Analysts expect DSW Inc. (NYSE:DSW) to post $828.83 million in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for DSW’s earnings, with estimates ranging from $742.70 million to $863.99 million. DSW reported sales of $719.98 million in the same quarter last year, which would suggest a positive year over year growth rate of 15.1%. The company is scheduled to announce its next earnings report on Tuesday, March 12th.

On average, analysts expect that DSW will report full-year sales of $3.20 billion for the current year, with estimates ranging from $3.19 billion to $3.20 billion. For the next financial year, analysts anticipate that the business will post sales of $3.59 billion, with estimates ranging from $3.17 billion to $3.82 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that follow DSW.

DSW (NYSE:DSW) last issued its quarterly earnings data on Tuesday, December 11th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.17. The firm had revenue of $833.00 million during the quarter, compared to analysts’ expectations of $791.23 million. DSW had a return on equity of 18.11% and a net margin of 1.21%. DSW’s revenue was up 17.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.45 earnings per share.

Several brokerages recently issued reports on DSW. ValuEngine raised DSW from a “hold” rating to a “buy” rating in a report on Thursday, September 27th. B. Riley boosted their price target on DSW from $23.00 to $30.00 and gave the stock a “neutral” rating in a report on Wednesday, August 29th. Citigroup boosted their price target on DSW from $25.00 to $33.00 and gave the stock a “neutral” rating in a report on Wednesday, August 29th. Wedbush boosted their price target on DSW from $24.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, August 29th. Finally, Telsey Advisory Group boosted their price target on DSW from $24.00 to $34.00 and gave the stock a “market perform” rating in a report on Wednesday, August 29th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the stock. DSW has a consensus rating of “Hold” and an average target price of $29.09.

DSW stock traded down $0.25 during midday trading on Friday, hitting $23.32. 2,367,051 shares of the stock were exchanged, compared to its average volume of 2,498,633. The stock has a market cap of $1.89 billion, a PE ratio of 15.34, a P/E/G ratio of 1.46 and a beta of 1.12. DSW has a fifty-two week low of $18.01 and a fifty-two week high of $34.63.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 4th. Stockholders of record on Friday, December 21st will be issued a $0.25 dividend. The ex-dividend date is Thursday, December 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.29%. DSW’s dividend payout ratio (DPR) is 65.79%.

In other news, Director Harvey L. Sonnenberg sold 5,540 shares of the business’s stock in a transaction on Wednesday, December 12th. The stock was sold at an average price of $25.50, for a total value of $141,270.00. Following the completion of the transaction, the director now directly owns 12,335 shares of the company’s stock, valued at $314,542.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 16.70% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in DSW. Aperio Group LLC increased its stake in DSW by 21.7% in the second quarter. Aperio Group LLC now owns 15,126 shares of the company’s stock valued at $391,000 after purchasing an additional 2,694 shares during the last quarter. TD Asset Management Inc. acquired a new position in DSW in the second quarter valued at $4,234,000. Commonwealth Equity Services LLC acquired a new position in DSW in the second quarter valued at $213,000. D.A. Davidson & CO. increased its stake in DSW by 10.7% in the second quarter. D.A. Davidson & CO. now owns 20,090 shares of the company’s stock valued at $519,000 after purchasing an additional 1,947 shares during the last quarter. Finally, Bbva Compass Bancshares Inc. increased its stake in DSW by 29.7% in the second quarter. Bbva Compass Bancshares Inc. now owns 13,820 shares of the company’s stock valued at $356,000 after purchasing an additional 3,168 shares during the last quarter. Hedge funds and other institutional investors own 88.35% of the company’s stock.

About DSW

DSW Inc, together with its subsidiaries, operates as a branded footwear and accessories retailer in the United States. The company offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids. It also provides handbags, hosiery, jewelry, and other accessories.

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Earnings History and Estimates for DSW (NYSE:DSW)

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