2 weeks Ago By ABMN Staff
Wolverine World Wide, Inc. ( NYSE:WWW – Get Free Report ) announced a quarterly dividend on Wednesday, July 31st, Zacks reports. Investors of record on Tuesday, October 1st will be paid a dividend of 0.
10 per share by the textile maker on Friday, November 1st. This represents a $0.40 annualized dividend and a yield of 2.
28%. The ex-dividend date of this dividend is Tuesday, October 1st. Wolverine World Wide has a dividend payout ratio of 31.
7% meaning its dividend is sufficiently covered by earnings. Research analysts expect Wolverine World Wide to earn $1.28 per share next year, which means the company should continue to be able to cover its $0.
40 annual dividend with an expected future payout ratio of 31.3%. Wolverine World Wide Stock Up 1.
9 % Shares of Wolverine World Wide stock opened at $17.51 on Monday. The company has a quick ratio of 0.
74, a current ratio of 1.19 and a debt-to-equity ratio of 2.14.
Wolverine World Wide has a one year low of $7.21 and a one year high of $17.57.
The business’s 50 day simple moving average is $14.02 and its two-hundred day simple moving average is $12.70.
Analysts Set New Price Targets WWW has been the subject of a number of analyst reports. Piper Sandler reiterated an “overweight” rating and set a $18.00 target price on shares of Wolverine World Wide in a report on Friday, August 23rd.
UBS Group upgraded Wolverine World Wide from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $13.00 to $20.00 in a report on Friday, July 19th.
Telsey Advisory Group reissued a “market perform” rating and set a $14.00 target price on shares of Wolverine World Wide in a research note on Wednesday, August 7th. KeyCorp raised Wolverine World Wide from a “sector weight” rating to an “overweight” rating and set a $20.
00 price target for the company in a research note on Thursday, August 8th. Finally, Robert W. Baird lifted their price target on shares of Wolverine World Wide from $13.
00 to $15.00 and gave the company a “neutral” rating in a report on Thursday, August 8th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock.
According to data from MarketBeat.com, Wolverine World Wide presently has a consensus rating of “Moderate Buy” and an average price target of $17.17.
View Our Latest Stock Analysis on WWW Wolverine World Wide Company Profile ( Get Free Report ) 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.
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