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Saturday, December 2, 2023

Taking On Challenges And Growing? – Designer Brands Inc (DBI)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Designer Brands Inc (DBI) shows that investor sentiment remained same, with the stock’s consolidated last price to $10.76. The Designer Brands Inc has recorded 22,297 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Designer Brands, JEMS by PENSOLE launch the FIRST JEM, inaugural shoe to roll off assembly line at one of the first Black-owned footwear factories in U.S..

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Stocks Info

Designer Brands Inc is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Footwear & Accessories industry. At the end of the last regular session, the stock closed at $10.76 and fluctuated between $10.93 as its day high and $10.57 as its day low. The current market capitalization of Designer Brands Inc is $625.48M. A total of 0.93 million shares were traded on the day, compared to an average of 1.61M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, DBI has seen 5 BUY and 12 SELL insider trades, representing the acquisition of 350,817 and the disposition of 492,787 shares. Over the last 12 months, there were 30 BUYs and 24 SELLs from insiders. Insiders purchased 2,154,259 shares during that period but sold 1,278,336.

In the most recent transaction, Ferree Deborah L sold 33,000 shares of DBI for 12.52 per share on Oct 17. After the transaction, the Vice Chair, Chief Product Off now owns 230,813 company shares. In a previous transaction on Oct 16, Ferree Deborah L sold 32,000 shares at 12.14 per share. DBI shares that Vice Chair, Chief Product Off owns now total 263,813.

Among the insiders who sold shares, Ferree Deborah L disposed of 1,000 shares on Oct 13 at a per-share price of $12.00. This resulted in the Vice Chair, Chief Product Off holding 295,813 shares of DBI after the transaction. In another insider transaction, Haley Mark sold 2,075 shares at $12.35 per share on Oct 04. Company shares held by the SVP, Controller and PAO now total 16,125.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Designer Brands Inc pays an annual dividend of $0.21, resulting in a dividend yield of 1.95%, and it has a price to earnings (P/E) ratio of 5.27. DBI’s most recent ex-dividend date was 10/2/2023 when it declared a $0.05 quarterly dividend that was paid in cash on 10/17/2023. Previously, the company paid the dividend on 7/11/2023 with an ex-dividend date of 6/26/2023. The DBI stock dividend was $0.05 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for DBI in the last 3 months, the mean price target is $12.67 with high estimates of $14.00 and low estimates of $11.00. In terms of 52-week highs and lows, DBI has a high of $16.39 and a low of $6.14.

As of this writing, DBI has an earnings estimate of $0.47 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.49 per share and a lower estimate of $0.43. The company reported an EPS of $0.21 in the last quarter, which was -8.70% lower than expectations of $0.23.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DBI is Buy with a score of 3.00.

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