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 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 1.64%. The ex-dividend date is Friday, June 8th. View Movado Group's Dividend History.

Movado Group announced that its board has approved a stock buyback program on Wednesday, August 30th 2017, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

Movado Group, Inc (NYSE:MOV) issued its quarterly 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 business 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 revenue for the quarter was up 28.0% on a year-over-year basis. During the same period last year, the firm 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 issued an update on its FY19 earnings guidance on Wednesday, May, 30th. The company provided EPS guidance of $2.35-2.40 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokerages have issued 1 year price objectives for Movado Group's shares. Their predictions 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.

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Media coverage about MOV stock has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Movado Group earned a news sentiment score of 0.24 on Accern's scale. They also assigned news headlines about the company an impact score of 47.95 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Movado Group's stock is owned by a number of of retail and institutional investors. Top institutional investors 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 $48.90.

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]