Topgolf Callaway Brands (CALY) 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: $14.50 to $14.99
• 50-Day Range: $13.26 to $17.51
• 52-Week Range: $6.39 to $18.00
• Volume: 1.75 million shs
• Average Volume: 2.97 million shs
• Market Capitalization: $2.66 billion
• P/E Ratio: 105.64
• Dividend Yield: N/A
• Price Target: $16.00
• Consensus Rating: Hold

Topgolf Callaway Brands Stock Analysis - MarketRank™

Topgolf Callaway Brands scored higher than 29% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Hold

Consensus Rating

Topgolf Callaway Brands has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 4 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Topgolf Callaway Brands is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Topgolf Callaway Brands has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 6.67%

Earnings Growth

Earnings for Topgolf Callaway Brands are expected to grow by 6.67% in the coming year, from $0.75 to $0.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Topgolf Callaway Brands is 105.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.76.

Price to Earnings Ratio vs. Sector

The P/E ratio of Topgolf Callaway Brands is 105.64, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 20.26.

Price to Book Value per Share Ratio

Topgolf Callaway Brands has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

3.65% 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 1.67, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Topgolf Callaway Brands has recently increased by 9.57%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

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.

Dividend Coverage

The dividend payout ratio of Topgolf Callaway Brands is 1,121.43%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Topgolf Callaway Brands will have a dividend payout ratio of 196.25% in the coming year. This indicates that Topgolf Callaway Brands may not be able to sustain their current dividend.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 2 news articles for Topgolf Callaway Brands this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for CALY on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

2 people have added Topgolf Callaway Brands to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Topgolf Callaway Brands insiders have not sold or bought any company stock.

Percentage Held by Insiders

2.91% 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.

Company Calendar

• Last Earnings: 5/07/2026
• Today: 6/06/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: LEISURE&REC PRD
• Sub-Industry: Recreation
• Current Symbol: NYSE:CALY
• Previous Symbol: NYSE:MODG
• CIK: 837465
• Web: www.callawaygolf.com
• Phone: (760) 931-1771
• Fax: 760-931-8013
• Employees: 28,000
• Year Founded: 2000

Price Target and Rating

• Average Price Target for Topgolf Callaway Brands: $16.00
• High Price Target: $17.00
• Low Price Target: $15.00
• Potential Upside/Downside: +8.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.14
• Trailing P/E Ratio: 105.64
• Forward P/E Ratio: 19.72
• P/E Growth: N/A
• Net Income: -$409.30 million
• Net Margins: 1.05%
• Pretax Margin: 3.37%
• Return on Equity: 4.44%
• Return on Assets: 1.59%

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 2.28
• Quick Ratio: 1.44

Sales & Book Value

• Annual Sales: $2.12 billion
• Price / Sales: 1.26
• Cash Flow: $0.49 per share
• Price / Cash Flow: 30.38
• Book Value: $11.25 per share
• Price / Book: 1.31

Miscellaneous

• Outstanding Shares: 179,758,000
• Free Float: 174,527,000
• Market Cap: $2.66 billion
• Optionable: Optionable
• Beta: 0.96