Bath & Body Works, Inc. (NYSE:BBWI) to Issue Quarterly Dividend of $0.20

Bath & Body Works, Inc. (NYSE:BBWI) announced a quarterly dividend on Friday, November 7th. Stockholders of record on Friday, November 21st will be given a dividend of 0.20 per share on Friday, December 5th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Friday, November 21st.

Bath & Body Works has decreased its dividend by an average of 0.1%per year over the last three years. Bath & Body Works has a payout ratio of 20.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Bath & Body Works to earn $3.70 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 21.6%.

Bath & Body Works Stock Up 1.1%

Shares of NYSE:BBWI traded up $0.25 on Friday, hitting $22.91. 6,011,944 shares of the company traded hands, compared to its average volume of 5,520,623. The stock has a 50 day simple moving average of $26.42 and a 200-day simple moving average of $28.84. The company has a market cap of $4.72 billion, a PE ratio of 6.80, a PEG ratio of 0.86 and a beta of 1.53. Bath & Body Works has a 52 week low of $22.38 and a 52 week high of $41.87.

Bath & Body Works (NYSE:BBWI) last announced its quarterly earnings results on Thursday, August 28th. The company reported $0.37 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.37. Bath & Body Works had a net margin of 9.88% and a negative return on equity of 48.43%. The company had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same quarter in the previous year, the business posted $0.37 EPS. Bath & Body Works’s revenue was down .8% compared to the same quarter last year. Bath & Body Works has set its Q3 2025 guidance at 0.370-0.45 EPS. FY 2025 guidance at 3.350-3.600 EPS. As a group, sell-side analysts anticipate that Bath & Body Works will post 3.3 earnings per share for the current year.

Analysts Set New Price Targets

BBWI has been the topic of a number of recent analyst reports. Jefferies Financial Group cut their price target on shares of Bath & Body Works from $32.00 to $28.50 and set a “hold” rating on the stock in a report on Monday, October 13th. Wall Street Zen cut Bath & Body Works from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Weiss Ratings reissued a “hold (c-)” rating on shares of Bath & Body Works in a report on Wednesday, October 8th. Wells Fargo & Company decreased their price target on Bath & Body Works from $44.00 to $33.00 and set an “overweight” rating for the company in a research note on Monday, October 27th. Finally, Barclays lowered their price target on Bath & Body Works from $32.00 to $28.00 and set an “equal weight” rating on the stock in a report on Monday, October 20th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $38.18.

About Bath & Body Works

Bath & Body Works, Inc is a specialty retailers and home to America’s Favorite Fragrances, offering a breadth of exclusive fragrances for the body and home, including the selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap.