NYSE:CATO - Cato Stock Price, Price Target & More

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

Cato announced a quarterly dividend on Friday, March 2nd. Stockholders of record on Monday, March 12th will be paid a dividend of $0.33 per share on Wednesday, March 28th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.15%. The ex-dividend date of this dividend is Friday, March 9th. This is a positive change from Cato's previous quarterly dividend of $0.30. View Cato's Dividend History.

Cato Corp (NYSE:CATO) posted its quarterly earnings results on Thursday, May, 24th. The specialty retailer reported $0.94 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.07. Cato had a return on equity of 5.87% and a net margin of 1.00%. View Cato's Earnings History.

1 analysts have issued 1-year price objectives for Cato's shares. Their forecasts range from $20.00 to $20.00. On average, they expect Cato's share price to reach $20.00 in the next year. View Analyst Ratings for Cato.

Cato same-store sales dropped 6% in the month of April. Cato shares rose by 0% in the first full-day of trading following the news.

Some companies that are related to Cato include Chico's FAS (CHS), New York & Company (NWY), Destination Maternity (DEST), Christopher & Banks (CBK) and Cache (CACH).

News coverage about CATO stock has trended positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cato earned a media sentiment score of 0.28 on Accern's scale. They also assigned news stories about the specialty retailer an impact score of 45.24 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Cato's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.48%), Dimensional Fund Advisors LP (7.93%), Schwab Charles Investment Management Inc. (1.62%), UBS Group AG (0.79%), Principal Financial Group Inc. (0.72%) and Principal Financial Group Inc. (0.72%). Company insiders that own Cato stock include Bailey W Patrick, Daniel Harding Stowe, Edward I Weisiger Jr 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 Millennium Management LLC, JPMorgan Chase & Co., GSA Capital Partners LLP, Aperio Group LLC, Dimensional Fund Advisors LP, Guggenheim Capital LLC, California Public Employees Retirement System and American International Group Inc.. View Insider Buying and Selling for Cato.

CATO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Aegis Financial Corp, Parthenon LLC, Alambic Investment Management L.P., Susquehanna Fundamental Investments LLC, UBS Group AG, Mackay Shields LLC and Engineers Gate Manager LP. Company insiders that have bought Cato stock in the last two years include Bailey W Patrick, Daniel Harding Stowe, Edward I Weisiger Jr 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, Scottrade, Fidelity and Charles Schwab.

One share of CATO stock can currently be purchased for approximately $21.45.

Cato has a market capitalization of $444.91 million and generates $849.98 million in revenue each year. Cato employs 10,500 workers across the globe.

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