Seaport Res Ptn Comments on Genesco Inc.’s FY2026 Earnings (NYSE:GCO)

Genesco Inc. (NYSE:GCO – Get Rating) – Seaport Res Ptn issued their FY2026 earnings per share (EPS) estimates for Genesco in a research report issued to clients and investors on Thursday, March 2nd. Seaport Res Ptn analyst M. Kummetz expects that the company will post earnings per share of $8.13 for the year. The consensus estimate for Genesco’s current full-year earnings is $5.55 per share.

Separately, StockNews.com downgraded Genesco from a “buy” rating to a “hold” rating in a research report on Monday, December 5th.

Genesco Stock Up 2.6 %

Shares of GCO opened at $48.07 on Friday. The company has a current ratio of 1.53, a quick ratio of 0.27 and a debt-to-equity ratio of 0.15. Genesco has a 12 month low of $37.54 and a 12 month high of $72.34. The stock’s 50 day moving average is $46.33 and its two-hundred day moving average is $46.90. The firm has a market cap of $606.16 million, a P/E ratio of 6.85 and a beta of 1.95.

Genesco (NYSE:GCO – Get Rating) last posted its earnings results on Friday, December 2nd. The company reported $1.65 EPS for the quarter, topping the consensus estimate of $1.57 by $0.08. The firm had revenue of $603.79 million for the quarter, compared to analyst estimates of $590.23 million. Genesco had a return on equity of 14.34% and a net margin of 3.98%.

Institutional Trading of Genesco

A number of institutional investors have recently bought and sold shares of GCO. Alliancebernstein L.P. increased its position in Genesco by 13.4% during the 4th quarter. Alliancebernstein L.P. now owns 671,250 shares of the company’s stock worth $30,891,000 after purchasing an additional 79,167 shares during the period. Squarepoint Ops LLC increased its holdings in Genesco by 8.8% in the 4th quarter. Squarepoint Ops LLC now owns 119,355 shares of the company’s stock valued at $5,493,000 after purchasing an additional 9,687 shares in the last quarter. Legion Partners Asset Management LLC grew its stake in shares of Genesco by 0.6% during the fourth quarter. Legion Partners Asset Management LLC now owns 928,042 shares of the company’s stock valued at $42,708,000 after acquiring an additional 5,862 shares in the last quarter. Morgan Stanley grew its stake in shares of Genesco by 11.3% during the fourth quarter. Morgan Stanley now owns 138,835 shares of the company’s stock valued at $6,389,000 after acquiring an additional 14,149 shares in the last quarter. Finally, Algert Global LLC acquired a new position in Genesco in the fourth quarter worth about $481,000. 94.27% of the stock is owned by hedge funds and other institutional investors.

Genesco Company Profile

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Genesco, Inc engages in the retail and sale of footwear, apparel, and accessories. It operates through the following segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Licensed Brands. The Journeys Group segment contains the Journeys, Journeys Kidz, Shi by Journeys and Little Burgundy retail stores, catalog and e-commerce operations.