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

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

Callaway Golf announced a quarterly dividend on Friday, February 1st. Stockholders of record on Thursday, February 14th will be paid a dividend of $0.01 per share on Thursday, March 7th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date of this dividend is Wednesday, February 13th. View Callaway Golf's Dividend History.

Callaway Golf announced that its board has approved a stock repurchase plan on Wednesday, May 9th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

Callaway Golf Co (NYSE:ELY) announced its quarterly earnings data on Wednesday, February, 6th. The company reported ($0.32) EPS for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.32). The firm had revenue of $181 million for the quarter, compared to analyst estimates of $176.35 million. Callaway Golf had a net margin of 8.43% and a return on equity of 14.01%. The company's revenue for the quarter was down 5.7% on a year-over-year basis. During the same period in the prior year, the company posted ($0.15) earnings per share. View Callaway Golf's Earnings History.

Callaway Golf is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Callaway Golf.

Callaway Golf updated its FY19 earnings guidance on Wednesday, February, 6th. The company provided earnings per share guidance of $0.93-1.03 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.06. The company issued revenue guidance of $1.67-1.70 billion, compared to the consensus revenue estimate of $1.67 billion.Callaway Golf also updated its FY 2019 guidance to $0.93-1.03 EPS.

13 analysts have issued 12 month price targets for Callaway Golf's stock. Their predictions range from $17.00 to $30.00. On average, they expect Callaway Golf's share price to reach $22.5833 in the next twelve months. This suggests a possible upside of 37.0% from the stock's current price. View Analyst Price Targets for Callaway Golf.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callaway Golf in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callaway Golf.

Media coverage about ELY stock has trended neutral recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Callaway Golf earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future.

Some companies that are related to Callaway Golf include SPORTS DIRECT I/ADR (SDISY), Yeti (YETI), Acushnet (GOLF), Johnson Outdoors (JOUT), Clarus (CLAR), Nautilus (NLS) and Escalade (ESCA).

Callaway Golf's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.07%), Dimensional Fund Advisors LP (7.34%), Northern Trust Corp (2.25%), Bank of New York Mellon Corp (1.39%), Bernzott Capital Advisors (1.06%) and Copper Rock Capital Partners LLC (1.03%). 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, Russell L Fleischer 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, Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp, Copper Rock Capital Partners LLC, Boston Advisors LLC, Assenagon Asset Management S.A., Dimensional Fund Advisors LP and Hsbc Holdings PLC. Company insiders that have sold Callaway Golf company stock in the last year include Alex Mitchell Boezeman, Brian P Lynch, Mark F Leposky, Oliver G Brewer III and Richard H Arnett. View Insider Buying and Selling for Callaway Golf.

ELY stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Rothschild & Co. Asset Management US Inc., Gotham Asset Management LLC, ClariVest Asset Management LLC, Eagle Asset Management Inc., Robeco Institutional Asset Management B.V., Two Sigma Advisers LP and SG Americas Securities 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 $16.48.

Callaway Golf has a market capitalization of $1.56 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 2,100 workers across the globe.

The official website for Callaway Golf is http://www.callawaygolf.com.

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]