Cadre (NYSE:CDRE) Announces Quarterly Earnings Results, Misses Expectations By $0.16 EPS

Cadre (NYSE:CDRE) announced its quarterly earnings data on Tuesday. The company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.16), Briefing.com reports. Cadre had a return on equity of 12.88% and a net margin of 6.34%. The business had revenue of $175.98 million during the quarter, compared to analysts’ expectations of $170.95 million. During the same quarter last year, the company posted $0.25 EPS. Cadre’s revenue for the quarter was up 41.3% compared to the same quarter last year. Cadre updated its FY 2025 guidance to EPS.

Cadre Trading Up 5.2 %

Cadre stock opened at $35.27 on Thursday. Cadre has a 12 month low of $29.19 and a 12 month high of $40.28. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 42.50, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30. The business’s fifty day simple moving average is $35.22 and its two-hundred day simple moving average is $35.46. The company has a current ratio of 3.01, a quick ratio of 1.96 and a debt-to-equity ratio of 0.65.

Cadre Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend was Friday, January 31st. This is a positive change from Cadre’s previous quarterly dividend of $0.09. Cadre’s dividend payout ratio (DPR) is 45.78%.

Insider Activity

In other news, CEO Warren B. Kanders sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $35.29, for a total value of $882,250.00. Following the transaction, the chief executive officer now owns 11,407,211 shares in the company, valued at approximately $402,560,476.19. This represents a 0.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 37.00% of the company’s stock.

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.