Media coverage about Tailored Brands (NASDAQ:TLRD) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tailored Brands earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.7977172763621 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Tailored Brands (TLRD) traded down $0.10 during midday trading on Friday, hitting $15.63. 720,100 shares of the stock were exchanged, compared to its average volume of 1,539,476. Tailored Brands has a 1 year low of $9.40 and a 1 year high of $28.76.
Tailored Brands (NASDAQ:TLRD) last announced its quarterly earnings results on Thursday, September 7th. The company reported $1.14 EPS for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.26. The business had revenue of $851.00 million for the quarter, compared to the consensus estimate of $868.22 million. The business’s revenue for the quarter was down 6.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.99 EPS.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Tuesday, December 12th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.61%. The ex-dividend date is Monday, December 11th. Tailored Brands’s dividend payout ratio (DPR) is currently 60.50%.
Several equities analysts have commented on TLRD shares. FBR & Co reissued a “buy” rating and issued a $16.00 target price on shares of Tailored Brands in a report on Thursday, September 21st. BidaskClub upgraded shares of Tailored Brands from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. ValuEngine upgraded shares of Tailored Brands from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. B. Riley restated a “buy” rating on shares of Tailored Brands in a research note on Wednesday, November 1st. Finally, Jefferies Group LLC restated a “hold” rating and issued a $13.00 price target (up from $12.00) on shares of Tailored Brands in a research note on Friday, September 8th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Tailored Brands currently has a consensus rating of “Buy” and a consensus target price of $16.86.
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About Tailored Brands
Tailored Brands, Inc is a holding company of The Men’s Wearhouse, Inc The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It operates through two segments: Retail and Corporate Apparel.
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