Carter’s, Inc. (NYSE:CRI) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Carter’s, Inc. (NYSE:CRI) have received a consensus recommendation of “Hold” from the nine analysts that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $39.6667.

Several research firms recently weighed in on CRI. Weiss Ratings lowered shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Zacks Research upgraded shares of Carter’s from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Wall Street Zen upgraded shares of Carter’s from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Citigroup upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and lifted their target price for the company from $34.00 to $50.00 in a report on Wednesday, January 21st. Finally, Wells Fargo & Company lifted their target price on shares of Carter’s from $28.00 to $33.00 and gave the company an “underweight” rating in a report on Wednesday, April 29th.

Institutional Investors Weigh In On Carter’s

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CRI. RWWM Inc. increased its stake in Carter’s by 44.8% during the 3rd quarter. RWWM Inc. now owns 5,900,170 shares of the textile maker’s stock worth $166,503,000 after buying an additional 1,824,379 shares during the period. AQR Capital Management LLC increased its stake in Carter’s by 113.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock worth $77,267,000 after buying an additional 1,364,698 shares during the period. Dimensional Fund Advisors LP increased its stake in Carter’s by 36.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,765,205 shares of the textile maker’s stock worth $63,121,000 after buying an additional 472,786 shares during the period. Rubric Capital Management LP purchased a new stake in Carter’s during the 4th quarter worth $14,918,000. Finally, Allianz Asset Management GmbH increased its stake in Carter’s by 43.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,201,996 shares of the textile maker’s stock worth $33,920,000 after buying an additional 365,501 shares during the period.

Carter’s Stock Performance

NYSE:CRI opened at $33.46 on Friday. The company has a current ratio of 2.80, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 13.49 and a beta of 0.86. The firm’s fifty day simple moving average is $35.47 and its 200 day simple moving average is $34.72. Carter’s has a twelve month low of $23.38 and a twelve month high of $44.44.

Carter’s (NYSE:CRI) last posted its earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.26. The business had revenue of $681.11 million for the quarter, compared to analyst estimates of $660.59 million. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.66 EPS. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. As a group, equities research analysts expect that Carter’s will post 3.06 earnings per share for the current fiscal year.

Carter’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 26th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $1.00 annualized dividend and a yield of 3.0%. Carter’s’s payout ratio is 40.32%.

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.