Carter’s (NYSE:CRI) Issues Q1 2025 Earnings Guidance

Carter’s (NYSE:CRI) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.450-0.550 for the period, compared to the consensus estimate of 0.860. The company issued revenue guidance of $615.0 million-$625.0 million, compared to the consensus revenue estimate of $653.0 million. Carter’s also updated its FY 2025 guidance to 3.200-3.800 EPS.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on CRI shares. UBS Group decreased their price target on Carter’s from $57.00 to $49.00 and set a “neutral” rating on the stock in a report on Wednesday. Wells Fargo & Company decreased their target price on Carter’s from $65.00 to $48.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Finally, Citigroup dropped their price target on Carter’s from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $55.20.

Carter’s Price Performance

Shares of CRI stock traded down $0.70 during trading hours on Thursday, hitting $41.63. The stock had a trading volume of 533,222 shares, compared to its average volume of 1,075,797. The stock’s 50-day moving average price is $52.84 and its two-hundred day moving average price is $58.26. Carter’s has a one year low of $41.61 and a one year high of $88.03. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 6.62, a PEG ratio of 3.37 and a beta of 1.21. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 0.96.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Tuesday, February 25th. The textile maker reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.52. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. The business had revenue of $859.70 million for the quarter, compared to analysts’ expectations of $835.82 million. During the same period in the prior year, the firm earned $2.76 EPS. The company’s revenue for the quarter was up .2% on a year-over-year basis. Equities analysts forecast that Carter’s will post 5.15 EPS for the current year.

Carter’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 10th will be given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 7.69%. The ex-dividend date of this dividend is Monday, March 10th. Carter’s’s dividend payout ratio is 50.79%.

About Carter’s

Carter’s, Inc engages in the business of brand marketing of young children’s apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.