DSW Inc. (NYSE:DSW) – Equities researchers at Jefferies Group issued their FY2017 earnings per share estimates for DSW in a research report issued on Tuesday. Jefferies Group analyst R. Konik anticipates that the brokerage will post earnings of $1.45 per share for the year. Jefferies Group has a “Buy” rating and a $28.00 price objective on the stock. Jefferies Group also issued estimates for DSW’s Q4 2017 earnings at $0.19 EPS and FY2018 earnings at $1.60 EPS.

A number of other equities research analysts have also recently weighed in on DSW. B. Riley reissued a “neutral” rating and issued a $23.00 price target on shares of DSW in a research report on Wednesday, August 31st. Wedbush reissued a “neutral” rating and issued a $22.00 price target on shares of DSW in a research report on Tuesday, November 1st. Canaccord Genuity reissued a “hold” rating and issued a $23.00 price target on shares of DSW in a research report on Wednesday, September 7th. Zacks Investment Research raised shares of DSW from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a research report on Tuesday, August 2nd. Finally, Credit Suisse Group AG restated a “hold” rating and issued a $23.00 price objective on shares of DSW in a research note on Wednesday, August 31st. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $24.64.

Earnings History and Estimates for DSW (NYSE:DSW)

WARNING: “Equities Analysts Offer Predictions for DSW Inc.’s FY2017 Earnings (DSW)” was first published by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are accessing this report on another website, it was illegally stolen and republished in violation of United States & international copyright & trademark legislation. The original version of this report can be read at https://www.thecerbatgem.com/2016/11/26/equities-analysts-offer-predictions-for-dsw-inc-s-fy2017-earnings-dsw.html.

Shares of DSW (NYSE:DSW) opened at 24.90 on Thursday. DSW has a 1-year low of $18.51 and a 1-year high of $29.53. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 19.87 and a beta of 0.72. The stock’s 50 day moving average is $21.84 and its 200 day moving average is $22.34.

DSW (NYSE:DSW) last posted its earnings results on Tuesday, November 22nd. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.03. DSW had a net margin of 3.90% and a return on equity of 12.45%. The business had revenue of $697 million for the quarter, compared to analyst estimates of $710.42 million. During the same period in the prior year, the company posted $0.44 EPS. The company’s revenue for the quarter was up 4.7% on a year-over-year basis.

Several institutional investors have recently made changes to their positions in the stock. Americafirst Capital Management LLC purchased a new position in shares of DSW during the second quarter valued at about $107,000. NEXT Financial Group Inc purchased a new position in shares of DSW during the third quarter valued at about $123,000. MSI Financial Services Inc increased its position 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 valued at $137,000 after buying an additional 190 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of DSW by 100.0% in the third quarter. PNC Financial Services Group Inc. now owns 7,200 shares of the company’s stock valued at $147,000 after buying an additional 3,600 shares during the last quarter. Finally, Pacad Investment Ltd. purchased a new position in shares of DSW during the second quarter valued at about $159,000. 82.29% of the stock is currently owned by institutional investors and hedge funds.

WARNING: “Equities Analysts Offer Predictions for DSW Inc.’s FY2017 Earnings (DSW)” was first published by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are accessing this report on another website, it was illegally stolen and republished in violation of United States & international copyright & trademark legislation. The original version of this report can be read at https://www.thecerbatgem.com/2016/11/26/equities-analysts-offer-predictions-for-dsw-inc-s-fy2017-earnings-dsw.html.

In other DSW news, Director Harvey L. Sonnenberg sold 8,000 shares of the company’s stock in a transaction dated Thursday, September 1st. The shares were 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP William L. Jordan sold 42,423 shares of the company’s stock in a transaction dated Wednesday, September 7th. The shares were 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 disclosure for this sale can be found here. 20.30% of the stock is currently owned by company insiders.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Friday, December 16th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.21%. The ex-dividend date is Wednesday, December 14th. DSW’s dividend payout ratio (DPR) is presently 62.99%.

About DSW

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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