Zacks Research Issues Positive Outlook for Carter’s Earnings

Carter’s, Inc. (NYSE:CRI) – Research analysts at Zacks Research raised their FY2026 earnings estimates for shares of Carter’s in a research report issued on Wednesday, May 27th. Zacks Research analyst Team now anticipates that the textile maker will post earnings of $3.10 per share for the year, up from their previous forecast of $3.05. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Carter’s’ current full-year earnings is $3.06 per share. Zacks Research also issued estimates for Carter’s’ FY2027 earnings at $3.11 EPS.

CRI has been the topic of a number of other reports. Wells Fargo & Company upped their price target on shares of Carter’s from $28.00 to $33.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 29th. UBS Group upped their price target on shares of Carter’s from $40.00 to $41.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Weiss Ratings downgraded shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Wall Street Zen raised shares of Carter’s from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Finally, Monness Crespi & Hardt upped their price target on shares of Carter’s from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $39.67.

Carter’s Trading Up 2.5%

NYSE CRI opened at $39.35 on Thursday. Carter’s has a 1-year low of $23.38 and a 1-year high of $44.44. The company has a current ratio of 2.80, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $1.45 billion, a PE ratio of 15.87 and a beta of 0.86. The firm’s fifty day simple moving average is $35.92 and its 200-day simple moving average is $35.08.

Carter’s (NYSE:CRI) last announced its earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.26. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The company had revenue of $681.11 million for the quarter, compared to the consensus estimate of $660.59 million. During the same period in the previous year, the business earned $0.66 EPS. 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.

Carter’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 26th will be issued a $0.25 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $1.00 dividend on an annualized basis and a yield of 2.5%. Carter’s’s dividend payout ratio is currently 40.32%.

Institutional Investors Weigh In On Carter’s

A number of large investors have recently bought and sold shares of the business. Hantz Financial Services Inc. boosted its holdings in Carter’s by 21.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,577 shares of the textile maker’s stock worth $51,000 after purchasing an additional 282 shares in the last quarter. Amalgamated Bank boosted its holdings in Carter’s by 3.5% in the third quarter. Amalgamated Bank now owns 10,756 shares of the textile maker’s stock worth $304,000 after purchasing an additional 360 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Carter’s by 13.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,160 shares of the textile maker’s stock worth $135,000 after purchasing an additional 479 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Carter’s by 2.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 30,279 shares of the textile maker’s stock worth $982,000 after purchasing an additional 629 shares in the last quarter. Finally, UMB Bank n.a. boosted its holdings in Carter’s by 445.8% in the fourth quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock worth $25,000 after purchasing an additional 633 shares in the last quarter.

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.