Genesco (GCO) Stock Price, News & Analysis

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

1 equities research analysts have issued 12 month price objectives for Genesco's shares. Their GCO share price targets range from $31.00 to $31.00. On average, they anticipate the company's stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price.
View analysts price targets for GCO or view top-rated stocks among Wall Street analysts.

Genesco's stock was trading at $35.21 at the beginning of the year. Since then, GCO shares have decreased by 27.3% and is now trading at $25.61.
View the best growth stocks for 2024 here.

Genesco saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 730,500 shares, a drop of 12.9% from the February 29th total of 838,700 shares. Based on an average trading volume of 119,600 shares, the days-to-cover ratio is currently 6.1 days. Approximately 6.9% of the company's stock are sold short.
View Genesco's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our GCO earnings forecast.

Genesco Inc. (NYSE:GCO) issued its quarterly earnings results on Friday, March, 8th. The company reported $2.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.66 by $0.07. The company earned $739 million during the quarter, compared to analysts' expectations of $705.66 million. Genesco had a positive trailing twelve-month return on equity of 1.15% and a negative net margin of 0.72%. Genesco's revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the company posted $3.06 earnings per share.

Genesco issued an update on its FY 2025 earnings guidance on Friday, March, 8th. The company provided EPS guidance of 0.600-1.000 for the period, compared to the consensus EPS estimate of 2.530. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion.

8 employees have rated Genesco Chief Executive Officer Mimi Vaughn on Glassdoor.com. Mimi Vaughn has an approval rating of 70% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Genesco investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Intelsat (I), Ciena (CIEN), Chipotle Mexican Grill (CMG), Transocean (RIG), Bank of America (BAC), Micron Technology (MU) and Workday (WDAY).

Shares of GCO 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.