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Rocky Brands is Among the Companies in the Footwear Industry With the Highest Forward Earnings Yield (RCKY, DECK, NKE, SKX, SHOO)

By Amy Schwartz

Below are the three companies in the Footwear industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.

Rocky Brands ranks highest with a forward earnings yield of 11.1%. Following is Deckers Outdoor with a forward earnings yield of 8.0%. NIKE ranks third highest with a forward earnings yield of 7.7%.

Skechers U.S.A. follows with a forward earnings yield of 6.6%, and Steven Madden rounds out the top five with a forward earnings yield of 5.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of NIKE on December 24th, 2015 by issuing a Downtrend alert when the shares were trading at $63.44. Since that call, shares of NIKE have fallen 12.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward earnings yield rocky brands deckers outdoor Nike skechers u.s.a. steven madden