Wolverine World Wide Company Profile (NYSE:WWW)

About Wolverine World Wide (NYSE:WWW)

Wolverine World Wide logoWolverine World Wide, Inc. is a designer, manufacturer and marketer of a range of casual footwear and apparel, outdoor and athletic footwear and apparel, children's footwear, industrial work boots and apparel, and uniform shoes and boots. It operates in four segments: Wolverine Outdoor & Lifestyle Group, which offers Merrell footwear and apparel, Cat footwear, Hush Puppies footwear and apparel, and Chaco footwear; Wolverine Boston Group, which offers Sperry footwear and apparel, Saucony footwear and apparel, and Keds footwear and apparel; Wolverine Heritage Group, which offers Wolverine footwear and apparel, Bates uniform footwear, Harley-Davidson footwear and HyTest safety footwear, and Wolverine Multi-Brand Group, which offers Stride Rite footwear and apparel, and its multi-brand consumer-direct businesses. It also operates a performance leather business. The Wolverine Leathers Division markets pigskin leather for use primarily in the footwear industry.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Men's Footwear
  • Sub-Industry: Footwear
  • Symbol: NYSE:WWW
  • CUSIP: 97809710
  • Web: www.wolverineworldwide.com
Capitalization:
  • Market Cap: $2.78988 billion
  • Outstanding Shares: 96,636,000
Average Prices:
  • 50 Day Moving Avg: $27.86
  • 200 Day Moving Avg: $26.47
  • 52 Week Range: $20.58 - $29.62
P/E:
  • Trailing P/E Ratio: 33.92
  • Foreward P/E Ratio: 15.61
  • P/E Growth: 1.74
Sales & Book Value:
  • Annual Revenue: $2.52 billion
  • Price / Sales: 1.11
  • Book Value: $10.35 per share
  • Price / Book: 2.79
Dividend:
  • Annual Dividend: $0.24
  • Dividend Yield: 0.8%
Profitability:
  • EBITDA: $270.9 million
  • Net Margins: 3.32%
  • Return on Equity: 15.81%
  • Return on Assets: 6.30%
Debt:
  • Debt-to-Equity Ratio: 0.75%
  • Current Ratio: 2.81%
  • Quick Ratio: 1.95%
Misc:
  • Average Volume: 624,529 shs.
  • Beta: 0.98
  • Short Ratio: 14.72
 

Frequently Asked Questions for Wolverine World Wide (NYSE:WWW)

What is Wolverine World Wide's stock symbol?

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

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. Stockholders of record on Monday, October 2nd will be paid a dividend of $0.06 per share on Wednesday, November 1st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date is Friday, September 29th. View Wolverine World Wide's Dividend History.

How were Wolverine World Wide's earnings last quarter?

Wolverine World Wide, Inc. (NYSE:WWW) announced its quarterly earnings data on Wednesday, August, 9th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.14. The business had revenue of $598.80 million for the quarter, compared to analyst estimates of $573.78 million. Wolverine World Wide had a net margin of 3.32% and a return on equity of 15.81%. Wolverine World Wide's revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.26 EPS. View Wolverine World Wide's Earnings History.

When will Wolverine World Wide make its next earnings announcement?

Wolverine World Wide is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Wolverine World Wide.

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

Wolverine World Wide issued an update on its FY17 earnings guidance on Wednesday, August, 9th. The company provided EPS guidance of $1.55-1.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.55. The company issued revenue guidance of $2.32-2.37, compared to the consensus revenue estimate of $2.34 billion.

Where is Wolverine World Wide's stock going? Where will Wolverine World Wide's stock price be in 2017?

10 equities research analysts have issued 1 year price objectives for Wolverine World Wide's shares. Their forecasts range from $8.00 to $32.00. On average, they expect Wolverine World Wide's stock price to reach $24.56 in the next year. View Analyst Ratings for Wolverine World Wide.

What are analysts saying about Wolverine World Wide stock?

Here are some recent quotes from research analysts about Wolverine World Wide stock:

  • 1. According to Zacks Investment Research, "WOLVERINE WORLD WIDE INC. Wolverine World Wide, Inc. designs, manufactures, distributes and markets various brands and styles of footwear. The wide variety of footwear sold by the Company includes casual shoes, slippers, moccasins, dress shoes, boots, uniform shoes and work boots and shoes. The Company is also a domestic tanner of pigskin. " (8/12/2017)
  • 2. Wedbush analysts commented, "Last night, WWW issued a press release regarding a key hire and commented briefly on 4Q16 results. We believe both announcements should provide support to the stock after recent sector concerns around the 4Q and potentially the outlook for FY17. Our overall view is that the company is making progress in improving not only its operating structure but also its product development, neither of which we believe is properly reflected in the stock price. We are reiterating our OUTPERFORM rating and $30 price target." (2/7/2017)

Who are some of Wolverine World Wide's key competitors?

Who are Wolverine World Wide's key executives?

Wolverine World Wide's management team includes the folowing people:

  • Blake W. Krueger, Chairman of the Board, President, Chief Executive Officer
  • Michael Jeppesen, President - Global Operations Group Global Operations Group and Wolverine Heritage Group
  • Michael D. Stornant, Chief Financial Officer, Senior Vice President, Treasurer
  • Todd Spaletto, President - Wolverine Outdoor and Lifestyle Group
  • Richard J Woodworth, President - Wolverine Boston Group
  • James D. Zwiers, Executive Vice President, Senior Vice President; President, Wolverine Outdoor & Lifestyle Group
  • Brendan M. Gibbons, Senior Vice President, General Counsel, Secretary
  • Amy M. Klimek, Senior Vice President - Global Human Resources
  • Christopher E. Hufnagel, Senior Vice President - Strategy
  • David T. Kollat, Lead Independent Director

Who owns Wolverine World Wide stock?

Wolverine World Wide's stock is owned by a variety of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.14%). Company insiders that own Wolverine World Wide stock include Jeffrey M Boromisa and William K Gerber. View Institutional Ownership Trends for Wolverine World Wide.

Who bought Wolverine World Wide stock? Who is buying Wolverine World Wide stock?

Wolverine World Wide's stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V.. View Insider Buying and Selling for Wolverine World Wide.

How do I buy Wolverine World Wide stock?

Shares of Wolverine World Wide can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Wolverine World Wide's stock price today?

One share of Wolverine World Wide stock can currently be purchased for approximately $28.87.


MarketBeat Community Rating for Wolverine World Wide (NYSE WWW)
Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  196 (Vote Outperform)
Underperform Votes:  507 (Vote Underperform)
Total Votes:  703
MarketBeat's community ratings are surveys of what our community members think about Wolverine World Wide and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Wolverine World Wide (NYSE:WWW) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.10)
Consensus Price Target: $24.56 (14.92% downside)
Consensus Price Target History for Wolverine World Wide (NYSE:WWW)
Price Target History for Wolverine World Wide (NYSE:WWW)
Analysts' Ratings History for Wolverine World Wide (NYSE:WWW)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/11/2017KeyCorpReiterated RatingHoldN/AView Rating Details
10/5/2017Pivotal ResearchInitiated CoverageHold$32.00N/AView Rating Details
9/25/2017Morgan StanleyBoost Price TargetEqual Weight$22.50 -> $24.50LowView Rating Details
9/17/2017Robert W. BairdReiterated RatingBuy$32.00MediumView Rating Details
8/9/2017Piper Jaffray CompaniesSet Price TargetHold$25.00HighView Rating Details
5/13/2017B. RileyReiterated RatingNeutral$28.00MediumView Rating Details
5/11/2017WedbushBoost Price TargetOutperform$7.00 -> $8.00LowView Rating Details
5/11/2017Telsey Advisory GroupBoost Price TargetMarket Perform -> Market Perform$26.00 -> $29.00HighView Rating Details
2/4/2017Pacific CrestDowngradeHoldN/AView Rating Details
12/19/2016Susquehanna Bancshares IncReiterated RatingSell$18.00N/AView Rating Details
8/3/2016ArgusReiterated RatingBuyN/AView Rating Details
4/27/2016Sterne Agee CRTDowngradeNeutral -> Underperform$15.00N/AView Rating Details
4/12/2016Stifel NicolausReiterated RatingBuy$25.00N/AView Rating Details
2/26/2016DA DavidsonBoost Price TargetNeutral$17.00 -> $18.00N/AView Rating Details
1/21/2016Goldman Sachs Group, Inc. (The)Lower Price Target$23.00 -> $18.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Wolverine World Wide (NYSE:WWW)
Earnings by Quarter for Wolverine World Wide (NYSE:WWW)
Earnings History by Quarter for Wolverine World Wide (NYSE WWW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.37N/AView Earnings Details
8/9/2017Q2 2017$0.29$0.43$573.78 million$598.80 millionViewListenView Earnings Details
5/10/2017Q1 2017$0.31$0.37$557.53 million$591.30 millionViewN/AView Earnings Details
2/22/2017Q416$0.31$0.33$714.22 million$729.60 millionViewListenView Earnings Details
10/18/2016Q316$0.48$0.49$631.09 million$603.70 millionViewListenView Earnings Details
7/26/2016Q216$0.23$0.25$578.99 million$583.70 millionViewListenView Earnings Details
5/3/2016Q116$0.22$0.29$567.47 million$577.60 millionViewN/AView Earnings Details
2/23/2016Q415$0.28$0.33$751.35 million$751.20 millionViewListenView Earnings Details
10/20/2015Q315$0.48$0.48$681.26 million$678.90 millionViewListenView Earnings Details
7/21/2015Q215$0.20$0.27$618.84 million$630.10 millionViewListenView Earnings Details
4/28/2015Q115$0.34$0.37$643.69 million$631.40 millionViewN/AView Earnings Details
2/17/2015Q414$0.30$0.30$806.60 million$808.90 millionViewN/AView Earnings Details
10/14/2014Q314$0.59$0.63$720.34 million$711.10 millionViewListenView Earnings Details
7/15/2014Q214$0.27$0.31$608.50 million$613.50 millionViewN/AView Earnings Details
4/29/2014Q114$0.30$0.38$625.42 million$627.60 millionViewN/AView Earnings Details
2/18/2014Q413$0.20$0.22$743.93 million$740.80 millionViewN/AView Earnings Details
10/8/2013Q313$1.02$1.16$712.31 million$716.70 millionViewN/AView Earnings Details
7/9/2013Q2 2013$0.34$0.46$591.03 million$587.80 millionViewListenView Earnings Details
4/16/2013Q1 2013$0.55$0.81$633.78 million$645.90 millionViewListenView Earnings Details
2/19/2013Q4 2012$0.17$0.48$654.55 million$652.25 millionViewListenView Earnings Details
10/16/2012$0.73$0.72ViewN/AView Earnings Details
7/10/2012$0.44$0.41ViewN/AView Earnings Details
4/23/2012$0.55$0.64ViewN/AView Earnings Details
1/30/2012$0.44$0.47ViewN/AView Earnings Details
10/3/2011$0.75$0.82ViewN/AView Earnings Details
7/12/2011$0.46$0.48ViewN/AView Earnings Details
4/19/2011$0.66$0.72ViewN/AView Earnings Details
2/1/2011$0.46$0.52ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Wolverine World Wide (NYSE:WWW)
2017 EPS Consensus Estimate: $1.44
2018 EPS Consensus Estimate: $1.88
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.30$0.32$0.31
Q2 20174$0.28$0.29$0.29
Q3 20174$0.36$0.55$0.41
Q4 20174$0.38$0.47$0.43
Q1 20181$0.45$0.45$0.45
Q2 20181$0.52$0.52$0.52
Q3 20181$0.43$0.43$0.43
Q4 20181$0.48$0.48$0.48
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Wolverine World Wide (NYSE:WWW)
Next Dividend:11/1/2017
Annual Dividend:$0.24
Dividend Yield:0.83%
Dividend Growth:4.60% (3 Year Average)
Payout Ratio:28.24% (Trailing 12 Months of Earnings)
14.91% (Based on This Year's Estimates)
12.97% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Wolverine World Wide (NYSE:WWW)

Dividend History by Quarter for Wolverine World Wide (NYSE WWW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/2/2017quarterly$0.060.87%9/29/201710/2/201711/1/2017
5/3/2017quarterly$0.061.01%6/29/20177/3/20178/1/2017
2/8/2017quarterly$0.061.04%3/30/20174/3/20175/1/2017
12/7/2016quarterly$0.060.96%12/28/20161/2/20172/1/2017
7/14/2016quarterly$0.061.04%9/29/201610/3/201611/1/2016
4/20/2016quarterly$0.061.25%6/29/20167/1/20168/1/2016
2/11/2016quarterly$0.061.44%3/30/20164/1/20165/2/2016
12/9/2015quarterly$0.061.35%12/30/20151/4/20162/1/2016
7/8/2015quarterly$0.060.83%9/29/201510/1/201511/2/2015
4/21/2015quarterly$0.060.73%6/29/20157/1/20158/3/2015
2/12/2015quarterly$0.060.83%3/30/20154/1/20155/1/2015
12/10/2014quarterly$0.060.83%12/30/20141/2/20152/2/2015
7/10/2014quarterly$0.060.92%9/29/201410/1/201411/3/2014
4/22/2014quarterly$0.060.88%6/27/20147/1/20148/1/2014
2/12/2014quarterly$0.060.85%3/28/20144/1/20145/1/2014
12/11/2013quarterly$0.060.75%12/30/20131/2/20142/3/2014
7/11/2013quarterly$0.060.41%9/27/201310/1/201311/1/2013
4/18/2013quarterly$0.121.04%6/27/20137/1/20138/1/2013
2/7/2013quarterly$0.121.11%3/27/20134/1/20135/1/2013
12/13/2012quarterly$0.121.19%12/28/20121/2/20132/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Wolverine World Wide (NYSE:WWW)
Insider Ownership Percentage: 5.65%
Institutional Ownership Percentage: 90.84%
Insider Trades by Quarter for Wolverine World Wide (NYSE:WWW)
Institutional Ownership by Quarter for Wolverine World Wide (NYSE:WWW)
Insider Trades by Quarter for Wolverine World Wide (NYSE:WWW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/7/2016William K GerberDirectorSell2,162$21.88$47,304.56View SEC Filing  
10/29/2015Jeffrey M BoromisaDirectorBuy2,500$18.48$46,200.00View SEC Filing  
11/7/2014James D ZwiersSVPSell20,200$27.17$548,834.00View SEC Filing  
5/13/2014William GerberDirectorSell2,020$26.26$53,045.20View SEC Filing  
3/3/2014Alberto GrimoldiDirectorSell48,312$26.01$1,256,595.12View SEC Filing  
2/28/2014David KollatDirectorSell10,052$26.32$264,568.64View SEC Filing  
2/24/2014Brenda LauderbackDirectorSell17,352$26.19$454,448.88View SEC Filing  
12/12/2013Shirley PetersonDirectorSell3,000$32.10$96,300.00View SEC Filing  
11/21/2013Michael VolkemaDirectorSell16,180$31.00$501,580.00View SEC Filing  
5/14/2013William K GerberDirectorSell1,031$51.68$53,282.08View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Wolverine World Wide (NYSE:WWW)
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Chart

Wolverine World Wide (WWW) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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