NYSE:KTB Kontoor Brands - KTB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $48.01 -0.52 (-1.07%) (As of 03/23/2023 12:00 AM ET) Add Compare Share Share Today's Range$47.73▼$49.0550-Day Range$43.31▼$52.9652-Week Range$30.98▼$53.83Volume499,380 shsAverage Volume434,120 shsMarket Capitalization$2.67 billionP/E Ratio11.17Dividend Yield4.00%Price Target$55.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Kontoor Brands MarketRank™ ForecastAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside15.1% Upside$55.25 Price TargetShort InterestBearish7.87% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.60Upright™ Environmental ScoreNews Sentiment-0.12Based on 3 Articles This WeekInsider TradingSelling Shares$3.44 M Sold Last QuarterProj. Earnings Growth15.79%From $4.75 to $5.50 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.2.46 out of 5 starsConsumer Discretionary Sector78th out of 261 stocksMens' & Boy's Furnishings, Work Clothing, & Allied Garments Industry3rd out of 6 stocks 3.3 Analyst's Opinion Consensus RatingKontoor Brands has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $55.25, Kontoor Brands has a forecasted upside of 15.1% from its current price of $48.01.Amount of Analyst CoverageKontoor Brands has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.87% 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 9.3.Change versus previous monthShort interest in Kontoor Brands has recently increased by 9.74%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipKontoor Brands is a leading dividend payer. It pays a dividend yield of 3.88%, 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 44.65%. 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 34.91% 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 2.2 News and Social Media Coverage News SentimentKontoor Brands has a news sentiment score of -0.12. 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 0.39 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Kontoor Brands this week, compared to 2 articles on an average week.Search Interest7 people have searched for KTB on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat Follows7 people have added Kontoor Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kontoor Brands insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,441,665.00 in company stock.Percentage Held by InsidersOnly 2.30% of the stock of Kontoor Brands is held by insiders. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Kontoor Brands are expected to grow by 15.79% in the coming year, from $4.75 to $5.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kontoor Brands is 11.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Kontoor Brands is 11.17, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.70.Price to Earnings Growth RatioKontoor Brands has a PEG Ratio of 1.30. 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 10.62. 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. engages in the design, manufacture, sourcing, marketing, and distribution of a portfolio of brands. It operates through the Wrangler and Lee segment. The company was founded on November 18, 2018 and is headquartered in Greensboro, NC.Read More 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 Stock News HeadlinesMarch 20, 2023 | americanbankingnews.comInsider Selling: Kontoor Brands, Inc. (NYSE:KTB) COO Sells $1,819,527.16 in StockMarch 15, 2023 | americanbankingnews.comKontoor Brands, Inc. (NYSE:KTB) Given Consensus Recommendation of "Moderate Buy" by AnalystsMarch 23, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 9, 2023 | finance.yahoo.comKontoor Brands, Inc. (NYSE:KTB) Q4 2022 Earnings Call TranscriptMarch 7, 2023 | markets.businessinsider.comAnalysts Offer Insights on Consumer Goods Companies: Kontoor Brands (KTB) and thredUP (TDUP)March 4, 2023 | finance.yahoo.comKontoor Brands, Inc. (NYSE:KTB) Pays A US$0.48 Dividend In Just Four DaysMarch 3, 2023 | msn.comWhy Kontoor Brands Is Jumping 17% Higher This WeekMarch 3, 2023 | finance.yahoo.comAll You Need to Know About Kontoor (KTB) Rating Upgrade to Strong BuyMarch 23, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 2, 2023 | finance.yahoo.comThe Encore: Wrangler® and Fender® Drop Second Legendary CollectionMarch 1, 2023 | msn.comStifel Upgrades Kontoor Brands (KTB)March 1, 2023 | 247wallst.comOpening Bell Analysts Research Calls for Wednesday, March 1March 1, 2023 | seekingalpha.comKontoor Brands stock jumps 20% on earnings beat, bullish guidanceMarch 1, 2023 | markets.businessinsider.comAnalyst Ratings for Kontoor BrandsFebruary 28, 2023 | bizjournals.comKontoor Brands reports strong quarter, year on solid U.S. salesFebruary 28, 2023 | msn.comKontoor Brands Surges on Q4 BeatFebruary 28, 2023 | finance.yahoo.comWhy Wrangler & Lee Parent Kontoor Brands Is Jumping TodayFebruary 28, 2023 | msn.comKontoor Brands stock jumps on earnings beat, above-consensus guideFebruary 28, 2023 | finance.yahoo.comKontoor Brands Reports 2022 Fourth Quarter and Full Year Results; Provides 2023 OutlookFebruary 25, 2023 | finance.yahoo.comKontoor Brands' (NYSE:KTB) Upcoming Dividend Will Be Larger Than Last Year'sFebruary 22, 2023 | msn.comKontoor Brands declares $0.48 dividendFebruary 16, 2023 | nasdaq.comAmeriprise Financial Now Owns 5.71% of Kontoor Brands (KTB)February 7, 2023 | finance.yahoo.comKontoor Brands Announces Fourth Quarter 2022 Earnings and Conference Call DateFebruary 6, 2023 | bizjournals.comCan VF Corp. make a comeback? Apparel maker has struggled since moving HQ out of Greensboro in 2019February 1, 2023 | finance.yahoo.comWrangler® Shines A Spotlight on Black OpryJanuary 27, 2023 | seekingalpha.comKontoor Brands: A Working Capital StoryJanuary 20, 2023 | bizjournals.comLee | Wrangler Outlet opens at Legends Outlets, its first foray into Kansas, KC metroSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings2/28/2023Ex-Dividend for 3/20 Dividend3/09/2023Dividend Payable3/20/2023Today3/23/2023Next Earnings (Estimated)5/04/2023Fiscal 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$55.25 High Stock Price Forecast$66.00 Low Stock Price Forecast$43.00 Forecasted Upside/Downside+15.1%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$4.30 Trailing P/E Ratio11.17 Forward P/E Ratio10.11 P/E Growth1.3Net Income$245.49 million Net Margins9.33% Pretax Margin12.13% Return on Equity124.39% Return on Assets16.06% Debt Debt-to-Equity Ratio3.12 Current Ratio2.23 Quick Ratio0.88 Sales & Book Value Annual Sales$2.63 billion Price / Sales1.01 Cash Flow$5.12 per share Price / Cash Flow9.38 Book Value$4.52 per share Price / Book10.62Miscellaneous Outstanding Shares55,520,000Free Float54,244,000Market Cap$2.67 billion OptionableNot Optionable Beta1.16 Key ExecutivesScott H. BaxterChairman, President & Chief Executive OfficerThomas E. WaldronCo-COO, EVP & Global Brand President-WranglerChristopher WaldeckCo-COO, Executive VP & Global Brand President-LeeRustin E. WeltonChief Financial Officer & Executive Vice PresidentTammy M. HellerChief Human Resources Officer & EVPKey CompetitorsOxford IndustriesNYSE:OXMPVHNYSE:PVHRalph LaurenNYSE:RLV.F.NYSE:VFCSteven MaddenNASDAQ:SHOOView All CompetitorsInsiders & InstitutionsChristopher WaldeckSold 35,684 sharesTotal: $1.82 M ($50.99/share)Victory Capital Management Inc.Sold 68,910 shares on 3/10/2023Ownership: 0.516%Thomas E WaldronSold 31,237 sharesTotal: $1.62 M ($51.93/share)Rockefeller Capital Management L.P.Sold 809 shares on 3/6/2023Ownership: 0.003%Cullen Capital Management LLCSold 7,609,560 shares on 2/16/2023Ownership: 5.919%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 analysts have issued "buy," "hold," and "sell" ratings for Kontoor Brands in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" KTB shares. View KTB analyst ratings or view top-rated stocks. What is Kontoor Brands' stock price forecast for 2023? 7 analysts have issued 12 month target prices for Kontoor Brands' stock. Their KTB share price forecasts range from $43.00 to $66.00. On average, they expect the company's share price to reach $55.25 in the next twelve months. This suggests a possible upside of 15.1% 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 at the beginning of the year. Since then, KTB shares have increased by 20.1% and is now trading at $48.01. View the best growth stocks for 2023 here. Are investors shorting Kontoor Brands? Kontoor Brands saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 4,280,000 shares, an increase of 9.7% from the February 13th total of 3,900,000 shares. Based on an average daily volume of 460,700 shares, the days-to-cover ratio is currently 9.3 days. Approximately 7.9% of the shares of the company are sold short. 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, May 4th 2023. View our KTB earnings forecast. How were Kontoor Brands' earnings last quarter? Kontoor Brands, Inc. (NYSE:KTB) announced its earnings results on Tuesday, February, 28th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.12. The firm had revenue of $731.60 million for the quarter, compared to the consensus estimate of $666.78 million. Kontoor Brands had a trailing twelve-month return on equity of 124.39% and a net margin of 9.33%. Kontoor Brands's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.88 EPS. How often does Kontoor Brands pay dividends? What is the dividend yield for Kontoor Brands? Kontoor Brands announced a quarterly dividend on Wednesday, February 22nd. Stockholders of record on Friday, March 10th will be paid a dividend of $0.48 per share on Monday, March 20th. This represents a $1.92 annualized dividend and a dividend yield of 4.00%. The ex-dividend date is Thursday, March 9th. 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 Spin-Off ETF (CSD), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco S&P SmallCap Quality ETF (XSHQ), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Distillate Small/Mid Cash Flow ETF (DSMC), Royce Quant Small-Cap Quality Value ETF (SQLV) and SPDR S&P 600 Small CapValue ETF (SLYV). 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 3.88%. 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 44.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KTB will have a dividend payout ratio of 34.91% 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 issued an update on its FY 2023 earnings guidance on Tuesday, February, 28th. The company provided earnings per share guidance of $4.55-$4.75 for the period, compared to the consensus EPS estimate of $4.36. 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 many different retail and institutional investors. Top institutional shareholders include PNC Financial Services Group Inc. (19.44%), Cullen Capital Management LLC (5.92%), Jennison Associates LLC (3.23%), Morgan Stanley (2.17%), Fuller & Thaler Asset Management Inc. (1.93%) and JPMorgan Chase & Co. (1.86%). Insiders that own company stock include Christopher Waldeck, Laurel Krueger, Richard Carucci, 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 $48.01. How much money does Kontoor Brands make? Kontoor Brands (NYSE:KTB) has a market capitalization of $2.67 billion and generates $2.63 billion in revenue each year. The company earns $245.49 million in net income (profit) each year or $4.30 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 3/23/2023 by MarketBeat.com Staff 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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