NASDAQ:GRMN - Garmin Stock Price, Forecast & News

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

Garmin declared a quarterly dividend on Wednesday, December 4th. Investors of record on Monday, March 16th will be given a dividend of $0.57 per share on Tuesday, March 31st. This represents a $2.28 annualized dividend and a yield of 2.35%. The ex-dividend date is Friday, March 13th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) released its quarterly earnings results on Wednesday, October, 30th. The scientific and technical instruments company reported $1.27 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.95 by $0.32. The scientific and technical instruments company had revenue of $934.38 million for the quarter, compared to analyst estimates of $869.02 million. Garmin had a return on equity of 18.73% and a net margin of 21.79%. The company's revenue was up 15.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.00 EPS. View Garmin's Earnings History.

Garmin is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Garmin.

Garmin issued an update on its FY19 earnings guidance on Wednesday, October, 30th. The company provided earnings per share guidance of approx $4.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.96. The company issued revenue guidance of approx $3.65 billion, compared to the consensus revenue estimate of $3.60 billion.

5 Wall Street analysts have issued 12-month price objectives for Garmin's shares. Their forecasts range from $71.00 to $85.00. On average, they expect Garmin's share price to reach $78.24 in the next twelve months. This suggests that the stock has a possible downside of 19.3%. View Analyst Price Targets for Garmin.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garmin.

Media stories about GRMN stock have been trending somewhat negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Garmin earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave press coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Garmin.

Some companies that are related to Garmin include Raytheon (RTN), Northrop Grumman (NOC), L3Harris (LHX), Teledyne Technologies (TDY), FLIR Systems (FLIR), Telenav (TNAV), Coda Octopus Group (CODA), Applied Energetics (AERG) and PASSUR Aerospace (PSSR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Garmin investors own include AT&T (T), NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), Micron Technology (MU), Netflix (NFLX), Home Depot (HD), QUALCOMM (QCOM), Alibaba Group (BABA) and General Electric (GE).

Garmin's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (3.16%), Robeco Institutional Asset Management B.V. (0.97%), Disciplined Growth Investors Inc. MN (0.77%), Select Equity Group L.P. (0.73%), First Trust Advisors LP (0.68%) and California Public Employees Retirement System (0.51%). Company insiders that own Garmin stock include Andrew R Etkind, Charles Peffer, Clifton A Pemble, Danny J Bartel, Donald Eller, 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 Millennium Management LLC, Robeco Institutional Asset Management B.V., Teacher Retirement System of Texas, Stifel Financial Corp, Russell Investments Group Ltd., Boston Advisors LLC, Assenagon Asset Management S.A. and Voloridge Investment Management LLC. Company insiders that have sold Garmin company stock in the last year include Clifton A Pemble, Min H Kao, Patrick Desbois and Sean Biddlecombe. View Insider Buying and Selling for Garmin.

GRMN stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Select Equity Group L.P., State Street Corp, Squarepoint Ops LLC, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Banco Santander S.A. and Hexavest Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of GRMN stock can currently be purchased for approximately $96.98.

Garmin has a market capitalization of $19.21 billion and generates $3.35 billion in revenue each year. The scientific and technical instruments company earns $694.08 million in net income (profit) each year or $3.69 on an earnings per share basis. Garmin employs 13,000 workers across the globe.View Additional Information About Garmin.

The official website for Garmin is http://www.garmin.com/.

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]