Boot Barn (BOOT) Stock Price, News & Analysis

Company Overview

Boot Barn, Inc. is a leading specialty retailer focused on western and work-related footwear, apparel and accessories. The company operates full-price and outlet retail stores under the Boot Barn and BootBarn.com brands, offering a wide assortment of cowboy boots, work boots, casual and fashion footwear, western and work apparel, hats, belts and related accessories. In addition to its brick-and-mortar network, Boot Barn maintains an e-commerce platform to serve customers seeking ranch-and-rodeo style clothing and rugged workwear from coast to coast.

Founded in 1978 in Southern California, Boot Barn began as a single store catering to ranchers, farmworkers and western enthusiasts. Over the ensuing decades the chain expanded steadily through new store openings and the acquisition of regional western retailers. In June 2014, the company completed its initial public offering, enhancing its financial flexibility to accelerate growth. Today, Boot Barn’s retail portfolio spans more than 200 stores across 40 states, with a presence in both urban and rural markets.

The company’s product mix encompasses national and proprietary brands, including popular labels such as Ariat, Justin, Tony Lama and Macie Bean, as well as private-label collections like Red Ranch and Country Outfitter. Boot Barn designs its offerings to meet the needs of working professionals in construction, agriculture and oilfield services, while also appealing to consumers seeking western fashion and outdoor lifestyle goods. E-commerce initiatives, ship-to-store options and a loyalty program complement the in-store experience, reinforcing the company’s omnichannel strategy.

Headquartered in Irvine, California, Boot Barn is led by President and Chief Executive Officer Jim Conroy, who has overseen the company’s public listing and nationwide expansion. The retailer continues to invest in supply chain infrastructure, digital platforms and store footprint optimization to strengthen its market position and support long-term growth in the western and workwear segments.

Key Stats

• Today's Range: $176.45 to $181.01
• 50-Day Range: $161.96 to $191.20
• 52-Week Range: $86.17 to $191.31
• Volume: 394,863 shs
• Average Volume: 848,753 shs
• Market Capitalization: $5.49 billion
• P/E Ratio: 28.34
• Dividend Yield: N/A
• Price Target: $182.54
• Consensus Rating: Moderate Buy

Boot Barn Stock Analysis - MarketRank™

Boot Barn scored higher than 70% of companies evaluated by MarketBeat, and ranked 126th out of 220 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.6 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Boot Barn has received a consensus rating of Moderate Buy. The company's average rating score is 2.93, and is based on 12 buy ratings, 2 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Boot Barn is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Boot Barn has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 18.38%

Earnings Growth

Earnings for Boot Barn are expected to grow by 18.38% in the coming year, from $5.82 to $6.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Boot Barn is 28.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.76.

Price to Earnings Ratio vs. Sector

The P/E ratio of Boot Barn is 28.26, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.48.

Price to Earnings Growth Ratio

Boot Barn has a PEG Ratio of 1.80. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Boot Barn has a P/B Ratio of 4.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

11.23% of the float of Boot Barn has been sold short.

Short Interest Ratio / Days to Cover

Boot Barn has a short interest ratio ("days to cover") of 5.5.

Change versus previous month

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Boot Barn does not currently pay a dividend.

Dividend Growth

Boot Barn does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Boot Barn is 7.89%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Boot Barn will have a dividend payout ratio of 7.26% next year. This indicates that Boot Barn will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -2.36

Percentage of Shares Shorted

11.23% of the float of Boot Barn has been sold short.

Short Interest Ratio / Days to Cover

Boot Barn has a short interest ratio ("days to cover") of 5.5.

Change versus previous month

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.13

News Sentiment

Boot Barn has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.94 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Boot Barn this week, compared to 12 articles on an average week.

Search Interest

Only 1 people have searched for BOOT on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

MarketBeat Follows

5 people have added Boot Barn to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Boot Barn insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.66% of the stock of Boot Barn is held by insiders.

BOOT Stock Analysis - Frequently Asked Questions

How have BOOT shares performed this year?

Boot Barn's stock was trading at $151.82 at the beginning of 2025. Since then, BOOT stock has increased by 18.1% and is now trading at $179.2350.

How were Boot Barn's earnings last quarter?

Boot Barn Holdings, Inc. (NYSE:BOOT) issued its quarterly earnings results on Thursday, July, 31st. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.55 by $0.19. The firm's quarterly revenue was up 19.1% on a year-over-year basis.
Read the conference call transcript.

Is Boot Barn buying back stock?

Boot Barn's Board of Directors authorized a stock buyback plan on Wednesday, May 14th 2025, which authorizes the company to buy back $200,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 4.8% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

Who are Boot Barn's major shareholders?

Boot Barn's top institutional shareholders include State Street Corp (3.87%), Geode Capital Management LLC (2.38%), Marshall Wace LLP (2.15%) and Alliancebernstein L.P. (2.10%). Insiders that own company stock include Gregory V Hackman, James Grant Conroy, Laurie Marie Grijalva, James M Watkins, Brenda I Morris, John Hazen, Michael A Love and Gene Eddie Burt.
View institutional ownership trends.

How do I buy shares of Boot Barn?

Shares of BOOT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Boot Barn own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Boot Barn investors own include Hawkins (HWKN), Chipotle Mexican Grill (CMG), NVIDIA (NVDA), Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), Meta Platforms (META) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 7/31/2025
• Today: 9/16/2025
• Next Earnings (Estimated): 10/27/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: RETAIL - APP/SHOE
• Sub-Industry: Retail
• Current Symbol: NYSE:BOOT
• CIK: 1610250
• Web: www.bootbarn.com
• Phone: (949) 453-4400
• Fax: 949-453-4406
• Employees: 10,400
• Year Founded: 1978

Price Target and Rating

• Average Price Target for Boot Barn: $182.54
• High Price Target: $247.00
• Low Price Target: $100.00
• Potential Upside/Downside: +1.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.93
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): $6.34
• Trailing P/E Ratio: 28.34
• Forward P/E Ratio: 30.87
• P/E Growth: 1.8
• Net Income: $180.94 million
• Net Margins: 9.81%
• Pretax Margin: 13.10%
• Return on Equity: 17.73%
• Return on Assets: 9.78%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.53
• Quick Ratio: 0.38

Sales & Book Value

• Annual Sales: $1.99 billion
• Price / Sales: 2.76
• Cash Flow: $8.03 per share
• Price / Cash Flow: 22.38
• Book Value: $36.97 per share
• Price / Book: 4.86

Miscellaneous

• Outstanding Shares: 30,556,000
• Free Float: 30,354,000
• Market Cap: $5.49 billion
• Optionable: Optionable
• Beta: 1.62