Shares of Carter’s, Inc. (NYSE:CRI – Get Free Report) have been given an average rating of “Hold” by the nine research firms that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $41.1667.
A number of brokerages have issued reports on CRI. UBS Group reissued a “buy” rating on shares of Carter’s in a report on Wednesday, July 8th. Wells Fargo & Company raised shares of Carter’s from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $30.00 to $42.00 in a report on Wednesday, June 17th. Weiss Ratings cut shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. The Goldman Sachs Group upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price objective for the company in a research report on Thursday, April 9th. Finally, Zacks Research lowered shares of Carter’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th.
Check Out Our Latest Report on CRI
Carter’s Stock Performance
Carter’s (NYSE:CRI – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.26. The business had revenue of $681.11 million during the quarter, compared to analyst estimates of $660.59 million. Carter’s had a return on equity of 13.06% and a net margin of 3.07%.The company’s revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business posted $0.66 EPS. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Analysts anticipate that Carter’s will post 3.09 EPS for the current fiscal year.
Carter’s Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 26th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, May 26th. This represents a $1.00 dividend on an annualized basis and a yield of 2.6%. Carter’s’s dividend payout ratio is currently 40.32%.
Institutional Trading of Carter’s
Institutional investors and hedge funds have recently made changes to their positions in the business. UBS Group AG lifted its position in shares of Carter’s by 29.6% during the 4th quarter. UBS Group AG now owns 1,349,777 shares of the textile maker’s stock valued at $43,773,000 after buying an additional 308,347 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in Carter’s in the 4th quarter worth $906,000. Rubric Capital Management LP raised its position in Carter’s by 121.5% during the first quarter. Rubric Capital Management LP now owns 1,018,853 shares of the textile maker’s stock worth $36,434,000 after acquiring an additional 558,853 shares during the period. Aristides Capital LLC raised its position in Carter’s by 123.3% during the first quarter. Aristides Capital LLC now owns 163,949 shares of the textile maker’s stock worth $5,863,000 after acquiring an additional 90,533 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in Carter’s by 55.5% during the first quarter. Bank of New York Mellon Corp now owns 638,750 shares of the textile maker’s stock valued at $22,842,000 after purchasing an additional 227,935 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.
Recommended Stories
- Five stocks we like better than Carter’s
- DoorDash’s Drone Certification Could Reshape Its Delivery Margins
- 2 Unique Space ETFs That Could Upend the Industry
- Corning Stock Crashes on Earnings, But the Sell-Off Looks Overdone
- Palantir’s Earnings Setup Puts Its AI Growth Story Back on Trial Again
Receive News & Ratings for Carter's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carter's and related companies with MarketBeat.com's FREE daily email newsletter.
