L Brands (LB) to Release Quarterly Earnings on Wednesday

L Brands (NYSE:LB) is scheduled to announce its earnings results after the market closes on Wednesday, February 28th. Analysts expect the company to announce earnings of $2.04 per share for the quarter.

Shares of L Brands (NYSE LB) opened at $47.41 on Wednesday. The company has a market capitalization of $13,380.00, a price-to-earnings ratio of 14.45, a PEG ratio of 1.26 and a beta of 0.61. The company has a quick ratio of 0.60, a current ratio of 1.45 and a debt-to-equity ratio of -5.10. L Brands has a 12-month low of $35.00 and a 12-month high of $63.10.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Friday, February 23rd will be given a $0.60 dividend. The ex-dividend date is Thursday, February 22nd. This represents a $2.40 annualized dividend and a dividend yield of 5.06%. L Brands’s dividend payout ratio (DPR) is presently 73.17%.

Several analysts have recently commented on LB shares. B. Riley set a $58.00 target price on L Brands and gave the stock a “buy” rating in a research report on Thursday, November 16th. FBR & Co set a $58.00 price objective on L Brands and gave the company a “buy” rating in a research report on Monday, October 30th. Northcoast Research raised L Brands from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 7th. Barclays lifted their price objective on L Brands from $44.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, January 25th. Finally, Robert W. Baird reissued a “hold” rating and set a $44.00 price objective on shares of L Brands in a research report on Wednesday, November 1st. Six equities research analysts have rated the stock with a sell rating, twenty have given a hold rating and thirteen have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $52.30.

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About L Brands

L Brands, Inc operates specialty retail business. The Company is focused on women’s intimate and other apparel, personal care, beauty and home fragrance categories. Its segments include Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. It sells its merchandise through company-owned specialty retail stores in the United States, Canada, the United Kingdom and Greater China, which are mall-based; through Websites, and through international franchise, license and wholesale partners.

Earnings History for L Brands (NYSE:LB)

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