NYSE:CATOCato Stock Price, Forecast & News

Cato's stock was trading at $13.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CATO shares have decreased by 38.8% and is now trading at $8.21. View which stocks have been most impacted by Coronavirus.

Cato is scheduled to release its next quarterly earnings announcement on Thursday, August 27th 2020. View our earnings forecast for Cato.

Cato Corp (NYSE:CATO) posted its quarterly earnings data on Thursday, May, 21st. The specialty retailer reported ($1.19) earnings per share (EPS) for the quarter. The specialty retailer earned $100.73 million during the quarter. Cato had a negative net margin of 1.98% and a negative return on equity of 4.39%. View Cato's earnings history.

Cato declared a quarterly dividend on Friday, February 28th. Shareholders of record on Monday, March 9th will be given a dividend of $0.33 per share on Tuesday, March 24th. This represents a $1.32 annualized dividend and a yield of 16.08%. The ex-dividend date of this dividend is Friday, March 6th. This is a boost from Cato's previous quarterly dividend of $0.30. View Cato's dividend history.

Media stories about CATO stock have been trending negative on Sunday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cato earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned news stories about the specialty retailer a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days. View the latest news about Cato.

Cato saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,230,000 shares, an increase of 9.8% from the May 31st total of 1,120,000 shares. Based on an average daily trading volume, of 220,800 shares, the days-to-cover ratio is currently 5.6 days. Currently, 6.0% of the shares of the stock 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), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Zumiez (ZUMZ), Abercrombie & Fitch (ANF), Guess? (GES), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL) and Genesco (GCO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cato investors own include Kohl's (KSS), AT&T (T), Bristol-Myers Squibb (BMY), CVS Health (CVS), Ford Motor (F), Freeport-McMoRan (FCX), Gilead Sciences (GILD), IBM (IBM), Verizon Communications (VZ) and Bed Bath & Beyond (BBBY).

Cato trades on the New York Stock Exchange (NYSE) under the ticker symbol "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 $8.21.

Cato has a market capitalization of $199.50 million and generates $825.34 million in revenue each year. Cato employs 10,060 workers across the globe.

The official website for Cato is 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.