NASDAQ:GRMN - Garmin Stock Price, Forecast & News

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

Garmin announced 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 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date of this dividend is Friday, March 13th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) announced 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 Thomson Reuters' 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 firm's revenue was up 15.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.00 earnings per share. 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 will be holding an earnings conference call on Wednesday, February 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 equities research analysts have issued 1-year price targets for Garmin's shares. Their forecasts range from $75.00 to $100.00. On average, they expect Garmin's share price to reach $85.49 in the next twelve months. This suggests that the stock has a possible downside of 12.2%. 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 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garmin.

News articles about GRMN stock have trended neutral on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring 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 nearest to five being the most favorable. Garmin earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave media headlines about the scientific and technical instruments company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the near term. View News Stories for Garmin.

Garmin saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 2,880,000 shares, a drop of 14.8% from the December 31st total of 3,380,000 shares. Based on an average trading volume of 884,600 shares, the short-interest ratio is currently 3.3 days. Approximately 2.1% of the shares of the company are short sold. View Garmin's Current Options Chain.

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), Verizon Communications (VZ), NVIDIA (NVDA), Cisco Systems (CSCO), Micron Technology (MU), QUALCOMM (QCOM), General Electric (GE), Home Depot (HD), Intel (INTC) and Alibaba Group (BABA).

Garmin's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.14%), Robeco Institutional Asset Management B.V. (0.96%), Janus Henderson Group PLC (0.85%), First Trust Advisors LP (0.67%), AQR Capital Management LLC (0.62%) and Bank of New York Mellon Corp (0.62%). 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 PGGM Investments, AQR Capital Management LLC, Principal Financial Group Inc., Schroder Investment Management Group, Renaissance Technologies LLC, Cubist Systematic Strategies LLC, DekaBank Deutsche Girozentrale and Man 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.

GRMN stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, M&G Investment Management Ltd., Janus Henderson Group PLC, Wedge Capital Management L L P NC, Envestnet Asset Management Inc., Victory Capital Management Inc., Marshall Wace LLP and Charles Schwab Investment Management 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 $97.34.

Garmin has a market capitalization of $19.28 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]