Hibbett - HIBB Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hibbett in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HIBB shares.
View HIBB analyst ratings or view top-rated stocks.

6 brokers have issued twelve-month target prices for Hibbett's stock. Their HIBB share price forecasts range from $70.00 to $88.00. On average, they predict the company's stock price to reach $78.60 in the next twelve months. This suggests a possible upside of 29.8% from the stock's current price.
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Hibbett's stock was trading at $71.93 at the start of the year. Since then, HIBB shares have decreased by 15.8% and is now trading at $60.55.
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The company is scheduled to release its next quarterly earnings announcement on Friday, December 2nd 2022.
View our HIBB earnings forecast.

Hibbett, Inc. (NASDAQ:HIBB) posted its quarterly earnings data on Thursday, August, 25th. The company reported $1.86 EPS for the quarter, missing analysts' consensus estimates of $2.16 by $0.30. The company earned $392.80 million during the quarter, compared to analysts' expectations of $394.44 million. Hibbett had a net margin of 6.76% and a trailing twelve-month return on equity of 34.89%. Hibbett's revenue for the quarter was down 6.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.86 earnings per share.

Hibbett announced a quarterly dividend on Wednesday, August 24th. Investors of record on Thursday, September 8th will be given a dividend of $0.25 per share on Tuesday, September 20th. This represents a $1.00 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Wednesday, September 7th.
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 1.71%. The dividend payout ratio is 13.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HIBB will have a dividend payout ratio of 9.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HIBB.

Hibbett issued an update on its FY 2023 earnings guidance on Tuesday, September, 6th. The company provided EPS guidance of $9.75-$10.50 for the period, compared to the consensus EPS estimate of $9.66. The company issued revenue guidance of -.

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 CA (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 trades on the NASDAQ under the ticker symbol "HIBB."

Hibbett's stock is owned by many different institutional and retail investors. Top institutional shareholders include State Street Corp (4.47%), Macquarie Group Ltd. (3.99%), Price T Rowe Associates Inc. MD (3.61%), Bronte Capital Management Pty Ltd. (2.93%), Goldman Sachs Group Inc. (2.09%) and Smith Graham & Co. Investment Advisors LP (1.70%). Insiders that own company stock include Alton E Yother, Alton E Yother, Anthony F Crudele, Benjamin Ashley Knighten, Cathy E Pryor, David Mitchell Benck, Dorlisa K Flur, James A Hilt, Jane F Aggers, Jared S Briskin, Jeffry O Rosenthal, Michael E Longo, Ronald P Blahnik, Scott Randall Humphrey, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HIBB stock can currently be purchased for approximately $60.55.

Hibbett (NASDAQ:HIBB) has a market capitalization of $783.21 million and generates $1.69 billion in revenue each year. The company earns $174.31 million in net income (profit) each year or $7.68 on an earnings per share basis.

The company employs 11,000 workers across the globe.

Hibbett was founded in 1945.

Hibbett's mailing address is 2700 MILAN COURT, BIRMINGHAM AL, 35211. The official website for the company is www.hibbett.com. The company can be reached via phone at (205) 942-4292, via email at jack.drapacz@cci-ir.com, or via fax at 205-912-7290.