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. Shareholders 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 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date of this dividend is Tuesday, January 7th. This is a boost from Culp's previous quarterly dividend of $0.10. View Culp's Dividend History.

Culp, Inc. (NYSE:CULP) announced its earnings results on Thursday, September, 5th. The textile maker reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by $0.04. The textile maker had revenue of $74.85 million for the quarter, compared to analysts' expectations of $73.23 million. Culp had a net margin of 1.83% and a return on equity of 3.38%. 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 Wall Street analysts have issued 1-year target prices for Culp's shares. Their forecasts range from $18.00 to $18.00. On average, they anticipate Culp's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 32.1% 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.

Headlines about CULP stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Culp earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave news coverage about the textile maker a news buzz of 10.0 out of 10, meaning that recent media 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 drop in short interest during the month of December. As of December 31st, there was short interest totalling 16,100 shares, a drop of 49.5% from the December 15th total of 31,900 shares. Based on an average daily trading volume, of 38,000 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company's stock 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), American Outdoor Brands (AOBC), Golden Entertainment (GDEN), AO World (AOWDF), Care.com (CRCM), Marine Products (MPX), Tribune Publishing (TPCO), Eros International (EROS), PCM (PCMI), American Public Education (APEI) and Vista Outdoor (VSTO).

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 many different 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 $13.63.

Culp has a market capitalization of $169.18 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.