Crown Crafts (NASDAQ:CRWS) Announces Quarterly Earnings Results

Crown Crafts (NASDAQ:CRWS) issued its earnings results on Wednesday. The textile maker reported $0.09 earnings per share for the quarter, Zacks reports. Crown Crafts had a return on equity of 7.57% and a net margin of 3.73%.

Crown Crafts Stock Down 0.4 %

Shares of NASDAQ CRWS traded down $0.02 during mid-day trading on Friday, reaching $4.25. 1,779 shares of the company traded hands, compared to its average volume of 17,232. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.51 and a current ratio of 3.32. The stock has a market cap of $44.11 million, a PE ratio of 13.27 and a beta of 0.84. The company’s fifty day moving average is $4.49 and its two-hundred day moving average is $4.64. Crown Crafts has a fifty-two week low of $4.21 and a fifty-two week high of $5.97.

Crown Crafts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.54%. The ex-dividend date of this dividend is Friday, March 14th. Crown Crafts’s dividend payout ratio is 100.00%.

Crown Crafts Company Profile

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.