17.62 +0.11 (0.63%)
Pre-Market: 8:08AM EST
|Bid||17.40 x 1300|
|Ask||17.77 x 2200|
|Day's Range||17.22 - 17.69|
|52 Week Range||15.82 - 37.81|
|Beta (3Y Monthly)||0.77|
|PE Ratio (TTM)||8.44|
|Earnings Date||Nov 20, 2019|
|Forward Dividend & Yield||1.20 (6.85%)|
|1y Target Est||21.61|
SAN DIEGO, Nov. 12, 2019 -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NYSE: LB shares. Investors, who purchased shares of L.
L Brands Inc. was downgraded to hold from buy at Deutsche Bank with analysts citing high promotional levels at Victoria's Secret and an increased number of promotions at beauty retailer Bath & Body Works. Analysts also think the turnaround at Victoria's Secret will be slower through the end of 2019 and into 2020. Deutsche Bank took a closer look at promotions across retail noting that analysts saw fewer discounts year-over-year at Target Corp. , which is scheduled to report third-quarter earnings Nov. 20. However, Deutsche Bank is "incrementally negative" on Nordstrom Inc. and Express Inc. , which had increased promotions, raising concerns about margin pressure and inventory levels during the holiday shopping season. L Brands stock is down 52% over the last 12 months while the S&P 500 index is up 11% for the period.
COLUMBUS, Ohio, Nov. 11, 2019 -- In conjunction with the L Brands (NYSE: LB) third quarter 2019 earnings release, which will cross the wire after market close on Wednesday,.
Investors in growth stocks can spot a new entry point by looking for the three-weeks-tight, an unusual short-term chart pattern. Consider L Brands in 1982.
COLUMBUS, Ohio, Nov. 08, 2019 -- L Brands, Inc. (NYSE: LB) announced today the declaration of its regular quarterly dividend of $0.30 per share payable on Dec. 6, 2019 to.
The pressure is on as the company is the best-performing division of an otherwise languishing L Brands.
A strong economy typically lifts the broader market, and a rising broader-market tide will lift a lot of boats. But not all of them. Even in the midst of America's longest bull market, numerous publicly traded companies are struggling - including several dividend stocks whose payouts appear to be on thin ice.Dividend cuts and suspensions are among the worst things that can happen to shareholders - especially those that are relying on that stock for retirement income. Not only are you missing out on cash you were depending on, but the stock's value itself typically suffers ahead of - and after - that kind of announcement.Fortunately for investors, dividend cuts don't come out of nowhere. Even once-proud blue chips such as General Electric (GE) and Kraft Heinz (KHC) telegraphed considerable financial issues before ultimately slashing their regular payouts. But investors need to heed these signs. For instance, high yields - especially if a stock's yield is much higher than its industry peers - can be a sign of heightened risk and a struggling stock (as stock prices go down, dividend yields go up). Also, watch out for companies that pay out most or all of their earnings in dividends, as they will have little breathing room should their profits dip.Here, we look at nine dividend stocks that are flashing warning signs of a payout cut. Some of these companies have already chopped their dividends within the past few years. Some of them have maintained or even grown their payouts of late. In no case is a dividend cut or suspension a guarantee, but all of them face issues that, at the very least, should have current and prospective shareholders on their guard. SEE ALSO: 13 Vulnerable Stocks to Watch If the Market Trembles
The ascending base is a rare yet very bullish pattern. Look for it to form after a good stock has broken out of a cup or double-bottom base.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 730 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of June […]
Credit Suisse analysts went on a downgraded spree in the retail sector, lowering Macy's Inc. , Gap Inc. and Victoria's Secret parent company L Brands Inc. to underperform from neutral based on analyst forecasts that weak recent trends will continue through the holiday season. L Brands stock slumped 8% after the downgrade, Gap stock slumped 5.8% in Friday trading, and Macy's stock was down 4.3%. Among the factors causing the pressure are a shorter holiday shopping calendar and tariff and tourism uncertainty. Analysts expressed concern, and lowered estimates, across the U.S. softline retailer group, but were especially cautious on these three retailers. Credit Suisse thinks Macy's "same-store sales trends likely running below Street estimates in Q3" with the "earnings-per-share algorithm in much more fragile state today vs. pre-2008 recession." Analysts cut Macy's price target to $12 from $19. Analysts cut Gap's price target to $14 from $20. "We believe the pending spinoff of Old Navy will ultimately prove to have been destructive to equity value, and have low confidence that the company will be able to achieve the offsets to dis-synergy costs laid out in its recent presentation," analysts said. And L Brands' price target was slashed to $14 from $22. "In a tougher U.S. backdrop, we see risk to 2H guide that assumes a fairly quick turn in Victoria's Secret trends with the multitude of challenges facing the company today making it difficult to support the stock on valuation alone," Credit Suisse said. Analysts top picks in the sector are all rated outperform and all had price target hikes: Vans parent VF Corp. , up to $116 from $104; off-price retailer Ross Stores Inc. , up to $130 from $120; Burlington Stores Inc. , up to $245 from $235; and Nike Inc. target price raised to $112 from $105. The SPDR S&P Retail ETF is down nearly 9% over the past year while the S&P 500 index has gained 8% for the period.
Macy’s, Gap and L Brands have all been downgraded by Credit Suisse which warned of a “tougher” road ahead for the U.S. retail sector.
Credit Suisse analysts downgraded a handful of retailers on Friday, citing weak trends they expect will continue through the holiday season. The firm downgraded Macy's , Gap and L Brands , the parent of Victoria's Secret, to underperform from neutral. "As we look across our coverage, we see the most risk of negative revisions to 2020 Street [estimates] for Macy's, GPS and LB — and we think low valuation alone won't be sufficient to protect further stock downside," the analysts wrote in an Oct. 18 note.
L Brands Inc. (NYSE: LB) operates a specialty retail business focused on women's intimate and other apparel, personal care, and beauty categories. In 1982, L Brands, then known as The Limited Inc., was first listed on the New York Stock Exchange. L Brands has grown rapidly, expanding its brand through organic growth and acquisitions.
Victoria's Secret cut jobs at its Columbus headquarters this week, the company confirmed to CNBC, while also announcing the departure of another top executive.
Credit Suisse downgraded Macy's, Gap and L Brands, crediting the pressure trends heading into the holiday season. Yahoo FInance’s Jen Rogers, Brian Sozzi and Emily McCormick discuss on The Final Round.
Victoria's Secret laid off about 15% of its employees at the company's Columbus, Ohio, headquarters. The cuts affected 50 junior and senior level staff, according to the New York Times. The company has been under the microscope in recent years as it has tried to reinvent its brand.