Crown Crafts, Inc. (CRWS) To Go Ex-Dividend on September 11th

Crown Crafts, Inc. (NASDAQ:CRWS) announced a quarterly dividend on Wednesday, August 12th. Investors of record on Friday, September 11th will be given a dividend of 0.03 per share by the textile maker on Friday, October 2nd. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Friday, September 11th.

Crown Crafts has decreased its dividend by an average of 0.1%annually over the last three years.

Crown Crafts Trading Down 10.4%

Shares of CRWS stock opened at $2.66 on Friday. The company has a 50 day moving average of $2.91 and a 200-day moving average of $2.85. The company has a quick ratio of 1.53, a current ratio of 3.58 and a debt-to-equity ratio of 0.31. Crown Crafts has a 12-month low of $2.35 and a 12-month high of $3.17. The firm has a market cap of $28.62 million, a P/E ratio of 5.66 and a beta of 0.64.

Crown Crafts (NASDAQ:CRWS) last announced its quarterly earnings data on Wednesday, August 12th. The textile maker reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.05. Crown Crafts had a return on equity of 12.91% and a net margin of 5.99%.The business had revenue of $16.77 million for the quarter, compared to analysts’ expectations of $20.90 million.

Analyst Ratings Changes

Separately, Weiss Ratings raised Crown Crafts from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, June 26th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Crown Crafts Company Profile

Crown Crafts, Inc (NASDAQ: CRWS) is a U.S.-based designer, marketer and distributor of infant, toddler and juvenile consumer products. The company develops a wide range of softlines and related accessories, including crib and toddler bedding, blankets, decorative pillows, bath towels and washcloths. Since its founding in 1957, Crown Crafts has focused on combining creative design with functional quality to meet the shifting preferences of young families and caregivers.

The company operates two primary business segments.