Wall Street analysts expect Tailored Brands Inc (NYSE:TLRD) to announce $0.15 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Tailored Brands’ earnings. The lowest EPS estimate is $0.14 and the highest is $0.16. Tailored Brands reported earnings of $0.50 per share in the same quarter last year, which indicates a negative year over year growth rate of 70%. The firm is scheduled to report its next quarterly earnings report on Wednesday, June 12th.
On average, analysts expect that Tailored Brands will report full-year earnings of $1.91 per share for the current year, with EPS estimates ranging from $1.89 to $1.92. For the next fiscal year, analysts forecast that the business will post earnings of $2.14 per share, with EPS estimates ranging from $2.12 to $2.16. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for Tailored Brands.
Tailored Brands (NYSE:TLRD) last issued its quarterly earnings data on Wednesday, March 13th. The company reported ($0.28) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.01. Tailored Brands had a net margin of 2.57% and a negative return on equity of 1,944.45%. The firm had revenue of $785.76 million during the quarter, compared to analysts’ expectations of $801.24 million. Tailored Brands’s quarterly revenue was down 8.6% compared to the same quarter last year.
In related news, insider Carrie Ann Ask bought 13,500 shares of the company’s stock in a transaction on Friday, April 12th. The shares were purchased at an average cost of $7.41 per share, for a total transaction of $100,035.00. Following the completion of the purchase, the insider now directly owns 20,962 shares in the company, valued at $155,328.42. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Brian T. Vaclavik bought 4,250 shares of the company’s stock in a transaction on Monday, March 18th. The stock was bought at an average price of $8.16 per share, for a total transaction of $34,680.00. Following the completion of the purchase, the chief accounting officer now owns 19,699 shares of the company’s stock, valued at $160,743.84. The disclosure for this purchase can be found here. 2.40% of the stock is currently owned by insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TLRD. Investors Research Corp purchased a new position in Tailored Brands in the first quarter valued at about $46,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Tailored Brands by 49.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,637 shares of the company’s stock valued at $50,000 after purchasing an additional 1,206 shares during the period. Neuburgh Advisers LLC raised its position in shares of Tailored Brands by 17.4% in the fourth quarter. Neuburgh Advisers LLC now owns 5,600 shares of the company’s stock valued at $76,000 after purchasing an additional 832 shares during the period. Cerebellum GP LLC raised its position in shares of Tailored Brands by 14,660.4% in the fourth quarter. Cerebellum GP LLC now owns 7,823 shares of the company’s stock valued at $107,000 after purchasing an additional 7,770 shares during the period. Finally, Tower Research Capital LLC TRC raised its position in shares of Tailored Brands by 308.3% in the third quarter. Tower Research Capital LLC TRC now owns 4,651 shares of the company’s stock valued at $117,000 after purchasing an additional 3,512 shares during the period.
Tailored Brands stock traded up $0.15 during midday trading on Wednesday, hitting $7.91. 1,778,020 shares of the stock were exchanged, compared to its average volume of 1,963,066. Tailored Brands has a 52-week low of $7.36 and a 52-week high of $35.94. The stock has a market cap of $382.38 million, a PE ratio of 3.42 and a beta of 1.70. The company has a debt-to-equity ratio of 317.61, a quick ratio of 0.37 and a current ratio of 1.91.
The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Tuesday, June 18th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 9.10%. The ex-dividend date is Monday, June 17th. Tailored Brands’s dividend payout ratio (DPR) is presently 31.17%.
Tailored Brands Company Profile
Tailored Brands, Inc operates as a specialty apparel retailer the United States, Puerto Rico, and Canada. It operates through two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, denim, sportswear, outerwear, dress shirts, shoes, and accessories for men.
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