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Are you looking to buy Designer Brands stocks? Chech our Reportlab with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:DBI! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Designer Brands stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Designer Brands Inc., together with its subsidiaries, designs, manufactures, and retails footwear and accessories for women, men, and kids primarily in North America. It operates through three segments: U.S. Retail, Canada Retail, and Brand Portfolio. The company also provides dress, casual, and athletic footwear; and handbags, hosiery, jewelry, and other accessories. The company offers its products under the Vince Camuto, Louise et Cie, Sole Society, CC Corso Como, Jessica Simpson, Lucky, Max Studio, and other brands. It operates vincecamuto.com and solesociety.com e-commerce sites. The company operates a portfolio of retail concepts in approximately 1000 locations under the DSW Designer Shoe Warehouse, The Shoe Company, and Shoe Warehouse banners. As of February 1, 2020, it operated 666 stores. Designer Brands Inc. is based in Columbus, Ohio.
Average volume
2.53 million shs
MARKET CAP
$919.39 million
Stock exchange
NYSE
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NYSE:DBI
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Shoe stores
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Retail/Wholesale
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44,863 shs
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Below is a quick guide on how to buy NYSE:DBI stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Designer Brands shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Designer Brands – Search for “”NYSE:DBI”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Designer Brands stocks with 0% commission!.
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7 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Designer Brands in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” Designer Brands stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DBI, but not buy additional shares or sell existing shares.
Wall Street analysts have given Designer Brands a “Hold” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but Designer Brands wasn’t one of them. Reportlab thinks five stocks may be even better buys in the how to buy stocks guide.
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It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:DBI stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Designer Brands stocks with a step by step approach.
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Designer Brands stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Now that you’ve funded your eToro account, just type “NYSE:DBI stocks” into the search bar at the top of the screen and press “trade”.
All that’s left is to buy some NYSE:DBI stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
All in all, NYSE:DBI is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Designer Brands stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
Designer Brands is scheduled to release its next quarterly earnings announcement on Tuesday, March 16th 2021.
View our earnings forecast for Designer Brands.
Designer Brands Inc. (NYSE:DBI) issued its quarterly earnings data on Tuesday, December, 8th. The company reported ($0.26) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.43) by $0.17. The firm earned $652.90 million during the quarter, compared to the consensus estimate of $651.83 million. Designer Brands had a negative trailing twelve-month return on equity of 49.38% and a negative net margin of 14.76%. Designer Brands’s revenue for the quarter was down 30.3% on a year-over-year basis. During the same period last year, the firm earned $0.67 EPS.
View Designer Brands’ earnings history.
Designer Brands’ stock was trading at $11.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DBI shares have increased by 16.2% and is now trading at $12.90.
Designer Brands announced a quarterly dividend on Wednesday, March 18th. Stockholders of record on Monday, March 30th will be paid a dividend of $0.10 per share on Friday, April 10th. This represents a $0.40 annualized dividend and a dividend yield of 3.10%. The ex-dividend date is Friday, March 27th.
View Designer Brands’ dividend history.
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:DBI stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
7 analysts have issued 1-year price objectives for Designer Brands’ stock. Their forecasts range from $4.30 to $12.00. On average, they anticipate Designer Brands’ stock price to reach $7.22 in the next twelve months. This suggests that the stock has a possible downside of 44.1%.
View analysts’ price targets for Designer Brands or view top-rated stocks among Wall Street analysts.
Designer Brands saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 8,070,000 shares, a drop of 18.4% from the December 15th total of 9,890,000 shares. Based on an average daily trading volume, of 1,900,000 shares, the short-interest ratio is presently 4.2 days. Approximately 13.1% of the shares of the stock are sold short.
View Designer Brands’ Short Interest.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Designer Brands’ management team includes the following people:
Mr. Jay L. Schottenstein, Exec. Chairman (Age 67, Pay $1.27M)
Mr. Roger L. Rawlins, CEO & Director (Age 54, Pay $1.29M)
Ms. Deborah L. Ferrée, Vice Chairman & Pres (Age 67, Pay $1.23M)
Mr. Jared A. Poff, Exec. VP & CFO (Age 48, Pay $583.91k)
Mr. William L. Jordan, Exec. VP & Chief Growth Officer (Age 49, Pay $901.78k)
Mr. Drew T. Domecq, Exec. VP & Chief Information Officer (Age 47)
Ms. Christina S. Cheng CFA, Sr. Director of Investor Relations
Michelle C. Krall, Sr. VP, Corp. Sec. & Gen. Counsel
Margaret Standing, Director of Corp. Communications
Ms. Mary J. Turner, Exec. VP & Pres of Canada (Age 63)
Some companies that are related to Designer Brands include The TJX Companies (TJX), Ross Stores (ROST), The Gap (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), The Buckle (BKE), Abercrombie & Fitch (ANF), Guess’ (GES), Zumiez (ZUMZ), The Children’s Place (PLCE), Shoe Carnival (SCVL), Genesco (GCO), Citi Trends (CTRN) and Caleres (CAL).
View all of DBI’s competitors.
Based on aggregate information from Reportlab watchlists, some companies that other Designer Brands investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil Co. (ATH.TO) (ATH), Precision Drilling Co. (PD.TO) (PD), Och-Ziff Capital Management Group (OZM) and Micron Technology (MU).
Designer Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol “DBI.”
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Designer Brands’ stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.18%), Russell Investments Group Ltd. (2.04%), Goodman Financial Corp (1.50%), Smith Graham & Co. Investment Advisors LP (0.46%), Boston Partners (0.32%) and Swiss National Bank (0.19%). Company insiders that own Designer Brands stock include Deborah L Ferree, Harvey L Sonnenberg, Jared A Poff, Jay L Schottenstein, Joanne Zaiac and Roger Rawlins.
View institutional ownership trends for Designer Brands.
DBI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., GSA Capital Partners LLP, Prime Capital Investment Advisors LLC, Penbrook Management LLC, Smith Graham & Co. Investment Advisors LP, Comerica Bank, State of Alaska Department of Revenue, and Texas Permanent School Fund. Company insiders that have sold Designer Brands company stock in the last year include Deborah L Ferree, and Harvey L Sonnenberg.
View insider buying and selling activity for Designer Brands or view top insider-selling stocks.
DBI stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Boston Partners, Goodman Financial Corp, New York State Teachers Retirement System, Aperio Group LLC, Venture Visionary Partners LLC, Praetorian Wealth Management Inc., and Investors Asset Management of Georgia Inc. GA ADV. Company insiders that have bought Designer Brands stock in the last two years include Jared A Poff, Jay L Schottenstein, and Roger Rawlins.
View insider buying and selling activity for Designer Brands or or view top insider-buying stocks.
Shares of DBI can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
One share of DBI stock can currently be purchased for approximately $12.90.
Designer Brands has a market capitalization of $933.87 million and generates $3.49 billion in revenue each year. The company earns $94.50 million in net income (profit) each year or $1.53 on an earnings per share basis.
At Reportlab.org we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
How to buy Designer Brands stocks?
The safest and easiest way to buy NYSE:DBI stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Designer Brands stock?
You will first want to find a licensed broker that supports Designer Brands stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:DBI stocks in a safe and complete environment.
Is NYSE:DBI stock a good investment?
As with any other asset, there is an element of risk associated with buying NYSE:DBI stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Designer Brands stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with NYSE:DBI is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Designer Brands stock.
How do you trade Designer Brands stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Designer Brands stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:DBI stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Designer Brands stock?
To sell your NYSE:DBI stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Designer Brands stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:DBI stock.
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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