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Garmin Stock Price, Forecast & Analysis (NASDAQ:GRMN)

$95.65
-1.10 (-1.14 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$95.56
Now: $95.65
$96.73
50-Day Range
$82.70
MA: $88.87
$96.47
52-Week Range
$59.98
Now: $95.65
$97.60
Volume939,600 shs
Average Volume1.11 million shs
Market Capitalization$18.95 billion
P/E Ratio25.92
Dividend Yield2.38%
Beta0.91
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide. It operates through five segments: Auto, Aviation, Marine, Outdoor, and Fitness. The Auto segment offers personal navigation devices; infotainment systems; and action cameras, as well as mobile applications under the Garmin and NAVIGON names. Read More…

Industry, Sector and Symbol

Industry Search & navigation equipment
Sub-IndustryConsumer Electronics
SectorComputer and Technology
Current SymbolNASDAQ:GRMN
CUSIPH2906T10
Phone41-52-630-1600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.35 billion
Cash Flow$4.01 per share
Book Value$22.12 per share

Profitability

Net Income$694.08 million

Miscellaneous

Employees13,000
Market Cap$18.95 billion
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable

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Garmin (NASDAQ:GRMN) Frequently Asked Questions

What is Garmin's stock symbol?

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

How often does Garmin pay dividends? What is the dividend yield for Garmin?

Garmin declared a quarterly dividend on Tuesday, June 11th. Investors of record on Monday, September 16th will be paid a dividend of $0.57 per share on Monday, September 30th. This represents a $2.28 annualized dividend and a yield of 2.38%. The ex-dividend date is Friday, September 13th. View Garmin's Dividend History.

How were Garmin's earnings last quarter?

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

When is Garmin's next earnings date?

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

What guidance has Garmin issued on next quarter's earnings?

Garmin issued an update on its FY19 earnings guidance on Wednesday, October, 30th. The company provided EPS 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.

What price target have analysts set for GRMN?

5 analysts have issued 1 year target prices for Garmin's shares. Their forecasts range from $71.00 to $85.00. On average, they expect Garmin's stock price to reach $78.24 in the next twelve months. This suggests that the stock has a possible downside of 18.2%. View Analyst Price Targets for Garmin.

What is the consensus analysts' recommendation 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.

Has Garmin been receiving favorable news coverage?

News headlines about GRMN stock have been trending neutral on Saturday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Garmin earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned news articles about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Garmin.

Who are some of Garmin's key competitors?

What other stocks do shareholders of Garmin own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Garmin investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), Micron Technology (MU), General Electric (GE), Netflix (NFLX), Walt Disney (DIS), NVIDIA (NVDA), Broadcom (AVGO) and Intel (INTC).

Who are Garmin's key executives?

Garmin's management team includes the folowing people:
  • Dr. Min-Hwan Kao, Co-Founder & Exec. Chairman (Age 70)
  • Mr. Clifton Albert Pemble, Pres, CEO & Director (Age 53)
  • Mr. Douglas Gerard Boessen, CFO, Principal Accounting Officer & Treasurer (Age 56)
  • Mr. Andrew R. Etkind, VP, Gen. Counsel & Sec. (Age 63)
  • Mr. Gary L. Burrell, Chairman Emeritus (Age 81)

Who are Garmin's major shareholders?

Garmin's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.97%), First Trust Advisors LP (0.68%), California Public Employees Retirement System (0.51%), Hexavest Inc. (0.26%), Teacher Retirement System of Texas (0.18%) and Rhumbline Advisers (0.12%). 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.

Which major investors are selling Garmin stock?

GRMN stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Teacher Retirement System of Texas, Russell Investments Group Ltd., Boston Advisors LLC, Assenagon Asset Management S.A., Great West Life Assurance Co. Can, Denali Advisors LLC and Kornitzer Capital Management Inc. KS. 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.

Which major investors are buying Garmin stock?

GRMN stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Banco Santander S.A., Hexavest Inc., Janney Montgomery Scott LLC, Rhumbline Advisers and Sciencast Management LP. View Insider Buying and Selling for Garmin.

How do I buy shares of 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.

What is Garmin's stock price today?

One share of GRMN stock can currently be purchased for approximately $95.65.

How big of a company is Garmin?

Garmin has a market capitalization of $18.95 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.

What is Garmin's official website?

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

How can I contact Garmin?

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]


MarketBeat Community Rating for Garmin (NASDAQ GRMN)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  379 (Vote Outperform)
Underperform Votes:  657 (Vote Underperform)
Total Votes:  1,036
MarketBeat's community ratings are surveys of what our community members think about Garmin and other stocks. Vote "Outperform" if you believe GRMN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GRMN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2019 by MarketBeat.com Staff

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