Analysts expect that DSW Inc. (NYSE:DSW) will announce $0.27 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for DSW’s earnings, with the lowest EPS estimate coming in at $0.26 and the highest estimate coming in at $0.28. DSW reported earnings per share of $0.20 in the same quarter last year, which suggests a positive year-over-year growth rate of 35%. The company is scheduled to report its next earnings report on Tuesday, March 13th.

On average, analysts expect that DSW will report full year earnings of $1.41 per share for the current financial year, with EPS estimates ranging from $1.40 to $1.42. For the next financial year, analysts anticipate that the company will post earnings of $1.56 per share, with EPS estimates ranging from $1.45 to $1.80. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow DSW.

DSW (NYSE:DSW) last issued its quarterly earnings results on Tuesday, November 21st. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.08). DSW had a net margin of 3.13% and a return on equity of 11.43%. The firm had revenue of $708.30 million for the quarter, compared to analysts’ expectations of $710.24 million. During the same period in the prior year, the firm earned $0.51 EPS. DSW’s revenue for the quarter was up 1.7% compared to the same quarter last year.

Several brokerages have weighed in on DSW. Standpoint Research raised shares of DSW from a “hold” rating to a “buy” rating in a report on Friday, October 20th. Wedbush reaffirmed an “ourperform” rating and set a $23.00 price target on shares of DSW in a report on Monday, September 25th. Susquehanna Bancshares upgraded shares of DSW from a “neutral” rating to a “positive” rating and set a $23.00 price objective on the stock in a research report on Thursday, November 16th. Canaccord Genuity set a $22.00 price objective on shares of DSW and gave the company a “hold” rating in a research report on Sunday, January 7th. Finally, Jefferies Group set a $20.00 price objective on shares of DSW and gave the company a “hold” rating in a research report on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $21.42.

Several institutional investors have recently added to or reduced their stakes in DSW. Schwab Charles Investment Management Inc. raised its position in shares of DSW by 13.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 615,241 shares of the company’s stock valued at $10,890,000 after buying an additional 71,194 shares during the last quarter. SG Americas Securities LLC bought a new stake in DSW in the second quarter worth $196,000. Victory Capital Management Inc. increased its position in DSW by 8.1% in the second quarter. Victory Capital Management Inc. now owns 22,334 shares of the company’s stock worth $395,000 after purchasing an additional 1,670 shares during the last quarter. State of Tennessee Treasury Department increased its position in DSW by 820.1% in the second quarter. State of Tennessee Treasury Department now owns 63,485 shares of the company’s stock worth $1,124,000 after purchasing an additional 56,585 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in DSW by 33.4% in the second quarter. Wells Fargo & Company MN now owns 210,255 shares of the company’s stock worth $3,722,000 after purchasing an additional 52,653 shares during the last quarter. Hedge funds and other institutional investors own 89.13% of the company’s stock.

Shares of DSW (NYSE DSW) traded up $0.44 during trading hours on Thursday, reaching $21.07. 919,700 shares of the company’s stock traded hands, compared to its average volume of 1,308,018. DSW has a twelve month low of $15.14 and a twelve month high of $22.72. The stock has a market capitalization of $1,650.34, a P/E ratio of 19.88, a P/E/G ratio of 2.34 and a beta of 0.85.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.80%. The ex-dividend date of this dividend was Thursday, December 14th. DSW’s payout ratio is currently 75.47%.

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About DSW

DSW Inc is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment.

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Earnings History and Estimates for DSW (NYSE:DSW)

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