Carter’s, Inc. (NYSE:CRI) Receives $39.67 Average PT from Brokerages

Shares of Carter’s, Inc. (NYSE:CRIGet Free Report) have been assigned a consensus rating of “Hold” from the nine ratings firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $39.6667.

Several brokerages have recently issued reports on CRI. Monness Crespi & Hardt lifted their target price on shares of Carter’s from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. The Goldman Sachs Group upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a research report on Thursday, April 9th. Zacks Research lowered shares of Carter’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Needham & Company LLC began coverage on shares of Carter’s in a research report on Thursday, March 26th. They issued a “hold” rating on the stock. Finally, Wells Fargo & Company lifted their target price on shares of Carter’s from $28.00 to $33.00 and gave the company an “underweight” rating in a research report on Wednesday, April 29th.

Read Our Latest Stock Report on CRI

Carter’s Stock Down 1.6%

CRI stock opened at $41.15 on Wednesday. The firm’s fifty day moving average is $37.28 and its 200 day moving average is $35.92. Carter’s has a one year low of $23.38 and a one year high of $44.44. The firm has a market cap of $1.52 billion, a PE ratio of 16.59 and a beta of 0.87. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.80.

Carter’s (NYSE:CRIGet Free Report) last announced its earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.26. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The business had revenue of $681.11 million for the quarter, compared to analyst estimates of $660.59 million. During the same quarter last year, the business earned $0.66 earnings per share. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. On average, research analysts forecast that Carter’s will post 3.09 EPS for the current year.

Carter’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 26th were given a $0.25 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. Carter’s’s dividend payout ratio (DPR) is 40.32%.

Hedge Funds Weigh In On Carter’s

Several hedge funds and other institutional investors have recently modified their holdings of CRI. Royal Bank of Canada lifted its stake in shares of Carter’s by 50.2% in the first quarter. Royal Bank of Canada now owns 40,649 shares of the textile maker’s stock worth $1,663,000 after buying an additional 13,594 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Carter’s by 5.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 120,964 shares of the textile maker’s stock worth $4,947,000 after buying an additional 6,195 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Carter’s by 4.7% in the second quarter. Russell Investments Group Ltd. now owns 16,482 shares of the textile maker’s stock worth $497,000 after buying an additional 734 shares in the last quarter. Hsbc Holdings PLC lifted its stake in shares of Carter’s by 71.5% in the second quarter. Hsbc Holdings PLC now owns 9,390 shares of the textile maker’s stock worth $282,000 after buying an additional 3,915 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Carter’s by 30.4% in the second quarter. Invesco Ltd. now owns 223,731 shares of the textile maker’s stock worth $6,741,000 after buying an additional 52,103 shares in the last quarter.

Carter’s Company Profile

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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.

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Analyst Recommendations for Carter's (NYSE:CRI)

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