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. Stockholders 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 annualized dividend and a dividend yield of 6.31%. The ex-dividend date of this dividend is Monday, March 9th. View Kontoor Brands' Dividend History.

Kontoor Brands (NYSE:KTB) announced its earnings results on Thursday, November, 7th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.87 by $0.08. The company had revenue of $638 million for the quarter, compared to analysts' expectations of $646.22 million. The company's revenue was down 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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.

11 brokers have issued 12 month price objectives for Kontoor Brands' stock. Their forecasts range from $7.50 to $46.00. On average, they anticipate Kontoor Brands' stock price to reach $32.44 in the next twelve months. This suggests that the stock has a possible downside of 8.7%. 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.

Media coverage about KTB stock has been trending extremely negative on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Kontoor Brands earned a media sentiment score of -4.9 on InfoTrie's scale. They also gave media stories 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 next several days. View News Stories for Kontoor Brands.

Kontoor Brands saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 10,930,000 shares, an increase of 5.7% from the January 30th total of 10,340,000 shares. Based on an average daily trading volume, of 569,500 shares, the days-to-cover ratio is currently 19.2 days. Approximately 20.8% of the shares of the stock are short sold. 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), AT&T (T), AbbVie (ABBV), Alibaba Group (BABA), Walt Disney (DIS), Verizon Communications (VZ), Advanced Micro Devices (AMD), Gilead Sciences (GILD), Intel (INTC) and NVIDIA (NVDA).

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%), 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 bought 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 $35.51.

Kontoor Brands has a market capitalization of $2.02 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]