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

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

Garmin announced a quarterly dividend on Friday, February 15th. Shareholders of record on Friday, March 15th will be given a dividend of $0.53 per share on Friday, March 29th. This represents a $2.12 annualized dividend and a yield of 2.73%. The ex-dividend date of this dividend is Thursday, March 14th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) released its quarterly earnings results on Wednesday, May, 1st. The scientific and technical instruments company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.02. The scientific and technical instruments company earned $766 million during the quarter, compared to analyst estimates of $733.26 million. Garmin had a return on equity of 17.60% and a net margin of 20.72%. The firm's revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.68 EPS. View Garmin's Earnings History.

Garmin is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Garmin.

Garmin issued an update on its FY19 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of $3.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.75. The company issued revenue guidance of $3.5 billion, compared to the consensus revenue estimate of $3.53 billion.Garmin also updated its FY 2019 guidance to $3.70-3.70 EPS.

4 analysts have issued 12 month price targets for Garmin's stock. Their predictions range from $70.00 to $81.95. On average, they anticipate Garmin's share price to reach $75.9875 in the next year. This suggests that the stock has a possible downside of 2.1%. View Analyst Price Targets for Garmin.

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

Press coverage about GRMN stock has been trending positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Garmin earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave press coverage about the scientific and technical instruments company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.

Some companies that are related to Garmin include Northrop Grumman (NOC), Raytheon (RTN), Harris (HRS), 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 Cisco Systems (CSCO), General Electric (GE), Verizon Communications (VZ), AT&T (T), Netflix (NFLX), Applied Materials (AMAT), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM) and JPMorgan Chase & Co. (JPM).

Garmin's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.61%), Robeco Institutional Asset Management B.V. (1.14%), Geode Capital Management LLC (1.05%), Janus Henderson Group PLC (0.76%), Dimensional Fund Advisors LP (0.71%) and Northern Trust 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 BlackRock Inc., Victory Capital Management Inc., South Texas Money Management Ltd., Geode Capital Management LLC, Wedge Capital Management L L P NC, Teacher Retirement System of Texas, Canal Insurance CO and Kornitzer Capital Management Inc. KS. Company insiders that have sold Garmin company stock in the last year include Clifton A Pemble, 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 Select Equity Group L.P., Renaissance Technologies LLC, Hexavest Inc., JPMorgan Chase & Co., First Trust Advisors LP, Morgan Stanley, Los Angeles Capital Management & Equity Research Inc. and State of Wisconsin Investment Board. 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 $77.65.

Garmin has a market capitalization of $15.38 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.

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]