Johnson Outdoors (JOUT) Stock Forecast, Price & News

Johnson Outdoors' stock was trading at $66.12 at the start of the year. Since then, JOUT stock has decreased by 10.2% and is now trading at $59.35.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our JOUT earnings forecast.

Johnson Outdoors Inc. (NASDAQ:JOUT) released its quarterly earnings results on Friday, February, 3rd. The company reported $0.57 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.57. The company had revenue of $178.34 million for the quarter, compared to analysts' expectations of $167.55 million. Johnson Outdoors had a net margin of 5.70% and a trailing twelve-month return on equity of 9.01%. During the same quarter last year, the business posted $1.07 earnings per share.

Johnson Outdoors announced a quarterly dividend on Thursday, May 25th. Shareholders of record on Thursday, July 13th will be paid a dividend of $0.31 per share on Thursday, July 27th. This represents a $1.24 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Wednesday, July 12th.
Read our dividend analysis for JOUT.

ETFs with the largest weight of Johnson Outdoors (NASDAQ:JOUT) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Hypatia Women CEO ETF (WCEO), Invesco Nasdaq Future Gen 200 ETF (QQQS), Hartford Multifactor Small Cap ETF (ROSC), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS),

Johnson Outdoors (NASDAQ:JOUT) pays an annual dividend of $1.24 per share and currently has a dividend yield of 2.09%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 28.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JOUT will have a dividend payout ratio of 21.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JOUT.

18 employees have rated Johnson Outdoors Chief Executive Officer Helen P. Johnson-Leipold on Glassdoor.com. Helen P. Johnson-Leipold has an approval rating of 94% among the company's employees. This puts Helen P. Johnson-Leipold in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Johnson Outdoors investors own include NVIDIA (NVDA), Exxon Mobil (XOM), Alibaba Group (BABA), Delta Air Lines (DAL), Walt Disney (DIS), Starbucks (SBUX), QUALCOMM (QCOM), Target (TGT), Xilinx (XLNX) and AbbVie (ABBV).

Johnson Outdoors trades on the NASDAQ under the ticker symbol "JOUT."

Johnson Outdoors' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.11%), BlackRock Inc. (4.06%), Renaissance Technologies LLC (2.57%), LSV Asset Management (1.52%), Hotchkis & Wiley Capital Management LLC (1.50%) and Royce & Associates LP (1.40%). Insiders that own company stock include David W Johnson, Edward F Lang, John M Fahey Jr, John M Fahey, Jr, Terry E London and Thomas F Pyle Jr.
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Shares of JOUT stock 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.
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One share of JOUT stock can currently be purchased for approximately $59.35.

Johnson Outdoors (NASDAQ:JOUT) has a market capitalization of $608.34 million and generates $743.35 million in revenue each year. The company earns $44.49 million in net income (profit) each year or $4.35 on an earnings per share basis.

The company employs 1,500 workers across the globe.

Johnson Outdoors' mailing address is 555 MAIN STREET, RACINE WI, 53403. The official website for the company is www.johnsonoutdoors.com. The company can be reached via phone at (262) 631-6600 or via fax at 262-631-6601.