NYSE:ELY - Callaway Golf Stock Price, Price Target & More

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

Callaway Golf declared a quarterly dividend on Wednesday, May 9th. Investors of record on Tuesday, May 22nd will be given a dividend of $0.01 per share on Tuesday, June 12th. This represents a $0.04 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend is Monday, May 21st. View Callaway Golf's Dividend History.

Callaway Golf declared that its Board of Directors has initiated a stock repurchase program on Wednesday, May 9th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Callaway Golf Co (NYSE:ELY) announced its quarterly earnings data on Thursday, April, 26th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.14. The firm earned $403 million during the quarter, compared to analyst estimates of $371.67 million. Callaway Golf had a net margin of 6.82% and a return on equity of 12.78%. The business's quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.30 earnings per share. View Callaway Golf's Earnings History.

Callaway Golf is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Callaway Golf.

Callaway Golf updated its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $0.77-0.82 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.71. The company issued revenue guidance of $1.170-1.185 billion, compared to the consensus revenue estimate of $1.13 billion.Callaway Golf also updated its Q2 guidance to $0.44-0.48 EPS.

14 Wall Street analysts have issued twelve-month target prices for Callaway Golf's stock. Their forecasts range from $14.00 to $21.00. On average, they expect Callaway Golf's share price to reach $17.6608 in the next year. View Analyst Ratings for Callaway Golf.

Some companies that are related to Callaway Golf include Sports Direct (SDISY), Acushnet (GOLF), Johnson Outdoors (JOUT), Nautilus (NLS), Clarus (CLAR) and Escalade (ESCA).

Press coverage about ELY stock has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Callaway Golf earned a coverage optimism score of 0.15 on Accern's scale. They also gave news coverage about the company an impact score of 48.71 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Callaway Golf's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.73%), Dimensional Fund Advisors LP (7.65%), Northern Trust Corp (2.24%), Bernzott Capital Advisors (1.90%), Millennium Management LLC (1.87%) and Thornburg Investment Management Inc. (1.54%). Company insiders that own Callaway Golf stock include Alan Hocknell, 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 Stephen Kenwood. View Institutional Ownership Trends for Callaway Golf.

ELY stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Platinum Investment Management Ltd., Heartland Advisors Inc., Hsbc Holdings PLC, Thomson Horstmann & Bryant Inc., Ancora Advisors LLC, Fort Washington Investment Advisors Inc. OH and BNP Paribas Arbitrage SA. Company insiders that have sold Callaway Golf company stock in the last year include Alan Hocknell, Alex Mitchell Boezeman, Anthony S Thornley, Brian P Lynch, Jennifer L Thomas, Mark F Leposky, Neil Howie, Oliver G Brewer III and Richard H Arnett. View Insider Buying and Selling for Callaway Golf.

ELY stock was acquired by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., Stifel Financial Corp, Northern Trust Corp, Dimensional Fund Advisors LP, Hennessy Advisors Inc., Allianz Asset Management GmbH, Lord Abbett & CO. LLC and Argent Capital Management LLC. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of ELY stock can currently be purchased for approximately $18.42.

Callaway Golf has a market capitalization of $1.74 billion and generates $1.05 billion in revenue each year. The company earns $40.80 million in net income (profit) each year or $0.53 on an earnings per share basis. Callaway Golf employs 2,100 workers across the globe.

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]