Media stories about Cato (NYSE:CATO) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cato earned a news impact score of 0.16 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 46.5722395526953 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Cato (NYSE:CATO) opened at $16.21 on Tuesday. Cato has a 52-week low of $12.20 and a 52-week high of $31.35. The stock has a market cap of $362.76, a PE ratio of 34.63 and a beta of 1.21.

Cato (NYSE:CATO) last posted its quarterly earnings results on Thursday, November 16th. The specialty retailer reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.03. Cato had a net margin of 1.31% and a return on equity of 3.04%. The firm had revenue of $190.30 million during the quarter, compared to analyst estimates of $188.00 million. During the same quarter in the prior year, the business posted $0.30 earnings per share. The company’s quarterly revenue was down 9.1% compared to the same quarter last year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Monday, December 11th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 8.14%. The ex-dividend date is Friday, December 8th. Cato’s dividend payout ratio (DPR) is presently 293.33%.

Several research analysts recently issued reports on CATO shares. BidaskClub lowered shares of Cato from a “sell” rating to a “strong sell” rating in a research report on Thursday, October 5th. TheStreet raised shares of Cato from a “d+” rating to a “c-” rating in a research report on Wednesday, December 6th.

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About Cato

The Cato Corporation is a fashion specialty retailer. The Company’s merchandise lines include dressy, career, and casual sportswear, dresses, coats, shoes, lingerie, costume jewelry, handbags, men’s wear and lines for kids and newborns. The Company has two segments: the operation of a fashion specialty stores segment (Retail Segment) and a credit card segment (Credit Segment).

Insider Buying and Selling by Quarter for Cato (NYSE:CATO)

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