NYSE:ELY - Callaway Golf Stock Price, News & Analysis

$19.37
+0.52 (+2.76 %)
(As of 09/17/2019 04:00 PM ET)
Today's Range
$18.66
Now: $19.37
$19.46
50-Day Range
$16.56
MA: $17.84
$18.99
52-Week Range
$14.44
Now: $19.37
$24.67
Volume1.75 million shs
Average Volume1.25 million shs
Market Capitalization$1.82 billion
P/E Ratio18.10
Dividend Yield0.21%
Beta1.26
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Cash Flow$1.3583 per share
Book Value$7.77 per share

Profitability

Net Income$104.74 million

Miscellaneous

Employees2,400
Market Cap$1.82 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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Callaway Golf (NYSE:ELY) Frequently Asked Questions

What is Callaway Golf's stock symbol?

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

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

Callaway Golf announced a quarterly dividend on Wednesday, July 31st. Investors of record on Tuesday, August 13th will be paid a dividend of $0.01 per share on Wednesday, September 4th. This represents a $0.04 annualized dividend and a yield of 0.21%. The ex-dividend date is Monday, August 12th. 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 stock repurchase program on Thursday, August 8th 2019, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 5.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

How were Callaway Golf's earnings last quarter?

Callaway Golf Co (NYSE:ELY) released its quarterly earnings results on Thursday, August, 8th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.25 by $0.12. The firm had revenue of $446.71 million for the quarter, compared to analyst estimates of $430.12 million. Callaway Golf had a net margin of 4.17% and a return on equity of 9.95%. The firm's revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.63 earnings per share. View Callaway Golf's Earnings History.

When is Callaway Golf's next earnings date?

Callaway Golf is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Callaway Golf.

What guidance has Callaway Golf issued on next quarter's earnings?

Callaway Golf issued an update on its FY19 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of $1.03-1.09 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.04. The company issued revenue guidance of $1.685-1.70 billion, compared to the consensus revenue estimate of $1.69 billion.

What price target have analysts set for ELY?

9 Wall Street analysts have issued 1-year price objectives for Callaway Golf's stock. Their forecasts range from $19.00 to $30.00. On average, they expect Callaway Golf's share price to reach $23.3889 in the next year. This suggests a possible upside of 20.7% from the stock's current price. View Analyst Price Targets for Callaway Golf.

What is the consensus analysts' recommendation for Callaway Golf?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callaway Golf in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callaway Golf.

Has Callaway Golf been receiving favorable news coverage?

News stories about ELY stock have trended negative on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news 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. Callaway Golf earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories 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 Chevron (CVX), AbbVie (ABBV), NVIDIA (NVDA), Toll Brothers (TOL), Paypal (PYPL), Netflix (NFLX), Dow Chemical (DOW), Costco Wholesale (COST), Cisco Systems (CSCO) and Micron Technology (MU).

Who are Callaway Golf's key executives?

Callaway Golf's management team includes the folowing 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)

Who are Callaway Golf's major shareholders?

Callaway Golf's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.13%), BlackRock Inc. (14.12%), Vanguard Group Inc. (8.25%), TimesSquare Capital Management LLC (2.56%), Northern Trust Corp (2.43%) and Copper Rock Capital Partners LLC (1.51%). Company insiders that own Callaway Golf stock include Alex Mitchell Boezeman, Anthony S Thornley, Brian P Lynch, Jennifer L Thomas, Mark F Leposky, Neil Howie, 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 Marshall Wace LLP, Bank of New York Mellon Corp, Wells Fargo & Company MN, Acadian Asset Management LLC, AQR Capital Management LLC, Marshall Wace North America L.P., Bank of America Corp DE and ClariVest Asset Management LLC. View Insider Buying and Selling 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 Nuveen Asset Management LLC, Morgan Stanley, Landscape Capital Management L.L.C., Copper Rock Capital Partners LLC, Rice Hall James & Associates LLC, Man Group plc, Northern Trust Corp and Vanguard Group 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 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 $19.37.

How big of a company is Callaway Golf?

Callaway Golf has a market capitalization of $1.82 billion and generates $1.24 billion in revenue each year. The company earns $104.74 million in net income (profit) each year or $1.07 on an earnings per share basis. Callaway Golf employs 2,400 workers across the globe.View Additional Information About Callaway Golf.

What is Callaway Golf's official website?

The official website for Callaway Golf is http://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]


MarketBeat Community Rating for Callaway Golf (NYSE ELY)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  519 (Thanks for Voting!)
Underperform Votes:  374 (Thanks for Voting!)
Total Votes:  893
MarketBeat's community ratings are surveys of what our community members think about Callaway Golf and other stocks. Vote "Outperform" if you believe ELY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ELY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/17/2019 by MarketBeat.com Staff

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