TSE:GIL FY2026 EPS Forecast Cut by National Bank Financial

Key Points

• National Bank Financial has reduced its FY2026 EPS forecast for Gildan Activewear to $5.23, down from $5.30, while the consensus estimate for the full year is $4.55 per share.
• Several analysts have recently provided mixed ratings on Gildan Activewear, with Barclays and Scotiabank upgrading the stock to "strong-buy" and a general consensus rating of "Strong Buy" with a target price of C$64.00.
• Gildan Activewear recently announced a $0.226 quarterly dividend, translating to an annual yield of 1.27% and a payout ratio of approximately 29.76%.

Gildan Activewear Inc. (TSE:GIL - Free Report) NYSE: GIL - National Bank Financial dropped their FY2026 earnings per share (EPS) estimates for shares of Gildan Activewear in a research report issued to clients and investors on Wednesday, July 23rd. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings of $5.23 per share for the year, down from their previous forecast of $5.30. The consensus estimate for Gildan Activewear's current full-year earnings is $4.55 per share. National Bank Financial also issued estimates for Gildan Activewear's Q4 2026 earnings at $1.34 EPS and FY2027 earnings at $5.71 EPS.

Other equities analysts also recently issued research reports about the stock. Barclays raised shares of Gildan Activewear to a "strong-buy" rating in a research note on Monday, April 28th. National Bankshares cut their price objective on Gildan Activewear from C$83.00 to C$72.00 in a research report on Monday, April 21st. Desjardins decreased their target price on Gildan Activewear from C$87.00 to C$80.00 and set a "buy" rating for the company in a research report on Wednesday, April 30th. Finally, Scotiabank upgraded Gildan Activewear to a "strong-buy" rating in a report on Wednesday, May 28th. Four equities research analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. According to data from MarketBeat.com, Gildan Activewear has a consensus rating of "Strong Buy" and a consensus target price of C$64.00.

Gildan Activewear Trading Down 1.5%

Shares of GIL stock opened at C$71.14 on Friday. The company has a quick ratio of 0.87, a current ratio of 2.31 and a debt-to-equity ratio of 101.26. Gildan Activewear has a fifty-two week low of C$52.77 and a fifty-two week high of C$79.11. The firm's 50 day moving average price is C$67.51 and its two-hundred day moving average price is C$67.52. The stock has a market cap of C$7.72 billion, a price-to-earnings ratio of 19.08, a price-to-earnings-growth ratio of 4.55 and a beta of 1.64.

Gildan Activewear Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 16th were paid a dividend of $0.226 per share. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a $0.90 annualized dividend and a dividend yield of 1.27%. Gildan Activewear's dividend payout ratio is presently 29.76%.

Insider Transactions at Gildan Activewear

In other Gildan Activewear news, Senior Officer Juan Carlos Contreras Y. Contreras sold 4,900 shares of Gildan Activewear stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of C$65.00, for a total transaction of C$318,490.20. Following the sale, the insider directly owned 144 shares in the company, valued at C$9,359.71. The trade was a 97.15% decrease in their position. Also, Senior Officer Benito Masi sold 15,000 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of C$68.66, for a total value of C$1,029,840.00. 2.26% of the stock is currently owned by insiders.

Gildan Activewear Company Profile

Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts to wholesalers and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels.

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