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NYSE:CULP

Culp Stock Forecast, Price & News

$10.61
-0.25 (-2.30%)
(As of 11/30/2021 12:00 AM ET)
Add
Compare
Today's Range
$10.25
$10.94
50-Day Range
$10.48
$14.06
52-Week Range
$10.11
$17.88
Volume
14,728 shs
Average Volume
27,190 shs
Market Capitalization
$129.47 million
P/E Ratio
16.08
Dividend Yield
4.05%
Beta
1.15
30 days | 90 days | 365 days | Advanced Chart
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Culp logo

About Culp

Culp, Inc. engages in the design, manufacture, and trade of mattresses and upholstery products. It operates through the Mattress Fabrics and Upholstery Fabrics segments. The Mattress Fabrics segment markets and sells covers and beddings under the Culp Home Fashions brand. The Upholstery Fabrics segment produces and supplies fabrics for residential and commercial manufacturers. The company was founded by Robert G. Culp, Jr. and Robert G. Culp, III in 1972 and is headquartered in High Point, NC.

Headlines

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Industry, Sector and Symbol

Industry
Broadwoven fabric mills, cotton
Sub-Industry
Textiles
CUSIP
23021510
Employees
1,430
Year Founded
N/A

Sales & Book Value

Annual Sales
$299.72 million
Cash Flow
$1.20 per share
Book Value
$10.48 per share

Profitability

Net Income
$3.22 million
Pretax Margin
3.93%

Debt

Price-To-Earnings

Miscellaneous

Free Float
11,642,000
Market Cap
$129.47 million
Optionable
Optionable

Company Calendar

Last Earnings
8/31/2021
Ex-Dividend
10/07/2021
Dividend Payable
10/18/2021
Today
11/30/2021
Next Earnings (Confirmed)
12/01/2021
Fiscal Year End
4/30/2022

MarketRank

Overall MarketRank

3.34 out of 5 stars

Consumer Discretionary Sector

5th out of 388 stocks

Broadwoven Fabric Mills, Cotton Industry

1st out of 2 stocks

Analyst Opinion: 3.5Community Rank: 4.3Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -












Culp (NYSE:CULP) Frequently Asked Questions

Is Culp a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Culp in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Culp stock.
View analyst ratings for Culp
or view top-rated stocks.

How has Culp's stock price been impacted by COVID-19?

Culp's stock was trading at $8.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CULP stock has increased by 32.1% and is now trading at $10.61.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Culp?

Culp saw a drop in short interest in November. As of November 15th, there was short interest totaling 37,000 shares, a drop of 27.3% from the October 31st total of 50,900 shares. Based on an average trading volume of 20,500 shares, the short-interest ratio is currently 1.8 days. Approximately 0.3% of the company's shares are short sold.
View Culp's Short Interest
.

When is Culp's next earnings date?

Culp is scheduled to release its next quarterly earnings announcement on Wednesday, December 1st 2021.
View our earnings forecast for Culp
.

How can I listen to Culp's earnings call?

Culp will be holding an earnings conference call on Thursday, December 2nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) posted its quarterly earnings results on Tuesday, August, 31st. The textile maker reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.05. The textile maker had revenue of $83.05 million for the quarter, compared to the consensus estimate of $77.39 million. Culp had a trailing twelve-month return on equity of 6.32% and a net margin of 2.58%.
View Culp's earnings history
.

How often does Culp pay dividends? What is the dividend yield for Culp?

Culp announced a quarterly dividend on Thursday, September 2nd. Shareholders of record on Monday, October 11th will be paid a dividend of $0.11 per share on Monday, October 18th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend is Thursday, October 7th.
View Culp's dividend history
.

Is Culp a good dividend stock?

Culp pays an annual dividend of $0.44 per share and currently has a dividend yield of 4.05%. CULP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Culp has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Culp is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Culp will have a dividend payout ratio of 48.89% next year. This indicates that Culp will be able to sustain or increase its dividend.
View Culp's dividend history.

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

Culp issued an update on its FY 2022 earnings guidance on Wednesday, September, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $323.70 million-$335.69 million, compared to the consensus revenue estimate of $323.43 million.

What price target have analysts set for CULP?

1 equities research analysts have issued 1 year price targets for Culp's shares. Their forecasts range from $17.00 to $17.00. On average, they expect Culp's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 60.2% from the stock's current price.
View analysts' price targets for Culp
or view top-rated stocks among Wall Street analysts.

Who are Culp's key executives?

Culp's management team includes the following people:
  • Robert George Culp, Chief Executive Officer & Director
  • Kenneth R. Bowling, Chief Financial Officer, Treasurer & Executive VP
  • Ashley C. Durbin, Secretary, Vice President & General Counsel
  • Thomas B. Gallagher, Vice President-Finance & Controller
  • Teresa A. Huffman, Senior Vice President-Human Resources

What other stocks do shareholders of Culp own?

What is Culp's stock symbol?

Culp trades on the New York Stock Exchange (NYSE) under the ticker symbol "CULP."

Who are Culp's major shareholders?

Culp's stock is owned by many different retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (6.95%), Dimensional Fund Advisors LP (5.93%), Wasatch Advisors Inc. (4.11%), Russell Investments Group Ltd. (3.75%), BlackRock Inc. (3.10%) and Ancora Advisors LLC (2.49%). Company insiders that own Culp stock include Franklin N Saxon, Kenneth W Mcallister, Robert George Iv Culp and Sharon A Decker.
View institutional ownership trends for Culp
.

Which institutional investors are selling Culp stock?

CULP stock was sold by a variety of institutional investors in the last quarter, including SG Capital Management LLC, Renaissance Technologies LLC, UBS Group AG, Citadel Advisors LLC, Dimensional Fund Advisors LP, Moors & Cabot Inc., Two Sigma Advisers LP, and Millennium Management LLC. Company insiders that have sold Culp company stock in the last year include Franklin N Saxon, Robert George Iv Culp, and Sharon A Decker.
View insider buying and selling activity for Culp
or view top insider-selling stocks.

Which institutional investors are buying Culp stock?

CULP stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Hodges Capital Management Inc., Ancora Advisors LLC, Russell Investments Group Ltd., Arrowstreet Capital Limited Partnership, Barclays PLC, Geode Capital Management LLC, and American Century Companies Inc..
View insider buying and selling activity for Culp
or or view top insider-buying stocks.

How do I buy shares of Culp?

Shares of CULP 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 Culp's stock price today?

One share of CULP stock can currently be purchased for approximately $10.61.

How much money does Culp make?

Culp has a market capitalization of $129.47 million and generates $299.72 million in revenue each year. The textile maker earns $3.22 million in net income (profit) each year or $0.66 on an earnings per share basis.

How many employees does Culp have?

Culp employs 1,430 workers across the globe.

What is Culp's official website?

The official website for Culp is www.culpinc.com.

Where are Culp's headquarters?

How can I contact Culp?

Culp's mailing address is 1823 EASTCHESTER DRIVE, HIGH POINT NC, 27265. The textile maker can be reached via phone at (336) 889-5161 or via fax at 336-887-7089.


This page was last updated on 11/30/2021 by MarketBeat.com Staff

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