MIK - The Michaels Companies, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
13.45
+0.40 (+3.07%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close13.05
Open13.10
Bid13.27 x 4000
Ask13.68 x 1000
Day's Range13.10 - 13.52
52 Week Range12.48 - 24.96
Volume1,762,445
Avg. Volume2,329,454
Market Cap2.133B
Beta (3Y Monthly)1.38
PE Ratio (TTM)7.02
EPS (TTM)1.92
Earnings DateMar 19, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est17.55
Trade prices are not sourced from all markets
  • Markit3 days ago

    See what the IHS Markit Score report has to say about Michaels Companies Inc.

    Michaels Companies Inc NASDAQ/NGS:MIKView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is high and has been increasing Bearish sentimentShort interest | NegativeShort interest is high for MIK with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting MIK. Sentiment has worsened and traders added to their bearish short positions on February 13. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MIK totaled $3.66 billion. Additionally, the rate of outflows appears to be accelerating. 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 swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.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.

  • Business Wire14 days ago

    Michaels Partners with Carnival Cruise Line® to Take Creativity to the Seas

    The Michaels Companies, Inc. (MIK) today announced a new partnership with Carnival Cruise Line as the exclusive arts and crafts provider fleet-wide for guests sailing on the line’s 26-ship fleet. The partnership is designed to provide a memorable and entertaining experience for guests who set sail on Carnival Cruise Line every year. Kids and adults alike will be inspired to be creative and encouraged to test their imagination and bring their vision to life with the help of Michaels.

  • Michaels Set to Close Pat Catan's Stores, Updates Q4 View
    Zacks18 days ago

    Michaels Set to Close Pat Catan's Stores, Updates Q4 View

    Michaels (MIK) has decided to close all Pat Catan's stores in fourth-quarter fiscal 2018. Also, it has provided updated guidance for the fourth quarter.

  • GlobeNewswire18 days ago

    New Research: Key Drivers of Growth for CIT Group, Devon Energy, Red Rock Resorts, The Michaels Companies, PCM, and Pareteum — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, Jan. 31, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • Why Michaels Shares Closed 9.8% Lower Today
    Motley Fool19 days ago

    Why Michaels Shares Closed 9.8% Lower Today

    The arts and crafts retailer is closing down an underperforming chain of stores in Ohio, and this holiday season's sales are turning out a bit lower than expected.

  • The Michaels Companies to close 36 Pat Catan's stores, to rebrand and reopen 12 stores
    American City Business Journals19 days ago

    The Michaels Companies to close 36 Pat Catan's stores, to rebrand and reopen 12 stores

    In a news release Wednesday, The Michaels Companies Inc. (Nasdaq: MIK) announced that it would shutter all of its Pat Catan's stores. The retail supplier of arts and crafts' 36 stores are spread throughout the Midwest. Michaels said that the company plans to rebrand and reopen up to 12 of the former Pat Catan's stores as Michaels locations in 2019.

  • MarketWatch19 days ago

    Michaels to shutter Pat Catan's Arts & Crafts stores, rebrand 12 Michael's locations

    Michaels Cos. Inc. shares slipped 1.5% after the company announced that it would shutter its Pat Cantan's Arts & Crafts stores, rebrand a dozen Michaels stores in fiscal 2019 and shifted to the lower end of its guidance. The 36 Pat Catan's closures will take place in the fourth quarter of fiscal 2018. The chain "has struggled in the face of industry headwinds," said Chuck Rubin, Michaels chief executive, in a statement. Michaels expects the one-time after-tax cost of the closures in the range of $44 million to $48 million, mostly due to lease terminations, with most of the costs recognized in the fourth quarter. For the month so far, the company said it has "seen more volatility in consumer shopping behavior" than expected. The company expects fourth-quarter same-store sales near the low end of its previous guidance range of down 0.5% to up 0.5%. Adjusted EPS will be on the low end of its $1.42 to $1.47 guidance. The FactSet consensus is for same-store sales growth of 0.1% and EPS of $1.45. Michaels shares have sunk 46% over the past year while the S&P 500 index has fallen 6.5% for the period.

  • Business Wire19 days ago

    The Michaels Companies to Close Pat Catan’s Arts & Craft Stores in Fourth Quarter of Fiscal 2018

    The Michaels Companies, Inc. (MIK) today announced its decision to close all of its Pat Catan’s stores in the fourth quarter of fiscal 2018. Pat Catan’s is a 36-store retail supplier of arts and crafts in Ohio and surrounding states. The Company intends to rebrand up to 12 of the closed Pat Catan’s stores and reopen them under the Michaels banner.

  • Zacks20 days ago

    Stocks Slip as China Concerns Impact Earnings

    Stocks Slip as China Concerns Impact Earnings

  • Top Ranked Value Stocks to Buy for January 28th
    Zacks21 days ago

    Top Ranked Value Stocks to Buy for January 28th

    Top Ranked Value Stocks to Buy for January 28th

  • Ulta Beauty to Gain on Omnichannel Growth Amid High Costs
    Zacks24 days ago

    Ulta Beauty to Gain on Omnichannel Growth Amid High Costs

    Ulta Beauty (ULTA) benefits from strong omnichannel presence and robust loyalty program. However, high SG&A costs remain a concern.

  • Bed Bath & Beyond Up 36% in a Month: Will the Rally Continue?
    Zacks25 days ago

    Bed Bath & Beyond Up 36% in a Month: Will the Rally Continue?

    Bed Bath & Beyond (BBBY) smoothly progresses with its long-term financial goals. Also, its store-growth initiatives appear impressive.

  • 3 Reasons Why You Should Invest in Office Depot (ODP) Stock
    Zacks26 days ago

    3 Reasons Why You Should Invest in Office Depot (ODP) Stock

    Office Depot (ODP) looks well poised on its growth track courtesy of strategic endeavors including business review, store optimization program and omni-channel initiatives.

  • Bet on These 5 Low Leverage Stocks to Secure Returns
    Zacks27 days ago

    Bet on These 5 Low Leverage Stocks to Secure Returns

    A high degree of financial leverage means high interest payments, which affect the company's bottom line. So, investors try to avoid stocks that bear large debt loads

  • Five Below (FIVE) Posts Solid Holiday Sales Numbers for 2018
    Zackslast month

    Five Below (FIVE) Posts Solid Holiday Sales Numbers for 2018

    Five Below (FIVE) posts robust holiday sales numbers and reiterates its guidance for the fourth quarter and fiscal 2018.

  • 4 Factors That Make Michaels Companies Stock a Solid Pick
    Zackslast month

    4 Factors That Make Michaels Companies Stock a Solid Pick

    Michaels Companies (MIK) is doing well, driven by store growth and omni-channel initiatives. These significantly aid its top and bottom lines, positioning it for more growth ahead.

  • DICK'S Sporting Stock Remains a Lucrative Pick for 2019
    Zackslast month

    DICK'S Sporting Stock Remains a Lucrative Pick for 2019

    DICK'S Sporting (DKS) displays strong momentum driven by its omni-channel expansion efforts and exclusive merchandising strategy.

  • Can Tractor Supply's Efforts Sustain Stock Momentum in 2019?
    Zackslast month

    Can Tractor Supply's Efforts Sustain Stock Momentum in 2019?

    Tractor Supply (TSCO) boasts strong momentum, which is likely to continue ahead owing to robust omni-channel efforts.

  • Why Is Michaels (MIK) Down 8.1% Since Last Earnings Report?
    Zackslast month

    Why Is Michaels (MIK) Down 8.1% Since Last Earnings Report?

    Michaels (MIK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Office Depot (ODP) May be a Good Choice for 2019: Here's Why
    Zacks2 months ago

    Office Depot (ODP) May be a Good Choice for 2019: Here's Why

    Office Depot (ODP) looks well poised on its growth track courtesy of strategic endeavors and compelling from valuation perspective.

  • Hedge Funds Aren’t Crazy About Michaels Companies Inc (MIK) Anymore
    Insider Monkey2 months ago

    Hedge Funds Aren’t Crazy About Michaels Companies Inc (MIK) Anymore

    It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of MIK earnings conference call or presentation 6-Dec-18 2:00pm GMT

    Q3 2018 Michaels Companies Inc Earnings Call

  • Creative Gifting Made Easy: Michaels Kids Gift Shop Offers Perfect Last-Minute Gifts for Holiday 2018
    Business Wire2 months ago

    Creative Gifting Made Easy: Michaels Kids Gift Shop Offers Perfect Last-Minute Gifts for Holiday 2018

    The Season’s Top 25 Creative Gifts for Kids, Available for Last Minute Purchase Online with Easy In-Store Pickup Option