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.
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Industry, Sector and Symbol
Industry Search & navigation equipment
Sub-IndustryConsumer Electronics
SectorComputer and Technology
Phone41-52-630-1600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.35 billion
Profitability
Miscellaneous
Employees13,000
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable
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 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date of this dividend 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, July, 31st. The scientific and technical instruments company reported $1.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.16. The scientific and technical instruments company had revenue of $955 million for the quarter, compared to analysts' expectations of $930.98 million. Garmin had a return on equity of 17.97% and a net margin of 21.32%. The company's revenue was up 6.8% on a year-over-year basis. During the same period last year, the company earned $0.99 EPS. View Garmin's Earnings History.
When is Garmin's next earnings date?
What guidance has Garmin issued on next quarter's earnings?
Garmin issued an update on its FY19 earnings guidance on Wednesday, July, 31st. The company provided earnings per share guidance of $3.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.72. The company issued revenue guidance of $3.6 billion, compared to the consensus revenue estimate of $3.54 billion.
What price target have analysts set for GRMN?
6 Wall Street analysts have issued 1-year price targets for Garmin's shares. Their forecasts range from $70.00 to $81.95. On average, they expect Garmin's stock price to reach $75.79 in the next twelve months. This suggests that the stock has a possible downside of 3.3%. 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?
Media headlines about GRMN stock have been trending positive on Saturday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 2.5 on InfoTrie's scale. They also assigned media stories about the scientific and technical instruments company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely 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?
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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.23%), BlackRock Inc. (6.03%), BlackRock Inc. (6.03%), Robeco Institutional Asset Management B.V. (1.04%), Northern Trust Corp (0.73%) and Janus Henderson Group PLC (0.67%). 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 Invesco Ltd., First Trust Advisors LP, Morgan Stanley, APG Asset Management N.V., Renaissance Technologies LLC, Kornitzer Capital Management Inc. KS, Charles Schwab Investment Management Inc. and Janus Henderson Group PLC. 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 BlackRock Inc., BlackRock Inc., Nuveen Asset Management LLC, Marshall Wace LLP, JPMorgan Chase & Co., Prudential PLC, AQR Capital Management LLC and Wells Fargo & Company MN. 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 $78.36.
How big of a company is Garmin?
Garmin has a market capitalization of $15.52 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?
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)
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.
