Should I buy or sell Wolverine World Wide stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last twelve months. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" WWW shares. View WWW analyst ratings or view top-rated stocks .

What is Wolverine World Wide's stock price target for 2024?

7 brokers have issued 1-year target prices for Wolverine World Wide's stock. Their WWW share price targets range from $7.00 to $15.00. On average, they expect the company's share price to reach $10.63 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price. View analysts price targets for WWW or view top-rated stocks among Wall Street analysts .

How have WWW shares performed in 2024?

Wolverine World Wide's stock was trading at $8.89 on January 1st, 2024. Since then, WWW stock has increased by 7.9% and is now trading at $9.59. View the best growth stocks for 2024 here .

When is Wolverine World Wide's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our WWW earnings forecast .

How were Wolverine World Wide's earnings last quarter?

Wolverine World Wide, Inc. (NYSE:WWW) announced its quarterly earnings data on Wednesday, February, 21st. The textile maker reported ($0.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.27) by $0.03. The textile maker earned $526.70 million during the quarter, compared to analysts' expectations of $520.12 million. Wolverine World Wide had a positive trailing twelve-month return on equity of 1.45% and a negative net margin of 1.77%. The firm's revenue for the quarter was down 20.8% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.15) EPS.

How often does Wolverine World Wide pay dividends? What is the dividend yield for Wolverine World Wide?

Wolverine World Wide declared a quarterly dividend on Wednesday, February 7th. Shareholders of record on Monday, April 1st will be paid a dividend of $0.10 per share on Wednesday, May 1st. This represents a $0.40 annualized dividend and a yield of 4.17%. The ex-dividend date is Thursday, March 28th. Read our dividend analysis for WWW .

Is Wolverine World Wide a good dividend stock?

Wolverine World Wide (NYSE:WWW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 4.17%. WWW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for WWW .

What guidance has Wolverine World Wide issued on next quarter's earnings?

Wolverine World Wide updated its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of $0.65 to $0.85 for the period, compared to the consensus EPS estimate of $0.84. The company issued revenue guidance of $1.70 billion to $1.75 billion, compared to the consensus revenue estimate of $1.98 billion.

What is Blake W. Krueger's approval rating as Wolverine World Wide's CEO?

183 employees have rated Wolverine World Wide Chief Executive Officer Blake W. Krueger on Glassdoor.com . Blake W. Krueger has an approval rating of 33% among the company's employees. This puts Blake W. Krueger in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 37.0% of employees surveyed would recommend working at Wolverine World Wide to a friend.

What other stocks do shareholders of Wolverine World Wide own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wolverine World Wide investors own include Wendy's (WEN) , Walgreens Boots Alliance (WBA) , Carnival Co. & (CCL) , Xerox (XRX) , Cheesecake Factory (CAKE) , Fifth Third Bancorp (FITB) , Andersons (ANDE) , AON (AON) and General Electric (GE) .

Who are Wolverine World Wide's major shareholders?

Wolverine World Wide's stock is owned by a number of institutional and retail investors. Top institutional shareholders include GAMMA Investing LLC (0.01%). Insiders that own company stock include Amy M Klimek , Blake W Krueger , Brenda J Lauderback, Brendan Hoffman, Christopher Hufnagel , James D Zwiers , Jeffrey M Boromisa, Joelle Grunberg , Kyle Hanson , Michael D Stornant , Michael Jeppesen , Nicholas T Long and William K Gerber . View institutional ownership trends .

How do I buy shares of Wolverine World Wide?

Shares of WWW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:WWW

Wolverine World Wide (WWW) Stock Price, News & Analysis

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Free WWW Stock Alerts

$9.59

+0.17 (+1.80%)

(As of 04/18/2024 ET)

Compare

Today's Range: $9.36
▼
$9.68
50-Day Range: $8.40
▼
$11.29
52-Week Range: $7.21
▼
$17.85

Volume: 599,083 shs
Average Volume: 720,138 shs
Market Capitalization: $766.34 million

P/E Ratio: N/A
Dividend Yield: 4.17%
Price Target: $10.63

Get Wolverine World Wide alerts:

Wolverine World Wide MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.86 Rating Score
Upside/Downside: 10.8% Upside
$10.63 Price Target
Short Interest: Healthy
5.61% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.21
Upright™ Environmental Score
News Sentiment: 0.07
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 61.04%
From $0.77 to $1.24 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.50 out of 5 stars

Consumer Discretionary Sector

111th out of 250 stocks

Footwear, Except Rubber Industry

3rd out of 6 stocks

1.9

Analyst's Opinion

Consensus Rating
Wolverine World Wide has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on no buy ratings, 6 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Wolverine World Wide has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.61% of the float of Wolverine World Wide has been sold short.
Short Interest Ratio / Days to Cover
Wolverine World Wide has a short interest ratio ("days to cover") of 5.1.
Change versus previous month
Short interest in Wolverine World Wide has recently decreased by 16.16%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Wolverine World Wide is a leading dividend payer. It pays a dividend yield of 4.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Wolverine World Wide does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Wolverine World Wide will have a dividend payout ratio of 32.26% next year. This indicates that Wolverine World Wide will be able to sustain or increase its dividend.

1.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Wolverine World Wide has received a -23.02% net impact score from Upright. The largest negative impact of Wolverine World Wide in category "GHG emissions" seems to be driven mostly by its "Footwear for babies and children", "Sneakers made of virgin materials", "Hiking boots", "Winter boots", "Synthetic fibre jackets and coats", and "Nylon boots" products. See details.
Environmental Sustainability
The Environmental Impact score for Wolverine World Wide is -3.21.

2.3

News and Social Media Coverage

News Sentiment
Wolverine World Wide has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Wolverine World Wide this week, compared to 5 articles on an average week.
Search Interest
3 people have searched for WWW on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
3 people have added Wolverine World Wide to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wolverine World Wide insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.28% of the stock of Wolverine World Wide is held by insiders.
Percentage Held by Institutions
90.25% of the stock of Wolverine World Wide is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Wolverine World Wide are expected to grow by 61.04% in the coming year, from $0.77 to $1.24 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Wolverine World Wide is -18.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wolverine World Wide is -18.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Wolverine World Wide has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Wolverine World Wide Stock (NYSE:WWW)

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. The company sources and markets a range of footwear and apparel styles, including shoes, boots and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Merrell, Saucony, Sperry, Keds, Sweaty Betty, and Wolverine brands; and licenses under the Stride Rite brand. It also markets Merrell and Wolverine branded apparel and accessories, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; and Wolverine branded eyewear and gloves. In addition, the company markets pigskin leather under the Wolverine Leather division; sourcing division provides consulting services related to product development, production control, quality assurance, materials procurement, compliance, and other service; and multi-brand direct-to-consumer division includes retail stores that sell footwear and apparel of its brand portfolio. Further, it sells its products to department stores, national chains, catalog and specialty retailers, independent retailers, uniform outlets, and mass merchant and government customers through retail stores, third-party licensees and distributors, and joint ventures; and operates brick and mortar retails stores, and e-commerce sites. Additionally, the company operates through a network of retail stores and e-commerce sites. Wolverine World Wide, Inc. was founded in 1883 and is headquartered in Rockford, Michigan.

WWW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WWW Stock News Headlines

April 16, 2024 | msn.com

Deadpool and Wolverine gets confusing MCU threequel update

April 15, 2024 | msn.com

Deadpool & Wolverine Is Not Deadpool 3 According To Movie's Director

April 19, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 14, 2024 | msn.com

Wolverine Names His New Son After an Iconic X-Men Hero (Who Joined at the Same Time)

April 14, 2024 | msn.com

Deadpool & Wolverine Might Highlight Marvel's Weak Humor

April 11, 2024 | investing.com

Piper Sandler maintains neutral on Wolverine World Wide shares

April 8, 2024 | msn.com

‘Empowering’ brand Sweaty Betty among the UK's biggest gender pay gaps

April 4, 2024 | msn.com

The Highest-Grossing Hugh Jackman Movies, Ranked

April 19, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 3, 2024 | msn.com

‘Wolverine and the X-Men' Outfit Toonz Teams With Be That Spark Corp on 3D Animated Series ‘Little Sparks' (EXCLUSIVE)

April 2, 2024 | msn.com

Skip Every Running Shoe Brand Except These 10

April 2, 2024 | msn.com

Deadpool and Wolverine producer’s hilarious response to Colin Farrell cameo question

March 29, 2024 | msn.com

X-Men ‘97 Original Voice Actors Had to Audition for Their Roles: 'They Were the Lines From the Original Show'

March 28, 2024 | forbes.com

7 Things To Do In Narvik, Norway’s Emerging Arctic Destination

March 28, 2024 | msn.com

Upcoming Movies: 2024's Most Anticipated Films

March 21, 2024 | seekingalpha.com

Wolverine World Wide: I Would Not Like To Stand In Its Shoes

March 16, 2024 | msn.com

Pros and Cons: Deciphering Henry Cavill’s Fit in ‘Deadpool & Wolverine’

March 12, 2024 | markets.businessinsider.com

Analysts Are Bullish on Top Consumer Cyclical Stocks: Vail Resorts (MTN), Hasbro (HAS)

March 11, 2024 | msn.com

Marvel Comics: Wolverine's greatest comic book influences

March 8, 2024 | yahoo.com

Saucony Adds Pro Runner Vanessa Fraser to Roster

March 8, 2024 | prnewswire.com

Saucony® Signs Pro Runner Vanessa Fraser

March 6, 2024 | forbes.com

‘Deadpool And Wolverine’ Will Be ‘One Of The Most Successful Marvel Movies In A Long Time,’ Says Bob Iger

March 4, 2024 | msn.com

Study finds high PFAS blood levels around old Wolverine Worldwide dump site

March 1, 2024 | yahoo.com

Hundreds Sign Wolverine’s Petition to Add ‘Woman-Made’ to the Dictionary

March 1, 2024 | yahoo.com

Wolverine Worldwide Cuts 150 Jobs at Kentucky Distribution Center Set to Permanently Close

February 29, 2024 | msn.com

Wolverine Highlights ‘Woman-Made' Structures and Female Trade Workers In New Campaign

February 29, 2024 | prnewswire.com

Saucony® Unveils Updated Endorphin Speed 4

See More Headlines

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Company Calendar

Ex-Dividend for 2/1 Dividend: 12/29/2023
Dividend Payable: 2/01/2024
Last Earnings: 2/21/2024
Ex-Dividend for 5/1 Dividend: 3/28/2024
Today: 4/18/2024
Dividend Payable: 5/01/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Footwear, except rubber
Sub-Industry: Footwear
Current Symbol: NYSE:WWW
CUSIP: 97809710
CIK: 110471
Web: www.wolverineworldwide.com
Phone: (616) 866-5500
Fax: 616-866-5550
Employees: 4,100
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $10.63
High Stock Price Target: $15.00
Low Stock Price Target: $7.00
Potential Upside/Downside: +10.8%
Consensus Rating: Reduce
Rating Score (0-4): 1.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.51)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 12.45
P/E Growth: N/A
Net Income: $-39,600,000.00
Net Margins: -1.77%
Pretax Margin: -5.98%
Return on Equity: 1.45%
Return on Assets: 0.22%

Debt

Debt-to-Equity Ratio: 2.02
Current Ratio: 1.18
Quick Ratio: 0.75

Sales & Book Value

Annual Sales: $2.24 billion
Price / Sales: 0.34
Cash Flow: $0.50 per share
Price / Cash Flow: 19.08
Book Value: $3.77 per share
Price / Book: 2.54

Miscellaneous

Outstanding Shares: 79,910,000
Free Float: 78,089,000
Market Cap: $766.34 million
Optionable: Optionable
Beta: 1.75

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Key Executives

Mr. Christopher E. Hufnagel (Age 52)
CEO, President & Director
Comp: $1.16M
Mr. Michael David Stornant (Age 57)
Executive VP, CFO, Chief Accounting Officer & Treasurer
Comp: $841.53k
Mr. James D. Zwiers (Age 56)
Executive VP & President of Global Operations Group
Comp: $921.15k
Ms. Amy M. Klimek (Age 50)
Executive Vice President of Global Human Resources
Comp: $569.35k
Ms. Isabel Soriano (Age 53)
President of International
Comp: $1.64M
Mr. Reginald M. Rasch (Age 53)
Senior VP, General Counsel & Secretary
Mr. Pallav Tamaskar
Chief Marketing Officer
Mr. Thomas M. Kennedy (Age 62)
President of the Work Group
Dee Slater
CIO & Senior Vice President of Central Services
Ms. Sumi Scott
Chief Merchant Officer of Merrell

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WWW Stock Analysis - Frequently Asked Questions

Should I buy or sell Wolverine World Wide stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last twelve months. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" WWW shares.
View WWW analyst ratings or view top-rated stocks.
What is Wolverine World Wide's stock price target for 2024?: 7 brokers have issued 1-year target prices for Wolverine World Wide's stock. Their WWW share price targets range from $7.00 to $15.00. On average, they expect the company's share price to reach $10.63 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price.
View analysts price targets for WWW or view top-rated stocks among Wall Street analysts.
How have WWW shares performed in 2024?: Wolverine World Wide's stock was trading at $8.89 on January 1st, 2024. Since then, WWW stock has increased by 7.9% and is now trading at $9.59.
View the best growth stocks for 2024 here.
When is Wolverine World Wide's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our WWW earnings forecast.
How were Wolverine World Wide's earnings last quarter?: Wolverine World Wide, Inc. (NYSE:WWW) announced its quarterly earnings data on Wednesday, February, 21st. The textile maker reported ($0.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.27) by $0.03. The textile maker earned $526.70 million during the quarter, compared to analysts' expectations of $520.12 million. Wolverine World Wide had a positive trailing twelve-month return on equity of 1.45% and a negative net margin of 1.77%. The firm's revenue for the quarter was down 20.8% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.15) EPS.
How often does Wolverine World Wide pay dividends? What is the dividend yield for Wolverine World Wide?: Wolverine World Wide declared a quarterly dividend on Wednesday, February 7th. Shareholders of record on Monday, April 1st will be paid a dividend of $0.10 per share on Wednesday, May 1st. This represents a $0.40 annualized dividend and a yield of 4.17%. The ex-dividend date is Thursday, March 28th.
Read our dividend analysis for WWW.

Is Wolverine World Wide a good dividend stock?: Wolverine World Wide (NYSE:WWW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 4.17%. WWW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for WWW.
What guidance has Wolverine World Wide issued on next quarter's earnings?: Wolverine World Wide updated its FY24 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of $0.65 to $0.85 for the period, compared to the consensus EPS estimate of $0.84. The company issued revenue guidance of $1.70 billion to $1.75 billion, compared to the consensus revenue estimate of $1.98 billion.
What is Blake W. Krueger's approval rating as Wolverine World Wide's CEO?: 183 employees have rated Wolverine World Wide Chief Executive Officer Blake W. Krueger on Glassdoor.com. Blake W. Krueger has an approval rating of 33% among the company's employees. This puts Blake W. Krueger in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 37.0% of employees surveyed would recommend working at Wolverine World Wide to a friend.
What other stocks do shareholders of Wolverine World Wide own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Wolverine World Wide investors own include Wendy's (WEN), Walgreens Boots Alliance (WBA), Carnival Co. & (CCL), Xerox (XRX), Cheesecake Factory (CAKE), Fifth Third Bancorp (FITB), Andersons (ANDE), AON (AON) and General Electric (GE).
Who are Wolverine World Wide's major shareholders?: Wolverine World Wide's stock is owned by a number of institutional and retail investors. Top institutional shareholders include GAMMA Investing LLC (0.01%). Insiders that own company stock include Amy M Klimek, Blake W Krueger, Brenda J Lauderback, Brendan Hoffman, Christopher Hufnagel, James D Zwiers, Jeffrey M Boromisa, Joelle Grunberg, Kyle Hanson, Michael D Stornant, Michael Jeppesen, Nicholas T Long and William K Gerber.
View institutional ownership trends.
How do I buy shares of Wolverine World Wide?: Shares of WWW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:WWW) was last updated on 4/19/2024 by MarketBeat.com Staff

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Wolverine World Wide (WWW) Stock Price, News & Analysis

Wolverine World Wide MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Wolverine World Wide Stock (NYSE:WWW)

WWW Stock Price History

WWW Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

WWW Stock Analysis - Frequently Asked Questions

Overall MarketRank^™