How to Buy Designer Brands Stock
Designer Brands Inc
Designer Brands Inc. , together with its subsidiaries, designs, manufactures, and retails footwear and accessories for women, men, and kids primarily in North America. It operates through three segments: U.
Designer Brands stock last closed at $9.44, down 2.58% from the previous day, and has increased 9.77% in one year. It has underperformed other stocks in the Footwear & Accessories industry by 0.23 percentage points. Designer Brands stock is currently +53.75% from its 52-week low of $6.14, and -29.76% from its 52-week high of $13.44.
There are currently 57.24M DBI shares outstanding. The market value of DBI is $540.35M. In the last 24 hours, 1.16M DBI shares were traded.
How to Buy Designer Brands Stock
Wondering how to invest in Designer Brands stock? Here's how.
- Choose where to buy Designer Brands stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Designer Brands stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your method of payment and add your details.
- Research Designer Brands stock: The Designer Brands ticker symbol is DBI. Is Designer Brands stock a good investment? Should you buy shares of DBI? How do DBI's underlying business fundamentals look? Do top analysts think Designer Brands is a good buy? Why has DBI's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if DBI is a good stock to buy).
- Make your DBI buy order: Decide if you will purchase DBI shares at the current market price or use a limit order to purchase DBI stock at a particular price.
- Get notifications regarding your DBI investment: Create a watchlist to key updates about your new investment in Designer Brands shares.
Step 1: Choose where to buy Designer Brands stock
You need a brokerage account to access the NYSE market and buy DBI shares.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal info so you can buy DBI today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on mobile trading apps, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help depositing funds into your new investment account.
Step 4: Research Designer Brands stock
After you have selected the best place to buy Designer Brands stock, it's critical to analyze their stock before you invest, so you can understand the risk as well as the opportunity.
Designer Brands shares data
Fundamentals of Designer Brands
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on DBI's stock page.
Is DBI stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DBI's intrinsic value.
Using relative valuations ratios:
- DBI may be undervalued based on its P/E ratio of 20.09x, relative to Footwear & Accessories industry P/E ratio of 29.5x
- DBI may be undervalued based on its P/B ratio of 1.5x, relative to Footwear & Accessories industry P/B ratio of 7.35x
You can access additional valuation research on DBI's stock here.
A look at DBI Cashflows and Balance Sheet
Signs that DBI is financially healthy:
- There are more short-term assets than short-term liabilities on the DBI balance sheet.
Signs that DBI is not financially healthy:
- There are more long-term liabilities than short-term assets on the DBI balance sheet.
- DBI earnings of $72.21M is not enough to cover its interest payments.
- DBI's operating cash flow of $162.40M allows it to safely service it's debt of $1.24B.
- DBI profit margin has gone down from 4.9% to 0.9% in the past year.
- DBI has a relatively high debt to equity ratio of 4.77.
- Total DBI debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy Designer Brands stock
Out of 3 Wall Street analysts who track DBI, the consensus analyst rating on DBI is a Hold
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Designer Brands stock forecast page.
DBI Momentum
DBI Growth Metrics
Last year, DBI earnings were $29.06M. Over the last 4 year, DBI's earnings have grown by -22.16% per year. This was slower than the Footwear & Accessories industry average of 12.34%.
Last year, DBI revenue was $3.07B. Over the past 5 year, DBI's revenue has grown by -0.66% per year. This was slower than the Footwear & Accessories industry average of 10.76%.
You can research DBI's earnings and revenue performance here.
Who is buying/selling DBI?
In the past year, executives and large shareholders at DBI have sold more shares than they have bought.
Harvey L. Sonnenberg, Director of DBI, was the latest DBI insider to sell. They sold $77,868.00 worth of DBI shares on Apr 11, 2024.
Learn more about who owns DBI stock here.
Does DBI provide a stable income stream?
Designer Brands pays a dividend of 2.12%, compared to the Footwear & Accessories industry's average dividend yield of 2.54%. If you owned $1,000 worth of DBI stock, you would have been paid $21.19 in the past 12 months.
Designer Brands dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Designer Brands dividend yield and history here.
DBI Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your DBI buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, place a limit order.
Hit the Open Trade button and your broker will place your order.
If you need additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your DBI investment
Now that you own some DBI stock, you'll want to stay up-to-date on your investment.
Start a watchlist to track the most important metrics related to your DBI stock.
DBI Feed
How to Buy Stock in Designer Brands
To summarize, here are the 6 steps for buying Designer Brands stock:
- Choose where to buy Designer Brands stock
- Create a brokerage account
- Fund your brokerage account
- Research Designer Brands stock
- Make your DBI buy order
- Get notifications regarding your DBI investment
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Designer Brands, hit the button below to create your watchlist.
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