MIK - The Michaels Companies, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
8.54
-0.57 (-6.26%)
As of 3:28PM EDT. Market open.
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Previous Close9.11
Open9.04
Bid8.52 x 3200
Ask8.53 x 2900
Day's Range8.43 - 9.04
52 Week Range7.78 - 21.11
Volume1,666,690
Avg. Volume2,552,126
Market Cap1.351B
Beta (3Y Monthly)1.29
PE Ratio (TTM)4.28
EPS (TTM)2.00
Earnings DateAug 28, 2019 - Sep 3, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est13.45
Trade prices are not sourced from all markets
  • Can Michaels (MIK) Withstand Tariff & Margin-Related Woes?
    Zacks7 hours ago

    Can Michaels (MIK) Withstand Tariff & Margin-Related Woes?

    Michaels (MIK) is in rough waters, owing to a soft margins trend and troubles related to tariff increases on imported goods. These should continue to bother the stock in the near term.

  • Business Wire3 days ago

    The Michaels Companies, Inc. Announces Pricing of Senior Notes

    The Michaels Companies, Inc. (MIK) (the “Company”) today announced that its indirect, wholly owned subsidiary, Michaels Stores, Inc. (the “Issuer”), priced its offering of $500 million in aggregate principal amount of Senior Notes due 2027 (the “Notes”). The Issuer intends to use the net proceeds from the offering, together with cash on hand, to redeem its existing 5.875% Senior Subordinated Notes due 2020. The offering is expected to close on or about July 8, 2019, subject to customary closing conditions.

  • Should You Investigate The Michaels Companies, Inc. (NASDAQ:MIK) At US$8.84?
    Simply Wall St.3 days ago

    Should You Investigate The Michaels Companies, Inc. (NASDAQ:MIK) At US$8.84?

    The Michaels Companies, Inc. (NASDAQ:MIK), which is in the specialty retail business, and is based in United States...

  • At US$8.84, Is The Michaels Companies, Inc. (NASDAQ:MIK) Worth Looking At Closely?
    Simply Wall St.3 days ago

    At US$8.84, Is The Michaels Companies, Inc. (NASDAQ:MIK) Worth Looking At Closely?

    The Michaels Companies, Inc. (NASDAQ:MIK), which is in the specialty retail business, and is based in United States...

  • Moody's7 days ago

    Michaels Stores, Inc. -- Moody's assigns a B1 to Michaels sr unsecured notes

    Moody's Investors Service ("Moody's") assigned a B1 to Michaels Stores, Inc.'s proposed 8 year $500 million senior unsecured note offering. Moody's affirmed Michaels' Ba2 Corporate Family rating, Ba2-PD Probability of Default ratings, and Ba2 senior secured rating. "This refinancing extends Michael's debt maturity ladder in a leverage neutral transaction thereby improving the company's overall credit profile".

  • Business Wire7 days ago

    The Michaels Companies, Inc. Announces Offering of Senior Notes

    The Michaels Companies, Inc. (MIK) (the “Company”) today announced that its indirect, wholly owned subsidiary, Michaels Stores, Inc. (the “Issuer”), intends to offer $500 million in aggregate principal amount of Senior Notes due 2027 (the “Notes”). The Issuer intends to use the net proceeds from the offering, together with cash on hand, to redeem its existing 5.875% Senior Subordinated Notes due 2020. The Notes have not been, and will not be, registered under the Securities Act of 1933, as amended (the “Act”), or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act and other applicable securities laws.

  • Thomson Reuters StreetEvents10 days ago

    Edited Transcript of MIK earnings conference call or presentation 6-Jun-19 1:00pm GMT

    Q1 2019 Michaels Companies Inc Earnings Call

  • Hedge Funds Have Never Been This Bullish On The Michaels Companies, Inc. (MIK)
    Insider Monkey11 days ago

    Hedge Funds Have Never Been This Bullish On The Michaels Companies, Inc. (MIK)

    Is The Michaels Companies, Inc. (NASDAQ:MIK) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known […]

  • Markit14 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 are seeing positive inflows but are weakening * Bearish sentiment is moderate * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderately high for MIK with between 10 and 15% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $481 million over the last one-month into ETFs that hold MIK are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. 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.

  • Company News For Jun 7, 2019
    Zacks17 days ago

    Company News For Jun 7, 2019

    Companies In The News Are: SFIX,CIEN,MIK,KIRK

  • Benzinga17 days ago

    Credit Suisse Downgrades Michaels After Q1 Print

    Shares of Michaels Companies Inc (NASDAQ: MIK ) hit a new 52-week low Thursday in reaction to its first-quarter results , which prompted Credit Suisse to move to the sidelines. The Analyst Credit Suisse's ...

  • Michaels (MIK) Q1 Earnings Meet, Tariff Woes Hurt Stock
    Zacks17 days ago

    Michaels (MIK) Q1 Earnings Meet, Tariff Woes Hurt Stock

    Michaels (MIK) posts in-line earnings in first-quarter fiscal 2019 while sales lag estimates. Further, it tweaks earnings guidance for fiscal 2019 based on tariff-related woes.

  • Management Thinks Michaels Companies Can Do Better
    Motley Fool17 days ago

    Management Thinks Michaels Companies Can Do Better

    The first quarter largely met expectations, but its interim management team is tweaking the business model to address some recent challenges.

  • Why At Home Group, The Michaels Companies, and La-Z-Boy Slumped Today
    Motley Fool18 days ago

    Why At Home Group, The Michaels Companies, and La-Z-Boy Slumped Today

    Tough business conditions weighed on many stocks despite a generally calm market.

  • Why Michaels Companies' Stock Fell as Much as 16.7% Today
    Motley Fool18 days ago

    Why Michaels Companies' Stock Fell as Much as 16.7% Today

    The arts and crafts retailer delivered on its financial promises in the first quarter, but management cut full-year earnings targets by 2%.

  • The Michaels Companies Inc (MIK) Q1 2019 Earnings Call Transcript
    Motley Fool18 days ago

    The Michaels Companies Inc (MIK) Q1 2019 Earnings Call Transcript

    MIK earnings call for the period ending May 4, 2019.

  • Michaels Earnings: MIK Stock Kicked Lower by Disappointing Sales
    InvestorPlace18 days ago

    Michaels Earnings: MIK Stock Kicked Lower by Disappointing Sales

    Michaels earnings for the first quarter of 2019 have the stock taking a beating on Thursday.Source: Shutterstock Michaels (NASDAQ:MIK) is reporting revenue of $1.09 billion for the first quarter of the year. This is a drop from the company's revenue of $1.16 billion reported during the same time last year. It was also a blow to MIK stock by missing Wall Street's revenue estimate of $1.11 billion for the quarter.The Michaels earnings report for the first quarter of 2019 also includes earnings per share of 31 cents. This is down from the company's earnings per share of 39 cents from the first quarter of 2018. However, it does manage to match analysts' earnings per share estimate for the period. Despite this, it couldn't stop MIK stock from falling today.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMichaels earnings for the first quarter of the year also has net income coming in at $37.69 million. That's an increase over the company's net income of $26.89 million reported in the same period of the year prior.Operating income reported in the Michaels earnings report for the first quarter of 2019 comes in at $92.73 million. The company's operating income from the first quarter of the previous year was $78.94 million. * 10 Stocks to Buy That Could Be Takeover Targets The most recent Michaels earnings report also includes its outlook for 2019. The company is expecting earnings per share between $2.29 and $2.41 on revenue ranging from $5.19 billion to $5.24 billion. Wall Street is looking for earnings per share and revenue of $2.44 and $5.21 billion for the year.MIK stock was down 12% as of Thursday morning. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 4 FANG Stocks Won't Be Bitten By Regulation Threats * 10 Stocks to Buy That Could Be Takeover Targets * 4 Big Bank Stocks Rebounding As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Michaels Earnings: MIK Stock Kicked Lower by Disappointing Sales appeared first on InvestorPlace.

  • Benzinga18 days ago

    Michaels Companies Falls 12% On Q1 Earnings

    Michaels Companies (NASDAQ: MIK ) reported quarterly earnings of 31 cents per share, which met the analyst consensus estimate. This is a 20.51-percent decrease over earnings of 39 cents per share from ...

  • Michaels (MIK) Meets Q1 Earnings Estimates
    Zacks18 days ago

    Michaels (MIK) Meets Q1 Earnings Estimates

    Michaels (MIK) delivered earnings and revenue surprises of 0.00% and -1.01%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch18 days ago

    Michaels' stock tumbles toward record low after sales miss, profit guidance lowered

    Shares of Michaels Companies Inc. dropped 14% toward a record low in premarket trade Thursday, after the arts and crafts retailer reported fiscal first-quarter sales that missed expectations and trimmed its full-year profit outlook. Net income for the quarter to May 4 rose to $32.9 million, or 24 cents a share, from $19.8 million, or 15 cents a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share came to 31 cents, matching the FactSet consensus. Sales fell to $1.09 billion from $1.16 billion to miss the FactSet consensus of $1.11 billion. Same-store sales fell 2.9%, compared with expectations of a 1.4% decline, as decrease in customer transactions offset an increase in average ticket. For fiscal 2019, the company cut its adjusted EPS guidance to $2.29 to $2.41 from $2.34 to $2.46, but affirmed its outlooks for net sales outlook of $5.19 billion to $5.24 billion and same-store sales of flat to up 1%. The stock has plunged 30% over the past three months through Wednesday, while the SPDR S&P Retail ETF has lost 9.7% and the S&P 500 has gained 2.0%.

  • Business Wire18 days ago

    The Michaels Companies Announces First Quarter 2019 Results in Line with Previously Provided Guidance

    IRVING, Texas-- -- Comparable store sales decreased 2.9% Operating income of $92.7 million; adjusted operating income of $101.4 million Diluted EPS of $0.24; adjusted diluted EPS of $0.31 Updates FY19 Guidance to reflect 25% tariffs The Michaels Companies, Inc. today reported diluted earnings per share for the first quarter of fiscal 2019 of $0.24, or $0.31 per adjusted diluted share excluding a charge ...

  • ACCESSWIRE18 days ago

    Michaels Cos., Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / June 6, 2019 / Michaels Cos., Inc. (NASDAQ: MIK ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on June 6, 2019 at 9:00 AM Eastern ...

  • Benzinga19 days ago

    Q1 Earnings Preview For The Michaels Companies

    The Michaels Companies (NASDAQ: MIK ) announces its next round of earnings this Thursday, June 6. Here's Benzinga's look at Michaels Companies' Q1 earnings report. Earnings and Revenue Based on management's ...

  • Estimating The Fair Value Of The Michaels Companies, Inc. (NASDAQ:MIK)
    Simply Wall St.20 days ago

    Estimating The Fair Value Of The Michaels Companies, Inc. (NASDAQ:MIK)

    Today we will run through one way of estimating the intrinsic value of The Michaels Companies, Inc. (NASDAQ:MIK) by...

  • Michaels Partners with Cricut to Exclusively Launch the Cricut Infusible Ink™ System Which Brings Professional Level Personalization to the Home
    Business Wire20 days ago

    Michaels Partners with Cricut to Exclusively Launch the Cricut Infusible Ink™ System Which Brings Professional Level Personalization to the Home

    The Michaels Companies, Inc. (MIK) today with Cricut, Inc. announce the upcoming availability of Infusible Ink™, an all-new system of Cricut products that brings commercial-level, permanent heat-transfer effects to the consumer do-it-yourself (DIY) space. The Infusible Ink system makes it possible to create a variety of professional-level, richly colored, personalized heat transfer projects right at home. The new family of products will be exclusively available only at Michaels starting Friday, June 21 through October 1, 2019.