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NYSE:ELY

Callaway Golf Stock Forecast, Price & News

$18.99
-0.25 (-1.30 %)
(As of 09/19/2020 12:26 AM ET)
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Today's Range
$18.68
Now: $18.99
$19.43
50-Day Range
$17.94
MA: $19.44
$21.55
52-Week Range
$4.75
Now: $18.99
$22.33
Volume1.76 million shs
Average Volume1.63 million shs
Market Capitalization$1.79 billion
P/E RatioN/A
Dividend Yield0.21%
Beta1.99
Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories. The company operates through three segments: Golf Clubs; Golf Balls; and Gear, Accessories and Other. The Golf Clubs segment provides golf drivers and fairway woods, hybrids, irons and wedges, putters, packaged sets, and pre-owned golf clubs. The Golf Balls segment designs, manufactures, and sells golf balls. The Gear, Accessories and Other segment offers golf apparel and footwear, headwear, and other lifestyle and golf-related apparel products, as well as golf bags, golf gloves, travel gears, gears, personal storage gears, and accessories. The company sells its products through golf retailers, sporting goods retailers, mass merchants, Internet retailers, department stores, field representatives, and in-house sales representatives, as well as to third-party distributors in the United States and approximately 100 countries. Callaway Golf Company sells its products under the Callaway Golf, Odyssey, Strata, OGIO, and TravisMathew brand names. It also sells pre-owned golf products through its Website, callawaygolfpreowned.com; and Callaway Golf and Odyssey products through its Websites callawaygolf.com, odysseygolf.com, ogio.com, and travismathew.com. The company was founded in 1982 and is based in Carlsbad, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.92 out of 5 stars


Industry, Sector and Symbol

Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryLeisure Products
CUSIP13119310
Phone760-931-1771

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.70 billion
Cash Flow$1.90 per share
Book Value$8.15 per share

Profitability

Net Income$79.41 million

Miscellaneous

Employees2,400
Market Cap$1.79 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$18.99
-0.25 (-1.30 %)
(As of 09/19/2020 12:26 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Callaway Golf (NYSE:ELY) Frequently Asked Questions

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

Callaway Golf's stock was trading at $12.46 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ELY shares have increased by 52.4% and is now trading at $18.99.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Callaway Golf?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callaway Golf in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Callaway Golf
.

When is Callaway Golf's next earnings date?

Callaway Golf is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Callaway Golf
.

How were Callaway Golf's earnings last quarter?

Callaway Golf Co (NYSE:ELY) announced its quarterly earnings data on Thursday, August, 6th. The company reported $0.06 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.06) by $0.12. The firm had revenue of $297 million for the quarter, compared to analyst estimates of $286.35 million. Callaway Golf had a positive return on equity of 6.33% and a negative net margin of 9.27%. The company's revenue was down 33.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.37 EPS.
View Callaway Golf's earnings history
.

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

Callaway Golf announced a quarterly dividend on Tuesday, May 12th. Shareholders of record on Wednesday, May 27th will be given a dividend of $0.01 per share on Wednesday, June 17th. This represents a $0.04 annualized dividend and a dividend yield of 0.21%. The ex-dividend date of this dividend is Tuesday, May 26th.
View Callaway Golf's dividend history
.

How will Callaway Golf's stock buyback program work?

Callaway Golf declared that its Board of Directors has initiated a share repurchase program on Thursday, August 8th 2019, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 5.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its stock is undervalued.

What price target have analysts set for ELY?

10 brokerages have issued 1-year price targets for Callaway Golf's stock. Their forecasts range from $17.00 to $26.00. On average, they anticipate Callaway Golf's stock price to reach $21.20 in the next year. This suggests a possible upside of 11.6% from the stock's current price.
View analysts' price targets for Callaway Golf
.

Who are some of Callaway Golf's key competitors?

What other stocks do shareholders of Callaway Golf own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Callaway Golf investors own include AbbVie (ABBV), Chevron (CVX), NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Walt Disney (DIS), Cisco Systems (CSCO), Alibaba Group (BABA), Paypal (PYPL) and Bank of America (BAC).

Who are Callaway Golf's key executives?

Callaway Golf's management team includes the following people:
  • Mr. Oliver G. Brewer III, Pres, CEO & Director (Age 55)
  • Mr. Brian P. Lynch, Exec. VP & CFO (Age 57)
  • Mr. Mark F. Leposky, Exec. VP of Global Operations (Age 54)
  • Mr. Richard Harry Arnett, Exec. VP of Global Marketing & Callaway Brands (Age 48)
  • Dr. Alan Hocknell, Sr. VP of R&D (Age 47)

What is Callaway Golf's stock symbol?

Callaway Golf trades on the New York Stock Exchange (NYSE) under the ticker symbol "ELY."

Who are Callaway Golf's major shareholders?

Callaway Golf's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.40%), Cadian Capital Management LP (3.16%), TimesSquare Capital Management LLC (3.11%), Goldman Sachs Group Inc. (2.81%), Fisher Asset Management LLC (2.49%) and Bank of America Corp DE (2.41%). Company insiders that own Callaway Golf stock include Brian P Lynch, Glenn F Hickey, Oliver G Brewer III, Richard H Arnett and Russell L Fleischer.
View institutional ownership trends for Callaway Golf
.

Which institutional investors are selling Callaway Golf stock?

ELY stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., TimesSquare Capital Management LLC, Glenmede Trust Co. NA, Platinum Investment Management Ltd., Goldman Sachs Group Inc., Empirical Capital Management LLC, UBS Group AG, and PDT Partners LLC.
View insider buying and selling activity for Callaway Golf
.

Which institutional investors are buying Callaway Golf stock?

ELY stock was purchased by a variety of institutional investors in the last quarter, including Cadian Capital Management LP, Fisher Asset Management LLC, Bank of America Corp DE, Nordea Investment Management AB, Portolan Capital Management LLC, Brookfield Asset Management Inc., Nicholas Investment Partners LP, and Hodges Capital Management Inc.. Company insiders that have bought Callaway Golf stock in the last two years include Brian P Lynch, Oliver G Brewer III, and Russell L Fleischer.
View insider buying and selling activity for Callaway Golf
.

How do I buy shares of Callaway Golf?

Shares of ELY 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 Callaway Golf's stock price today?

One share of ELY stock can currently be purchased for approximately $18.99.

How big of a company is Callaway Golf?

Callaway Golf has a market capitalization of $1.79 billion and generates $1.70 billion in revenue each year. The company earns $79.41 million in net income (profit) each year or $1.10 on an earnings per share basis. Callaway Golf employs 2,400 workers across the globe.

What is Callaway Golf's official website?

The official website for Callaway Golf is www.callawaygolf.com.

How can I contact Callaway Golf?

Callaway Golf's mailing address is 2180 RUTHERFORD RD, CARLSBAD CA, 92008. The company can be reached via phone at 760-931-1771 or via email at [email protected]

This page was last updated on 9/21/2020 by MarketBeat.com Staff

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