Carter's (NYSE:CRI) had declared a cash dividend of $0.3300 on Aug 18, 2016. The shares will quote ex-dividend on Aug 26, 2016 and the record date has been fixed for Aug 30, 2016. On Aug 18, 2016 share price, the yield comes out to be 1.3300%. The dividend payable date has been fixed on Sep 9, 2016.
In a different note, On Aug 8, 2016, Monness Crespi Hardt said it Upgrades its rating on Carter's. The shares have been rated ‘Buy’ by the firm. On Jul 28, 2016, Citigroup said it Maintains its rating on Carter's. In the research note, the firm Lowers the price-target to $108.00 per share. The shares have been rated ‘Neutral’ by the firm. Cowen & Company said it Initiates Coverage on Carter's, according to a research note issued on Jul 13, 2016. The shares have been rated ‘Market Perform’ by the firm.
Carter's (CRI) made into the market gainers list on Mondays trading session with the shares advancing 0.72% or 0.7 points. Due to strong positive momentum, the stock ended at $97.43, which is also near the day’s high of $98.37. The stock began the session at $96.79 and the volume stood at 4,27,282 shares. The 52-week high of the shares is $112.58 and the 52 week low is $82.22. The company has a current market capitalization of $4,877 M and it has 5,00,60,231 shares in outstanding.
Carter's(CRI) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $639.47M. Analysts had an estimated revenue of $636.86M. Earnings per share were $0.72. Analysts had estimated an EPS of $0.66.
Several Insider Transactions has been reported to the SEC. On Aug 11, 2016, Richard F. Westenberger (Chief Financial Officer) sold 2,500 shares at $101.00 per share price.Also, On Mar 15, 2016, Brian Lynch (President, Carter’s, Inc.) sold 7,000 shares at $102.40 per share price.On Mar 3, 2016, Julie D’emilio (Senior Vice President – Sales) sold 7,500 shares at $102.04 per share price, according to the Form-4 filing with the securities and exchange commission.
Carters Inc. is a marketer of apparel for babies and young children in the United States. The Company owns two brand names in the childrens apparel industry Carters and OshKosh. The Company operates through five business segments: Carter’s retail Carter’s wholesale OshKosh retail OshKosh wholesale and International. It offers multiple product categories including baby sleepwear playclothes and related accessories. As of January 3 2015 the Company had approximately 18000 wholesale locations (including national department stores chain and specialty stores and discount retailers) 855 Company-operated stores and its Websites. As of January 3 2015 the Company operated 531 Carter’s and 200 OshKosh outlet brand and specialty stores in the United States. As of January 3 2015 its products are sold through 124 Company-operated stores in Canada in addition to its international wholesale licensing and online channels.