Q2 EPS Estimate for Wolverine World Wide Reduced by Analyst

Wolverine World Wide, Inc. (NYSE:WWW - Free Report) - Analysts at Seaport Res Ptn cut their Q2 2025 earnings estimates for shares of Wolverine World Wide in a research report issued on Monday, May 5th. Seaport Res Ptn analyst M. Kummetz now expects that the textile maker will earn $0.22 per share for the quarter, down from their previous estimate of $0.23. The consensus estimate for Wolverine World Wide's current full-year earnings is $1.23 per share. Seaport Res Ptn also issued estimates for Wolverine World Wide's Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.42 EPS, FY2025 earnings at $1.00 EPS, FY2026 earnings at $1.42 EPS and FY2027 earnings at $1.87 EPS.

Wolverine World Wide (NYSE:WWW - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The textile maker reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.07. Wolverine World Wide had a return on equity of 26.81% and a net margin of 2.73%. The business had revenue of $412.30 million for the quarter, compared to the consensus estimate of $395.94 million. During the same quarter in the previous year, the company posted $0.11 EPS. The company's revenue was up 4.4% compared to the same quarter last year.

Other analysts have also issued reports about the stock. UBS Group increased their price target on shares of Wolverine World Wide from $18.00 to $22.00 and gave the company a "buy" rating in a research report on Friday. Robert W. Baird lifted their target price on Wolverine World Wide from $15.00 to $20.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. Telsey Advisory Group reissued a "market perform" rating and issued a $17.00 price objective on shares of Wolverine World Wide in a report on Friday. Piper Sandler dropped their price target on shares of Wolverine World Wide from $27.00 to $18.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. Finally, Baird R W raised shares of Wolverine World Wide from a "hold" rating to a "strong-buy" rating in a report on Monday, April 21st. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $19.71.

Wolverine World Wide Trading Down 6.3 %

Wolverine World Wide stock traded down $1.03 during trading hours on Wednesday, hitting $15.29. The company had a trading volume of 2,409,373 shares, compared to its average volume of 1,334,682. Wolverine World Wide has a 1 year low of $9.58 and a 1 year high of $24.64. The firm has a market cap of $1.24 billion, a P/E ratio of 27.80 and a beta of 1.62. The company has a 50-day moving average price of $13.01 and a two-hundred day moving average price of $18.15. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.77 and a current ratio of 1.29.

Wolverine World Wide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Tuesday, July 1st will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.62%. The ex-dividend date is Tuesday, July 1st. Wolverine World Wide's dividend payout ratio is currently 72.73%.

Institutional Investors Weigh In On Wolverine World Wide

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in shares of Wolverine World Wide by 12.5% in the fourth quarter. GAMMA Investing LLC now owns 5,057 shares of the textile maker's stock worth $112,000 after buying an additional 563 shares during the period. HighTower Advisors LLC lifted its position in Wolverine World Wide by 5.2% during the 4th quarter. HighTower Advisors LLC now owns 11,526 shares of the textile maker's stock worth $256,000 after acquiring an additional 574 shares during the last quarter. Summit Investment Advisors Inc. grew its holdings in Wolverine World Wide by 7.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 8,305 shares of the textile maker's stock valued at $184,000 after buying an additional 581 shares during the last quarter. Signaturefd LLC grew its stake in shares of Wolverine World Wide by 88.8% in the fourth quarter. Signaturefd LLC now owns 1,450 shares of the textile maker's stock worth $32,000 after acquiring an additional 682 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in Wolverine World Wide by 10.4% during the first quarter. PNC Financial Services Group Inc. now owns 9,132 shares of the textile maker's stock valued at $127,000 after acquiring an additional 863 shares during the period. Hedge funds and other institutional investors own 90.25% of the company's stock.

About Wolverine World Wide

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.