Carter's - CRI Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Carter's in the last twelve months. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRI, but not buy additional shares or sell existing shares.
View CRI analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 12 month price targets for Carter's' shares. Their CRI share price forecasts range from $68.00 to $99.00. On average, they expect the company's stock price to reach $82.25 in the next year. This suggests a possible upside of 2.1% from the stock's current price.
View analysts price targets for CRI or view top-rated stocks among Wall Street analysts.

Carter's' stock was trading at $74.61 on January 1st, 2023. Since then, CRI shares have increased by 8.0% and is now trading at $80.59.
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Carter's saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 2,010,000 shares, a decline of 7.4% from the December 31st total of 2,170,000 shares. Based on an average daily volume of 651,800 shares, the short-interest ratio is currently 3.1 days. Approximately 5.4% of the shares of the stock are short sold.
View Carter's' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, February 24th 2023.
View our CRI earnings forecast.

Carter's, Inc. (NYSE:CRI) posted its quarterly earnings results on Friday, October, 28th. The textile maker reported $1.67 EPS for the quarter, beating the consensus estimate of $1.65 by $0.02. The textile maker had revenue of $818.60 million for the quarter, compared to analysts' expectations of $853.63 million. Carter's had a trailing twelve-month return on equity of 44.06% and a net margin of 7.94%. The business's quarterly revenue was down 8.1% on a year-over-year basis. During the same period last year, the firm earned $1.93 EPS.

Carter's announced a quarterly dividend on Thursday, November 17th. Shareholders of record on Tuesday, November 29th will be given a dividend of $0.75 per share on Friday, December 9th. This represents a $3.00 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend is Monday, November 28th.
Read our dividend analysis for CRI.

Carter's (NYSE:CRI) pays an annual dividend of $3.00 per share and currently has a dividend yield of 3.68%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRI will have a dividend payout ratio of 44.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CRI.

Carter's issued an update on its fourth quarter 2022 earnings guidance on Sunday, November, 6th. The company provided earnings per share (EPS) guidance of $1.40-$2.00 for the period, compared to the consensus earnings per share estimate of $2.56. The company issued revenue guidance of $845.00 million-$885.00 million, compared to the consensus revenue estimate of $963.82 million.

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.

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).

Carter's trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRI."

Carter's' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (2.53%), Reinhart Partners Inc. (0.60%), Ceredex Value Advisors LLC (0.49%), Hahn Capital Management LLC (0.25%), Sound Income Strategies LLC (0.17%) and Coho Partners Ltd. (0.14%). Insiders that own company stock include Ben Pivar, Brian Lynch, Jill Wilson, Julie D'emilio, Kendra Krugman, Michael Dennis Casey and William J Montgoris.
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Shares of CRI 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.
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One share of CRI stock can currently be purchased for approximately $80.59.

Carter's (NYSE:CRI) has a market capitalization of $3.08 billion and generates $3.49 billion in revenue each year. The textile maker earns $339.75 million in net income (profit) each year or $6.57 on an earnings per share basis.

The company employs 15,900 workers across the globe.

Carter's' mailing address is 3438 PEACHTREE ROAD NE SUITE 1800 PHIPPS TOWER, ATLANTA GA, 30326. The official website for the company is www.carters.com. The textile maker can be reached via phone at (678) 791-1000, via email at investor@carters.com, or via fax at 404-892-3079.