Research Analysts Set Expectations for Cadre FY2025 Earnings

Cadre Holdings, Inc. (NYSE:CDRE) – Analysts at Roth Capital dropped their FY2025 earnings per share (EPS) estimates for shares of Cadre in a research note issued to investors on Thursday, November 6th. Roth Capital analyst M. Koranda now expects that the company will post earnings per share of $1.25 for the year, down from their prior forecast of $1.26. Roth Capital has a “Buy” rating and a $44.00 price target on the stock. The consensus estimate for Cadre’s current full-year earnings is $1.05 per share. Roth Capital also issued estimates for Cadre’s Q4 2025 earnings at $0.46 EPS, Q2 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at $0.49 EPS, FY2026 earnings at $1.44 EPS and FY2027 earnings at $1.55 EPS.

Several other brokerages also recently weighed in on CDRE. Wall Street Zen upgraded Cadre from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. B. Riley reissued a “buy” rating on shares of Cadre in a research report on Thursday. Bank of America cut shares of Cadre from a “neutral” rating to an “underperform” rating and reduced their target price for the company from $38.00 to $26.00 in a report on Wednesday, August 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Cadre in a research note on Wednesday, October 8th. Finally, Lake Street Capital increased their price objective on shares of Cadre from $41.00 to $43.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $37.67.

Cadre Stock Down 3.5%

Shares of NYSE CDRE opened at $43.54 on Friday. The stock has a market cap of $1.77 billion, a P/E ratio of 38.87, a PEG ratio of 1.63 and a beta of 1.36. The business’s fifty day simple moving average is $37.32 and its 200-day simple moving average is $34.09. Cadre has a 12-month low of $27.07 and a 12-month high of $46.64. The company has a current ratio of 3.64, a quick ratio of 2.56 and a debt-to-equity ratio of 0.87.

Cadre (NYSE:CDRE) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.01. The company had revenue of $155.87 million for the quarter, compared to analyst estimates of $158.96 million. Cadre had a net margin of 7.33% and a return on equity of 13.94%. The business’s revenue for the quarter was up 42.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.09 earnings per share. Cadre has set its FY 2025 guidance at EPS.

Institutional Trading of Cadre

Several institutional investors have recently modified their holdings of CDRE. Reinhart Partners LLC. purchased a new position in shares of Cadre in the 3rd quarter valued at $70,205,000. Ophir Asset Management Pty Ltd acquired a new position in Cadre in the second quarter valued at $21,872,000. Select Equity Group L.P. grew its holdings in shares of Cadre by 726.6% during the first quarter. Select Equity Group L.P. now owns 447,337 shares of the company’s stock worth $13,246,000 after purchasing an additional 393,218 shares during the last quarter. Greenhouse Funds LLLP increased its position in shares of Cadre by 8.4% during the second quarter. Greenhouse Funds LLLP now owns 2,743,265 shares of the company’s stock worth $87,373,000 after purchasing an additional 213,298 shares in the last quarter. Finally, Pembroke Management LTD purchased a new stake in shares of Cadre in the 1st quarter valued at about $5,039,000. Hedge funds and other institutional investors own 43.95% of the company’s stock.

Cadre Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 31st will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, October 31st. This represents a $0.38 dividend on an annualized basis and a yield of 0.9%. Cadre’s dividend payout ratio (DPR) is presently 33.93%.

About Cadre

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.