Carters(CRI) is having a Dividend Yield of 1.58% with the Annual cash Dividend per share of $1.32. The last quarter cash dividend per share pay out was $0.33. Carters has a 5 year average dividend yield of 0.75% and the stock has a Indicated annual dividend of $1.32. Carters(CRI) formally announced its most recent dividend on November 11, 2016 with a Dividend per share of $0.33. The new indicated annual dividend based on announced dividend per share is $1.32. The dividend yield based on the forward looking indicated annual dividend is 1.58%. Carters(CRI) has the most recent dividend payout ratio of 0.28 with a 5-year average payout ratio of 0.16. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.11. The 5 year historical dividend growth of Carters(CRI) is at the rate of 25.89% while the R-Squared dividend growth is 0.89. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Carters, Inc. (NYSE:CRI) witnessed a decline in the market cap on Thursday as its shares dropped 0.59% or 0.49 points. After the session commenced at $83.84, the stock reached the higher end at $84.32 while it hit a low of $82.8. With the volume soaring to 685,569 shares, the last trade was called at $82.92. The company has a 52-week high of $112.58. The company has a market cap of $4,094 million and there are 49,370,980 shares in outstanding. The 52-week low of the share price is $77.9407. Shares of Carters, Inc. appreciated by 2.27% during the last five trading days but lost 3.58% on a 4-week basis. Carters, Inc. has dropped 10.08% during the last 3-month period . Year-to-Date the stock performance stands at -4.02%.
Currently the company Insiders own 3.1% of Carters, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.1% . Institutional Investors own 94.14% of Carters, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -19.98%. Company has reported several Insider transactions to the SEC, on Nov 29, 2016, Michael Dennis Casey (Chairman and CEO) sold 20,700 shares at 92.69 per share price.On Aug 11, 2016, Richard F. Westenberger (Chief Financial Officer) sold 2,500 shares at 101.00 per share price.On Mar 15, 2016, Brian Lynch (President, Carters, Inc.) sold 7,000 shares at 102.40 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Carter's was Upgraded by Piper Jaffray to Overweight on Feb 14, 2017. Carter's was Initiated by Morgan Stanley to Overweight on Jan 25, 2017. Carter's was Upgraded by Citigroup to Buy on Dec 19, 2016.
Carter's Last issued its quarterly earnings results on Oct 27, 2016. The company reported $1.61 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $1.67. The company had revenue of $901.40 million for the quarter, compared to analysts expectations of $901.99 million. The companys revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.51 EPS.
Carters, Inc. is a leading provider of apparel and related products exclusively for babies and young children. The Company owns the Carters and OshKosh Bgosh brands, two of the most recognized brands in the marketplace. These brands are sold in leading department stores, national chains, and specialty retailers domestically and internationally and through Company-operated stores and on-line at carters.com and oshkoshbgosh.com. The Companys Child of Mine brand is available at Walmart, and its Genuine Kids, Just One You, and Precious Firsts brands are available at Target.