Carter's - CRI Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carter's in the last year. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 1-year target prices for Carter's' stock. Their CRI share price forecasts range from $68.00 to $108.00. On average, they predict the company's share price to reach $86.00 in the next year. This suggests a possible upside of 20.7% 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 $101.22 on January 1st, 2022. Since then, CRI shares have decreased by 29.6% and is now trading at $71.23.
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Carter's saw a decline in short interest in November. As of November 15th, there was short interest totaling 2,290,000 shares, a decline of 18.5% from the October 31st total of 2,810,000 shares. Based on an average trading volume of 699,800 shares, the days-to-cover ratio is presently 3.3 days. Currently, 6.2% of the shares of the company are sold short.
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) announced its quarterly earnings results on Friday, October, 28th. The textile maker reported $1.67 EPS for the quarter, topping the consensus estimate of $1.65 by $0.02. The textile maker earned $818.60 million during the quarter, compared to the consensus estimate of $853.63 million. Carter's had a net margin of 7.94% and a trailing twelve-month return on equity of 44.06%. The business's quarterly revenue was down 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.93 earnings per share.

Carter's declared 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 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date 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 4.15%. 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 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 43.60% 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 EPS guidance of $1.40-$2.00 for the period, compared to the consensus 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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.21%), BlackRock Inc. (8.82%), Mackenzie Financial Corp (5.64%), Alliancebernstein L.P. (4.69%), LSV Asset Management (3.20%) and Victory Capital Management Inc. (3.02%). 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 $71.23.

Carter's (NYSE:CRI) has a market capitalization of $2.72 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.