B. Riley Weighs in on Cadre’s Q1 Earnings (NYSE:CDRE)

Cadre Holdings, Inc. (NYSE:CDRE) – Equities researchers at B. Riley issued their Q1 2025 earnings per share estimates for Cadre in a report released on Wednesday, March 12th. B. Riley analyst J. Van. Sinderen forecasts that the company will post earnings per share of $0.08 for the quarter. The consensus estimate for Cadre’s current full-year earnings is $1.05 per share. B. Riley also issued estimates for Cadre’s Q2 2025 earnings at $0.28 EPS, FY2025 earnings at $0.98 EPS and FY2026 earnings at $1.29 EPS.

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

Cadre Stock Down 3.8 %

Shares of NYSE CDRE opened at $32.45 on Monday. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 39.09, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.01 and a quick ratio of 1.96. The business has a 50-day moving average of $35.29 and a two-hundred day moving average of $35.42. Cadre has a 1 year low of $29.19 and a 1 year high of $40.28.

Institutional Trading of Cadre

Institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC lifted its holdings in shares of Cadre by 15.1% in the 3rd quarter. Geode Capital Management LLC now owns 583,678 shares of the company’s stock valued at $22,155,000 after purchasing an additional 76,750 shares during the last quarter. Barclays PLC lifted its holdings in shares of Cadre by 335.6% in the 3rd quarter. Barclays PLC now owns 53,397 shares of the company’s stock valued at $2,025,000 after purchasing an additional 41,139 shares during the last quarter. WCM Investment Management LLC purchased a new stake in shares of Cadre in the 4th quarter valued at about $12,420,000. Loomis Sayles & Co. L P lifted its holdings in shares of Cadre by 21.6% in the 3rd quarter. Loomis Sayles & Co. L P now owns 940,731 shares of the company’s stock valued at $35,701,000 after purchasing an additional 167,214 shares during the last quarter. Finally, Franklin Resources Inc. purchased a new stake in shares of Cadre in the 3rd quarter valued at about $208,000. 43.95% of the stock is owned by hedge funds and other institutional investors.

Cadre Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.17%. This is an increase from Cadre’s previous quarterly dividend of $0.09. The ex-dividend date was Friday, January 31st. Cadre’s payout ratio is 42.22%.

Cadre Company Profile

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.