Loading...

Carter's

NYSE:CRI
Snowflake Description

Excellent balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CRI
NYSE
$4B
Market Cap
  1. Home
  2. US
  3. Consumer Durables
Company description

Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, Child of Mine, Just One You, Precious Firsts, Precious Baby, Simple Joys, OshKosh B'gosh, Skip Hop, and other brands. The last earnings update was 27 days ago. More info.


Add to Portfolio Compare Print
CRI Share Price and Events
7 Day Returns
-0.4%
NYSE:CRI
-3.7%
US Luxury
-1.1%
US Market
1 Year Returns
-9%
NYSE:CRI
15.2%
US Luxury
6.4%
US Market
CRI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Carter's (CRI) -0.4% 2.1% 24.7% -9% -6.7% 24.2%
US Luxury -3.7% -3.2% 16.6% 15.2% 19% 38.6%
US Market -1.1% 0.3% 17.2% 6.4% 37.9% 42.1%
1 Year Return vs Industry and Market
  • CRI underperformed the Luxury industry which returned 15.2% over the past year.
  • CRI underperformed the Market in United States of America which returned 6.4% over the past year.
Price Volatility
CRI
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Carter's undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Carter's to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Carter's.

NYSE:CRI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:CRI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.69 (1 + (1- 21%) (13.86%))
0.843
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.843 * 5.96%)
7.76%

Discounted Cash Flow Calculation for NYSE:CRI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Carter's is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:CRI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.76%)
2019 361.20 Analyst x2 335.20
2020 281.10 Analyst x2 242.09
2021 333.00 Analyst x1 266.15
2022 232.00 Analyst x1 172.08
2023 215.84 Est @ -6.97% 148.57
2024 207.08 Est @ -4.06% 132.28
2025 202.89 Est @ -2.02% 120.28
2026 201.69 Est @ -0.6% 110.96
2027 202.50 Est @ 0.4% 103.38
2028 204.72 Est @ 1.1% 97.00
Present value of next 10 years cash flows $1,727.98
NYSE:CRI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $204.72 × (1 + 2.73%) ÷ (7.76% – 2.73%)
$4,184.66
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $4,184.66 ÷ (1 + 7.76%)10
$1,982.69
NYSE:CRI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,727.98 + $1,982.69
$3,710.67
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $3,710.67 / 45.33
$81.86
NYSE:CRI Discount to Share Price
Calculation Result
Value per share (USD) From above. $81.86
Current discount Discount to share price of $94.45
= -1 x ($94.45 - $81.86) / $81.86
-15.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Carter's is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Carter's's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Carter's's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:CRI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-29) in USD $6.06
NYSE:CRI Share Price ** NYSE (2019-03-22) in USD $94.45
United States of America Luxury Industry PE Ratio Median Figure of 37 Publicly-Listed Luxury Companies 16.01x
United States of America Market PE Ratio Median Figure of 3,062 Publicly-Listed Companies 17.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Carter's.

NYSE:CRI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CRI Share Price ÷ EPS (both in USD)

= 94.45 ÷ 6.06

15.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Carter's is good value based on earnings compared to the US Luxury industry average.
  • Carter's is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Carter's's expected growth come at a high price?
Raw Data
NYSE:CRI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
2.1%per year
United States of America Luxury Industry PEG Ratio Median Figure of 24 Publicly-Listed Luxury Companies 1.62x
United States of America Market PEG Ratio Median Figure of 2,105 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

NYSE:CRI PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.58x ÷ 2.1%

7.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Carter's is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Carter's's assets?
Raw Data
NYSE:CRI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-29) in USD $19.05
NYSE:CRI Share Price * NYSE (2019-03-22) in USD $94.45
United States of America Luxury Industry PB Ratio Median Figure of 48 Publicly-Listed Luxury Companies 1.53x
United States of America Market PB Ratio Median Figure of 5,165 Publicly-Listed Companies 1.85x
NYSE:CRI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CRI Share Price ÷ Book Value per Share (both in USD)

= 94.45 ÷ 19.05

4.96x

* Primary Listing of Carter's.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Carter's is overvalued based on assets compared to the US Luxury industry average.
X
Value checks
We assess Carter's's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Carter's has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Carter's expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Carter's expected to grow at an attractive rate?
  • Carter's's earnings growth is positive but not above the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Carter's's earnings growth is positive but not above the United States of America market average.
  • Carter's's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:CRI Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:CRI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 2.1%
NYSE:CRI Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 2.1%
United States of America Luxury Industry Earnings Growth Rate Market Cap Weighted Average 13.2%
United States of America Luxury Industry Revenue Growth Rate Market Cap Weighted Average 6.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:CRI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:CRI Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 3,790 323 308 1
2021-12-31 3,664 422 307 3
2020-12-31 3,618 369 319 8
2019-12-31 3,524 446 299 8
2018-12-31 3,450 373 273 8
NYSE:CRI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-29 3,462 356 280
2018-09-29 3,404 233 285
2018-06-30 3,428 325 296
2018-03-31 3,423 310 296
2017-12-30 3,401 330 300
2017-09-30 3,307 370 252
2017-07-01 3,260 391 250
2017-04-01 3,208 325 249
2016-12-31 3,199 369 256
2016-10-01 3,132 279 242
2016-07-02 3,080 366 240
2016-04-02 3,053 349 240
2016-01-02 3,014 308 236

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Carter's's earnings are expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).
  • Carter's's revenue is expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:CRI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Carter's Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CRI Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 7.89 7.89 7.89 1.00
2021-12-31 7.64 7.80 7.48 2.00
2020-12-31 7.23 7.36 7.09 5.00
2019-12-31 6.67 6.75 6.58 5.00
2018-12-31 5.78 5.83 5.74 4.00
NYSE:CRI Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-29 6.06
2018-09-29 6.13
2018-06-30 6.31
2018-03-31 6.28
2017-12-30 6.31
2017-09-30 5.24
2017-07-01 5.15
2017-04-01 5.06
2016-12-31 5.12
2016-10-01 4.78
2016-07-02 4.69
2016-04-02 4.65
2016-01-02 4.55

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Carter's is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Carter's's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Carter's has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Carter's performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Carter's's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Carter's's year on year earnings growth rate has been positive over the past 5 years.
  • Carter's's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Carter's's 1-year earnings growth is negative, it can't be compared to the US Luxury industry average.
Earnings and Revenue History
Carter's's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Carter's Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CRI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-29 3,462.27 279.92 1,144.98
2018-09-29 3,403.68 285.33 1,153.93
2018-06-30 3,427.82 295.77 1,156.09
2018-03-31 3,423.37 296.28 1,144.53
2017-12-30 3,400.50 300.44 1,110.53
2017-09-30 3,306.83 251.82 1,064.04
2017-07-01 3,260.21 250.33 1,035.89
2017-04-01 3,207.93 248.75 1,012.57
2016-12-31 3,198.54 255.66 995.41
2016-10-01 3,131.53 241.60 970.52
2016-07-02 3,079.91 240.05 946.23
2016-04-02 3,053.20 239.94 925.16
2016-01-02 3,013.88 235.64 909.23
2015-10-03 3,016.56 231.38 883.60
2015-07-04 2,965.69 217.75 874.06
2015-04-04 2,926.99 207.49 867.03
2015-01-03 2,893.87 192.08 879.78
2014-09-27 2,794.30 166.54 858.68
2014-06-28 2,755.54 157.37 860.15
2014-03-29 2,699.35 151.28 844.60
2013-12-28 2,638.71 158.26 812.77
2013-09-28 2,558.31 164.16 793.51
2013-06-29 2,466.79 166.90 755.71
2013-03-30 2,421.08 168.04 728.29
2012-12-29 2,381.73 159.06 700.13
2012-09-29 2,299.11 145.45 649.10
2012-06-30 2,270.07 120.95 609.68
2012-03-31 2,192.40 112.88 572.38

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Carter's has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Carter's used its assets more efficiently than the US Luxury industry average last year based on Return on Assets.
  • Carter's's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Carter's's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Carter's has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Carter's's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Carter's's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Carter's is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Carter's's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Carter's's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Carter's Company Filings, last reported 2 months ago.

NYSE:CRI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-29 869.43 593.26 170.08
2018-09-29 811.19 798.02 123.90
2018-06-30 810.33 682.78 183.20
2018-03-31 854.81 617.54 180.26
2017-12-30 857.42 617.31 178.49
2017-09-30 771.96 687.07 105.37
2017-07-01 749.91 661.85 173.56
2017-04-01 771.96 581.62 154.28
2016-12-31 788.12 580.38 299.36
2016-10-01 776.13 580.61 140.63
2016-07-02 766.70 580.68 205.08
2016-04-02 848.72 580.32 395.14
2016-01-02 875.05 578.97 381.21
2015-10-03 842.94 585.28 288.26
2015-07-04 802.94 586.30 244.30
2015-04-04 805.71 586.35 377.40
2015-01-03 786.68 586.00 340.64
2014-09-27 751.58 586.00 133.65
2014-06-28 720.37 586.00 207.92
2014-03-29 729.15 586.00 277.24
2013-12-28 700.73 586.00 286.55
2013-09-28 658.92 586.00 201.82
2013-06-29 1,020.94 186.00 312.13
2013-03-30 1,023.19 186.00 397.56
2012-12-29 985.48 186.00 382.24
2012-09-29 933.44 186.00 254.32
2012-06-30 867.34 186.00 237.63
2012-03-31 842.64 236.00 300.54
  • Carter's's level of debt (68.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (83.6% vs 68.2% today).
  • Debt is well covered by operating cash flow (60%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 11.5x coverage).
X
Financial health checks
We assess Carter's's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Carter's has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Carter's's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.91%
Current annual income from Carter's dividends. Estimated to be 2.22% next year.
If you bought $2,000 of Carter's shares you are expected to receive $38 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Carter's's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
  • Carter's's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:CRI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
United States of America Luxury Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:CRI Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 2.37 1.00
2021-12-31 2.27 4.00
2020-12-31 2.07 6.00
2019-12-31 1.97 6.00
2018-12-31 1.80 6.00
NYSE:CRI Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-11-15 1.800 2.071
2018-08-16 1.800 1.843
2018-05-17 1.800 1.629
2018-02-27 1.800 1.680
2017-11-08 1.480 1.295
2017-08-17 1.480 1.596
2017-05-17 1.480 1.711
2017-04-27 1.480 1.631
2017-02-23 1.480 1.654
2016-11-10 1.320 1.509
2016-08-18 1.320 1.450
2016-05-11 1.320 1.276
2016-04-28 1.320 1.266
2016-02-26 1.320 1.281
2016-02-25 1.320 1.317
2015-11-12 0.880 0.978
2015-08-20 0.880 0.948
2015-05-07 0.880 0.851
2015-02-26 0.880 0.947
2014-11-13 0.760 0.916
2014-08-21 0.760 0.951
2014-05-15 0.760 1.043
2014-04-28 0.760 1.040
2013-11-14 0.640 0.891
2013-08-22 0.640 0.879
2013-05-09 0.640 0.891

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Carter's has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Carter's only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Carter's's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.4x coverage).
X
Income/ dividend checks
We assess Carter's's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Carter's afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Carter's has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Carter's's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Casey
COMPENSATION $7,656,246
AGE 57
TENURE AS CEO 10.6 years
CEO Bio

Mr. Michael D. Casey, also known as Mike, has been the Chief Executive Officer of Carter's, Inc. since August 1, 2008 and served as its President from December 2009 to December 2012. Mr. Casey has been the Chief Executive Officer of The William Carter Company since August 2008. He served as the Chief Financial Officer and Executive Vice President of The William Carter Company from March 2003 to August 2008. He served as an Executive Vice President of Carter's, Inc., since March 2003, Chief Financial Officer from 1998 to August 1, 2008, Senior Vice President since 1998, Principal Accounting Officer until August 1, 2008 and also served as its Secretary. He joined The William Carter Company, in 1993 as Vice President of Finance and served as its Senior Vice President of Finance since 1997. He served as a Senior Manager of PricewaterhouseCoopers LLP since 1982 till 1993. He has been the Chairman and Director of Carter's, Inc. since December 2009 and August 7, 2008 respectively. Mr. Casey has been the Chairman and Chief Executive Officer of The William Carter Company since August 2008. He serves as a Director of National Vision, Inc. He served as an Independent Director at The Fresh Market, Inc. from May 1, 2015 to 2016. Mr. Casey holds a B.S. in Business Administration from Bryant University.

CEO Compensation
  • Mike's compensation has been consistent with company performance over the past year.
  • Mike's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Carter's management team in years:

6.3
Average Tenure
51
Average Age
  • The average tenure for the Carter's management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Mike Casey

TITLE
Chairman & CEO
COMPENSATION
$8M
AGE
57
TENURE
10.6 yrs

Brian Lynch

TITLE
President
COMPENSATION
$2M
AGE
55
TENURE
6.3 yrs

Richard Westenberger

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
49
TENURE
10.2 yrs

Peter Smith

TITLE
Executive Vice President of Supply Chain
COMPENSATION
$1M
AGE
57
TENURE
4.2 yrs

Michael Wu

TITLE
SVP of Legal & Corporate Affairs
COMPENSATION
$2M
AGE
51
TENURE
5.1 yrs

William Foglesong

TITLE
Executive Vice President of Retail & Marketing
AGE
48
TENURE
9.2 yrs

Julie D'Emilio

TITLE
Executive Vice President of Sales
AGE
51
TENURE
3.2 yrs

Jill Wilson

TITLE
Senior Vice President of Human Resources & Talent Development
AGE
51
TENURE
10.2 yrs

Patrick Moore

TITLE
Executive Vice President of Strategy & Business Development
AGE
48
TENURE
2.2 yrs

Sean McHugh

TITLE
VP & Treasurer
Board of Directors Tenure

Average tenure and age of the Carter's board of directors in years:

9.3
Average Tenure
59.5
Average Age
  • The tenure for the Carter's board of directors is about average.
Board of Directors

Mike Casey

TITLE
Chairman & CEO
COMPENSATION
$8M
AGE
57
TENURE
9.6 yrs

David Pulver

TITLE
Independent Director
COMPENSATION
$253K
AGE
77
TENURE
17.2 yrs

A. Cleverly

TITLE
Independent Director
COMPENSATION
$247K
AGE
72
TENURE
11 yrs

William Montgoris

TITLE
Independent Director
COMPENSATION
$228K
AGE
72
TENURE
11.6 yrs

Amy Brinkley

TITLE
Independent Director
COMPENSATION
$232K
AGE
62
TENURE
9.1 yrs

Jevin Eagle

TITLE
Independent Director
COMPENSATION
$223K
AGE
51
TENURE
8.7 yrs

Giusy Buonfantino

TITLE
Director
COMPENSATION
$223K
AGE
50
TENURE
2.8 yrs

Mark Hipp

TITLE
Director
AGE
56
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • Carter's insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
04. Mar 19 Sell Amy Brinkley Individual 04. Mar 19 04. Mar 19 -2,475 $97.94 $-238,684
07. Nov 18 Sell Jill Wilson Individual 07. Nov 18 07. Nov 18 -2,835 $96.27 $-272,925
23. Aug 18 Sell Jevin Eagle Individual 22. Aug 18 22. Aug 18 -5,000 $109.10 $-545,500
01. Aug 18 Sell A. Cleverly Individual 30. Jul 18 30. Jul 18 -5,250 $103.45 $-543,113
04. Jun 18 Sell Kevin Corning Individual 01. Jun 18 01. Jun 18 -3,491 $108.51 $-378,823
02. May 18 Buy David Pulver Individual 30. Apr 18 01. May 18 3,000 $100.74 $300,973
X
Management checks
We assess Carter's's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Carter's has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Carter's, Inc. (NYSE:CRI): Will The Growth Last?

Carter's, Inc.'s (NYSE:CRI) most recent earnings update in December 2018a … confirmed … company

Simply Wall St -

Only 2 Days Left To Cash In On Carter's, Inc. (NYSE:CRI) Dividend

If you are interested in cashing in on Carter's, Inc.'s (NYSE:CRI) upcoming dividend of US$0.50 per share, you only have 2 days left to buy the shares before its ex-dividend date, 11 March 2019, in time for dividends payable on the 22 March 2019. … Below, I will explain how holding Carter's can impact your portfolio income stream, by analysing the stock's most recent financial data and dividend attributes. … When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas:?

Simply Wall St -

Why Investors Should Run Towards Carter's, Inc. (NYSE:CRI)

And I'm not talking about buying into speculative, high-risk stocks. … I'm talking about the well-proven, robust track record Carter's, Inc.. … Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, Child of Mine, Just One You, Precious Firsts, Simple Joys, OshKosh, Skip Hop, and other brands

Simply Wall St -

Is Carter's, Inc. (NYSE:CRI) An Attractive Dividend Stock?

Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. … Let's dig deeper into whether Carter's should have a place in your portfolio. … See our latest analysis for Carter's

Simply Wall St -

Boasting A 35% Return On Equity, Is Carter's, Inc. (NYSE:CRI) A Top Quality Stock?

This article is for those who would like to learn about Return On Equity (ROE). … Our data shows Carter's has a return on equity of 35% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should You Like Carter's, Inc.’s (NYSE:CRI) High Return On Capital Employed?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Is Carter's, Inc. (NYSE:CRI) Potentially Underrated?

Attractive stocks have exceptional fundamentals. … is a company with great financial health as well as a. … For those interested in understanding where the figures come from and want to see the analysis,

Simply Wall St -

Is Carter's, Inc.'s (NYSE:CRI) P/E Ratio Really That Good?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Carter's, Inc.'s (NYSE:CRI) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Carter's, Inc. (NYSE:CRI) Insiders Have Been Selling

As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.'. … So what is clear is that an insider saw fit to sell at around the current price of US$82.22. … Over the last year we saw more insider selling of Carter's shares, than buying

Simply Wall St -

How Do Analysts See Carter's Inc (NYSE:CRI) Performing Over The Next Year?

After Carter's Inc's (NYSE:CRI) earnings announcement in September 2018,. … with earnings expected to grow by 2.8% in the upcoming year … the higher past 5-year average growth rate of 13%

Simply Wall St -

Company Info

Description

Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, Child of Mine, Just One You, Precious Firsts, Precious Baby, Simple Joys, OshKosh B'gosh, Skip Hop, and other brands. The company operates through three segments: U.S. Retail, U.S. Wholesale, and International. Its Carter's products include baby products, such as bodysuits, pants, dresses, knit sets, blankets, layette essentials, bibs, booties, sleep and play products, rompers, and jumpers; play clothes comprising knit and woven cotton apparel; sleepwear products consisting of pajamas in cotton, fleece, and ploy-jersey; and other products, including bedding and swimwear products, cribs, diaper bags, footwear, gift sets, hair accessories, jewelry and outerwear goods, paper goods, socks, and toys. The company’s OshKosh brand products comprise playclothes that include denim apparel, overalls, woven bottoms, knit tops, and bodysuits for sizes newborn to 14. It also offers baby, sleepwear, outerwear, footwear, hosiery, and accessories under the OshKosh brand. In addition, the company provides products for playtime, travel, mealtime, bathtime, and homegear, as well as kid’s bags and diaper bags under the Skip Hop brand. As of December 29, 2018, it operated 844 stores in the United States, 188 stores in Canada, and 42 stores in Mexico, as well as approximately 17,000 wholesale stores, including department stores, national chain stores, specialty stores, and discount retailers in the United States. The company also sells its products through e-commerce sites in the United States, Canada, and China, as well as other international wholesale accounts and licensees. The company was founded in 1865 and is headquartered in Atlanta, Georgia.

Details
Name: Carter's, Inc.
CRI
Exchange: NYSE
Founded: 1865
$4,281,418,500
45,330,000
Website: http://www.carters.com
Address: Carter's, Inc.
Phipps Tower,
Suite 1800,
Atlanta,
Georgia, 30326,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CRI Common Stock New York Stock Exchange US USD 24. Oct 2003
DB HCH Common Stock Deutsche Boerse AG DE EUR 24. Oct 2003
Number of employees
Current staff
Staff numbers
21,000
Carter's employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 23:52
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2019/03/21
Last earnings filing: 2019/02/25
Last earnings reported: 2018/12/29
Last annual earnings reported: 2018/12/29


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.