NASDAQ:GRMN - Garmin Stock Price, Price Target & More

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

Garmin announced a quarterly dividend on Wednesday, February 21st. Stockholders of record on Monday, June 18th will be given a dividend of $0.53 per share on Friday, June 29th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date is Friday, June 15th. This is an increase from Garmin's previous quarterly dividend of $0.51. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) announced its quarterly earnings data on Wednesday, May, 2nd. The scientific and technical instruments company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.12. The scientific and technical instruments company had revenue of $711 million for the quarter, compared to analyst estimates of $670.71 million. Garmin had a net margin of 18.57% and a return on equity of 15.66%. The company's revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.52 earnings per share. View Garmin's Earnings History.

Garmin is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Garmin.

Garmin updated its FY18 earnings guidance on Wednesday, May, 2nd. The company provided EPS guidance of $3.05 for the period, compared to the Thomson Reuters consensus estimate of $3.08. The company issued revenue guidance of $3.2 billion, compared to the consensus revenue estimate of $3.20 billion.

7 equities research analysts have issued 12-month target prices for Garmin's stock. Their predictions range from $57.00 to $72.00. On average, they anticipate Garmin's stock price to reach $61.75 in the next twelve months. This suggests that the stock has a possible downside of 3.6%. View Analyst Ratings for Garmin.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Garmin include Harris (HRS), Teledyne Technologies (TDY), FLIR Systems (FLIR), Telenav (TNAV), Coda Octopus Group (CODA), Applied Energetics (AERG) and PASSUR Aerospace (PSSR).

News articles about GRMN stock have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Garmin earned a news sentiment score of 0.05 on Accern's scale. They also gave news coverage about the scientific and technical instruments company an impact score of 44.62 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Garmin's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BURRELL JONATHAN (13.80%), BURRELL JONATHAN (13.80%), BURRELL JONATHAN (13.80%), Bank of Montreal Can (0.12%), Scout Investments Inc. (0.08%) and Contravisory Investment Management Inc. (0.05%). 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 Scout Investments Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Bank of Montreal Can, Fox Run Management L.L.C., Rockland Trust Co., Steward Partners Investment Advisory LLC, Municipal Employees Retirement System of Michigan and Fjarde AP Fonden Fourth Swedish National Pension Fund. 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 acquired by a variety of institutional investors in the last quarter, including James Investment Research Inc., State of Alaska Department of Revenue, Calamos Advisors LLC, Clinton Group Inc., Contravisory Investment Management Inc., Stokes & Hubbell Capital Management LLC, Xact Kapitalforvaltning AB and Raymond James Trust N.A.. 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 $64.08.

Garmin has a market capitalization of $12.17 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.

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]