NYSE:CATO - Cato Stock Price, Forecast & News

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

Cato declared a quarterly dividend on Friday, November 22nd. Stockholders of record on Monday, December 16th will be paid a dividend of $0.33 per share on Thursday, January 2nd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 7.64%. The ex-dividend date is Friday, December 13th. View Cato's Dividend History.

Cato Corp (NYSE:CATO) posted its quarterly earnings results on Thursday, November, 21st. The specialty retailer reported $0.24 earnings per share (EPS) for the quarter. The specialty retailer earned $191.52 million during the quarter. Cato had a return on equity of 10.94% and a net margin of 4.34%. View Cato's Earnings History.

Cato is scheduled to release their next quarterly earnings announcement on Thursday, March 19th 2020. View Earnings Estimates for Cato.

Cato same-store sales dropped 1% during the month of January. Cato shares rose by 0% in the first day of trading following the report.

News articles about CATO stock have trended somewhat positive recently, InfoTrie reports. InfoTrie ranks the sentiment of 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 five, with scores closest to five being the most favorable. Cato earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news headlines about the specialty retailer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Cato.

Cato saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,590,000 shares, an increase of 6.7% from the January 15th total of 1,490,000 shares. Based on an average trading volume of 158,200 shares, the short-interest ratio is presently 10.1 days. Currently, 7.4% of the company's stock are short sold. 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), Guess? (GES), Buckle (BKE), Designer Brands (DBI), Abercrombie & Fitch (ANF), Childrens Place (PLCE), Zumiez (ZUMZ), Caleres (CAL), 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), Kohl's (KSS), AT&T (T), Gilead Sciences (GILD), Bristol-Myers Squibb (BMY), Ford Motor (F), IBM (IBM), Verizon Communications (VZ), Walgreens Boots Alliance (WBA) and Centurylink (CTL).

Cato's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (3.66%), Bank of New York Mellon Corp (2.04%), Charles Schwab Investment Management Inc. (1.82%), Renaissance Technologies LLC (1.68%), AQR Capital Management LLC (1.39%) and Goldman Sachs Group Inc. (1.30%). View Institutional Ownership Trends for Cato.

CATO stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, AQR Capital Management LLC, Prudential Financial Inc., Man Group plc, Pinebridge Investments L.P., Bank of America Corp DE, Charles Schwab Investment Management Inc. and Acadian Asset Management LLC. View Insider Buying and Selling for Cato.

CATO stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, State Street Corp, Bowling Portfolio Management LLC, Robeco Institutional Asset Management B.V., Martingale Asset Management L P, Secure Asset Management LLC and Great West Life Assurance Co. Can. 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 $17.28.

Cato has a market capitalization of $425.71 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.