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

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

Garmin declared 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 3.24%. The ex-dividend date of this dividend is Thursday, December 13th. View Garmin's Dividend History.

Garmin Ltd. (NASDAQ:GRMN) announced its earnings results on Wednesday, October, 31st. The scientific and technical instruments company reported $1.00 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.76 by $0.24. The scientific and technical instruments company earned $810.01 million during the quarter, compared to analyst estimates of $784.06 million. Garmin had a return on equity of 16.95% and a net margin of 19.45%. The business's quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the business earned $0.75 EPS. View Garmin's Earnings History.

Garmin is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Garmin.

Garmin updated its FY18 earnings guidance on Wednesday, October, 31st. The company provided EPS guidance of approx $3.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.31. The company issued revenue guidance of approx $3.30 billion, compared to the consensus revenue estimate of $3.30 billion.Garmin also updated its FY 2018 guidance to $3.45-3.45 EPS.

6 analysts have issued 1-year target prices for Garmin's shares. Their forecasts range from $60.00 to $77.00. On average, they anticipate Garmin's share price to reach $70.50 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price. 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 1 sell rating, 3 hold ratings and 2 buy ratings 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 on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. 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 media sentiment score of 1.8 on InfoTrie's scale. They also gave media coverage 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 impact 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).

Garmin's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc (6.44%), BlackRock Inc. (6.08%), Robeco Institutional Asset Management B.V. (1.09%), Robeco Institutional Asset Management B.V. (1.09%), Disciplined Growth Investors Inc. MN (0.82%) and Schroder Investment Management Group (0.81%). 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 JPMorgan Chase & Co., JPMorgan Chase & Co., Renaissance Technologies LLC, Deutsche Bank AG, Mitsubishi UFJ Trust & Banking Corp, Alliancebernstein L.P., WINTON GROUP Ltd and Marshall Wace LLP. 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 bought by a variety of institutional investors in the last quarter, including Skandinaviska Enskilda Banken AB publ, Vanguard Group Inc, BlackRock Inc., Wedge Capital Management L L P NC, Select Equity Group L.P., Morgan Stanley, Wells Fargo & Company MN and Bowen Hanes & Co. 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 $65.3350.

Garmin has a market capitalization of $13.13 billion and generates $3.09 billion in revenue each year. The scientific and technical instruments company earns $694.95 million in net income (profit) each year or $2.94 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]