S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:GRMN

Garmin Stock Forecast, Price & News

$139.39
-3.72 (-2.60%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$138.30
$140.42
50-Day Range
$139.39
$172.62
52-Week Range
$113.59
$178.80
Volume
580,496 shs
Average Volume
687,082 shs
Market Capitalization
$26.81 billion
P/E Ratio
23.83
Dividend Yield
1.92%
Beta
0.96
30 days | 90 days | 365 days | Advanced Chart
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Garmin logo

About Garmin

Garmin Ltd. is a holding company, which engages in the provision of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology. It operates through the following five segments: Marine, Outdoor, Fitness, Auto and Aviation. The Marine segment manufactures and offers recreational marine electronics such as cartography, Sounders, Radar, Autopilot Systems and Sailing. The Outdoor segment offers products designed for use in outdoor activities such as Outdoor Handhelds, Adventure Watches, Golf Devices, Dog Tracking & Training Device, Garmin Connect & Garmin Connect Mobile and Connect IQ. The Fitness segment involves in products designed for use in fitness and activity tracking such as Running & Multi-Sport Watches, Cycling Computers, Power Mete, Safety & Awareness and Activity Tracking Devices. The Auto segment offers products designed for use in the auto market such as Personal Navigation Devices, Original Equipment Manufacturer (OEM) Solutions and Cameras. The Aviation segment provides solutions to aircraft manufacturers, existing aircraft owners and operators, as well as government/defense customers. The company was found

Headlines

Tigress Financial Raises Garmin (NASDAQ:GRMN) Price Target to $202.00
November 24, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Search & navigation equipment
Sub-Industry
Consumer Electronics
Current Symbol
NASDAQ:GRMN
CUSIP
H2906T10
Employees
16,000
Year Founded
1989

Sales & Book Value

Annual Sales
$4.19 billion
Cash Flow
$5.67 per share
Book Value
$30.44 per share

Profitability

Net Income
$992.32 million
Pretax Margin
26.09%

Debt

Price-To-Earnings

Miscellaneous

Free Float
151,184,000
Market Cap
$26.81 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/14/2021
Dividend Payable
9/30/2021
Last Earnings
10/27/2021
Today
11/29/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/16/2022

Social Links


MarketRank

Overall MarketRank

2.69 out of 5 stars

Computer And Technology Sector

92nd out of 891 stocks

Search & Navigation Equipment Industry

2nd out of 9 stocks

Analyst Opinion: 1.3Community Rank: 3.6Dividend Strength: 3.3Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -












Garmin (NASDAQ:GRMN) Frequently Asked Questions

Is Garmin a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garmin in the last year. There are currently 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Garmin stock.
View analyst ratings for Garmin
or view top-rated stocks.

How has Garmin's stock price been impacted by Coronavirus?

Garmin's stock was trading at $80.51 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GRMN stock has increased by 73.1% and is now trading at $139.39.
View which stocks have been most impacted by COVID-19
.

When is Garmin's next earnings date?

Garmin is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for Garmin
.

How were Garmin's earnings last quarter?

Garmin Ltd. (NASDAQ:GRMN) announced its quarterly earnings data on Wednesday, October, 27th. The scientific and technical instruments company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.27 by $0.14. The scientific and technical instruments company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.16 billion. Garmin had a net margin of 22.85% and a trailing twelve-month return on equity of 20.42%. The company's revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.58 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, June 9th. Investors of record on Tuesday, March 15th will be paid a dividend of $0.67 per share on Thursday, March 31st. This represents a $2.68 annualized dividend and a yield of 1.92%. The ex-dividend date is Monday, March 14th.
View Garmin's dividend history
.

Is Garmin a good dividend stock?

Garmin pays an annual dividend of $2.68 per share and currently has a dividend yield of 1.92%. Garmin has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Garmin is 45.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Garmin will have a dividend payout ratio of 42.88% next year. This indicates that Garmin will be able to sustain or increase its dividend.
View Garmin's dividend history.

What guidance has Garmin issued on next quarter's earnings?

Garmin updated its FY 2021 earnings guidance on Wednesday, November, 3rd. The company provided earnings per share guidance of $5.600-$5.600 for the period, compared to the Thomson Reuters consensus estimate of $5.620. The company issued revenue guidance of $4.95 billion-$4.95 billion, compared to the consensus revenue estimate of $4.98 billion.

What price target have analysts set for GRMN?

7 analysts have issued 1-year price objectives for Garmin's stock. Their forecasts range from $133.00 to $202.00. On average, they expect Garmin's stock price to reach $153.17 in the next year. This suggests a possible upside of 9.9% from the stock's current price.
View analysts' price targets for Garmin
or view top-rated stocks among Wall Street analysts.

Who are Garmin's key executives?

Garmin's management team includes the following people:
  • Clifton Albert Pemble, President, Chief Executive Officer & Director
  • Douglas Gerard Boessen, Treasurer, Chief Financial & Accounting Officer
  • Philip I. Straub, Executive VP & Managing Director-Aviation
  • Andrew Russell Etkind, Secretary, Vice President & General Counsel
  • Teri Seck, Manager-Investor Relations

What is Clifton Pemble's approval rating as Garmin's CEO?

356 employees have rated Garmin CEO Clifton Pemble on Glassdoor.com. Clifton Pemble has an approval rating of 96% among Garmin's employees. This puts Clifton Pemble in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Garmin own?

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

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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.79%), Geode Capital Management LLC (1.66%), Janus Henderson Group PLC (1.13%), Invesco Ltd. (0.85%), Dimensional Fund Advisors LP (0.77%) and Bank of New York Mellon Corp (0.69%). Company insiders that own Garmin stock include Clifton A Pemble, Douglas G Boessen, Jonathan Burrell, Joseph J Hartnett, Matthew Munn, 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 Los Angeles Capital Management LLC, Eagle Asset Management Inc., SG Americas Securities LLC, Schroder Investment Management Group, Alliancebernstein L.P., Arrowstreet Capital Limited Partnership, Janus Henderson Group PLC, and Deutsche Bank AG. Company insiders that have sold Garmin company stock in the last year include Clifton A Pemble, Douglas G Boessen, Jonathan Burrell, Matthew Munn, Patrick Desbois, Philip Straub, and Sean Biddlecombe.
View insider buying and selling activity for Garmin
or view top insider-selling stocks.

Which major investors are buying Garmin stock?

GRMN stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Panagora Asset Management Inc., Geode Capital Management LLC, Invesco Ltd., GWM Advisors LLC, DekaBank Deutsche Girozentrale, Cubist Systematic Strategies LLC, and Marshall Wace LLP.
View insider buying and selling activity for Garmin
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Garmin's stock price today?

One share of GRMN stock can currently be purchased for approximately $139.39.

How much money does Garmin make?

Garmin has a market capitalization of $26.81 billion and generates $4.19 billion in revenue each year. The scientific and technical instruments company earns $992.32 million in net income (profit) each year or $5.85 on an earnings per share basis.

How many employees does Garmin have?

Garmin employs 16,000 workers across the globe.

Does Garmin have any subsidiaries?

The following companies are subsidiares of Garmin: ActiveCaptain, Alphamantis Technologies, Belanor AS, DeLorme, Digital Cyclone, Dynastream Innovations, EME Tec Sat SAS, EmpirBus, Fairpoint Navigation A/S, Firstbeat Analytics, Flight Plan, Flight Plan LLC, Formar Electronics N.V./S.A., Fusion Electronics, Garmap (Pty) Ltd., Garmin (Europe) Ltd., Garmin AT Inc., Garmin Africa Holdings (Pty) Ltd., Garmin Argentina SRL, Garmin Australasia Pty Ltd., Garmin Austria GmbH, Garmin Austria Holding GmbH, Garmin Belux NV/SA, Garmin Brasil Comércio de Tecnologias Ltda., Garmin Canada Inc., Garmin Chile Lda, Garmin Chile Lda., Garmin China ChengDu Co. Ltd., Garmin China Co. Ltd., Garmin China Shanghai Co. Ltd., Garmin China Shanghai RHQ Co. Ltd., Garmin China Yangzhou Co. Ltd., Garmin Cluj SRL, Garmin Comercializadora S. de RL. de CV, Garmin Corporation, Garmin Czech s.r.o, Garmin Danmark Ejendomme ApS, Garmin Deutschland Beteiligungs GmbH, Garmin Deutschland GmbH, Garmin France SAS, Garmin Hrvatska d.o.o., Garmin Iberia S.A., Garmin Iberia SA, Garmin India Private Ltd., Garmin International Inc., Garmin Italia S.p.A., Garmin Italia S.r.l., Garmin Japan Ltd., Garmin Korea Ltd., Garmin Luxembourg Holdings S.à r.l., Garmin Luxembourg S.à r.l., Garmin Navigation Mexico S de RL de CV, Garmin Nederland B.V., Garmin New Zealand Ltd., Garmin Nordic Denmark A/S, Garmin Nordic Finland Holding Oy, Garmin Nordic Finland Oy, Garmin Nordic Norway AS, Garmin Nordic Norway Holding AS, Garmin Nordic Sweden AB, Garmin North America Inc., Garmin Polska Sp. z o.o., Garmin Realty LLC, Garmin Services Inc., Garmin Singapore Pte. Ltd, Garmin Southern Africa (Pty) Ltd., Garmin Spain S.L.U., Garmin Switzerland Distribution GmbH, Garmin Switzerland GmbH, Garmin USA Inc., Garmin Würzburg GmbH, Garmin trgovina in servis d.o.o., Iiyonet, MetriGear, MotionBased Technologies, Nautamatic Marine Systems, Navcor Oy, Navigon, Navionics, Navionics Inc., Navionics OÜ, Navionics S.r.l., Navionics Technologies Pvt. Ltd., Nexus Marine AB, PulsedLight, Sportsmanship International AB, Tri-Tronics, UPS Aviation Technologies, and iKubu.

When was Garmin founded?

Garmin was founded in 1989.

What is Garmin's official website?

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

Where are Garmin's headquarters?

Garmin is headquartered at MUHLENTALSTRASSE 2, SCHAFFHAUSEN V8, CH-8200.

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 (152) 630-1600, via email at [email protected], or via fax at 1-345-945-3390.


This page was last updated on 11/29/2021 by MarketBeat.com Staff

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