Wolverine World Wide - WWW Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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.

9 analysts have issued 1-year price targets for Wolverine World Wide's shares. Their WWW share price forecasts range from $12.00 to $29.00. On average, they predict the company's share price to reach $17.14 in the next twelve months. This suggests a possible upside of 7.2% from the stock's current price.
View analysts price targets for WWW or view top-rated stocks among Wall Street analysts.

Wolverine World Wide's stock was trading at $10.93 at the start of the year. Since then, WWW stock has increased by 46.3% and is now trading at $15.99.
View the best growth stocks for 2023 here.

Wolverine World Wide saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 4,860,000 shares, an increase of 22.7% from the January 31st total of 3,960,000 shares. Based on an average daily trading volume, of 1,560,000 shares, the short-interest ratio is currently 3.1 days. Currently, 6.4% of the shares of the company are sold short.
View Wolverine World Wide's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our WWW earnings forecast.

Wolverine World Wide, Inc. (NYSE:WWW) issued its quarterly earnings results on Wednesday, February, 22nd. The textile maker reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by $0.01. The textile maker earned $665 million during the quarter, compared to analysts' expectations of $665.04 million. Wolverine World Wide had a negative net margin of 7.01% and a positive trailing twelve-month return on equity of 19.99%. The business's quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.41 earnings per share.

Wolverine World Wide announced a quarterly dividend on Wednesday, February 8th. Investors of record on Monday, April 3rd will be given a dividend of $0.10 per share on Monday, May 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend is Friday, March 31st.
Read our dividend analysis for WWW.

ETFs with the largest weight of Wolverine World Wide (NYSE:WWW) stock in their portfolio include Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), First Trust Small Cap Value AlphaDEX Fund (FYT), Cultivar ETF (CVAR), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Small Cap US Equity Select ETF (RNSC) and First Trust Small Cap Core AlphaDEX Fund (FYX).

Wolverine World Wide (NYSE:WWW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.49%.
Read our dividend analysis for WWW.

Wolverine World Wide updated its FY23 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share (EPS) guidance of $1.40-1.60 for the period, compared to the consensus earnings per share estimate of $1.61. The company issued revenue guidance of $2.53-2.58 billion, compared to the consensus revenue estimate of $2.72 billion.

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.

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).

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

Wolverine World Wide's stock is owned by many different institutional and retail investors. Top institutional shareholders include Earnest Partners LLC (8.19%), Morgan Stanley (3.87%), Bank of America Corp DE (3.69%), Diamond Hill Capital Management Inc. (2.44%), Dimensional Fund Advisors LP (2.34%) and Geode Capital Management LLC (1.76%). 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.

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.

One share of WWW stock can currently be purchased for approximately $15.99.

Wolverine World Wide (NYSE:WWW) has a market capitalization of $1.27 billion and generates $2.68 billion in revenue each year. The textile maker earns $-188,300,000.00 in net income (profit) each year or ($2.46) on an earnings per share basis.

The company employs 4,300 workers across the globe.

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.