NYSE:CATO

Cato - CATO Stock Forecast, Price & News

$13.38

+0.51 (+3.96%)

(As of 08/16/2022 12:00 AM ET)

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Today's Range: $12.78
▼
$13.71
50-Day Range: $11.31
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$13.38
52-Week Range: $10.93
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$19.89

Volume: 93,191 shs
Average Volume: 99,699 shs
Market Capitalization: $280.85 million

P/E Ratio: 11.44
Dividend Yield: 5.28%
Price Target: N/A

About Cato (NYSE:CATO) Stock

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants. It operates its stores and e-commerce websites under the Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro, and Versona names. As of January 29, 2022, the company operated 1,311 stores in 32 states. It also provides credit card services to its customers, as well as layaway plans for customers who agree to make periodic payments. The company was incorporated in 1946 and is headquartered in Charlotte, North Carolina.

Analyst Ratings Changes

A number of research firms recently issued reports on CATO. TheStreet upgraded Cato from a "c+" rating to a "b" rating in a report on Thursday, May 19th. StockNews.com cut Cato from a "buy" rating to a "hold" rating in a report on Thursday, June 23rd.

Cato Price Performance

Shares of CATO Stock traded up $0.51 during mid-day trading on Tuesday, hitting $13.38. The stock had a trading volume of 93,191 shares, compared to its average volume of 118,894. Cato has a 12-month low of $10.93 and a 12-month high of $19.89. The firm has a market capitalization of $280.81 million, a P/E ratio of 11.44 and a beta of 0.87. The firm's 50-day moving average is $11.99 and its two-hundred day moving average is $13.96.

Cato (NYSE:CATO - Get Rating) last issued its earnings results on Thursday, May 19th. The specialty retailer reported $0.46 earnings per share for the quarter. Cato had a return on equity of 9.86% and a net margin of 3.39%. The business had revenue of $206.72 million during the quarter.

Cato Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 27th. Shareholders of record on Monday, June 13th were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 5.08%. The ex-dividend date of this dividend was Friday, June 10th. Cato's dividend payout ratio is 58.12%.

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CATO Stock News Headlines

August 11, 2022 | globenewswire.com

Climb Channel Solutions Announces Partnership with Cato Networks - GlobeNewswire

August 9, 2022 | finance.yahoo.com

Regenerative Engineering Society Establishes Award in Honor of Founder Cato T. Laurencin - Yahoo Finance

July 24, 2022 | nytimes.com

Patrick J. Michaels, Vocal Outlier on Climate Change, Dies at 72 - The New York Times

July 5, 2022 | finance.yahoo.com

What Is The Ownership Structure Like For The Cato Corporation (NYSE:CATO)?

June 21, 2022 | cnn.com

Morgan Cato becomes first woman of color to be hired by an NBA team as Assistant GM - CNN

June 20, 2022 | seekingalpha.com

Cato Stock: A Cheap Prospect That Bears Some Long-Term Risk (NYSE:CATO) - Seeking Alpha

June 17, 2022 | wsj.com

'Conspiracy on Cato Street' Review: A Bloody Plot in London - The Wall Street Journal

May 25, 2022 | finance.yahoo.com

Cato (NYSE:CATO) sheds US$36m, company earnings and investor returns have been trending downwards for past five years

May 21, 2022 | nypost.com

Too many children are at risk because of their parents’ mental illness - New York Post

May 20, 2022 | benzinga.com

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND - Benzinga - Benzinga

May 20, 2022 | seekingalpha.com

Cato declares $0.17 dividend (NYSE:CATO) - Seeking Alpha

May 17, 2022 | nypost.com

Brooklyn mom ignored daughter's pleas of 'help me' after fatal beating: prosecutors - New York Post

May 16, 2022 | nytimes.com

Girl, 9, Found Dead in Brooklyn Home With Cuts to Her Head and Bite Marks - The New York Times

May 5, 2022 | uk.finance.yahoo.com

Could quality and value be the key for shares in Cato? - Yahoo Finance UK

May 2, 2022 | finance.yahoo.com

Here's What's Concerning About Cato's (NYSE:CATO) Returns On Capital

March 24, 2022 | finance.yahoo.com

Cato T. Laurencin, MD, PhD, FAAOS, Receives American Academy of Orthopaedic Surgeons' Diversity Award - Yahoo Finance

March 21, 2022 | realmoney.thestreet.com

Cato Shares May Not Be in Fashion, but It's an Interesting Retail Play Even So - RealMoney

March 21, 2022 | finance.yahoo.com

Cato Shares May Not Be in Fashion, but It's an Interesting Retail Play Even So

March 19, 2022 | finance.yahoo.com

Why You Might Be Interested In The Cato Corporation (NYSE:CATO) For Its Upcoming Dividend - Yahoo Finance

March 16, 2022 | benzinga.com

Cato: Dividend Insights - Benzinga - Benzinga

March 14, 2022 | globenewswire.com

GeoVax Retains CATO SMS to Manage Two Phase 2 COVID-19 - GlobeNewswire

March 14, 2022 | finance.yahoo.com

Do Fundamentals Have Any Role To Play In Driving The Cato Corporation's (NYSE:CATO) Stock Up Recently?

February 24, 2022 | seekingalpha.com

Cato declares $0.17 dividend, increases buyback program by 1M shares - Seeking Alpha

February 24, 2022 | finance.yahoo.com

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND AND INCREASED SHARE REPURCHASE AUTHORIZATION

February 22, 2022 | coltswire.usatoday.com

Report: Colts to hire former LB Cato June to coaching staff - Colts Wire

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CATO Company Calendar

Last Earnings: 5/19/2022
Ex-Dividend for 6/27 Dividend: 6/10/2022
Dividend Payable: 6/27/2022
Today: 8/16/2022
Next Earnings (Estimated): 8/18/2022
Fiscal Year End: 1/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Womens' clothing stores
Sub-Industry: Apparel Retail
Sector: Retail/Wholesale
Current Symbol: NYSE:CATO
CUSIP: 14920510
CIK: 18255
Web: www.catofashions.com
Phone: (704) 554-8510
Fax: 704-551-7594
Employees: 7,500
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.17
Trailing P/E Ratio: 11.44
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $36.84 million
Net Margins: 3.39%
Pretax Margin: 3.52%
Return on Equity: 9.86%
Return on Assets: 4.27%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.46
Quick Ratio: 0.92

Sales & Book Value

Annual Sales: $769.27 million
Price / Sales: 0.37
Cash Flow: $2.37 per share
Price / Cash Flow: 5.65
Book Value: $11.77 per share
Price / Book: 1.14

Miscellaneous

Outstanding Shares: 20,990,000
Free Float: 17,833,000
Market Cap: $280.85 million
Optionable: Optionable
Beta: 0.87

Key Executives

Mr. John P. Derham Cato (Age 72)
Chairman, Pres & CEO
Comp: $3.58M
Mr. Charles D. Knight (Age 57)
Exec. VP & CFO
Comp: $419.76k
Mr. Gordon D. Smith (Age 66)
Exec. VP and Chief Real Estate & Store Devel. Officer
Comp: $731.71k
J. Gregory Fagan
VP & Gen. Counsel
Mr. Stephen Headley
Sr. VP of Sourcing & MDSE Support
Mr. Woody Cozart
Sr. VP of GMM - Fashion Division
Mr. Shawn E. Smith
Sec.
Mr. Jeffrey R. Shock
Sr. VP & Controller
Ms. Christin J. Reische
Assistant Sec.

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CATO Stock - Frequently Asked Questions

How have CATO shares performed in 2022?: Cato's stock was trading at $17.16 at the start of the year. Since then, CATO shares have decreased by 22.0% and is now trading at $13.38.
View the best growth stocks for 2022 here.
When is Cato's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 18th 2022.
View our CATO earnings forecast.
How were Cato's earnings last quarter?: The Cato Co. (NYSE:CATO) announced its quarterly earnings data on Thursday, May, 19th. The specialty retailer reported $0.46 EPS for the quarter. The specialty retailer had revenue of $206.72 million for the quarter. Cato had a net margin of 3.39% and a trailing twelve-month return on equity of 9.86%.
How often does Cato pay dividends? What is the dividend yield for Cato?: Cato declared a quarterly dividend on Monday, May 23rd. Shareholders of record on Monday, June 13th will be given a dividend of $0.17 per share on Monday, June 27th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date is Friday, June 10th.
Read our dividend analysis for CATO.
Is Cato a good dividend stock?: Cato (NYSE:CATO) pays an annual dividend of $0.68 per share and currently has a dividend yield of 5.28%. CATO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 58.12%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CATO.
What is John P. Derham Cato's approval rating as Cato's CEO?: 229 employees have rated Cato Chief Executive Officer John P. Derham Cato on Glassdoor.com. John P. Derham Cato has an approval rating of 45% among the company's employees. This puts John P. Derham Cato in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Cato own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cato investors own include AT&T (T), Kohl's (KSS), Pfizer (PFE), Freeport-McMoRan (FCX), International Business Machines (IBM), Verizon Communications (VZ), Bed Bath & Beyond (BBBY), Bristol-Myers Squibb (BMY), CVS Health (CVS) and Ford Motor (F).
What is Cato's stock symbol?: Cato trades on the New York Stock Exchange (NYSE) under the ticker symbol "CATO."
Who are Cato's major shareholders?: Cato's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (3.19%), State Street Corp (2.99%), Northern Trust Corp (0.85%), Principal Financial Group Inc. (0.55%), Yacktman Asset Management LP (0.50%) and Prudential Financial Inc. (0.41%).
View institutional ownership trends.
How do I buy shares of Cato?: Shares of CATO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Cato's stock price today?: One share of CATO stock can currently be purchased for approximately $13.38.
How much money does Cato make?: Cato (NYSE:CATO) has a market capitalization of $280.81 million and generates $769.27 million in revenue each year. The specialty retailer earns $36.84 million in net income (profit) each year or $1.17 on an earnings per share basis.
How many employees does Cato have?: The company employs 7,500 workers across the globe.
How can I contact Cato?: Cato's mailing address is 8100 Denmark Road, Charlotte NC, 28273. The official website for the company is www.catofashions.com. The specialty retailer can be reached via phone at (704) 554-8510 or via fax at 704-551-7594.

This page (NYSE:CATO) was last updated on 8/17/2022 by MarketBeat.com Staff

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