|Bid||0.00 x 3000|
|Ask||0.00 x 900|
|Day's Range||26.57 - 27.85|
|52 Week Range||23.71 - 38.94|
|Beta (3Y Monthly)||0.68|
|PE Ratio (TTM)||11.55|
|Earnings Date||May 22, 2019|
|Forward Dividend & Yield||1.20 (4.30%)|
|1y Target Est||30.50|
L Brands Inc is a women's intimate, personal care, and beauty retailer. The dividend yield of L Brands Inc stocks is 7.86%. L Brands Inc had annual average EBITDA growth of 12.80% over the past ten years.
L Brands Inc NYSE:LBView full report here! Summary * Perception of the company's creditworthiness is neutral but improving * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NeutralShort interest is moderate for LB with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on March 15. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding LB is favorable, with net inflows of $20.43 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator with a strengthening bias over the past 1-month. Although LB credit default swap spreads are decreasing, they remain near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Victoria's Secret is back in the swimwear business. Victoria's Secret LB is back in the swimwear business — sort of. The lingerie retailer said Monday that its swim collection for 2019 is now available, but only online.
NEW YORK , March 18, 2019 /PRNewswire/ -- The 2019 Swim collection at Victoria's Secret makes its eagerly awaited return today, available exclusively online at VictoriasSecret.com/swimwear. Due to overwhelming ...
The retail apocalypse’s most recent round of closures will have an effect in Central Florida — but it may not be all bad. Topeka, Kan.-based discount retailer Payless ShoeSource Inc. was the latest to join other companies like New York-based Foot Locker (NYSE: FL), San Francisco-based Gap Inc. (NYSE: GPS) and Columbus, Ohio-based Victoria’s Secret (NYSE: LB) in revealing plans to close thousands of U.S. stores. Roughly 28 Central Florida Payless stores will close after the parent company’s February Chapter 11 bankruptcy reorganization filings. Gap still is finalizing its store closures, and a Victoria’s Secret representative declined to say which would be shuttered.
Investors who use stock charts can gain spot a follow-on entry point formed by 3 weeks tight in strong stock market leaders. Consider L Brands in 1982.
Forbes’ latest list ranking billionaires around the world was released this week and includes six Ohioans and a business executive from Dayton. This marked only the second year in a decade where both the number of billionaires and their total wealth diminished. According to Forbes’ calculations, 46 percent of the ranking billionaires had a smaller estimated net worth than last year and ranking Coloradans weren’t immune to the trend.
The selloff in 2018's final quarter left many great companies in beaten-down territory, pushing yields for some dividend stocks to near-record highs. And despite the recovery in 2019, many of these same stocks still sport yields that are far better than their historical averages.But while some of these represent true bargains, some are dividend traps - high-yielding companies hampered by excessive risk and/or fading prospects. Dividend traps entice with rich yields almost like a siren song, only to disappoint later with dividend cuts.Even well-known companies aren't immune. Consider General Electric (GE), which once was among the bluest of blue chips but has slashed its payout twice in as many years. Another familiar name, Anheuser Busch InBev (BUD), halved its dividend in October because it had to deal with onerous debt.Unusually high yields can be a warning sign of a dividend trap, but they don't have to be. For some real estate investment trusts (REITs) and other areas of the market, well-above-market yields are the norm.But do watch out for factors such as overly leveraged balance sheets. Lenders, not equity holders, have a senior claim on company assets. So when interest rates rise high enough, companies may be forced to choose between dividends or interest payments. And of course, watch out for high payout ratios. Even the best-run businesses encounter obstacles, and companies that are really stretching their profits to fund the dividend might be forced to cut back when earnings thin out.Here are 12 high-yielding dividend stocks that possess many characteristics of a trap. Some yield slightly better than the market average, while others are flashing yields well into the teens. SEE ALSO: 14 Blue-Chip Dividend Stocks Yielding 4% or More
The S&P 500 has risen 11 percent so far this year, on the back of optimism that the United States and China will end their bitter trade row and a dovish stance on future interest rate hikes by the Federal Reserve. Exxon Mobil fell 2.76 percent and also weighed on the bluechip Dow index, after the company said it planned to increase capital spending by 10 percent to 16 percent next year to restore flagging oil and gas production.
An investor wants L Brands Inc. to split up its brands. New York-based Barington Capital Group sent a letter Tuesday to Les Wexner, founder and CEO of the Columbus-headquartered owner of Victoria’s Secret and Bath & Body Works, suggesting the company should spin off the struggling lingerie brand or pursue an IPO for the thriving personal care chain. L Brands’ stock price has fallen more than 73 percent from its record of $100.22 in November 2015 to $26.81 at close Monday and the culprit is Victoria’s Secret, which has seen its sales dip in recent years alongside other declining financial measures.
L Brands Inc. said Tuesday it is already focused on bringing merchandise that aligns with consumer trends and managing its real estate portfolio and costs, after an activist shareholder urged it to either spin off Victoria's Secret or take Bed Bath & Body public. "The company, in consultation with its financial advisors, has made significant changes in its business to focus resources on core categories to enhance performance and accelerate growth," L Brands said in a statement. It cited a range of actions, from the closure of Henri Bendel, to the sale of the La Senza business and the reduction in its dividend to free up capital to pay down debt and invest in the business. The statement came after Barington Capital called on management to refresh its product line and explore other ways to unlock value. Shares were down 0.5% Tuesday and have fallen 40% in the last 12 months, while the S&P 500 has gained 2.5%.
were up flat in trading Tuesday after activist hedge fund Barington Capital sent a letter urging the company's leadership to stem its recent losses by spinning off its struggling Victoria's Secret brand. The fund also suggested that L Brands take its more profitable Bath & Body Works brand public with an initial public offering. "We believe that the declining performance of Victoria's Secret is primarily due to merchandising missteps and the failure to maintain a compelling brand image that resonates with its target consumers.
Barington urged the company to retain advisers and explore either a spin off of the underperforming Victoria's Secret brand or take the much financially stronger Bath & Body Works public. The hedge fund also suggested that the role of chairman and chief executive officer be held by separate individuals, an increasingly popular demand by activist investors who feel it would help companies run better. In a letter to L Brands' chairman Leslie Wexner, Barington said the "true potential" of Bath & Body Works had not been realized because of years of weak performance at Victoria's, stemming from a failure to maintain a strong brand image and missteps with merchandising.
COLUMBUS, Ohio, March 05, 2019 -- L Brands, Inc. (NYSE: LB) today confirmed receipt of a letter from Barington Capital Group, L.P. The Company issued the following statement:.
An activist investor wants the Victoria’s Secret parent to spin off its Bath & Body Works unit. That is what the Gap says it will do with Old Navy.
Shares in the company that owns Victoria Secret and Bath & Body Works are surging after a hedge fund began pushing for a sale or the lingerie company, or the creation of a separate, publicly traded company for the latter. Barington Capital Group laid out a number of recommendations Tuesday in a letter to L Brands CEO Leslie Wexner. The activist investor said L Brands, based in Columbus, Ohio, has underperformed its competitors for five years, with shares having lost nearly three-quarters of their value.
An investor in Victoria's Secret parent L Brands is asking the company to consider splitting fragrance and personal care shop Bath & Body Works from the lingerie chain. Barington argues improved merchandising and updated branding would help the struggling Victoria's Secret brand. L Brands said last month it plans to close roughly 53 of its stores in 2019.