NYSE:KTB Kontoor Brands (KTB) Stock Forecast, Price & News $41.82 -0.91 (-2.13%) (As of 04:28 PM ET) Add Compare Share Share Today's Range$41.77▼$42.9950-Day Range$40.12▼$49.5052-Week Range$31.46▼$53.83Volume257,075 shsAverage Volume451,486 shsMarket Capitalization$2.35 billionP/E Ratio11.58Dividend Yield4.59%Price Target$56.29 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Kontoor Brands MarketRank™ ForecastAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside34.6% Upside$56.29 Price TargetShort InterestHealthy4.43% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.60Upright™ Environmental ScoreNews Sentiment0.25Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth13.65%From $4.69 to $5.33 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.59 out of 5 starsConsumer Discretionary Sector82nd out of 269 stocksMens' & Boy's Furnishings, Work Clothing, & Allied Garments Industry5th out of 6 stocks 3.4 Analyst's Opinion Consensus RatingKontoor Brands has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $56.29, Kontoor Brands has a forecasted upside of 34.6% from its current price of $41.82.Amount of Analyst CoverageKontoor Brands has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.43% of the float of Kontoor Brands has been sold short.Short Interest Ratio / Days to CoverKontoor Brands has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Kontoor Brands has recently decreased by 7.89%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipKontoor Brands is a leading dividend payer. It pays a dividend yield of 4.48%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKontoor Brands has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Kontoor Brands is 53.19%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Kontoor Brands will have a dividend payout ratio of 36.02% next year. This indicates that Kontoor Brands will be able to sustain or increase its dividend. Previous Next 1.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreKontoor Brands has received a -42.37% net impact score from Upright. The largest negative impact of Kontoor Brands in category "GHG emissions" seems to be driven mostly by its "Synthetic fibre jackets and coats", "Cotton shorts", "Synthetic fibre sweaters", "Cotton shirts", "Dresses and skirts", and "Cotton sweaters" products. See details.Environmental SustainabilityThe Environmental Impact score for Kontoor Brands is -3.60. Previous Next 2.4 News and Social Media Coverage News SentimentKontoor Brands has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Kontoor Brands this week, compared to 3 articles on an average week.MarketBeat Follows2 people have added Kontoor Brands to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kontoor Brands insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.60% of the stock of Kontoor Brands is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Kontoor Brands are expected to grow by 13.65% in the coming year, from $4.69 to $5.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kontoor Brands is 11.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Kontoor Brands is 11.58, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.93.Price to Earnings Growth RatioKontoor Brands has a PEG Ratio of 1.14. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKontoor Brands has a P/B Ratio of 9.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Kontoor Brands (NYSE:KTB) StockKontoor Brands, Inc., a lifestyle apparel company, designs, produces, procures, markets, distributes, and licenses denim, apparel, footwear, and accessories, primarily under the Wrangler and Lee brands. It licenses and sells apparel under the Rock & Republic brad name. The company sells its products primarily through mass merchants, specialty stores, mid-tier and traditional department stores, company-operated stores, and online. It operates in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Kontoor Brands, Inc. was incorporated in 2018 and is headquartered in Greensboro, North Carolina.Read More KTB Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KTB Stock News HeadlinesSeptember 26, 2023 | msn.comFrom Vintage Vibes To Modern Street: Lee Unveils '80s-Inspired Collection With China's ROARINGWILDSeptember 26, 2023 | finance.yahoo.comLee® Launches Its First Unisex Apparel Collaboration with Global Streetwear Brand, ROARINGWILD®September 26, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 26, 2023 | americanbankingnews.comKontoor Brands, Inc. (NYSE:KTB) Given Consensus Rating of "Moderate Buy" by BrokeragesSeptember 19, 2023 | forbes.comKontoor Brands Buy Write Offers 6.1% Total Return PotentialSeptember 19, 2023 | msn.comStifel Reiterates Kontoor Brands (KTB) Buy RecommendationSeptember 19, 2023 | americanbankingnews.comStifel Nicolaus Reiterates "Buy" Rating for Kontoor Brands (NYSE:KTB)September 18, 2023 | finance.yahoo.comKontoor Brands (NYSE:KTB) Is Investing Its Capital With Increasing EfficiencySeptember 26, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 12, 2023 | finance.yahoo.comLee® Launches the Re-imagined Women’s Lee Rider JeanSeptember 7, 2023 | finance.yahoo.comSTAUD and Wrangler® Blend California Cool and Western Heritage in New Premium Denim CollaborationSeptember 7, 2023 | msn.comWeaving Modernity With Tradition - STAUD And Wrangler Bring Out New CollectionAugust 22, 2023 | seekingalpha.comKontoor Brands Stock: Weak Growth Keeps Us On The SidelinesAugust 21, 2023 | msn.comKontoor Brands Picks Joe Alkire As Next Finance ChiefAugust 21, 2023 | msn.comKontoor Brands announces CFO transitionAugust 21, 2023 | finance.yahoo.comKontoor Brands Announces Retirement of Chief Financial Officer Rustin Welton and Appoints Joe Alkire as SuccessorAugust 9, 2023 | finance.yahoo.comLee® Launches Its First Women’s Apparel Collaboration with Female-Owned Brand, Daydreamer®August 4, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Kontoor Brands (KTB) and Booking Holdings (BKNG)August 3, 2023 | markets.businessinsider.comKontoor Brands (KTB) Receives a Buy from GuggenheimAugust 3, 2023 | msn.comKontoor Brands jump on strong second-quarter earningsAugust 3, 2023 | msn.comKontoor Brands Shares Soar After Q2 Earnings Beat, Sees Margin Expansion In 2HAugust 3, 2023 | msn.comKontoor Brands (KTB) Surpasses Q2 Earnings EstimatesAugust 3, 2023 | finance.yahoo.comKontoor Brands Reports 2023 Second Quarter Results; Reaffirms 2023 Outlook Excluding Restructuring Charges Associated With Strategic ActionsAugust 2, 2023 | markets.businessinsider.comKontoor Brands earnings preview: what Wall Street is expectingAugust 2, 2023 | finance.yahoo.comMini Rodini and Wrangler® Launch Capsule Collection Inspired by Simplicity, Quality and FreedomAugust 1, 2023 | finance.yahoo.comWrangler® Becomes the Official Jeans of the Dallas CowboysJuly 31, 2023 | msn.comHere's What to Expect From Kontoor Brands (KTB) in Q2 EarningsSee More Headlines Receive KTB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kontoor Brands and its competitors with MarketBeat's FREE daily newsletter. Email Address KTB Company Calendar Last Earnings8/03/2023Ex-Dividend for 9/18 Dividend9/07/2023Dividend Payable9/18/2023Today9/26/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Mens' & boy's furnishings, work clothing, & allied garments Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:KTB CUSIPN/A CIK1760965 Webwww.kontoorbrands.com Phone(336) 332-3400FaxN/AEmployees14,400Year FoundedN/APrice Target and Rating Average Stock Price Forecast$56.29 High Stock Price Forecast$65.00 Low Stock Price Forecast$47.00 Forecasted Upside/Downside+33.3%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$3.61 Trailing P/E Ratio11.69 Forward P/E Ratio9.00 P/E Growth1.14Net Income$245.49 million Net Margins7.84% Pretax Margin10.48% Return on Equity82.45% Return on Assets13.74% Debt Debt-to-Equity Ratio2.39 Current Ratio2.60 Quick Ratio0.98 Sales & Book Value Annual Sales$2.63 billion Price / Sales0.90 Cash Flow$5.20 per share Price / Cash Flow8.12 Book Value$4.52 per share Price / Book9.34Miscellaneous Outstanding Shares56,120,000Free Float54,665,000Market Cap$2.37 billion OptionableNot Optionable Beta1.12 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Scott H. Baxter (Age 58)Pres, CEO & Chair of the Board Comp: $3.14MMr. Thomas E. Waldron (Age 55)Exec. VP, Global Brand Pres of Wrangler & Co-COO Comp: $1.29MMr. Christopher M. Waldeck (Age 56)Exec. VP, Global Brand Pres of Lee & Co-COO Comp: $1.29MMr. Thomas L. Doerr Jr. (Age 48)Exec. VP, Gen. Counsel & Corp. Sec. Comp: $845.36kMr. Joseph A. Alkire (Age 43)Exec. VP & CFO Denise SumnerVP & Chief Accounting OfficerEric TracyVP of Corp. Fin. & Investor RelationsMs. Mame Annan-BrownExec. VP of Global Communications, Public Affairs & ESG and Pres of Kontoor Brands FoundationMr. Peter KiddExec. VP & Chief HR OfficerMr. Ezio GarciamendezSr. VP & Chief Supply Chain OfficerMore ExecutivesKey CompetitorsOxford IndustriesNYSE:OXMPVHNYSE:PVHV.F.NYSE:VFCRalph LaurenNYSE:RLSteven MaddenNASDAQ:SHOOView All CompetitorsInsiders & InstitutionsComerica BankBought 219,214 shares on 8/22/2023Ownership: 0.391%Virginia Retirement Systems ET ALBought 5,900 shares on 8/22/2023Ownership: 0.011%California State Teachers Retirement SystemSold 2,036 shares on 8/21/2023Ownership: 0.111%Teachers Retirement System of The State of KentuckyBought 865 shares on 8/21/2023Ownership: 0.028%Osaic Holdings Inc.Bought 1,528 shares on 8/21/2023Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions KTB Stock - Frequently Asked Questions Should I buy or sell Kontoor Brands stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kontoor Brands in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KTB shares. View KTB analyst ratings or view top-rated stocks. What is Kontoor Brands' stock price forecast for 2023? 7 Wall Street research analysts have issued 1 year price objectives for Kontoor Brands' shares. Their KTB share price forecasts range from $47.00 to $65.00. On average, they anticipate the company's share price to reach $56.29 in the next year. This suggests a possible upside of 33.3% from the stock's current price. View analysts price targets for KTB or view top-rated stocks among Wall Street analysts. How have KTB shares performed in 2023? Kontoor Brands' stock was trading at $39.99 on January 1st, 2023. Since then, KTB shares have increased by 5.6% and is now trading at $42.21. View the best growth stocks for 2023 here. Are investors shorting Kontoor Brands? Kontoor Brands saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,450,000 shares, a drop of 7.9% from the August 15th total of 2,660,000 shares. Based on an average trading volume of 459,800 shares, the short-interest ratio is currently 5.3 days. Currently, 4.4% of the company's shares are short sold. View Kontoor Brands' Short Interest. When is Kontoor Brands' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our KTB earnings forecast. How were Kontoor Brands' earnings last quarter? Kontoor Brands, Inc. (NYSE:KTB) posted its earnings results on Thursday, August, 3rd. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.11. The business earned $616.01 million during the quarter, compared to the consensus estimate of $607.52 million. Kontoor Brands had a net margin of 7.84% and a trailing twelve-month return on equity of 82.45%. The firm's revenue was up .4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.09 earnings per share. How often does Kontoor Brands pay dividends? What is the dividend yield for Kontoor Brands? Kontoor Brands declared a quarterly dividend on Friday, July 21st. Shareholders of record on Friday, September 8th will be paid a dividend of $0.48 per share on Monday, September 18th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.55%. The ex-dividend date of this dividend is Thursday, September 7th. Read our dividend analysis for KTB. What ETFs hold Kontoor Brands' stock? ETFs with the largest weight of Kontoor Brands (NYSE:KTB) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), WisdomTree U.S. SmallCap Dividend Fund (DES), Vanguard S&P Small-Cap 600 Value ETF (VIOV) and Avantis U.S. Small Cap Equity ETF (AVSC).SPDR S&P 600 Small Cap ETF (SLY). Is Kontoor Brands a good dividend stock? Kontoor Brands (NYSE:KTB) pays an annual dividend of $1.92 per share and currently has a dividend yield of 4.48%. KTB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 53.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KTB will have a dividend payout ratio of 36.02% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KTB. What guidance has Kontoor Brands issued on next quarter's earnings? Kontoor Brands updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $4.55-$4.75 for the period, compared to the consensus earnings per share estimate of $4.46. The company issued revenue guidance of -. What is Apisak Tantivorawong's approval rating as Kontoor Brands' CEO? 4 employees have rated Kontoor Brands Chief Executive Officer Apisak Tantivorawong on Glassdoor.com. Apisak Tantivorawong has an approval rating of 72% among the company's employees. What other stocks do shareholders of Kontoor Brands own? Based on aggregate information from My MarketBeat watchlists, some companies that other Kontoor Brands investors own include Intel (INTC), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Pfizer (PFE), Advanced Micro Devices (AMD), V.F. (VFC), Walt Disney (DIS), Verizon Communications (VZ) and Cisco Systems (CSCO). What is Kontoor Brands' stock symbol? Kontoor Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "KTB." Who are Kontoor Brands' major shareholders? Kontoor Brands' stock is owned by a number of institutional and retail investors. Top institutional shareholders include PNC Financial Services Group Inc. (19.20%), Cullen Capital Management LLC (15.02%), BlackRock Inc. (14.27%), State Street Corp (3.70%), Jennison Associates LLC (2.27%) and Geode Capital Management LLC (1.81%). Insiders that own company stock include Christopher Waldeck, Laurel Krueger, Susan Denise Sumner and Thomas E Waldron. View institutional ownership trends. How do I buy shares of Kontoor Brands? Shares of KTB 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. Compare Top Brokerages Here. What is Kontoor Brands' stock price today? One share of KTB stock can currently be purchased for approximately $42.21. How much money does Kontoor Brands make? Kontoor Brands (NYSE:KTB) has a market capitalization of $2.37 billion and generates $2.63 billion in revenue each year. The company earns $245.49 million in net income (profit) each year or $3.61 on an earnings per share basis. How many employees does Kontoor Brands have? The company employs 14,400 workers across the globe. How can I contact Kontoor Brands? Kontoor Brands' mailing address is 400 N. ELM STREET, GREENSBORO NC, 27401. The official website for the company is www.kontoorbrands.com. The company can be reached via phone at (336) 332-3400 or via email at ir@kontoorbrands.com. This page (NYSE:KTB) was last updated on 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Kontoor Brands, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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