake in DSW during the second quarter worth approximately $107,000. Dimensional Fund Advisors LP raised its stake in DSW by 27.9% in the second quarter. Dimensional Fund Advisors LP now owns 3,047,286 shares of the company’s stock worth $64,540,000 after buying an additional 664,487 shares in the last quarter. Parkwood LLC raised its stake in DSW by 54.2% in the second quarter. Parkwood LLC now owns 21,424 shares of the company’s stock worth $454,000 after buying an additional 7,531 shares in the last quarter. Finally, Squarepoint Ops LLC raised its stake in DSW by 614.8% in the first quarter. Squarepoint Ops LLC now owns 86,485 shares of the company’s stock worth $2,390,000 after buying an additional 74,385 shares in the last quarter. 82.29% of the stock is currently owned by institutional investors.

In other news, EVP William L. Jordan sold 42,423 shares of the firm’s stock in a transaction dated Wednesday, September 7th. The stock was sold at an average price of $25.00, for a total transaction of $1,060,575.00. Following the sale, the executive vice president now owns 72,333 shares of the company’s stock, valued at $1,808,325. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Harvey L. Sonnenberg sold 8,000 shares of the firm’s stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $23.50, for a total value of $188,000.00. Following the sale, the director now directly owns 20,142 shares in the company, valued at approximately $473,337. The disclosure for this sale can be found here. Insiders own 20.30% of the company’s stock.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Stockholders of record on Friday, December 16th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date is Wednesday, December 14th. DSW’s dividend payout ratio is currently 64.52%.

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DSW Company Profile

DSW Inc is a footwear retailer. The Company offers assortment of shoes, handbags and accessories for women, men and children. The Company operates through two segments: the DSW segment and the Affiliated Business Group (ABG) segment. The DSW segment includes DSW stores and dsw.com. The Company, through its ABG segment, partners with approximately three other retailers to help build and optimize their footwear businesses.

5 Day Chart for NYSE:DSW

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