Carter’s, Inc. (NYSE:CRI) Receives Consensus Recommendation of “Hold” from Brokerages

Carter’s, Inc. (NYSE:CRI) has been given a consensus recommendation of “Hold” by the nine analysts that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $39.6667.

CRI has been the topic of a number of recent analyst reports. Wells Fargo & Company upped their target price on shares of Carter’s from $28.00 to $33.00 and gave the company an “underweight” rating in a research note on Wednesday, April 29th. Wall Street Zen upgraded shares of Carter’s from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Zacks Research upgraded shares of Carter’s from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 19th. UBS Group upped their target price on shares of Carter’s from $40.00 to $41.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Monness Crespi & Hardt upped their target price on shares of Carter’s from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, May 7th.

Institutional Investors Weigh In On Carter’s

A number of institutional investors have recently modified their holdings of CRI. SummitTX Capital L.P. raised its stake in Carter’s by 68.2% during the first quarter. SummitTX Capital L.P. now owns 41,137 shares of the textile maker’s stock worth $1,471,000 after acquiring an additional 16,687 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in Carter’s during the first quarter worth about $119,000. Aristides Capital LLC raised its stake in Carter’s by 123.3% during the first quarter. Aristides Capital LLC now owns 163,949 shares of the textile maker’s stock worth $5,863,000 after acquiring an additional 90,533 shares during the period. State of Wyoming raised its stake in Carter’s by 473.5% during the first quarter. State of Wyoming now owns 12,227 shares of the textile maker’s stock worth $437,000 after acquiring an additional 10,095 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in Carter’s by 36.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,765,205 shares of the textile maker’s stock worth $63,121,000 after acquiring an additional 472,786 shares during the period.

Carter’s Stock Performance

Carter’s stock opened at $33.46 on Friday. Carter’s has a 12-month low of $23.38 and a 12-month high of $44.44. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 13.49 and a beta of 0.86. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.80 and a quick ratio of 1.72. The firm’s fifty day moving average price is $35.47 and its 200 day moving average price is $34.72.

Carter’s (NYSE:CRI) last issued its earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.26. The business 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 for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.66 EPS. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. On average, research analysts forecast that Carter’s will post 3.06 EPS for the current fiscal year.

Carter’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Tuesday, May 26th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Tuesday, May 26th. Carter’s’s dividend payout ratio is 40.32%.

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.