Brokers Offer Predictions for WWW Q1 Earnings

Wolverine World Wide, Inc. (NYSE:WWW) – Analysts at Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for shares of Wolverine World Wide in a research report issued to clients and investors on Wednesday, February 19th. Seaport Res Ptn analyst M. Kummetz expects that the textile maker will post earnings per share of $0.10 for the quarter. The consensus estimate for Wolverine World Wide’s current full-year earnings is $1.23 per share.

WWW has been the subject of several other reports. StockNews.com lowered Wolverine World Wide from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Stifel Nicolaus raised Wolverine World Wide from a “hold” rating to a “buy” rating and raised their target price for the stock from $21.00 to $29.00 in a research report on Wednesday, December 11th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $23.00 target price on shares of Wolverine World Wide in a research report on Wednesday, February 19th. UBS Group lowered their target price on Wolverine World Wide from $29.00 to $26.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. Finally, Robert W. Baird lowered their target price on Wolverine World Wide from $21.00 to $18.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.50.

Wolverine World Wide Trading Down 1.8 %

NYSE WWW opened at $15.00 on Monday. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 1.79. Wolverine World Wide has a twelve month low of $9.06 and a twelve month high of $24.64. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 27.26 and a beta of 1.88. The business’s fifty day moving average is $21.55 and its 200 day moving average is $18.88.

Wolverine World Wide (NYSE:WWW) last released its quarterly earnings data on Wednesday, February 19th. The textile maker reported $0.42 earnings per share for the quarter, meeting the consensus estimate of $0.42. Wolverine World Wide had a return on equity of 26.81% and a net margin of 2.73%. The company had revenue of $494.70 million for the quarter, compared to the consensus estimate of $485.74 million. During the same quarter last year, the business posted ($0.30) EPS. Wolverine World Wide’s revenue for the quarter was down 6.1% on a year-over-year basis.

Wolverine World Wide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 1st will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.67%. The ex-dividend date is Tuesday, April 1st. Wolverine World Wide’s dividend payout ratio (DPR) is presently 72.73%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC raised its position in shares of Wolverine World Wide by 12.5% in the 4th quarter. GAMMA Investing LLC now owns 5,057 shares of the textile maker’s stock worth $112,000 after acquiring an additional 563 shares in the last quarter. HighTower Advisors LLC increased its position in Wolverine World Wide by 5.2% in the 4th quarter. HighTower Advisors LLC now owns 11,526 shares of the textile maker’s stock valued at $256,000 after buying an additional 574 shares in the last quarter. Summit Investment Advisors Inc. increased its position in Wolverine World Wide by 7.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 8,305 shares of the textile maker’s stock valued at $184,000 after buying an additional 581 shares in the last quarter. Signaturefd LLC increased its position in Wolverine World Wide by 88.8% in the 4th quarter. Signaturefd LLC now owns 1,450 shares of the textile maker’s stock valued at $32,000 after buying an additional 682 shares in the last quarter. Finally, Natixis Advisors LLC increased its position in Wolverine World Wide by 3.8% in the 4th quarter. Natixis Advisors LLC now owns 28,608 shares of the textile maker’s stock valued at $635,000 after buying an additional 1,035 shares in the last quarter. 90.25% of the stock is owned by institutional investors.

About Wolverine World Wide

Wolverine World Wide, Inc designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through Active Group and Work Group segments. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots.