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

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

Garmin announced a quarterly dividend on Friday, February 15th. Investors of record on Friday, March 15th will be given a dividend of $0.53 per share on Friday, March 29th. This represents a $2.12 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend is Thursday, March 14th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) announced its earnings results on Wednesday, February, 20th. The scientific and technical instruments company reported $1.02 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.80 by $0.22. The scientific and technical instruments company earned $932.11 million during the quarter, compared to analyst estimates of $893.14 million. Garmin had a return on equity of 17.67% and a net margin of 20.74%. The business's revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.79 EPS. View Garmin's Earnings History.

Garmin is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Garmin.

Garmin updated its FY19 earnings guidance on Wednesday, February, 20th. The company provided earnings per share (EPS) guidance of $3.70 for the period, compared to the Thomson Reuters consensus estimate of $3.52. The company issued revenue guidance of $3.50 billion, compared to the consensus revenue estimate of $3.43 billion.Garmin also updated its FY 2019 guidance to $3.70-3.70 EPS.

4 analysts have issued 1-year price objectives for Garmin's stock. Their predictions range from $70.00 to $81.95. On average, they expect Garmin's share price to reach $73.2375 in the next year. This suggests that the stock has a possible downside of 12.5%. View Analyst Price Targets for Garmin.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garmin.

News stories about GRMN stock have been trending positive this week, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Garmin earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned news articles about the scientific and technical instruments company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next few days.

Some companies that are related to Garmin include Raytheon (RTN), Northrop Grumman (NOC), Harris (HRS), 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 Cisco Systems (CSCO), General Electric (GE), Netflix (NFLX), AT&T (T), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), QUALCOMM (QCOM), Micron Technology (MU), Wells Fargo & Co (WFC) and NVIDIA (NVDA).

Garmin's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.51%), Geode Capital Management LLC (1.13%), Robeco Institutional Asset Management B.V. (1.10%), Oregon Public Employees Retirement Fund (0.80%), Dimensional Fund Advisors LP (0.71%) and Bank of New York Mellon Corp (0.69%). 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.

GRMN stock was sold by a variety of institutional investors in the last quarter, including South Texas Money Management Ltd., Bank of Montreal Can, State of Tennessee Treasury Department, Mackenzie Financial Corp, Stevens Capital Management LP, Royal London Asset Management Ltd., Voloridge Investment Management LLC and Kornitzer Capital Management Inc. KS. Company insiders that have sold Garmin company stock in the last year include Clifton A Pemble, Danny J Bartel, Donald Eller, Min H Kao, Pao-Chang Huang, Patrick Desbois, Philip Straub 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 Oregon Public Employees Retirement Fund, Norges Bank, BlackRock Inc., Squarepoint Ops LLC, D. E. Shaw & Co. Inc., First Trust Advisors LP, Two Sigma Investments LP and California Public Employees Retirement System. 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, Scottrade, Fidelity and Charles Schwab.

One share of GRMN stock can currently be purchased for approximately $83.68.

Garmin has a market capitalization of $16.58 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.

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]