Is NYSE:CRI suited for dividend investing?

Discover CARTER'S INC (NYSE:CRI)—a stock that our stock screener has recognized as a solid dividend pick with strong fundamentals. NYSE:CRI showcases decent financial health and profitability while providing a sustainable dividend. We'll explore the specifics further.

What does the Dividend looks like for NYSE:CRI

An integral part of ChartMill's stock analysis is the Dividend Rating, which spans from 0 to 10. This rating evaluates diverse dividend factors, including yield, historical data, growth, and sustainability. NYSE:CRI has received a 7 out of 10:

• With a Yearly Dividend Yield of 4.68%, CRI is a good candidate for dividend investing.
• Compared to an average industry Dividend Yield of 4.04, CRI pays a better dividend. On top of this CRI pays more dividend than 81.63% of the companies listed in the same industry.
• CRI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.72.
• On average, the dividend of CRI grows each year by 23.76%, which is quite nice.
• CRI has been paying a dividend for at least 10 years, so it has a reliable track record.

How do we evaluate the Health for NYSE:CRI?

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:CRI scores a 6 out of 10:

• CRI has an Altman-Z score of 3.54. This indicates that CRI is financially healthy and has little risk of bankruptcy at the moment.
• CRI's Altman-Z score of 3.54 is fine compared to the rest of the industry. CRI outperforms 65.31% of its industry peers.
• CRI has a debt to FCF ratio of 1.46. This is a very positive value and a sign of high solvency as it would only need 1.46 years to pay back of all of its debts.
• CRI has a Debt to FCF ratio of 1.46. This is in the better half of the industry: CRI outperforms 75.51% of its industry peers.
• Even though the debt/equity ratio score it not favorable for CRI, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
• CRI has a Current Ratio of 2.02. This indicates that CRI is financially healthy and has no problem in meeting its short term obligations.

Exploring NYSE:CRI's Profitability

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:CRI has earned a 6 out of 10:

• CRI has a better Return On Assets (8.81%) than 77.55% of its industry peers.
• CRI's Return On Equity of 26.02% is amongst the best of the industry. CRI outperforms 87.76% of its industry peers.
• CRI has a Return On Invested Capital of 13.43%. This is in the better half of the industry: CRI outperforms 79.59% of its industry peers.
• The Average Return On Invested Capital over the past 3 years for CRI is above the industry average of 10.40%.
• CRI has a Profit Margin of 6.66%. This is in the better half of the industry: CRI outperforms 69.39% of its industry peers.
• CRI's Operating Margin of 10.04% is fine compared to the rest of the industry. CRI outperforms 69.39% of its industry peers.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

Our latest full fundamental report of CRI contains the most current fundamental analsysis.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.