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S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
5 Hypergrowth Stocks to Own in 2023 (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
NYSE:KTB

Kontoor Brands - KTB Stock Forecast, Price & News

$44.79
+0.05 (+0.11%)
(As of 12/2/2022 12:00 AM ET)
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Compare
Today's Range
$43.23
$44.92
50-Day Range
$32.40
$44.79
52-Week Range
$30.98
$56.24
Volume
296,955 shs
Average Volume
473,900 shs
Market Capitalization
$2.48 billion
P/E Ratio
10.82
Dividend Yield
4.11%
Price Target
$41.00

Kontoor Brands MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
8.5% Downside
$41.00 Price Target
Short Interest
Bearish
9.54% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.60
Upright™ Environmental Score
News Sentiment
0.68mentions of Kontoor Brands in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.05%
From $4.39 to $4.48 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.84 out of 5 stars

Consumer Discretionary Sector

211th out of 268 stocks

Mens' & Boy's Furnishings, Work Clothing, & Allied Garments Industry

6th out of 6 stocks

KTB stock logo

About Kontoor Brands (NYSE:KTB) Stock

Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes denim, apparel, and accessories under the Wrangler, Lee, and Rock & Republic brands in the United States and internationally. It operates through two segments, Wrangler and Lee. The company sells its products primarily through mass merchants, specialty stores, mid-tier and traditional department stores, company-operated stores, and online. As of January 1, 2022, it operated 80 retail stores across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. The company was incorporated in 2018 and is headquartered in Greensboro, North Carolina.

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KTB Stock News Headlines

Kontoor Brands' (NYSE:KTB) Dividend Will Be Increased To $0.48
Kontoor Brands: Macroeconomic Risks Persist
Kontoor Brands: Q3 Earnings Insights
6 Accidental High-Yielders Now Paying You 6%
KTB Kontoor Brands, Inc.
Kontoor Brands Inc
Wrangler, Lee Parent Posts Mixed Q2 Earnings
See More Headlines
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KTB Company Calendar

Ex-Dividend for 9/19 Dividend
9/08/2022
Dividend Payable
9/19/2022
Last Earnings
11/03/2022
Today
12/04/2022
Ex-Dividend for 12/19 Dividend
12/08/2022
Dividend Payable
12/19/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/07/2023

Industry, Sector and Symbol

Industry
Mens' & boy's furnishings, work clothing, & allied garments
Sub-Industry
N/A
Fax
N/A
Employees
14,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$41.00
High Stock Price Forecast
$50.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
-8.5%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$195.42 million
Pretax Margin
11.61%

Debt

Sales & Book Value

Annual Sales
$2.48 billion
Cash Flow
$5.06 per share
Book Value
$3.75 per share

Miscellaneous

Free Float
54,190,000
Market Cap
$2.48 billion
Optionable
Not Optionable
Beta
1.14

Key Executives

  • Mr. Scott H. Baxter (Age 57)
    Pres, CEO & Chair of the Board
    Comp: $4.3M
  • Mr. Rustin E. Welton (Age 52)
    Exec. VP & CFO
    Comp: $1.57M
  • Mr. Thomas E. Waldron (Age 54)
    Exec. VP, Global Brand Pres of Wrangler & Co-Chief Operating Officer
    Comp: $1.44M
  • Mr. Christopher Waldeck (Age 55)
    Exec. VP, Global Brand Pres of Lee & Co-Chief Operating Officer
    Comp: $1.44M
  • Denise Sumner
    VP & Chief Accounting Officer
  • Eric Tracy
    VP of Corp. Fin. & Investor Relations
  • Mr. Thomas L. Doerr Jr. (Age 47)
    EVP, Gen. Counsel & Corp. Sec.
  • Vanessa McCutchen
    VP of Corp. Communications
  • Ms. Tammy M. Heller (Age 48)
    EVP & Chief HR Officer
  • Ms. Mame Annan-Brown
    EVP of Global Comm. & Public Affairs, Global Head of ESG and Pres of Kontoor Brands Foundation













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 twelve months. 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 analysts have issued twelve-month price objectives for Kontoor Brands' stock. Their KTB share price forecasts range from $34.00 to $50.00. On average, they anticipate the company's share price to reach $41.00 in the next year. This suggests that the stock has a possible downside of 8.5%.
View analysts price targets for KTB
or view top-rated stocks among Wall Street analysts.

How have KTB shares performed in 2022?

Kontoor Brands' stock was trading at $51.25 on January 1st, 2022. Since then, KTB shares have decreased by 12.6% and is now trading at $44.79.
View the best growth stocks for 2022 here
.

Are investors shorting Kontoor Brands?

Kontoor Brands saw a decrease in short interest in November. As of November 15th, there was short interest totaling 5,190,000 shares, a decrease of 7.5% from the October 31st total of 5,610,000 shares. Based on an average daily volume of 478,700 shares, the days-to-cover ratio is presently 10.8 days. Approximately 9.5% of the shares of the stock 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 Tuesday, March 7th 2023.
View our KTB earnings forecast
.

How were Kontoor Brands' earnings last quarter?

Kontoor Brands, Inc. (NYSE:KTB) announced its quarterly earnings data on Thursday, November, 3rd. The company reported $1.11 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 analysts' expectations 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 declared 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 4.29%. The ex-dividend date 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 $1.84 per share and currently has a dividend yield of 4.11%. 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 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KTB will have a dividend payout ratio of 41.07% 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 earnings per share (EPS) guidance of $4.35-$4.40 for the period, compared to the consensus EPS 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 retail and institutional investors. Top institutional shareholders include Cullen Capital Management LLC (19.64%), BlackRock Inc. (14.58%), Vanguard Group Inc. (11.13%), State Street Corp (3.45%), Jennison Associates LLC (3.23%) and Frontier Capital Management Co. LLC (1.58%). 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 $44.79.

How much money does Kontoor Brands make?

Kontoor Brands (NYSE:KTB) has a market capitalization of $2.48 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 12/4/2022 by MarketBeat.com Staff