NYSE:KTB - Kontoor Brands Stock Price, Forecast & News

Kontoor Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "KTB."

Kontoor Brands declared a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Tuesday, December 10th will be paid a dividend of $0.56 per share on Friday, December 20th. This represents a $2.24 annualized dividend and a dividend yield of 5.35%. The ex-dividend date of this dividend is Monday, December 9th. View Kontoor Brands' Dividend History.

Kontoor Brands (NYSE:KTB) announced its quarterly earnings data on Thursday, November, 7th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.08. The company earned $638 million during the quarter, compared to analyst estimates of $646.22 million. The company's revenue for the quarter was down 9.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.25 earnings per share. View Kontoor Brands' Earnings History.

Kontoor Brands is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Kontoor Brands.

Kontoor Brands will be holding an earnings conference call on Thursday, March 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Kontoor Brands updated its FY 2019 IntraDay earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$2.5 billion, compared to the consensus revenue estimate of $$2.58 billion.

11 equities research analysts have issued 1 year price objectives for Kontoor Brands' stock. Their forecasts range from $7.50 to $46.00. On average, they anticipate Kontoor Brands' share price to reach $32.81 in the next year. This suggests that the stock has a possible downside of 21.6%. View Analyst Price Targets for Kontoor Brands.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kontoor Brands in the last year. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kontoor Brands.

News articles about KTB stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kontoor Brands earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Kontoor Brands.

Kontoor Brands saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 10,340,000 shares, an increase of 6.4% from the January 15th total of 9,720,000 shares. Based on an average daily volume of 757,400 shares, the short-interest ratio is currently 13.7 days. Approximately 18.3% of the shares of the stock are sold short. View Kontoor Brands' Current Options Chain.

Some companies that are related to Kontoor Brands include VF (VFC), Cintas (CTAS), Ralph Lauren (RL), PVH (PVH), Oxford Industries (OXM) and Naked Brand Group (NAKD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kontoor Brands investors own include VF (VFC), AbbVie (ABBV), AT&T (T), Verizon Communications (VZ), Advanced Micro Devices (AMD), Gilead Sciences (GILD), Intel (INTC), NVIDIA (NVDA), Alibaba Group (BABA) and Walt Disney (DIS).

Kontoor Brands' stock is owned by many different of institutional and retail investors. Top institutional investors include PNC Financial Services Group Inc. (19.94%), State Street Corp (15.41%), Bank of New York Mellon Corp (1.78%), Nicholas Investment Partners LP (0.94%), Goldman Sachs Group Inc. (0.88%) and Russell Investments Group Ltd. (0.69%). Company insiders that own Kontoor Brands stock include Juliana L Chugg and Richard Carucci. View Institutional Ownership Trends for Kontoor Brands.

KTB stock was sold by a variety of institutional investors in the last quarter, including PNC Financial Services Group Inc., CNH Partners LLC, FMR LLC, Bank of America Corp DE, Jennison Associates LLC, Los Angeles Capital Management & Equity Research Inc., Arizona State Retirement System and AMG National Trust Bank. View Insider Buying and Selling for Kontoor Brands.

KTB stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Nicholas Investment Partners LP, M&G Investment Management Ltd., Goldman Sachs Group Inc., Bank of Montreal Can, Covenant Multifamily Offices LLC, California Public Employees Retirement System and Great West Life Assurance Co. Can. Company insiders that have bought Kontoor Brands stock in the last two years include Juliana L Chugg and Richard Carucci. View Insider Buying and Selling for Kontoor Brands.

Shares of KTB 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.

One share of KTB stock can currently be purchased for approximately $41.87.

Kontoor Brands has a market capitalization of $2.38 billion. Kontoor Brands employs 17,000 workers across the globe.View Additional Information About Kontoor Brands.

The official website for Kontoor Brands is http://www.kontoorbrands.com/.

Kontoor Brands' mailing address is 400 N. ELM STREET, GREENSBORO NC, 27401. The company can be reached via phone at 336-332-3400 or via email at [email protected]