NYSE:WWW - Wolverine World Wide Stock Price, News, & Analysis

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$38.24 +0.48 (+1.27 %)
(As of 08/19/2018 11:21 AM ET)
Previous Close$38.24
Today's Range$37.57 - $38.29
52-Week Range$25.25 - $38.52
Volume317,994 shs
Average Volume734,416 shs
Market Capitalization$3.57 billion
P/E Ratio23.32
Dividend Yield0.84%
Beta0.98
Wolverine World Wide logoWolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories. The company operates through four segments: Wolverine Outdoor & Lifestyle Group, Wolverine Boston Group, Wolverine Heritage Group, and Wolverine Multi-Brand Group. It offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; children's footwear; industrial work boots and apparel; and uniform shoes and boots. The company sources and markets a range of footwear styles, such as shoes, boots, and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, HyTest, Keds, Merrell, Saucony, Sebago, Soft Style, Sperry, Stride Rite, and Wolverine brand names. It also markets apparel and accessories under the Merrell and Wolverine brands, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; the Wolverine brand eyewear and gloves; and the Keds, Saucony, Sperry brand 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. Wolverine World Wide, Inc. sells its products in the United States, Canada, the United Kingdom, and certain countries in continental Europe and Asia Pacific 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. As of December 30, 2017, the company operated 81 retail stores, as well as 29 consumer-direct Websites. Wolverine World Wide, Inc. was founded in 1883 and is based in Rockford, Michigan.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Footwear, except rubber
Sub-IndustryFootwear
SectorConsumer Discretionary
SymbolNYSE:WWW
CUSIP97809710
Phone616-866-5500

Debt

Debt-to-Equity Ratio0.61
Current Ratio2.65
Quick Ratio1.86

Price-To-Earnings

Trailing P/E Ratio23.32
Forward P/E Ratio17.95
P/E Growth1.76

Sales & Book Value

Annual Sales$2.35 billion
Price / Sales1.55
Cash Flow$2.0828 per share
Price / Cash18.36
Book Value$9.98 per share
Price / Book3.83

Profitability

EPS (Most Recent Fiscal Year)$1.64
Net Income$300,000.00
Net Margins2.83%
Return on Equity18.58%
Return on Assets7.85%

Miscellaneous

Employees3,700
Outstanding Shares95,090,000
Market Cap$3.57 billion

Wolverine World Wide (NYSE:WWW) Frequently Asked Questions

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 declared a quarterly dividend on Wednesday, August 1st. Investors of record on Monday, October 1st will be given a dividend of $0.08 per share on Thursday, November 1st. This represents a $0.32 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend is Friday, September 28th. View Wolverine World Wide's Dividend History.

How were Wolverine World Wide's earnings last quarter?

Wolverine World Wide, Inc. (NYSE:WWW) issued its quarterly earnings data on Wednesday, August, 8th. The textile maker reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.08. The textile maker earned $566.90 million during the quarter, compared to the consensus estimate of $569.24 million. Wolverine World Wide had a net margin of 2.83% and a return on equity of 18.58%. The firm's revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.43 EPS. View Wolverine World Wide's Earnings History.

When is Wolverine World Wide's next earnings date?

Wolverine World Wide is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. 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 FY18 earnings guidance on Wednesday, August, 8th. The company provided EPS guidance of $2.08-2.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.08. The company issued revenue guidance of $2.24-2.32 billion, compared to the consensus revenue estimate of $2.28 billion.

What price target have analysts set for WWW?

14 Wall Street analysts have issued 1 year price targets for Wolverine World Wide's stock. Their predictions range from $24.50 to $44.00. On average, they expect Wolverine World Wide's share price to reach $37.7917 in the next twelve months. This suggests that the stock has a possible downside of 1.2%. View Analyst Price Targets for Wolverine World Wide.

What is the consensus analysts' recommendation for Wolverine World Wide?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wolverine World Wide.

What are Wall Street 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 Worldwide, Inc. is one of the world's leading marketers of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel. The Company's portfolio of highly recognized brands includes Merrell, Sperry, Hush Puppies, Saucony, Wolverine, Keds, Stride Rite, Sebago, Chaco, Bates, HYTEST, and Soft Style. The Company also is the global footwear licensee of popular brands including Cat, Harley-Davidson. The Company's products are carried by leading retailers in the U.S. and globally in approximately 200 countries and territories. " (8/10/2018)
  • 2. Pivotal Research analysts commented, "We believe that Chaco was best positioned to capitalize on the favorable environment, and, to a lesser extent, Merrell should’ve seen some benefit as well. The opposite may have been true for Sperry, and sandal demand may have come at the expense of boat shoes." (8/3/2018)

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:
  • Mr. Blake W. Krueger, Chairman, CEO & Pres (Age 64)
  • Mr. Michael David Stornant, Sr. VP, CFO & Treasurer (Age 51)
  • Mr. James D. Zwiers, Exec. VP (Age 50)
  • Mr. Richard J. Woodworth, Pres of Wolverine Boston Group (Age 60)
  • Mr. Todd Spaletto, Pres of Wolverine Outdoor & Lifestyle Group (Age 46)

Has Wolverine World Wide been receiving favorable news coverage?

Headlines about WWW stock have trended somewhat positive on Sunday, Accern reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Wolverine World Wide earned a news impact score of 0.22 on Accern's scale. They also assigned news coverage about the textile maker an impact score of 48.12 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Wolverine World Wide.

Who are Wolverine World Wide's major shareholders?

Wolverine World Wide's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.83%), Dimensional Fund Advisors LP (3.49%), FMR LLC (3.20%), Victory Capital Management Inc. (2.90%), Earnest Partners LLC (2.74%) and Macquarie Group Ltd. (1.49%). Company insiders that own Wolverine World Wide stock include James D Zwiers, Joseph R Gromek, Michael D Stornant, Michael Jeppesen and William K Gerber. View Institutional Ownership Trends for Wolverine World Wide.

Which major investors are selling Wolverine World Wide stock?

WWW stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Victory Capital Management Inc., Macquarie Group Ltd., Aristotle Capital Boston LLC, Millennium Management LLC, FMR LLC, Renaissance Technologies LLC and Morgan Stanley. Company insiders that have sold Wolverine World Wide company stock in the last year include James D Zwiers, Joseph R Gromek, Michael D Stornant, Michael Jeppesen and William K Gerber. View Insider Buying and Selling for Wolverine World Wide.

Which major investors are buying Wolverine World Wide stock?

WWW stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., BlackRock Inc., Monarch Partners Asset Management LLC, Segall Bryant & Hamill LLC, Foundry Partners LLC, ClariVest Asset Management LLC, Royce & Associates LP and Engineers Gate Manager LP. View Insider Buying and Selling for Wolverine World Wide.

How do I buy shares of Wolverine World Wide?

Shares of WWW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 WWW stock can currently be purchased for approximately $38.24.

How big of a company is Wolverine World Wide?

Wolverine World Wide has a market capitalization of $3.57 billion and generates $2.35 billion in revenue each year. The textile maker earns $300,000.00 in net income (profit) each year or $1.64 on an earnings per share basis. Wolverine World Wide employs 3,700 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 textile maker can be reached via phone at 616-866-5500 or via email at [email protected]


MarketBeat Community Rating for Wolverine World Wide (NYSE WWW)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  305 (Vote Outperform)
Underperform Votes:  599 (Vote Underperform)
Total Votes:  904
MarketBeat's community ratings are surveys of what our community members think about Wolverine World Wide and other stocks. Vote "Outperform" if you believe WWW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WWW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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