NYSE:CATOCato Stock Price, Forecast & News

Cato's stock was trading at $13.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CATO shares have decreased by 32.1% and is now trading at $9.11. 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) released its quarterly earnings data on Thursday, May, 21st. The specialty retailer reported ($1.19) earnings per share for the quarter. The specialty retailer earned $100.73 million during the quarter. Cato had a negative return on equity of 4.20% and a negative net margin of 1.98%. 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 dividend on an annualized basis and a yield of 14.49%. The ex-dividend date is Friday, March 6th. This is a positive change from Cato's previous quarterly dividend of $0.30. View Cato's dividend history.

Cato same store sales dropped 3% in the month of February. Cato stock dropped by 12.8% in the first full-day of trading following the news.

Media stories about CATO stock have trended very positive this week, according to InfoTrie. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Cato earned a news sentiment score of 3.5 on InfoTrie's scale. They also gave headlines about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutCato.

Cato saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,290,000 shares, a drop of 19.4% from the April 30th total of 1,600,000 shares. Based on an average daily volume of 203,000 shares, the short-interest ratio is presently 6.4 days. Currently, 6.4% 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), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Guess? (GES), Zumiez (ZUMZ), 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."

Cato's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.21%), Wellington Management Group LLP (5.69%), State Street Corp (3.75%), JPMorgan Chase & Co. (2.68%), Bank of New York Mellon Corp (1.94%) and Dalton Greiner Hartman Maher & Co. (1.57%). View institutional ownership trends for Cato.

CATO stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Signia Capital Management LLC, AQR Capital Management LLC, Squarepoint Ops LLC, Morgan Stanley, Acadian Asset Management LLC, Bank of New York Mellon Corp, and Parametric Portfolio Associates LLC. View insider buying and selling activity for Cato.

CATO stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Dalton Greiner Hartman Maher & Co., Russell Investments Group Ltd., Paradigm Capital Management Inc. NY, Wells Fargo & Company MN, Robeco Institutional Asset Management B.V., Los Angeles Capital Management & Equity Research Inc., and Wellington Management Group LLP. View insider buying and selling activity 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 $9.11.

Cato has a market capitalization of $221.37 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.