Culp, Inc. manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in North America, the Far East, Asia, and internationally. It operates in two segments, Mattress Fabrics and Upholstery Fabrics. The Mattress Fabrics segment offers woven jacquard, knitted, and converted fabrics for use in the production of bedding products, including mattresses, box springs, foundations, and top of bed components. The Upholstery Fabrics segment provides jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane fabrics for use in the production of residential and commercial upholstered furniture, such as sofas, recliners, chairs, loveseats, sectionals, and sofa-beds, as well as office seating and window treatment products; and installation services. Culp, Inc. was founded in 1972 and is headquartered in High Point, North Carolina.
Industry, Sector and Symbol
Industry Broadwoven fabric mills, cotton
Sub-IndustryTextiles
SectorConsumer Discretionary
Phone336-889-5161
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$323.73 million
Profitability
Miscellaneous
Employees1,392
OptionableOptionable
Culp (NYSE:CULP) Frequently Asked Questions
What is Culp's stock symbol?
Culp trades on the New York Stock Exchange (NYSE) under the ticker symbol "CULP."
How often does Culp pay dividends? What is the dividend yield for Culp?
Culp declared a quarterly dividend on Friday, November 30th. Stockholders of record on Wednesday, January 2nd will be paid a dividend of $0.10 per share on Wednesday, January 16th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Monday, December 31st. This is a boost from Culp's previous quarterly dividend of $0.09. View Culp's Dividend History.
How were Culp's earnings last quarter?
Culp, Inc. (NYSE:CULP) announced its quarterly earnings data on Thursday, November, 29th. The textile maker reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.01. The textile maker earned $77.01 million during the quarter, compared to the consensus estimate of $76.32 million. Culp had a return on equity of 9.42% and a net margin of 5.07%. View Culp's Earnings History.
When is Culp's next earnings date?
What guidance has Culp issued on next quarter's earnings?
Culp updated its earnings guidance on Thursday, November, 29th. The company provided earnings per share guidance of for the period. Culp also updated its Q3 2019 guidance to EPS.
What price target have analysts set for CULP?
1 brokers have issued 1-year price objectives for Culp's shares. Their forecasts range from $28.00 to $28.00. On average, they expect Culp's share price to reach $28.00 in the next year. This suggests a possible upside of 48.2% from the stock's current price. View Analyst Price Targets for Culp.
What is the consensus analysts' recommendation 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.
Has Culp been receiving favorable news coverage?
Media stories about CULP stock have been trending somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Culp earned a news sentiment score of 1.4 on InfoTrie's scale. They also assigned media coverage about the textile maker a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.
Who are some of Culp's key competitors?
Some companies that are related to Culp include The Providence Service (PRSC), GoPro (GPRO), Malibu Boats (MBUU), Funko (FNKO), Hailiang Education Group (HLG), Central European Media Enterprises (CETV), PlayAGS (AGS), SP Plus (SP), Manchester United (MANU), Care.com (CRCM), Monarch Casino & Resort (MCRI), Duluth (DLTH), Ehi Car Services (EHIC), Eros International (EROS) and Speedway Motorsports (TRK).
Who are Culp's key executives?
Culp's management team includes the folowing people:
- Mr. Franklin N. Saxon, Vice Chairman, Pres & CEO (Age 67)
- Mr. Kenneth R. Bowling, Sr. VP, CFO, Treasurer & Corp. Sec. (Age 57)
- Mr. Robert G. Culp IV, COO & Pres of Culp Home Fashions Division (Age 48)
- Mr. Boyd B. Chumbley, Pres of Culp Upholstery Fabrics Division (Age 62)
- Ms. Teresa A. Huffman MBA, SPHR, VP of HR
Who are Culp's major shareholders?
Culp's stock is owned by many different of institutional and retail investors. Top institutional investors include Standard Life Aberdeen plc (11.58%), Victory Capital Management Inc. (11.17%), BlackRock Inc. (6.42%), Dimensional Fund Advisors LP (6.25%), Thomson Horstmann & Bryant Inc. (2.06%) and Northern Trust Corp (1.15%). Company insiders that own Culp stock include Boyd Brooks Chumbley, Franklin N Saxon, Fred A Jackson, Patrick B Flavin and Robert G Culp III. 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 Victory Capital Management Inc., Confluence Investment Management LLC, BlackRock Inc., Standard Life Aberdeen plc, Bank of America Corp DE, Keeley Teton Advisors LLC, Keybank National Association OH and MetLife Investment Advisors LLC. View Insider Buying and Selling for Culp.
Which institutional investors are buying Culp stock?
CULP stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Isthmus Partners LLC, Bank of New York Mellon Corp, Geode Capital Management LLC, Two Sigma Investments LP, Rhumbline Advisers, Bessemer Group Inc. and Thomson Horstmann & Bryant Inc.. View Insider Buying and Selling for Culp.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Culp's stock price today?
One share of CULP stock can currently be purchased for approximately $18.89.
How big of a company is Culp?
Culp has a market capitalization of $235.97 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.
What is Culp's official website?
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.
MarketBeat Community Rating for Culp (NYSE CULP)
MarketBeat's community ratings are surveys of what our community members think about Culp and other stocks. Vote "Outperform" if you believe CULP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CULP will underperform the S&P 500 over the long term. You may vote once every thirty days.
