What is Seaport Res Ptn’s Forecast for Genesco Q4 Earnings?

Genesco Inc. (NYSE:GCOFree Report) – Equities research analysts at Seaport Res Ptn upped their Q4 2025 earnings per share estimates for Genesco in a report issued on Tuesday, December 3rd. Seaport Res Ptn analyst M. Kummetz now forecasts that the company will earn $3.38 per share for the quarter, up from their prior estimate of $3.33. The consensus estimate for Genesco’s current full-year earnings is $0.66 per share.

Separately, StockNews.com downgraded Genesco from a “buy” rating to a “hold” rating in a report on Thursday, November 28th.

Get Our Latest Report on GCO

Genesco Stock Up 3.4 %

Shares of Genesco stock opened at $38.19 on Wednesday. Genesco has a 1 year low of $23.21 and a 1 year high of $38.41. The business has a 50-day moving average of $29.32 and a two-hundred day moving average of $27.95. The company has a market capitalization of $428.49 million, a P/E ratio of -545.49 and a beta of 2.47. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.53 and a quick ratio of 0.40.

Genesco (NYSE:GCOGet Free Report) last announced its quarterly earnings results on Friday, September 6th. The company reported ($0.83) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.12) by $0.29. Genesco had a positive return on equity of 0.49% and a negative net margin of 0.03%. The company had revenue of $525.19 million during the quarter, compared to the consensus estimate of $512.19 million.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. American Century Companies Inc. boosted its position in shares of Genesco by 20.2% during the second quarter. American Century Companies Inc. now owns 157,064 shares of the company’s stock worth $4,062,000 after buying an additional 26,436 shares during the period. Acadian Asset Management LLC boosted its position in Genesco by 57.3% during the second quarter. Acadian Asset Management LLC now owns 271,394 shares of the company’s stock valued at $7,016,000 after purchasing an additional 98,901 shares during the last quarter. Dynamic Technology Lab Private Ltd boosted its position in Genesco by 166.4% during the third quarter. Dynamic Technology Lab Private Ltd now owns 34,275 shares of the company’s stock valued at $931,000 after purchasing an additional 21,410 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Genesco by 2.4% during the second quarter. Dimensional Fund Advisors LP now owns 745,818 shares of the company’s stock valued at $19,286,000 after purchasing an additional 17,664 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in Genesco by 139.9% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 36,279 shares of the company’s stock valued at $986,000 after purchasing an additional 21,158 shares during the last quarter. 94.51% of the stock is owned by institutional investors and hedge funds.

About Genesco

(Get Free Report)

Genesco Inc operates as a retailer and wholesaler of footwear, apparel, and accessories in the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Genesco Brands.

See Also

Earnings History and Estimates for Genesco (NYSE:GCO)

Receive News & Ratings for Genesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genesco and related companies with MarketBeat.com's FREE daily email newsletter.