Topgolf Callaway Brands (MODG) Stock Price, News & Analysis

Company Overview

Topgolf Callaway Brands plc (NYSE: MODG) is a leading global sports and entertainment company formed through the merger of Callaway Golf Company and Topgolf Entertainment Group in July 2022. The company combines Callaway’s heritage in golf equipment design and manufacturing with Topgolf’s innovative, technology-driven entertainment venues. Topgolf Callaway Brands serves a diverse audience of golf enthusiasts, casual players and social visitors, offering experiences that span both competitive sport and leisure activities.

Under the Callaway Golf brand, the company develops and markets a broad portfolio of premium golf clubs, balls, accessories and apparel. Leveraging advanced materials science and proprietary club-fitting systems, Callaway designs products for golfers of all skill levels. The brand also includes Odyssey putters and other specialty lines, alongside digital tools and services that help players optimize performance, such as the Callaway Performance Institute and mobile swing-analysis apps.

The Topgolf segment operates more than 80 venues worldwide, combining high-tech driving ranges with interactive scoring systems, climate-controlled hitting bays and full-service food and beverage offerings. Each venue supports private events, corporate outings and league play, and features golf lessons, club fitting and boutique retail. Topgolf’s loyalty program and mobile platform enhance customer engagement through rewards, event booking and social connectivity.

With headquarters in Dallas, Texas, Topgolf Callaway Brands serves markets across the United States, United Kingdom, Australia, Mexico, Germany, the United Arab Emirates and beyond. Callaway Golf traces its origins to 1982, when Ely Callaway founded the company, while the first Topgolf venue opened in 2000 in Watford, England. Chip Brewer, former CEO of Callaway Golf, leads the combined company as CEO, driving growth through product innovation and venue expansion in core and emerging markets.

Key Stats

• Today's Range: $9.24 to $9.43
• 50-Day Range: $7.89 to $9.97
• 52-Week Range: $5.42 to $11.41
• Volume: 215,404 shs
• Average Volume: 2.92 million shs
• Market Capitalization: $1.70 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.00
• Consensus Rating: Hold

Topgolf Callaway Brands Stock Analysis - MarketRank™

Topgolf Callaway Brands scored higher than 26% of companies evaluated by MarketBeat, and ranked 246th out of 290 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: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Topgolf Callaway Brands has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Topgolf Callaway Brands has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Topgolf Callaway Brands are expected to decrease in the coming year, from $0.16 to ($0.07) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Topgolf Callaway Brands is -1.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Topgolf Callaway Brands is -1.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Topgolf Callaway Brands has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

9.64% of the float of Topgolf Callaway Brands has been sold short.

Short Interest Ratio / Days to Cover

Topgolf Callaway Brands has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in Topgolf Callaway Brands has recently decreased by 15.78%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Topgolf Callaway Brands does not currently pay a dividend.

Dividend Growth

Topgolf Callaway Brands does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

9.64% of the float of Topgolf Callaway Brands has been sold short.

Short Interest Ratio / Days to Cover

Topgolf Callaway Brands has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in Topgolf Callaway Brands has recently decreased by 15.78%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 1.44

News Sentiment

Topgolf Callaway Brands has a news sentiment score of 1.44. 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 0.91 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Topgolf Callaway Brands this week, compared to 7 articles on an average week.

Search Interest

Only 3 people have searched for MODG on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Topgolf Callaway Brands to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Topgolf Callaway Brands insiders have bought 377.06% more of their company's stock than they have sold. Specifically, they have bought $5,533,600.00 in company stock and sold $1,159,944.00 in company stock.

Percentage Held by Insiders

Only 2.49% of the stock of Topgolf Callaway Brands is held by insiders.

Percentage Held by Institutions

84.69% of the stock of Topgolf Callaway Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MODG Stock Analysis - Frequently Asked Questions

How have MODG shares performed this year?

Topgolf Callaway Brands' stock was trading at $7.86 on January 1st, 2025. Since then, MODG stock has increased by 17.9% and is now trading at $9.2650.

How were Topgolf Callaway Brands' earnings last quarter?

Topgolf Callaway Brands Corp. (NYSE:MODG) issued its quarterly earnings data on Wednesday, August, 6th. The company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.21. The firm's quarterly revenue was down 4.1% compared to the same quarter last year.
Read the conference call transcript.

Who are Topgolf Callaway Brands' major shareholders?

Top institutional investors of Topgolf Callaway Brands include Marshall Wace LLP (2.55%), Hill Path Capital LP (2.55%), Geode Capital Management LLC (1.75%) and Alliancebernstein L.P. (1.53%). Insiders that own company stock include Oliver G Brewer III, Adebayo O Ogunlesi, Russell L Fleischer, Artie Starrs, Brian P Lynch, Samuel H Armacost, Jennifer L Thomas, Laura Jean Flanagan, Rebecca Fine, Erik J Anderson and Glenn F Hickey.
View institutional ownership trends.

How do I buy shares of Topgolf Callaway Brands?

Shares of MODG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Topgolf Callaway Brands own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Topgolf Callaway Brands investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), SPDR S&P 500 ETF Trust (SPY), Broadcom (AVGO) and Tesla (TSLA).

Company Calendar

• Last Earnings: 8/06/2025
• Today: 9/03/2025
• Next Earnings (Estimated): 11/11/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: LEISURE&REC PRD
• Sub-Industry: Recreation
• Current Symbol: NYSE:MODG
• CIK: 837465
• Web: www.callawaygolf.com
• Phone: (760) 931-1771
• Fax: 760-931-8013
• Employees: 30,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Topgolf Callaway Brands: $10.00
• High Price Target: $13.00
• Low Price Target: $7.00
• Potential Upside/Downside: +6.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.30
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): ($8.13)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 58.76
• P/E Growth: N/A
• Net Income: -$1.45 billion
• Net Margins: -36.08%
• Pretax Margin: -36.02%
• Return on Equity: 0.37%
• Return on Assets: 0.13%

Debt

• Debt-to-Equity Ratio: 0.48
• Current Ratio: 1.85
• Quick Ratio: 1.25

Sales & Book Value

• Annual Sales: $4.24 billion
• Price / Sales: 0.41
• Cash Flow: $9.50 per share
• Price / Cash Flow: 0.99
• Book Value: $13.53 per share
• Price / Book: 0.69

Miscellaneous

• Outstanding Shares: 183,870,000
• Free Float: 179,288,000
• Market Cap: $1.73 billion
• Optionable: Optionable
• Beta: 1.25