Q2 Earnings Estimate for WWW Issued By Telsey Advisory Group

Wolverine World Wide, Inc. (NYSE:WWW - Free Report) - Analysts at Telsey Advisory Group reduced their Q2 2025 earnings estimates for shares of Wolverine World Wide in a research report issued to clients and investors on Thursday, May 1st. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will post earnings of $0.26 per share for the quarter, down from their previous estimate of $0.29. Telsey Advisory Group currently has a "Market Perform" rating and a $17.00 target price on the stock. The consensus estimate for Wolverine World Wide's current full-year earnings is $1.23 per share. Telsey Advisory Group also issued estimates for Wolverine World Wide's Q3 2025 earnings at $0.35 EPS, Q4 2025 earnings at $0.47 EPS, FY2025 earnings at $1.18 EPS and FY2026 earnings at $1.48 EPS.

WWW has been the topic of a number of other reports. Stifel Nicolaus reduced their price objective on shares of Wolverine World Wide from $27.00 to $19.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Robert W. Baird raised Wolverine World Wide from a "neutral" rating to an "outperform" rating and set a $15.00 price objective for the company in a research report on Monday, April 21st. Baird R W upgraded shares of Wolverine World Wide from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 21st. StockNews.com downgraded Wolverine World Wide from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. Finally, Piper Sandler cut their price target on shares of Wolverine World Wide from $27.00 to $18.00 and set an "overweight" rating for the company in a research note on Friday, April 11th. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $18.13.

Wolverine World Wide Price Performance

Shares of WWW stock traded up $0.14 during trading hours on Friday, reaching $14.22. 2,156,591 shares of the company were exchanged, compared to its average volume of 1,320,565. The stock's fifty day moving average is $12.98 and its two-hundred day moving average is $18.21. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 25.85 and a beta of 1.74. Wolverine World Wide has a fifty-two week low of $9.58 and a fifty-two week high of $24.64. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.29 and a quick ratio of 0.77.

Wolverine World Wide (NYSE:WWW - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The textile maker reported $0.42 EPS for the quarter, hitting analysts' consensus estimates of $0.42. The business had revenue of $494.70 million for the quarter, compared to analyst estimates of $485.74 million. Wolverine World Wide had a return on equity of 26.81% and a net margin of 2.73%. Wolverine World Wide's revenue for the quarter was down 6.1% on a year-over-year basis. During the same period in the prior year, the company earned ($0.30) EPS.

Wolverine World Wide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 1st will be given a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $0.40 dividend on an annualized basis and a yield of 2.81%. Wolverine World Wide's dividend payout ratio is currently 72.73%.

Hedge Funds Weigh In On Wolverine World Wide

Hedge funds have recently modified their holdings of the business. SBI Securities Co. Ltd. acquired a new stake in shares of Wolverine World Wide during the 4th quarter worth approximately $25,000. Signaturefd LLC increased its stake in Wolverine World Wide by 88.8% in the 4th quarter. Signaturefd LLC now owns 1,450 shares of the textile maker's stock valued at $32,000 after buying an additional 682 shares during the last quarter. Natixis bought a new stake in Wolverine World Wide during the fourth quarter worth $41,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Wolverine World Wide during the fourth quarter valued at about $64,000. Finally, KBC Group NV grew its position in shares of Wolverine World Wide by 43.8% during the 4th quarter. KBC Group NV now owns 4,303 shares of the textile maker's stock valued at $96,000 after acquiring an additional 1,311 shares during the period. Institutional investors and hedge funds own 90.25% of the company's stock.

Wolverine World Wide Company Profile

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.