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 declared a quarterly dividend on Friday, February 1st. Shareholders 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 yield of 0.24%. The ex-dividend date is Wednesday, February 13th. View Callaway Golf's Dividend History.

Callaway Golf declared that its board has initiated a share repurchase program 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 reacquire up to 3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

Callaway Golf Co (NYSE:ELY) posted its quarterly earnings results on Wednesday, February, 6th. The company reported ($0.32) earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.32). The business had revenue of $181 million for the quarter, compared to analysts' expectations of $176.35 million. Callaway Golf had a net margin of 8.43% and a return on equity of 14.01%. The firm's quarterly revenue was down 5.7% compared to the same quarter last year. During the same quarter in the prior 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 EPS 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 1-year price targets for Callaway Golf's shares. Their predictions 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 35.6% 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 headlines about ELY stock have trended negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Callaway Golf earned a news impact score of -2.5 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.

Some companies that are related to Callaway Golf include Yeti (YETI), SPORTS DIRECT I/ADR (SDISY), 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), Walt Disney (DIS), Alibaba Group (BABA), Micron Technology (MU), Paypal (PYPL) and Advanced Micro Devices (AMD).

Callaway Golf's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.07%), Dimensional Fund Advisors LP (7.34%), FMR LLC (4.03%), Northern Trust Corp (2.25%), Norges Bank (1.59%) and Bank of New York Mellon Corp (1.39%). 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 bought by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Rothschild & Co. Asset Management US Inc., Gotham Asset Management LLC, American Century Companies Inc., ClariVest Asset Management LLC, Eagle Asset Management Inc. and Robeco Institutional Asset Management B.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 $16.65.

Callaway Golf has a market capitalization of $1.57 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.

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]