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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Options Trading Plan–Perfect For Beginners (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NYSE:WWW

Wolverine World Wide (WWW) Stock Forecast, Price & News

$8.26
-0.04 (-0.48%)
(As of 09/22/2023 ET)
Compare
Today's Range
$8.25
$8.49
50-Day Range
$7.93
$13.07
52-Week Range
$7.90
$18.41
Volume
877,366 shs
Average Volume
1.19 million shs
Market Capitalization
$656.75 million
P/E Ratio
N/A
Dividend Yield
4.84%
Price Target
$11.89

Wolverine World Wide MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
43.9% Upside
$11.89 Price Target
Short Interest
Bearish
6.24% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.21
Upright™ Environmental Score
News Sentiment
0.12mentions of Wolverine World Wide in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$29,225 Bought Last Quarter
Proj. Earnings Growth
208.33%
From $0.48 to $1.48 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.62 out of 5 stars

Consumer Discretionary Sector

74th out of 271 stocks

Footwear, Except Rubber Industry

3rd out of 5 stocks


WWW stock logo

About Wolverine World Wide (NYSE:WWW) Stock

Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through Active Group, Work Group, Lifestyle Group segments. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots. The company sources and markets a range of footwear and apparel styles, including shoes, boots and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Merrell, Saucony, Sperry, Sweaty Betty, and Wolverine brands; and licenses under the Stride Rite brand. It also markets Merrell and Wolverine branded apparel and accessories, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; and Wolverine branded eyewear and gloves. In addition, the company markets pigskin leather under the Wolverine Leather division; sourcing division provides consulting services related to product development, production control, quality assurance, materials procurement, compliance, and other service; and multi-brand direct-to-consumer division includes retail stores that sell footwear and apparel of its brand portfolio. Further, it sells its products to department stores, national chains, catalog and specialty retailers, independent retailers, uniform outlets, and mass merchant and government customers through retail stores, third-party licensees and distributors, and joint ventures; and operates brick and mortar retails stores, and e-commerce sites. Additionally, the company operates through a network of retail stores and consumer-direct e-commerce sites. Wolverine World Wide, Inc. was founded in 1883 and is headquartered in Rockford, Michigan.

WWW Price History

WWW Stock News Headlines

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"This Could be the Biggest Stock Story of 2023"
A.I. is set to create $7 trillion in new wealth but most investors are buying the wrong stocks. Learn what Wall Street insiders are buying here.
5 Analysts Have This to Say About Wolverine World Wide
Why Wolverine World Wide Stock Is Tumbling Today
See More Headlines
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WWW Company Calendar

Ex-Dividend for 8/1 Dividend
6/30/2023
Dividend Payable
8/01/2023
Last Earnings
8/10/2023
Today
9/24/2023
Ex-Dividend for 11/1 Dividend
9/29/2023
Dividend Payable
11/01/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
CUSIP
97809710
Employees
4,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$11.89
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+43.9%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
10 Analysts

Profitability

Net Income
$-188,300,000.00
Pretax Margin
-14.28%

Debt

Sales & Book Value

Annual Sales
$2.68 billion
Cash Flow
$1.87 per share
Book Value
$4.30 per share

Miscellaneous

Free Float
75,754,000
Market Cap
$656.75 million
Optionable
Optionable
Beta
1.69
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Key Executives

  • Mr. Christopher E. HufnagelMr. Christopher E. Hufnagel (Age 51)
    CEO, Pres & Director
    Comp: $746.94k
  • Mr. Michael David StornantMr. Michael David Stornant (Age 56)
    Exec. VP, CFO, Chief Accounting Officer & Treasurer
    Comp: $773.17k
  • Mr. James D. ZwiersMr. James D. Zwiers (Age 55)
    Exec. VP & Pres of Global Operations Group and International Group
    Comp: $797.33k
  • Ms. Isabel Soriano (Age 52)
    Pres of International
    Comp: $1.74M
  • Mr. Michael W. Harris CPA
    VP of Corp. Fin.
  • Mr. Reginald M. Rasch (Age 51)
    Sr. VP, Gen. Counsel & Sec.
  • Ms. Amy M. KlimekMs. Amy M. Klimek (Age 49)
    Exec. VP of Global HR
  • Mr. Thomas M. Kennedy (Age 61)
    Pres of the Work Group
  • Ms. Katherine Cousins
    Pres of the Lifestyle Group
  • Dee Slater
    CIO & Sr. VP of Central Services













WWW Stock - Frequently Asked Questions

Should I buy or sell Wolverine World Wide stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last twelve months. There are currently 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WWW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WWW, but not buy additional shares or sell existing shares.
View WWW analyst ratings
or view top-rated stocks.

What is Wolverine World Wide's stock price forecast for 2023?

10 equities research analysts have issued twelve-month price objectives for Wolverine World Wide's shares. Their WWW share price forecasts range from $9.00 to $15.00. On average, they expect the company's share price to reach $11.89 in the next twelve months. This suggests a possible upside of 43.9% from the stock's current price.
View analysts price targets for WWW
or view top-rated stocks among Wall Street analysts.

How have WWW shares performed in 2023?

Wolverine World Wide's stock was trading at $10.93 at the beginning of the year. Since then, WWW shares have decreased by 24.4% and is now trading at $8.26.
View the best growth stocks for 2023 here
.

Are investors shorting Wolverine World Wide?

Wolverine World Wide saw a increase in short interest in August. As of August 31st, there was short interest totaling 4,800,000 shares, an increase of 22.8% from the August 15th total of 3,910,000 shares. Based on an average trading volume of 1,080,000 shares, the days-to-cover ratio is presently 4.4 days. Currently, 6.2% of the company's stock are short sold.
View Wolverine World Wide's Short Interest
.

When is Wolverine World Wide's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our WWW earnings forecast
.

How were Wolverine World Wide's earnings last quarter?

Wolverine World Wide, Inc. (NYSE:WWW) released its earnings results on Thursday, August, 10th. The textile maker reported $0.19 earnings per share for the quarter, meeting analysts' consensus estimates of $0.19. The textile maker earned $589.10 million during the quarter, compared to analysts' expectations of $582.97 million. Wolverine World Wide had a negative net margin of 10.99% and a positive trailing twelve-month return on equity of 11.70%. The company's revenue for the quarter was down 17.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.66 EPS.

How often does Wolverine World Wide pay dividends? What is the dividend yield for Wolverine World Wide?

Wolverine World Wide announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Monday, October 2nd will be paid a dividend of $0.10 per share on Wednesday, November 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date is Friday, September 29th.
Read our dividend analysis for WWW
.

What ETF holds Wolverine World Wide's stock ?

Invesco S&P SmallCap 600 Pure Value ETF holds 190,600 shares of WWW stock, representing 0.93% of its portfolio.

Is Wolverine World Wide a good dividend stock?

Wolverine World Wide (NYSE:WWW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 4.84%. WWW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for WWW.

What guidance has Wolverine World Wide issued on next quarter's earnings?

Wolverine World Wide issued an update on its FY23 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $0.45-$0.55 for the period, compared to the consensus EPS estimate of $1.42. The company issued revenue guidance of $2.26-$2.28 billion, compared to the consensus revenue estimate of $2.51 billion.

What is Blake W. Krueger's approval rating as Wolverine World Wide's CEO?

183 employees have rated Wolverine World Wide Chief Executive Officer Blake W. Krueger on Glassdoor.com. Blake W. Krueger has an approval rating of 33% among the company's employees. This puts Blake W. Krueger in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 37.0% of employees surveyed would recommend working at Wolverine World Wide to a friend.

What other stocks do shareholders of Wolverine World Wide own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wolverine World Wide investors own include Wendy's (WEN), Walgreens Boots Alliance (WBA), Carnival Co. & (CCL), Xerox (XRX), Cheesecake Factory (CAKE), Fifth Third Bancorp (FITB), Andersons (ANDE), AON (AON) and General Electric (GE).

What is Wolverine World Wide's stock symbol?

Wolverine World Wide trades on the New York Stock Exchange (NYSE) under the ticker symbol "WWW."

Who are Wolverine World Wide's major shareholders?

Wolverine World Wide's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.44%), Earnest Partners LLC (6.93%), State Street Corp (3.72%), Dimensional Fund Advisors LP (2.38%), Geode Capital Management LLC (1.92%) and Vaughan Nelson Investment Management L.P. (1.90%). Insiders that own company stock include Amy M Klimek, Blake W Krueger, Brenda J Lauderback, Brendan Hoffman, Christopher Hufnagel, James D Zwiers, Jeffrey M Boromisa, Joelle Grunberg, Kyle Hanson, Michael A Volkema, Michael D Stornant, Michael Jeppesen, Nicholas T Long and William K Gerber.
View institutional ownership trends
.

How do I buy shares of Wolverine World Wide?

Shares of WWW stock 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 Wolverine World Wide's stock price today?

One share of WWW stock can currently be purchased for approximately $8.26.

How much money does Wolverine World Wide make?

Wolverine World Wide (NYSE:WWW) has a market capitalization of $656.75 million and generates $2.68 billion in revenue each year. The textile maker earns $-188,300,000.00 in net income (profit) each year or ($3.58) on an earnings per share basis.

How many employees does Wolverine World Wide have?

The company employs 4,300 workers across the globe.

How can I contact Wolverine World Wide?

Wolverine World Wide's mailing address is 9341 COURTLAND DRIVE N.E., ROCKFORD MI, 49351. The official website for the company is www.wolverineworldwide.com. The textile maker can be reached via phone at (616) 866-5500, via email at investor.relations@wwwinc.com, or via fax at 616-866-5550.

This page (NYSE:WWW) was last updated on 9/24/2023 by MarketBeat.com Staff

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