Research Analysts Issue Forecasts for WWW Q1 Earnings

Wolverine World Wide, Inc. (NYSE:WWW) – Equities researchers at Seaport Res Ptn issued their Q1 2025 earnings estimates for shares of Wolverine World Wide in a research report issued on Wednesday, February 19th. Seaport Res Ptn analyst M. Kummetz expects that the textile maker will post earnings per share of $0.10 for the quarter. The consensus estimate for Wolverine World Wide’s current full-year earnings is $1.23 per share.

Several other equities analysts also recently weighed in on WWW. UBS Group lowered their price target on shares of Wolverine World Wide from $29.00 to $26.00 and set a “buy” rating on the stock in a report on Thursday. Robert W. Baird lowered their price target on shares of Wolverine World Wide from $21.00 to $18.00 and set a “neutral” rating on the stock in a report on Thursday. Telsey Advisory Group reaffirmed a “market perform” rating and set a $23.00 price target on shares of Wolverine World Wide in a report on Wednesday, February 19th. StockNews.com downgraded shares of Wolverine World Wide from a “buy” rating to a “hold” rating in a report on Tuesday, February 11th. Finally, Stifel Nicolaus raised shares of Wolverine World Wide from a “hold” rating to a “buy” rating and lifted their price target for the company from $21.00 to $29.00 in a report on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.50.

Wolverine World Wide Stock Performance

Shares of WWW stock opened at $15.16 on Monday. The company has a 50 day moving average price of $21.71 and a 200-day moving average price of $18.82. Wolverine World Wide has a 52 week low of $9.06 and a 52 week high of $24.64. The firm has a market capitalization of $1.21 billion, a PE ratio of 27.55 and a beta of 1.88. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 1.79.

Wolverine World Wide (NYSE:WWW) last issued its quarterly earnings results on Wednesday, February 19th. The textile maker reported $0.42 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.42. The company had revenue of $494.70 million during the quarter, compared to analysts’ expectations of $485.74 million. Wolverine World Wide had a net margin of 2.73% and a return on equity of 26.81%. Wolverine World Wide’s revenue was down 6.1% on a year-over-year basis. During the same period last year, the company posted ($0.30) EPS.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. SBI Securities Co. Ltd. purchased a new stake in Wolverine World Wide during the fourth quarter worth about $25,000. Signaturefd LLC increased its stake in Wolverine World Wide by 88.8% in the fourth quarter. Signaturefd LLC now owns 1,450 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 682 shares during the last quarter. Natixis acquired a new stake in shares of Wolverine World Wide in the fourth quarter valued at approximately $41,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Wolverine World Wide in the fourth quarter valued at approximately $64,000. Finally, KBC Group NV lifted its holdings in shares of Wolverine World Wide by 43.8% during the fourth quarter. KBC Group NV now owns 4,303 shares of the textile maker’s stock worth $96,000 after purchasing an additional 1,311 shares during the period. Institutional investors and hedge funds own 90.25% of the company’s stock.

Wolverine World Wide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, April 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.64%. Wolverine World Wide’s dividend payout ratio is presently 72.73%.

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.