Cadre (CDRE) Projected to Announce Earnings on Tuesday

Cadre (NYSE:CDRE) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, March 4th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $170.95 million for the quarter.

Cadre Price Performance

NYSE:CDRE opened at $33.34 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.96 and a current ratio of 3.01. The stock’s 50-day simple moving average is $35.18 and its 200 day simple moving average is $35.57. The company has a market cap of $1.35 billion, a P/E ratio of 40.17, a P/E/G ratio of 1.58 and a beta of 1.27. Cadre has a 52-week low of $29.18 and a 52-week high of $40.28.

Cadre Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date was Friday, January 31st. This is an increase from Cadre’s previous quarterly dividend of $0.09. Cadre’s dividend payout ratio (DPR) is 45.78%.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reduced their target price on Cadre from $39.00 to $37.00 and set a “buy” rating for the company in a research note on Thursday, November 7th.

Insider Buying and Selling at Cadre

In other Cadre news, Director Nicolas Sokolow sold 10,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $33.78, for a total value of $337,800.00. Following the completion of the sale, the director now owns 471,709 shares of the company’s stock, valued at $15,934,330.02. The trade was a 2.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Warren B. Kanders sold 25,589 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $34.20, for a total transaction of $875,143.80. Following the transaction, the chief executive officer now directly owns 11,607,211 shares in the company, valued at $396,966,616.20. This represents a 0.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 112,251 shares of company stock valued at $3,934,286 in the last ninety days. 37.00% of the stock is currently owned by corporate insiders.

About Cadre

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.