QQQ   355.04 (+0.23%)
AAPL   170.43 (-0.89%)
MSFT   312.79 (+0.21%)
META   297.74 (-0.41%)
GOOGL   130.54 (+1.53%)
AMZN   125.98 (+0.00%)
TSLA   240.50 (-1.48%)
NVDA   424.68 (+1.33%)
NIO   8.47 (+0.71%)
BABA   86.19 (+0.33%)
AMD   98.07 (+2.20%)
T   14.88 (-0.93%)
F   12.39 (-0.32%)
MU   68.21 (+0.40%)
CGC   0.89 (-3.26%)
GE   110.85 (+0.84%)
DIS   79.89 (-0.20%)
AMC   7.57 (-4.30%)
PFE   32.11 (-0.93%)
PYPL   57.34 (-2.70%)
NFLX   377.59 (-0.44%)
QQQ   355.04 (+0.23%)
AAPL   170.43 (-0.89%)
MSFT   312.79 (+0.21%)
META   297.74 (-0.41%)
GOOGL   130.54 (+1.53%)
AMZN   125.98 (+0.00%)
TSLA   240.50 (-1.48%)
NVDA   424.68 (+1.33%)
NIO   8.47 (+0.71%)
BABA   86.19 (+0.33%)
AMD   98.07 (+2.20%)
T   14.88 (-0.93%)
F   12.39 (-0.32%)
MU   68.21 (+0.40%)
CGC   0.89 (-3.26%)
GE   110.85 (+0.84%)
DIS   79.89 (-0.20%)
AMC   7.57 (-4.30%)
PFE   32.11 (-0.93%)
PYPL   57.34 (-2.70%)
NFLX   377.59 (-0.44%)
QQQ   355.04 (+0.23%)
AAPL   170.43 (-0.89%)
MSFT   312.79 (+0.21%)
META   297.74 (-0.41%)
GOOGL   130.54 (+1.53%)
AMZN   125.98 (+0.00%)
TSLA   240.50 (-1.48%)
NVDA   424.68 (+1.33%)
NIO   8.47 (+0.71%)
BABA   86.19 (+0.33%)
AMD   98.07 (+2.20%)
T   14.88 (-0.93%)
F   12.39 (-0.32%)
MU   68.21 (+0.40%)
CGC   0.89 (-3.26%)
GE   110.85 (+0.84%)
DIS   79.89 (-0.20%)
AMC   7.57 (-4.30%)
PFE   32.11 (-0.93%)
PYPL   57.34 (-2.70%)
NFLX   377.59 (-0.44%)
QQQ   355.04 (+0.23%)
AAPL   170.43 (-0.89%)
MSFT   312.79 (+0.21%)
META   297.74 (-0.41%)
GOOGL   130.54 (+1.53%)
AMZN   125.98 (+0.00%)
TSLA   240.50 (-1.48%)
NVDA   424.68 (+1.33%)
NIO   8.47 (+0.71%)
BABA   86.19 (+0.33%)
AMD   98.07 (+2.20%)
T   14.88 (-0.93%)
F   12.39 (-0.32%)
MU   68.21 (+0.40%)
CGC   0.89 (-3.26%)
GE   110.85 (+0.84%)
DIS   79.89 (-0.20%)
AMC   7.57 (-4.30%)
PFE   32.11 (-0.93%)
PYPL   57.34 (-2.70%)
NFLX   377.59 (-0.44%)
NYSE:WWW

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

$7.80
-0.26 (-3.23%)
(As of 09/27/2023 ET)
Compare
Today's Range
$7.77
$8.18
50-Day Range
$7.80
$12.78
52-Week Range
$7.77
$18.41
Volume
1.01 million shs
Average Volume
1.18 million shs
Market Capitalization
$620.22 million
P/E Ratio
N/A
Dividend Yield
5.13%
Price Target
$11.89

Wolverine World Wide MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
52.4% Upside
$11.89 Price Target
Short Interest
Healthy
5.80% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.21
Upright™ Environmental Score
News Sentiment
0.00mentions of Wolverine World Wide in the last 14 days
Based on 3 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.

2.70 out of 5 stars

Consumer Discretionary Sector

62nd out of 276 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

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
5 Analysts Have This to Say About Wolverine World Wide
Why Wolverine World Wide Stock Is Tumbling Today
See More Headlines
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.

WWW Company Calendar

Ex-Dividend for 8/1 Dividend
6/30/2023
Dividend Payable
8/01/2023
Last Earnings
8/10/2023
Today
9/27/2023
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
+51.8%
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
$1.72 per share
Book Value
$4.30 per share

Miscellaneous

Free Float
75,579,000
Market Cap
$622.56 million
Optionable
Optionable
Beta
1.69
7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

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 equities research 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 equities research 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 brokers have issued 1-year price objectives for Wolverine World Wide's stock. Their WWW share price forecasts range from $9.00 to $15.00. On average, they predict the company's share price to reach $11.89 in the next twelve months. This suggests a possible upside of 51.8% 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 on January 1st, 2023. Since then, WWW stock has decreased by 28.4% and is now trading at $7.83.
View the best growth stocks for 2023 here
.

Are investors shorting Wolverine World Wide?

Wolverine World Wide saw a increase in short interest in the month of 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 daily volume of 1,080,000 shares, the days-to-cover ratio is currently 4.4 days. Currently, 6.2% of the shares of the stock are sold short.
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) issued its quarterly earnings results on Thursday, August, 10th. The textile maker reported $0.19 earnings per share for the quarter, hitting analysts' consensus estimates of $0.19. The textile maker had revenue of $589.10 million for the quarter, compared to analyst estimates 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%. Wolverine World Wide's revenue for the quarter was down 17.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.66 EPS.

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

Wolverine World Wide declared a quarterly dividend on Wednesday, August 2nd. Stockholders 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 yield of 5.11%. 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 4.71%. 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 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 institutional and retail investors. Top institutional investors 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 $7.83.

How much money does Wolverine World Wide make?

Wolverine World Wide (NYSE:WWW) has a market capitalization of $622.56 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 9/27/2023 by MarketBeat.com Staff

My Account -