Carter’s, Inc. (NYSE:CRI) Given Average Rating of “Hold” by Brokerages

Carter’s, Inc. (NYSE:CRI) has been given a consensus recommendation of “Hold” by the nine ratings firms that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $39.6667.

A number of brokerages recently commented on CRI. The Goldman Sachs Group upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price objective for the company in a research report on Thursday, April 9th. Wells Fargo & Company raised their price objective on shares of Carter’s from $28.00 to $33.00 and gave the company an “underweight” rating in a research report on Wednesday, April 29th. Weiss Ratings downgraded shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Monness Crespi & Hardt raised their price objective on shares of Carter’s from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, UBS Group raised their price objective on shares of Carter’s from $40.00 to $41.00 and gave the company a “neutral” rating in a research report on Monday, May 11th.

Institutional Investors Weigh In On Carter’s

Hedge funds and other institutional investors have recently modified their holdings of the stock. UMB Bank n.a. lifted its position in shares of Carter’s by 445.8% during the 4th quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 633 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in shares of Carter’s by 555.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker’s stock valued at $31,000 after acquiring an additional 945 shares during the period. Hantz Financial Services Inc. lifted its position in shares of Carter’s by 1,208.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker’s stock valued at $37,000 after acquiring an additional 1,196 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Carter’s by 202.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 995 shares during the period. Finally, State of Wyoming increased its stake in shares of Carter’s by 1,380.6% during the 4th quarter. State of Wyoming now owns 2,132 shares of the textile maker’s stock worth $69,000 after purchasing an additional 1,988 shares in the last quarter.

Carter’s Stock Performance

NYSE CRI opened at $39.77 on Wednesday. The company has a quick ratio of 1.72, a current ratio of 2.80 and a debt-to-equity ratio of 0.61. Carter’s has a 52-week low of $23.38 and a 52-week high of $44.44. The business’s 50-day moving average price is $36.70 and its 200 day moving average price is $35.55. The firm has a market cap of $1.47 billion, a P/E ratio of 16.03 and a beta of 0.87.

Carter’s (NYSE:CRI) last released its quarterly earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.26. The firm had revenue of $681.11 million for the quarter, compared to analyst estimates of $660.59 million. Carter’s had a return on equity of 13.06% and a net margin of 3.07%.The business’s revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the company posted $0.66 earnings per share. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. On average, equities research analysts expect that Carter’s will post 3.09 earnings per share for the current year.

Carter’s Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 26th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Tuesday, May 26th. Carter’s’s dividend payout ratio (DPR) is presently 40.32%.

Carter’s Company Profile

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.