Wolverine World Wide (NYSE:WWW) Releases FY 2026 Earnings Guidance

Wolverine World Wide (NYSE:WWW) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.350-1.500 for the period, compared to the consensus earnings per share estimate of 1.350. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. UBS Group dropped their price objective on shares of Wolverine World Wide from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Zacks Research lowered shares of Wolverine World Wide from a “hold” rating to a “strong sell” rating in a research report on Friday, January 2nd. Robert W. Baird cut their price objective on shares of Wolverine World Wide from $35.00 to $23.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Telsey Advisory Group restated a “market perform” rating and set a $18.00 target price on shares of Wolverine World Wide in a research report on Friday, February 20th. Finally, KeyCorp reduced their price target on Wolverine World Wide from $32.00 to $24.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Wolverine World Wide has an average rating of “Hold” and an average target price of $21.38.

Wolverine World Wide Trading Up 2.6%

Shares of WWW stock opened at $18.03 on Thursday. The company has a market capitalization of $1.48 billion, a PE ratio of 17.34 and a beta of 1.91. Wolverine World Wide has a 52-week low of $9.58 and a 52-week high of $32.80. The business’s fifty day moving average is $18.17 and its 200 day moving average is $22.10. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.79 and a current ratio of 1.34.

Wolverine World Wide (NYSE:WWW) last released its quarterly earnings results on Thursday, February 26th. The textile maker reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. Wolverine World Wide had a return on equity of 31.43% and a net margin of 4.73%.The firm had revenue of $517.50 million for the quarter, compared to analysts’ expectations of $510.49 million. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. On average, equities research analysts anticipate that Wolverine World Wide will post 1.23 EPS for the current fiscal year.

Wolverine World Wide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Wednesday, April 1st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.2%. Wolverine World Wide’s dividend payout ratio is presently 38.46%.

Institutional Investors Weigh In On Wolverine World Wide

Several institutional investors have recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board purchased a new stake in shares of Wolverine World Wide in the 2nd quarter worth about $34,000. Global Retirement Partners LLC boosted its stake in Wolverine World Wide by 2,134.9% during the fourth quarter. Global Retirement Partners LLC now owns 2,883 shares of the textile maker’s stock worth $52,000 after acquiring an additional 2,754 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in Wolverine World Wide by 68.1% in the fourth quarter. Quadrant Capital Group LLC now owns 3,040 shares of the textile maker’s stock worth $55,000 after purchasing an additional 1,232 shares during the period. Larson Financial Group LLC increased its stake in shares of Wolverine World Wide by 13,834.3% during the third quarter. Larson Financial Group LLC now owns 4,877 shares of the textile maker’s stock valued at $134,000 after purchasing an additional 4,842 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Wolverine World Wide during the fourth quarter valued at approximately $151,000. Hedge funds and other institutional investors own 90.25% of the company’s stock.

About Wolverine World Wide

Wolverine World Wide, Inc (NYSE: WWW) is a global footwear and apparel company headquartered in Rockford, Michigan. The company designs, manufactures and markets a diversified portfolio of casual, active and performance lifestyle brands. Wolverine World Wide’s offerings span multiple price points and consumer segments, with products that include outdoor and trail footwear, running shoes, casual sneakers, boat shoes, work boots and related apparel and accessories.

Key brands in Wolverine World Wide’s portfolio include Merrell, an outdoor performance footwear brand; Saucony, known for running shoes and athletic gear; Sperry, which popularized boat shoes; Hush Puppies, a casual and comfort‐oriented line; and Keds, a heritage sneaker label.