Cato Stock Price, Forecast & Analysis (NYSE:CATO)

Cato trades on the New York Stock Exchange (NYSE) under the ticker symbol "CATO."

Cato declared a quarterly dividend on Friday, August 30th. Stockholders of record on Monday, September 16th will be paid a dividend of $0.33 per share on Monday, September 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date of this dividend is Friday, September 13th. View Cato's Dividend History.

Cato Corp (NYSE:CATO) announced its quarterly earnings results on Thursday, August, 22nd. The specialty retailer reported $0.48 EPS for the quarter. The specialty retailer earned $212.58 million during the quarter. Cato had a return on equity of 10.32% and a net margin of 4.08%. View Cato's Earnings History.

Cato is scheduled to release their next quarterly earnings announcement on Tuesday, November 19th 2019. View Earnings Estimates for Cato.

Cato same-store sales rose 3% during the month of October. Cato shares climbed by 0.6% in the first day of trading following the news.

News stories about CATO stock have trended very negative on Monday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cato earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the specialty retailer a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term. View News Stories for Cato.

Cato saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,310,000 shares, an increase of 6.5% from the September 30th total of 1,230,000 shares. Based on an average daily trading volume, of 174,300 shares, the short-interest ratio is presently 7.5 days. Currently, 6.0% of the shares of the company are sold short. View Cato's Current Options Chain.

Some companies that are related to Cato include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Designer Brands (DBI), Childrens Place (PLCE), Guess? (GES), Buckle (BKE), Abercrombie & Fitch (ANF), Caleres (CAL), Zumiez (ZUMZ), Genesco (GCO) and Shoe Carnival (SCVL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cato investors own include Freeport-McMoRan (FCX), CVS Health (CVS), Ford Motor (F), Bed Bath & Beyond (BBBY), Costco Wholesale (COST), Dollar Tree (DLTR), FireEye (FEYE), Bristol-Myers Squibb (BMY), General Electric (GE) and GameStop (GME).

Cato's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (1.08%), Robeco Institutional Asset Management B.V. (0.80%), Rhumbline Advisers (0.29%), California Public Employees Retirement System (0.27%), New York State Teachers Retirement System (0.26%) and 6 Meridian (0.22%). Company insiders that own Cato stock include Daniel Harding Stowe and John P D Cato. View Institutional Ownership Trends for Cato.

CATO stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Systematic Financial Management LP, Nisa Investment Advisors LLC, Robeco Institutional Asset Management B.V., Strs Ohio, Alberta Investment Management Corp, State of Tennessee Treasury Department and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Cato.

CATO stock was acquired by a variety of institutional investors in the last quarter, including Synovus Financial Corp, State of Alaska Department of Revenue, 6 Meridian, 6 Meridian, California Public Employees Retirement System, Russell Investments Group Ltd., Rhumbline Advisers and AMG National Trust Bank. Company insiders that have bought Cato stock in the last two years include Daniel Harding Stowe and John P D Cato. View Insider Buying and Selling for Cato.

Shares of CATO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CATO stock can currently be purchased for approximately $17.93.

Cato has a market capitalization of $443.95 million and generates $829.66 million in revenue each year. Cato employs 10,350 workers across the globe.View Additional Information About Cato.

The official website for Cato is http://www.catofashions.com/.

Cato's mailing address is 8100 Denmark Road, Charlotte NC, 28273. The specialty retailer can be reached via phone at 704-554-8510.