S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
3 Value Stocks Too Small For Buffett’s Portfolio
Stock market today: Asian shares are mostly higher after another set of Wall St records
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
How major US stock indexes fared Thursday, 3/28/2024
MillerKnoll, Chemours fall; Verint Systems, RH rise, Thursday, 3/28/2024
NYSE:WWW

Wolverine World Wide (WWW) Stock Price, News & Analysis

$11.21
+0.03 (+0.27%)
(As of 03/28/2024 ET)
Today's Range
$11.04
$11.34
50-Day Range
$8.10
$11.29
52-Week Range
$7.21
$17.85
Volume
684,041 shs
Average Volume
805,617 shs
Market Capitalization
$895.79 million
P/E Ratio
N/A
Dividend Yield
3.57%
Price Target
$10.63

Wolverine World Wide MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.86 Rating Score
Upside/​Downside
5.2% Downside
$10.63 Price Target
Short Interest
Bearish
6.71% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.21
Upright™ Environmental Score
News Sentiment
0.67mentions of Wolverine World Wide in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
61.04%
From $0.77 to $1.24 Per Share

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.

2.02 out of 5 stars

Consumer Discretionary Sector

210th out of 273 stocks

Footwear, Except Rubber Industry

5th out of 6 stocks

WWW stock logo

About Wolverine World Wide Stock (NYSE:WWW)

Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through Active Group and Work Group segments. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots. The company sources and markets a range of footwear and apparel styles, including shoes, boots and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Merrell, Saucony, Sperry, Keds, Sweaty Betty, and Wolverine brands; and licenses under the Stride Rite brand. It also markets Merrell and Wolverine branded apparel and accessories, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; and Wolverine branded eyewear and gloves. In addition, the company markets pigskin leather under the Wolverine Leather division; sourcing division provides consulting services related to product development, production control, quality assurance, materials procurement, compliance, and other service; and multi-brand direct-to-consumer division includes retail stores that sell footwear and apparel of its brand portfolio. Further, it sells its products to department stores, national chains, catalog and specialty retailers, independent retailers, uniform outlets, and mass merchant and government customers through retail stores, third-party licensees and distributors, and joint ventures; and operates brick and mortar retails stores, and e-commerce sites. Additionally, the company operates through a network of retail stores and e-commerce sites. Wolverine World Wide, Inc. was founded in 1883 and is headquartered in Rockford, Michigan.

WWW Stock Price History

WWW Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Wolverine World Wide (NYSE:WWW) Shares Gap Down to $10.67
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Saucony® Signs Pro Runner Vanessa Fraser
Saucony® Unveils Updated Endorphin Speed 4
See More Headlines
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Company Calendar

Ex-Dividend for 2/1 Dividend
12/29/2023
Dividend Payable
2/01/2024
Last Earnings
2/21/2024
Ex-Dividend for 5/1 Dividend
3/28/2024
Today
3/29/2024
Dividend Payable
5/01/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
CUSIP
97809710
Employees
4,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.63
High Stock Price Target
$15.00
Low Stock Price Target
$7.00
Potential Upside/Downside
-5.2%
Consensus Rating
Reduce
Rating Score (0-4)
1.86
Research Coverage
7 Analysts

Profitability

Net Income
$-39,600,000.00
Pretax Margin
-5.98%

Debt

Sales & Book Value

Annual Sales
$2.24 billion
Cash Flow
$0.52 per share
Book Value
$3.77 per share

Miscellaneous

Free Float
78,089,000
Market Cap
$895.79 million
Optionable
Optionable
Beta
1.74
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WWW Stock Analysis - Frequently Asked Questions

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

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last year. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" WWW shares.
View WWW analyst ratings
or view top-rated stocks.

What is Wolverine World Wide's stock price target for 2024?

7 equities research analysts have issued 12-month price targets for Wolverine World Wide's stock. Their WWW share price targets range from $7.00 to $15.00. On average, they anticipate the company's share price to reach $10.63 in the next year. This suggests that the stock has a possible downside of 5.2%.
View analysts price targets for WWW
or view top-rated stocks among Wall Street analysts.

How have WWW shares performed in 2024?

Wolverine World Wide's stock was trading at $8.89 at the start of the year. Since then, WWW stock has increased by 26.1% and is now trading at $11.21.
View the best growth stocks for 2024 here
.

When is Wolverine World Wide's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our WWW earnings forecast
.

How were Wolverine World Wide's earnings last quarter?

Wolverine World Wide, Inc. (NYSE:WWW) posted its earnings results on Wednesday, February, 21st. The textile maker reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.27) by $0.03. The textile maker earned $526.70 million during the quarter, compared to analysts' expectations of $520.12 million. Wolverine World Wide had a positive trailing twelve-month return on equity of 1.45% and a negative net margin of 1.77%. The firm's revenue was down 20.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.15) EPS.

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, February 7th. Investors of record on Monday, April 1st will be paid a dividend of $0.10 per share on Wednesday, May 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date of this dividend is Thursday, March 28th.
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 3.55%.
Read our dividend analysis for WWW.

What ETF holds Wolverine World Wide's stock?

Invesco S&P SmallCap 600 Pure Value ETF holds 190,600 shares of WWW stock, representing 0.93% of its portfolio.

What guidance has Wolverine World Wide issued on next quarter's earnings?

Wolverine World Wide issued an update on its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of $0.65 to $0.85 for the period, compared to the consensus earnings per share estimate of $0.84. The company issued revenue guidance of $1.70 billion to $1.75 billion, compared to the consensus revenue estimate of $1.98 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).

Who are Wolverine World Wide's major shareholders?

Wolverine World Wide's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.01%), Vanguard Group Inc. (11.98%), Charles Schwab Investment Management Inc. (2.23%), Dimensional Fund Advisors LP (1.36%), New York State Common Retirement Fund (1.08%) and Northern Trust Corp (1.03%). 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 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WWW) was last updated on 3/29/2024 by MarketBeat.com Staff

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