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. Investors of record on Monday, March 16th will be given 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 2.24%. The ex-dividend date is Friday, March 13th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) issued its earnings results on Wednesday, October, 30th. The scientific and technical instruments company reported $1.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.95 by $0.32. The scientific and technical instruments company earned $934.38 million during the quarter, compared to the consensus estimate of $869.02 million. Garmin had a net margin of 21.79% and a return on equity of 18.73%. The business's revenue was up 15.4% on a year-over-year basis. During the same period last year, the company 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 issued an update on 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 brokerages have issued twelve-month target prices for Garmin's stock. Their forecasts range from $75.00 to $100.00. On average, they anticipate Garmin's stock price to reach $85.49 in the next year. This suggests that the stock has a possible downside of 16.1%. 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 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garmin.

News headlines about GRMN stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Garmin earned a news impact score of 0.8 on InfoTrie's scale. They also gave news headlines about the scientific and technical instruments company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the next few days. View News Stories for Garmin.

Garmin saw a decline in short interest in January. As of January 15th, there was short interest totalling 2,880,000 shares, a decline of 14.8% from the December 31st total of 3,380,000 shares. Based on an average daily trading volume, of 884,600 shares, the days-to-cover ratio is currently 3.3 days. Approximately 2.1% of the company's shares are short sold. 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), NVIDIA (NVDA), Verizon Communications (VZ), Cisco Systems (CSCO), Micron Technology (MU), Alibaba Group (BABA), General Electric (GE), Home Depot (HD), Netflix (NFLX) and Intel (INTC).

Garmin's stock is owned by many different of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.51%), M&G Investment Management Ltd. (0.34%), Hexavest Inc. (0.25%), Wedge Capital Management L L P NC (0.17%), Virginia Retirement Systems ET AL (0.11%) and Jag Capital Management LLC (0.08%). 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., Virginia Retirement Systems ET AL, Zurcher Kantonalbank Zurich Cantonalbank, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Summit Financial Wealth Advisors LLC, Institute for Wealth Management LLC. and Cerebellum GP LLC. 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 bought by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., Wedge Capital Management L L P NC, Scout Investments Inc., Wakefield Asset Management LLLP, HWG Holdings LP, City Holding Co., California Public Employees Retirement System and Strs Ohio. 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 $101.92.

Garmin has a market capitalization of $20.19 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]