Garmin (GRMN) Stock Price, News & Analysis

Company Overview

Garmin Ltd. is a technology company best known for designing and manufacturing navigation, communication and information devices that leverage global positioning system (GPS) technology. The company serves a diverse set of markets including consumer fitness and wearables, automotive navigation, aviation avionics, marine electronics and outdoor handheld devices. Garmin’s products combine hardware, mapping and software services to deliver location-aware solutions for personal, recreational and professional uses.

Garmin’s product lineup includes wearable fitness and multisport watches (Forerunner, Fenix, Venu), cycling computers and accessories (Edge, Varia), handheld and handheld-mounted GPS devices for outdoor activities, automotive and portable navigation units, marine chartplotters and fishfinders, and certified avionics for fixed- and rotary-wing aircraft. The company also provides companion software and cloud services such as the Garmin Connect platform for activity tracking, route planning and data synchronization, and offers mapping, OEM and subscription services that support its device ecosystem.

Founded in 1989 by Gary Burrell and Dr. Min H. Kao, Garmin grew from early GPS receiver products into a global supplier of navigation and wearable technologies. The company has operations and distribution worldwide and targets both consumer and professional customers across North America, Europe, Asia and other regions. Garmin is incorporated in Switzerland and operates substantial business functions in the United States. The company’s leadership and organizational structure have evolved over time as it diversified product lines and expanded into new markets.

Key Stats

• Today's Range: $288.03 to $298.45
• 50-Day Range: $232.13 to $297.50
• 52-Week Range: $186.67 to $304.00
• Volume: 1.17 million shs
• Average Volume: 971,220 shs
• Market Capitalization: $56.92 billion
• P/E Ratio: 30.43
• Dividend Yield: 1.42%
• Price Target: $289.20
• Consensus Rating: Moderate Buy

Garmin Stock Analysis - MarketRank™

Garmin scored higher than 80% of companies evaluated by MarketBeat, and ranked 128th out of 482 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Garmin has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 1 strong buy rating, 2 buy ratings, 4 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Garmin is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Garmin has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 2.65%

Earnings Growth

Earnings for Garmin are expected to grow by 2.65% in the coming year, from $9.80 to $10.06 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Garmin is 30.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Garmin is 30.43, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 47.16.

Price to Earnings Growth Ratio

Garmin has a PEG Ratio of 3.42. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Garmin has a P/B Ratio of 6.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.39% of the float of Garmin has been sold short.

Short Interest Ratio / Days to Cover

Garmin has a short interest ratio ("days to cover") of 6.32.

Change versus previous month

Short interest in Garmin has recently decreased by 5.79%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Garmin pays a meaningful dividend of 1.41%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Garmin has been increasing its dividend for 8 years.

Dividend Coverage

The dividend payout ratio of Garmin is 46.82%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Garmin will have a dividend payout ratio of 41.75% next year. This indicates that Garmin will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.85

News Sentiment

Garmin has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 53 news articles for Garmin this week, compared to 7 articles on an average week.

Search Interest

12 people have searched for GRMN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 4 people have added Garmin to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

• Score: 2.0 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Garmin insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,478,157.00 in company stock.

Percentage Held by Insiders

14.80% of the stock of Garmin is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

81.60% of the stock of Garmin is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 6/26 Dividend: 6/15/2026
• Ex-Dividend for 6/26 Dividend: 6/15/2026
• Dividend Payable: 6/26/2026
• Last Earnings: 7/29/2026
• Today: 7/31/2026
• Record date for 9/25 Dividend: 9/11/2026
• Ex-Dividend for 9/25 Dividend: 9/11/2026
• Dividend Payable: 9/25/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Household Durables
• Sub-Industry: Consumer Electronics
• Current Symbol: NYSE:GRMN
• CIK: 1121788
• Web: www.garmin.com
• Phone: (152) 630-1600
• Fax: 1-345-945-3390
• Employees: 23,000
• Year Founded: 1989

Price Target and Rating

• Average Price Target for Garmin: $289.20
• High Price Target: $325.00
• Low Price Target: $250.00
• Potential Upside/Downside: -2.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $8.97
• Trailing P/E Ratio: 30.43
• Forward P/E Ratio: 30.12
• P/E Growth: 3.42
• Net Income: $1.66 billion
• Net Margins: 24.47%
• Pretax Margin: 29.58%
• Return on Equity: 20.95%
• Return on Assets: 17.06%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.03
• Quick Ratio: 3.02

Sales & Book Value

• Annual Sales: $7.25 billion
• Price / Sales: 7.86
• Cash Flow: $9.52 per share
• Price / Cash Flow: 31.00
• Book Value: $46.82 per share
• Price / Book: 6.30

Miscellaneous

• Outstanding Shares: 192,850,000
• Free Float: 164,313,000
• Market Cap: $56.92 billion
• Optionable: Optionable
• Beta: 0.90