Cato (CATO) Receives Daily Media Sentiment Score of 0.21

Headlines about Cato (NYSE:CATO) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. 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 coverage optimism score of 0.21 on Accern’s scale. Accern also assigned news headlines about the specialty retailer an impact score of 45.7034202416523 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of equities analysts have recently commented on the stock. TheStreet raised shares of Cato from a “d+” rating to a “c-” rating in a research note on Wednesday, December 6th. BidaskClub raised shares of Cato from a “strong sell” rating to a “sell” rating in a research note on Saturday, November 11th.

Cato (CATO) traded down $0.17 during trading on Friday, reaching $13.85. 175,624 shares of the company traded hands, compared to its average volume of 290,276. Cato has a 12-month low of $12.20 and a 12-month high of $27.78. The stock has a market cap of $326.33, a P/E ratio of 30.78 and a beta of 1.21.

Cato (NYSE:CATO) last released its quarterly earnings results on Thursday, November 16th. The specialty retailer reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.03. Cato had a net margin of 1.31% and a return on equity of 3.04%. The firm had revenue of $190.30 million for the quarter, compared to the consensus estimate of $188.00 million. During the same quarter in the previous year, the firm posted $0.30 EPS. The firm’s quarterly revenue was down 9.1% on a year-over-year basis.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Monday, December 11th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 9.53%. The ex-dividend date was Friday, December 8th. Cato’s dividend payout ratio (DPR) is 293.33%.

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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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