Q1 Earnings Estimate for BNED Issued By Northland Securities

Barnes & Noble Education, Inc (NYSE:BNED) – Northland Securities increased their Q1 2027 earnings per share estimates for Barnes & Noble Education in a research report issued on Friday, July 10th. Northland Securities analyst O. Rickert now expects that the specialty retailer will post earnings per share of ($0.50) for the quarter, up from their prior estimate of ($0.52). The consensus estimate for Barnes & Noble Education’s current full-year earnings is $0.71 per share. Northland Securities also issued estimates for Barnes & Noble Education’s Q3 2027 earnings at $0.62 EPS and Q4 2027 earnings at ($0.25) EPS.

Several other brokerages have also commented on BNED. Wall Street Zen upgraded shares of Barnes & Noble Education from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. Zacks Research upgraded Barnes & Noble Education to a “hold” rating in a research report on Thursday, June 11th. Needham & Company LLC raised Barnes & Noble Education from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a report on Friday, June 26th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Barnes & Noble Education in a research report on Wednesday, July 8th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $17.25.

Barnes & Noble Education Trading Up 0.6%

Shares of NYSE:BNED opened at $12.59 on Thursday. The company has a quick ratio of 0.66, a current ratio of 1.71 and a debt-to-equity ratio of 0.24. The company’s 50-day moving average price is $11.02 and its 200 day moving average price is $9.77. The company has a market cap of $436.12 million, a PE ratio of 26.79 and a beta of 1.29. Barnes & Noble Education has a fifty-two week low of $5.90 and a fifty-two week high of $14.75.

Barnes & Noble Education (NYSE:BNED) last released its quarterly earnings results on Thursday, July 9th. The specialty retailer reported $0.10 EPS for the quarter, topping the consensus estimate of $0.07 by $0.03. Barnes & Noble Education had a net margin of 0.98% and a return on equity of 7.92%. The business had revenue of $267.10 million during the quarter, compared to analyst estimates of $267.55 million.

Barnes & Noble Education Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 16th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Thursday, July 16th. Barnes & Noble Education’s dividend payout ratio is currently 68.09%.

Insider Buying and Selling

In other Barnes & Noble Education news, CFO Jason Snagusky sold 2,237 shares of the firm’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $11.61, for a total transaction of $25,971.57. Following the transaction, the chief financial officer owned 76,762 shares of the company’s stock, valued at approximately $891,206.82. This trade represents a 2.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders have sold 5,513 shares of company stock worth $65,973. 1.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BNED. Kanen Wealth Management LLC grew its holdings in Barnes & Noble Education by 30.6% during the first quarter. Kanen Wealth Management LLC now owns 3,090,043 shares of the specialty retailer’s stock worth $32,445,000 after acquiring an additional 724,683 shares during the period. Prescott Group Capital Management L.L.C. lifted its holdings in Barnes & Noble Education by 186.5% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 881,799 shares of the specialty retailer’s stock valued at $8,104,000 after acquiring an additional 573,992 shares during the last quarter. Centaurus Financial Inc. boosted its position in shares of Barnes & Noble Education by 2.9% during the 3rd quarter. Centaurus Financial Inc. now owns 296,046 shares of the specialty retailer’s stock valued at $2,946,000 after purchasing an additional 8,462 shares in the last quarter. Sei Investments Co. acquired a new position in shares of Barnes & Noble Education in the 1st quarter worth approximately $102,000. Finally, Royal Bank of Canada grew its position in Barnes & Noble Education by 261.1% in the fourth quarter. Royal Bank of Canada now owns 3,972 shares of the specialty retailer’s stock worth $36,000 after buying an additional 2,872 shares during the last quarter. Institutional investors and hedge funds own 38.51% of the company’s stock.

About Barnes & Noble Education

Barnes & Noble Education, Inc (NYSE: BNED) is a leading provider of educational products and services to the higher education community. The company operates retail campus bookstores under Barnes & Noble College, offering course materials, general merchandise, and digital content. In addition, Barnes & Noble Education delivers educational technology solutions through its digital learning platform and supplemental courseware.

Originally part of Barnes & Noble, Inc, the company completed its spin-off and initial public offering in February 2015 to focus exclusively on college retail and digital learning.