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NYSE:CATO

Cato (CATO) Stock Price, News & Analysis

$4.70
+0.07 (+1.51%)
(As of 09/26/2024 ET)

About Cato Stock (NYSE:CATO)

Key Stats

Today's Range
$4.63
$4.75
50-Day Range
$4.35
$5.24
52-Week Range
$4.27
$8.58
Volume
21,699 shs
Average Volume
112,653 shs
Market Capitalization
$96.61 million
P/E Ratio
N/A
Dividend Yield
14.47%
Price Target
N/A
Consensus Rating
N/A

Company Overview

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants. It operates its stores and e-commerce websites under the Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro, and Versona names. It also provides credit card services to its customers, as well as layaway plans for customers. The Cato Corporation was incorporated in 1946 and is headquartered in Charlotte, North Carolina.

Cato Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
30th Percentile Overall Score

CATO MarketRank™: 

Cato scored higher than 30% of companies evaluated by MarketBeat, and ranked 176th out of 223 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cato is -5.60, 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 Cato is -5.60, 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

    Cato has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Cato's valuation and earnings.
  • Percentage of Shares Shorted

    2.76% of the float of Cato has been sold short.
  • Short Interest Ratio / Days to Cover

    Cato has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cato has recently increased by 0.17%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Cato is a leading dividend payer. It pays a dividend yield of 14.94%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Cato does not have a long track record of dividend growth.

  • Read more about Cato's dividend.
  • Percentage of Shares Shorted

    2.76% of the float of Cato has been sold short.
  • Short Interest Ratio / Days to Cover

    Cato has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cato has recently increased by 0.17%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Cato has a news sentiment score of -0.32. 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 0.59 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Cato this week, compared to 8 articles on an average week.
  • Search Interest

    6 people have searched for CATO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cato insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    16.58% of the stock of Cato is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    61.10% of the stock of Cato is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Cato's insider trading history.
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CATO Stock News Headlines

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CATO Stock Analysis - Frequently Asked Questions

Cato's stock was trading at $7.14 at the start of the year. Since then, CATO stock has decreased by 34.2% and is now trading at $4.70.
View the best growth stocks for 2024 here
.

The Cato Co. (NYSE:CATO) announced its quarterly earnings data on Thursday, August, 22nd. The specialty retailer reported $0.01 EPS for the quarter. The specialty retailer earned $168.63 million during the quarter. Cato had a negative net margin of 2.71% and a negative trailing twelve-month return on equity of 9.19%.

Cato's top institutional investors include Dimensional Fund Advisors LP (4.95%), Renaissance Technologies LLC (2.82%), Acuitas Investments LLC (2.40%) and American Century Companies Inc. (0.57%). Insiders that own company stock include John P D Cato and Bailey W Patrick.
View institutional ownership trends
.

Shares of CATO 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cato investors own include AT&T (T), Kohl's (KSS), Pfizer (PFE), Freeport-McMoRan (FCX), International Business Machines (IBM), Verizon Communications (VZ) and Bed Bath & Beyond (BBBY).

Company Calendar

Last Earnings
8/22/2024
Ex-Dividend for 9/30 Dividend
9/16/2024
Today
9/27/2024
Dividend Payable
9/30/2024
Next Earnings (Estimated)
11/21/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Womens' clothing stores
Sub-Industry
Apparel Retail
CUSIP
14920510
Employees
7,300
Year Founded
1946

Profitability

Net Income
$-23,940,000.00
Pretax Margin
-1.54%

Debt

Sales & Book Value

Annual Sales
$678.87 million
Book Value
$9.48 per share

Miscellaneous

Free Float
17,147,000
Market Cap
$96.61 million
Optionable
Optionable
Beta
1.13

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This page (NYSE:CATO) was last updated on 9/27/2024 by MarketBeat.com Staff
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