Cato (CATO) Earns Daily Media Impact Rating of 0.20
News headlines about Cato (NYSE:CATO) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cato earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news headlines about the specialty retailer an impact score of 45.9592968708158 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern’s scoring:
- Holiday Retail Sales End on a High Note (apparelnews.net)
- Tax Cuts as a Route to Cutting Social Security (counterpunch.org)
- Fashion Retailer Cato Corp. Isn’t Dressed for Success (finance.yahoo.com)
- Cato Corp Same-Store Sales Decrease by 9% in December (NYSE:CATO) (americanbankingnews.com)
- Serfing USA: New ‘Bracero’ Bill Could Cut Agriculture Workers’ Rights And Wages (ibtimes.com)
Shares of Cato (NYSE:CATO) opened at $13.11 on Monday. The firm has a market cap of $305.15, a P/E ratio of 29.13 and a beta of 1.21. Cato has a 52-week low of $12.20 and a 52-week high of $27.78.
The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Monday, December 11th were given a $0.33 dividend. The ex-dividend date was Friday, December 8th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.07%. Cato’s dividend payout ratio is 293.33%.
Several brokerages have recently issued reports on CATO. TheStreet raised shares of Cato from a “d+” rating to a “c-” rating in a research note on Wednesday, December 6th. BidaskClub upgraded shares of Cato from a “strong sell” rating to a “sell” rating in a research report on Saturday, November 11th.
The Cato Corporation is a fashion specialty retailer. The Company’s merchandise lines include dressy, career, and casual sportswear, dresses, coats, shoes, lingerie, costume jewelry, handbags, men’s wear and lines for kids and newborns. The Company has two segments: the operation of a fashion specialty stores segment (Retail Segment) and a credit card segment (Credit Segment).
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