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S&P 500   4,164.00
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The #1 Energy Stock to Buy (Ad)
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Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
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Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
Two Billionaires Are Rigging the Market. Here’s How to Fight Back
The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
The #1 Energy Stock to Buy (Ad)
Why Is Wall Street Loving Amazon So Much? 
Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
NYSE:WWW

Wolverine World Wide - WWW Stock Forecast, Price & News

$15.68
-0.16 (-1.01%)
(As of 02/7/2023 12:00 AM ET)
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Compare
Today's Range
$15.27
$15.80
50-Day Range
$9.80
$16.40
52-Week Range
$9.60
$27.43
Volume
2.53 million shs
Average Volume
1.62 million shs
Market Capitalization
$1.23 billion
P/E Ratio
8.04
Dividend Yield
2.47%
Price Target
$19.38

Wolverine World Wide MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
23.6% Upside
$19.38 Price Target
Short Interest
Healthy
3.39% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.21
Upright™ Environmental Score
News Sentiment
0.69mentions of Wolverine World Wide in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$1.15 M Bought Last Quarter
Proj. Earnings Growth
10.64%
From $1.41 to $1.56 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.99 out of 5 stars

Consumer Discretionary Sector

3rd out of 267 stocks

Footwear, Except Rubber Industry

1st out of 5 stocks

WWW stock logo

About Wolverine World Wide (NYSE:WWW) Stock

Wolverine 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.

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WWW Stock News Headlines

Insiders And Institutions Buy Wolverine Worldwide
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
WWW.DF - | Stock Price & Latest News | Reuters
Wolverine World Wide (NYSE:WWW) Releases Q4 2022 Earnings Guidance
Wolverine World Wide (NYSE:WWW) Issues FY 2022 Earnings Guidance
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
22 Largest Hunting Companies in the US
Wolverine Worldwide to Attend ICR Conference
Wolverine World Wide Exec Chmn to Transition to Chmn
See More Headlines
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WWW Company Calendar

Last Earnings
11/10/2021
Ex-Dividend for 2/1 Dividend
12/29/2022
Dividend Payable
2/01/2023
Today
2/08/2023
Next Earnings (Estimated)
2/22/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
CUSIP
97809710
Employees
4,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.38
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+23.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$68.60 million
Pretax Margin
7.31%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$2.45 per share
Book Value
$7.82 per share

Miscellaneous

Free Float
75,290,000
Market Cap
$1.23 billion
Optionable
Optionable
Beta
1.68

Key Executives

  • Brendan L. Hoffman
    President, Chief Executive Officer & Director
  • James David ZwiersJames David Zwiers
    Group President-Global Operations
  • Michael D. StornantMichael D. Stornant
    Chief Financial Officer, Treasurer & Senior VP
  • Angelo Ng
    Chief Merchant Officer & Senior Vice President
  • Dee Slater
    Chief Investment Officer & SVP-Central Services













WWW Stock - Frequently Asked Questions

Should I buy or sell Wolverine World Wide stock right now?

8 Wall Street 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 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 analysts have issued 12-month target prices for Wolverine World Wide's stock. Their WWW share price forecasts range from $12.00 to $35.00. On average, they anticipate the company's share price to reach $19.38 in the next twelve months. This suggests a possible upside of 23.6% 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 the year. Since then, WWW shares have increased by 43.5% and is now trading at $15.68.
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 trading volume of 1,510,000 shares, the short-interest ratio is currently 1.7 days. Currently, 3.4% of the shares of the stock are sold short.
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) posted 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 analyst estimates 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. Shareholders 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 2.55%. 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 2.47%. 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 25.64% 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 issued an update on its FY 2022 earnings guidance on Saturday, January, 28th. The company provided EPS guidance of $1.41-$1.41 for the period, compared to the consensus EPS 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 shareholders include Diamond Hill Capital Management Inc. (2.44%), New York State Common Retirement Fund (1.19%), Fisher Asset Management LLC (1.17%), State of New Jersey Common Pension Fund D (0.27%), Envestnet Asset Management Inc. (0.11%) and Oppenheimer Asset Management Inc. (0.11%). 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 $15.68.

How much money does Wolverine World Wide make?

Wolverine World Wide (NYSE:WWW) has a market capitalization of $1.23 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 2/8/2023 by MarketBeat.com Staff