Columbia Sportswear Company (NASDAQ:COLM) Receives $60.80 Consensus Target Price from Analysts

Key Points

• Columbia Sportswear has received a consensus rating of "Hold" from analysts, with one sell, five hold, and one buy recommendation.
• The company's quarterly earnings reported a loss of $0.19 EPS, outperforming expectations, along with a year-over-year revenue increase of 6.1%.
• Columbia Sportswear also declared a quarterly dividend of $0.30, resulting in an annualized dividend yield of 2.2%.

Shares of Columbia Sportswear Company (NASDAQ:COLM - Get Free Report) have been assigned an average recommendation of "Hold" from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $60.80.

Several equities analysts have issued reports on COLM shares. Citigroup decreased their price objective on shares of Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating for the company in a research note on Friday, August 1st. Needham & Company LLC started coverage on shares of Columbia Sportswear in a research note on Friday, May 30th. They issued a "hold" rating for the company. Stifel Nicolaus decreased their price objective on shares of Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating for the company in a research note on Friday, August 1st. UBS Group decreased their price objective on shares of Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating for the company in a research note on Friday, August 1st. Finally, Cfra Research upgraded shares of Columbia Sportswear to a "hold" rating in a research note on Monday, August 4th.

Columbia Sportswear Trading Down 0.9%

NASDAQ:COLM traded down $0.50 during trading hours on Thursday, hitting $54.11. The company's stock had a trading volume of 772,372 shares, compared to its average volume of 679,687. The stock has a market capitalization of $2.96 billion, a P/E ratio of 13.80 and a beta of 0.96. The stock has a fifty day moving average of $56.35 and a 200-day moving average of $63.72. Columbia Sportswear has a 52-week low of $48.10 and a 52-week high of $92.88.

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

Columbia Sportswear Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.2%. The ex-dividend date was Thursday, August 21st. Columbia Sportswear's dividend payout ratio is currently 30.61%.

Institutional Investors Weigh In On Columbia Sportswear

Several hedge funds have recently made changes to their positions in COLM. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Columbia Sportswear during the first quarter worth about $39,222,000. Invesco Ltd. lifted its position in Columbia Sportswear by 231.7% in the second quarter. Invesco Ltd. now owns 367,330 shares of the textile maker's stock valued at $22,437,000 after purchasing an additional 256,578 shares during the period. Norges Bank acquired a new stake in Columbia Sportswear in the second quarter valued at about $14,669,000. AQR Capital Management LLC lifted its position in Columbia Sportswear by 67.5% in the second quarter. AQR Capital Management LLC now owns 530,762 shares of the textile maker's stock valued at $32,387,000 after purchasing an additional 213,905 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in Columbia Sportswear in the second quarter valued at about $12,238,000. Institutional investors and hedge funds own 47.76% of the company's stock.

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.