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. Shareholders 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 annualized dividend and a dividend yield of 2.29%. The ex-dividend date is Friday, March 13th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) posted its earnings results on Wednesday, October, 30th. The scientific and technical instruments company reported $1.27 earnings per share (EPS) for the quarter, topping the Zacks' 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 net margin of 21.79% and a return on equity of 18.73%. The company's revenue was up 15.4% compared to the same quarter last year. During the same period in the prior year, the company earned $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 (EPS) 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 analysts have issued 1 year price objectives for Garmin's shares. Their forecasts range from $71.00 to $85.00. On average, they expect Garmin's share price to reach $78.24 in the next twelve months. This suggests that the stock has a possible downside of 21.4%. 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.

News coverage about GRMN stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news 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 nearest to five being the most favorable. Garmin earned a daily sentiment score of -4.5 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, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Garmin.

Garmin saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 2,880,000 shares, a drop of 14.8% from the December 15th total of 3,380,000 shares. Based on an average daily volume of 898,900 shares, the short-interest ratio is currently 3.2 days. Currently, 2.1% of the shares of the company are short sold. View Garmin's Current Options Chain.

Some companies that are related to Garmin include Northrop Grumman (NOC), Raytheon (RTN), 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 a number of of retail and institutional investors. Top institutional shareholders include Hexavest Inc. (0.25%), Wedge Capital Management L L P NC (0.17%), PGGM Investments (0.08%), Zurcher Kantonalbank Zurich Cantonalbank (0.05%), Scout Investments Inc. (0.04%) 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, 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., Zurcher Kantonalbank Zurich Cantonalbank, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Cerebellum GP LLC, State of Alaska Department of Revenue, Contravisory Investment Management Inc. and Valicenti Advisory Services Inc.. 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 purchased 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., Strs Ohio, Janney Montgomery Scott LLC, HBW Advisory Services LLC and Ambassador Advisors 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, Robinhood, Fidelity and Charles Schwab.

One share of GRMN stock can currently be purchased for approximately $99.59.

Garmin has a market capitalization of $19.73 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]