What is the Michaels Companies'stock price and ticker symbol?
What is The Michaels Companies' stock symbol? The Michaels Companies trades on the NASDAQ under the ticker symbol "MIK." What is The Michaels Companies' stock price today? One share of MIK stock can currently be purchased for approximately $21.97.
Are Michaels Companies insiders buying or selling stock?
In the past three months, Michaels Companies insiders have not sold or bought any company stock. Only 0.35% of the stock of Michaels Companies is held by insiders. Earnings for Michaels Companies are expected to grow by 4.50% in the coming year, from $2.22 to $2.32 per share.
What is the downside for Michaels Companies'stock?
On average, they expect Michaels Companies' stock price to reach $19.67 in the next year. This suggests that the stock has a possible downside of 10.5%. View analysts' price targets for Michaels Companies or view top-rated stocks among Wall Street analysts.
How much is a Mik stock worth?
One share of MIK stock can currently be purchased for approximately $21.97. How much money does Michaels Companies make? Michaels Companies has a market capitalization of $3.12 billion and generates $5.07 billion in revenue each year.
Is Michaels better than Hobby Lobby?
Both stores sell products like canvases, sketchbooks, brushes, and paints, but Michaels has a greater variety of brands and prices to choose from. Michaels' wider product variety includes higher quality art supplies that Hobby Lobby does not sell.
How do you use the Michaels app?
Frequently Asked QuestionsDownload the Michaels app on your iPhone or Android.When prompted to enable Location Services and Bluetooth, select Yes.Sign into the App with your Michaels Rewards information.When you're in the store, tap the Shop & Scan icon to begin shopping.Scan items as you add them to your cart.More items...
How long does it take for Michaels to deliver?
Orders delivered within the 48 contiguous states should arrive in 4 – 6 business days depending on delivery location. Orders shipped to Alaska and Hawaii will take an additional 2 – 5 days for delivery and are subject to an additional $15 delivery fee.
Has Michaels been bought out?
Arts and crafts retailer Michaels has agreed to be bought by the private equity firm Apollo Global Management for $3.3 billion. Apollo will acquire all outstanding shares of Michaels stock at $22 per share.
Does Michaels do anything for birthdays?
Also, when you provide your birthday (just month and day), we will send you a special reward when your birthday month arrives.
Can I use expired Michaels rewards?
Vouchers are valid for 32 days from date of issue. Prior to the voucher's expiration date, members will be able to use their vouchers in multiple transactions until the balance is depleted.
How much do you have to spend to get free shipping at Michaels?
1. Spend $49 or more. Currently, Michaels is offering free shipping on orders where the entire purchase totals $49 or more.
Does Hobby Lobby do delivery?
We want to get your order to you as quickly as we can. It takes 2-3 business days to process your order. Delivery takes an additional 1-7 business days.
Why did Michaels cancel my order?
Answer: Orders may be cancelled due to product availability or because we are unable to successfully process the payment. For store pickup or curbside orders, the order may also be cancelled if it isn't picked up within 5 business days.
Is Michaels in financial trouble?
Apollo said it put in $1.4 billion of the $3.3 billion needed to buy shares from the public and refinanced Michaels' existing debt of $2.54 billion. That resulted in Michaels' total debt rising to more than $4 billion.
Who owns Michaels now?
Blackstone IncMichaels / Parent organizationBlackstone Inc. is an American alternative investment management company based in New York City. In 2019, Blackstone converted from a publicly traded partnership into a C-type corporation. Wikipedia
How much does the CEO of Michaels make?
Compensation by CompanyName And TitleTotal CompensationAshley Buchanan Chief Executive OfficerTotal Compensation $3,181,430 View detailsHsiao Wang Executive Vice President - Chief Information OfficerTotal Compensation $1,700,248 View details5 more rows
How were Michaels Companies' earnings last quarter?
The Michaels Companies, Inc. (NASDAQ:MIK) announced its quarterly earnings results on Wednesday, March, 3rd. The specialty retailer reported $1.69...
Who are Michaels Companies' key executives?
Michaels Companies' management team includes the following people: Mr. Ashley Buchanan , Pres, CEO & Director (Age 46, Pay $3.74M) Mr. Mark S. C...
What is Ashley Buchanan's approval rating as Michaels Companies' CEO?
132 employees have rated Michaels Companies CEO Ashley Buchanan on Glassdoor.com . Ashley Buchanan has an approval rating of 56% among Michaels Co...
Who are some of Michaels Companies' key competitors?
Some companies that are related to Michaels Companies include Jerónimo Martins, SGPS (JRONY) , Burlington Stores (BURL) , Advance Auto Parts (AA...
What other stocks do shareholders of Michaels Companies own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Michaels Companies investors own include Bank of America (...
What is Michaels Companies' stock symbol?
Michaels Companies trades on the NASDAQ under the ticker symbol "MIK."
What is Michaels Companies' stock price today?
One share of MIK stock can currently be purchased for approximately $21.97.
How much money does Michaels Companies make?
Michaels Companies (NASDAQ:MIK) has a market capitalization of $3.12 billion and generates $5.07 billion in revenue each year. The specialty retail...
How many employees does Michaels Companies have?
Michaels Companies employs 11,000 workers across the globe.
What is the EBITDA of Michaels?
The EBITDA is a measure of a The Michaels Companies's overall financial performance and is widely used to measure a its profitability.
When did Michaels companies split?
The Michaels Companies stocks were split on a 2:1 basis on 15 January 2014. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your The Michaels Companies stocks – just the quantity.
About Michaels Companies
The Michaels Companies, Inc. 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.
Michaels Companies (NASDAQ:MIK) Frequently Asked Questions
3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Michaels Companies in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Michaels Companies stock.
The arts and crafts retailer is fighting for survival on three fronts, each one potentially devastating in the long run. Management tried some dirty tricks to keep the train rolling in March
Anders Bylund is a Foolish Technology and Entertainment Specialist. Where the two markets intersect, you'll find his wheelhouse. He has been an official Fool since 2006 but a jester all his life.
What happened
Shares of The Michaels Companies ( NASDAQ:MIK) plummeted 62.2% in March, according to data from S&P Global Market Intelligence. The arts and crafts retailer was already struggling under Chinese tariffs and the rise of e-commerce before the novel coronavirus turned the retail market upside down.
Now what
At the end of February, I thought that Michaels would spring back to life after the coronavirus crisis, rewarding investors who bought the stock at a massive discount. I'm not so sure these days.
How much did Apollo buy Michaels stock?
Apollo will acquire all outstanding Michaels stock for $22 per share in a tender offer. That represents a 47% premium to the closing price on Friday, the day before speculation of the deal was publicized in the media. The companies value the transaction at $5 billion.
How much did Michaels sell in the third quarter?
Michaels’ sales during the third quarter rose 15% year over year, to $1.41 billion, while its online sales more than doubled. The retailer said it will release its fourth-quarter results on Thursday, but it will no longer hold a conference call with analysts. The deal with Apollo is expected to close during the first half of Michaels’ fiscal year.
How long is Michaels' go shop?
Michaels said the terms of the deal were unanimously approved by its board. The companies said that there will be a 25-day “go-shop” period, starting Wednesday, where Michaels will be able to entertain other options, but this process won’t necessarily lead to a better offer.
When did Michaels go public?
Michaels went public again in 2014.
Where are Michaels bags?
Reusable shopping bags are displayed beneath a checkout counter at a Michaels craft store in Cincinnati, Ohio. Arts and crafts retailer Michaels said Wednesday it agreed to be taken private in a $3.3 billion deal with Apollo Global Management.