Roth Capital Issues Negative Outlook for Cadre Earnings

Cadre Holdings, Inc. (NYSE:CDRE) – Analysts at Roth Capital reduced their Q1 2025 earnings per share estimates for shares of Cadre in a research report issued to clients and investors on Wednesday, March 12th. Roth Capital analyst M. Koranda now expects that the company will earn $0.13 per share for the quarter, down from their prior estimate of $0.28. The consensus estimate for Cadre’s current full-year earnings is $1.05 per share. Roth Capital also issued estimates for Cadre’s Q3 2025 earnings at $0.39 EPS and FY2026 earnings at $1.52 EPS.

Cadre (NYSE:CDRE) last posted its quarterly earnings results on Tuesday, March 11th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.16). The business had revenue of $175.98 million for the quarter, compared to the consensus estimate of $170.95 million. Cadre had a return on equity of 12.88% and a net margin of 6.34%. Cadre’s quarterly revenue was up 41.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.25 earnings per share.

Cadre Price Performance

Cadre stock opened at $33.73 on Monday. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 40.64, a PEG ratio of 1.58 and a beta of 1.30. Cadre has a 52-week low of $29.19 and a 52-week high of $40.28. The stock’s 50 day moving average price is $35.29 and its two-hundred day moving average price is $35.44. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.96 and a current ratio of 3.01.

Hedge Funds Weigh In On Cadre

A number of institutional investors have recently modified their holdings of the company. Rafferty Asset Management LLC raised its position in shares of Cadre by 4.7% during the fourth quarter. Rafferty Asset Management LLC now owns 6,653 shares of the company’s stock worth $215,000 after purchasing an additional 299 shares during the period. US Bancorp DE raised its position in shares of Cadre by 10.6% during the fourth quarter. US Bancorp DE now owns 4,178 shares of the company’s stock worth $135,000 after purchasing an additional 400 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Cadre by 4.1% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,823 shares of the company’s stock worth $479,000 after purchasing an additional 578 shares during the period. Truist Financial Corp raised its position in shares of Cadre by 5.8% during the fourth quarter. Truist Financial Corp now owns 11,277 shares of the company’s stock worth $364,000 after purchasing an additional 616 shares during the period. Finally, MetLife Investment Management LLC raised its position in shares of Cadre by 6.0% during the fourth quarter. MetLife Investment Management LLC now owns 16,152 shares of the company’s stock worth $522,000 after purchasing an additional 913 shares during the period. 43.95% of the stock is owned by institutional investors and hedge funds.

Cadre Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.13%. This is a positive change from Cadre’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, January 31st. Cadre’s dividend payout ratio is presently 42.22%.

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.