Cadre (CDRE) to Release Earnings on Tuesday

Cadre (NYSE:CDRE) is projected to release its earnings data after the market closes on Tuesday, March 11th. Analysts expect Cadre to post earnings of $0.48 per share and revenue of $170.95 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Cadre Stock Performance

CDRE opened at $33.99 on Friday. Cadre has a 1-year low of $29.19 and a 1-year high of $40.28. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 40.95, a PEG ratio of 1.58 and a beta of 1.30. The company has a current ratio of 3.01, a quick ratio of 1.96 and a debt-to-equity ratio of 0.65. The company’s fifty day moving average price is $35.10 and its two-hundred day moving average price is $35.49.

Cadre Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were given a dividend of $0.095 per share. The ex-dividend date was Friday, January 31st. This is a positive change from Cadre’s previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a yield of 1.12%. Cadre’s payout ratio is presently 45.78%.

Insider Buying and Selling at Cadre

In other Cadre news, CEO Warren B. Kanders sold 25,000 shares of Cadre stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $35.49, for a total transaction of $887,250.00. Following the transaction, the chief executive officer now directly owns 11,482,211 shares of the company’s stock, valued at approximately $407,503,668.39. This trade represents a 0.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 37.00% of the stock is currently owned by company insiders.

Cadre Company Profile

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.