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Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
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How You Should Be Choosing Your Stocks (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
German leader continues Gulf tour with stops in UAE, Qatar
Finally... Some Good News (Ad)pixel
Labour conference starts with focus on 'immoral' tax cuts
Poverty and inflation: Egypt's economy hit by global turmoil
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
German leader seeks energy deals, alliances on Gulf trip
Saudi Arabia's triumphant week reclaims the West's embrace
How You Should Be Choosing Your Stocks (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
German leader continues Gulf tour with stops in UAE, Qatar
Finally... Some Good News (Ad)pixel
Labour conference starts with focus on 'immoral' tax cuts
Poverty and inflation: Egypt's economy hit by global turmoil
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
German leader seeks energy deals, alliances on Gulf trip
Saudi Arabia's triumphant week reclaims the West's embrace
How You Should Be Choosing Your Stocks (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
German leader continues Gulf tour with stops in UAE, Qatar
Finally... Some Good News (Ad)pixel
Labour conference starts with focus on 'immoral' tax cuts
Poverty and inflation: Egypt's economy hit by global turmoil
NYSE:WWW

Wolverine World Wide - WWW Stock Forecast, Price & News

$17.31
-0.68 (-3.78%)
(As of 09/23/2022 12:00 AM ET)
Add
Compare
Today's Range
$16.95
$17.76
50-Day Range
$17.31
$23.58
52-Week Range
$16.65
$38.07
Volume
565,136 shs
Average Volume
550,718 shs
Market Capitalization
$1.36 billion
P/E Ratio
11.78
Dividend Yield
2.31%
Price Target
$28.50

Wolverine World Wide MarketRank™ Forecast

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
64.6% Upside
$28.50 Price Target
Short Interest
Bearish
4.95% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.21
Upright™ Environmental Score
News Sentiment
0.20mentions of Wolverine World Wide in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.28%
From $2.15 to $2.50 Per Share

Overall MarketRank

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

2.67 out of 5 stars

Consumer Discretionary Sector

68th out of 276 stocks

Footwear, Except Rubber Industry

4th 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

MERRELL SIGNS TWO PROFESSIONAL TRAIL RUNNING ATHLETES
Wolverine World Wide, Inc.: Downgrading to HOLD
Wolverine World Wide Q2 Income Climbs
Wolverine World Wide (WWW) Tops Q2 Earnings Estimates
See More Headlines
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WWW Company Calendar

Ex-Dividend for 8/1 Dividend
6/30/2022
Dividend Payable
8/01/2022
Last Earnings
8/10/2022
Today
9/25/2022
Ex-Dividend for 11/1 Dividend
9/30/2022
Dividend Payable
11/01/2022
Next Earnings (Estimated)
11/09/2022
Fiscal Year End
12/31/2022

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
$28.50
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$23.00
Forecasted Upside/Downside
+64.6%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$68.60 million
Pretax Margin
5.76%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$2.53 per share
Book Value
$7.82 per share

Miscellaneous

Free Float
75,012,000
Market Cap
$1.36 billion
Optionable
Optionable
Beta
1.69

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)
    Global Pres of Merrell, Kids & Licensing
  • Mr. Thomas M. Kennedy (Age 60)
    Pres of Wolverine Boot Group













WWW Stock - Frequently Asked Questions

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

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last year. There are currently 7 hold ratings and 1 buy rating 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 2022?

8 Wall Street research analysts have issued 1 year price objectives for Wolverine World Wide's shares. Their WWW share price forecasts range from $23.00 to $35.00. On average, they expect the company's share price to reach $28.50 in the next year. This suggests a possible upside of 64.6% 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 on January 1st, 2022. Since then, WWW stock has decreased by 39.9% and is now trading at $17.31.
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, November 9th 2022.
View our WWW earnings forecast
.

How were Wolverine World Wide's earnings last quarter?

Wolverine World Wide, Inc. (NYSE:WWW) released its quarterly earnings results on Wednesday, August, 10th. The textile maker reported $0.66 EPS for the quarter, beating the consensus estimate of $0.65 by $0.01. The textile maker had revenue of $713.60 million for the quarter, compared to analysts' expectations of $738.70 million. Wolverine World Wide had a net margin of 4.59% and a trailing twelve-month return on equity of 26.84%. The business's quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.67 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 3rd. Investors of record on Monday, October 3rd will be given a dividend of $0.10 per share on Tuesday, November 1st. This represents a $0.40 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date of this dividend is Friday, September 30th.
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 2.22%. The dividend payout ratio is 27.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WWW will have a dividend payout ratio of 16.00% 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 FY 2022 earnings guidance on Wednesday, September, 7th. The company provided earnings per share guidance of $2.10-$2.20 for the period, compared to the consensus estimate of $2.52. The company issued revenue guidance of $2.74 billion-$2.79 billion, compared to the consensus revenue estimate of $2.79 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 retail and institutional investors. Top institutional shareholders include State Street Corp (3.48%), Macquarie Group Ltd. (3.22%), Sei Investments Co. (2.02%), Victory Capital Management Inc. (1.85%), Northern Trust Corp (1.42%) and Aristotle Capital Boston LLC (1.18%). 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 $17.31.

How much money does Wolverine World Wide make?

Wolverine World Wide (NYSE:WWW) has a market capitalization of $1.36 billion and generates $2.41 billion in revenue each year. The textile maker earns $68.60 million in net income (profit) each year or $1.47 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 9/25/2022 by MarketBeat.com Staff

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