Brokers Offer Predictions for Wolverine World Wide, Inc.'s Q1 2025 Earnings (NYSE:WWW)

Wolverine World Wide, Inc. (NYSE:WWW - Free Report) - Stock analysts at Telsey Advisory Group issued their Q1 2025 earnings per share estimates for Wolverine World Wide in a report released on Wednesday, May 1st. Telsey Advisory Group analyst D. Telsey forecasts that the textile maker will earn $0.23 per share for the quarter. Telsey Advisory Group currently has a "Market Perform" rating and a $10.00 target price on the stock. The consensus estimate for Wolverine World Wide's current full-year earnings is $0.77 per share. Telsey Advisory Group also issued estimates for Wolverine World Wide's Q2 2025 earnings at $0.32 EPS, Q3 2025 earnings at $0.38 EPS and Q4 2025 earnings at $0.29 EPS.

Wolverine World Wide (NYSE:WWW - Get Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The textile maker reported ($0.30) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.03). Wolverine World Wide had a positive return on equity of 1.45% and a negative net margin of 1.77%. The company had revenue of $526.70 million during the quarter, compared to analyst estimates of $520.12 million. During the same period in the previous year, the company earned ($0.15) EPS. The business's revenue for the quarter was down 20.8% compared to the same quarter last year.


Wolverine World Wide Trading Down 1.3 %

WWW traded down $0.14 during trading on Friday, reaching $10.75. The company had a trading volume of 1,180,902 shares, compared to its average volume of 867,198. The company has a market cap of $859.04 million, a price-to-earnings ratio of -21.08 and a beta of 1.73. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.75 and a current ratio of 1.18. The firm's 50-day simple moving average is $10.14 and its 200 day simple moving average is $9.18. Wolverine World Wide has a 12-month low of $7.21 and a 12-month high of $17.85.

Wolverine World Wide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 1st. Shareholders of record on Monday, July 1st will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date is Monday, July 1st. Wolverine World Wide's dividend payout ratio (DPR) is presently -78.43%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its position in Wolverine World Wide by 1.2% in the third quarter. Vanguard Group Inc. now owns 9,282,319 shares of the textile maker's stock valued at $74,815,000 after purchasing an additional 109,833 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Wolverine World Wide by 6.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,771,991 shares of the textile maker's stock worth $15,753,000 after purchasing an additional 103,368 shares during the period. Vaughan Nelson Investment Management L.P. lifted its stake in shares of Wolverine World Wide by 2.1% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,542,637 shares of the textile maker's stock worth $12,434,000 after buying an additional 32,100 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Wolverine World Wide by 13.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,446,579 shares of the textile maker's stock worth $11,659,000 after buying an additional 175,039 shares during the period. Finally, Callodine Capital Management LP acquired a new position in Wolverine World Wide in the 3rd quarter valued at about $8,060,000. 90.25% of the stock is owned by institutional investors and hedge funds.

Wolverine World Wide Company Profile

(Get Free Report)

Wolverine World Wide, Inc designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through Active Group and Work Group segments. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots.

See Also

Earnings History and Estimates for Wolverine World Wide (NYSE:WWW)

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