Culp Stock Forecast, Price & News

Culp (NYSE:CULP) Frequently Asked Questions

How has Culp's stock price been impacted by Coronavirus?

Culp's stock was trading at $8.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CULP shares have increased by 10.0% and is now trading at $8.83.
View which stocks have been most impacted by COVID-19.

Are investors shorting Culp?

Culp saw a decrease in short interest in December. As of December 31st, there was short interest totaling 19,900 shares, a decrease of 44.3% from the December 15th total of 35,700 shares. Based on an average daily volume of 35,800 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% 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, March 2nd 2022.
View our earnings forecast for Culp.

How were Culp's earnings last quarter?

Culp, Inc. (NYSE:CULP) announced its quarterly earnings results on Wednesday, December, 1st. The textile maker reported $0.07 earnings per share for the quarter, hitting analysts' consensus estimates of $0.07. The textile maker earned $74.56 million during the quarter, compared to the consensus estimate of $73.76 million. Culp had a trailing twelve-month return on equity of 5.12% and a net margin of 2.11%. During the same quarter in the prior year, the firm posted $0.19 earnings per share.
View Culp's earnings history.

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

Culp announced a quarterly dividend on Wednesday, December 1st. Stockholders of record on Tuesday, January 11th will be paid a dividend of $0.115 per share on Wednesday, January 19th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date of this dividend is Monday, January 10th. This is a boost from Culp's previous quarterly dividend of $0.11.
View Culp's dividend history.

Is Culp a good dividend stock?

Culp pays an annual dividend of $0.46 per share and currently has a dividend yield of 5.28%. 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 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Culp is 85.19%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Culp will have a dividend payout ratio of 56.10% next year. This indicates that Culp will be able to sustain or increase its dividend.
View Culp's dividend history.

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

Who are some of Culp's key competitors?

Some companies that are related to Culp include Reservoir Media (RSVR), American Public Education (APEI), Casa Systems (CASA), Marine Products (MPX), Alto Ingredients (ALTO), Kimball International (KBAL), DPCM Capital (XPOA), Superior Group of Companies (SGC), Lifetime Brands (LCUT), Audacy (AUD), Target Hospitality (TH), Vitru (VTRU), Century Casinos (CNTY), Rocky Brands (RCKY) and Barnes & Noble Education (BNED).
View all of CULP's competitors.

What other stocks do shareholders of Culp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Culp investors own include AT&T (T), Gilead Sciences (GILD), International Business Machines (IBM), Pfizer (PFE), Philip Morris International (PM), Verizon Communications (VZ), Walgreens Boots Alliance (WBA), WestRock (WRK), AbbVie (ABBV) and Carnival Co. & (CCL).

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 investors include Russell Investments Group Ltd. (2.85%). Company insiders that own Culp stock include Franklin N Saxon, Fred A Jackson, Kenneth W Mcallister, Robert George Iv Culp and Sharon A Decker.
View institutional ownership trends for Culp.

Which major investors are selling Culp stock?

CULP stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. 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.

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 $8.83.

How much money does Culp make?

Culp has a market capitalization of $107.81 million and generates $299.72 million in revenue each year. The textile maker earns $3.22 million in net income (profit) each year or $0.54 on an earnings per share basis.

How many employees does Culp have?

Culp employs 1,399 workers across the globe.

What is Culp's official website?

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

Where are Culp's headquarters?

Culp is headquartered at 1823 EASTCHESTER DRIVE, HIGH POINT NC, 27265.

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.