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 announced a quarterly dividend on Wednesday, February 19th. Investors of record on Tuesday, March 10th will be paid a dividend of $0.56 per share on Friday, March 20th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 5.78%. The ex-dividend date is Monday, March 9th. View Kontoor Brands' Dividend History.

Kontoor Brands (NYSE:KTB) issued its quarterly earnings data on Thursday, November, 7th. The company reported $0.95 EPS for the quarter, beating the Zacks' consensus estimate of $0.87 by $0.08. The business 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% compared to the same quarter last year. During the same period in the prior year, the company posted $1.25 EPS. 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 earnings per share (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 brokerages have issued 1-year price objectives for Kontoor Brands' shares. Their forecasts range from $7.50 to $46.00. On average, they expect Kontoor Brands' share price to reach $32.44 in the next year. This suggests that the stock has a possible downside of 16.4%. 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, 6 hold ratings and 4 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 somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kontoor Brands earned a coverage optimism score of 0.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news 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 in 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 trading volume of 757,400 shares, the short-interest ratio is currently 13.7 days. Currently, 18.3% of the shares of the company 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 shareholders include PNC Financial Services Group Inc. (19.94%), State Street Corp (15.41%), Capital World Investors (11.84%), Bank of New York Mellon Corp (1.78%), Janus Henderson Group PLC (1.54%) and Geode Capital Management LLC (1.03%). 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., Alliancebernstein L.P., Capital World Investors, CNH Partners LLC, FMR LLC, Bank of America Corp DE, Jennison Associates LLC and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Kontoor Brands.

KTB stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Nicholas Investment Partners LP, Janus Henderson Group PLC, M&G Investment Management Ltd., Goldman Sachs Group Inc., Bank of Montreal Can, Covenant Multifamily Offices LLC and California Public Employees Retirement System. 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 $38.78.

Kontoor Brands has a market capitalization of $2.21 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]nds.com.