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

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

Movado declared a quarterly dividend on Thursday, March 29th. Shareholders of record on Wednesday, April 11th will be given a dividend of $0.20 per share on Wednesday, April 25th. This represents a $0.80 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Tuesday, April 10th. This is a boost from Movado's previous quarterly dividend of $0.13. View Movado's Dividend History.

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

Movado (NYSE:MOV) announced its earnings results on Thursday, March, 29th. The company reported $0.52 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.26. The business had revenue of $149.20 million for the quarter, compared to analysts' expectations of $132.43 million. Movado had a positive return on equity of 9.78% and a negative net margin of 2.68%. The firm's quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.22 EPS. View Movado's Earnings History.

Movado is scheduled to release their next quarterly earnings announcement on Wednesday, May, 30th 2018. View Earnings Estimates for Movado.

Movado issued an update on its FY19 earnings guidance on Thursday, March, 29th. The company provided EPS guidance of $2.15-2.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.95. The company issued revenue guidance of $605-615 million, compared to the consensus revenue estimate of $570.93 million.

2 equities research analysts have issued 12-month price objectives for Movado's shares. Their forecasts range from $42.00 to $42.00. On average, they expect Movado's share price to reach $42.00 in the next twelve months. View Analyst Ratings for Movado.

Some companies that are related to Movado include Michaels Companies (MIK), Dicks Sporting Goods (DKS), Tech Data (TECD), Boohoo.com (BHOOY), Sprouts Farmers Market (SFM), Aaron's (AAN), Beacon Roofing Supply (BECN), Tempur Sealy International (TPX), Groupon (GRPN), PriceSmart (PSMT), Domino's Pizza Group (DPUKY), Li-Ning (LNNGY), Bed Bath & Beyond (BBBY), Gome Retail Hlds (GMELY) and Luk Fook Holdings (International) (LKFLF).

Media headlines about MOV stock have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Movado earned a news sentiment score of 0.19 on Accern's scale. They also gave news headlines about the company an impact score of 45.52 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Movado's stock is owned by a number of 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 stock include Alexander Grinberg, Efraim 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.

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 company stock in the last year include 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.

MOV stock was acquired 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.. Company insiders that have bought Movado stock in the last two years include Efraim Grinberg and Hamed Shahbazi. View Insider Buying and Selling for Movado.

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 $40.75.

Movado has a market capitalization of $906.09 million 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 employs 1,000 workers across the globe.

Movado'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]