Movado Group Stock Forecast, Price & News

Movado Group's stock was trading at $41.83 at the beginning of 2022. Since then, MOV stock has decreased by 21.8% and is now trading at $32.73.
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Movado Group is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our earnings forecast for Movado Group.

Movado Group, Inc. (NYSE:MOV) issued its earnings results on Thursday, May, 26th. The company reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.36. Movado Group had a trailing twelve-month return on equity of 22.38% and a net margin of 13.23%. During the same quarter last year, the firm posted $0.43 EPS.
View Movado Group's earnings history.

Movado Group announced a quarterly dividend on Thursday, May 26th. Shareholders of record on Wednesday, June 8th will be given a dividend of $0.35 per share on Wednesday, June 22nd. This represents a $1.40 annualized dividend and a dividend yield of 4.28%. The ex-dividend date is Tuesday, June 7th.
View Movado Group's dividend history.

Movado Group(NYSE:MOV) pays an annual dividend of $1.40 per share and currently has a dividend yield of 4.37%. MOV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Movado Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Movado Group is 32.79%. This payout ratio is at a healthy, sustainable level, below 75%.
View Movado Group's dividend history.

Movado Group issued an update on its FY 2023 earnings guidance on Thursday, June, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $780.00 million-$800.00 million, compared to the consensus revenue estimate of $774.00 million.

60 employees have rated Movado Group CEO Efraim Grinberg on Glassdoor.com. Efraim Grinberg has an approval rating of 97% among Movado Group's employees. This puts Efraim Grinberg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Movado Group include V.F. (VFC), Tapestry (TPR), Ralph Lauren (RL), Columbia Sportswear (COLM), PVH (PVH), Hanesbrands (HBI), Carter's (CRI), Oxford Industries (OXM), G-III Apparel Group (GIII), Fossil Group (FOSL), Delta Apparel (DLA), Vera Bradley (VRA) and Boardriders (ZQKSQ).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Movado Group investors own include Pfizer (PFE), Gilead Sciences (GILD), Intel (INTC), Fossil Group (FOSL), Alibaba Group (BABA), JD.com (JD), Hello Group (MOMO), NVIDIA (NVDA), Cisco Systems (CSCO) and Micron Technology (MU).

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

Movado Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.36%), Dimensional Fund Advisors LP (5.05%), Royce & Associates LP (4.61%), Victory Capital Management Inc. (2.73%), State Street Corp (2.20%) and Tributary Capital Management LLC (2.11%). Company insiders that own Movado Group stock include Alan H Howard, Alexander Grinberg, Ann Kirschner, Behzad Soltani, Efraim Grinberg, Maurice S Reznik, Mitchell Cole Sussis, Richard D Isserman, Sallie A Demarsilis, Stephen I Sadove and Vivian Delia.
View institutional ownership trends for Movado Group.

MOV stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Bank of New York Mellon Corp, JPMorgan Chase & Co., Teton Advisors Inc., Teton Advisors Inc., Northern Trust Corp, Federated Hermes Inc., and Russell Investments Group Ltd.. Company insiders that have sold Movado Group company stock in the last two years include Alan H Howard, Alexander Grinberg, Ann Kirschner, Behzad Soltani, Efraim Grinberg, Mitchell Cole Sussis, Richard D Isserman, Sallie A Demarsilis, Stephen I Sadove, and Vivian Delia.
View insider buying and selling activity for Movado Group or view top insider-selling stocks.

MOV stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Acadian Asset Management LLC, LSV Asset Management, Royce & Associates LP, Pacer Advisors Inc., Dimensional Fund Advisors LP, American Century Companies Inc., and Panagora Asset Management Inc..
View insider buying and selling activity for Movado Group or or view top insider-buying stocks.

Shares of MOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MOV stock can currently be purchased for approximately $32.73.

Movado Group (NYSE:MOV) has a market capitalization of $738.29 million and generates $732.39 million in revenue each year. The company earns $91.60 million in net income (profit) each year or $4.27 on an earnings per share basis.

Movado Group employs 940 workers across the globe.

Movado Group was founded in 1881.

Movado Group's mailing address is 650 FROM ROAD SUITE 375, PARAMUS NJ, 07652. The official website for Movado Group is www.movadogroup.com. The company can be reached via phone at (201) 267-8000, via email at [email protected], or via fax at 201-267-8230.