NYSE:MOV - Movado Group Stock Price, News, & Analysis

Movado Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "MOV."

Movado Group declared a quarterly dividend on Wednesday, May 30th. Stockholders of record on Monday, June 11th will be given a dividend of $0.20 per share on Monday, June 25th. This represents a $0.80 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Friday, June 8th. View Movado Group's Dividend History.

Movado Group declared that its board has authorized a share buyback plan on Wednesday, August 30th 2017, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.

Movado Group, Inc (NYSE:MOV) announced its earnings results on Wednesday, May, 30th. The company reported $0.37 EPS for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.26. The firm had revenue of $127.10 million for the quarter, compared to analyst estimates of $109.47 million. Movado Group had a positive return on equity of 11.59% and a negative net margin of 0.50%. The business's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.01 EPS. View Movado Group's Earnings History.

Movado Group is scheduled to release their next quarterly earnings announcement on Tuesday, September, 4th 2018. View Earnings Estimates for Movado Group.

Movado Group updated its FY19 earnings guidance on Wednesday, May, 30th. The company provided earnings per share (EPS) guidance of $2.35-2.40 for the period, compared to the Thomson Reuters consensus estimate of $2.23. The company issued revenue guidance of $615-625.0 million, compared to the consensus revenue estimate of $608.87 million.

3 equities research analysts have issued twelve-month price objectives for Movado Group's stock. Their predictions range from $42.00 to $42.00. On average, they anticipate Movado Group's share price to reach $42.00 in the next year. This suggests that the stock has a possible downside of 15.3%. View Analyst Price Targets for Movado Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Movado Group in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Movado Group.

Some companies that are related to Movado Group include Stamps.com (STMP), Texas Roadhouse (TXRH), Travis Perkins (TVPKF), YOOX NET A PORT/S (YXOXY), Penske Automotive Group (PAG), Wendys (WEN), AutoNation (AN), Casey's General Stores (CASY), Performance Food Group (PFGC), Michaels Companies (MIK), Signet Jewelers (SIG), Dicks Sporting Goods (DKS), Cracker Barrel Old Country Store (CBRL), JUST EAT PLC/ADR (JSTTY) and Stitch Fix (SFIX).

News stories about MOV stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Movado Group earned a news and rumor sentiment score of 0.11 on Accern's scale. They also assigned media coverage about the company an impact score of 47.33 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Movado Group.

Movado Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.88%), Dimensional Fund Advisors LP (5.81%), Janus Henderson Group PLC (1.86%), Acadian Asset Management LLC (1.78%), Renaissance Technologies LLC (1.24%) and LSV Asset Management (1.14%). Company insiders that own Movado Group stock include Alan H Howard, Alexander Grinberg, Francis Anthony Morelli, Hamed Shahbazi, Miriam Grinberg Phalen, Nathan Leventhal, Richard Cote, Richard D Isserman and Sallie A Demarsilis. View Institutional Ownership Trends for Movado Group.

MOV stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Royce & Associates LP, Ariel Investments LLC, Janus Henderson Group PLC, Foundry Partners LLC, Dimensional Fund Advisors LP, Alambic Investment Management L.P. and LSV Asset Management. Company insiders that have sold Movado Group company stock in the last year include Alan H Howard, Alexander Grinberg, Francis Anthony Morelli, Miriam Grinberg Phalen, Nathan Leventhal, Richard Cote, Richard D Isserman and Sallie A Demarsilis. View Insider Buying and Selling for Movado Group.

MOV stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, BlackRock Inc., Millennium Management LLC, Renaissance Technologies LLC, North Star Investment Management Corp., Sensato Investors LLC, American Century Companies Inc. and SG Americas Securities LLC. View Insider Buying and Selling for Movado Group.

Shares of MOV 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, Scottrade, Fidelity and Charles Schwab.

One share of MOV stock can currently be purchased for approximately $49.60.

Movado Group has a market capitalization of $1.17 billion and generates $567.95 million in revenue each year. The company earns $-15,220,000.00 in net income (profit) each year or $2.00 on an earnings per share basis. Movado Group employs 1,000 workers across the globe.

Movado Group's mailing address is 650 FROM ROAD SUITE 375, PARAMUS NJ, 07652. The company can be reached via phone at 201-267-8000 or via email at [email protected]