Carter’s, Inc. (CRI) to Issue Quarterly Dividend of $0.25 on June 5th

Carter’s, Inc. (NYSE:CRI) announced a quarterly dividend on Thursday, May 14th. Investors of record on Tuesday, May 26th will be paid a dividend of 0.25 per share by the textile maker on Friday, June 5th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Tuesday, May 26th.

Carter’s has increased its dividend by an average of 0.2%annually over the last three years. Carter’s has a payout ratio of 37.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Carter’s to earn $3.24 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 30.9%.

Carter’s Price Performance

Shares of NYSE CRI opened at $33.46 on Friday. Carter’s has a fifty-two week low of $23.38 and a fifty-two week high of $44.44. The firm’s 50-day simple moving average is $35.47 and its 200 day simple moving average is $34.72. The company has a quick ratio of 1.72, a current ratio of 2.80 and a debt-to-equity ratio of 0.61. The stock has a market cap of $1.23 billion, a P/E ratio of 13.49 and a beta of 0.86.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.26. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The business had revenue of $681.11 million for the quarter, compared to analysts’ expectations of $660.59 million. During the same period in the previous year, the business earned $0.66 earnings per share. The company’s revenue was up 8.1% on a year-over-year basis. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Equities analysts expect that Carter’s will post 3.06 EPS for the current year.

Wall Street Analysts Forecast Growth

CRI has been the topic of a number of recent analyst reports. Needham & Company LLC initiated coverage on shares of Carter’s in a research note on Thursday, March 26th. They set a “hold” rating on the stock. The Goldman Sachs Group upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price objective on the stock in a research note on Thursday, April 9th. UBS Group lifted their price objective on shares of Carter’s from $40.00 to $41.00 and gave the company a “neutral” rating in a research note on Monday. Wells Fargo & Company lifted their price objective on shares of Carter’s from $28.00 to $33.00 and gave the company an “underweight” rating in a research note on Wednesday, April 29th. Finally, Monness Crespi & Hardt lifted their price objective on shares of Carter’s from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Carter’s presently has an average rating of “Hold” and a consensus price target of $39.67.

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.