Cato Corporation (The) (CATO) Given News Sentiment Rating of 0.16
News headlines about Cato Corporation (The) (NYSE:CATO) have been trending somewhat positive on Friday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cato Corporation (The) earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the specialty retailer an impact score of 47.3021796191634 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern’s rankings:
- The Cato Corp. :CATO-US: Earnings Analysis: Q3, 2018 By the Numbers : November 23, 2017 (finance.yahoo.com)
- Does Trump Have an Ulterior Motive in Trying to Block the AT&T Merger? (alternet.org)
- Conservative Health Reformers Set Sights on Veterans’ Care (nationaljournal.com)
- Corruption and the Rule of Law: How Brazil Strengthened Its Legal System (cato.org)
- Most U.S. Military Troops Aren’t Where You Think (ozy.com)
CATO has been the subject of several research analyst reports. BidaskClub raised shares of Cato Corporation (The) from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 27th. TheStreet lowered shares of Cato Corporation (The) from a “c” rating to a “d+” rating in a research note on Thursday, August 17th.
Cato Corporation (CATO) opened at $15.84 on Friday. The firm has a market cap of $368.70, a PE ratio of 35.20 and a beta of 1.12. Cato Corporation has a 12 month low of $12.20 and a 12 month high of $32.37.
Cato Corporation (The) (NYSE:CATO) last announced its earnings results on Thursday, November 16th. The specialty retailer reported $0.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.03. The company had revenue of $190.30 million during the quarter, compared to analyst estimates of $188.00 million. Cato Corporation (The) had a net margin of 1.31% and a return on equity of 3.04%. Cato Corporation (The)’s revenue was down 9.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.30 earnings per share.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Monday, December 11th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 8.33%. The ex-dividend date is Friday, December 8th. Cato Corporation (The)’s dividend payout ratio (DPR) is presently 293.33%.
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Cato Corporation (The) Company Profile
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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