Hibbett (HIBB) Stock Price, News & Analysis

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hibbett in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HIBB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HIBB, but not buy additional shares or sell existing shares.
View HIBB analyst ratings or view top-rated stocks.

7 brokerages have issued 12-month price targets for Hibbett's shares. Their HIBB share price targets range from $40.00 to $82.00. On average, they anticipate the company's share price to reach $67.86 in the next twelve months. This suggests that the stock has a possible downside of 3.2%.
View analysts price targets for HIBB or view top-rated stocks among Wall Street analysts.

Hibbett's stock was trading at $72.02 at the start of the year. Since then, HIBB stock has decreased by 2.7% and is now trading at $70.07.
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Hibbett saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 1,490,000 shares, a decline of 14.9% from the March 15th total of 1,750,000 shares. Based on an average daily trading volume, of 237,100 shares, the short-interest ratio is currently 6.3 days. Currently, 13.1% of the company's stock are short sold.
View Hibbett's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, May 24th 2024.
View our HIBB earnings forecast.

Hibbett, Inc. (NASDAQ:HIBB) released its earnings results on Friday, March, 15th. The company reported $2.55 earnings per share for the quarter, topping the consensus estimate of $2.54 by $0.01. The company had revenue of $466.60 million for the quarter, compared to analysts' expectations of $477.42 million. Hibbett had a trailing twelve-month return on equity of 25.72% and a net margin of 5.97%. The company's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.91 EPS.

Hibbett declared a quarterly dividend on Wednesday, March 6th. Stockholders of record on Thursday, March 21st will be given a dividend of $0.25 per share on Tuesday, April 2nd. This represents a $1.00 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Wednesday, March 20th.
Read our dividend analysis for HIBB.

Hibbett (NASDAQ:HIBB) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.41%. The dividend payout ratio is 12.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HIBB will have a dividend payout ratio of 11.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HIBB.

ETFs with the largest weight of Hibbett (NASDAQ:HIBB) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP) and Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).iShares US Small Cap Value Factor ETF (SVAL).

Hibbett issued an update on its FY25 earnings guidance on Friday, March, 15th. The company provided earnings per share guidance of $8.00-8.75 for the period, compared to the consensus EPS estimate of $8.75. The company issued revenue guidance of flat to up ~2% yr/yr to ~$1.73-1.76 billion, compared to the consensus revenue estimate of $1.80 billion.

26 employees have rated Hibbett Chief Executive Officer Mike Longo on Glassdoor.com. Mike Longo has an approval rating of 74% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hibbett investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Micron Technology (MU), Aegean Marine Petroleum Network (ANW), Transocean (RIG) and AutoZone (AZO).

Hibbett's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include AdvisorNet Financial Inc (0.15%), Los Angeles Capital Management LLC (0.06%) and Allspring Global Investments Holdings LLC (0.05%). Insiders that own company stock include Alton E Yother, Anthony F Crudele, Benjamin Ashley Knighten, David Mitchell Benck, Dorlisa K Flur, James A Hilt, Michael E Longo, Ronald P Blahnik, Terrance G Finley and William G Quinn.
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Shares of HIBB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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