What is Zacks Research's Estimate for COLM FY2027 Earnings?

Columbia Sportswear (NASDAQ:COLM - Free Report) - Equities researchers at Zacks Research reduced their FY2027 earnings estimates for Columbia Sportswear in a research report issued on Wednesday, May 21st. Zacks Research analyst R. Department now expects that the textile maker will post earnings per share of $4.44 for the year, down from their prior estimate of $4.83. The consensus estimate for Columbia Sportswear's current full-year earnings is $4.10 per share.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last announced its earnings results on Thursday, May 1st. The textile maker reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.68 by $0.07. Columbia Sportswear had a net margin of 6.63% and a return on equity of 12.23%. The business had revenue of $778.45 million during the quarter, compared to the consensus estimate of $763.50 million. During the same quarter last year, the firm earned $0.71 earnings per share. The business's revenue for the quarter was up 1.1% on a year-over-year basis.

Several other brokerages also recently weighed in on COLM. Wall Street Zen downgraded shares of Columbia Sportswear from a "buy" rating to a "hold" rating in a research report on Wednesday, February 5th. Barclays dropped their target price on shares of Columbia Sportswear from $64.00 to $62.00 and set an "equal weight" rating on the stock in a report on Friday, May 2nd. Citigroup restated a "neutral" rating and issued a $68.00 target price (down previously from $80.00) on shares of Columbia Sportswear in a report on Monday, April 7th. UBS Group raised their target price on shares of Columbia Sportswear from $42.00 to $51.00 and gave the stock a "sell" rating in a report on Monday, April 14th. Finally, Stifel Nicolaus dropped their target price on shares of Columbia Sportswear from $91.00 to $75.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $70.00.

Columbia Sportswear Stock Up 3.8%

Shares of NASDAQ COLM traded up $2.40 on Thursday, reaching $66.20. 231,576 shares of the company's stock traded hands, compared to its average volume of 588,125. Columbia Sportswear has a 12 month low of $58.44 and a 12 month high of $92.88. The business's 50 day simple moving average is $67.45 and its two-hundred day simple moving average is $79.03. The company has a market cap of $3.65 billion, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 2.54 and a beta of 1.00.

Columbia Sportswear Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.81%. The ex-dividend date is Thursday, May 22nd. Columbia Sportswear's dividend payout ratio is presently 30.69%.

Insider Transactions at Columbia Sportswear

In other news, EVP Richelle T. Luther sold 4,000 shares of Columbia Sportswear stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $92.36, for a total transaction of $369,440.00. Following the transaction, the executive vice president now owns 14,283 shares in the company, valued at $1,319,177.88. This trade represents a 21.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Stephen E. Babson sold 2,776 shares of Columbia Sportswear stock in a transaction on Friday, May 9th. The stock was sold at an average price of $65.94, for a total transaction of $183,049.44. Following the transaction, the director now owns 128,309 shares in the company, valued at $8,460,695.46. This represents a 2.12% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 44.70% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Deutsche Bank AG lifted its stake in shares of Columbia Sportswear by 3.7% during the 4th quarter. Deutsche Bank AG now owns 3,911 shares of the textile maker's stock valued at $328,000 after buying an additional 141 shares in the last quarter. Signaturefd LLC lifted its stake in shares of Columbia Sportswear by 18.4% during the 4th quarter. Signaturefd LLC now owns 915 shares of the textile maker's stock valued at $77,000 after buying an additional 142 shares in the last quarter. Cairn Investment Group Inc. lifted its stake in shares of Columbia Sportswear by 0.3% during the 4th quarter. Cairn Investment Group Inc. now owns 44,685 shares of the textile maker's stock valued at $3,750,000 after buying an additional 145 shares in the last quarter. Amalgamated Bank lifted its stake in shares of Columbia Sportswear by 1.0% during the 4th quarter. Amalgamated Bank now owns 15,337 shares of the textile maker's stock valued at $1,287,000 after buying an additional 146 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in shares of Columbia Sportswear by 184.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 299 shares of the textile maker's stock valued at $25,000 after buying an additional 194 shares in the last quarter. Hedge funds and other institutional investors own 47.76% of the company's stock.

About Columbia Sportswear

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.