Analysts Offer Predictions for Wolverine World Wide, Inc.’s Q1 2025 Earnings (NYSE:WWW)

Wolverine World Wide, Inc. (NYSE:WWW) – Equities research analysts at Telsey Advisory Group issued their Q1 2025 earnings estimates for shares of Wolverine World Wide in a note issued to investors on Wednesday, May 1st. Telsey Advisory Group analyst D. Telsey expects that the textile maker will earn $0.23 per share for the quarter. Telsey Advisory Group currently has a “Market Perform” rating and a $10.00 target price on the stock. The consensus estimate for Wolverine World Wide’s current full-year earnings is $0.77 per share. Telsey Advisory Group also issued estimates for Wolverine World Wide’s Q2 2025 earnings at $0.32 EPS, Q3 2025 earnings at $0.38 EPS and Q4 2025 earnings at $0.29 EPS.

Wolverine World Wide (NYSE:WWW) last posted its quarterly earnings data on Wednesday, February 21st. The textile maker reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.03). Wolverine World Wide had a negative net margin of 1.77% and a positive return on equity of 1.45%. The firm had revenue of $526.70 million during the quarter, compared to analysts’ expectations of $520.12 million. During the same quarter last year, the business posted ($0.15) EPS. The company’s quarterly revenue was down 20.8% on a year-over-year basis.

Wolverine World Wide Stock Performance

Shares of Wolverine World Wide stock opened at $10.75 on Friday. The business’s fifty day simple moving average is $10.14 and its 200 day simple moving average is $9.19. The company has a current ratio of 1.18, a quick ratio of 0.75 and a debt-to-equity ratio of 2.02. Wolverine World Wide has a 12 month low of $7.21 and a 12 month high of $17.85. The firm has a market capitalization of $859.03 million, a P/E ratio of -21.08 and a beta of 1.73.

Wolverine World Wide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 1st. Stockholders of record on Monday, July 1st will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date is Monday, July 1st. Wolverine World Wide’s payout ratio is -78.43%.

Hedge Funds Weigh In On Wolverine World Wide

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of Wolverine World Wide by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 9,282,319 shares of the textile maker’s stock worth $74,815,000 after purchasing an additional 109,833 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Wolverine World Wide by 6.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,771,991 shares of the textile maker’s stock valued at $15,753,000 after buying an additional 103,368 shares during the period. Vaughan Nelson Investment Management L.P. lifted its position in shares of Wolverine World Wide by 2.1% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,542,637 shares of the textile maker’s stock valued at $12,434,000 after buying an additional 32,100 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Wolverine World Wide by 13.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,446,579 shares of the textile maker’s stock worth $11,659,000 after acquiring an additional 175,039 shares during the period. Finally, Callodine Capital Management LP purchased a new stake in Wolverine World Wide in the 3rd quarter worth about $8,060,000. Institutional investors own 90.25% of the company’s stock.

About Wolverine World Wide

Wolverine World Wide, Inc designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through Active Group and Work Group segments. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots.