Tiffany & Co. (NYSE:TIF) will be releasing its earnings data before the market opens on Friday, March 16th. Analysts expect Tiffany & Co. to post earnings of $1.53 per share for the quarter.
Shares of Tiffany & Co. (NYSE TIF) opened at $101.02 on Thursday. Tiffany & Co. has a fifty-two week low of $84.15 and a fifty-two week high of $111.44. The company has a debt-to-equity ratio of 0.28, a current ratio of 5.44 and a quick ratio of 2.09. The company has a market capitalization of $12,550.00, a P/E ratio of 27.08, a P/E/G ratio of 2.11 and a beta of 1.78.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 10th. Investors of record on Tuesday, March 20th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Monday, March 19th. This represents a $2.00 annualized dividend and a dividend yield of 1.98%. Tiffany & Co.’s dividend payout ratio is presently 53.62%.
In other news, Director Michael Joseph Kowalski sold 3,806 shares of Tiffany & Co. stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $102.53, for a total value of $390,229.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Philippe Galtie sold 673 shares of Tiffany & Co. stock in a transaction on Friday, January 19th. The shares were sold at an average price of $107.92, for a total value of $72,630.16. Following the completion of the sale, the insider now directly owns 673 shares of the company’s stock, valued at $72,630.16. The disclosure for this sale can be found here. In the last three months, insiders have sold 135,832 shares of company stock valued at $14,611,214. 1.30% of the stock is owned by insiders.
Several research firms recently commented on TIF. Oppenheimer reaffirmed a “buy” rating on shares of Tiffany & Co. in a report on Wednesday, November 22nd. Wells Fargo & Co set a $96.00 price target on Tiffany & Co. and gave the company a “hold” rating in a report on Thursday, January 11th. Zacks Investment Research raised Tiffany & Co. from a “hold” rating to a “buy” rating and set a $104.00 price target for the company in a report on Monday, November 27th. Royal Bank of Canada increased their price target on Tiffany & Co. to $108.00 and gave the company a “sector perform” rating in a report on Thursday, January 18th. They noted that the move was a valuation call. Finally, Citigroup raised Tiffany & Co. from a “neutral” rating to a “buy” rating and increased their price target for the company from $92.00 to $115.00 in a report on Thursday, December 14th. Ten research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $104.17.
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About Tiffany & Co.
Tiffany & Co is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. The Company’s segments include Americas, Asia-Pacific, Japan, Europe and Other. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO.
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