Analysts Set Columbia Sportswear Company (NASDAQ:COLM) Price Target at $60.80

Key Points

• Columbia Sportswear Company has received an average rating of "Hold" from analysts, with one sell, five hold, and one buy rating among seven rating firms covering the stock.
• The company's latest earnings report showed a quarterly revenue of $605.25 million, surpassing analysts' estimates, and a positive EPS of ($0.19), beating estimates by $0.09.
• Columbia Sportswear announced a quarterly dividend of $0.30 per share, representing an annualized dividend yield of 2.2% with a payout ratio of 30.61%.

Columbia Sportswear Company (NASDAQ:COLM - Get Free Report) has earned an average rating of "Hold" from the seven research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $60.80.

A number of brokerages have commented on COLM. Cfra Research raised shares of Columbia Sportswear to a "hold" rating in a research note on Monday, August 4th. Barclays dropped their price target on Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating for the company in a research report on Friday, August 1st. Needham & Company LLC began coverage on Columbia Sportswear in a research note on Friday, May 30th. They set a "hold" rating on the stock. UBS Group decreased their price objective on Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating on the stock in a research report on Friday, August 1st. Finally, Stifel Nicolaus dropped their target price on Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating for the company in a report on Friday, August 1st.

Columbia Sportswear Stock Performance

Shares of COLM traded down $0.45 during mid-day trading on Friday, hitting $53.56. 571,817 shares of the stock were exchanged, compared to its average volume of 782,164. The company has a market cap of $2.93 billion, a PE ratio of 13.66 and a beta of 1.00. Columbia Sportswear has a 52-week low of $48.10 and a 52-week high of $92.88. The firm has a 50-day moving average of $58.34 and a two-hundred day moving average of $67.51.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The textile maker reported ($0.19) earnings per share for the quarter, topping the consensus estimate of ($0.28) by $0.09. The company had revenue of $605.25 million for the quarter, compared to analysts' expectations of $587.97 million. Columbia Sportswear had a net margin of 6.59% and a return on equity of 12.97%. Columbia Sportswear's quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.20) earnings per share. Columbia Sportswear has set its Q3 2025 guidance at 1.000-1.200 EPS. FY 2025 guidance at EPS. On average, sell-side analysts predict that Columbia Sportswear will post 4.1 EPS for the current year.

Columbia Sportswear Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $1.20 annualized dividend and a dividend yield of 2.2%. Columbia Sportswear's dividend payout ratio is currently 30.61%.

Hedge Funds Weigh In On Columbia Sportswear

A number of large investors have recently made changes to their positions in the company. Boston Trust Walden Corp lifted its stake in Columbia Sportswear by 0.5% in the second quarter. Boston Trust Walden Corp now owns 1,198,524 shares of the textile maker's stock worth $73,206,000 after purchasing an additional 5,491 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Columbia Sportswear by 12.7% in the first quarter. American Century Companies Inc. now owns 997,013 shares of the textile maker's stock worth $75,464,000 after buying an additional 112,282 shares during the period. AQR Capital Management LLC raised its holdings in shares of Columbia Sportswear by 67.5% in the second quarter. AQR Capital Management LLC now owns 530,762 shares of the textile maker's stock worth $32,387,000 after buying an additional 213,905 shares during the period. Jacobs Levy Equity Management Inc. bought a new stake in shares of Columbia Sportswear during the 1st quarter worth approximately $39,222,000. Finally, Bank of New York Mellon Corp boosted its holdings in Columbia Sportswear by 0.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 390,923 shares of the textile maker's stock valued at $23,878,000 after acquiring an additional 3,331 shares during the period. 47.76% of the stock is owned by hedge funds and other institutional investors.

About Columbia Sportswear

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.