NYSE:WWW Wolverine World Wide (WWW) Stock Forecast, Price & News $14.42 +0.73 (+5.33%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$13.65▼$14.6050-Day Range$13.14▼$17.3652-Week Range$9.60▼$24.08Volume833,495 shsAverage Volume1.26 million shsMarket Capitalization$1.15 billionP/E RatioN/ADividend Yield2.77%Price Target$16.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Wolverine World Wide MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside11.0% Upside$16.00 Price TargetShort InterestHealthy6.47% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-3.21Upright™ Environmental ScoreNews Sentiment0.40Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth51.68%From $1.49 to $2.26 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.06 out of 5 starsConsumer Discretionary Sector161st out of 262 stocksFootwear, Except Rubber Industry5th out of 5 stocks 2.2 Analyst's Opinion Consensus RatingWolverine World Wide has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.00, Wolverine World Wide has a forecasted upside of 11.0% from its current price of $14.42.Amount of Analyst CoverageWolverine World Wide has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.47% of the float of Wolverine World Wide has been sold short.Short Interest Ratio / Days to CoverWolverine World Wide has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Wolverine World Wide has recently decreased by 9.80%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldWolverine World Wide pays a meaningful dividend of 2.83%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWolverine World Wide does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Wolverine World Wide will have a dividend payout ratio of 17.70% next year. This indicates that Wolverine World Wide will be able to sustain or increase its dividend. Previous Next 1.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWolverine World Wide has received a -23.02% net impact score from Upright. The largest negative impact of Wolverine World Wide in category "GHG emissions" seems to be driven mostly by its "Footwear for babies and children", "Sneakers made of virgin materials", "Hiking boots", "Winter boots", "Synthetic fibre jackets and coats", and "Nylon boots" products. See details.Environmental SustainabilityThe Environmental Impact score for Wolverine World Wide is -3.21. Previous Next 2.4 News and Social Media Coverage News SentimentWolverine World Wide has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Wolverine World Wide this week, compared to 6 articles on an average week.Search InterestOnly 1 people have searched for WWW on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows4 people have added Wolverine World Wide to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Wolverine World Wide insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.95% of the stock of Wolverine World Wide is held by insiders.Percentage Held by Institutions97.08% of the stock of Wolverine World Wide is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Wolverine World Wide are expected to grow by 51.68% in the coming year, from $1.49 to $2.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wolverine World Wide is -6.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Wolverine World Wide is -6.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioWolverine World Wide has a P/B Ratio of 3.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Wolverine World Wide (NYSE:WWW) StockWolverine World Wide, Inc. engages in the design, manufacture, and sale of branded casual, active lifestyle, work, outdoor sport, athletic, uniform, footwear, and apparel. It operates through the following segments: Wolverine Michigan Group and Wolverine Boston Group. The Wolverine Michigan Group consists of Merrell, Cat, Chaco, Hush Puppies, Bates uniform, Harley-Davidson and Hytest safety footwear and apparel. The Wolverine Boston Group consists of Sperry, Saucony , Keds, and the Kids footwear business, which includes the Stride Rite licensed business, as well as kids' footwear offerings from Saucony, Sperry, Keds, Merrell, Hush Puppies, and Cat. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.Read More Receive WWW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wolverine World Wide and its competitors with MarketBeat's FREE daily newsletter. Email Address WWW Stock News HeadlinesJune 5, 2023 | msn.comRare wolverine spotted, only second seen in Calif. in 100 yearsJune 4, 2023 | msn.comRare wolverine spotted: Only the second in California in 100 yearsJune 6, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 31, 2023 | finance.yahoo.comWolverine Worldwide Announces New Leadership Appointments to Drive Future GrowthMay 30, 2023 | americanbankingnews.comEquities Analysts Issue Forecasts for Wolverine World Wide, Inc.'s Q2 2023 Earnings (NYSE:WWW)May 28, 2023 | americanbankingnews.comWolverine World Wide, Inc. (NYSE:WWW) to Post Q3 2023 Earnings of $0.70 Per Share, Zacks Research ForecastsMay 24, 2023 | markets.businessinsider.comStifel Nicolaus Remains a Hold on Wolverine World Wide (WWW)May 20, 2023 | finance.yahoo.comWolverine World Wide (NYSE:WWW) Is Paying Out A Dividend Of $0.10June 6, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 17, 2023 | seekingalpha.comWolverine World Wide: Macro Factors Give Me PauseMay 17, 2023 | americanbankingnews.comWolverine World Wide, Inc. (NYSE:WWW) Given Average Rating of "Hold" by BrokeragesMay 17, 2023 | americanbankingnews.comBrokers Offer Predictions for Wolverine World Wide, Inc.'s Q2 2023 Earnings (NYSE:WWW)May 16, 2023 | americanbankingnews.comWolverine World Wide, Inc. to Post Q2 2023 Earnings of $0.20 Per Share, Seaport Res Ptn Forecasts (NYSE:WWW)May 15, 2023 | americanbankingnews.comWolverine World Wide (NYSE:WWW) PT Raised to $18.00 at Stifel NicolausMay 14, 2023 | americanbankingnews.comWolverine World Wide (NYSE:WWW) Raised to Hold at StockNews.comMay 14, 2023 | americanbankingnews.comWolverine World Wide, Inc. (NYSE:WWW) to Post Q3 2023 Earnings of $0.70 Per Share, Seaport Res Ptn ForecastsMay 13, 2023 | americanbankingnews.comTelsey Advisory Group Comments on Wolverine World Wide, Inc.'s Q4 2023 Earnings (NYSE:WWW)May 12, 2023 | americanbankingnews.comWolverine World Wide (NYSE:WWW) Price Target Raised to $15.00 at Robert W. BairdMay 12, 2023 | msn.comStifel Maintains Wolverine World Wide (WWW) Buy RecommendationMay 11, 2023 | msn.comWolverine World Wide: Shares Soar On Performance And Optimism Of A SaleMay 11, 2023 | finance.yahoo.comSaucony and Galen College of Nursing Launch the First-Ever NIL Student Nurse Initiative in Recognition of National Student Nurse DayMay 11, 2023 | news.yahoo.comWolverine Explores Sale of Sperry BrandMay 11, 2023 | finance.yahoo.comWolverine World Wide First Quarter 2023 Earnings: Beats ExpectationsMay 11, 2023 | marketwatch.comLearn to Evaluate Wolverine World Wide ($WWW) using the ChartsMay 10, 2023 | benzinga.comWolverine World Wide shares are trading higher after the company reported better-than-expected Q1 adjusted EPS and sales results.May 10, 2023 | marketwatch.comWolverine World Wide Lifts 1Q Profit Despite Lower SalesMay 10, 2023 | msn.comWolverine World Wide rallies after earnings topper, confirming plan to explore options for SperrySee More Headlines WWW Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WWW Company Calendar Last Earnings2/22/2023Ex-Dividend for 5/1 Dividend3/31/2023Dividend Payable5/01/2023Today6/06/2023Ex-Dividend for 8/1 Dividend6/30/2023Dividend Payable8/01/2023Next Earnings (Estimated)8/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Footwear, except rubber Sub-IndustryFootwear SectorConsumer Discretionary Current SymbolNYSE:WWW CUSIP97809710 CIK110471 Webwww.wolverineworldwide.com Phone(616) 866-5500Fax616-866-5550Employees4,300Year FoundedN/APrice Target and Rating Average Stock Price Forecast$16.00 High Stock Price Forecast$24.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+11.0%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($2.35) Trailing P/E RatioN/A Forward P/E Ratio9.68 P/E GrowthN/ANet Income$-188,300,000.00 Net Margins-6.71% Pretax Margin-8.86% Return on Equity17.61% Return on Assets3.23% Debt Debt-to-Equity Ratio2.09 Current Ratio1.16 Quick Ratio0.46 Sales & Book Value Annual Sales$2.68 billion Price / Sales0.43 Cash Flow$1.91 per share Price / Cash Flow7.54 Book Value$4.30 per share Price / Book3.35Miscellaneous Outstanding Shares79,430,000Free Float75,501,000Market Cap$1.15 billion OptionableOptionable Beta1.66 Key ExecutivesBrendan L. HoffmanPresident, Chief Executive Officer & DirectorJames David ZwiersGroup President-Global OperationsMichael D. StornantChief Financial Officer, Treasurer & Executive VPAngelo NgChief Merchant Officer & Senior Vice PresidentDee SlaterChief Investment Officer & SVP-Central ServicesKey CompetitorsSteven MaddenNASDAQ:SHOOCaleresNYSE:CALAfyaNASDAQ:AFYAMalibu BoatsNASDAQ:MBUUGuess'NYSE:GESView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 997 shares on 5/26/2023Ownership: 0.014%Ameriprise Financial Inc.Sold 6,432 shares on 5/22/2023Ownership: 0.384%JPMorgan Chase & Co.Bought 73,992 shares on 5/18/2023Ownership: 0.404%Thrivent Financial for LutheransSold 2,736 shares on 5/17/2023Ownership: 0.098%Select Equity Group L.P.Bought 908 shares on 5/16/2023Ownership: 0.078%View All Insider TransactionsView All Institutional Transactions WWW Stock - Frequently Asked Questions Should I buy or sell Wolverine World Wide stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last twelve months. There are currently 6 hold ratings and 3 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? 9 brokers have issued twelve-month target prices for Wolverine World Wide's stock. Their WWW share price forecasts range from $13.00 to $24.00. On average, they anticipate the company's share price to reach $16.00 in the next year. This suggests a possible upside of 11.0% 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 stock has increased by 31.9% and is now trading at $14.42. View the best growth stocks for 2023 here. Are investors shorting Wolverine World Wide? Wolverine World Wide saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 5,510,000 shares, an increase of 12.4% from the April 15th total of 4,900,000 shares. Based on an average daily volume of 1,230,000 shares, the short-interest ratio is presently 4.5 days. Approximately 7.2% of the shares of the company 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, August 9th 2023. View our WWW earnings forecast. How were Wolverine World Wide's earnings last quarter? Wolverine World Wide, Inc. (NYSE:WWW) issued its quarterly earnings data on Wednesday, February, 22nd. The textile maker reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by $0.01. The textile maker had revenue of $665 million for the quarter, compared to the consensus estimate of $665.04 million. Wolverine World Wide had a positive trailing twelve-month return on equity of 17.61% and a negative net margin of 6.71%. The firm's revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 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 Tuesday, May 2nd. Stockholders of record on Monday, July 3rd will be given a dividend of $0.10 per share on Tuesday, August 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Friday, June 30th. Read our dividend analysis for WWW. What ETFs hold Wolverine World Wide's stock? ETFs with the largest weight of Wolverine World Wide (NYSE:WWW) stock in their portfolio include Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), First Trust Small Cap Value AlphaDEX Fund (FYT), Cultivar ETF (CVAR), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Small Cap US Equity Select ETF (RNSC), 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 2.83%. Read our dividend analysis for WWW. What guidance has Wolverine World Wide issued on next quarter's earnings? Wolverine World Wide updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of $1.40-$1.60 for the period, compared to the consensus estimate of $1.46. The company issued revenue guidance of $2.53 billion-$2.58 billion, compared to the consensus revenue estimate of $2.55 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (15.36%), FMR LLC (12.17%), State Street Corp (3.71%), Dimensional Fund Advisors LP (2.59%), Arrowstreet Capital Limited Partnership (2.11%) and Diamond Hill Capital Management Inc. (1.93%). 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 $14.42. How much money does Wolverine World Wide make? Wolverine World Wide (NYSE:WWW) has a market capitalization of $1.15 billion and generates $2.68 billion in revenue each year. The textile maker earns $-188,300,000.00 in net income (profit) each year or ($2.35) 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 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Wolverine World Wide, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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