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S&P 500   4,027.81
DOW   32,717.60
QQQ   312.72
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3 More Downgrades To Put On Your Buy List 
Three Pullback Opportunities in Tech Right Now
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DOW   32,717.60
QQQ   312.72
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NYSE:KTB

Kontoor Brands - KTB Stock Forecast, Price & News

$47.17
-0.73 (-1.52%)
(As of 03/29/2023 12:00 AM ET)
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Compare
Today's Range
$46.90
$48.67
50-Day Range
$43.31
$52.96
52-Week Range
$30.98
$53.83
Volume
506,037 shs
Average Volume
436,579 shs
Market Capitalization
$2.62 billion
P/E Ratio
10.97
Dividend Yield
4.07%
Price Target
$55.25

Kontoor Brands MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
16.9% Upside
$55.13 Price Target
Short Interest
Bearish
7.71% 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
Selling Shares
$3.44 M Sold Last Quarter
Proj. Earnings Growth
15.79%
From $4.75 to $5.50 Per Share

Overall MarketRank

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

2.51 out of 5 stars

Consumer Discretionary Sector

86th out of 262 stocks

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

2nd out of 6 stocks


KTB stock logo

About Kontoor Brands (NYSE:KTB) Stock

Kontoor 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.

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KTB Stock News Headlines

The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
Stifel Upgrades Kontoor Brands (KTB)
Analyst Ratings for Kontoor Brands
Kontoor Brands Surges on Q4 Beat
Why Wrangler & Lee Parent Kontoor Brands Is Jumping Today
Kontoor Brands declares $0.48 dividend
Wrangler® Shines A Spotlight on Black Opry
Kontoor Brands: A Working Capital Story
See More Headlines
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KTB Company Calendar

Last Earnings
2/28/2023
Ex-Dividend for 3/20 Dividend
3/09/2023
Dividend Payable
3/20/2023
Today
3/29/2023
Next Earnings (Estimated)
5/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Mens' & boy's furnishings, work clothing, & allied garments
Sub-Industry
N/A
Fax
N/A
Employees
14,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$55.13
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$43.00
Forecasted Upside/Downside
+17.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
8 Analysts

Profitability

Net Income
$245.49 million
Pretax Margin
12.13%

Debt

Sales & Book Value

Annual Sales
$2.63 billion
Cash Flow
$5.24 per share
Book Value
$4.52 per share

Miscellaneous

Free Float
54,244,000
Market Cap
$2.62 billion
Optionable
Not Optionable
Beta
1.16

Key Executives

  • Scott H. Baxter
    Chairman, President & Chief Executive Officer
  • Thomas E. Waldron
    Co-COO, EVP & Global Brand President-Wrangler
  • Christopher Waldeck
    Co-COO, Executive VP & Global Brand President-Lee
  • Rustin E. Welton
    Chief Financial Officer & Executive Vice President
  • Tammy M. Heller
    Chief Human Resources Officer & EVP













KTB Stock - Frequently Asked Questions

Should I buy or sell Kontoor Brands stock right now?

8 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 5 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?

8 Wall Street research analysts have issued 12-month price targets for Kontoor Brands' shares. Their KTB share price forecasts range from $43.00 to $65.00. On average, they predict the company's share price to reach $55.13 in the next twelve months. This suggests a possible upside of 16.9% 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 18.0% and is now trading at $47.17.
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 trading volume of 460,700 shares, the short-interest ratio is currently 9.3 days. Currently, 7.9% of the company's shares 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) released its quarterly earnings results on Tuesday, February, 28th. The company reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.76 by $0.12. The company had revenue of $731.60 million for the quarter, compared to analyst estimates of $666.78 million. Kontoor Brands had a net margin of 9.33% and a trailing twelve-month return on equity of 124.39%. The company's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.88 earnings per share.

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 given a dividend of $0.48 per share on Monday, March 20th. This represents a $1.92 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date is Thursday, March 9th.
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 4.04%. 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 44.65%. 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 updated 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 a number of retail and institutional investors. Top institutional investors 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 $47.17.

How much money does Kontoor Brands make?

Kontoor Brands (NYSE:KTB) has a market capitalization of $2.62 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 3/30/2023 by MarketBeat.com Staff