NYSE:KORS - Michael Kors Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $43.70 -1.66 (-3.66 %) (As of 03/22/2019 04:00 PM ET)Previous Close$43.70Today's Range$43.06 - $44.9952-Week Range$35.68 - $75.96Volume4.22 million shsAverage Volume3.11 million shsMarket Capitalization$6.57 billionP/E Ratio9.67Dividend YieldN/ABeta0.49 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Michael Kors Holdings Limited design, markets, distributes, and retails branded women's and men's apparel and accessories. It operates in four segments: MK Retail, MK Wholesale, MK Licensing, and Jimmy Choo. The MK Retail segment sells women's apparel; handbags and small leather goods; men's apparel; footwear; and licensed products comprising watches, jewelry, fragrances, and beauty and eyewear. It operates collection stores and lifestyle stores, including concessions and outlets. As of March 31, 2018, this segment operated 379 Michael Kors retail stores, including concessions in the United States and Canada (North America), and Latin America (the Americas); and 450 international retail stores, including concessions in Europe and Asia, as well as e-commerce sites in North America, Canada, Europe, China, Japan, and South Korea. The MK Wholesale segment sells handbags and small leather goods; footwear; and women's and men's apparel to department stores and specialty shops in the Americas, Europe, and Asia. The MK Licensing segment licenses its trademarks to third parties to operate retail stores and/or sell the its products in Brazil, the Middle East, South Africa, Eastern Europe, Asia, and Australia. The Jimmy Choo segment sells luxury footwear, handbags, and small leather goods through directly operated Jimmy Choo stores in North America; Europe, the Middle East, and Africa; and Asia, as well as through Jimmy Choo e-commerce sites. It is also involved in the wholesale distribution activities to partners, multi-brand department stores, and specialty stores worldwide; and licensing agreements related to the manufacture and sale of fragrance, sunglasses, and eyewear. As of March 31, 2018, this segment operated 629 wholesale doors. The company sells its products under the names of MICHAEL KORS, MICHAEL MICHAEL KORS, JIMMY CHOO, and various other trademarks and logos. Michael Kors Holdings Limited was founded in 1981 and is based in London, the United Kingdom. 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Industry, Sector and Symbol Stock Exchange NYSE Industry Leather & leather products Sub-IndustryApparel Accessories & Luxury Goods SectorConsumer Discretionary Current SymbolNYSE:KORS Previous Symbol CUSIPG6075410 CIK1530721 Webwww.michaelkors.com Phone44-20-7632-8600Debt Debt-to-Equity Ratio0.23 Current Ratio1.48 Quick Ratio0.71Price-To-Earnings Trailing P/E Ratio9.67 Forward P/E Ratio8.71 P/E Growth1.22 Sales & Book Value Annual Sales$4.72 billion Price / Sales1.39 Cash Flow$6.8927 per share Price / Cash Flow6.34 Book Value$13.28 per share Price / Book3.29Profitability EPS (Most Recent Fiscal Year)$4.52 Net Income$591.90 million Net Margins11.57% Return on Equity36.66% Return on Assets18.68%Miscellaneous EmployeesN/A Outstanding Shares150,230,000Market Cap$6.57 billion Next Earnings DateN/A OptionableOptionable Michael Kors (NYSE:KORS) Frequently Asked Questions What is Michael Kors' stock symbol? Michael Kors trades on the New York Stock Exchange (NYSE) under the ticker symbol "KORS." How will Michael Kors' stock buyback program work? Michael Kors announced that its Board of Directors has initiated a share buyback program on Sunday, June 4th 2017, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 18.6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued. How were Michael Kors' earnings last quarter? Michael Kors Holdings Ltd (NYSE:KORS) posted its quarterly earnings results on Wednesday, August, 8th. The lifestyle brand reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.37. The lifestyle brand had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.14 billion. Michael Kors had a net margin of 11.57% and a return on equity of 36.66%. The firm's revenue was up 26.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.80 EPS. View Michael Kors' Earnings History. What price target have analysts set for KORS? 26 equities research analysts have issued 1 year price targets for Michael Kors' shares. Their predictions range from $45.00 to $90.00. On average, they anticipate Michael Kors' share price to reach $71.00 in the next twelve months. This suggests a possible upside of 62.5% from the stock's current price. View Analyst Price Targets for Michael Kors. What is the consensus analysts' recommendation for Michael Kors? 26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Michael Kors in the last year. There are currently 14 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Michael Kors. What are Wall Street analysts saying about Michael Kors stock? Here are some recent quotes from research analysts about Michael Kors stock: 1. According to Zacks Investment Research, "Shares of Michael Kors have surged in a year. The company has been constantly deploying resources to expand product offerings, build “shop-in-shops”, and upgrade distribution infrastructure. This along with the “Runway 2020” plan, cost containment efforts, inventory management, focus on e-commerce platform and accretive buyouts bode well. The strategic acquisitions such as that of Jimmy Choo and Versace strengthens Michael Kors’ ambition to become a global luxury player. Management stated that the addition of Versace will help augment group’s revenues to $8 billion in the long term. However, the buyout is likely to dilute earnings per share in the high-single digits in fiscal 2020 but is expected to be accretive in the low-single digits in fiscal 2021 and again in high-single digits in fiscal 2022. Upon the completion of the buyout, Michael Kors will be renamed as Capri Holdings Limited." (10/26/2018) 2. Guggenheim analysts commented, "We continue to expect flat comp sales for the MK brand in FY19, including a LSD decline in 2Q19. MK Wholesale revenue increased 19.5% to $362.8mn (vs. our $329mn est; +18% in CC). The company noted department store product is performing well in the Americas, and overall, the result was aided by shipment timing. Europe remains under pressure due to the company’s ongoing activity to preserve long-term brand health and support full-price selling through the reduction in inventory and promo activity. We expect these efforts to continue further in FY19, driving further wholesale declines, with Europe in the earlier innings of the process of resetting its wholesale base. MK Licensing revenue decreased 5% to $27.5mn." (8/8/2018) Has Michael Kors been receiving favorable news coverage? Press coverage about KORS stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Michael Kors earned a coverage optimism score of -1.5 on InfoTrie's scale. They also assigned news coverage about the lifestyle brand a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. Who are some of Michael Kors' key competitors? Some companies that are related to Michael Kors include Luxottica Group (LUXTY), Sirius XM (SIRI), Hilton Hotels (HLT), Royal Caribbean Cruises (RCL), Toshiba (TOSYY), Panasonic (PCRFY), UNICHARM CORP/S (UNICY), TAL Education Group (TAL), Liberty Global (LBTYB), Lululemon Athletica (LULU), Liberty Global (LBTYA), Liberty Global (LBTYK), IQIYI (IQ), Discovery Inc Series B (DISCB) and CBS (CBS.A). What other stocks do shareholders of Michael Kors own? Based on aggregate information from My MarketBeat watchlists, some companies that other Michael Kors investors own include Gilead Sciences (GILD), Netflix (NFLX), Starbucks (SBUX), Tesla (TSLA), Visa (V), QUALCOMM (QCOM), Intel (INTC), Alphabet (GOOG), Baidu (BIDU) and Alibaba Group (BABA). Who are Michael Kors' key executives? Michael Kors' management team includes the folowing people: Mr. John D. Idol, Chairman & CEO (Age 59)Mr. Michael David Kors, Honorary Chairman, Chief Creative Officer & Director (Age 59)Mr. Thomas J. Edwards Jr., Exec. VP, CFO, COO & Treasurer (Age 54)Ms. Cathy Marie Robinson, COO & Sr. VP of Corp. Strategy (Age 50)Ms. Pascale Meyran, Sr. VP & Chief HR Officer (Age 58) Who are Michael Kors' major shareholders? Michael Kors' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.89%), FMR LLC (3.32%), Oregon Public Employees Retirement Fund (2.18%), APG Asset Management N.V. (2.12%), Bank of New York Mellon Corp (1.26%) and Millennium Management LLC (1.03%). Company insiders that own Michael Kors stock include Cathy Marie Robinson, John D Idol, Krista A Mcdonough, M William Benedetto, Michael David Kors, Pascale Meyran and Stephen F Reitman. View Institutional Ownership Trends for Michael Kors. Which institutional investors are selling Michael Kors stock? KORS stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, Northern Trust Corp, Samlyn Capital LLC, FMR LLC, Shellback Capital LP, APG Asset Management N.V. and Gateway Investment Advisers LLC. Company insiders that have sold Michael Kors company stock in the last year include Cathy Marie Robinson, John D Idol, Krista A Mcdonough and Michael David Kors. View Insider Buying and Selling for Michael Kors. Which institutional investors are buying Michael Kors stock? KORS stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Ardevora Asset Management LLP, Two Sigma Advisers LP, State of New Jersey Common Pension Fund D, Unigestion Holding SA, HAP Trading LLC, ClariVest Asset Management LLC and Teacher Retirement System of Texas. View Insider Buying and Selling for Michael Kors. How do I buy shares of Michael Kors? Shares of KORS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Michael Kors' stock price today? One share of KORS stock can currently be purchased for approximately $43.70. How big of a company is Michael Kors? Michael Kors has a market capitalization of $6.57 billion and generates $4.72 billion in revenue each year. The lifestyle brand earns $591.90 million in net income (profit) each year or $4.52 on an earnings per share basis. What is Michael Kors' official website? The official website for Michael Kors is http://www.michaelkors.com. How can I contact Michael Kors? Michael Kors' mailing address is 33 KINGSWAY, LONDON X0, WC2B 6UF. The lifestyle brand can be reached via phone at 44-20-7632-8600 or via email at [email protected] MarketBeat Community Rating for Michael Kors (NYSE KORS)Community Ranking: 2.5 out of 5 ( )Outperform Votes: 972 (Vote Outperform)Underperform Votes: 973 (Vote Underperform)Total Votes: 1,945MarketBeat's community ratings are surveys of what our community members think about Michael Kors and other stocks. Vote "Outperform" if you believe KORS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KORS will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 3/23/2019 by MarketBeat.com StaffFeatured Article: What is cost of equity?