NYSE:CRI

Carter's (CRI) Stock Price, News & Analysis

$68.64
-1.14 (-1.63%)
(As of 05/17/2024 ET)
Today's Range
$68.32
$69.86
50-Day Range
$68.40
$87.95
52-Week Range
$60.65
$88.03
Volume
764,312 shs
Average Volume
781,125 shs
Market Capitalization
$2.51 billion
P/E Ratio
10.83
Dividend Yield
4.66%
Price Target
$73.80

Carter's MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.83 Rating Score
Upside/​Downside
7.5% Upside
$73.80 Price Target
Short Interest
Healthy
10.04% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.31
Upright™ Environmental Score
News Sentiment
0.81mentions of Carter
Based on 11 Articles This Week
Insider Trading
Selling Shares
$153,262 Sold Last Quarter
Proj. Earnings Growth
6.72%
From $6.25 to $6.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.84 out of 5 stars

Consumer Discretionary Sector

88th out of 267 stocks

Apparel, Finished Products From Fabrics & Similar Materials Industry

5th out of 15 stocks

CRI stock logo

About Carter's Stock (NYSE:CRI)

Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Little Planet, and other brands in the United States and internationally. It operates through three segments: U.S. Retail, U.S. Wholesale, and International. The company's Carter's products include babies and young children products, such as bodysuits, layette essentials, sleep and play, pants, tops and t-shirts, multipiece sets, dresses, and sleepwear; and OshKosh brand products comprise playclothes, such as denim jeans, overalls, core bottoms, knit tops, t-shirts, and layering pieces. It provides products for playtime, travel, mealtime, bath time, and home gear, as well as kid's bags under the Skip Hop brand. In addition, the company offers bedding, home décor, cribs and baby furniture, diaper bags, footwear, gift sets, hair accessories, jewelry, outerwear, paper goods, socks, shoes, swimwear, and toys. The company operates through wholesale locations, including department stores, national chain stores, and specialty stores, as well as retail stores. It sells its products through its eCommerce websites, such as carters.com, oshkosh.com, skiphop.com, and mobile application, as well as other international wholesale accounts and licensees. Carter's, Inc. was founded in 1865 and is headquartered in Atlanta, Georgia.

CRI Stock Price History

CRI Stock News Headlines

Carter's declares $0.80 dividend
Carter’s, Inc. Announces Quarterly Dividend
Carter's, Inc. Announces Quarterly Dividend
Carter's Commands Children's Clothing Market
Q1 2024 Carter's Inc Earnings Call
Carters Inc. Q1 Profit Increases, beats estimates
Carter's Earnings: What To Look For From CRI
Wells Fargo Reaffirms Their Hold Rating on Carter’s (CRI)
Expert Outlook: Carter's Through The Eyes Of 5 Analysts
RSI Alert: Carter's Now Oversold
Carter's, Inc. (CRI)
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Ex-Dividend for 3/29 Dividend
3/08/2024
Dividend Payable
3/29/2024
Today
5/17/2024
Ex-Dividend for 6/7 Dividend
5/24/2024
Dividend Payable
6/07/2024
Next Earnings (Estimated)
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Apparel, finished products from fabrics & similar materials
Sub-Industry
Apparel Accessories & Luxury Goods
CUSIP
14622910
Employees
15,230
Year Founded
1865

Price Target and Rating

Average Stock Price Target
$73.80
High Stock Price Target
$80.00
Low Stock Price Target
$64.00
Potential Upside/Downside
+7.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.83
Research Coverage
6 Analysts

Profitability

Net Income
$232.50 million
Pretax Margin
10.46%

Debt

Sales & Book Value

Annual Sales
$2.95 billion
Cash Flow
$8.08 per share
Book Value
$23.05 per share

Miscellaneous

Free Float
35,295,000
Market Cap
$2.51 billion
Optionable
Optionable
Beta
1.32

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CRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Carter's stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carter's in the last twelve months. There are currently 1 sell rating and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" CRI shares.
View CRI analyst ratings
or view top-rated stocks.

What is Carter's' stock price target for 2024?

6 brokerages have issued 12-month price objectives for Carter's' stock. Their CRI share price targets range from $64.00 to $80.00. On average, they predict the company's share price to reach $73.80 in the next year. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for CRI
or view top-rated stocks among Wall Street analysts.

How have CRI shares performed in 2024?

Carter's' stock was trading at $74.89 on January 1st, 2024. Since then, CRI stock has decreased by 8.3% and is now trading at $68.64.
View the best growth stocks for 2024 here
.

Are investors shorting Carter's?

Carter's saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 3,560,000 shares, a decrease of 11.4% from the April 15th total of 4,020,000 shares. Based on an average daily volume of 874,700 shares, the short-interest ratio is presently 4.1 days. Approximately 10.0% of the shares of the stock are short sold.
View Carter's' Short Interest
.

When is Carter's' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024.
View our CRI earnings forecast
.

How were Carter's' earnings last quarter?

Carter's, Inc. (NYSE:CRI) released its quarterly earnings data on Tuesday, February, 27th. The textile maker reported $2.76 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.24. The textile maker earned $858 million during the quarter, compared to analysts' expectations of $867.81 million. Carter's had a trailing twelve-month return on equity of 28.55% and a net margin of 8.06%. The firm's quarterly revenue was down 5.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.29 EPS.

How often does Carter's pay dividends? What is the dividend yield for Carter's?

Carter's announced a quarterly dividend on Thursday, May 16th. Investors of record on Tuesday, May 28th will be paid a dividend of $0.80 per share on Friday, June 7th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 4.66%. The ex-dividend date of this dividend is Friday, May 24th.
Read our dividend analysis for CRI
.

Is Carter's a good dividend stock?

Carter's (NYSE:CRI) pays an annual dividend of $3.20 per share and currently has a dividend yield of 4.63%. CRI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 50.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRI will have a dividend payout ratio of 47.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CRI.

What guidance has Carter's issued on next quarter's earnings?

Carter's issued an update on its second quarter earnings guidance on Friday, April, 26th. The company provided EPS guidance of $0.35-0.45 for the period, compared to the consensus estimate of $0.79. The company issued revenue guidance of $560-570 million, compared to the consensus revenue estimate of $611.68 million.

What is Mike Casey's approval rating as Carter's' CEO?

469 employees have rated Carter's Chief Executive Officer Mike Casey on Glassdoor.com. Mike Casey has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Carter's own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Carter's investors own include CVS Health (CVS), Cisco Systems (CSCO), Home Depot (HD), Intel (INTC), QUALCOMM (QCOM), Starbucks (SBUX), Skyworks Solutions (SWKS), Alphabet (GOOG), Walt Disney (DIS) and Netflix (NFLX).

Who are Carter's' major shareholders?

Carter's' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.73%), Bank of New York Mellon Corp (4.33%), LSV Asset Management (3.34%), William Blair Investment Management LLC (1.47%), Wasatch Advisors LP (1.45%) and Silvercrest Asset Management Group LLC (0.96%). Insiders that own company stock include Ben Pivar, Brian Lynch, Jeff Jenkins, Jill Wilson, Julie D'emilio, Kendra Krugman, Mark Hipp, Michael Dennis Casey, Richard F Westenberger and William J Montgoris.
View institutional ownership trends
.

How do I buy shares of Carter's?

Shares of CRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Carter's have any subsidiaries?
The following companies are subsidiares of Carter's: Skip Hop.
Read More
This page (NYSE:CRI) was last updated on 5/18/2024 by MarketBeat.com Staff

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