NASDAQ:GRMN - Garmin Stock Price, News, & Analysis

Garmin trades on the NASDAQ under the ticker symbol "GRMN."

Garmin declared a quarterly dividend on Friday, June 8th. Stockholders of record on Friday, September 14th will be paid a dividend of $0.53 per share on Friday, September 28th. This represents a $2.12 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend is Thursday, September 13th. This is an increase from Garmin's previous quarterly dividend of $0.51. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) announced its earnings results on Wednesday, August, 1st. The scientific and technical instruments company reported $0.99 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.87 by $0.12. The scientific and technical instruments company had revenue of $894.50 million for the quarter, compared to analyst estimates of $844.76 million. Garmin had a net margin of 18.72% and a return on equity of 15.98%. The company's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.88 earnings per share. View Garmin's Earnings History.

Garmin is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Garmin.

Garmin issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share guidance of ~$3.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.13. The company issued revenue guidance of $3.3 billion, compared to the consensus revenue estimate of $3.23 billion.

6 analysts have issued 12-month price targets for Garmin's stock. Their predictions range from $57.00 to $75.00. On average, they anticipate Garmin's stock price to reach $62.50 in the next twelve months. This suggests that the stock has a possible downside of 10.3%. View Analyst Price Targets for Garmin.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garmin.

Some companies that are related to Garmin include Harris (HRS), Teledyne Technologies (TDY), FLIR Systems (FLIR), Telenav (TNAV), Coda Octopus Group (CODA), Applied Energetics (AERG) and PASSUR Aerospace (PSSR).

News stories about GRMN stock have been trending somewhat positive this week, Accern reports. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Garmin earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the scientific and technical instruments company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Garmin.

Garmin's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.60%), Robeco Institutional Asset Management B.V. (1.14%), Schroder Investment Management Group (0.86%), Schroder Investment Management Group (0.86%), Disciplined Growth Investors Inc. MN (0.80%) and Bank of New York Mellon Corp (0.71%). Company insiders that own Garmin stock include Andrew R Etkind, Charles Peffer, Clifton A Pemble, Danny J Bartel, Donald Eller, Jonathan Burrell, Min H Kao, Pao-Chang Huang, Patrick Desbois, Philip Straub and Sean Biddlecombe. View Institutional Ownership Trends for Garmin.

GRMN stock was sold by a variety of institutional investors in the last quarter, including Select Equity Group L.P., TD Asset Management Inc., Scout Investments Inc., First Trust Advisors LP, Northern Trust Corp, Carillon Tower Advisers Inc., Renaissance Technologies LLC and American Century Companies Inc.. Company insiders that have sold Garmin company stock in the last year include Andrew R Etkind, Charles Peffer, Clifton A Pemble, Danny J Bartel, Donald Eller, Jonathan Burrell, Min H Kao, Pao-Chang Huang, Patrick Desbois, Philip Straub and Sean Biddlecombe. View Insider Buying and Selling for Garmin.

GRMN stock was purchased by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Schroder Investment Management Group, Schroder Investment Management Group, Wells Fargo & Company MN, WBI Investments Inc., BlackRock Inc., WINTON GROUP Ltd and Janus Henderson Group PLC. View Insider Buying and Selling for Garmin.

Shares of GRMN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of GRMN stock can currently be purchased for approximately $69.71.

Garmin has a market capitalization of $13.66 billion and generates $3.09 billion in revenue each year. The scientific and technical instruments company earns $694.95 million in net income (profit) each year or $2.94 on an earnings per share basis. Garmin employs 12,300 workers across the globe.

Garmin's mailing address is MUHLENTALSTRASSE 2, SCHAFFHAUSEN V8, CH-8200. The scientific and technical instruments company can be reached via phone at 41-52-630-1600 or via email at [email protected]