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, October 23rd. Shareholders 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 dividend on an annualized basis and a yield of 5.44%. The ex-dividend date of this dividend is Monday, December 9th. View Kontoor Brands' Dividend History.

Kontoor Brands (NYSE:KTB) released its quarterly earnings results on Thursday, November, 7th. The company reported $0.95 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.87 by $0.08. The firm had revenue of $638 million for the quarter, compared to the consensus estimate of $646.22 million. The business's revenue for the quarter was down 9.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.25 EPS. View Kontoor Brands' Earnings History.

Kontoor Brands is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Kontoor Brands.

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

10 brokers have issued 12 month target prices for Kontoor Brands' stock. Their forecasts range from $7.50 to $46.00. On average, they anticipate Kontoor Brands' share price to reach $30.93 in the next twelve months. This suggests that the stock has a possible downside of 24.9%. View Analyst Price Targets for Kontoor Brands.

10 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kontoor Brands.

Media coverage about KTB stock has trended very negative on Thursday, InfoTrie reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kontoor Brands earned a media sentiment score of -3.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Kontoor Brands.

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 AT&T (T), AbbVie (ABBV), Exxon Mobil (XOM), Alibaba Group (BABA), Walt Disney (DIS), IBM (IBM), Verizon Communications (VZ), Advanced Micro Devices (AMD), Gilead Sciences (GILD) and Intel (INTC).

Kontoor Brands' stock is owned by many different of institutional and retail investors. Top institutional shareholders include SPF Beheer BV (0.21%), Pennsylvania Trust Co (0.11%), Northstar Asset Management LLC (0.10%), Nisa Investment Advisors LLC (0.08%), State of Alaska Department of Revenue (0.06%) and Commerzbank Aktiengesellschaft FI (0.04%). 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 Commerzbank Aktiengesellschaft FI, Huntington National Bank, Northstar Asset Management LLC, Manning & Napier Group LLC, Steward Partners Investment Advisory LLC, Louisiana State Employees Retirement System, State of Alaska Department of Revenue and Raymond James Trust N.A.. View Insider Buying and Selling for Kontoor Brands.

KTB stock was purchased by a variety of institutional investors in the last quarter, including BW Gestao de Investimentos Ltda., First Hawaiian Bank, Nisa Investment Advisors LLC, Pennsylvania Trust Co, SPF Beheer BV and Alpha Windward LLC. 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 $41.19.

Kontoor Brands has a market capitalization of $2.35 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]