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

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

Garmin announced a quarterly dividend on Friday, June 8th. Stockholders of record on Friday, December 14th will be paid a dividend of $0.53 per share on Monday, December 31st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date of this dividend is Thursday, December 13th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) announced its quarterly earnings results on Wednesday, February, 20th. The scientific and technical instruments company reported $1.02 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.80 by $0.22. The scientific and technical instruments company had revenue of $932.11 million for the quarter, compared to analyst estimates of $893.14 million. Garmin had a net margin of 20.74% and a return on equity of 17.67%. The business's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.79 earnings per share. View Garmin's Earnings History.

Garmin is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Garmin.

Garmin issued an update on its FY19 earnings guidance on Wednesday, February, 20th. The company provided EPS guidance of $3.70 for the period, compared to the Thomson Reuters consensus estimate of $3.52. The company issued revenue guidance of $3.50 billion, compared to the consensus revenue estimate of $3.43 billion.Garmin also updated its FY 2019 guidance to $3.70-3.70 EPS.

4 Wall Street analysts have issued 1-year price objectives for Garmin's shares. Their forecasts range from $70.00 to $81.95. On average, they expect Garmin's stock price to reach $73.9833 in the next year. This suggests that the stock has a possible downside of 10.9%. 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 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garmin.

News coverage about GRMN stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. 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 media sentiment score of 1.7 on InfoTrie's scale. They also assigned news articles about the scientific and technical instruments company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Garmin investors own include Cisco Systems (CSCO), General Electric (GE), AT&T (T), JPMorgan Chase & Co. (JPM), Netflix (NFLX), Verizon Communications (VZ), Wells Fargo & Co (WFC), Micron Technology (MU), Intel (INTC) and Applied Materials (AMAT).

Garmin's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.51%), Geode Capital Management LLC (1.13%), Robeco Institutional Asset Management B.V. (1.10%), Oregon Public Employees Retirement Fund (0.80%), Dimensional Fund Advisors LP (0.71%) 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 South Texas Money Management Ltd., Bank of Montreal Can, State of Tennessee Treasury Department, Mackenzie Financial Corp, Stevens Capital Management LP, Royal London Asset Management Ltd., Voloridge Investment Management LLC and Kornitzer Capital Management Inc. KS. 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, 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 Oregon Public Employees Retirement Fund, BlackRock Inc., Squarepoint Ops LLC, D. E. Shaw & Co. Inc., First Trust Advisors LP, Two Sigma Investments LP, California Public Employees Retirement System and Gotham Asset Management LLC. 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 $83.07.

Garmin has a market capitalization of $16.45 billion and generates $3.35 billion in revenue each year. The scientific and technical instruments company earns $694.95 million in net income (profit) each year or $3.69 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]