TSE:GIL Q3 EPS Estimate Lowered by National Bank Financial

Gildan Activewear Inc. (TSE:GIL - Free Report) NYSE: GIL - Investment analysts at National Bank Financial dropped their Q3 2026 earnings per share (EPS) estimates for shares of Gildan Activewear in a research note issued to investors on Wednesday, April 30th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings per share of $1.53 for the quarter, down from their prior estimate of $1.57. 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 $1.36 EPS.

Gildan Activewear (TSE:GIL - Get Free Report) NYSE: GIL last released its quarterly earnings results on Wednesday, February 19th. The company reported C$0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.82 by C$0.01. Gildan Activewear had a net margin of 13.05% and a return on equity of 23.10%. During the same period in the prior year, the business posted $0.75 EPS.

Other equities research analysts also recently issued research reports about the company. Barclays upgraded Gildan Activewear to a "strong-buy" rating in a report on Monday, April 28th. Desjardins cut their price target on shares of Gildan Activewear from C$87.00 to C$80.00 and set a "buy" rating on the stock in a research note on Wednesday, April 30th. UBS Group raised shares of Gildan Activewear from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 10th. Finally, National Bankshares cut their target price on shares of Gildan Activewear from C$83.00 to C$72.00 in a research note on Monday, April 21st. Four analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of C$64.00.

Gildan Activewear Trading Up 0.5 %

TSE:GIL traded up C$0.30 during trading hours on Friday, reaching C$64.94. 85,487 shares of the stock were exchanged, compared to its average volume of 438,938. Gildan Activewear has a twelve month low of C$44.26 and a twelve month high of C$79.11. The business has a 50-day moving average of C$63.20 and a two-hundred day moving average of C$67.77. The company has a market capitalization of C$7.05 billion, a price-to-earnings ratio of 17.41, a PEG ratio of 4.55 and a beta of 1.64. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 16th will be paid a dividend of $0.226 per share. The ex-dividend date of this dividend is Tuesday, May 20th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.39%. Gildan Activewear's payout ratio is currently 29.76%.

Insider Activity at Gildan Activewear

In related news, Senior Officer Rhodri Harries sold 100,000 shares of the stock in a transaction on Thursday, February 27th. The shares were sold at an average price of C$78.08, for a total value of C$7,808,000.00. Also, Senior Officer John Maness sold 1,661 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of C$68.77, for a total value of C$114,234.28. Insiders have sold 110,144 shares of company stock valued at $8,568,586 over the last quarter. 2.26% of the stock is 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.