Garmin (GRMN) Stock Price, News & Analysis

Company Overview

Garmin Ltd. (NYSE: GRMN) designs and manufactures GPS-enabled technology and smart devices for fitness, outdoor recreation, aviation, marine, and automotive markets. Its product portfolio includes smartwatches, cycling computers, sports and activity trackers, satellite communication devices, navigation systems, and related sensors and accessories.

The company also develops aviation systems and avionics, marine chartplotters and sonar equipment, and navigation and infotainment solutions for vehicle manufacturers. Garmin sells its products through retailers, distributors, original equipment manufacturers, and direct channels in markets around the world.

Garmin was founded in 1989 by Gary Burrell and Min Kao, with the company name derived from their first names. It was initially established as ProNav and later adopted the Garmin name. The company is incorporated in Switzerland, maintains operational headquarters in the United States, and serves customers globally.

Key Stats

• Today's Range: $278.22 to $292.68
• 50-Day Range: $266.88 to $295.69
• 52-Week Range: $186.67 to $314.28
• Volume: 1.31 million shs
• Average Volume: 908,707 shs
• Market Capitalization: $55.75 billion
• P/E Ratio: 27.76
• Dividend Yield: 1.45%
• Price Target: $315.29
• Consensus Rating: Hold

Garmin Stock Analysis - MarketRank™

Garmin scored higher than 71% of companies evaluated by MarketBeat, and ranked 164th out of 475 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: 2.9 / 5
• Analyst Rating: Hold

Consensus Rating

Garmin has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 1 strong buy rating, 3 buy ratings, 5 hold ratings, and 1 sell rating.

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 been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 0.56%

Earnings Growth

Earnings for Garmin are expected to grow by 0.56% in the coming year, from $10.77 to $10.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Garmin is 27.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of Garmin is 27.76, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 24.95.

Price to Earnings Growth Ratio

Garmin has a PEG Ratio of 2.69. 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 5.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.01% 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 4.3.

Change versus previous month

Short interest in Garmin has recently increased by 1.21%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Garmin pays a meaningful dividend of 1.53%, 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 40.31%. 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 38.78% next year. This indicates that Garmin will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.72

News Sentiment

Garmin has a news sentiment score of 0.72. 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 0.44 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 22 news articles for Garmin this week, compared to 7 articles on an average week.

Search Interest

Only 36 people have searched for GRMN on MarketBeat in the last 30 days. This is a decrease of -3% compared to the previous 30 days.

MarketBeat Follows

9 people have added Garmin to their MarketBeat watchlist in the last 30 days. This is an increase of 80% 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 $2,975,938.00 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 9/25 Dividend: 9/11/2026
• Ex-Dividend for 9/25 Dividend: 9/11/2026
• Dividend Payable: 9/25/2026
• Last Earnings: 10/28/2026
• Today: 11/04/2026
• Record date for 12/24 Dividend: 12/11/2026
• Ex-Dividend for 12/24 Dividend: 12/11/2026
• Dividend Payable: 12/24/2026
• 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: $315.29
• High Price Target: $370.00
• Low Price Target: $250.00
• Potential Upside/Downside: +9.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $10.42
• Trailing P/E Ratio: 27.76
• Forward P/E Ratio: 26.71
• P/E Growth: 2.69
• Net Income: $1.66 billion
• Net Margins: 25.58%
• Pretax Margin: 30.69%
• Return on Equity: 21.94%
• Return on Assets: 17.81%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.05
• Quick Ratio: 1.99

Sales & Book Value

• Annual Sales: $7.89 billion
• Price / Sales: 7.07
• Cash Flow: $10.23 per share
• Price / Cash Flow: 28.28
• Book Value: $49.56 per share
• Price / Book: 5.84

Miscellaneous

• Outstanding Shares: 192,695,000
• Free Float: 164,176,000
• Market Cap: $55.75 billion
• Optionable: Optionable
• Beta: 0.90