Hibbett (HIBB) Stock Price, News & Analysis

7 Wall Street research 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 research 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 Wall Street analysts have issued 1-year price objectives 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 year. 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 shares have decreased by 2.7% and is now trading at $70.07.
View the best growth stocks for 2024 here.

Hibbett saw a decrease in short interest in March. As of March 31st, there was short interest totaling 1,490,000 shares, a decrease of 14.9% from the March 15th total of 1,750,000 shares. Based on an average daily 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) announced its quarterly earnings results on Friday, March, 15th. The company reported $2.55 EPS for the quarter, topping the consensus estimate of $2.54 by $0.01. The business had revenue of $466.60 million for the quarter, compared to analyst estimates of $477.42 million. Hibbett had a net margin of 5.97% and a trailing twelve-month return on equity of 25.72%. Hibbett's revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.91 earnings per share.

Hibbett announced 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 yield of 1.43%. The ex-dividend date of this dividend 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 1.43%. 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 Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).iShares US Small Cap Value Factor ETF (SVAL).

Hibbett updated its FY25 earnings guidance on Friday, March, 15th. The company provided EPS guidance of $8.00-8.75 for the period, compared to the consensus earnings per share 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 many different institutional and retail 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.