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Several investment firms have updated their stock ratings and price targets on shares of DSW (NYSE: DSW) in the last week:

  • DSW had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a $29.00 price target on the stock, up previously from $28.00.
  • DSW had its “underperform” rating reaffirmed by analysts at Sterne Agee.
  • DSW had its price target raised by analysts at MKM Partners from $32.00 to $36.00. They now have a “buy” rating on the stock.
  • DSW had its price target raised by analysts at Telsey Advisory Group from $30.00 to $34.00. They now have a “not rated” rating on the stock.

DSW Inc. (NYSE:DSW) opened at 31.44 on Thursday. DSW Inc. has a 1-year low of $23.45 and a 1-year high of $47.55. The stock’s 50-day moving average is $27.59 and its 200-day moving average is $32.08. The company has a market cap of $3.094 billion and a price-to-earnings ratio of 18.34. DSW also saw unusually large options trading on Monday. Stock traders acquired 4,344 call options on the company. This is an increase of approximately 550% compared to the average daily volume of 668 call options.

DSW (NYSE:DSW) last issued its quarterly earnings data on Tuesday, August 26th. The company reported $0.37 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.32 by $0.05. The company had revenue of $587.00 million for the quarter, compared to the consensus estimate of $563.66 million. During the same quarter last year, the company posted $0.49 earnings per share. DSW’s revenue was up 4.4% compared to the same quarter last year. Analysts expect that DSW Inc. will post $1.55 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 30th. Stockholders of record on Friday, September 19th will be paid a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 2.39%. The ex-dividend date is Wednesday, September 17th.

DSW Inc (NYSE:DSW) is a United States branded footwear and accessories specialty retailer operating 326 shoe stores in 40 states as of January 28, 2012, and dsw.

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