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

$79.79
-0.13 (-0.16 %)
(As of 06/17/2019 06:00 AM ET)
Today's Range
$79.78
Now: $79.79
$80.73
50-Day Range
$76.48
MA: $79.31
$85.80
52-Week Range
$59.39
Now: $79.79
$89.72
Volume641,680 shs
Average Volume1.03 million shs
Market Capitalization$15.80 billion
P/E Ratio21.62
Dividend Yield2.66%
Beta0.96
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$4.0217 per share
Book Value$21.02 per share

Profitability

Net Income$694.08 million

Miscellaneous

Employees13,000
Market Cap$15.80 billion
Next Earnings Date8/7/2019 (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 announced a quarterly dividend on Tuesday, June 11th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Friday, September 13th. View Garmin's Dividend History.

How were Garmin's earnings last quarter?

Garmin Ltd. (NASDAQ:GRMN) posted its earnings results on Wednesday, May, 1st. The scientific and technical instruments company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.71 by $0.02. The scientific and technical instruments company had revenue of $766 million for the quarter, compared to analysts' expectations of $733.26 million. Garmin had a net margin of 20.72% and a return on equity of 17.60%. The company's revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.68 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, August 7th 2019. View Earnings Estimates for Garmin.

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

Garmin updated its FY19 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of $3.70 for the period, compared to the Thomson Reuters consensus estimate of $3.75. The company issued revenue guidance of $3.5 billion, compared to the consensus revenue estimate of $3.53 billion.Garmin also updated its FY 2019 guidance to $3.70-3.70 EPS.

What price target have analysts set for GRMN?

6 analysts have issued twelve-month price objectives for Garmin's shares. Their predictions range from $70.00 to $81.95. On average, they anticipate Garmin's share price to reach $75.79 in the next year. This suggests that the stock has a possible downside of 5.0%. View Analyst Price Targets for Garmin.

What is the consensus analysts' recommendation for Garmin?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. There are currently 2 sell ratings, 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?

Headlines about GRMN stock have trended somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Garmin earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned news headlines about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. 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 Cisco Systems (CSCO), General Electric (GE), Verizon Communications (VZ), AT&T (T), Netflix (NFLX), Applied Materials (AMAT), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM) and JPMorgan Chase & Co. (JPM).

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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.61%), Robeco Institutional Asset Management B.V. (1.14%), Janus Henderson Group PLC (0.76%), Northern Trust Corp (0.69%), First Trust Advisors LP (0.57%) and California Public Employees Retirement System (0.40%). 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 institutional investors are selling Garmin stock?

GRMN stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., South Texas Money Management Ltd., Wedge Capital Management L L P NC, Teacher Retirement System of Texas, Canal Insurance CO, Kornitzer Capital Management Inc. KS and Cambridge Investment Research Advisors Inc.. Company insiders that have sold Garmin company stock in the last year include Clifton A Pemble, Min H Kao, Patrick Desbois, Philip Straub and Sean Biddlecombe. View Insider Buying and Selling for Garmin.

Which institutional investors are buying Garmin stock?

GRMN stock was bought by a variety of institutional investors in the last quarter, including Hexavest Inc., JPMorgan Chase & Co., First Trust Advisors LP, Los Angeles Capital Management & Equity Research Inc., State of Wisconsin Investment Board, Marshall Wace North America L.P., Jag Capital Management LLC and Assenagon Asset Management S.A.. 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, Scottrade, Fidelity and Charles Schwab.

What is Garmin's stock price today?

One share of GRMN stock can currently be purchased for approximately $79.79.

How big of a company is Garmin?

Garmin has a market capitalization of $15.80 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:  355 (Vote Outperform)
Underperform Votes:  629 (Vote Underperform)
Total Votes:  984
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 6/17/2019 by MarketBeat.com Staff

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