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S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
"The Bull Market Is Officially OVER"  (Ad)pixel
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Moldova signs new energy deal that could ease blackout risk
"The Bull Market Is Officially OVER"  (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC+ oil producers face uncertainty over Russian sanctions
"The Bull Market Is Officially OVER"  (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
"The Bull Market Is Officially OVER"  (Ad)pixel
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Moldova signs new energy deal that could ease blackout risk
"The Bull Market Is Officially OVER"  (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC+ oil producers face uncertainty over Russian sanctions
"The Bull Market Is Officially OVER"  (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
"The Bull Market Is Officially OVER"  (Ad)pixel
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Moldova signs new energy deal that could ease blackout risk
"The Bull Market Is Officially OVER"  (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC+ oil producers face uncertainty over Russian sanctions
"The Bull Market Is Officially OVER"  (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
NYSE:WWW

Wolverine World Wide - WWW Stock Forecast, Price & News

$11.14
-0.06 (-0.54%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$10.98
$11.22
50-Day Range
$10.56
$18.05
52-Week Range
$10.39
$33.41
Volume
1.44 million shs
Average Volume
1.89 million shs
Market Capitalization
$877.28 million
P/E Ratio
5.71
Dividend Yield
3.59%
Price Target
$24.78

Wolverine World Wide MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
122.4% Upside
$24.78 Price Target
Short Interest
Healthy
4.68% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.21
Upright™ Environmental Score
News Sentiment
1.34mentions of Wolverine World Wide in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.55%
From $1.46 to $1.76 Per Share

Overall MarketRank

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

3.06 out of 5 stars

Consumer Discretionary Sector

9th out of 268 stocks

Footwear, Except Rubber Industry

1st 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. The company operates through two segments, Wolverine Michigan Group and Wolverine Boston Group. It 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, markets, and licenses a range of footwear styles, such as shoes, boots, and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Keds, Merrell, Saucony, Sperry, Sweaty Betty, Wolverine, and Stride Rite brands. 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; Wolverine branded eyewear and gloves; and Keds, Saucony, and Sperry branded apparel. In addition, the company markets pigskin leather under the Wolverine Warrior Leather, Weather Tight, and All Season Weather Leathers trademarks for use in the footwear industry. Further, it operates brick and mortar retail stores, and eCommerce sites. The company 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, as well as through third-party licensees and distributors, and joint ventures. As of January 1, 2022, it operated 143 retail stores, as well as 65 consumer-direct eCommerce sites. Wolverine World Wide, Inc. was founded in 1883 and is based in Rockford, Michigan.

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WWW Stock News Headlines

Wolverine World Wide Q3 Earnings Summary
Deckers (DECK) Q2 Earnings and Revenues Surpass Estimates
Skechers (SKX) Lags Q3 Earnings Estimates
See More Headlines
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WWW Company Calendar

Last Earnings
11/10/2021
Ex-Dividend for 11/1 Dividend
9/30/2022
Dividend Payable
11/01/2022
Today
12/04/2022
Ex-Dividend for 2/1 Dividend
12/29/2022
Fiscal Year End
12/31/2022
Dividend Payable
2/01/2023
Next Earnings (Estimated)
2/22/2023

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
CUSIP
97809710
Employees
4,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$24.78
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+122.4%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
10 Analysts

Profitability

Net Income
$68.60 million
Pretax Margin
7.31%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$2.53 per share
Book Value
$8.56 per share

Miscellaneous

Free Float
75,030,000
Market Cap
$877.28 million
Optionable
Optionable
Beta
1.59

Key Executives

  • Mr. Blake W. KruegerMr. Blake W. Krueger (Age 68)
    Exec. Chairman
    Comp: $3.46M
  • Mr. Brendan L. Hoffman (Age 53)
    CEO, Pres & Director
    Comp: $2.11M
  • Mr. Michael David StornantMr. Michael David Stornant (Age 55)
    Exec. VP & CFO
    Comp: $1.27M
  • Mr. James D. ZwiersMr. James D. Zwiers (Age 54)
    Exec. VP & Pres of Global Operations Group and International Group
    Comp: $1.2M
  • Ms. Isabel Soriano (Age 51)
    Pres of International
    Comp: $1.88M
  • Mr. Michael W. Harris CPA
    VP of Corp. Fin.
  • Ms. Amy M. KlimekMs. Amy M. Klimek (Age 48)
    Exec. VP of Global HR
  • Mr. Onder Ors
    Managing Director of Europe Middle East and Africa Operations
  • Mr. Christopher E. HufnagelMr. Christopher E. Hufnagel (Age 50)
    Pres of the Active Group
  • Mr. Thomas M. Kennedy (Age 60)
    Pres of the Work Group













WWW Stock - Frequently Asked Questions

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

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last year. There are currently 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued twelve-month price objectives for Wolverine World Wide's stock. Their WWW share price forecasts range from $15.00 to $35.00. On average, they anticipate the company's stock price to reach $24.78 in the next twelve months. This suggests a possible upside of 122.4% 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 2022?

Wolverine World Wide's stock was trading at $28.81 at the beginning of the year. Since then, WWW shares have decreased by 61.3% and is now trading at $11.14.
View the best growth stocks for 2022 here
.

When is Wolverine World Wide's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 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 Wednesday, November, 10th. The textile maker reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.02. The textile maker earned $636.70 million during the quarter, compared to the consensus estimate of $654.14 million. Wolverine World Wide had a trailing twelve-month return on equity of 24.68% and a net margin of 5.98%. During the same quarter last year, the business earned $0.35 earnings per share.

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, November 2nd. Shareholders of record on Monday, January 2nd will be given a dividend of $0.10 per share on Wednesday, February 1st. This represents a $0.40 annualized dividend and a yield of 3.59%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for WWW
.

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 3.59%. The dividend payout ratio is 20.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WWW will have a dividend payout ratio of 22.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WWW.

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

Wolverine World Wide updated its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of -$0.15--$0.05 for the period, compared to the consensus earnings per share estimate of $0.47. The company issued revenue guidance of $650.00 million-$675.00 million, compared to the consensus revenue estimate of $695.40 million.

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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.24%), Vanguard Group Inc. (11.58%), Diamond Hill Capital Management Inc. (4.58%), State Street Corp (3.53%), Macquarie Group Ltd. (2.71%) and Dimensional Fund Advisors LP (2.67%). 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 $11.14.

How much money does Wolverine World Wide make?

Wolverine World Wide (NYSE:WWW) has a market capitalization of $877.28 million and generates $2.41 billion in revenue each year. The textile maker earns $68.60 million in net income (profit) each year or $1.95 on an earnings per share basis.

How many employees does Wolverine World Wide have?

The company employs 4,400 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 12/4/2022 by MarketBeat.com Staff