PVH Corp (PVH) Announces Quarterly Dividend of $0.04
PVH Corp (NYSE:PVH) declared a quarterly dividend on Friday, August 8th, AnalystRatings.NET reports. Investors of record on Thursday, August 28th will be given a dividend of 0.0375 per share on Thursday, September 18th. This represents a $0.15 dividend on an annualized basis and a yield of 0.13%. The ex-dividend date of this dividend is Tuesday, August 26th.
PVH has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of PVH Corp in a research note on Thursday, July 24th. They now have a $117.00 price target on the stock. On a related note, analysts at Oppenheimer upgraded shares of PVH Corp from a “market perform” rating to an “outperform” rating in a research note on Tuesday, July 15th. They now have a $80.00 price target on the stock, up previously from $1.00. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of PVH Corp in a research note on Wednesday, June 11th. They now have a $128.00 price target on the stock, down previously from $131.00. Six analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $140.56.
Shares of PVH Corp (NYSE:PVH) traded up 4.46% during mid-day trading on Friday, hitting $114.43. 1,342,314 shares of the company’s stock traded hands. PVH Corp has a 52-week low of $107.05 and a 52-week high of $138.94. The stock has a 50-day moving average of $113.5 and a 200-day moving average of $121.. The company has a market cap of $9.423 billion and a P/E ratio of 48.38.
PVH Corp (NYSE:PVH) last released its earnings data on Wednesday, June 4th. The company reported $1.47 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.49 by $0.02. The company had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the prior year, the company posted $1.91 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. On average, analysts predict that PVH Corp will post $7.39 earnings per share for the current fiscal year.
PVH Corp., is an apparel company. The Company’s portfolio of brands includes Calvin Klein, Tommy Hilfiger brands, Van Heusen, IZOD, Bass, ARROW and Eagle, which are owned brands, and Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, JOE Joseph Abboud, MICHAEL Michael Kors, Michael Kors Collection, CHAPS, Donald J.
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