NYSE:CULP - Culp Stock Price, News, & Analysis

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

Culp announced a quarterly dividend on Thursday, February 28th. Shareholders of record on Monday, April 1st will be given a dividend of $0.10 per share on Monday, April 15th. This represents a $0.40 annualized dividend and a yield of 2.18%. The ex-dividend date is Friday, March 29th. View Culp's Dividend History.

Culp, Inc. (NYSE:CULP) released its earnings results on Wednesday, February, 27th. The textile maker reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.02. The textile maker earned $77.23 million during the quarter, compared to the consensus estimate of $79.38 million. Culp had a net margin of 6.49% and a return on equity of 8.11%. View Culp's Earnings History.

Culp is scheduled to release their next quarterly earnings announcement on Wednesday, June 12th 2019. View Earnings Estimates for Culp.

2 Wall Street analysts have issued 12-month price targets for Culp's stock. Their predictions range from $22.00 to $28.00. On average, they anticipate Culp's stock price to reach $25.00 in the next year. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Price Targets for Culp.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Culp in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Culp.

News headlines about CULP stock have been trending negative on Wednesday, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Culp earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave news coverage about the textile maker a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Some companies that are related to Culp include Central European Media Enterprises (CETV), Emerald Expositions Events (EEX), Entercom Communications (ETM), Sturm Ruger & Company Inc (RGR), Malibu Boats (MBUU), Ehi Car Services (EHIC), Delta Galil Industries (DELTY), The Providence Service (PRSC), Johnson Outdoors (JOUT), Monarch Casino & Resort (MCRI), Party City Holdco (PRTY), Manchester United (MANU), SP Plus (SP), PlayAGS (AGS) and Speedway Motorsports (TRK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Culp investors own include Jabil (JBL), GVC (GVC), Casey's General Stores (CASY), CEVA (CEVA), Cirrus Logic (CRUS), Dicerna Pharmaceuticals (DRNA), Energy Recovery (ERII), Second Sight Medical Products (EYES), Gilead Sciences (GILD) and Glu Mobile (GLUU).

Culp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.57%), BlackRock Inc. (6.17%), Renaissance Technologies LLC (5.83%), Victory Capital Management Inc. (5.69%), THB Asset Management (2.06%) and Northern Trust Corp (1.11%). Company insiders that own Culp stock include Franklin N Saxon, Fred A Jackson and Robert G Culp III. View Institutional Ownership Trends for Culp.

CULP stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Morgan Stanley, Keybank National Association OH, Northern Trust Corp, THB Asset Management and Charles Schwab Investment Management Inc.. View Insider Buying and Selling for Culp.

CULP stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Oxford Asset Management LLP, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Keeley Teton Advisors LLC, Martingale Asset Management L P, Wedge Capital Management L L P NC and Moors & Cabot Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of CULP stock can currently be purchased for approximately $18.38.

Culp has a market capitalization of $227.32 million and generates $323.73 million in revenue each year. The textile maker earns $20.87 million in net income (profit) each year or $1.49 on an earnings per share basis. Culp employs 1,392 workers across the globe.

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.