AAPL   322.75 (+1.46%)
MSFT   183.80 (+1.09%)
FB   231.11 (+0.86%)
GOOGL   1,439.70 (+1.37%)
AMZN   2,436.00 (+1.06%)
CGC   20.92 (+5.13%)
MU   47.85 (-3.24%)
GE   7.06 (-3.16%)
TSLA   817.65 (-0.31%)
AMD   53.38 (+1.21%)
T   31.54 (-0.97%)
ACB   15.97 (+4.31%)
F   5.95 (-1.33%)
DIS   118.50 (-2.49%)
NFLX   421.13 (+0.30%)
BAC   25.27 (-2.73%)
BA   153.46 (+2.64%)
AAPL   322.75 (+1.46%)
MSFT   183.80 (+1.09%)
FB   231.11 (+0.86%)
GOOGL   1,439.70 (+1.37%)
AMZN   2,436.00 (+1.06%)
CGC   20.92 (+5.13%)
MU   47.85 (-3.24%)
GE   7.06 (-3.16%)
TSLA   817.65 (-0.31%)
AMD   53.38 (+1.21%)
T   31.54 (-0.97%)
ACB   15.97 (+4.31%)
F   5.95 (-1.33%)
DIS   118.50 (-2.49%)
NFLX   421.13 (+0.30%)
BAC   25.27 (-2.73%)
BA   153.46 (+2.64%)
AAPL   322.75 (+1.46%)
MSFT   183.80 (+1.09%)
FB   231.11 (+0.86%)
GOOGL   1,439.70 (+1.37%)
AMZN   2,436.00 (+1.06%)
CGC   20.92 (+5.13%)
MU   47.85 (-3.24%)
GE   7.06 (-3.16%)
TSLA   817.65 (-0.31%)
AMD   53.38 (+1.21%)
T   31.54 (-0.97%)
ACB   15.97 (+4.31%)
F   5.95 (-1.33%)
DIS   118.50 (-2.49%)
NFLX   421.13 (+0.30%)
BAC   25.27 (-2.73%)
BA   153.46 (+2.64%)
AAPL   322.75 (+1.46%)
MSFT   183.80 (+1.09%)
FB   231.11 (+0.86%)
GOOGL   1,439.70 (+1.37%)
AMZN   2,436.00 (+1.06%)
CGC   20.92 (+5.13%)
MU   47.85 (-3.24%)
GE   7.06 (-3.16%)
TSLA   817.65 (-0.31%)
AMD   53.38 (+1.21%)
T   31.54 (-0.97%)
ACB   15.97 (+4.31%)
F   5.95 (-1.33%)
DIS   118.50 (-2.49%)
NFLX   421.13 (+0.30%)
BAC   25.27 (-2.73%)
BA   153.46 (+2.64%)
Log in

NASDAQ:GRMNGarmin Stock Price, Forecast & News

$90.50
+2.37 (+2.69 %)
(As of 05/28/2020 01:36 PM ET)
Add
Compare
Today's Range
$88.46
Now: $90.50
$90.56
50-Day Range
$74.23
MA: $80.20
$86.63
52-Week Range
$61.04
Now: $90.50
$105.58
Volume376,031 shs
Average Volume1.02 million shs
Market Capitalization$17.29 billion
P/E Ratio17.78
Dividend Yield2.63%
Beta0.97
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices worldwide. It operates through five segments: Auto, Aviation, Marine, Outdoor, and Fitness. The Auto segment offers personal navigation devices; infotainment systems; and action cameras, as well as mobile applications under the Garmin and NAVIGON names. The Aviation segment provides navigation, communication, flight control, hazard avoidance, weather radar, radar altimeter, datalink weather, in-cockpit and cloud connectivity, voice controls, and other products and services; wearables, portables, apps, training, simulation, and aviation data services; and traffic collision avoidance, engine information, and terrain awareness and warning systems. This segment also offers controller-pilot data link, a suite of automatic dependent surveillance broadcast solutions. The Marine segment provides chartplotters and multi-function displays, Cartography Products, fish finders, sounders, autopilot systems, radars, compliant instrument displays, VHF communication radios, handhelds and wearable devices, sailing products, and entertainment products. The Outdoor segment offers outdoor handhelds, wearable devices, golf devices, and dog tracking and training/pet obedience devices. The Fitness segment provides running/multi-sport watches, cycling computers, cycling power meters, cycling safety and awareness products, and Connect IQ and activity tracking devices, as well as Garmin Connect and Garmin Connect Mobile, which are Web and mobile platforms for users to track and analyze their fitness and wellness data. The company sells its global positioning system receivers and accessories to retail outlets; and aviation products to aviation dealers and aircraft manufacturers through a network of independent dealers and distributors. Garmin Ltd. was founded in 1990 and is based in Schaffhausen, Switzerland.
Read More
Garmin logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.05 out of 5 stars


Industry, Sector and Symbol

Industry Search & navigation equipment
Sub-IndustryConsumer Electronics
SectorComputer and Technology
Current SymbolNASDAQ:GRMN
CUSIPH2906T10
Phone41-52-630-1600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.76 billion
Cash Flow$5.04 per share
Book Value$25.83 per share

Profitability

Net Income$952.49 million

Miscellaneous

Employees15,000
Market Cap$17.29 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

Receive GRMN News and Ratings via Email

Sign-up to receive the latest news and ratings for GRMN and its competitors with MarketBeat's FREE daily newsletter.

Garmin (NASDAQ:GRMN) Frequently Asked Questions

How has Garmin's stock been impacted by COVID-19 (Coronavirus)?

Garmin's stock was trading at $80.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GRMN shares have increased by 11.6% and is now trading at $89.85. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Garmin?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Garmin.

When is Garmin's next earnings date?

Garmin is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Garmin.

How were Garmin's earnings last quarter?

Garmin Ltd. (NASDAQ:GRMN) announced its quarterly earnings results on Wednesday, April, 29th. The scientific and technical instruments company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.84 by $0.07. The scientific and technical instruments company had revenue of $856.11 million for the quarter, compared to the consensus estimate of $817.65 million. Garmin had a net margin of 25.30% and a return on equity of 19.38%. The firm's quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 earnings per share. View Garmin's earnings history.

How often does Garmin pay dividends? What is the dividend yield for Garmin?

Garmin declared a quarterly dividend on Wednesday, February 19th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.61 per share on Tuesday, June 30th. This represents a $2.44 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend is Friday, June 12th. This is a positive change from Garmin's previous quarterly dividend of $0.57. View Garmin's dividend history.

What price target have analysts set for GRMN?

8 equities research analysts have issued 12 month price objectives for Garmin's shares. Their forecasts range from $76.00 to $104.00. On average, they expect Garmin's share price to reach $91.40 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price. View analysts' price targets for Garmin.

Has Garmin been receiving favorable news coverage?

Media headlines about GRMN stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Garmin earned a news sentiment score of 1.0 on InfoTrie's scale. They also assigned press coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutGarmin.

Are investors shorting Garmin?

Garmin saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,470,000 shares, an increase of 19.2% from the April 30th total of 2,910,000 shares. Based on an average trading volume of 1,200,000 shares, the short-interest ratio is presently 2.9 days. Currently, 2.5% of the company's shares are short sold. View Garmin's Current Options Chain.

Who are some of Garmin's key competitors?

What other stocks do shareholders of Garmin own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Garmin investors own include AT&T (T), Cisco Systems (CSCO), NVIDIA (NVDA), Verizon Communications (VZ), Walt Disney (DIS), Intel (INTC), Alibaba Group (BABA), Home Depot (HD), CVS Health (CVS) and Visa (V).

Who are Garmin's key executives?

Garmin's management team includes the following people:
  • Dr. Min-Hwan Kao, Co-Founder & Exec. Chairman (Age 70)
  • Mr. Clifton Albert Pemble, Pres, CEO & Director (Age 53)
  • Mr. Douglas Gerard Boessen, CFO, Principal Accounting Officer & Treasurer (Age 56)
  • Mr. Andrew R. Etkind, VP, Gen. Counsel & Sec. (Age 63)
  • Mr. Gary L. Burrell, Chairman Emeritus (Age 81)

What is Garmin's stock symbol?

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

Who are Garmin's major shareholders?

Garmin's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.90%), State Street Corp (3.30%), Geode Capital Management LLC (1.69%), JPMorgan Chase & Co. (1.38%), Robeco Institutional Asset Management B.V. (0.97%) and Disciplined Growth Investors Inc. MN (0.83%). Company insiders that own Garmin stock include Clifton A Pemble, Joseph J Hartnett, Matthew Munn, Min H Kao, Pao-Chang Huang, Patrick Desbois, Philip Straub and Sean Biddlecombe. View institutional ownership trends for Garmin.

Which major investors are selling Garmin stock?

GRMN stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Squarepoint Ops LLC, AQR Capital Management LLC, Avalon Investment & Advisory, Janus Henderson Group PLC, Hexavest Inc., Morgan Stanley, and Morgan Stanley. Company insiders that have sold Garmin company stock in the last year include Clifton A Pemble, Matthew Munn, Min H Kao, and Sean Biddlecombe. View insider buying and selling activity for Garmin.

Which major investors are buying Garmin stock?

GRMN stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., APG Asset Management N.V., Pictet Asset Management Ltd., Wells Fargo & Company MN, Ceredex Value Advisors LLC, Alliancebernstein L.P., Virginia Retirement Systems ET AL, and Victory Capital Management Inc.. View insider buying and selling activity for Garmin.

How do I buy shares of 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.

What is Garmin's stock price today?

One share of GRMN stock can currently be purchased for approximately $89.85.

How big of a company is Garmin?

Garmin has a market capitalization of $17.16 billion and generates $3.76 billion in revenue each year. The scientific and technical instruments company earns $952.49 million in net income (profit) each year or $4.45 on an earnings per share basis. Garmin employs 15,000 workers across the globe.

What is Garmin's official website?

The official website for Garmin is www.garmin.com.

How can I contact Garmin?

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.