DSW Inc. (NYSE:DSW) – Investment analysts at B. Riley upped their FY2018 EPS estimates for DSW in a research note issued to investors on Wednesday. B. Riley analyst J. Van. Sinderen now expects that the brokerage will post earnings per share of $1.55 for the year, up from their previous estimate of $1.48. B. Riley currently has a “Neutral” rating and a $26.00 target price on the stock.

Other equities analysts have also recently issued reports about the company. Zacks Investment Research upgraded DSW from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a research note on Tuesday, August 2nd. Standpoint Research initiated coverage on DSW in a research note on Friday, November 4th. They set a “buy” rating and a $28.00 price objective on the stock. Canaccord Genuity reiterated a “hold” rating and issued a $23.00 target price (up from $19.00) on shares of DSW in a research note on Monday, August 29th. They noted that the move was a valuation call. Credit Suisse Group AG reiterated a “hold” rating and issued a $23.00 target price on shares of DSW in a research note on Wednesday, August 31st. Finally, Telsey Advisory Group cut their target price on DSW from $27.00 to $25.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 31st. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, five have given a buy rating and two have issued a strong buy rating to the company’s stock. DSW has an average rating of “Hold” and an average target price of $24.52.

Earnings History and Estimates for DSW (NYSE:DSW)

Shares of DSW (NYSE:DSW) traded down 0.16% on Thursday, hitting $24.96. 267,936 shares of the company were exchanged. The company has a 50-day moving average price of $21.69 and a 200 day moving average price of $22.34. DSW has a 52-week low of $18.51 and a 52-week high of $29.53. The firm has a market cap of $2.05 billion, a P/E ratio of 19.92 and a beta of 0.72.

DSW (NYSE:DSW) last announced its quarterly earnings data on Tuesday, November 22nd. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.03. The firm earned $697 million during the quarter, compared to analysts’ expectations of $710.42 million. DSW had a net margin of 3.90% and a return on equity of 12.45%. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.44 earnings per share.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Friday, December 16th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, December 14th. This represents a $0.80 dividend on an annualized basis and a yield of 3.20%. DSW’s dividend payout ratio is currently 62.99%.

In other DSW 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 completion of the sale, the executive vice president now directly owns 72,333 shares in the company, valued at approximately $1,808,325. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 owns 20,142 shares of the company’s stock, valued at $473,337. The disclosure for this sale can be found here. 20.30% of the stock is owned by corporate insiders.

Large investors have recently made changes to their positions in the company. MSI Financial Services Inc raised its stake in shares of DSW by 2.9% in the third quarter. MSI Financial Services Inc now owns 6,703 shares of the company’s stock worth $137,000 after buying an additional 190 shares during the last quarter. Afam Capital Inc. raised its stake in shares of DSW by 0.4% in the third quarter. Afam Capital Inc. now owns 102,994 shares of the company’s stock worth $2,109,000 after buying an additional 442 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of DSW by 1.6% in the third quarter. HighTower Advisors LLC now owns 30,373 shares of the company’s stock worth $625,000 after buying an additional 468 shares during the last quarter. Sei Investments Co. raised its stake in shares of DSW by 2.6% in the second quarter. Sei Investments Co. now owns 19,904 shares of the company’s stock worth $422,000 after buying an additional 505 shares during the last quarter. Finally, I.G. Investment Management LTD. raised its stake in shares of DSW by 1.9% in the second quarter. I.G. Investment Management LTD. now owns 37,358 shares of the company’s stock worth $791,000 after buying an additional 687 shares during the last quarter. Hedge funds and other institutional investors own 82.29% of the company’s stock.

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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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