Dunelm Group plc (LON:DNLM) Receives Consensus Recommendation of "Hold" from Brokerages

Shares of Dunelm Group plc (LON:DNLM - Get Free Report) have earned a consensus recommendation of "Hold" from the seven analysts that are presently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 1,220.83 ($16.33).

A number of equities analysts recently issued reports on DNLM shares. Berenberg Bank boosted their target price on shares of Dunelm Group from GBX 1,410 ($18.86) to GBX 1,470 ($19.66) and gave the stock a "buy" rating in a research report on Tuesday, September 17th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a GBX 1,060 ($14.18) price objective on shares of Dunelm Group in a report on Thursday, September 12th. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 1,325 ($17.72) target price on shares of Dunelm Group in a research note on Tuesday, September 17th. Finally, JPMorgan Chase & Co. boosted their price target on Dunelm Group from GBX 1,140 ($15.25) to GBX 1,170 ($15.65) and gave the company a "neutral" rating in a research note on Tuesday, September 24th.

Dunelm Group Stock Performance

LON DNLM traded up GBX 10 ($0.13) during trading on Friday, hitting GBX 1,165 ($15.58). The company's stock had a trading volume of 120,235 shares, compared to its average volume of 350,318. Dunelm Group has a 52 week low of GBX 959 ($12.83) and a 52 week high of GBX 1,279 ($17.11). The company has a quick ratio of 0.16, a current ratio of 1.04 and a debt-to-equity ratio of 236.84. The firm has a market cap of £2.36 billion, a P/E ratio of 1,574.32, a price-to-earnings-growth ratio of -10.32 and a beta of 1.18. The firm has a 50 day moving average price of GBX 1,209.79 and a 200 day moving average price of GBX 1,123.44.

Dunelm Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Thursday, October 31st will be paid a dividend of GBX 27.50 ($0.37) per share. This represents a yield of 2.23%. The ex-dividend date of this dividend is Thursday, October 31st. Dunelm Group's dividend payout ratio is 5,945.95%.

Insider Activity

In related news, insider Luisa Wright acquired 2,452 shares of the business's stock in a transaction on Wednesday, October 2nd. The stock was bought at an average cost of GBX 1,139 ($15.24) per share, with a total value of £27,928.28 ($37,357.25). Corporate insiders own 34.28% of the company's stock.

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.