Crown Crafts (NASDAQ:CRWS) Releases Earnings Results

Crown Crafts (NASDAQ:CRWS) issued its earnings results on Wednesday. The textile maker reported ($0.04) earnings per share (EPS) for the quarter, Zacks reports. Crown Crafts had a return on equity of 5.99% and a net margin of 2.81%.

Crown Crafts Price Performance

Shares of Crown Crafts stock opened at $2.84 on Thursday. Crown Crafts has a 52-week low of $2.80 and a 52-week high of $5.35. The stock has a market capitalization of $29.52 million, a price-to-earnings ratio of 11.83 and a beta of 0.91. The company has a fifty day moving average of $3.09 and a 200-day moving average of $3.76. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 3.36.

Crown Crafts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Friday, June 13th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 11.27%. Crown Crafts’s dividend payout ratio (DPR) is 133.33%.

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.