About Wolverine World Wide (NYSE:WWW)
Wolverine World Wide, Inc. is a designer, manufacturer and marketer of a range of casual footwear and apparel, outdoor and athletic footwear and apparel, children's footwear, industrial work boots and apparel, and uniform shoes and boots. It operates in four segments: Wolverine Outdoor & Lifestyle Group, which offers Merrell footwear and apparel, Cat footwear, Hush Puppies footwear and apparel, and Chaco footwear; Wolverine Boston Group, which offers Sperry footwear and apparel, Saucony footwear and apparel, and Keds footwear and apparel; Wolverine Heritage Group, which offers Wolverine footwear and apparel, Bates uniform footwear, Harley-Davidson footwear and HyTest safety footwear, and Wolverine Multi-Brand Group, which offers Stride Rite footwear and apparel, and its multi-brand consumer-direct businesses. It also operates a performance leather business. The Wolverine Leathers Division markets pigskin leather for use primarily in the footwear industry.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Men's Footwear
- Sub-Industry: Footwear
- Symbol: NYSE:WWW
- CUSIP: 97809710
- Web: www.wolverineworldwide.com
Capitalization:- Market Cap: $2.78988 billion
- Outstanding Shares: 96,636,000
Average Prices:- 50 Day Moving Avg: $27.86
- 200 Day Moving Avg: $26.47
- 52 Week Range: $20.58 - $29.62
P/E:- Trailing P/E Ratio: 33.92
- Foreward P/E Ratio: 15.61
- P/E Growth: 1.74
Sales & Book Value:- Annual Revenue: $2.52 billion
- Price / Sales: 1.11
- Book Value: $10.35 per share
- Price / Book: 2.79
Dividend:- Annual Dividend: $0.24
- Dividend Yield: 0.8%
Profitability:- EBITDA: $270.9 million
- Net Margins: 3.32%
- Return on Equity: 15.81%
- Return on Assets: 6.30%
Debt:- Debt-to-Equity Ratio: 0.75%
- Current Ratio: 2.81%
- Quick Ratio: 1.95%
Misc:- Average Volume: 624,529 shs.
- Beta: 0.98
- Short Ratio: 14.72
Frequently Asked Questions for Wolverine World Wide (NYSE:WWW)
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 announced a quarterly dividend on Wednesday, August 2nd. Stockholders of record on Monday, October 2nd will be paid a dividend of $0.06 per share on Wednesday, November 1st. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date is Friday, September 29th. View Wolverine World Wide's Dividend History.
How were Wolverine World Wide's earnings last quarter?
Wolverine World Wide, Inc. (NYSE:WWW) announced its quarterly earnings data on Wednesday, August, 9th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.14. The business had revenue of $598.80 million for the quarter, compared to analyst estimates of $573.78 million. Wolverine World Wide had a net margin of 3.32% and a return on equity of 15.81%. Wolverine World Wide's revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.26 EPS. View Wolverine World Wide's Earnings History.
When will Wolverine World Wide make its next earnings announcement?
What guidance has Wolverine World Wide issued on next quarter's earnings?
Wolverine World Wide issued an update on its FY17 earnings guidance on Wednesday, August, 9th. The company provided EPS guidance of $1.55-1.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.55. The company issued revenue guidance of $2.32-2.37, compared to the consensus revenue estimate of $2.34 billion.
Where is Wolverine World Wide's stock going? Where will Wolverine World Wide's stock price be in 2017?
10 equities research analysts have issued 1 year price objectives for Wolverine World Wide's shares. Their forecasts range from $8.00 to $32.00. On average, they expect Wolverine World Wide's stock price to reach $24.56 in the next year. View Analyst Ratings for Wolverine World Wide.
What are 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 WORLD WIDE INC. Wolverine World Wide, Inc. designs, manufactures, distributes and markets various brands and styles of footwear. The wide variety of footwear sold by the Company includes casual shoes, slippers, moccasins, dress shoes, boots, uniform shoes and work boots and shoes. The Company is also a domestic tanner of pigskin. " (8/12/2017)
- 2. Wedbush analysts commented, "Last night, WWW issued a press release regarding a key hire and commented briefly on 4Q16 results. We believe both announcements should provide support to the stock after recent sector concerns around the 4Q and potentially the outlook for FY17. Our overall view is that the company is making progress in improving not only its operating structure but also its product development, neither of which we believe is properly reflected in the stock price. We are reiterating our OUTPERFORM rating and $30 price target." (2/7/2017)
Who are some of Wolverine World Wide's key competitors?
Some companies that are related to Wolverine World Wide include Mattel (MAT), Skechers U.S.A. (SKX), H&R Block (HRB), Brunswick Corporation (BC), Six Flags Entertainment Corporation New (SIX), The Madison Square Garden Company (MSG), SJM Holdings (SJMHF), Bright Horizons Family Solutions (BFAM), Pool Corporation (POOL), International Game Technology (IGT), Carter's (CRI), Cable One (CABO), Cinemark Holdings (CNK), Mediaset SpA (MDIUY), Hilton Grand Vacations (HGV), Extended Stay America (STAY), Choice Hotels International (CHH) and Liberty Global PLC (LILAK).
Who are Wolverine World Wide's key executives?
Wolverine World Wide's management team includes the folowing people:
- Blake W. Krueger, Chairman of the Board, President, Chief Executive Officer
- Michael Jeppesen, President - Global Operations Group Global Operations Group and Wolverine Heritage Group
- Michael D. Stornant, Chief Financial Officer, Senior Vice President, Treasurer
- Todd Spaletto, President - Wolverine Outdoor and Lifestyle Group
- Richard J Woodworth, President - Wolverine Boston Group
- James D. Zwiers, Executive Vice President, Senior Vice President; President, Wolverine Outdoor & Lifestyle Group
- Brendan M. Gibbons, Senior Vice President, General Counsel, Secretary
- Amy M. Klimek, Senior Vice President - Global Human Resources
- Christopher E. Hufnagel, Senior Vice President - Strategy
- David T. Kollat, Lead Independent Director
Who owns Wolverine World Wide stock?
Wolverine World Wide's stock is owned by a variety of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.14%). Company insiders that own Wolverine World Wide stock include Jeffrey M Boromisa and William K Gerber. View Institutional Ownership Trends for Wolverine World Wide.
Who bought Wolverine World Wide stock? Who is buying Wolverine World Wide stock?
How do I buy Wolverine World Wide stock?
Shares of Wolverine World Wide can be purchased through any online brokerage account. Popular online brokerages 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 Wolverine World Wide stock can currently be purchased for approximately $28.87.
MarketBeat Community Rating for Wolverine World Wide (NYSE WWW)MarketBeat's community ratings are surveys of what our community members think about Wolverine World Wide and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Wolverine World Wide (NYSE:WWW) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 7 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.10) |
| Consensus Price Target: | $24.56 (14.92% downside) |
Consensus Price Target History for Wolverine World Wide (NYSE:WWW)
Analysts' Ratings History for Wolverine World Wide (NYSE:WWW)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/11/2017 | KeyCorp | Reiterated Rating | Hold | | N/A |  |
| 10/5/2017 | Pivotal Research | Initiated Coverage | Hold | $32.00 | N/A | |
| 9/25/2017 | Morgan Stanley | Boost Price Target | Equal Weight | $22.50 -> $24.50 | Low | |
| 9/17/2017 | Robert W. Baird | Reiterated Rating | Buy | $32.00 | Medium | |
| 8/9/2017 | Piper Jaffray Companies | Set Price Target | Hold | $25.00 | High | |
| 5/13/2017 | B. Riley | Reiterated Rating | Neutral | $28.00 | Medium | |
| 5/11/2017 | Wedbush | Boost Price Target | Outperform | $7.00 -> $8.00 | Low | |
| 5/11/2017 | Telsey Advisory Group | Boost Price Target | Market Perform -> Market Perform | $26.00 -> $29.00 | High | |
| 2/4/2017 | Pacific Crest | Downgrade | Hold | | N/A | |
| 12/19/2016 | Susquehanna Bancshares Inc | Reiterated Rating | Sell | $18.00 | N/A | |
| 8/3/2016 | Argus | Reiterated Rating | Buy | | N/A | |
| 4/27/2016 | Sterne Agee CRT | Downgrade | Neutral -> Underperform | $15.00 | N/A | |
| 4/12/2016 | Stifel Nicolaus | Reiterated Rating | Buy | $25.00 | N/A | |
| 2/26/2016 | DA Davidson | Boost Price Target | Neutral | $17.00 -> $18.00 | N/A | |
| 1/21/2016 | Goldman Sachs Group, Inc. (The) | Lower Price Target | | $23.00 -> $18.00 | N/A | |
(Data available from 10/22/2015 forward)
Earnings History for Wolverine World Wide (NYSE:WWW)Earnings History by Quarter for Wolverine World Wide (NYSE WWW)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | $0.37 | | | | | N/A | |
| 8/9/2017 | Q2 2017 | $0.29 | $0.43 | $573.78 million | $598.80 million | View | Listen | |
| 5/10/2017 | Q1 2017 | $0.31 | $0.37 | $557.53 million | $591.30 million | View | N/A | |
| 2/22/2017 | Q416 | $0.31 | $0.33 | $714.22 million | $729.60 million | View | Listen | |
| 10/18/2016 | Q316 | $0.48 | $0.49 | $631.09 million | $603.70 million | View | Listen | |
| 7/26/2016 | Q216 | $0.23 | $0.25 | $578.99 million | $583.70 million | View | Listen | |
| 5/3/2016 | Q116 | $0.22 | $0.29 | $567.47 million | $577.60 million | View | N/A | |
| 2/23/2016 | Q415 | $0.28 | $0.33 | $751.35 million | $751.20 million | View | Listen | |
| 10/20/2015 | Q315 | $0.48 | $0.48 | $681.26 million | $678.90 million | View | Listen | |
| 7/21/2015 | Q215 | $0.20 | $0.27 | $618.84 million | $630.10 million | View | Listen | |
| 4/28/2015 | Q115 | $0.34 | $0.37 | $643.69 million | $631.40 million | View | N/A | |
| 2/17/2015 | Q414 | $0.30 | $0.30 | $806.60 million | $808.90 million | View | N/A | |
| 10/14/2014 | Q314 | $0.59 | $0.63 | $720.34 million | $711.10 million | View | Listen | |
| 7/15/2014 | Q214 | $0.27 | $0.31 | $608.50 million | $613.50 million | View | N/A | |
| 4/29/2014 | Q114 | $0.30 | $0.38 | $625.42 million | $627.60 million | View | N/A | |
| 2/18/2014 | Q413 | $0.20 | $0.22 | $743.93 million | $740.80 million | View | N/A | |
| 10/8/2013 | Q313 | $1.02 | $1.16 | $712.31 million | $716.70 million | View | N/A | |
| 7/9/2013 | Q2 2013 | $0.34 | $0.46 | $591.03 million | $587.80 million | View | Listen | |
| 4/16/2013 | Q1 2013 | $0.55 | $0.81 | $633.78 million | $645.90 million | View | Listen | |
| 2/19/2013 | Q4 2012 | $0.17 | $0.48 | $654.55 million | $652.25 million | View | Listen | |
| 10/16/2012 | | $0.73 | $0.72 | | | View | N/A | |
| 7/10/2012 | | $0.44 | $0.41 | | | View | N/A | |
| 4/23/2012 | | $0.55 | $0.64 | | | View | N/A | |
| 1/30/2012 | | $0.44 | $0.47 | | | View | N/A | |
| 10/3/2011 | | $0.75 | $0.82 | | | View | N/A | |
| 7/12/2011 | | $0.46 | $0.48 | | | View | N/A | |
| 4/19/2011 | | $0.66 | $0.72 | | | View | N/A | |
| 2/1/2011 | | $0.46 | $0.52 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Wolverine World Wide (NYSE:WWW)2017 EPS Consensus Estimate: $1.44
2018 EPS Consensus Estimate: $1.88
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | $0.30 | $0.32 | $0.31 |
| Q2 2017 | 4 | $0.28 | $0.29 | $0.29 |
| Q3 2017 | 4 | $0.36 | $0.55 | $0.41 |
| Q4 2017 | 4 | $0.38 | $0.47 | $0.43 |
| Q1 2018 | 1 | $0.45 | $0.45 | $0.45 |
| Q2 2018 | 1 | $0.52 | $0.52 | $0.52 |
| Q3 2018 | 1 | $0.43 | $0.43 | $0.43 |
| Q4 2018 | 1 | $0.48 | $0.48 | $0.48 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Wolverine World Wide (NYSE:WWW)| Next Dividend: | 11/1/2017 |
| Annual Dividend: | $0.24 |
| Dividend Yield: | 0.83% |
| Dividend Growth: | 4.60% (3 Year Average) |
| Payout Ratio: | 28.24% (Trailing 12 Months of Earnings)
14.91% (Based on This Year's Estimates)
12.97% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Wolverine World Wide (NYSE WWW)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/2/2017 | quarterly | $0.06 | 0.87% | 9/29/2017 | 10/2/2017 | 11/1/2017 |
| 5/3/2017 | quarterly | $0.06 | 1.01% | 6/29/2017 | 7/3/2017 | 8/1/2017 |
| 2/8/2017 | quarterly | $0.06 | 1.04% | 3/30/2017 | 4/3/2017 | 5/1/2017 |
| 12/7/2016 | quarterly | $0.06 | 0.96% | 12/28/2016 | 1/2/2017 | 2/1/2017 |
| 7/14/2016 | quarterly | $0.06 | 1.04% | 9/29/2016 | 10/3/2016 | 11/1/2016 |
| 4/20/2016 | quarterly | $0.06 | 1.25% | 6/29/2016 | 7/1/2016 | 8/1/2016 |
| 2/11/2016 | quarterly | $0.06 | 1.44% | 3/30/2016 | 4/1/2016 | 5/2/2016 |
| 12/9/2015 | quarterly | $0.06 | 1.35% | 12/30/2015 | 1/4/2016 | 2/1/2016 |
| 7/8/2015 | quarterly | $0.06 | 0.83% | 9/29/2015 | 10/1/2015 | 11/2/2015 |
| 4/21/2015 | quarterly | $0.06 | 0.73% | 6/29/2015 | 7/1/2015 | 8/3/2015 |
| 2/12/2015 | quarterly | $0.06 | 0.83% | 3/30/2015 | 4/1/2015 | 5/1/2015 |
| 12/10/2014 | quarterly | $0.06 | 0.83% | 12/30/2014 | 1/2/2015 | 2/2/2015 |
| 7/10/2014 | quarterly | $0.06 | 0.92% | 9/29/2014 | 10/1/2014 | 11/3/2014 |
| 4/22/2014 | quarterly | $0.06 | 0.88% | 6/27/2014 | 7/1/2014 | 8/1/2014 |
| 2/12/2014 | quarterly | $0.06 | 0.85% | 3/28/2014 | 4/1/2014 | 5/1/2014 |
| 12/11/2013 | quarterly | $0.06 | 0.75% | 12/30/2013 | 1/2/2014 | 2/3/2014 |
| 7/11/2013 | quarterly | $0.06 | 0.41% | 9/27/2013 | 10/1/2013 | 11/1/2013 |
| 4/18/2013 | quarterly | $0.12 | 1.04% | 6/27/2013 | 7/1/2013 | 8/1/2013 |
| 2/7/2013 | quarterly | $0.12 | 1.11% | 3/27/2013 | 4/1/2013 | 5/1/2013 |
| 12/13/2012 | quarterly | $0.12 | 1.19% | 12/28/2012 | 1/2/2013 | 2/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Wolverine World Wide (NYSE:WWW)Insider Ownership Percentage: 5.65%
Institutional Ownership Percentage: 90.84%
Insider Trades by Quarter for Wolverine World Wide (NYSE:WWW)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 11/7/2016 | William K Gerber | Director | Sell | 2,162 | $21.88 | $47,304.56 | |
| 10/29/2015 | Jeffrey M Boromisa | Director | Buy | 2,500 | $18.48 | $46,200.00 | |
| 11/7/2014 | James D Zwiers | SVP | Sell | 20,200 | $27.17 | $548,834.00 | |
| 5/13/2014 | William Gerber | Director | Sell | 2,020 | $26.26 | $53,045.20 | |
| 3/3/2014 | Alberto Grimoldi | Director | Sell | 48,312 | $26.01 | $1,256,595.12 | |
| 2/28/2014 | David Kollat | Director | Sell | 10,052 | $26.32 | $264,568.64 | |
| 2/24/2014 | Brenda Lauderback | Director | Sell | 17,352 | $26.19 | $454,448.88 | |
| 12/12/2013 | Shirley Peterson | Director | Sell | 3,000 | $32.10 | $96,300.00 | |
| 11/21/2013 | Michael Volkema | Director | Sell | 16,180 | $31.00 | $501,580.00 | |
| 5/14/2013 | William K Gerber | Director | Sell | 1,031 | $51.68 | $53,282.08 | |
(Data available from 1/1/2013 forward)
Headline Trends for Wolverine World Wide (NYSE:WWW)
Latest Headlines for Wolverine World Wide (NYSE:WWW)
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Wolverine World Wide (WWW) Chart for Sunday, October, 22, 2017
