Columbia Sportswear Company (NASDAQ:COLM) Given Average Rating of "Hold" by Analysts

Key Points

• Analysts have a consensus “Hold” rating on Columbia Sportswear, with one sell, three hold and two buy recommendations. The average 12-month price target is $65.40, compared with the stock’s reported price of $56.84.
• Columbia Sportswear exceeded quarterly expectations, reporting $0.52 in EPS versus a projected loss of $0.39 and revenue of $614.36 million, up 1.5% year over year.
• The company pays a quarterly dividend of $0.30, equivalent to $1.20 annually and a 2.1% yield. Institutional investors and hedge funds own 47.76% of the outstanding shares.

Shares of Columbia Sportswear Company (NASDAQ:COLM - Get Free Report) have been given an average recommendation of "Hold" by the six ratings firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $65.40.

Several equities analysts have recently commented on COLM shares. Stifel Nicolaus set a $67.00 price target on shares of Columbia Sportswear and gave the company a "buy" rating in a report on Friday, July 31st. Wall Street Zen lowered Columbia Sportswear from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 5th. BTIG Research reissued a "buy" rating and set a $80.00 price objective on shares of Columbia Sportswear in a research report on Friday, July 31st. Weiss Ratings upgraded Columbia Sportswear from a "sell (d+)" rating to a "hold (c)" rating in a research note on Monday, August 17th. Finally, Robert W. Baird set a $65.00 target price on Columbia Sportswear in a research report on Friday, July 31st.

Institutional Trading of Columbia Sportswear

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Columbia Sportswear during the 2nd quarter worth $152,164,000. Dimensional Fund Advisors LP boosted its holdings in Columbia Sportswear by 15.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,222,770 shares of the textile maker's stock worth $121,824,000 after purchasing an additional 301,277 shares in the last quarter. Deprince Race & Zollo Inc. bought a new stake in Columbia Sportswear in the first quarter worth $27,407,000. Bank of New York Mellon Corp acquired a new position in Columbia Sportswear during the second quarter worth $16,691,000. Finally, Quantinno Capital Management LP increased its position in Columbia Sportswear by 7.6% during the first quarter. Quantinno Capital Management LP now owns 292,953 shares of the textile maker's stock worth $16,057,000 after buying an additional 20,797 shares during the last quarter. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Columbia Sportswear Price Performance

NASDAQ:COLM opened at $56.84 on Monday. The stock has a market cap of $2.91 billion, a PE ratio of 14.76 and a beta of 0.94. Columbia Sportswear has a fifty-two week low of $47.47 and a fifty-two week high of $69.06. The stock's 50-day moving average is $59.20 and its two-hundred day moving average is $60.17.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.39) by $0.91. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The business had revenue of $614.36 million during the quarter, compared to analyst estimates of $606.97 million. During the same period in the prior year, the firm earned ($0.19) earnings per share. The firm's revenue was up 1.5% compared to the same quarter last year. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS. On average, equities research analysts anticipate that Columbia Sportswear will post 3.58 earnings per share for the current year.

Columbia Sportswear Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were issued a $0.30 dividend. The ex-dividend date was Thursday, August 20th. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. Columbia Sportswear's dividend payout ratio is currently 31.17%.

About Columbia Sportswear

Columbia Sportswear Company is a global apparel, footwear and accessories company based in Portland, Oregon. Founded in 1938 as the Columbia Hat Company, the business has grown from a regional hat manufacturer into an outdoor and active-lifestyle brand serving consumers through wholesale distribution, company-operated stores and e-commerce channels.

The company designs and sells products for outdoor activities and everyday use, including jackets, shirts, pants, footwear, sportswear, equipment and accessories.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.