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

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

Garmin declared a quarterly dividend on Friday, June 8th. Shareholders of record on Friday, September 14th will be paid a dividend of $0.53 per share on Friday, September 28th. This represents a $2.12 annualized dividend and a dividend yield of 3.26%. The ex-dividend date of this dividend is Thursday, September 13th. This is an increase from Garmin's previous quarterly dividend of $0.51. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) posted its quarterly earnings results on Wednesday, October, 31st. The scientific and technical instruments company reported $1.00 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.76 by $0.24. The scientific and technical instruments company had revenue of $810.01 million for the quarter, compared to the consensus estimate of $784.06 million. Garmin had a net margin of 19.45% and a return on equity of 16.95%. The business's revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 EPS. View Garmin's Earnings History.

Garmin is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Garmin.

Garmin issued an update on its FY18 earnings guidance on Wednesday, October, 31st. The company provided earnings per share guidance of approx $3.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.31. The company issued revenue guidance of approx $3.30 billion, compared to the consensus revenue estimate of $3.30 billion.Garmin also updated its FY 2018 guidance to $3.45-3.45 EPS.

6 brokerages have issued 12-month target prices for Garmin's shares. Their forecasts range from $58.00 to $77.00. On average, they anticipate Garmin's share price to reach $68.00 in the next twelve months. This suggests a possible upside of 4.4% from the stock's current price. View Analyst Price Targets for Garmin.

6 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garmin.

Media headlines about GRMN stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. 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 news impact score of 1.1 on InfoTrie's scale. They also gave news articles about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.

Garmin saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 7,654,246 shares, a decrease of 18.9% from the October 15th total of 9,440,658 shares. Based on an average daily volume of 1,345,329 shares, the days-to-cover ratio is presently 5.7 days. Currently, 6.2% of the company's stock are sold short. View Garmin's Current Options Chain.

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).

Garmin's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.08%), Robeco Institutional Asset Management B.V. (1.09%), Robeco Institutional Asset Management B.V. (1.09%), Disciplined Growth Investors Inc. MN (0.82%), Schroder Investment Management Group (0.81%) 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 JPMorgan Chase & Co., JPMorgan Chase & Co., Renaissance Technologies LLC, Deutsche Bank AG, Mitsubishi UFJ Trust & Banking Corp, Alliancebernstein L.P., WINTON GROUP Ltd and Schroder Investment Management Group. Company insiders that have sold Garmin company stock in the last year 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 Insider Buying and Selling for Garmin.

GRMN stock was purchased by a variety of institutional investors in the last quarter, including Skandinaviska Enskilda Banken AB publ, BlackRock Inc., Wedge Capital Management L L P NC, Select Equity Group L.P., Morgan Stanley, Wells Fargo & Company MN, Bowen Hanes & Co. Inc. and Victory Capital 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, Scottrade, Fidelity and Charles Schwab.

One share of GRMN stock can currently be purchased for approximately $65.12.

Garmin has a market capitalization of $12.75 billion and generates $3.09 billion in revenue each year. The scientific and technical instruments company earns $694.95 million in net income (profit) each year or $2.94 on an earnings per share basis. Garmin employs 12,300 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]