Carter's (CRI) Stock Price, News & Analysis

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carter's in the last twelve months. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" CRI shares.
View CRI analyst ratings or view top-rated stocks.

5 analysts have issued 1 year price targets for Carter's' stock. Their CRI share price targets range from $66.00 to $80.00. On average, they anticipate the company's stock price to reach $75.75 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price.
View analysts price targets for CRI or view top-rated stocks among Wall Street analysts.

Carter's' stock was trading at $74.89 on January 1st, 2024. Since then, CRI shares have decreased by 4.8% and is now trading at $71.32.
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Carter's saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,310,000 shares, an increase of 17.4% from the February 29th total of 2,820,000 shares. Based on an average daily trading volume, of 745,400 shares, the short-interest ratio is currently 4.4 days. Approximately 9.4% of the company's shares are short sold.
View Carter's' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our CRI earnings forecast.

Carter's, Inc. (NYSE:CRI) announced its quarterly earnings results on Tuesday, February, 27th. The textile maker reported $2.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.24. The textile maker earned $858 million during the quarter, compared to analysts' expectations of $867.81 million. Carter's had a trailing twelve-month return on equity of 28.79% and a net margin of 7.89%. The firm's quarterly revenue was down 5.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.29 earnings per share.

Carter's declared a quarterly dividend on Monday, February 26th. Stockholders of record on Monday, March 11th will be paid a dividend of $0.80 per share on Friday, March 29th. This represents a $3.20 annualized dividend and a dividend yield of 4.49%. The ex-dividend date is Friday, March 8th. This is a boost from the stock's previous quarterly dividend of $0.75.
Read our dividend analysis for CRI.

Carter's (NYSE:CRI) pays an annual dividend of $3.20 per share and currently has a dividend yield of 4.46%. CRI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 51.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRI will have a dividend payout ratio of 46.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CRI.

ETFs with the largest weight of Carter's (NYSE:CRI) stock in their portfolio include Sound Equity Dividend Income ETF (DIVY), Sound Equity Income ETF (SDEI), Alpha Architect U.S. Quantitative Value ETF (QVAL), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Harbor Small Cap Explorer ETF (QWST) and WisdomTree U.S. SmallCap Dividend Fund (DES).Royce Quant Small-Cap Quality Value ETF (SQLV).

Carter's issued an update on its first quarter earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of $0.60-$0.70 for the period, compared to the consensus EPS estimate of $1.11. The company issued revenue guidance of $620-$645 million, compared to the consensus revenue estimate of $695.85 million.

469 employees have rated Carter's Chief Executive Officer Mike Casey on Glassdoor.com. Mike Casey has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Carter's investors own include CVS Health (CVS), Cisco Systems (CSCO), Home Depot (HD), Intel (INTC), QUALCOMM (QCOM), Starbucks (SBUX), Skyworks Solutions (SWKS), Alphabet (GOOG), Walt Disney (DIS) and Netflix (NFLX).

Carter's' stock is owned by a variety of retail and institutional investors. Top institutional investors include Reinhart Partners LLC. (0.76%), Sound Income Strategies LLC (0.27%), ARGA Investment Management LP (0.03%), Hennion & Walsh Asset Management Inc. (0.01%) and Park Avenue Securities LLC (0.01%). Insiders that own company stock include Ben Pivar, Brian Lynch, Jeff Jenkins, Jill Wilson, Julie D'emilio, Kendra Krugman, Mark Hipp, Michael Dennis Casey, Richard F Westenberger and William J Montgoris.
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Shares of CRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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