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. $45.99 -1.01 (-2.15%) (As of 01/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$45.84▼$46.7550-Day Range$38.69▼$47.1052-Week Range$30.98▼$51.85Volume321,295 shsAverage Volume301,547 shsMarket Capitalization$2.55 billionP/E Ratio11.11Dividend Yield4.09%Price Target$42.17 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Kontoor Brands MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside8.3% Downside$42.17 Price TargetShort InterestHealthy6.12% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.60Upright™ Environmental ScoreNews Sentiment0.95Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth2.05%From $4.39 to $4.48 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.1.85 out of 5 starsConsumer Discretionary Sector224th out of 274 stocksMens' & Boy's Furnishings, Work Clothing, & Allied Garments Industry5th out of 6 stocks 1.1 Analyst's Opinion Consensus RatingKontoor Brands has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $42.17, Kontoor Brands has a forecasted downside of 8.3% from its current price of $45.99.Amount of Analyst CoverageKontoor Brands has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.12% 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 7.3.Change versus previous monthShort interest in Kontoor Brands has recently decreased by 24.49%, 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 4.09%, 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 46.38%. 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 42.86% 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 3.9 News and Social Media Coverage News SentimentKontoor Brands has a news sentiment score of 0.95. 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 higher news sentiment than the 0.63 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Kontoor Brands this week, compared to 2 articles on an average week.Search Interest3 people have searched for KTB on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows3 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 2.30% of the stock of Kontoor Brands is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Kontoor Brands are expected to grow by 2.05% in the coming year, from $4.39 to $4.48 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kontoor Brands is 11.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Kontoor Brands is 11.11, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.52.Price to Earnings Growth RatioKontoor Brands has a PEG Ratio of 1.31. 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 17.83. 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 HeadlinesJanuary 27, 2023 | seekingalpha.comKontoor Brands: A Working Capital StoryJanuary 24, 2023 | americanbankingnews.comKontoor Brands, Inc. (NYSE:KTB) Short Interest Down 5.2% in DecemberJanuary 30, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. January 24, 2023 | americanbankingnews.comKontoor Brands, Inc. (NYSE:KTB) Receives $42.17 Average Target Price from BrokeragesJanuary 20, 2023 | bizjournals.comLee | Wrangler Outlet opens at Legends Outlets, its first foray into Kansas, KC metroJanuary 11, 2023 | seekingalpha.comLevi Strauss: A Market Leader Growing And Paying A DividendDecember 19, 2022 | finance.yahoo.comEarnings are growing at Kontoor Brands (NYSE:KTB) but shareholders still don't like its prospectsDecember 3, 2022 | uk.finance.yahoo.comDo These 3 Checks Before Buying Kontoor Brands, Inc. (NYSE:KTB) For Its Upcoming DividendJanuary 30, 2023 | Investing Trends (Ad)Profit From the Commercial Solar Boom?Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered. November 30, 2022 | finance.yahoo.comWrangler® and Pendleton Woolen Mills Weave the Spirit of the West Into New Heritage-Inspired CollaborationNovember 16, 2022 | ca.finance.yahoo.comKontoor Brands' (NYSE:KTB) Dividend Will Be Increased To $0.48November 16, 2022 | seekingalpha.comKontoor Brands: Macroeconomic Risks PersistNovember 16, 2022 | finance.yahoo.comWrangler® Brings Back the Classics in New Reissue CollectionNovember 15, 2022 | finance.yahoo.com75 Diamonds For 75 Years: Wrangler® to Auction Custom Belt Buckle in Support of Next Generation Cowboy & CowgirlNovember 4, 2022 | seekingalpha.comKontoor Brands, Inc. (KTB) Q3 2022 Earnings Call TranscriptNovember 3, 2022 | seekingalpha.comKontoor Brands falls slightly after retail inventory rebalancing impacts resultsNovember 3, 2022 | msn.comKontoor Brands (KTB) Q3 Earnings Beat EstimatesNovember 3, 2022 | msn.comKontoor Brands: Q3 Earnings InsightsNovember 3, 2022 | finance.yahoo.comKontoor Brands Reports Third Quarter 2022 Results; Updates Outlook for Full Year 2022November 2, 2022 | finance.yahoo.comLee® Announces Global Collaboration With The Brooklyn CircusOctober 25, 2022 | finance.yahoo.comKontoor Brands Declares Quarterly Dividend of $0.48 Per Share, a 4 Percent IncreaseOctober 13, 2022 | finance.yahoo.comLee® Kicks Off Second Annual "LeeOriginals" Brand Equity CampaignOctober 13, 2022 | finance.yahoo.comKontoor Brands Announces Third Quarter 2022 Earnings and Conference Call DateOctober 11, 2022 | seekingalpha.com6 Accidental High-Yielders Now Paying You 6%October 3, 2022 | finance.yahoo.comKontoor Brands Appoints Ezio Garciamendez as Senior Vice President, Chief Supply Chain OfficerSeptember 28, 2022 | finance.yahoo.comWrangler® Introduces Denim Collection Designed by Grammy Award-Winning Musician Leon BridgesSeptember 16, 2022 | seekingalpha.comKTB Kontoor Brands, Inc.See 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 Earnings11/03/2022Ex-Dividend for 12/19 Dividend12/08/2022Dividend Payable12/19/2022Today1/30/2023Next Earnings (Estimated)3/07/2023Fiscal 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/AEmployees14,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$42.17 High Stock Price Forecast$50.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside-8.3%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$4.14 Trailing P/E Ratio11.11 Forward P/E Ratio10.48 P/E Growth1.31Net Income$195.42 million Net Margins9.21% Pretax Margin11.61% Return on Equity143.05% Return on Assets16.29% Debt Debt-to-Equity Ratio3.96 Current Ratio2.12 Quick Ratio0.78 Sales & Book Value Annual Sales$2.48 billion Price / Sales1.03 Cash Flow$4.95 per share Price / Cash Flow9.29 Book Value$2.58 per share Price / Book17.83Miscellaneous Outstanding Shares55,470,000Free Float54,190,000Market Cap$2.55 billion OptionableNot Optionable Beta1.14 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 PresidentThomas Lee DoerrSecretary, Executive VP & General CounselKey CompetitorsOxford IndustriesNYSE:OXMPVHNYSE:PVHRalph LaurenNYSE:RLOzonNASDAQ:OZONSpectrum BrandsNYSE:SPBView All CompetitorsInsiders & InstitutionsNew York State Teachers Retirement SystemSold 4,400 shares on 1/27/2023Ownership: 0.118%Natixis Advisors L.P.Sold 1,017 shares on 1/27/2023Ownership: 0.021%Comerica BankBought 480 shares on 1/26/2023Ownership: 0.158%Oregon Public Employees Retirement FundBought 1,108 shares on 1/26/2023Ownership: 0.030%Inspire Investing LLCSold 260 shares on 1/26/2023Ownership: 0.011%View All Institutional Transactions KTB Stock - Frequently Asked Questions Should I buy or sell Kontoor Brands stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kontoor Brands in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" KTB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KTB, but not buy additional shares or sell existing shares. View KTB analyst ratings or view top-rated stocks. What is Kontoor Brands' stock price forecast for 2023? 4 brokerages have issued 1-year price objectives for Kontoor Brands' shares. Their KTB share price forecasts range from $37.00 to $50.00. On average, they anticipate the company's stock price to reach $42.17 in the next twelve months. This suggests that the stock has a possible downside of 9.0%. 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 stock has increased by 15.9% and is now trading at $46.33. View the best growth stocks for 2023 here. Are investors shorting Kontoor Brands? Kontoor Brands saw a drop in short interest in December. As of December 30th, there was short interest totaling 4,410,000 shares, a drop of 5.2% from the December 15th total of 4,650,000 shares. Based on an average daily volume of 484,400 shares, the days-to-cover ratio is presently 9.1 days. Approximately 8.1% of the company's stock 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 Tuesday, March 7th 2023. View our KTB earnings forecast. How were Kontoor Brands' earnings last quarter? Kontoor Brands, Inc. (NYSE:KTB) announced its earnings results on Thursday, November, 3rd. The company reported $1.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.99 by $0.12. The business had revenue of $606.52 million for the quarter, compared to the consensus estimate of $630.40 million. Kontoor Brands had a net margin of 9.21% and a trailing twelve-month return on equity of 143.05%. How often does Kontoor Brands pay dividends? What is the dividend yield for Kontoor Brands? Kontoor Brands announced a quarterly dividend on Monday, October 24th. Stockholders of record on Friday, December 9th will be paid a dividend of $0.48 per share on Monday, December 19th. This represents a $1.92 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend is Thursday, December 8th. This is a boost from the stock's previous quarterly dividend of $0.46. Read our dividend analysis for KTB. 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 4.09%. 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 46.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KTB will have a dividend payout ratio of 42.86% 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 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $4.35-$4.40 for the period, compared to the consensus estimate of $4.20. The company issued revenue guidance of $2.58 billion-$2.58 billion, compared to the consensus revenue estimate of $2.56 billion. 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 institutional and retail investors. Top institutional investors include Comerica Bank (0.16%), New York State Teachers Retirement System (0.12%), State of Alaska Department of Revenue (0.06%), Yousif Capital Management LLC (0.06%), Maryland State Retirement & Pension System (0.04%) and Oregon Public Employees Retirement Fund (0.03%). Insiders that own company stock include 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 $46.33. How much money does Kontoor Brands make? Kontoor Brands (NYSE:KTB) has a market capitalization of $2.57 billion and generates $2.48 billion in revenue each year. The company earns $195.42 million in net income (profit) each year or $4.14 on an earnings per share basis. How many employees does Kontoor Brands have? The company employs 14,000 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 1/30/2023 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. 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