DSW Inc. (DSW) Given Consensus Recommendation of “Hold” by Brokerages

DSW Inc. (NYSE:DSW) has received a consensus recommendation of “Hold” from the eighteen ratings firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $20.90.

DSW has been the topic of several research reports. Standpoint Research raised DSW from a “hold” rating to a “buy” rating in a research report on Friday, October 20th. Jefferies Group reaffirmed a “hold” rating and issued a $20.00 target price on shares of DSW in a research report on Thursday, September 28th. Canaccord Genuity reaffirmed a “hold” rating on shares of DSW in a research report on Monday, November 20th. Zacks Investment Research cut DSW from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 3rd. Finally, B. Riley reiterated a “hold” rating and issued a $20.00 price target on shares of DSW in a research note on Wednesday, November 22nd.

Several hedge funds have recently modified their holdings of the stock. Sit Investment Associates Inc. bought a new stake in DSW during the fourth quarter worth $100,000. Robeco Institutional Asset Management B.V. bought a new stake in DSW during the third quarter worth $152,000. Wealthcare Advisory Partners LLC bought a new stake in DSW during the third quarter worth $197,000. Campbell & CO Investment Adviser LLC bought a new stake in DSW during the third quarter worth $217,000. Finally, Quantitative Systematic Strategies LLC bought a new stake in DSW during the third quarter worth $223,000. Institutional investors and hedge funds own 89.13% of the company’s stock.

DSW (NYSE DSW) traded up $0.65 during trading on Friday, hitting $21.76. The stock had a trading volume of 4,348,577 shares, compared to its average volume of 1,009,739. DSW has a 52 week low of $15.14 and a 52 week high of $22.72. The firm has a market capitalization of $1,688.74, a P/E ratio of 20.53, a price-to-earnings-growth ratio of 2.39 and a beta of 0.85.

DSW (NYSE:DSW) last posted its earnings results on Tuesday, November 21st. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.08). DSW had a net margin of 3.13% and a return on equity of 11.43%. The firm had revenue of $708.30 million during the quarter, compared to analyst estimates of $710.24 million. During the same period in the previous year, the company posted $0.51 EPS. DSW’s revenue for the quarter was up 1.7% compared to the same quarter last year. equities analysts anticipate that DSW will post 1.41 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.68%. The ex-dividend date of this dividend was Thursday, December 14th. DSW’s dividend payout ratio (DPR) is currently 75.47%.

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DSW Company Profile

DSW Inc is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment.

Analyst Recommendations for DSW (NYSE:DSW)

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