Home » Stocks » MIK

The Michaels Companies, Inc. (MIK)

Stock Price: $16.47 USD -1.00 (-5.72%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
After-hours: $16.80 +0.33 (2.00%) Jan 15, 6:14 PM
Market Cap 2.58B
Revenue (ttm) 5.08B
Net Income (ttm) 221.51M
Shares Out 147.40M
EPS (ttm) 1.50
PE Ratio 10.99
Forward PE 5.91
Dividend n/a
Dividend Yield n/a
Trading Day January 15
Last Price $16.47
Previous Close $17.47
Change ($) -1.00
Change (%) -5.72%
Day's Open 16.71
Day's Range 15.97 - 17.02
Day's Volume 7,882,383
52-Week Range 1.46 - 17.47

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Zacks Investment Research - 1 day ago

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...

Zacks Investment Research - 1 day ago

Top Ranked Value Stocks to Buy for January 14th

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The Motley Fool - 1 week ago

Third-quarter earnings results had investors cheering.

Zacks Investment Research - 1 week ago

Top Ranked Value Stocks to Buy for January 4th

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Zacks Investment Research - 1 week ago

The Michaels Companies (MIK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Zacks Investment Research - 2 weeks ago

Top Ranked Value Stocks to Buy for December 29th

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Zacks Investment Research - 3 weeks ago

Top Ranked Value Stocks to Buy for December 24th

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Zacks Investment Research - 3 weeks ago

Michaels (MIK) is gaining from its Maker strategy and impressive digital sales. Also, its sales trend seems encouraging.

Zacks Investment Research - 3 weeks ago

With only eight trading days left this year, markets are bracing for the so-called Santa Claus rally.

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GuruFocus - 4 weeks ago

It's the holiday season in the U.S., with Christmas, New Year's and several other seasonal holidays either in progress or just around the corner. This type of year always brings with it a dram...

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Zacks Investment Research - 4 weeks ago

Top Ranked Momentum Stocks to Buy for December 16th

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The Motley Fool - 1 month ago

One analyst says there's only about 17% upside, which counterintuitively sent shares sliding.

Zacks Investment Research - 1 month ago

Top Ranked Value Stocks to Buy for December 14th

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Zacks Investment Research - 1 month ago

Check out three stocks within a fun sector of the market--stocks trading for under $10 a share--that boast strong Zacks Ranks and have solid fundamentals. All three might be worth buying as we...

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Zacks Investment Research - 1 month ago

Recent trends point to a strong year-end rally and this calls for investments in Aviat Networks (AVNW), Michaels Companies (MIK), Micron Technology (MU), Schnitzer Steel (SCHN) and Federated H...

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The Motley Fool - 1 month ago

Investors shed some of their pessimism about this retailing business last month.

Zacks Investment Research - 1 month ago

Top Ranked Value Stocks to Buy for December 8th

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Zacks Investment Research - 1 month ago

Top Ranked Momentum Stocks to Buy for December 8th

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Zacks Investment Research - 1 month ago

Michaels' (MIK) Q3 results gained from sturdy comps stemming from improved traffic in stores and online. Moreover, the fourth-quarter sales trend seems encouraging.

The Motley Fool - 1 month ago

Another strong earnings report lifted shares of the arts-and-crafts retailer.

Seeking Alpha - 1 month ago

The Michaels Companies, Inc. (MIK) CEO Ashley Buchanan on Q3 2020 Results - Earnings Call Transcript

Fox Business - 1 month ago

On a per-share basis, the Irving, Texas-based company said it had profit of 74 cents. Earnings, adjusted for one-time gains and costs, came to 86 cents per share.

Zacks Investment Research - 1 month ago

Michaels (MIK) delivered earnings and revenue surprises of 45.76% and -0.87%, respectively, for the quarter ended October 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 1 month ago

Shares of Michaels Companies (NASDAQ:MIK) moved higher by 6.2% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share increased 115.00% over the past...

Market Watch - 1 month ago

Michaels Cos. posted stronger-than-expected earnings for the third quarter and said it will pay $10 million in holiday bonuses to full-time and part-time staff as it works through the pandemic...

Business Wire - 1 month ago

IRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced financial results for the third quarter fiscal 2020 ended October 31, 2020. Ashley Buchanan, Michaels...

Zacks Investment Research - 1 month ago

Michaels (MIK) Q3 results are likely to reflect impacts of an improved sales trend and expanded online services. However, COVID-related costs are expected to have been dragging.

Zacks Investment Research - 1 month ago

Michaels (MIK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research - 1 month ago

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...

Zacks Investment Research - 2 months ago

Let's see if The Michaels Companies, Inc. (MIK) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Business Wire - 2 months ago

IRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) today announced that the Company plans to report third quarter fiscal 2020 results on Thursday, December 3, 2020, bef...

The Motley Fool - 2 months ago

Bearish investors and rising COVID-19 cases seemed to push the stock lower last month.

Zacks Investment Research - 2 months ago

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The Motley Fool - 2 months ago

Cases are spiking and cold weather is coming. Here are three stocks to get you through a tough winter.

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Zacks Investment Research - 2 months ago

If you are not sure whether to invest your money in bonds or stocks, a key parameter that can show you the right direction is earnings yield.

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Zacks Investment Research - 2 months ago

Top Ranked Value Stocks to Buy for October 27th

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The Motley Fool - 2 months ago

The company is looking to remedy past failures and launch new services to meet all of its customers' needs.

The Motley Fool - 2 months ago

The arts and crafts retailer turned in better results in the quarter that ended Aug. 1, but the issues that held it back haven't gone anywhere.

Zacks Investment Research - 2 months ago

Top Ranked Value Stocks to Buy for October 19th

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Zacks Investment Research - 3 months ago

Michaels (MIK) is on track with its Maker strategy by strengthening the retail foundation, boosting omni-channel experience and repositioning the business.

Zacks Investment Research - 3 months ago

Michaels (MIK) reported earnings 30 days ago. What's next for the stock?

The Motley Fool - 3 months ago

Three consumer-facing stocks jumped on a strong earnings report from a peer and hopes for a stimulus deal.

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Forbes - 3 months ago

This has been a bad September for stocks, but there may be hope. Markets reversed course after Treasury Secretary Steven Mnuchin said he was “hopeful” that a stimulus would pass.

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Zacks Investment Research - 3 months ago

To beat the COVID-19 blues, retailers are looking for an early start to the holiday season with an extended promotional period to avoid rush at stores, given the health concerns.

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Want to try an out-of-the-box approach to earn handsome returns? Tap these stocks with explosive relative price strength.

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Business Wire - 3 months ago

IRVING, Texas--(BUSINESS WIRE)--The Michaels Companies, Inc. (NASDAQ: MIK) will host its 2020 Virtual Investor Day this morning to provide an overview of its strategic plan and an update on th...

Zacks Investment Research - 3 months ago

Michaels (MIK) topped our second quarter estimates at the start of September and it posted its strongest sales growth in years as people looked to keep busy while staying home.

Zacks Investment Research - 3 months ago

3 Quality Fundamental Outperformers

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About MIK

The Michaels Companies owns and operates arts and crafts specialty retail stores for hobbyist and do-it-yourself home decorators in the United States and Canada. It operates Michaels stores that offer approximately 45,000 basic and seasonal stock-keeping units (SKUs) in arts, crafts, framing, floral, and home décor and seasonal merchandise. The company also provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, ArtMinds, Artist's Loft, Craft Smart, Loops & Threads, Simply Tidy, Make Mar... [Read more...]

Industry
Specialty Retail
CEO
Mark Cosby
Employees
12,000
Stock Exchange
NASDAQ
Ticker Symbol
MIK
Full Company Profile

Financial Performance

In 2019, MIK's revenue was $5.07 billion, a decrease of -3.79% compared to the previous year's $5.27 billion. Earnings were $272.60 million, a decrease of -14.69%.

Financial Statements

Analyst Forecasts

According to 9 analysts, the average rating for MIK stock is "Hold." The 12-month stock price forecast is 13.70, which is a decrease of -16.82% from the latest price.

Price Target
$13.70
(-16.82% downside)
Analyst Consensus: Hold