Shares of Crown Crafts, Inc. (NASDAQ:CRWS – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.79 and traded as high as $2.93. Crown Crafts shares last traded at $2.87, with a volume of 64,177 shares.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Crown Crafts in a research report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.
View Our Latest Research Report on Crown Crafts
Crown Crafts Stock Down 1.0%
Crown Crafts Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 11.1%. The ex-dividend date is Thursday, June 11th. Crown Crafts’s payout ratio is -35.96%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in CRWS. Empowered Funds LLC grew its holdings in Crown Crafts by 8.1% during the 1st quarter. Empowered Funds LLC now owns 60,915 shares of the textile maker’s stock worth $157,000 after acquiring an additional 4,567 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Crown Crafts by 7.9% in the 1st quarter. Renaissance Technologies LLC now owns 257,342 shares of the textile maker’s stock valued at $663,000 after purchasing an additional 18,800 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Crown Crafts during the fourth quarter worth about $32,000. Mariner LLC bought a new position in shares of Crown Crafts during the fourth quarter worth about $28,000. Finally, LPL Financial LLC acquired a new position in Crown Crafts in the fourth quarter worth about $477,000. 30.23% of the stock is currently owned by institutional investors.
Crown Crafts Company Profile
Crown Crafts, Inc (NASDAQ: CRWS) is a U.S.-based designer, marketer and distributor of infant, toddler and juvenile consumer products. The company develops a wide range of softlines and related accessories, including crib and toddler bedding, blankets, decorative pillows, bath towels and washcloths. Since its founding in 1957, Crown Crafts has focused on combining creative design with functional quality to meet the shifting preferences of young families and caregivers.
The company operates two primary business segments.
Further Reading
- Five stocks we like better than Crown Crafts
- Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
- Salesforce Stock Finds Support as AI Momentum Builds
- Dollar Tree Keeps Winning After Family Dollar Divorce
- Apple’s Agentic AI Plans Could Be Its Biggest Growth Story Yet
Receive News & Ratings for Crown Crafts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crown Crafts and related companies with MarketBeat.com's FREE daily email newsletter.
