Hibbett (HIBB) Stock Price, News & Analysis

7 Wall Street equities 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 equities 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 brokers have issued 1 year price targets for Hibbett's shares. Their HIBB share price targets range from $40.00 to $82.00. On average, they expect the company's stock price to reach $67.86 in the next twelve months. This suggests that the stock has a possible downside of 4.5%.
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Hibbett's stock was trading at $72.02 at the beginning of the year. Since then, HIBB shares have decreased by 1.3% and is now trading at $71.06.
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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 volume of 237,100 shares, the short-interest ratio is currently 6.3 days. Currently, 13.1% of the company's stock are sold short.
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) issued its quarterly earnings data on Friday, March, 15th. The company reported $2.55 earnings per share for the quarter, beating analysts' consensus estimates of $2.54 by $0.01. The firm earned $466.60 million during the quarter, compared to analysts' expectations of $477.42 million. Hibbett had a net margin of 5.97% and a trailing twelve-month return on equity of 25.72%. The firm's quarterly revenue was up 1.8% compared to the same quarter last year. During the same period last year, the business posted $2.91 EPS.

Hibbett declared a quarterly dividend on Wednesday, March 6th. Shareholders of record on Thursday, March 21st will be paid 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 1.41%. 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 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 number of institutional and retail 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%) 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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