Analysts Set Carter’s, Inc. (NYSE:CRI) Price Target at $35.83

Shares of Carter’s, Inc. (NYSE:CRI) have earned a consensus recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $35.8333.

Several equities analysts have recently commented on the stock. Citigroup upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and boosted their price target for the company from $34.00 to $50.00 in a report on Wednesday, January 21st. Zacks Research upgraded Carter’s from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Weiss Ratings downgraded Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday. UBS Group upped their target price on Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Finally, The Goldman Sachs Group raised their price target on Carter’s from $26.00 to $29.00 and gave the stock a “sell” rating in a research note on Tuesday, January 13th.

Carter’s Price Performance

Shares of CRI opened at $33.90 on Monday. The business’s 50-day moving average is $36.70 and its 200-day moving average is $32.70. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.51 and a quick ratio of 1.44. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 13.45, a P/E/G ratio of 5.14 and a beta of 1.07. Carter’s has a fifty-two week low of $23.38 and a fifty-two week high of $44.44.

Carter’s (NYSE:CRI) last announced its quarterly earnings data on Friday, February 27th. The textile maker reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.70 by $0.20. The firm had revenue of $925.45 million for the quarter, compared to the consensus estimate of $912.36 million. Carter’s had a net margin of 3.17% and a return on equity of 14.45%. The firm’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.39 earnings per share. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. Equities research analysts expect that Carter’s will post 5.15 EPS for the current fiscal year.

Carter’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, March 13th. Carter’s’s dividend payout ratio (DPR) is presently 39.68%.

Institutional Trading of Carter’s

Several large investors have recently added to or reduced their stakes in CRI. UMB Bank n.a. increased its stake in shares of Carter’s by 445.8% during the 4th quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock worth $25,000 after purchasing an additional 633 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Carter’s by 555.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker’s stock worth $31,000 after purchasing an additional 945 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in Carter’s by 1,208.1% during the third quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker’s stock valued at $37,000 after buying an additional 1,196 shares in the last quarter. Versant Capital Management Inc raised its holdings in Carter’s by 135.4% during the third quarter. Versant Capital Management Inc now owns 1,415 shares of the textile maker’s stock valued at $40,000 after buying an additional 814 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Carter’s by 202.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock worth $45,000 after buying an additional 995 shares during the last quarter.

About Carter’s

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.