S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
NYSE:WWW

Wolverine World Wide - WWW Stock Forecast, Price & News

$16.13
+0.91 (+5.98%)
(As of 01/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$15.22
$16.20
50-Day Range
$9.80
$16.13
52-Week Range
$9.60
$27.43
Volume
2.03 million shs
Average Volume
1.62 million shs
Market Capitalization
$1.27 billion
P/E Ratio
8.27
Dividend Yield
2.62%
Price Target
$19.38

Wolverine World Wide MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
20.1% 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
0.64mentions of Wolverine World Wide in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$1.15 M Bought Last Quarter
Proj. Earnings Growth
15.60%
From $1.41 to $1.63 Per Share

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 stars

Consumer Discretionary Sector

2nd out of 279 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.

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.

WWW Stock News Headlines

WWW.DF - | Stock Price & Latest News | Reuters
Wolverine World Wide (NYSE:WWW) Releases Q4 2022 Earnings Guidance
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks 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.
Wolverine World Wide (NYSE:WWW) Issues FY 2022 Earnings Guidance
22 Largest Hunting Companies in the US
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks 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.
Wolverine Worldwide to Attend ICR Conference
Wolverine World Wide Exec Chmn to Transition to Chmn
See More Headlines
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.

WWW Company Calendar

Last Earnings
11/09/2022
Ex-Dividend for 2/1 Dividend
12/29/2022
Today
1/31/2023
Dividend Payable
2/01/2023
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
+20.1%
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
$2.67 per share
Book Value
$7.82 per share

Miscellaneous

Free Float
75,290,000
Market Cap
$1.27 billion
Optionable
Optionable
Beta
1.55

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 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