Shares of Carter’s, Inc. (NYSE:CRI – Get Free Report) have been assigned a consensus rating of “Hold” from the nine analysts that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $41.1667.
Several analysts recently issued reports on the stock. Wall Street Zen raised shares of Carter’s from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Weiss Ratings cut Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Zacks Research lowered shares of Carter’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. UBS Group increased their price target on shares of Carter’s from $40.00 to $41.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Finally, The Goldman Sachs Group upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock in a report on Thursday, April 9th.
View Our Latest Stock Report on Carter’s
Carter’s Price Performance
Carter’s (NYSE:CRI – Get Free Report) last posted its earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.26. The company had revenue of $681.11 million for the quarter, compared to analysts’ expectations of $660.59 million. Carter’s had a return on equity of 13.06% and a net margin of 3.07%.The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period last year, the business posted $0.66 earnings per share. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. On average, research analysts forecast that Carter’s will post 3.09 earnings per share for the current year.
Carter’s Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 26th were given a $0.25 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.5%. Carter’s’s dividend payout ratio (DPR) is currently 40.32%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of CRI. Hantz Financial Services Inc. increased its holdings 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 buying an additional 282 shares during the period. PNC Financial Services Group Inc. increased its stake in Carter’s by 13.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,160 shares of the textile maker’s stock valued at $135,000 after acquiring an additional 479 shares during the period. Mercer Global Advisors Inc. ADV raised its position in Carter’s by 2.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 30,279 shares of the textile maker’s stock worth $982,000 after purchasing an additional 629 shares in the last quarter. UMB Bank n.a. lifted its stake in Carter’s by 445.8% during the fourth quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock worth $25,000 after purchasing an additional 633 shares during the period. Finally, Sound Income Strategies LLC boosted its holdings in Carter’s by 9.9% during the fourth quarter. Sound Income Strategies LLC now owns 7,487 shares of the textile maker’s stock valued at $243,000 after purchasing an additional 673 shares in 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.
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