VF Corp Company Profile (NYSE:VFC)

VF Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "VFC."

VF Corp announced a quarterly dividend on Friday, April 28th. Shareholders of record on Friday, June 9th will be paid a dividend of $0.42 per share on Monday, June 19th. This represents a $1.68 annualized dividend and a yield of 3.13%. The ex-dividend date of this dividend is Wednesday, June 7th. View VF Corp's Dividend History.

VF Corp announced that its board has authorized a stock repurchase program on Tuesday, April 11th 2017, which permits the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 22.3% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

VF Corp (NYSE:VFC) released its earnings results on Friday, April, 28th. The company reported $0.55 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.55. The business had revenue of $2.58 billion for the quarter, compared to analysts' expectations of $2.73 billion. VF Corp had a return on equity of 26.26% and a net margin of 9.23%. The firm's revenue for the quarter was down 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.61 earnings per share. View VF Corp's Earnings History.

VF Corp is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for VF Corp.

VF Corp updated its FY17 earnings guidance on Friday, April, 28th. The company provided earnings per share (EPS) guidance of $3.01-3.07 for the period, compared to the Thomson Reuters consensus estimate of $3.06.

20 equities research analysts have issued 12 month target prices for VF Corp's stock. Their predictions range from $49.00 to $68.00. On average, they expect VF Corp's stock price to reach $56.06 in the next twelve months. View Analyst Ratings for VF Corp.

Here are some recent quotes from research analysts about VF Corp stock:

• 1. Wells Fargo & Co analysts commented, "First things first, the expectations heading into VFC's Q4 EPS probably couldn't have been lower (with growing concerns around the NA wholesale channel, cold weather product performance, mass retailer inventory de-stocking all driving a near double of SI vs. 3 months ago). That said, VFC's Q4 results were, as expected: choppy. While sales by channel/brand varied, all in they missed top-line (primarily driven by weakness at TNF and Jeanswear), but were able to drive better GMs (more favorable channel and geographic mix) and hit EPS (though missed Street EBIT by 10%). Their outlook for next FY also fell well below the Street (implied $3.02-$3.08 vs. Street's $3.30), but again close to buyside expectations at this point. What's interesting is that this is almost the exact same setup that VFC used to start 2016 ' planning the business to be challenged in 1H (organic revs flat) with the assumption of a material ramp in fundamentals by 2H (organic revs +MSD). As we all know, that strategy didn't work last year (VFC missed top-line plan the past 3 quarters) and the negative revisions continued to weigh on the stock and valuation ( VFC shares -20% LY vs. SPX +14%). So, until we see more details on the long-term plan from new management (analyst day set for March 30th) or get more comfortable that management's visibility is improving (unclear today), we'll remain sidelined. Lowering FY17/FY18 estimates to $3.12/$3.30 (from $3.20/$3.46) and valuation range to $51-$53 (from $57-59)." (2/17/2017)
• 2. According to Zacks Investment Research, "V.F. Corporation’s second-quarter 2016 earnings beat estimates. Also, both the top and bottom lines rose year over year. Results were mainly driven by solid sales at the Outdoor & Action Sports, Imagewear and Jeanswear segments, along with impressive direct-to-consumer and international business performance. However, results continued to be hurt by currency woes that also weighed on margins. Moreover, management’s 2016 view indicates that results will continue to be impacted by these headwinds, alongside being hurt by the company’s recent decision to sell its Contemporary Brands business. This, along with bankruptcy in the sporting goods channel, led management to trim its sales outlook for the year. Nonetheless, V.F. Corp.’s focus on strategic acquisitions and expansion of global operations highlights its growth prospects. Moreover, its solid brand portfolio and opportunities with regard to distribution bode well." (7/27/2016)

VF Corp saw a decline in short interest in May. As of May 15th, there was short interest totalling 28,410,420 shares, a decline of 9.3% from the April 28th total of 31,310,232 shares. Based on an average daily volume of 3,650,978 shares, the days-to-cover ratio is presently 7.8 days. Currently, 6.9% of the shares of the company are sold short.

Some companies that are related to VF Corp include PVH Corp (PVH), Hanesbrands (HBI), Lululemon Athletica inc. (LULU), Gildan Activewear (GIL), Michael Kors Holdings Ltd (KORS), Ralph Lauren Corp (RL), Carter's (CRI), Columbia Sportswear Company (COLM), UniFirst Corp (UNF), Kate Spade & Co (KATE), G-III Apparel Group (GIII), Oxford Industries (OXM), Perry Ellis International (PERY), Sequential Brands Group (SQBG), Quiksilver (ZQK), Crown Crafts (CRWS), XCel Brands (XELB) and Vince Holding Corp (VNCE).

VF Corp's management team includes the folowing people:

• Eric C. Wiseman, Chairman of the Board
• Steven E. Rendle, President, Chief Executive Officer, Director
• Scott A. Roe, Chief Financial Officer, Vice President
• Travis Campbell, Brand President - Smartwool®
• Brendan Sullivan, President - Sportswear
• Bryan H. McNeill, Chief Accounting Officer, Vice President, Controller
• Laura C. Meagher, Vice President, General Counsel, Secretary
• Joseph A. Alkire, Vice President - Investor Relations and Financial Planning & Analysis
• Scott H. Baxter, Vice President, Group President - Outdoor and Action Sports Americas
• Curtis Holtz, Vice President and Group President — Outdoor and Action Sports Americas

VF Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include PNC Financial Services Group Inc. (33.94%), Wellington Management Group LLP (8.23%), State Street Corp (5.08%), Vanguard Group Inc. (4.91%), BlackRock Inc. (4.73%) and Parnassus Investments CA (3.26%). Company insiders that own VF Corp stock include Bedout Juan Ernesto De, Clarence Otis Jr, Eric C Wiseman, John E Barbey Trust Udt Dated, Raymond G Viault, Richard Carucci, Robert J/Ny Hurst, Scott A Roe and Steven E Rendle. View Institutional Ownership Trends for VF Corp.

VF Corp's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Alliancebernstein L.P., Massachusetts Financial Services Co. MA, Vanguard Group Inc., Morgan Stanley, Public Employees Retirement Association of Colorado, Ameriprise Financial Inc. and Janus Capital Management LLC. Company insiders that have sold VF Corp stock in the last year include Bedout Juan Ernesto De, Clarence Otis Jr, Eric C Wiseman and Robert J/Ny Hurst. View Insider Buying and Selling for VF Corp.

VF Corp's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Wellington Management Group LLP, Parnassus Investments CA, Victory Capital Management Inc., Bank of New York Mellon Corp, Gotham Asset Management LLC, Schwab Charles Investment Management Inc. and Deprince Race & Zollo Inc.. View Insider Buying and Selling for VF Corp.

Shares of VF Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of VF Corp stock can currently be purchased for approximately $53.71.