Zacks Research Has Pessimistic Outlook of COLM Q3 Earnings

Key Points

• Zacks Research cut its Q3 2026 EPS forecast for Columbia Sportswear to $1.25 from $1.55 and maintained a “Hold” rating. The estimate is within the company’s Q3 guidance range of $1.15–$1.35.
• Analyst sentiment remains mixed, with ratings ranging from “strong buy” to “sell”; the stock has an average “Hold” rating and a consensus price target of $65.40.
• Columbia Sportswear recently reported quarterly EPS of $0.52, exceeding estimates, while revenue rose 1.5% year over year to $614.36 million. The company also declared a $0.30 quarterly dividend, equating to a 2.0% yield.

Columbia Sportswear Company (NASDAQ:COLM - Free Report) - Investment analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for Columbia Sportswear in a research note issued to investors on Thursday, August 20th. Zacks Research analyst Team now anticipates that the textile maker will earn $1.25 per share for the quarter, down from their previous forecast of $1.55. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Columbia Sportswear's current full-year earnings is $3.58 per share. Zacks Research also issued estimates for Columbia Sportswear's Q2 2028 earnings at $0.46 EPS.

A number of other brokerages have also recently commented on COLM. Wall Street Zen upgraded shares of Columbia Sportswear from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 8th. Stifel Nicolaus set a $67.00 price target on shares of Columbia Sportswear and gave the company a "buy" rating in a research report on Friday, July 31st. Citigroup reaffirmed a "neutral" rating and set a $68.00 price objective (up from $67.00) on shares of Columbia Sportswear in a research note on Wednesday, July 22nd. BTIG Research reiterated a "buy" rating and issued a $80.00 price objective on shares of Columbia Sportswear in a report on Friday, July 31st. Finally, UBS Group reiterated a "sell" rating and issued a $47.00 price objective (up from $44.00) on shares of Columbia Sportswear in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $65.40.

Columbia Sportswear Stock Performance

Shares of Columbia Sportswear stock opened at $60.33 on Monday. Columbia Sportswear has a 52-week low of $47.47 and a 52-week high of $69.06. The company has a fifty day moving average of $61.85 and a 200-day moving average of $60.86. The stock has a market capitalization of $3.09 billion, a price-to-earnings ratio of 15.67 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The textile maker reported $0.52 EPS for the quarter, beating analysts' consensus estimates of ($0.39) by $0.91. The business had revenue of $614.36 million for the quarter, compared to analysts' expectations of $606.97 million. Columbia Sportswear had a net margin of 6.05% and a return on equity of 11.20%. The business's quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the business earned ($0.19) earnings per share. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS.

Institutional Trading of Columbia Sportswear

Institutional investors have recently modified their holdings of the company. Millennium Management LLC increased its holdings in Columbia Sportswear by 24.6% during the 1st quarter. Millennium Management LLC now owns 142,956 shares of the textile maker's stock valued at $10,820,000 after purchasing an additional 28,269 shares during the period. Jones Financial Companies Lllp lifted its holdings in Columbia Sportswear by 208.3% in the 1st quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker's stock worth $42,000 after buying an additional 375 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Columbia Sportswear by 2.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker's stock worth $8,675,000 after buying an additional 2,680 shares during the period. Jane Street Group LLC lifted its holdings in Columbia Sportswear by 125.0% in the 1st quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker's stock worth $8,727,000 after buying an additional 64,046 shares during the period. Finally, Prudential Financial Inc. grew its position in shares of Columbia Sportswear by 11.7% in the 2nd quarter. Prudential Financial Inc. now owns 3,333 shares of the textile maker's stock worth $204,000 after buying an additional 350 shares during the last quarter. 47.76% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Columbia Sportswear news, Director Ronald E. Nelson sold 4,080 shares of the firm's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $67.78, for a total value of $276,542.40. Following the sale, the director owned 22,789 shares of the company's stock, valued at $1,544,638.42. This trade represents a 15.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephen E. Babson sold 4,150 shares of the firm's stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $67.95, for a total transaction of $281,992.50. Following the completion of the sale, the director directly owned 132,376 shares in the company, valued at approximately $8,994,949.20. This trade represents a 3.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 51.90% of the company's stock.

Columbia Sportswear Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, August 20th. Columbia Sportswear's payout ratio is presently 31.17%.

Columbia Sportswear Company Profile

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.

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