NYSE:KTKT Stock Price, Forecast & News

$10.28

-0.25 (-2.37 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$10.20

Now: $10.28▼

$10.36

50-Day Range

$8.51

MA: $9.60▼

$10.53

52-Week Range

$6.66

Now: $10.28▼

$12.59

Volume549,300 shs

Average Volume920,863 shs

Market Capitalization$5.04 billion

P/E Ratio9.61

Dividend Yield3.60%

Beta0.81

KT Corporation provides telecommunications services in Korea and internationally. The company offers local, domestic long-distance, and international long-distance fixed-line and voice over Internet protocol fixed-line telephone services, as well as interconnection services; broadband Internet access service and other Internet-related services, including IPTV services; and data communication services, such as leased line and broadband Internet connection services to institutional customers. It also provides mobile voice and data telecommunications, credit card processing and other financial, and satellite TV and media content services. In addition, the company offers information technology and network services. Further, it plans and develops commercial and office buildings and condominiums, as well as leases buildings; maintains public telephones; manages sports groups; develops medicine and pharmacy; and sells communication devices. Additionally, the company offers security, B2C and B2B, investment fund, software development and data processing, Internet banking ASP and security, value added network, system integration and maintenance, mobile marketing, and PCS distribution services. It also provides TV content, residential building development and supply, asset management and consulting, cloud system, data center development, satellite communication, music contents investment, technology business finance, advertising agency, network installation and management, system integration and maintenance, foreign investment, electronic communication, and wireless high speed Internet services, as well as call center services for the financial sectors. As of December 31, 2017, the company served approximately 20,015,000 mobile subscribers and 7.5 million IPTV subscribers. The company was formerly known as Korea Telecom Corp. and changed its name to KT Corporation in March 2002. KT Corporation was founded in 1981 and is headquartered in Seongnam, South Korea.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
KT has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.10, KT has a potential upside of 37.2% from its current price of $10.28.
Amount of Analyst Coverage
KT has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
KT has received 199 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
KT has received 263 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
KT has received 56.93% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about KT and other stocks. Vote “Outperform” if you believe KT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KT will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
KT is a leading dividend payer. It pays a dividend yield of 3.60%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
KT has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of KT is 34.58 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, KT will have a dividend payout ratio of 28.46 % next year. This indicates that KT will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, KT insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of KT is held by insiders.
Percentage Held by Institutions
Only 31.87% of the stock of KT is held by institutions.

3.8 Earnings and Valuation

Earnings Growth
Earnings for KT are expected to grow by 12.07% in the coming year, from $1.16 to $1.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of KT is 9.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of KT is 9.61, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.12.
Price to Earnings Growth Ratio
KT has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
KT has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.51 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Telephone communication, except radio

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:KT

Previous Symbol

CUSIPN/A

CIK892450

Webwww.kt.com

Phone82-3-1727-0114

Debt

Debt-to-Equity Ratio0.40

Current Ratio1.19

Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio9.61

Forward P/E Ratio8.86

P/E Growth0.82

Sales & Book Value

Annual Sales$20.72 billion

Price / Sales0.24

Cash Flow$6.99 per share

Price / Cash Flow1.47

Book Value$24.70 per share

Price / Book0.42

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees23,372

Outstanding Shares490,482,000

Market Cap$5.04 billion

Next Earnings DateN/A

OptionableOptionable

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KT (NYSE:KT) Frequently Asked Questions

How has KT's stock been impacted by COVID-19 (Coronavirus)?

KT's stock was trading at $9.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KT shares have increased by 9.6% and is now trading at $10.28. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of KT?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KT in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for KT.

What price target have analysts set for KT?

2 Wall Street analysts have issued 12-month target prices for KT's shares. Their forecasts range from $14.10 to $14.10. On average, they expect KT's share price to reach $14.10 in the next year. This suggests a possible upside of 37.2% from the stock's current price. View analysts' price targets for KT.

Has KT been receiving favorable news coverage?

Press coverage about KT stock has trended positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. KT earned a media sentiment score of 2.8 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutKT.

Are investors shorting KT?

KT saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,020,000 shares, an increase of 59.5% from the April 30th total of 639,400 shares. Based on an average daily volume of 1,050,000 shares, the short-interest ratio is currently 1.0 days. Currently, 0.2% of the shares of the company are sold short. View KT's Current Options Chain.

Who are some of KT's key competitors?

Some companies that are related to KT include Advanced Info Service PCL (AVIFY), Telefonica Brasil (VIV), TELIA Co A B/ADR (TLSNY), Liberty Sirius XM Group Series B (LSXMB), Liberty Sirius XM Group Series A (LSXMA), Centurylink (CTL), Koninklijke KPN (KKPNY), Koninklijke KPN (KKPNF), TELE2 AB/ADR (TLTZY), Zayo Group (ZAYO), Liberty Sirius XM Group Series C (LSXMK), GCI Liberty (GLIBA), TIM Participacoes (TSU), Spark New Zealand (SPKKY) and PLDT (PHI). View all competitors.

What other stocks do shareholders of KT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other KT investors own include Energy Transfer LP Unit (ET), IBM (IBM), AT&T (T), Verizon Communications (VZ), Intel (INTC), Marathon Petroleum (MPC), QUALCOMM (QCOM), Canopy Growth (CGC), Enbridge (ENB) and General Electric (GE).

Who are KT's key executives?

KT's management team includes the following people:

Mr. Chang-Gyu Hwang, CEO & Director (Age 66)
Mr. Hyeon Mo Ku, Standing Director, Pres & Chief Strategy Officer (Age 55)
Kwang-suk Shin, Chief Financial Officer and Exec. VP of Corp. Planning Group - Financial Office (Age 59)
Seung-Hoon Chi, Investor Relations Officer
Mr. Kyu-Taek Nam, Chief of Operating Office for Corp. Mgmt Group & HR Office, Sr. EVP and CEO of KT CS (Age 58)

What is KT's stock symbol?

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

Who are KT's major shareholders?

KT's stock is owned by a number of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (2.24%), Acadian Asset Management LLC (1.92%), Kopernik Global Investors LLC (1.67%), Kiltearn Partners LLP (1.57%), Russell Investments Group Ltd. (1.56%) and Morgan Stanley (1.35%).

Which major investors are selling KT stock?

KT stock was sold by a variety of institutional investors in the last quarter, including Mitsubishi UFJ Trust & Banking Corp, NINE MASTS CAPITAL Ltd, BlackRock Inc., Two Sigma Investments LP, Morgan Stanley, Morgan Stanley, Acadian Asset Management LLC, and CWA Asset Management Group LLC.

Which major investors are buying KT stock?

KT stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Kopernik Global Investors LLC, Kiltearn Partners LLP, Legal & General Group Plc, Wells Fargo & Company MN, Virtus ETF Advisers LLC, Jane Street Group LLC, and Grantham Mayo Van Otterloo & Co. LLC.

How do I buy shares of KT?

Shares of KT 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, Robinhood, Fidelity, and Charles Schwab.

What is KT's stock price today?

One share of KT stock can currently be purchased for approximately $10.28.

How big of a company is KT?

KT has a market capitalization of $5.04 billion and generates $20.72 billion in revenue each year. The technology company earns $519.29 million in net income (profit) each year or $1.07 on an earnings per share basis. KT employs 23,372 workers across the globe.

What is KT's official website?

The official website for KT is www.kt.com.

How can I contact KT?

KT's mailing address is 90 Buljeong-ro, Seongnam M5, 13606. The technology company can be reached via phone at 82-3-1727-0114.

This page was last updated on 6/5/2020 by MarketBeat.com Staff