NASDAQ:HIBB

Hibbett (HIBB) Stock Price, News & Analysis

$86.12
-0.39 (-0.45%)
(As of 10:29 AM ET)
Today's Range
$86.00
$86.24
50-Day Range
$68.02
$86.51
52-Week Range
$34.86
$86.70
Volume
422,169 shs
Average Volume
315,917 shs
Market Capitalization
$1.02 billion
P/E Ratio
10.52
Dividend Yield
1.16%
Price Target
$72.29

Hibbett MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
16.0% Downside
$72.29 Price Target
Short Interest
Healthy
13.06% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.16
Upright™ Environmental Score
News Sentiment
0.44mentions of Hibbett in the last 14 days
Based on 33 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.90%
From $8.26 to $9.16 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.91 out of 5 stars

Retail/Wholesale Sector

73rd out of 200 stocks

Miscellaneous Shopping Goods Stores Industry

4th out of 7 stocks

HIBB stock logo

About Hibbett Stock (NASDAQ:HIBB)

Hibbett, Inc. together with its subsidiaries, engages in the retail of athletic-inspired fashion products in the United States. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, team sports equipment, and related accessories. The company operates Hibbett stores, City Gear stores, and Sports Additions athletic shoe stores. It also sells its products through online channels. The company was founded in 1945 and is headquartered in Birmingham, Alabama.

HIBB Stock Price History

HIBB Stock News Headlines

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Retailing giant to acquire Hibbett for $1.1B
Hibbett soars on JD Sports takeover bid
City Gear opening in Tyler
PLCE Apr 2024 8.500 call
See More Headlines
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Company Calendar

Last Earnings
3/15/2024
Ex-Dividend for 4/2 Dividend
3/20/2024
Dividend Payable
4/02/2024
Today
4/24/2024
Next Earnings (Estimated)
5/24/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Miscellaneous shopping goods stores
Sub-Industry
Specialty Stores
Current Symbol
NASDAQ:HIBB
CUSIP
42856710
Employees
12,500
Year Founded
1945

Price Target and Rating

Average Stock Price Target
$72.29
High Stock Price Target
$87.50
Low Stock Price Target
$40.00
Potential Upside/Downside
-16.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$103.16 million
Pretax Margin
7.61%

Debt

Sales & Book Value

Annual Sales
$1.73 billion
Cash Flow
$15.42 per share
Book Value
$35.60 per share

Miscellaneous

Free Float
11,445,000
Market Cap
$1.02 billion
Optionable
Optionable
Beta
1.75

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Key Executives


HIBB Stock Analysis - Frequently Asked Questions

Should I buy or sell Hibbett stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hibbett in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 1 buy rating 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.

What is Hibbett's stock price target for 2024?

7 brokers have issued 1 year price targets for Hibbett's stock. Their HIBB share price targets range from $40.00 to $87.50. On average, they predict the company's share price to reach $72.29 in the next year. This suggests that the stock has a possible downside of 16.0%.
View analysts price targets for HIBB
or view top-rated stocks among Wall Street analysts.

How have HIBB shares performed in 2024?

Hibbett's stock was trading at $72.02 at the beginning of the year. Since then, HIBB stock has increased by 19.5% and is now trading at $86.03.
View the best growth stocks for 2024 here
.

Are investors shorting Hibbett?

Hibbett saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,490,000 shares, a drop 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 presently 6.3 days. Approximately 13.1% of the shares of the stock are short sold.
View Hibbett's Short Interest
.

When is Hibbett's next earnings date?

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

How were Hibbett's earnings last quarter?

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

How often does Hibbett pay dividends? What is the dividend yield for Hibbett?

Hibbett declared a quarterly dividend on Wednesday, March 6th. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Wednesday, March 20th.
Read our dividend analysis for HIBB
.

Is Hibbett a good dividend stock?

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 10.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HIBB.

What ETFs hold Hibbett's stock?

ETFs with the largest weight of Hibbett (NASDAQ:HIBB) stock in their portfolio include Invesco S&P SmallCap 600 GARP ETF (GRPZ) and Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).iShares US Small Cap Value Factor ETF (SVAL).

What guidance has Hibbett issued on next quarter's earnings?

Hibbett issued an update on its FY25 earnings guidance on Friday, March, 15th. The company provided earnings per share (EPS) 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.

What is Mike Longo's approval rating as Hibbett's CEO?

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.

What other stocks do shareholders of Hibbett own?
Who are Hibbett's major shareholders?

Hibbett's stock is owned by a variety of retail and institutional investors. Top institutional investors include AdvisorNet Financial Inc (0.15%), State of Alaska Department of Revenue (0.06%), Los Angeles Capital Management LLC (0.06%), Allspring Global Investments Holdings LLC (0.05%), Louisiana State Employees Retirement System (0.05%) and Maryland State Retirement & Pension System (0.04%). 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
.

How do I buy shares of Hibbett?

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.

Does Hibbett have any subsidiaries?
The following companies are subsidiares of Hibbett: City Gear, Gift Card Services LLC., Hibbett Digital Management LLC, Hibbett Holdings LLC, Hibbett Sporting Goods Inc., and Hibbett Wholesale Inc..
Read More
This page (NASDAQ:HIBB) was last updated on 4/25/2024 by MarketBeat.com Staff

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