Zacks Research Has Bearish Forecast for Carter’s Q2 Earnings

Carter’s, Inc. (NYSE:CRIFree Report) – Stock analysts at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for Carter’s in a research note issued to investors on Tuesday, March 11th. Zacks Research analyst R. Lohia now anticipates that the textile maker will post earnings per share of $0.37 for the quarter, down from their previous estimate of $0.51. The consensus estimate for Carter’s’ current full-year earnings is $5.15 per share. Zacks Research also issued estimates for Carter’s’ FY2027 earnings at $3.98 EPS.

Carter’s (NYSE:CRIGet Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The textile maker reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.52. The business had revenue of $859.70 million for the quarter, compared to analysts’ expectations of $835.82 million. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. The company’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period last year, the firm earned $2.76 earnings per share.

CRI has been the topic of several other reports. UBS Group reduced their price objective on Carter’s from $57.00 to $49.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 26th. Wells Fargo & Company cut their price target on Carter’s from $65.00 to $48.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 26th. Finally, Citigroup cut their price target on Carter’s from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 26th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $49.00.

Read Our Latest Research Report on CRI

Carter’s Stock Down 4.0 %

Shares of NYSE CRI opened at $39.91 on Thursday. The stock has a market cap of $1.44 billion, a P/E ratio of 6.33, a PEG ratio of 3.37 and a beta of 1.24. The company has a current ratio of 2.21, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60. Carter’s has a 12-month low of $39.48 and a 12-month high of $87.97. The business’s fifty day simple moving average is $50.22 and its 200-day simple moving average is $56.68.

Institutional Trading of Carter’s

A number of hedge funds and other institutional investors have recently made changes to their positions in CRI. Jones Financial Companies Lllp increased its position in shares of Carter’s by 114.4% during the fourth quarter. Jones Financial Companies Lllp now owns 506 shares of the textile maker’s stock worth $27,000 after purchasing an additional 270 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Carter’s by 2,112.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 531 shares of the textile maker’s stock worth $29,000 after purchasing an additional 507 shares in the last quarter. Colonial Trust Co SC acquired a new stake in shares of Carter’s during the fourth quarter worth about $29,000. Venturi Wealth Management LLC increased its position in shares of Carter’s by 221.2% during the third quarter. Venturi Wealth Management LLC now owns 726 shares of the textile maker’s stock worth $47,000 after purchasing an additional 500 shares in the last quarter. Finally, True Wealth Design LLC increased its position in shares of Carter’s by 173.0% during the fourth quarter. True Wealth Design LLC now owns 901 shares of the textile maker’s stock worth $49,000 after purchasing an additional 571 shares in the last quarter.

Carter’s Announces Dividend

The company 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 dividend on an annualized basis and a dividend yield of 8.02%. The ex-dividend date of this dividend is Monday, March 10th. Carter’s’s dividend payout ratio (DPR) is currently 62.62%.

Carter’s Company Profile

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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.

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