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 declared a quarterly dividend on Wednesday, May 30th. Shareholders 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 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date is Friday, June 8th. View Movado Group's Dividend History.

Movado Group declared that its board has initiated a stock buyback plan on Wednesday, August 30th 2017, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

Movado Group, Inc (NYSE:MOV) released its quarterly earnings results on Wednesday, May, 30th. The company reported $0.37 EPS for the quarter, beating the Zacks' consensus estimate of $0.11 by $0.26. The firm earned $127.10 million during the quarter, compared to the consensus estimate of $109.47 million. Movado Group had a negative net margin of 0.50% and a positive return on equity of 11.59%. The business's quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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 12 month price objectives for Movado Group's stock. Their forecasts range from $42.00 to $42.00. On average, they anticipate Movado Group's stock price to reach $42.00 in the next twelve months. 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 headlines about MOV stock have trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Movado Group earned a media sentiment score of 0.11 on Accern's scale. They also gave media stories about the company an impact score of 46.95 out of 100, meaning 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 many different of retail and institutional 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 bought 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]