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. Shareholders 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 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend is Friday, March 13th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) announced its earnings results on Wednesday, October, 30th. The scientific and technical instruments company reported $1.27 EPS for the quarter, beating 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 analyst estimates of $869.02 million. Garmin had a net margin of 21.79% and a return on equity of 18.73%. The firm's revenue for the quarter was up 15.4% on a year-over-year basis. During the same period last year, the company 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 issued an update on 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 EPS 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 analysts have issued 1-year target prices for Garmin's stock. Their forecasts range from $71.00 to $85.00. On average, they expect Garmin's stock price to reach $78.24 in the next twelve months. This suggests that the stock has a possible downside of 21.0%. 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.

Media headlines about GRMN stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. 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 companies on a scale of -5 to 5, with scores closest to five being the most favorable. Garmin earned a coverage optimism score of -3.6 on InfoTrie's scale. They also gave headlines about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Garmin.

Garmin saw a decrease in short interest in 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 daily trading volume, of 898,900 shares, the short-interest ratio is presently 3.2 days. Approximately 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), NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), General Electric (GE), Micron Technology (MU), Alibaba Group (BABA), Home Depot (HD), Visa (V) and Intel (INTC).

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., Good Life Advisors LLC and Raymond James Trust N.A.. 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 purchased 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 IBM Retirement Fund. 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 $99.04.

Garmin has a market capitalization of $19.62 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]