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. Stockholders of record on Monday, March 16th will be paid 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 2.26%. The ex-dividend date of this dividend is Friday, March 13th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) announced its quarterly earnings results 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 had revenue of $934.38 million for the quarter, compared to analysts' expectations of $869.02 million. Garmin had a return on equity of 18.73% and a net margin of 21.79%. The company's revenue for the quarter was up 15.4% on a year-over-year basis. During the same quarter last year, the business posted $1.00 EPS. 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.

Garmin updated 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 earnings per share estimate of $3.96. The company issued revenue guidance of approx $3.65 billion, compared to the consensus revenue estimate of $3.60 billion.

5 Wall Street analysts have issued 1 year target prices for Garmin's stock. Their forecasts range from $71.00 to $85.00. On average, they anticipate Garmin's stock price to reach $78.24 in the next twelve months. This suggests that the stock has a possible downside of 22.4%. 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 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.

News articles about GRMN stock have been trending very positive on Tuesday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. 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 media sentiment score of 4.0 on InfoTrie's scale. They also gave media stories about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Garmin.

Garmin saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 2,880,000 shares, a decrease of 14.8% from the December 15th total of 3,380,000 shares. Based on an average trading volume of 898,900 shares, the days-to-cover ratio is currently 3.2 days. Currently, 2.1% of the company's shares 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), General Electric (GE), Micron Technology (MU), Alibaba Group (BABA), Home Depot (HD), Visa (V) and Applied Materials (AMAT).

Garmin's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Hexavest Inc. (0.25%), Wedge Capital Management L L P NC (0.17%), PGGM Investments (0.08%), Scout Investments Inc. (0.04%), Contravisory Investment Management Inc. (0.04%) and Nisa Investment Advisors LLC (0.03%). 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, Hexavest Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Cerebellum GP LLC, State of Alaska Department of Revenue, Contravisory Investment Management Inc., Valicenti Advisory Services Inc. and Good Life Advisors LLC. 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 Wedge Capital Management L L P NC, Scout Investments Inc., HWG Holdings LP, City Holding Co., HBW Advisory Services LLC, Assenagon Asset Management S.A., Clear Street Markets LLC and Capital Investment Advisors LLC. 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 $100.85.

Garmin has a market capitalization of $19.98 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]