Seaport Res Ptn Has Bearish Forecast for WWW Q2 Earnings

Wolverine World Wide, Inc. (NYSE:WWW - Free Report) - Equities research analysts at Seaport Res Ptn cut their Q2 2025 earnings per share estimates for shares of Wolverine World Wide in a research note issued on Thursday, May 8th. Seaport Res Ptn analyst M. Kummetz now forecasts that the textile maker will post earnings per share of $0.20 for the quarter, down from their prior forecast of $0.22. 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 $0.22 EPS and Q4 2025 earnings at $0.39 EPS.

Wolverine World Wide (NYSE:WWW - Get Free Report) last announced its earnings results on Thursday, May 8th. The textile maker reported $0.18 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $395.94 million. During the same period in the prior year, the company posted $0.11 EPS. The business's quarterly revenue was up 4.4% on a year-over-year basis.

Several other equities research analysts have also recently issued reports on WWW. StockNews.com cut Wolverine World Wide from a "buy" rating to a "hold" rating in a report on Tuesday, February 11th. Stifel Nicolaus dropped their price target on Wolverine World Wide from $27.00 to $19.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Baird R W upgraded Wolverine World Wide from a "hold" rating to a "strong-buy" rating in a report on Monday, April 21st. Robert W. Baird upped their target price on shares of Wolverine World Wide from $15.00 to $20.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. Finally, UBS Group raised their price target on shares of Wolverine World Wide from $18.00 to $22.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $19.75.

Wolverine World Wide Price Performance

Shares of NYSE WWW traded up $0.49 during trading on Monday, hitting $16.92. The company had a trading volume of 219,764 shares, compared to its average volume of 1,337,709. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 30.75 and a beta of 1.62. The stock has a fifty day simple moving average of $13.21 and a two-hundred day simple moving average of $18.15. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 1.79. Wolverine World Wide has a fifty-two week low of $9.58 and a fifty-two week high of $24.64.

Wolverine World Wide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 1st will be given a $0.10 dividend. The ex-dividend date is Tuesday, July 1st. This represents a $0.40 dividend on an annualized basis and a yield of 2.36%. Wolverine World Wide's dividend payout ratio (DPR) is presently 45.98%.

Hedge Funds Weigh In On Wolverine World Wide

Several large investors have recently bought and sold shares of the stock. Ancora Advisors LLC lifted its holdings in shares of Wolverine World Wide by 13.4% in the 1st quarter. Ancora Advisors LLC now owns 336,430 shares of the textile maker's stock valued at $4,680,000 after purchasing an additional 39,820 shares during the last quarter. Royal Bank of Canada increased its position in Wolverine World Wide by 295.7% during the first quarter. Royal Bank of Canada now owns 33,055 shares of the textile maker's stock worth $460,000 after buying an additional 24,701 shares during the period. Graham Capital Management L.P. purchased a new stake in Wolverine World Wide in the first quarter valued at approximately $1,351,000. Kingdon Capital Management L.L.C. boosted its holdings in shares of Wolverine World Wide by 82.3% in the first quarter. Kingdon Capital Management L.L.C. now owns 624,700 shares of the textile maker's stock valued at $8,690,000 after acquiring an additional 282,000 shares during the period. Finally, Panagora Asset Management Inc. boosted its holdings in shares of Wolverine World Wide by 74.7% in the first quarter. Panagora Asset Management Inc. now owns 100,995 shares of the textile maker's stock valued at $1,405,000 after acquiring an additional 43,186 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.