NYSE:CATOCato Stock Price, Forecast & News

Cato's stock was trading at $13.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CATO shares have decreased by 43.3% and is now trading at $7.61. 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 had revenue of $100.73 million for 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. Stockholders 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 17.35%. The ex-dividend date is Friday, March 6th. This is an increase from Cato's previous quarterly dividend of $0.30. View Cato's dividend history.

Media coverage about CATO stock has trended somewhat positive on Friday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news 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 coverage optimism score of 1.8 on InfoTrie's scale. They also gave media coverage about the specialty retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Cato.

Cato saw a decline in short interest in June. As of June 30th, there was short interest totaling 1,150,000 shares, a decline of 6.5% from the June 15th total of 1,230,000 shares. Based on an average trading volume of 231,900 shares, the short-interest ratio is presently 5.0 days. Currently, 5.6% 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), Guess? (GES), Abercrombie & Fitch (ANF), 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 a variety of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (1.59%). View institutional ownership trends for Cato.

CATO stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co.. 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 $7.61.

Cato has a market capitalization of $184.92 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.