NYSE:MOV - Movado Group Stock Price, Price Target & More

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

Movado Group announced a quarterly dividend on Wednesday, May 30th. Stockholders of record on Monday, June 11th will be paid a dividend of $0.20 per share on Monday, June 25th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Friday, June 8th. View Movado Group's Dividend History.

Movado Group announced that its board has approved a share buyback program on Wednesday, August 30th 2017, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its shares are undervalued.

Movado Group, Inc (NYSE:MOV) announced its earnings results on Wednesday, May, 30th. The company reported $0.37 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.26. The company had revenue of $127.10 million for the quarter, compared to analyst estimates of $109.47 million. Movado Group had a negative net margin of 0.50% and a positive return on equity of 11.59%. Movado Group's quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter in the prior year, the business 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 EPS 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 analysts have issued 1-year price objectives for Movado Group's shares. Their predictions range from $42.00 to $42.00. On average, they expect Movado Group's share price to reach $42.00 in the next year. View Analyst Ratings for Movado Group.

Some companies that are related to Movado Group include Travis Perkins (TVPKF), AutoNation (AN), Penske Automotive Group (PAG), Wendys (WEN), American Eagle Outfitters (AEO), YOOX NET A PORT/S (YXOXY), Cracker Barrel Old Country Store (CBRL), Performance Food Group (PFGC), Casey's General Stores (CASY), Dicks Sporting Goods (DKS), JUST EAT PLC/ADR (JSTTY), Signet Jewelers (SIG), Tech Data (TECD), Restoration Hardware Holdings, Inc common stock (RH) and Michaels Companies (MIK).

Media coverage about MOV stock has trended positive this week, Accern reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Movado Group earned a daily sentiment score of 0.44 on Accern's scale. They also gave media headlines about the company an impact score of 47.78 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Movado Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.93%), Dimensional Fund Advisors LP (6.01%), JPMorgan Chase & Co. (3.88%), Northern Trust Corp (2.01%), LSV Asset Management (1.29%) and Prudential Financial Inc. (0.92%). 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 Millennium Management LLC, JPMorgan Chase & Co., California Public Employees Retirement System, Prudential Financial Inc., Landscape Capital Management L.L.C., Russell Investments Group Ltd., Systematic Financial Management LP and Dimensional Fund Advisors LP. 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 purchased by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, LSV Asset Management, Hancock Holding Co., Schwab Charles Investment Management Inc., WBI Investments Inc., GSA Capital Partners LLP, Susquehanna Fundamental Investments LLC and Cambria Investment Management L.P.. 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 $49.00.

Movado Group has a market capitalization of $1.14 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]