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. Investors of record on Friday, March 15th will be paid a dividend of $0.53 per share on Friday, March 29th. This represents a $2.12 annualized dividend and a dividend yield of 2.46%. The ex-dividend date is Thursday, March 14th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) issued its earnings results on Wednesday, February, 20th. The scientific and technical instruments company reported $1.02 earnings per share for the quarter, beating analysts' consensus estimates 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 return on equity of 17.67% and a net margin of 20.74%. The business's revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.79 EPS. 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 will be holding an earnings conference call on Wednesday, May 1st at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8557573897.

Garmin issued an update on its FY19 earnings guidance on Wednesday, February, 20th. The company provided earnings per share guidance of $3.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.52. 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 targets for Garmin's shares. Their predictions range from $70.00 to $81.95. On average, they anticipate Garmin's stock price to reach $73.2375 in the next twelve months. This suggests that the stock has a possible downside of 14.9%. 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 2 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garmin.

Media stories about GRMN stock have been trending somewhat negative on Tuesday, InfoTrie 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 positive five, with scores closest to five being the most favorable. Garmin earned a daily sentiment score of -1.6 on InfoTrie's scale. They also gave media coverage about the scientific and technical instruments company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future.

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 General Electric (GE), Cisco Systems (CSCO), Micron Technology (MU), Netflix (NFLX), AT&T (T), Verizon Communications (VZ), Applied Materials (AMAT), JPMorgan Chase & Co. (JPM), Intel (INTC) and QUALCOMM (QCOM).

Garmin's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.22%), Scout Investments Inc. (0.16%), Jag Capital Management LLC (0.07%), Denali Advisors LLC (0.06%), Denali Advisors LLC (0.05%) and Contravisory Investment Management Inc. (0.04%). 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., Denali Advisors LLC, Denali Advisors LLC, Nisa Investment Advisors LLC, Contravisory Investment Management Inc., Rockland Trust Co., Strs Ohio and State of Alaska Department of Revenue. Company insiders that have sold Garmin company stock in the last year include 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 bought by a variety of institutional investors in the last quarter, including Hexavest Inc., Jag Capital Management LLC, Pennsylvania Trust Co, Pennsylvania Trust Co, W.E. Donoghue & Co. LLC, Mercer Global Advisors Inc. ADV, First Citizens Bank & Trust Co. and Scout Investments Inc.. 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 $86.07.

Garmin has a market capitalization of $17.05 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]