Garmin Stock Price, News & Analysis (NASDAQ:GRMN)

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

Garmin announced a quarterly dividend on Tuesday, June 11th. Investors of record on Monday, September 16th will be paid a dividend of $0.57 per share on Monday, September 30th. This represents a $2.28 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend is Friday, September 13th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) announced its quarterly earnings data on Wednesday, July, 31st. The scientific and technical instruments company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.16. The scientific and technical instruments company earned $955 million during the quarter, compared to the consensus estimate of $930.98 million. Garmin had a net margin of 21.32% and a return on equity of 17.97%. The company's quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.99 EPS. View Garmin's Earnings History.

Garmin is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Garmin.

Garmin updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided earnings per share (EPS) guidance of $3.90 for the period, compared to the Thomson Reuters consensus estimate of $3.72. The company issued revenue guidance of $3.6 billion, compared to the consensus revenue estimate of $3.54 billion.

6 brokerages have issued 12 month price targets for Garmin's stock. Their forecasts range from $70.00 to $81.95. On average, they anticipate Garmin's share price to reach $75.79 in the next twelve months. This suggests that the stock has a possible downside of 11.3%. View Analyst Price Targets for Garmin.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. There are currently 2 sell ratings, 3 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 negative this week, according to InfoTrie Sentiment. The research group rates 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 closest to five being the most favorable. Garmin earned a news impact score of -2.9 on InfoTrie's scale. They also assigned 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 company's share price in the next few days. View News Stories for Garmin.

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), Verizon Communications (VZ), Cisco Systems (CSCO), General Electric (GE), Netflix (NFLX), Intel (INTC), Micron Technology (MU), Applied Materials (AMAT), Broadcom (AVGO) and QUALCOMM (QCOM).

Garmin's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.23%), BlackRock Inc. (6.03%), BlackRock Inc. (6.03%), Robeco Institutional Asset Management B.V. (1.04%), Northern Trust Corp (0.73%) and Janus Henderson Group PLC (0.67%). 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 Invesco Ltd., First Trust Advisors LP, Morgan Stanley, APG Asset Management N.V., Renaissance Technologies LLC, Kornitzer Capital Management Inc. KS, Charles Schwab Investment Management Inc. and Janus Henderson Group PLC. 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 BlackRock Inc., BlackRock Inc., Nuveen Asset Management LLC, Marshall Wace LLP, JPMorgan Chase & Co., Prudential PLC, AQR Capital Management LLC and Wells Fargo & Company MN. 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 $85.49.

Garmin has a market capitalization of $16.93 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]