Brokerages Set Carter’s, Inc. (NYSE:CRI) Price Target at $35.83

Carter’s, Inc. (NYSE:CRI) has earned an average recommendation of “Hold” from the eight research firms that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $35.8333.

A number of research analysts have weighed in on CRI shares. Monness Crespi & Hardt raised shares of Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price target on the stock in a research note on Monday, March 2nd. Wall Street Zen raised Carter’s from a “sell” rating to a “hold” rating in a research note on Sunday, January 11th. Zacks Research raised Carter’s from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Weiss Ratings downgraded Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday. Finally, The Goldman Sachs Group lifted their target price on Carter’s from $26.00 to $29.00 and gave the company a “sell” rating in a research report on Tuesday, January 13th.

Carter’s Price Performance

Shares of CRI stock opened at $33.90 on Monday. The company has a quick ratio of 1.44, a current ratio of 2.51 and a debt-to-equity ratio of 0.61. Carter’s has a 12-month low of $23.38 and a 12-month high of $44.44. The firm has a fifty day moving average of $36.70 and a 200-day moving average of $32.60. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 13.45, a price-to-earnings-growth ratio of 5.35 and a beta of 1.07.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Friday, February 27th. The textile maker reported $1.90 EPS for the quarter, topping the consensus estimate of $1.70 by $0.20. Carter’s had a return on equity of 14.45% and a net margin of 3.17%.The business had revenue of $925.45 million for the quarter, compared to the consensus estimate of $912.36 million. During the same quarter last year, the business posted $2.39 EPS. The firm’s revenue was up 7.7% compared to the same quarter last year. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. On average, equities research analysts forecast that Carter’s will post 5.15 earnings per share for the current year.

Carter’s Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, March 13th. This represents a $1.00 annualized dividend and a yield of 2.9%. Carter’s’s dividend payout ratio is presently 39.68%.

Institutional Investors Weigh In On Carter’s

Several institutional investors and hedge funds have recently added to or reduced their stakes in CRI. Kera Capital Partners Inc. bought a new position in shares of Carter’s in the 4th quarter valued at about $298,000. Invesco Ltd. raised its holdings in Carter’s by 23.0% during the fourth quarter. Invesco Ltd. now owns 268,789 shares of the textile maker’s stock worth $8,717,000 after acquiring an additional 50,243 shares in the last quarter. Corient Private Wealth LLC boosted its position in Carter’s by 579.1% during the fourth quarter. Corient Private Wealth LLC now owns 78,913 shares of the textile maker’s stock valued at $2,559,000 after purchasing an additional 67,292 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in Carter’s by 2.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 30,279 shares of the textile maker’s stock valued at $982,000 after purchasing an additional 629 shares during the last quarter. Finally, XTX Topco Ltd bought a new position in Carter’s in the fourth quarter valued at approximately $331,000.

About Carter’s

Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.