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.
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Industry, Sector and Symbol
Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryLeisure Products
SectorConsumer Discretionary
Phone760-931-1771
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.24 billion
Profitability
Miscellaneous
Employees2,400
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable
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. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.22%. 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 initiated a share buyback plan on Thursday, August 8th 2019, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5.9% of its stock through open market purchases. Stock repurchase plans are usually 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) issued its quarterly earnings results on Thursday, August, 8th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.25 by $0.12. The business had revenue of $446.71 million for the quarter, compared to analyst estimates of $430.12 million. Callaway Golf had a return on equity of 9.95% and a net margin of 4.17%. The business's quarterly revenue was up 12.7% compared to the same quarter last year. During the same period last year, the business posted $0.63 EPS. View Callaway Golf's Earnings History.
When is Callaway Golf's next earnings date?
What guidance has Callaway Golf issued on next quarter's earnings?
Callaway Golf updated its FY19 earnings guidance on Thursday, August, 8th. The company provided earnings per share (EPS) guidance of $1.03-1.09 for the period, compared to the Thomson Reuters consensus 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 12-month price objectives for Callaway Golf's shares. Their forecasts range from $19.00 to $30.00. On average, they anticipate Callaway Golf's stock price to reach $23.6875 in the next twelve months. This suggests a possible upside of 31.3% 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 4 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?
Headlines about ELY stock have trended positive on Thursday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Callaway Golf earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect 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?
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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.13%), Vanguard Group Inc. (8.25%), TimesSquare Capital Management LLC (2.56%), Northern Trust Corp (2.43%), Copper Rock Capital Partners LLC (1.51%) and Bank of New York Mellon Corp (1.42%). 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 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 acquired 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, Scottrade, Fidelity and Charles Schwab.
What is Callaway Golf's stock price today?
One share of ELY stock can currently be purchased for approximately $18.04.
How big of a company is Callaway Golf?
Callaway Golf has a market capitalization of $1.70 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?
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)
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.
