Somewhat Positive Media Coverage Somewhat Unlikely to Affect Cato (CATO) Share Price

Media stories about Cato (NYSE:CATO) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cato earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave news headlines about the specialty retailer an impact score of 46.2494959806199 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

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CATO stock opened at $14.09 on Friday. Cato has a one year low of $10.76 and a one year high of $23.30. The firm has a market cap of $316.56, a price-to-earnings ratio of 45.45 and a beta of 0.94.

Cato (NYSE:CATO) last posted its quarterly earnings results on Thursday, March 22nd. The specialty retailer reported ($0.14) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.60) by $0.46. The business had revenue of $213.01 million for the quarter. Cato had a net margin of 1.00% and a return on equity of 5.87%.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 28th. Shareholders of record on Monday, March 12th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 9.37%. This is an increase from Cato’s previous quarterly dividend of $0.30. The ex-dividend date is Friday, March 9th. Cato’s dividend payout ratio is presently 425.81%.

Separately, TheStreet raised shares of Cato from a “d+” rating to a “c-” rating in a research note 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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