Levi Strauss & Co. (NYSE:LEVI) Plans $0.14 Quarterly Dividend

Levi Strauss & Co. (NYSE:LEVI) announced a quarterly dividend on Wednesday, January 28th. Shareholders of record on Tuesday, February 10th will be paid a dividend of 0.14 per share by the blue-jean maker on Wednesday, February 25th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, February 10th.

Levi Strauss & Co. has increased its dividend by an average of 0.3%annually over the last three years and has raised its dividend every year for the last 4 years. Levi Strauss & Co. has a dividend payout ratio of 41.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Levi Strauss & Co. to earn $1.39 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 40.3%.

Levi Strauss & Co. Price Performance

Shares of Levi Strauss & Co. stock traded down $0.74 on Thursday, hitting $19.73. The company had a trading volume of 1,969,798 shares, compared to its average volume of 1,963,428. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.52 and a quick ratio of 0.87. The company has a market cap of $7.71 billion, a PE ratio of 12.86, a PEG ratio of 1.43 and a beta of 1.33. The business has a 50-day simple moving average of $21.48 and a 200-day simple moving average of $21.50. Levi Strauss & Co. has a 52 week low of $12.17 and a 52 week high of $24.82.

Levi Strauss & Co. (NYSE:LEVI) last issued its quarterly earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Levi Strauss & Co. had a return on equity of 27.92% and a net margin of 9.48%.The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the previous year, the company posted $0.50 earnings per share. Levi Strauss & Co.’s revenue for the quarter was up .9% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. Research analysts expect that Levi Strauss & Co. will post 1.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Wall Street Zen upgraded Levi Strauss & Co. from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Morgan Stanley lifted their price objective on Levi Strauss & Co. from $19.00 to $20.00 and gave the company an “equal weight” rating in a report on Friday, October 10th. Needham & Company LLC reissued a “buy” rating and issued a $28.00 target price on shares of Levi Strauss & Co. in a research note on Thursday. Raymond James Financial initiated coverage on Levi Strauss & Co. in a report on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 target price on the stock. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $27.00 price objective on shares of Levi Strauss & Co. in a report on Wednesday, January 21st. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $26.46.

Levi Strauss & Co. Company Profile

Levi Strauss & Co is a global apparel company best known for its denim jeans and casual wear. Founded in 1853 in San Francisco by Bavarian immigrant Levi Strauss, the company pioneered the modern blue jean with the introduction of rivet-reinforced work pants. Over its more than 160-year history, Levi Strauss has evolved into a lifestyle brand, offering a broad portfolio that includes denim for men, women and children, as well as tops, outerwear, footwear and accessories.

The company’s flagship label, Levi’s®, is recognized worldwide for its iconic styles such as the 501® Original Fit Jeans, while additional brands, including Dockers®, Target core metric, and Denizen® by Levi’s, cater to diverse price points and consumer segments.