NASDAQ:GRMN - Garmin Stock Price, Forecast & News

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

Garmin declared 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 2.30%. The ex-dividend date of this dividend is Friday, March 13th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) issued its quarterly earnings results on Wednesday, October, 30th. The scientific and technical instruments company reported $1.27 earnings per share for the quarter, beating the Thomson Reuters' 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 the consensus estimate of $869.02 million. Garmin had a return on equity of 18.73% and a net margin of 21.79%. The business's quarterly revenue was up 15.4% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 earnings per share 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 brokers have issued 12 month 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.

Headlines about GRMN stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Garmin earned a news sentiment score of -5.0 on InfoTrie's scale. They also assigned news articles about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Garmin.

Garmin saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 2,880,000 shares, a decline 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 presently 3.2 days. Approximately 2.1% of the company's shares are sold short. 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 many different of institutional and retail 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 acquired 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]