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Callaway Golf Stock Price, Forecast & Analysis (NYSE:ELY)

$20.44
+0.15 (+0.74 %)
(As of 11/18/2019 04:28 AM ET)
Today's Range
$20.26
Now: $20.44
$20.57
50-Day Range
$18.47
MA: $20.06
$21.33
52-Week Range
$14.44
Now: $20.44
$21.54
Volume473,320 shs
Average Volume968,662 shs
Market Capitalization$1.92 billion
P/E Ratio19.10
Dividend Yield0.20%
Beta1.25
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$8.26 per share

Profitability

Net Income$104.74 million

Miscellaneous

Employees2,400
Market Cap$1.92 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 announced a quarterly dividend on Wednesday, July 31st. Shareholders of record on Tuesday, August 13th will be given a dividend of $0.01 per share on Wednesday, September 4th. This represents a $0.04 annualized dividend and a yield of 0.20%. The ex-dividend date of this dividend 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 authorized a stock repurchase program on Thursday, August 8th 2019, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were Callaway Golf's earnings last quarter?

Callaway Golf Co (NYSE:ELY) posted its earnings results on Wednesday, October, 30th. The company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.23 by $0.13. The company had revenue of $426 million for the quarter, compared to analyst estimates of $420.43 million. Callaway Golf had a return on equity of 13.17% and a net margin of 5.10%. The company's revenue was up 62.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.10 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, February 5th 2020. View Earnings Estimates for Callaway Golf.

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

Callaway Golf updated 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?

7 Wall Street 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 share price to reach $22.75 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Price Targets for Callaway Golf.

What is the consensus analysts' recommendation for Callaway Golf?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callaway Golf in the last year. There are currently 2 hold ratings and 5 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 coverage about ELY stock has been trending very negative this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Callaway Golf earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View News Stories for Callaway Golf.

Are investors shorting Callaway Golf?

Callaway Golf saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 13,280,000 shares, a drop of 6.7% from the September 30th total of 14,230,000 shares. Based on an average daily trading volume, of 1,150,000 shares, the short-interest ratio is currently 11.5 days. Currently, 15.2% of the shares of the stock are short sold. 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), Walt Disney (DIS), Cisco Systems (CSCO), Micron Technology (MU), Paypal (PYPL), Toll Brothers (TOL), Netflix (NFLX) and Starbucks (SBUX).

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 TimesSquare Capital Management LLC (2.29%), Peregrine Capital Management LLC (1.25%), Copper Rock Capital Partners LLC (1.16%), Rice Hall James & Associates LLC (0.88%), Eagle Asset Management Inc. (0.57%) and Rhumbline Advisers (0.33%). 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 institutional 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, Eagle Asset Management Inc., Rice Hall James & Associates LLC and Tower Research Capital LLC TRC . View Insider Buying and Selling for Callaway Golf.

Which institutional investors are buying Callaway Golf stock?

ELY stock was acquired by a variety of institutional investors in the last quarter, including Nkcfo LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Oppenheimer & Co. Inc., Lisanti Capital Growth LLC, State of Alaska Department of Revenue, Rhumbline Advisers and Boston Advisors LLC. 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 $20.44.

How big of a company is Callaway Golf?

Callaway Golf has a market capitalization of $1.92 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:  2.8 out of 5 (star star)
Outperform Votes:  531 (Vote Outperform)
Underperform Votes:  421 (Vote Underperform)
Total Votes:  952
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 11/18/2019 by MarketBeat.com Staff

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