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

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

Movado Group announced a quarterly dividend on Tuesday, November 26th. Stockholders of record on Friday, December 6th will be given a dividend of $0.20 per share on Friday, December 20th. This represents a $0.80 annualized dividend and a dividend yield of 4.13%. The ex-dividend date is Thursday, December 5th. View Movado Group's Dividend History.

Movado Group, Inc (NYSE:MOV) issued its earnings results on Tuesday, November, 26th. The company reported $0.82 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.03 by $0.21. The firm earned $205.62 million during the quarter, compared to analyst estimates of $220 million. Movado Group had a return on equity of 9.73% and a net margin of 7.99%. The company's revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.18 EPS. View Movado Group's Earnings History.

Movado Group is scheduled to release their next quarterly earnings announcement on Thursday, March 26th 2020. View Earnings Estimates for Movado Group.

Movado Group updated its FY20 earnings guidance on Tuesday, November, 26th. The company provided earnings per share guidance of $1.55-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.27. The company issued revenue guidance of $690-700 million, compared to the consensus revenue estimate of $729.00 million.

1 Wall Street analysts have issued 12 month price targets for Movado Group's shares. Their forecasts range from $22.00 to $22.00. On average, they expect Movado Group's stock price to reach $22.00 in the next year. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for Movado Group.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Movado Group in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Movado Group.

News coverage about MOV stock has been trending very negative on Saturday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Movado Group earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Movado Group.

Some companies that are related to Movado Group include VF (VFC), Ralph Lauren (RL), Tapestry (TPR), PVH (PVH), Columbia Sportswear (COLM), Michael Kors (KORS), Hanesbrands (HBI), Carter's (CRI), G-III Apparel Group (GIII), Oxford Industries (OXM), Fossil Group (FOSL), Vera Bradley (VRA), Delta Apparel (DLA), Iconix Brand Group (ICON) and Quiksilver (ZQKSQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Movado Group investors own include Fossil Group (FOSL), Alibaba Group (BABA), NVIDIA (NVDA), TJX Companies (TJX), Advanced Micro Devices (AMD), Cisco Systems (CSCO), JD.Com (JD), Best Buy (BBY), Canopy Growth (CGC) and Halliburton (HAL).

Movado Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (2.13%), New York State Teachers Retirement System (0.22%) and First National Bank of Omaha (0.13%). Company insiders that own Movado Group stock include Alan H Howard, Alexander Grinberg, Efraim Grinberg, Francis Anthony Morelli, Maurice S Reznik, Richard Cote, Richard D Isserman and Stephen I Sadove. View Institutional Ownership Trends for Movado Group.

MOV stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC and New York State Teachers Retirement System. View Insider Buying and Selling for Movado Group.

MOV stock was acquired by a variety of institutional investors in the last quarter, including First National Bank of Omaha. Company insiders that have bought Movado Group stock in the last two years include Maurice S Reznik and Stephen I Sadove. 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, Robinhood, Fidelity and Charles Schwab.

One share of MOV stock can currently be purchased for approximately $19.35.

Movado Group has a market capitalization of $445.44 million and generates $679.57 million in revenue each year. The company earns $61.62 million in net income (profit) each year or $2.67 on an earnings per share basis. Movado Group employs 1,140 workers across the globe.View Additional Information About Movado Group.

The official website for Movado Group is http://www.movadogroup.com/.

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]