Carter’s, Inc. (NYSE:CRI) Receives $37.33 Average Price Target from Analysts

Carter’s, Inc. (NYSE:CRI) has earned a consensus recommendation of “Hold” from the nine brokerages that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $37.3333.

Several research firms recently issued reports on CRI. UBS Group increased their price target on shares of Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Monness Crespi & Hardt upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price target on the stock in a research report on Monday, March 2nd. Needham & Company LLC began coverage on shares of Carter’s in a research report on Thursday, March 26th. They set a “hold” rating on the stock. Zacks Research upgraded shares of Carter’s from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Finally, Citigroup upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and increased their price target for the stock from $34.00 to $50.00 in a research report on Wednesday, January 21st.

Carter’s Stock Performance

NYSE CRI opened at $38.12 on Tuesday. The company has a current ratio of 2.51, a quick ratio of 1.44 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 15.13, a P/E/G ratio of 5.78 and a beta of 0.98. The firm’s 50 day simple moving average is $36.73 and its 200 day simple moving average is $34.20. Carter’s has a 1 year low of $23.38 and a 1 year high of $44.44.

Carter’s (NYSE:CRI) last posted its quarterly earnings results on Friday, February 27th. The textile maker reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.20. The business had revenue of $925.45 million for the quarter, compared to analyst estimates of $912.36 million. Carter’s had a net margin of 3.17% and a return on equity of 14.45%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter last year, the business posted $2.39 EPS. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. As a group, research analysts expect that Carter’s will post 2.99 earnings per share for the current fiscal year.

Carter’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were paid a $0.25 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $1.00 annualized dividend and a yield of 2.6%. Carter’s’s dividend payout ratio is presently 39.68%.

Hedge Funds Weigh In On Carter’s

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. lifted its stake in Carter’s by 21.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,577 shares of the textile maker’s stock valued at $51,000 after purchasing an additional 282 shares during the last quarter. Amalgamated Bank lifted its stake in Carter’s by 3.5% in the 3rd quarter. Amalgamated Bank now owns 10,756 shares of the textile maker’s stock valued at $304,000 after purchasing an additional 360 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Carter’s by 13.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,160 shares of the textile maker’s stock valued at $135,000 after purchasing an additional 479 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Carter’s by 2.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 30,279 shares of the textile maker’s stock valued at $982,000 after purchasing an additional 629 shares during the last quarter. Finally, UMB Bank n.a. lifted its stake in Carter’s by 445.8% in the 4th quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock valued at $25,000 after purchasing an additional 633 shares during the last quarter.

Carter’s Company Profile

Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.