NYSE:WWW Wolverine World Wide - WWW Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $15.97 -0.10 (-0.62%) (As of 03/27/2023 12:21 PM ET) Add Compare Share Share Today's Range$15.88▼$16.3050-Day Range$13.39▼$16.9752-Week Range$9.60▼$24.10Volume288,836 shsAverage Volume1.48 million shsMarket Capitalization$1.27 billionP/E RatioN/ADividend Yield2.50%Price Target$17.14 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Wolverine World Wide MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside7.7% Upside$17.14 Price TargetShort InterestBearish6.30% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-3.21Upright™ Environmental ScoreNews Sentiment0.14Based on 6 Articles This WeekInsider TradingAcquiring Shares$161,300 Bought Last QuarterProj. Earnings Growth45.10%From $1.53 to $2.22 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.1.81 out of 5 starsConsumer Discretionary Sector214th out of 261 stocksFootwear, Except Rubber Industry5th out of 5 stocks 1.2 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 $17.14, Wolverine World Wide has a forecasted upside of 7.7% from its current price of $15.91.Amount of Analyst CoverageWolverine World Wide has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.30% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Wolverine World Wide has recently increased by 2.77%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldWolverine World Wide pays a meaningful dividend of 2.49%, 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 18.02% 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 2.3 News and Social Media Coverage News SentimentWolverine World Wide has a news sentiment score of 0.14. 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 6 news articles for Wolverine World Wide this week, compared to 4 articles on an average week.Search Interest20 people have searched for WWW on MarketBeat in the last 30 days. This is an increase of 54% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Wolverine World Wide to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Wolverine World Wide insiders have bought more of their company's stock than they have sold. Specifically, they have bought $161,300.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.73% 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 45.10% in the coming year, from $1.53 to $2.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wolverine World Wide is -6.47, 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 -6.47, 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 3.70. 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 HeadlinesMarch 20, 2023 | marketbeat.comFoot Locker: Slow And Steady Wins The Race (WWW)Footlocker moves up on solid results and plans to reset the business. Earnings will be tepid in 2023 but growth should resume in 2024.March 24, 2023 | finance.yahoo.comWolverine (WWW) Rides High on Growth Strategies: Apt to HoldMarch 27, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 24, 2023 | finance.yahoo.comWolverine (WWW) Down 5.9% Since Last Earnings Report: Can It Rebound?March 21, 2023 | msn.comDualSense vs Razer Wolverine V2 Pro: which PS5 controller is right for you?March 21, 2023 | msn.comState rejects company's plan to clean up PFAS from Rogue RiverMarch 20, 2023 | msn.comEGLE: Wolverine Worldwide must beef up cleanup planMarch 17, 2023 | marketwatch.comWolverine World Wide Chairman Blake Krueger to Retire in MayMarch 27, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 17, 2023 | markets.businessinsider.comWolverine World Wide Appoints Tom Long To Succeed Blake Krueger As ChairmanMarch 17, 2023 | finance.yahoo.comWolverine Worldwide Announces New Board Chairman and DirectorsMarch 17, 2023 | americanbankingnews.comWolverine World Wide (NYSE:WWW) Coverage Initiated by Analysts at StockNews.comMarch 17, 2023 | americanbankingnews.comWolverine World Wide (NYSE:WWW) Raised to Buy at Seaport Res PtnMarch 16, 2023 | msn.comRazer Wolverine V2 Pro vs Scuf Reflex Pro: which high-end pad comes out on top?March 16, 2023 | finance.yahoo.comMERRELL® ADDS TRAIL RUNNER REID BURROWS TO ELITE GLOBAL ATHLETE ROSTERMarch 15, 2023 | finance.yahoo.comWolverine and Halo Launch Spartan-Inspired Boot CollectionMarch 14, 2023 | marketwatch.comWolverine World Wide ($WWW) Trading ReportMarch 14, 2023 | msn.comSeaport Global Upgrades Wolverine World Wide (WWW)March 14, 2023 | finance.yahoo.comZacks Industry Outlook Highlights NIKE, Deckers Outdoor, Skechers and Wolverine World WideMarch 13, 2023 | markets.businessinsider.comAnalyst Expectations for Wolverine World Wide's FutureMarch 13, 2023 | finance.yahoo.com4 Shoes & Retail Apparel Stocks to Watch Amid Wavering Industry TrendsMarch 2, 2023 | msn.comTaron Egerton Is Too Old to Play the Marvel Hero He Wants (It's Not Wolverine)March 2, 2023 | finance.yahoo.comNicholas Long Is The Lead Independent Director of Wolverine World Wide, Inc. (NYSE:WWW) And They Just Picked Up 61% More SharesMarch 1, 2023 | msn.comInsiders Buying Wolverine World Wide And 2 Other StocksFebruary 28, 2023 | finance.yahoo.comMERRELL® VOTED FOOTWEAR PLUS AWARD OUTDOOR WINNER FOR THE 14TH TIMEFebruary 24, 2023 | seekingalpha.comWolverine World Wide, Inc. (WWW) Q4 2022 Earnings Call TranscriptFebruary 24, 2023 | nasdaq.comWolverine World Wide (WWW) Reports Q4 Loss, Lags Revenue EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Ex-Dividend for 2/1 Dividend12/29/2022Dividend Payable2/01/2023Last Earnings2/22/2023Today3/27/2023Ex-Dividend for 5/1 Dividend3/31/2023Dividend Payable5/01/2023Next Earnings (Estimated)5/10/2023Fiscal 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$17.14 High Stock Price Forecast$29.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+7.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($2.46) Trailing P/E RatioN/A Forward P/E Ratio10.45 P/E GrowthN/ANet Income$-188,300,000.00 Net Margins-7.01% Pretax Margin-9.42% Return on Equity19.99% Return on Assets4.03% Debt Debt-to-Equity Ratio2.13 Current Ratio1.14 Quick Ratio0.47 Sales & Book Value Annual Sales$2.68 billion Price / Sales0.47 Cash Flow$1.86 per share Price / Cash Flow8.58 Book Value$4.30 per share Price / Book3.72Miscellaneous Outstanding Shares79,420,000Free Float75,664,000Market Cap$1.27 billion OptionableOptionable Beta1.65 Key ExecutivesBrendan L. HoffmanPresident, Chief Executive Officer & DirectorJames David ZwiersGroup President-Global OperationsMichael D. StornantChief Financial Officer, Treasurer & Senior VPAngelo NgChief Merchant Officer & Senior Vice PresidentDee SlaterChief Investment Officer & SVP-Central ServicesKey CompetitorsSteven MaddenNASDAQ:SHOOCaleresNYSE:CALLa-Z-BoyNYSE:LZBXponential FitnessNYSE:XPOFPactiv EvergreenNASDAQ:PTVEView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 3,614 shares on 3/23/2023Ownership: 0.051%Voya Investment Management LLCSold 158,092 shares on 2/28/2023Ownership: 0.498%Parallax Volatility Advisers L.P.Bought 82,976 shares on 2/27/2023Ownership: 0.105%Nicholas T LongBought 10,000 shares on 2/24/2023Total: $161,300.00 ($16.13/share)Alliancebernstein L.P.Bought 2,672 shares on 2/16/2023Ownership: 0.145%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 equities research 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 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? 9 analysts have issued 1-year price targets for Wolverine World Wide's shares. Their WWW share price forecasts range from $12.00 to $29.00. On average, they predict the company's share price to reach $17.14 in the next twelve months. This suggests a possible upside of 7.2% 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 start of the year. Since then, WWW stock has increased by 46.3% and is now trading at $15.99. 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 February. As of February 15th, there was short interest totaling 4,860,000 shares, an increase of 22.7% from the January 31st total of 3,960,000 shares. Based on an average daily trading volume, of 1,560,000 shares, the short-interest ratio is currently 3.1 days. Currently, 6.4% of the shares of the company 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, May 10th 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 Wednesday, February, 22nd. The textile maker reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by $0.01. The textile maker earned $665 million during the quarter, compared to analysts' expectations of $665.04 million. Wolverine World Wide had a negative net margin of 7.01% and a positive trailing twelve-month return on equity of 19.99%. The business's quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.41 earnings per share. 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, February 8th. Investors of record on Monday, April 3rd will be given a dividend of $0.10 per share on Monday, May 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend is Friday, March 31st. 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), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Small Cap US Equity Select ETF (RNSC) and First Trust Small Cap Core AlphaDEX Fund (FYX). 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 2.49%. Read our dividend analysis for WWW. What guidance has Wolverine World Wide issued on next quarter's earnings? Wolverine World Wide updated its FY23 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share (EPS) guidance of $1.40-1.60 for the period, compared to the consensus earnings per share estimate of $1.61. The company issued revenue guidance of $2.53-2.58 billion, compared to the consensus revenue estimate of $2.72 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), Conduent (CNDT), 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 many different institutional and retail investors. Top institutional shareholders include Earnest Partners LLC (8.19%), Morgan Stanley (3.87%), Bank of America Corp DE (3.69%), Diamond Hill Capital Management Inc. (2.44%), Dimensional Fund Advisors LP (2.34%) and Geode Capital Management LLC (1.76%). 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 $15.99. How much money does Wolverine World Wide make? Wolverine World Wide (NYSE:WWW) has a market capitalization of $1.27 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 ($2.46) 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 3/27/2023 by MarketBeat.com Staff 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. 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