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

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

Callaway Golf Co (NYSE:ELY) announced its earnings results on Wednesday, February, 6th. The company reported ($0.32) earnings per share for the quarter, meeting the consensus estimate of ($0.32). The company had revenue of $181 million for the quarter, compared to the consensus estimate of $176.35 million. Callaway Golf had a net margin of 8.43% and a return on equity of 14.01%. The business's revenue was down 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($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 issued an update on its FY19 earnings guidance on Wednesday, February, 6th. The company provided earnings per share (EPS) guidance of $0.93-1.03 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokerages have issued twelve-month target prices for Callaway Golf's stock. Their forecasts range from $17.00 to $30.00. On average, they expect Callaway Golf's stock price to reach $22.5833 in the next year. This suggests a possible upside of 32.8% 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.

News articles about ELY stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Callaway Golf earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock'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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Callaway Golf investors own include General Electric (GE), Mattel (MAT), Twitter (TWTR), General Motors (GM), Ultra Clean (UCTT), Alibaba Group (BABA), Walt Disney (DIS), Paypal (PYPL), Micron Technology (MU) and Netflix (NFLX).

Callaway Golf's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 acquired 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 APG Asset Management N.V.. 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 $17.00.

Callaway Golf has a market capitalization of $1.61 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]