NYSE:WWW Wolverine World Wide - WWW Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Wolverine World Wide, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $16.13 +0.91 (+5.98%) (As of 01/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$15.22▼$16.2050-Day Range$9.80▼$16.1352-Week Range$9.60▼$27.43Volume2.03 million shsAverage Volume1.62 million shsMarket Capitalization$1.27 billionP/E Ratio8.27Dividend Yield2.62%Price Target$19.38 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Wolverine World Wide MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside20.1% Upside$19.38 Price TargetShort InterestHealthy3.39% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.21Upright™ Environmental ScoreNews Sentiment0.64Based on 10 Articles This WeekInsider TradingAcquiring Shares$1.15 M Bought Last QuarterProj. Earnings Growth15.60%From $1.41 to $1.63 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.00 out of 5 starsConsumer Discretionary Sector2nd out of 279 stocksFootwear, Except Rubber Industry1st out of 5 stocks 3.1 Analyst's Opinion Consensus RatingWolverine World Wide has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.38, Wolverine World Wide has a forecasted upside of 20.1% from its current price of $16.13.Amount of Analyst CoverageWolverine World Wide has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.39% of the float of Wolverine World Wide has been sold short.Short Interest Ratio / Days to CoverWolverine World Wide has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Wolverine World Wide has recently decreased by 15.58%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldWolverine World Wide pays a meaningful dividend of 2.62%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWolverine World Wide does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Wolverine World Wide is 20.51%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Wolverine World Wide will have a dividend payout ratio of 24.54% next year. This indicates that Wolverine World Wide will be able to sustain or increase its dividend. Previous Next 1.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWolverine World Wide has received a -23.02% net impact score from Upright. The largest negative impact of Wolverine World Wide in category "GHG emissions" seems to be driven mostly by its "Footwear for babies and children", "Sneakers made of virgin materials", "Hiking boots", "Winter boots", "Synthetic fibre jackets and coats", and "Nylon boots" products. See details.Environmental SustainabilityThe Environmental Impact score for Wolverine World Wide is -3.21. Previous Next 2.0 News and Social Media Coverage News SentimentWolverine World Wide has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Wolverine World Wide this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for WWW on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Wolverine World Wide to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Wolverine World Wide insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,152,125.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.40% of the stock of Wolverine World Wide is held by insiders.Percentage Held by Institutions97.08% of the stock of Wolverine World Wide is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Wolverine World Wide are expected to grow by 15.60% in the coming year, from $1.41 to $1.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wolverine World Wide is 8.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Wolverine World Wide is 8.27, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.22.Price to Book Value per Share RatioWolverine World Wide has a P/B Ratio of 2.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Wolverine World Wide (NYSE:WWW) StockWolverine World Wide, Inc. engages in the design, manufacture, and sale of branded casual, active lifestyle, work, outdoor sport, athletic, uniform, footwear, and apparel. It operates through the following segments: Wolverine Michigan Group and Wolverine Boston Group. The Wolverine Michigan Group consists of Merrell, Cat, Chaco, Hush Puppies, Bates uniform, Harley-Davidson and Hytest safety footwear and apparel. The Wolverine Boston Group consists of Sperry, Saucony , Keds, and the Kids footwear business, which includes the Stride Rite licensed business, as well as kids' footwear offerings from Saucony, Sperry, Keds, Merrell, Hush Puppies, and Cat. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.Read More Receive WWW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wolverine World Wide and its competitors with MarketBeat's FREE daily newsletter. Email Address WWW Stock News HeadlinesJanuary 30, 2023 | reuters.comWWW.DF - | Stock Price & Latest News | ReutersJanuary 30, 2023 | americanbankingnews.comWolverine World Wide (NYSE:WWW) Releases Q4 2022 Earnings GuidanceFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 30, 2023 | americanbankingnews.comWolverine World Wide (NYSE:WWW) Issues FY 2022 Earnings GuidanceJanuary 27, 2023 | finance.yahoo.comWhat Makes Wolverine World Wide (WWW) Stock Attractive Amid Decline in Q4?January 23, 2023 | marketwatch.comOutdoor Product Market : Industry Analysis 2023 To 2028 based on Sales, Revenue, Size and ShareJanuary 21, 2023 | finance.yahoo.com22 Largest Hunting Companies in the USJanuary 12, 2023 | marketwatch.comMilitary Footwear Market Research, Growth Size, and Outlook 2029 | Promising Players Belleville Boot, Wolverine Worldwide, Iturri, HaixFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 12, 2023 | marketwatch.comMilitary Boots Market Future Business Trends and Growth 2022 to 2029 | Belleville Boot, Wolverine Worldwide, Iturri, HaixJanuary 11, 2023 | seekingalpha.comWolverine World Wide stock extends gains post pre-announcementJanuary 10, 2023 | msn.comWolverine Worldwide proposes new PFAS plan for old tannery siteJanuary 10, 2023 | finance.yahoo.comWolverine Worldwide CEO Explains Why the Company Decided to Sell Keds: ‘We Can’t Have Any Sacred Cows’January 9, 2023 | finance.yahoo.comWolverine Worldwide to Attend ICR ConferenceJanuary 5, 2023 | benzinga.comWolverine World Wide Gets A Downgrade By This Analyst On Difficult Top-Line Trends, Nordstrom On Slowing TailwindsJanuary 5, 2023 | seekingalpha.comWolverine World Wide downgraded to Neutral at Piper SandlerJanuary 5, 2023 | finance.yahoo.comMERRELL APPOINTS JESSICA ADLER AS VICE PRESIDENT OF US SALESDecember 24, 2022 | finance.yahoo.comIs It Time To Consider Buying Wolverine World Wide, Inc. (NYSE:WWW)?December 23, 2022 | marketwatch.comWolverine World Wide Exec Chmn to Transition to ChmnDecember 23, 2022 | marketwatch.comWomen Footwear Market 2023 Size Industry, Current Trends, Demand and Size Share Estimation by 2025 with Top Players MarketGrowthReports.comDecember 16, 2022 | msn.com15 Weird Facts About Deadpool In X-Men Origins: WolverineDecember 14, 2022 | benzinga.comOver $1 Million Bet On Wolverine World Wide? Check Out These 4 Stocks Insiders Are BuyingDecember 9, 2022 | finance.yahoo.comFootwear group Wolverine World Wide announces plans to divest or license its Keds brandDecember 9, 2022 | finance.yahoo.comWhy Is Wolverine (WWW) Down 14.2% Since Last Earnings Report?December 9, 2022 | benzinga.comWhy Wolverine World Wide, Everi Holdings And Other Oversold Majors In The Consumer Discretionary Sector Look PromisingDecember 8, 2022 | markets.businessinsider.comWolverine World Wide Begins Process To Divest Or License Keds And Wolverine LeathersDecember 8, 2022 | seekingalpha.comWolverine World Wide fires off cost-savings initiatives, plans to divest Keds brandSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WWW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wolverine World Wide and its competitors with MarketBeat's FREE daily newsletter. Email Address WWW Company Calendar Last Earnings11/09/2022Ex-Dividend for 2/1 Dividend12/29/2022Today1/31/2023Dividend Payable2/01/2023Next Earnings (Estimated)2/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Footwear, except rubber Sub-IndustryFootwear SectorConsumer Discretionary Current SymbolNYSE:WWW CUSIP97809710 CIK110471 Webwww.wolverineworldwide.com Phone(616) 866-5500Fax616-866-5550Employees4,400Year FoundedN/APrice Target and Rating Average Stock Price Forecast$19.38 High Stock Price Forecast$35.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+20.1%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.95 Trailing P/E Ratio8.27 Forward P/E Ratio11.44 P/E GrowthN/ANet Income$68.60 million Net Margins5.98% Pretax Margin7.31% Return on Equity24.68% Return on Assets5.59% Debt Debt-to-Equity Ratio1.08 Current Ratio1.17 Quick Ratio0.50 Sales & Book Value Annual Sales$2.41 billion Price / Sales0.53 Cash Flow$2.67 per share Price / Cash Flow6.03 Book Value$7.82 per share Price / Book2.06Miscellaneous Outstanding Shares78,750,000Free Float75,290,000Market Cap$1.27 billion OptionableOptionable Beta1.55 Key ExecutivesBrendan L. HoffmanPresident, Chief Executive Officer & DirectorJames David ZwiersGroup President-Global OperationsMichael D. StornantChief Financial Officer, Treasurer & Senior VPAngelo NgChief Merchant Officer & Senior Vice PresidentDee SlaterChief Investment Officer & SVP-Central ServicesKey CompetitorsSteven MaddenNASDAQ:SHOOCaleresNYSE:CALGolden EntertainmentNASDAQ:GDENGray TelevisionNYSE:GTNPlaya Hotels & ResortsNASDAQ:PLYAView All CompetitorsInsiders & InstitutionsKestra Advisory Services LLCBought 16,324 shares on 1/31/2023Ownership: 0.021%New York State Common Retirement FundBought 267,330 shares on 1/30/2023Ownership: 1.192%Versor Investments LPBought 24,021 shares on 1/30/2023Ownership: 0.031%Comerica BankSold 13,184 shares on 1/26/2023Ownership: 0.060%Eagle Bay Advisors LLCBought 1,634 shares on 1/26/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions WWW Stock - Frequently Asked Questions Should I buy or sell Wolverine World Wide stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last year. There are currently 6 hold ratings and 2 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. What is Wolverine World Wide's stock price forecast for 2023? 8 brokers have issued 12 month price objectives for Wolverine World Wide's shares. Their WWW share price forecasts range from $12.00 to $35.00. On average, they expect the company's share price to reach $19.38 in the next year. This suggests a possible upside of 20.1% 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 2023? Wolverine World Wide's stock was trading at $10.93 at the beginning of 2023. Since then, WWW stock has increased by 47.6% and is now trading at $16.13. View the best growth stocks for 2023 here. Are investors shorting Wolverine World Wide? Wolverine World Wide saw a decline in short interest in January. As of January 15th, there was short interest totaling 2,600,000 shares, a decline of 15.6% from the December 31st total of 3,080,000 shares. Based on an average daily volume of 1,510,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 3.4% of the company's stock are short sold. View Wolverine World Wide's Short Interest. When is Wolverine World Wide's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. View our WWW earnings forecast. How were Wolverine World Wide's earnings last quarter? Wolverine World Wide, Inc. (NYSE:WWW) issued its quarterly earnings data on Wednesday, November, 9th. The textile maker reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by $0.09. The textile maker had revenue of $691.40 million for the quarter, compared to the consensus estimate of $714.89 million. Wolverine World Wide had a net margin of 5.98% and a trailing twelve-month return on equity of 24.68%. 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, November 2nd. Stockholders of record on Monday, January 2nd will be given a dividend of $0.10 per share on Wednesday, February 1st. This represents a $0.40 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date of this dividend is Thursday, December 29th. 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 2.62%. The dividend payout ratio is 20.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WWW will have a dividend payout ratio of 24.54% 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 Saturday, January, 28th. The company provided earnings per share (EPS) guidance of $1.41-$1.41 for the period, compared to the consensus earnings per share estimate of $1.45. The company issued revenue guidance of $2.69 billion-$2.69 billion, compared to the consensus revenue estimate of $2.68 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 investors include New York State Common Retirement Fund (1.19%), Fifth Third Bancorp (0.10%), Yousif Capital Management LLC (0.06%), Comerica Bank (0.06%), Maryland State Retirement & Pension System (0.04%) and Versor Investments LP (0.03%). 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 $16.13. How much money does Wolverine World Wide make? Wolverine World Wide (NYSE:WWW) has a market capitalization of $1.27 billion and generates $2.41 billion in revenue each year. The textile maker earns $68.60 million in net income (profit) each year or $1.95 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 2/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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