Zacks Research Has Bullish Estimate for Carter’s Q2 Earnings

Carter’s, Inc. (NYSE:CRI) – Equities researchers at Zacks Research boosted their Q2 2026 earnings per share (EPS) estimates for shares of Carter’s in a report released on Friday, March 20th. Zacks Research analyst Team now anticipates that the textile maker will post earnings of $0.14 per share for the quarter, up from their previous forecast of $0.12. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Carter’s’ current full-year earnings is $5.15 per share. Zacks Research also issued estimates for Carter’s’ FY2027 earnings at $3.08 EPS and FY2028 earnings at $3.12 EPS.

Carter’s (NYSE:CRI) last issued its quarterly earnings results on Friday, February 27th. The textile maker reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.20. The company had revenue of $925.45 million during 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%.Carter’s’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.39 EPS. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS.

Several other equities research analysts also recently issued reports on CRI. UBS Group boosted 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. Monness Crespi & Hardt raised shares of Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price target for the company in a research report on Monday, March 2nd. Weiss Ratings upgraded Carter’s from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday. Citigroup raised Carter’s from a “neutral” rating to a “buy” rating and raised their price objective for the company from $34.00 to $50.00 in a research report on Wednesday, January 21st. Finally, Wall Street Zen raised Carter’s from a “sell” rating to a “hold” rating in a research report on Sunday, January 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Carter’s presently has an average rating of “Hold” and a consensus price target of $35.83.

Carter’s Trading Up 0.8%

Shares of CRI opened at $34.49 on Monday. Carter’s has a twelve month low of $23.38 and a twelve month high of $44.44. The firm has a market capitalization of $1.25 billion, a P/E ratio of 13.69, a price-to-earnings-growth ratio of 5.19 and a beta of 1.07. The company has a current ratio of 2.51, a quick ratio of 1.44 and a debt-to-equity ratio of 0.61. The stock’s fifty day simple moving average is $36.87 and its 200 day simple moving average is $33.22.

Carter’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, March 13th. Carter’s’s dividend payout ratio is currently 39.68%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Corient Private Wealth LLC increased its position in shares of Carter’s by 66.5% during the 4th quarter. Corient Private Wealth LLC now owns 19,349 shares of the textile maker’s stock valued at $627,000 after purchasing an additional 7,728 shares during the period. Kera Capital Partners Inc. acquired a new position in shares of Carter’s in the 4th quarter valued at $298,000. Invesco Ltd. increased its stake in Carter’s by 23.0% in the 4th quarter. Invesco Ltd. now owns 268,789 shares of the textile maker’s stock worth $8,717,000 after purchasing an additional 50,243 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Carter’s by 2.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 30,279 shares of the textile maker’s stock worth $982,000 after buying an additional 629 shares during the period. Finally, XTX Topco Ltd acquired a new stake in Carter’s during the 4th quarter worth about $331,000.

Carter’s Company Profile

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.