Shares of Carter’s, Inc. (NYSE:CRI – Get Free Report) have received an average rating of “Hold” from the nine ratings firms that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $35.8333.
CRI has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of Carter’s from a “sell” rating to a “hold” rating in a research note on Sunday, January 11th. Zacks Research raised shares of Carter’s from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Needham & Company LLC assumed coverage on Carter’s in a research report on Thursday, March 26th. They set a “hold” rating on the stock. Monness Crespi & Hardt upgraded Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price target for the company in a research note on Monday, March 2nd. Finally, UBS Group lifted their price objective on shares of Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th.
Read Our Latest Report on Carter’s
Carter’s Stock Up 0.9%
Carter’s (NYSE:CRI – Get Free Report) last announced its quarterly earnings results on Friday, February 27th. The textile maker reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.70 by $0.20. The business had revenue of $925.45 million for the quarter, compared to the consensus estimate of $912.36 million. Carter’s had a return on equity of 14.45% and a net margin of 3.17%.The business’s revenue was up 7.7% compared to the same quarter last year. During the same period last year, the business posted $2.39 EPS. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. On average, analysts forecast that Carter’s will post 5.15 earnings per share for the current fiscal year.
Carter’s Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were paid a $0.25 dividend. The ex-dividend date was Friday, March 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.8%. Carter’s’s dividend payout ratio is presently 39.68%.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. RWWM Inc. raised its position in shares of Carter’s by 44.8% in the third quarter. RWWM Inc. now owns 5,900,170 shares of the textile maker’s stock worth $166,503,000 after acquiring an additional 1,824,379 shares during the period. AQR Capital Management LLC grew its position in shares of 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 valued at $77,267,000 after acquiring an additional 1,364,698 shares during the period. Rubric Capital Management LP purchased a new position in shares of Carter’s in the 4th quarter valued at about $14,918,000. Allianz Asset Management GmbH increased its stake in shares of Carter’s by 43.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 1,201,996 shares of the textile maker’s stock valued at $33,920,000 after purchasing an additional 365,501 shares in the last quarter. Finally, Quantinno Capital Management LP raised its holdings in Carter’s by 1,679.7% in the 2nd quarter. Quantinno Capital Management LP now owns 370,791 shares of the textile maker’s stock worth $11,172,000 after purchasing an additional 349,957 shares during the period.
About Carter’s
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
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.
