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

Sign in or create an account to add this stock to your watchlist.
$16.48 +0.56 (+3.52 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$15.92
Today's Range$16.07 - $16.51
52-Week Range$14.44 - $24.67
Volume1.72 million shs
Average Volume1.09 million shs
Market Capitalization$1.56 billion
P/E Ratio15.40
Dividend Yield0.25%
Beta1.03
Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories in the United States and internationally. The company operates through three segments: Golf Clubs; Golf Balls; and Gear, Accessories and Other. It offers drivers, fairway woods, hybrids, irons, wedges, and putters. The company also provides packaged sets, golf gloves, golf footwear, golf apparel, travel gear, lifestyle apparel and accessories, headwear, eyewear, and practice aids. In addition, it licenses its trademarks and service marks for use on golf related accessories, such as golf apparel, footwear, golf gloves, prescription eyewear, practice aids, and OGIO branded bags. The company sells its products through golf retailers, sporting goods retailers, mass merchants, Internet retailers, department stores, field representatives, and in-house sales representatives, as well as to third-party distributors in the United States and approximately 100 countries. Callaway Golf Company sells its products under the Callaway Golf, Odyssey, Strata, OGIO, and TravisMathew brand names. It also sells pre-owned golf products through its Website callawaygolfpreowned.com; and Callaway Golf and Odyssey products through its Websites callawaygolf.com, odysseygolf.com, ogio.com, and travismathew.com. Callaway Golf Company was founded in 1982 and is based in Carlsbad, California.

Receive ELY News and Ratings via Email

Sign-up to receive the latest news and ratings for ELY and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryLeisure Products
SectorConsumer Discretionary
CUSIP13119310
Phone760-931-1771

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Cash Flow$1.3597 per share
Book Value$7.77 per share

Profitability

Net Income$104.74 million

Miscellaneous

Employees2,100
Market Cap$1.56 billion
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 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.

How will Callaway Golf's stock buyback program work?

Callaway Golf announced that its board has initiated a stock buyback program 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 buy up to 3% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued.

How were Callaway Golf's earnings last quarter?

Callaway Golf Co (NYSE:ELY) announced its quarterly earnings data on Wednesday, February, 6th. The company reported ($0.32) EPS for the quarter, hitting the Zacks' consensus estimate of ($0.32). The business earned $181 million during 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 last year, the company posted ($0.15) earnings per share. View Callaway Golf's Earnings History.

When is Callaway Golf's next earnings date?

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

What guidance has Callaway Golf issued on next quarter's earnings?

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 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.

What price target have analysts set for ELY?

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

What is the consensus analysts' recommendation 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.

Has Callaway Golf been receiving favorable news coverage?

Headlines about ELY stock have been trending somewhat positive on Friday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of 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 1.1 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the near term.

Who are some of Callaway Golf's key competitors?

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, Sr. VP, CFO, Chief Ethics Officer, Gen. Counsel & Corp. Sec. (Age 57)
  • Mr. Mark F. Leposky, Sr. VP of Global Operations (Age 54)
  • Mr. Richard Harry Arnett, Sr. VP of Global Marketing (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 a number of of institutional and retail 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.

Which major investors are selling Callaway Golf stock?

ELY stock was sold by a variety of institutional investors in the last quarter, including 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, Hsbc Holdings PLC and Royce & Associates LP. Company insiders that have sold Callaway Golf company stock in the last year include Alex Mitchell Boezeman, Brian P Lynch, Mark F Leposky, Neil Howie, Oliver G Brewer III and Richard H Arnett. View Insider Buying and Selling for Callaway Golf.

Which major investors are buying Callaway Golf stock?

ELY stock was bought 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.

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 $16.48.

How big of a company is Callaway Golf?

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.

What is Callaway Golf's official website?

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

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)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  485 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  766
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.
This page was last updated on 2/15/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel