Zacks Research Has Negative Outlook of Carter’s Q1 Earnings

Carter’s, Inc. (NYSE:CRI) – Equities researchers at Zacks Research dropped their Q1 2026 earnings per share (EPS) estimates for Carter’s in a research report issued to clients and investors on Tuesday, November 11th. Zacks Research analyst Team now forecasts that the textile maker will post earnings per share of $0.56 for the quarter, down from their previous forecast of $0.57. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Carter’s’ current full-year earnings is $5.15 per share. Zacks Research also issued estimates for Carter’s’ Q2 2026 earnings at $0.31 EPS, Q3 2026 earnings at $0.42 EPS, Q4 2026 earnings at $1.25 EPS, FY2026 earnings at $2.53 EPS, Q3 2027 earnings at $0.84 EPS and FY2027 earnings at $3.77 EPS.

Several other equities analysts have also weighed in on CRI. Citigroup raised their target price on Carter’s from $28.00 to $34.00 and gave the company a “neutral” rating in a report on Tuesday, October 28th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Carter’s in a research note on Tuesday, October 14th. UBS Group lifted their price objective on Carter’s from $26.00 to $33.00 and gave the company a “neutral” rating in a report on Tuesday, October 28th. Wells Fargo & Company increased their target price on Carter’s from $22.00 to $25.00 and gave the stock an “underweight” rating in a report on Tuesday, October 28th. Finally, Barclays raised their price target on Carter’s from $23.00 to $26.00 and gave the company an “underweight” rating in a report on Tuesday, October 28th. Three investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Carter’s has a consensus rating of “Reduce” and a consensus target price of $29.50.

Carter’s Trading Up 2.5%

Shares of NYSE CRI opened at $33.42 on Wednesday. The business has a 50 day simple moving average of $30.29 and a 200 day simple moving average of $30.40. Carter’s has a 52 week low of $23.38 and a 52 week high of $58.13. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 13.53 and a beta of 1.08. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.03 and a current ratio of 2.26.

Carter’s (NYSE:CRI) last issued its earnings results on Monday, October 27th. The textile maker reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.04). Carter’s had a net margin of 3.15% and a return on equity of 16.71%. The firm had revenue of $757.84 million during the quarter, compared to analysts’ expectations of $760.11 million. During the same quarter last year, the firm earned $1.64 EPS. The business’s revenue for the quarter was down .1% compared to the same quarter last year.

Institutional Trading of Carter’s

Institutional investors and hedge funds have recently bought and sold shares of the business. RWWM Inc. boosted its holdings in shares of Carter’s by 44.8% during the 3rd quarter. RWWM Inc. now owns 5,900,170 shares of the textile maker’s stock worth $166,503,000 after buying an additional 1,824,379 shares during the period. Vanguard Group Inc. lifted its position in Carter’s by 1.1% during the third quarter. Vanguard Group Inc. now owns 4,226,804 shares of the textile maker’s stock worth $119,280,000 after acquiring an additional 46,560 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Carter’s by 113.7% during the second quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock worth $77,267,000 after acquiring an additional 1,364,698 shares during the period. Millennium Management LLC boosted its holdings in shares of Carter’s by 14,270.6% during the first quarter. Millennium Management LLC now owns 1,631,493 shares of the textile maker’s stock worth $66,728,000 after acquiring an additional 1,620,140 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Carter’s by 6.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,327,040 shares of the textile maker’s stock valued at $54,276,000 after purchasing an additional 81,097 shares during the last quarter.

Carter’s Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, August 26th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Tuesday, August 26th. Carter’s’s dividend payout ratio (DPR) is 40.49%.

Carter’s Company Profile

Carter’s, Inc engages in the business of brand marketing of young children’s apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.