NYSE:CRI Carter's (CRI) Stock Forecast, Price & News $62.71 +0.11 (+0.18%) (As of 01:15 PM ET) Add Compare Share Share Today's Range$61.65▼$62.8950-Day Range$62.60▼$72.5152-Week Range$61.65▼$86.76Volume376,240 shsAverage Volume734,585 shsMarket Capitalization$2.36 billionP/E Ratio11.08Dividend Yield4.78%Price Target$77.67 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Carter's MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside24.0% Upside$77.67 Price TargetShort InterestHealthy8.52% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.31Upright™ Environmental ScoreNews Sentiment0.87Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth7.54%From $5.97 to $6.42 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.33 out of 5 starsConsumer Discretionary Sector115th out of 278 stocksApparel, Finished Products From Fabrics & Similar Materials Industry9th out of 13 stocks 2.0 Analyst's Opinion Consensus RatingCarter's has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $77.67, Carter's has a forecasted upside of 24.0% from its current price of $62.61.Amount of Analyst CoverageCarter's has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted8.52% of the float of Carter's has been sold short.Short Interest Ratio / Days to CoverCarter's has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Carter's has recently decreased by 4.59%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipCarter's is a leading dividend payer. It pays a dividend yield of 4.79%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCarter's has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Carter's is 53.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Carter's will have a dividend payout ratio of 46.73% next year. This indicates that Carter's will be able to sustain or increase its dividend. Previous Next 1.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCarter's has received a -18.39% net impact score from Upright. The largest negative impact of Carter's in category "GHG emissions" seems to be driven mostly by its "Online retail of clothing for babies and children", "Direct selling of clothing through representatives", "Wholesale of clothing", "Physical retail of clothing at a department store", and "Underwear for babies and children" products. See details.Environmental SustainabilityThe Environmental Impact score for Carter's is -3.31. Previous Next 2.7 News and Social Media Coverage News SentimentCarter's has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Carter's this week, compared to 6 articles on an average week.MarketBeat Follows2 people have added Carter's to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Carter's insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.50% of the stock of Carter's is held by insiders.Percentage Held by Institutions99.13% of the stock of Carter's is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Carter's are expected to grow by 7.54% in the coming year, from $5.97 to $6.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Carter's is 11.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Carter's is 11.06, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.60.Price to Book Value per Share RatioCarter's has a P/B Ratio of 3.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Carter's (NYSE:CRI) StockCarter's, Inc. engages in the marketing of apparel for babies and young children. It operates through the following segments: U.S. Retail, U.S. Wholesale, and International. The U.S. retail segment consists of sales of products in retail and online stores. The U.S. Wholesale segment includes sales in the United States of products to wholesale partners. The International segment consists of sales of products outside the United States, largely through retail stores in Canada and Mexico, eCommerce sites in Canada and China, and sales to international wholesale accounts and licensees. The company was founded by William Carter in 1865 and is headquartered in Atlanta, GA.Read More Receive CRI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carter's and its competitors with MarketBeat's FREE daily newsletter. Email Address CRI Stock News HeadlinesMay 25, 2023 | americanbankingnews.comCarter's, Inc. Plans Quarterly Dividend of $0.75 (NYSE:CRI)May 22, 2023 | finance.yahoo.comCarter's (NYSE:CRI) Has Announced A Dividend Of $0.75May 30, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Carter's (NYSE:CRI)May 20, 2023 | msn.comCarters (CRI) Declares $0.75 DividendMay 18, 2023 | americanbankingnews.comCarter's (NYSE:CRI) Hits New 1-Year Low at $62.65May 14, 2023 | finance.yahoo.comThe five-year shareholder returns and company earnings persist lower as Carter's (NYSE:CRI) stock falls a further 5.8% in past weekMay 4, 2023 | americanbankingnews.comCitigroup Lowers Carter's (NYSE:CRI) Price Target to $60.00May 30, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 1, 2023 | americanbankingnews.comCarter's (NYSE:CRI) Releases Quarterly Earnings Results, Beats Estimates By $0.46 EPSApril 30, 2023 | finance.yahoo.comCarter's First Quarter 2023 Earnings: Beats ExpectationsApril 30, 2023 | americanbankingnews.comCarter's (NYSE:CRI) Shares Gap Up on Earnings BeatApril 28, 2023 | finance.yahoo.comCarter’s, Inc. Reports First Quarter Fiscal 2023 ResultsApril 26, 2023 | americanbankingnews.comCarter's (CRI) to Release Quarterly Earnings on FridayApril 24, 2023 | finance.yahoo.comCarter’s, Inc. to Report First Quarter Fiscal 2023 Results on Friday, April 28, 2023April 14, 2023 | benzinga.comCarter's Stock (NYSE:CRI), Analyst Ratings, Price Targets, PredictionsApril 12, 2023 | finance.yahoo.comA Carter's, Inc. (NYSE:CRI) insider increased their holdings by 2.6% last yearApril 11, 2023 | finance.yahoo.comPreparing for Takeoff: Carter’s Announces Airplane Apology Agreement to Help Families with Fussy FlyersApril 7, 2023 | americanbankingnews.comCarter's, Inc. (NYSE:CRI) Receives $81.38 Average Price Target from AnalystsApril 5, 2023 | msn.com‘The Offing’: Beta Seals Multi-Territory Deal On Helena Bonham Carter-StarrerApril 5, 2023 | msn.comHelena Bonham Carter Movie ‘The Offing’ Kicks Off Pre-Sales With Multi-Territory DealApril 1, 2023 | americanbankingnews.comUBS Group Cuts Carter's (NYSE:CRI) Price Target to $65.00March 29, 2023 | finance.yahoo.comIs Now The Time To Look At Buying Carter's, Inc. (NYSE:CRI)?March 15, 2023 | finance.yahoo.comCarter’s Expands into Maternity Apparel with New Little Planet Mama Collection Designed for Every Stage of MotherhoodMarch 13, 2023 | businesswire.comCarter’s, Inc. Announces Participation at the BofA Securities 2023 Consumer and Retail ConferenceMarch 10, 2023 | finance.yahoo.comCarter's, Inc.'s (NYSE:CRI) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?March 1, 2023 | finance.yahoo.comCarter’s, Inc. (NYSE:CRI) Q4 2022 Earnings Call TranscriptSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CRI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Carter's and its competitors with MarketBeat's FREE daily newsletter. Email Address CRI Company Calendar Ex-Dividend for 3/17 Dividend3/06/2023Dividend Payable3/17/2023Last Earnings4/28/2023Ex-Dividend for 6/9 Dividend5/26/2023Today5/30/2023Dividend Payable6/09/2023Next Earnings (Estimated)8/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Apparel, finished products from fabrics & similar materials Sub-IndustryApparel Accessories & Luxury Goods SectorConsumer Discretionary Current SymbolNYSE:CRI CUSIP14622910 CIK1060822 Webwww.carters.com Phone(678) 791-1000Fax404-892-3079Employees15,500Year Founded1865Price Target and Rating Average Stock Price Forecast$77.67 High Stock Price Forecast$99.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside+24.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$5.66 Trailing P/E Ratio11.06 Forward P/E Ratio10.49 P/E GrowthN/ANet Income$250.04 million Net Margins6.97% Pretax Margin8.83% Return on Equity30.11% Return on Assets9.73% Debt Debt-to-Equity Ratio0.72 Current Ratio2.54 Quick Ratio1.04 Sales & Book Value Annual Sales$3.21 billion Price / Sales0.73 Cash Flow$8.89 per share Price / Cash Flow7.04 Book Value$20.87 per share Price / Book3.00Miscellaneous Outstanding Shares37,690,000Free Float36,369,000Market Cap$2.36 billion OptionableOptionable Beta1.23 Social Links Key ExecutivesMichael Dennis CaseyChairman & Chief Executive OfficerBrian J. LynchPresident & Chief Operating OfficerRichard F. WestenbergerCFO, Chief Accounting Officer & Executive VPBenjamin L. PivarChief Information Officer & Senior Vice PresidentAntonio D. RobinsonSecretary & Chief Compliance OfficerKey CompetitorsG-III Apparel GroupNASDAQ:GIIIColumbia SportswearNASDAQ:COLMUnder ArmourNYSE:UAALanvin GroupNYSE:LANVGildan ActivewearNYSE:GILView All CompetitorsInsiders & InstitutionsLegato Capital Management LLCBought 6,073 shares on 5/25/2023Ownership: 0.036%Toroso Investments LLCBought 1,531 shares on 5/23/2023Ownership: 0.021%Ameriprise Financial Inc.Sold 38,530 shares on 5/22/2023Ownership: 0.294%JPMorgan Chase & Co.Sold 24,261 shares on 5/18/2023Ownership: 7.997%New York State Common Retirement FundSold 2,308 shares on 5/18/2023Ownership: 0.281%View All Insider TransactionsView All Institutional Transactions CRI Stock - Frequently Asked Questions Should I buy or sell Carter's stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carter's in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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. What is Carter's' stock price forecast for 2023? 2 Wall Street analysts have issued 12-month target prices for Carter's' stock. Their CRI share price forecasts range from $60.00 to $99.00. On average, they predict the company's share price to reach $77.67 in the next year. This suggests a possible upside of 24.0% 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 2023? Carter's' stock was trading at $74.61 at the beginning of 2023. Since then, CRI stock has decreased by 16.1% and is now trading at $62.61. View the best growth stocks for 2023 here. Are investors shorting Carter's? Carter's saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,270,000 shares, an increase of 18.9% from the April 15th total of 2,750,000 shares. Based on an average daily volume of 793,500 shares, the days-to-cover ratio is currently 4.1 days. Approximately 8.9% of the shares of the company are sold short. 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, August 4th 2023. View our CRI earnings forecast. How were Carter's' earnings last quarter? Carter's, Inc. (NYSE:CRI) released its quarterly earnings data on Friday, April, 28th. The textile maker reported $0.98 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.46. The textile maker earned $695.80 million during the quarter, compared to analyst estimates of $648.58 million. Carter's had a trailing twelve-month return on equity of 30.11% and a net margin of 6.97%. Carter's's revenue was down 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.66 earnings per share. How often does Carter's pay dividends? What is the dividend yield for Carter's? Carter's announced a quarterly dividend on Thursday, May 18th. Shareholders of record on Tuesday, May 30th will be given a dividend of $0.75 per share on Friday, June 9th. This represents a $3.00 annualized dividend and a dividend yield of 4.79%. The ex-dividend date of this dividend is Friday, May 26th. Read our dividend analysis for CRI. What ETFs hold Carter's' stock? ETFs with the largest weight of Carter's (NYSE:CRI) stock in their portfolio include Sound Equity Income ETF (SDEI), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), First Trust Consumer Discretionary AlphaDEX Fund (FXD), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Distillate Small/Mid Cash Flow ETF (DSMC), WisdomTree U.S. SmallCap Dividend Fund (DES) and Invesco S&P MidCap Quality ETF (XMHQ). Is Carter's a good dividend stock? Carter's (NYSE:CRI) pays an annual dividend of $3.00 per share and currently has a dividend yield of 4.79%. 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 53.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRI will have a dividend payout ratio of 46.73% 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 FY23 earnings guidance on Friday, April, 28th. The company provided earnings per share guidance of $6.15 for the period, compared to the consensus earnings per share estimate of $5.86. The company issued revenue guidance of $3.0 billion, compared to the consensus revenue estimate of $3.01 billion. 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). What is Carter's' stock symbol? Carter's trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRI." Who are Carter's' major shareholders? Carter's' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.87%), JPMorgan Chase & Co. (8.00%), Shapiro Capital Management LLC (7.33%), Mackenzie Financial Corp (5.95%), Wellington Management Group LLP (4.19%) and LSV Asset Management (3.18%). Insiders that own company stock include Ben Pivar, Brian Lynch, Jill Wilson, Julie D'emilio, Kendra Krugman, Michael Dennis Casey 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Carter's' stock price today? One share of CRI stock can currently be purchased for approximately $62.61. How much money does Carter's make? Carter's (NYSE:CRI) has a market capitalization of $2.36 billion and generates $3.21 billion in revenue each year. The textile maker earns $250.04 million in net income (profit) each year or $5.66 on an earnings per share basis. How many employees does Carter's have? The company employs 15,500 workers across the globe. Does Carter's have any subsidiaries? The following companies are subsidiares of Carter's: Skip Hop.Read More How can I contact Carter's? 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. This page (NYSE:CRI) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Carter's, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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