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) 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%.
ILLEGAL ACTIVITY NOTICE: This story was reported by Ticker Report and is the property of of Ticker Report. If you are reading this story on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this story can be read at https://www.tickerreport.com/banking-finance/3147665/dsw-inc-dsw-given-consensus-recommendation-of-hold-by-brokerages.html.
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.
Receive News & Ratings for DSW Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DSW and related companies with MarketBeat.com's FREE daily email newsletter.