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

$21.26
+0.20 (+0.95 %)
(As of 12/13/2019 04:20 AM ET)
Today's Range
$20.94
Now: $21.26
$21.51
50-Day Range
$19.75
MA: $20.62
$21.34
52-Week Range
$14.44
Now: $21.26
$21.58
Volume723,838 shs
Average Volume1.19 million shs
Market Capitalization$2.00 billion
P/E Ratio19.87
Dividend Yield0.19%
Beta1.27
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$1.32 per share
Book Value$7.77 per share

Profitability

Net Income$104.74 million

Miscellaneous

Employees2,400
Market Cap$2.00 billion
Next Earnings Date2/5/2020 (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 declared a quarterly dividend on Friday, November 22nd. Stockholders of record on Wednesday, December 4th will be given a dividend of $0.01 per share on Thursday, December 19th. This represents a $0.04 annualized dividend and a dividend yield of 0.19%. The ex-dividend date of this dividend is Tuesday, December 3rd. View Callaway Golf's Dividend History.

How will Callaway Golf's stock buyback program work?

Callaway Golf declared that its Board of Directors has approved a stock buyback program on Thursday, August 8th 2019, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 5.9% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

How were Callaway Golf's earnings last quarter?

Callaway Golf Co (NYSE:ELY) announced its quarterly earnings results on Wednesday, October, 30th. The company reported $0.36 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.13. The company earned $426 million during the quarter, compared to the consensus estimate of $420.43 million. Callaway Golf had a return on equity of 13.17% and a net margin of 5.10%. The firm's revenue for the quarter was up 62.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.10 EPS. 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, February 5th 2020. 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 Wednesday, October, 30th. The company provided EPS guidance of $1.06-1.12 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.08. The company issued revenue guidance of $1.685-1.700 billion, compared to the consensus revenue estimate of $1.70 billion.

What price target have analysts set for ELY?

8 equities research analysts have issued 1 year price objectives for Callaway Golf's shares. Their forecasts range from $19.00 to $30.00. On average, they expect Callaway Golf's stock price to reach $23.19 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price. View Analyst Price Targets for Callaway Golf.

What is the consensus analysts' recommendation for Callaway Golf?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callaway Golf in the last year. There are currently 2 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 been trending neutral on Friday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Callaway Golf earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Callaway Golf.

Are investors shorting Callaway Golf?

Callaway Golf saw a decline in short interest in November. As of November 15th, there was short interest totalling 13,280,000 shares, a decline of 6.7% from the October 31st total of 14,230,000 shares. Based on an average trading volume of 1,150,000 shares, the short-interest ratio is presently 11.5 days. Currently, 15.2% of the shares of the stock are sold short. View Callaway Golf's Current Options Chain.

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), Home Depot (HD), Paypal (PYPL), Cisco Systems (CSCO), Walt Disney (DIS), Target (TGT), Toll Brothers (TOL) and UnitedHealth Group (UNH).

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 State Street Corp (2.86%), TimesSquare Capital Management LLC (2.29%), Peregrine Capital Management LLC (1.25%), Millennium Management LLC (1.24%), Copper Rock Capital Partners LLC (1.16%) and Voya Investment Management LLC (1.00%). Company insiders that own Callaway Golf stock include Alex Mitchell Boezeman, Anthony S Thornley, Brian P Lynch, Mark F Leposky, Neil Howie, Oliver G Brewer III, Richard H Arnett and Russell L Fleischer. View Institutional Ownership Trends for Callaway Golf.

Which major investors are selling Callaway Golf stock?

ELY stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, TimesSquare Capital Management LLC, State of Tennessee Treasury Department, Russell Investments Group Ltd., Peregrine Capital Management LLC, Voya Investment Management LLC, Stifel Financial Corp and Eagle Asset Management Inc.. View Insider Buying and Selling for Callaway Golf.

Which major investors are buying Callaway Golf stock?

ELY stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Castleark Management LLC, Point72 Asset Management L.P., Empirical Capital Management LLC, Nkcfo LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System and Oppenheimer & Co. 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 $21.26.

How big of a company is Callaway Golf?

Callaway Golf has a market capitalization of $2.00 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:  2.7 out of 5 (star star)
Outperform Votes:  534 (Vote Outperform)
Underperform Votes:  444 (Vote Underperform)
Total Votes:  978
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 12/13/2019 by MarketBeat.com Staff

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