NYSE:CATO

Cato (CATO) Stock Price, News & Analysis

$5.10
+0.06 (+1.19%)
(As of 04/22/2024 ET)
Today's Range
$5.01
$5.18
50-Day Range
$4.77
$7.00
52-Week Range
$4.72
$8.91
Volume
144,873 shs
Average Volume
106,415 shs
Market Capitalization
$104.91 million
P/E Ratio
N/A
Dividend Yield
13.33%
Price Target
N/A

Cato MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
7.41% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.35mentions of Cato in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.21 out of 5 stars

Retail/Wholesale Sector

191st out of 197 stocks

Womens' Clothing Stores Industry

4th out of 5 stocks

CATO stock logo

About Cato Stock (NYSE:CATO)

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants. It operates its stores and e-commerce websites under the Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro, and Versona names. It also provides credit card services to its customers, as well as layaway plans for customers. The Cato Corporation was incorporated in 1946 and is headquartered in Charlotte, North Carolina.

CATO Stock Price History

CATO Stock News Headlines

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A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
The issue with ‘migrant crime’
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Taking care of the world’s storytellers
Cato Networks: Cato Shatters SASE Speed Record
Cato Shatters SASE Speed Record
Four murder suspects shot dead in KZN
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Ex-Dividend for 4/1 Dividend
3/25/2024
Dividend Payable
4/01/2024
Today
4/22/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Womens' clothing stores
Sub-Industry
Apparel Retail
CUSIP
14920510
Employees
7,300
Year Founded
1946

Profitability

Net Income
$-23,940,000.00
Pretax Margin
-1.95%

Debt

Sales & Book Value

Annual Sales
$708.06 million
Book Value
$9.35 per share

Miscellaneous

Free Float
17,156,000
Market Cap
$104.91 million
Optionable
Optionable
Beta
1.05

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Key Executives

  • Mr. John P. Derham Cato (Age 74)
    Chairman, President & CEO
    Comp: $1.75M
  • Mr. Charles D. Knight (Age 59)
    Executive VP & CFO
    Comp: $456.12k
  • Mr. Gordon D. Smith (Age 68)
    Executive VP and Chief Real Estate & Store Development Officer
    Comp: $440.01k
  • J. Gregory Fagan
    VP & General Counsel
  • Mr. Stephen Headley
    Senior Vice President of Sourcing & MDSE Support
  • Mr. Jeffrey R. Shock
    Senior VP & Controller
  • Mr. Stevens M. Staes
    Secretary
  • Ms. Christin J. Reische
    Assistant Secretary

CATO Stock Analysis - Frequently Asked Questions

How have CATO shares performed in 2024?

Cato's stock was trading at $7.14 at the start of the year. Since then, CATO shares have decreased by 28.6% and is now trading at $5.10.
View the best growth stocks for 2024 here
.

Are investors shorting Cato?

Cato saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,260,000 shares, an increase of 46.5% from the March 15th total of 860,200 shares. Based on an average daily trading volume, of 104,200 shares, the days-to-cover ratio is presently 12.1 days. Currently, 7.4% of the company's shares are short sold.
View Cato's Short Interest
.

When is Cato's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our CATO earnings forecast
.

How were Cato's earnings last quarter?

The Cato Co. (NYSE:CATO) announced its earnings results on Thursday, March, 21st. The specialty retailer reported ($1.14) earnings per share for the quarter. The specialty retailer earned $174.88 million during the quarter. Cato had a negative trailing twelve-month return on equity of 11.11% and a negative net margin of 3.38%.

How often does Cato pay dividends? What is the dividend yield for Cato?

Cato announced a quarterly dividend on Friday, March 1st. Shareholders of record on Tuesday, March 26th will be given a dividend of $0.17 per share on Monday, April 1st. This represents a $0.68 annualized dividend and a dividend yield of 13.33%. The ex-dividend date is Monday, March 25th.
Read our dividend analysis for CATO
.

Is Cato a good dividend stock?

Cato (NYSE:CATO) pays an annual dividend of $0.68 per share and currently has a dividend yield of 13.49%. CATO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CATO.

What is John P. Derham Cato's approval rating as Cato's CEO?

229 employees have rated Cato Chief Executive Officer John P. Derham Cato on Glassdoor.com. John P. Derham Cato has an approval rating of 45% among the company's employees. This puts John P. Derham Cato in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Cato own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cato investors own include AT&T (T), Kohl's (KSS), Pfizer (PFE), Freeport-McMoRan (FCX), International Business Machines (IBM), Verizon Communications (VZ), Bed Bath & Beyond (BBBY), Bristol-Myers Squibb (BMY), CVS Health (CVS) and Ford Motor (F).

How do I buy shares of Cato?

Shares of CATO 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.
Compare Top Brokerages Here.

This page (NYSE:CATO) was last updated on 4/23/2024 by MarketBeat.com Staff

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