Columbia Sportswear - COLM Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Columbia Sportswear in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" COLM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COLM, but not buy additional shares or sell existing shares.
View COLM analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 12-month price targets for Columbia Sportswear's shares. Their COLM share price forecasts range from $80.00 to $97.00. On average, they anticipate the company's stock price to reach $86.43 in the next year. This suggests that the stock has a possible downside of 7.6%.
View analysts price targets for COLM or view top-rated stocks among Wall Street analysts.

Columbia Sportswear's stock was trading at $87.58 at the start of the year. Since then, COLM stock has increased by 6.7% and is now trading at $93.49.
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Columbia Sportswear saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 927,300 shares, an increase of 11.9% from the December 31st total of 828,900 shares. Based on an average trading volume of 331,300 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.6% of the company's stock are sold short.
View Columbia Sportswear's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our COLM earnings forecast.

Columbia Sportswear (NASDAQ:COLM) released its quarterly earnings data on Thursday, February, 2nd. The textile maker reported $2.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.28 by $0.17. The textile maker had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.16 billion. Columbia Sportswear had a net margin of 8.99% and a trailing twelve-month return on equity of 18.91%. The firm's quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.39 EPS.

Columbia Sportswear announced a quarterly dividend on Thursday, February 2nd. Shareholders of record on Friday, March 10th will be given a dividend of $0.30 per share on Tuesday, March 21st. This represents a $1.20 dividend on an annualized basis and a yield of 1.28%.
Read our dividend analysis for COLM.

Columbia Sportswear (NASDAQ:COLM) pays an annual dividend of $1.20 per share and currently has a dividend yield of 1.25%. The dividend payout ratio is 24.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COLM will have a dividend payout ratio of 18.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COLM.

Columbia Sportswear's stock split before market open on Monday, September 29th 2014. The 2-1 split was announced on Thursday, July 24th 2014. The newly issued shares were distributed to shareholders after the closing bell on Friday, September 26th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Columbia Sportswear declared that its board has approved a stock buyback program on Thursday, February 4th 2021, which permits the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Columbia Sportswear issued an update on its FY 2023 earnings guidance on Thursday, February, 2nd. The company provided earnings per share (EPS) guidance of $5.15-$5.55 for the period, compared to the consensus EPS estimate of $5.59. The company issued revenue guidance of $3.57 billion-$3.67 billion, compared to the consensus revenue estimate of $3.61 billion.

389 employees have rated Columbia Sportswear Chief Executive Officer Tim Boyle on Glassdoor.com. Tim Boyle has an approval rating of 89% among the company's employees. 67.0% of employees surveyed would recommend working at Columbia Sportswear to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Columbia Sportswear investors own include Intel (INTC), NIKE (NKE), Netflix (NFLX), AbbVie (ABBV), Cisco Systems (CSCO), Salesforce (CRM), Walt Disney (DIS), QUALCOMM (QCOM), AT&T (T) and Caterpillar (CAT).

Columbia Sportswear trades on the NASDAQ under the ticker symbol "COLM."

Columbia Sportswear's stock is owned by a variety of institutional and retail investors. Top institutional investors include Boston Trust Walden Corp (1.42%), Leeward Investments LLC MA (0.24%), New York State Common Retirement Fund (0.21%), M&G Investment Management Ltd. (0.09%), Natixis Advisors L.P. (0.07%) and Comerica Bank (0.06%). Insiders that own company stock include Douglas H Morse, Franco Fogliato, Gertrude Boyle Trust, Jim A Swanson, Joseph P Boyle, Lisa Kulok, Peter J Bragdon, Ronald E Nelson, Sarah Bany, Stephen E Babson, Thomas B Cusick and Walter Klenz.
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Shares of COLM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of COLM stock can currently be purchased for approximately $93.49.

Columbia Sportswear (NASDAQ:COLM) has a market capitalization of $5.81 billion and generates $3.46 billion in revenue each year. The textile maker earns $354.11 million in net income (profit) each year or $4.96 on an earnings per share basis.

The company employs 8,325 workers across the globe.

Columbia Sportswear's mailing address is 14375 NORTHWEST SCIENCE PARK DRIVE, PORTLAND OR, 97229. The official website for the company is www.columbia.com. The textile maker can be reached via phone at (503) 985-4000, via email at aburns@columbia.com, or via fax at 503-289-6602.