Carter’s, Inc. Announces Quarterly Dividend of $0.25 (NYSE:CRI)

Carter’s, Inc. (NYSE:CRI) announced a quarterly dividend on Thursday, May 14th. Shareholders of record on Tuesday, May 26th will be paid a dividend of 0.25 per share by the textile maker on Friday, June 5th. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, May 26th.

Carter’s has increased its dividend payment by an average of 0.2%per year over the last three years. Carter’s has a payout ratio of 37.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Carter’s to earn $3.24 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 30.9%.

Carter’s Stock Performance

Shares of CRI stock opened at $33.78 on Friday. The stock has a market cap of $1.24 billion, a P/E ratio of 13.62 and a beta of 0.86. The company has a fifty day moving average price of $35.50 and a two-hundred day moving average price of $34.73. Carter’s has a one year low of $23.38 and a one year high of $44.44. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.80 and a quick ratio of 1.72.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.26. The company had revenue of $681.11 million for the quarter, compared to analyst estimates of $660.59 million. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The company’s revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.66 earnings per share. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. As a group, equities analysts predict that Carter’s will post 3.06 EPS for the current year.

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.