Roth Capital Has Pessimistic Outlook of Cadre Q1 Earnings

Cadre Holdings, Inc. (NYSE:CDRE) – Analysts at Roth Capital cut their Q1 2025 earnings estimates for shares of Cadre in a research report issued on Wednesday, March 12th. Roth Capital analyst M. Koranda now expects that the company will post earnings of $0.13 per share for the quarter, down from their prior forecast of $0.28. The consensus estimate for Cadre’s current full-year earnings is $1.05 per share. Roth Capital also issued estimates for Cadre’s Q3 2025 earnings at $0.39 EPS and FY2026 earnings at $1.52 EPS.

Cadre Stock Performance

Shares of CDRE opened at $32.40 on Monday. The company has a current ratio of 3.01, a quick ratio of 1.96 and a debt-to-equity ratio of 0.65. The firm’s fifty day simple moving average is $35.30 and its two-hundred day simple moving average is $35.39. Cadre has a 12 month low of $29.19 and a 12 month high of $40.28. The stock has a market capitalization of $1.32 billion, a P/E ratio of 39.03, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30.

Cadre (NYSE:CDRE) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.16). Cadre had a net margin of 6.34% and a return on equity of 12.88%. The firm had revenue of $175.98 million during the quarter, compared to the consensus estimate of $170.95 million. During the same period in the prior year, the company posted $0.25 earnings per share. The company’s revenue for the quarter was up 41.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Rafferty Asset Management LLC raised its position in shares of Cadre by 4.7% in the 4th quarter. Rafferty Asset Management LLC now owns 6,653 shares of the company’s stock worth $215,000 after acquiring an additional 299 shares in the last quarter. US Bancorp DE raised its position in shares of Cadre by 10.6% in the 4th quarter. US Bancorp DE now owns 4,178 shares of the company’s stock worth $135,000 after acquiring an additional 400 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Cadre by 4.1% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,823 shares of the company’s stock worth $479,000 after acquiring an additional 578 shares in the last quarter. Truist Financial Corp raised its position in shares of Cadre by 5.8% in the 4th quarter. Truist Financial Corp now owns 11,277 shares of the company’s stock worth $364,000 after acquiring an additional 616 shares in the last quarter. Finally, MetLife Investment Management LLC raised its position in shares of Cadre by 6.0% in the 4th quarter. MetLife Investment Management LLC now owns 16,152 shares of the company’s stock worth $522,000 after acquiring an additional 913 shares in the last quarter. 43.95% of the stock is owned by institutional investors.

Cadre Increases Dividend

The firm 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. The ex-dividend date was Friday, January 31st. This is a positive change from Cadre’s previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a dividend yield of 1.17%. Cadre’s dividend payout ratio (DPR) is 42.22%.

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.