B. Riley Weighs in on Cadre’s Q1 Earnings (NYSE:CDRE)

Cadre Holdings, Inc. (NYSE:CDRE) – B. Riley issued their Q1 2025 earnings per share estimates for shares of Cadre in a report issued on Wednesday, March 12th. B. Riley analyst J. Van. Sinderen forecasts that the company will post earnings of $0.08 per share for the quarter. The consensus estimate for Cadre’s current full-year earnings is $1.05 per share. B. Riley also issued estimates for Cadre’s Q2 2025 earnings at $0.28 EPS, FY2025 earnings at $0.98 EPS and FY2026 earnings at $1.29 EPS.

Cadre (NYSE:CDRE) last issued its quarterly earnings results on Tuesday, March 11th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.16). Cadre had a net margin of 6.34% and a return on equity of 12.88%. The company had revenue of $175.98 million during the quarter, compared to analyst estimates of $170.95 million. During the same quarter last year, the firm earned $0.25 EPS. The business’s revenue was up 41.3% on a year-over-year basis.

Cadre Stock Performance

NYSE CDRE opened at $32.45 on Monday. The company has a current ratio of 3.01, a quick ratio of 1.96 and a debt-to-equity ratio of 0.65. The business’s 50 day moving average is $35.29 and its two-hundred day moving average is $35.42. Cadre has a 12-month low of $29.19 and a 12-month high of $40.28. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 39.09, a PEG ratio of 1.58 and a beta of 1.30.

Cadre Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were given a dividend of $0.095 per share. This is a boost from Cadre’s previous quarterly dividend of $0.09. The ex-dividend date was Friday, January 31st. This represents a $0.38 annualized dividend and a yield of 1.17%. Cadre’s payout ratio is presently 42.22%.

Hedge Funds Weigh In On Cadre

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Cadre by 38.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 47,684 shares of the company’s stock worth $1,540,000 after purchasing an additional 13,142 shares during the period. Two Sigma Investments LP acquired a new position in Cadre during the 4th quarter worth approximately $610,000. Two Sigma Advisers LP boosted its stake in shares of Cadre by 15.3% during the 4th quarter. Two Sigma Advisers LP now owns 23,300 shares of the company’s stock worth $753,000 after acquiring an additional 3,100 shares in the last quarter. Select Equity Group L.P. boosted its stake in shares of Cadre by 41.2% during the 4th quarter. Select Equity Group L.P. now owns 54,119 shares of the company’s stock worth $1,748,000 after acquiring an additional 15,796 shares in the last quarter. Finally, Rafferty Asset Management LLC boosted its stake in shares of Cadre by 4.7% during the 4th quarter. Rafferty Asset Management LLC now owns 6,653 shares of the company’s stock worth $215,000 after acquiring an additional 299 shares in the last quarter. Institutional investors and hedge funds own 43.95% of the company’s stock.

About Cadre

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.