KT (KT) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KT in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" KT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KT, but not buy additional shares or sell existing shares.
View KT analyst ratings or view top-rated stocks.

KT's stock was trading at $13.50 on January 1st, 2023. Since then, KT stock has decreased by 8.3% and is now trading at $12.3750.
View the best growth stocks for 2023 here.

KT saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,970,000 shares, an increase of 26.8% from the August 15th total of 3,130,000 shares. Based on an average daily trading volume, of 832,000 shares, the short-interest ratio is presently 4.8 days. Currently, 0.8% of the company's shares are short sold.
View KT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our KT earnings forecast.

KT Co. (NYSE:KT) released its quarterly earnings results on Monday, August, 14th. The technology company reported $0.60 earnings per share for the quarter. The technology company had revenue of $4.98 billion for the quarter. KT had a net margin of 4.73% and a trailing twelve-month return on equity of 6.86%.

KT (NYSE:KT) pays an annual dividend of $0.61 per share and currently has a dividend yield of 4.96%. KT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 32.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KT will have a dividend payout ratio of 29.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KT.

14 employees have rated KT Chief Executive Officer Chang Gyu Hwang on Glassdoor.com. Chang Gyu Hwang has an approval rating of 50% among the company's employees. This puts Chang Gyu Hwang in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other KT investors own include QUALCOMM (QCOM), Pfizer (PFE), AbbVie (ABBV), International Business Machines (IBM), AT&T (T), Energy Transfer (ET), Walt Disney (DIS), General Electric (GE), Verizon Communications (VZ) and Bristol-Myers Squibb (BMY).

KT trades on the New York Stock Exchange (NYSE) under the ticker symbol "KT."

KT's stock is owned by many different retail and institutional investors. Top institutional investors include Silchester International Investors LLP (5.51%), Allspring Global Investments Holdings LLC (2.39%), Kopernik Global Investors LLC (2.29%), Lazard Asset Management LLC (1.13%), Russell Investments Group Ltd. (0.74%) and Kiltearn Partners LLP (0.63%).

Shares of KT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KT stock can currently be purchased for approximately $12.38.

KT (NYSE:KT) has a market capitalization of $6.34 billion and generates $19.85 billion in revenue each year. The technology company earns $882.33 million in net income (profit) each year or $1.86 on an earnings per share basis.

The company employs 20,544 workers across the globe.

KT's mailing address is 90 Buljeong-ro, Seongnam M5, 13606. The official website for the company is www.kt.com. The technology company can be reached via phone at (231) 727-0114 or via fax at 82-3-1727-0949.