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

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$33.29 +0.23 (+0.70 %)
(As of 01/20/2019 03:13 PM ET)
Previous Close$33.29
Today's Range$32.93 - $33.76
52-Week Range$27.93 - $39.77
Volume545,791 shs
Average Volume667,406 shs
Market Capitalization$3.16 billion
P/E Ratio20.30
Dividend Yield0.96%
Beta1.01
Wolverine 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

Industry Footwear, except rubber
Sub-IndustryFootwear
SectorConsumer Discretionary
CUSIP97809710
Phone616-866-5500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.35 billion
Cash Flow$2.0448 per share
Book Value$9.98 per share

Profitability

Net Income$300,000.00

Miscellaneous

Employees3,700
Market Cap$3.16 billion
OptionableOptionable

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 Thursday, November 1st. Investors of record on Wednesday, January 2nd will be paid a dividend of $0.08 per share on Friday, February 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend is Monday, December 31st. View Wolverine World Wide's Dividend History.

How were Wolverine World Wide's earnings last quarter?

Wolverine World Wide, Inc. (NYSE:WWW) posted its earnings results on Wednesday, November, 7th. The textile maker reported $0.62 EPS for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.06. The textile maker had revenue of $558.60 million for the quarter, compared to analysts' expectations of $584.25 million. Wolverine World Wide had a net margin of 4.45% and a return on equity of 20.26%. The firm's quarterly revenue was down 3.9% compared to the same quarter last year. During the same period in the prior year, the company posted $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, February 20th 2019. View Earnings Estimates for Wolverine World Wide.

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

Wolverine World Wide updated its fourth quarter 2018 earnings guidance on Wednesday, November, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $575-586 million, compared to the consensus revenue estimate of $599.21 million.Wolverine World Wide also updated its FY18 guidance to $2.12-2.16 EPS.

What price target have analysts set for WWW?

11 brokerages have issued twelve-month price objectives for Wolverine World Wide's shares. Their forecasts range from $35.00 to $44.00. On average, they expect Wolverine World Wide's share price to reach $39.80 in the next year. This suggests a possible upside of 19.6% from the stock's current price. View Analyst Price Targets for Wolverine World Wide.

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last year. There are currently 5 hold ratings and 6 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, "Shares of Wolverine have underperformed the industry in the past three months due to dismal sales trend. Markedly, during third-quarter 2018, the company’s sales missed the consensus mark and plunged year over year, marking the fifth straight quarter of decline. This downturn was mainly due to negative impacts of store closures and portfolio changes. Moreover, the company is exposed to significant currency risks. Nevertheless, this was the third successive quarter that Wolverine’s earnings surpassed the consensus mark and grew year over year. Decline in cost of goods sold, fall in SG&A expenses and lower interest expense led to the upside. Incidentally, continued strength in bottom-line performance propelled management to raise earnings view for 2018. Further, the company has been progressing well with its GLOBAL GROWTH AGENDA, which focuses on empowering brands, implementing advanced digital tools and expanding into new markets." (1/19/2019)
  • 2. Pivotal Research analysts commented, "We calculate that the $0.06 beat was due to a lower-than-expected tax rate." (11/5/2018)

Has Wolverine World Wide been receiving favorable news coverage?

News coverage about WWW stock has trended extremely positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wolverine World Wide earned a media sentiment score of 4.1 on InfoTrie's scale. They also gave headlines about the textile maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

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)

Who are Wolverine World Wide's major shareholders?

Wolverine World Wide's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.06%), Louisiana State Employees Retirement System (0.04%), State of Alaska Department of Revenue (0.03%), Alpha Windward LLC (0.02%) and Diversified Trust Co (0.01%). Company insiders that own Wolverine World Wide stock include Amy M Klimek, James D Zwiers, Joseph R Gromek, Michael D Stornant, Michael Jeppesen, Richard Woodworth 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 Louisiana State Employees Retirement System and Nisa Investment Advisors LLC. Company insiders that have sold Wolverine World Wide company stock in the last year include Amy M Klimek, James D Zwiers, Michael D Stornant, Michael Jeppesen, Richard Woodworth 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 bought by a variety of institutional investors in the last quarter, including Alpha Windward LLC, State of Alaska Department of Revenue and Diversified Trust Co. 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 $33.29.

How big of a company is Wolverine World Wide?

Wolverine World Wide has a market capitalization of $3.16 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.

What is Wolverine World Wide's official website?

The official website for Wolverine World Wide is http://www.wolverineworldwide.com.

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:  322 (Vote Outperform)
Underperform Votes:  628 (Vote Underperform)
Total Votes:  950
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 1/20/2019 by MarketBeat.com Staff

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