Crown Crafts (CRWS) to Release Earnings on Tuesday

Crown Crafts (NASDAQ:CRWS) will announce its earnings results before the market opens on Tuesday, November 12th. Investors that are interested in registering for the company’s conference call can do so using this link.

Crown Crafts (NASDAQ:CRWS) last announced its quarterly earnings results on Wednesday, August 14th. The textile maker reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $16.21 million for the quarter. Crown Crafts had a return on equity of 8.30% and a net margin of 4.85%.

Crown Crafts Price Performance

Shares of CRWS opened at $4.42 on Monday. Crown Crafts has a one year low of $4.16 and a one year high of $5.97. The stock’s fifty day moving average is $4.74 and its 200-day moving average is $4.90. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.46 and a current ratio of 3.89. The firm has a market capitalization of $45.57 million, a price-to-earnings ratio of 10.52 and a beta of 0.85.

Crown Crafts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 4th. Shareholders of record on Friday, September 13th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.32 annualized dividend and a yield of 7.24%. Crown Crafts’s payout ratio is 76.19%.

Insider Activity

In other news, Director Donald R. Ratajczak bought 10,661 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The shares were purchased at an average price of $4.71 per share, with a total value of $50,213.31. Following the completion of the acquisition, the director now directly owns 261,164 shares in the company, valued at approximately $1,230,082.44. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Zenon S. Nie purchased 11,915 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The shares were purchased at an average price of $4.74 per share, with a total value of $56,477.10. Following the purchase, the director now owns 80,294 shares of the company’s stock, valued at $380,593.56. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Donald R. Ratajczak acquired 10,661 shares of Crown Crafts stock in a transaction on Friday, August 16th. The shares were purchased at an average cost of $4.71 per share, with a total value of $50,213.31. Following the completion of the purchase, the director now directly owns 261,164 shares of the company’s stock, valued at approximately $1,230,082.44. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders purchased 30,661 shares of company stock worth $143,881 over the last three months. Corporate insiders own 9.90% of the company’s stock.

About Crown Crafts

Crown Crafts, Inc, through its subsidiaries, operates in the consumer products industry in the United States and internationally. It provides infant, toddler, and juvenile products, including infant and toddler beddings; blankets and swaddle blankets; dolls and plush toys; nursery and toddler accessories; room décors; reusable and disposable bibs; burp cloths; hooded bath towels and washcloths; reusable and disposable placemats, and floor mats; disposable toilet seat covers and changing mats; developmental toys; feeding and care goods; and other infant, toddler, and juvenile soft goods.