NYSE:CULP - Culp Stock Price, Forecast & News

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

Culp declared a quarterly dividend on Monday, December 9th. Stockholders of record on Wednesday, January 8th will be given a dividend of $0.105 per share on Friday, January 17th. This represents a $0.42 annualized dividend and a dividend yield of 3.16%. The ex-dividend date is Tuesday, January 7th. This is an increase from Culp's previous quarterly dividend of $0.10. View Culp's Dividend History.

Culp, Inc. (NYSE:CULP) issued its quarterly earnings data on Thursday, September, 5th. The textile maker reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.04. The textile maker earned $74.85 million during the quarter, compared to analyst estimates of $73.23 million. Culp had a return on equity of 3.38% and a net margin of 1.83%. View Culp's Earnings History.

Culp is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Culp.

1 analysts have issued 1-year target prices for Culp's stock. Their forecasts range from $18.00 to $18.00. On average, they expect Culp's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 35.5% from the stock's current price. View Analyst Price Targets for Culp.

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Culp.

News stories about CULP stock have been trending very positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Culp earned a news sentiment score of 3.4 on InfoTrie's scale. They also gave media coverage about the textile maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Culp.

Culp saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 16,100 shares, a decrease of 49.5% from the December 15th total of 31,900 shares. Based on an average daily volume of 38,000 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short. View Culp's Current Options Chain.

Some companies that are related to Culp include GoPro (GPRO), Entercom Communications (ETM), Delta Galil Industries (DELTY), Hemisphere Media Group (HMTV), WideOpenWest (WOW), Golden Entertainment (GDEN), American Outdoor Brands (AOBC), AO World (AOWDF), Care.com (CRCM), Marine Products (MPX), Tribune Publishing (TPCO), Eros International (EROS), Vista Outdoor (VSTO), PCM (PCMI) and American Public Education (APEI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Culp investors own include Delta Air Lines (DAL), Walt Disney (DIS), Home Depot (HD), Hormel Foods (HRL), Mcdonald's (MCD), Broadcom (AVGO), Casey's General Stores (CASY), Cincinnati Financial (CINF), Comcast (CMCSA) and Cirrus Logic (CRUS).

Culp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.16%). Company insiders that own Culp stock include Fred A Jackson, Kenneth W Mcallister and Thomas Bernard Gallagher Jr. View Institutional Ownership Trends for Culp.

CULP stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. View Insider Buying and Selling for Culp.

Shares of CULP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CULP stock can currently be purchased for approximately $13.28.

Culp has a market capitalization of $164.80 million and generates $296.67 million in revenue each year. The textile maker earns $5.68 million in net income (profit) each year or $0.41 on an earnings per share basis. Culp employs 1,440 workers across the globe.View Additional Information About Culp.

The official website for Culp is http://www.culpinc.com/.

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