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

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$17.12 -0.36 (-2.06 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$17.48
Today's Range$16.97 - $17.45
52-Week Range$14.44 - $24.67
Volume1.03 million shs
Average Volume1.04 million shs
Market Capitalization$1.62 billion
P/E Ratio15.98
Dividend Yield0.23%
Beta1.04
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. The Golf Balls segment designs, manufactures, and sells golf balls. The Gear, Accessories and Other segment offers golf apparel and footwear, headwear, and other lifestyle and golf-related apparel products, as well as golf bags, golf gloves, travel gears, gears, personal storage gears, and accessories. 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. The company was founded in 1982 and is based in Carlsbad, California.

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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$1.3190 per share
Book Value$7.77 per share

Profitability

Net Income$104.74 million

Miscellaneous

Employees2,400
Market Cap$1.62 billion
Next Earnings Date5/9/2019 (Confirmed)
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 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 annualized dividend and a yield of 0.23%. The ex-dividend date 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 approved a share repurchase program on Wednesday, May 9th 2018, which permits the company to repurchase $50,000,000.00 in 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 a sign that the company's board of directors believes its stock is undervalued.

How were Callaway Golf's earnings last quarter?

Callaway Golf Co (NYSE:ELY) issued its earnings results on Wednesday, February, 6th. The company reported ($0.32) EPS for the quarter, hitting the Zacks' consensus estimate of ($0.32). The firm earned $181 million during the quarter, compared to analysts' expectations of $176.35 million. Callaway Golf had a return on equity of 14.01% and a net margin of 8.43%. The company's revenue for the quarter was down 5.7% on a year-over-year basis. During the same quarter last year, the firm earned ($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, May 9th 2019. View Earnings Estimates for Callaway Golf.

How can I listen to Callaway Golf's earnings call?

Callaway Golf will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

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 EPS guidance of $0.93-1.03 for the period, compared to the Thomson Reuters consensus 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 brokers have issued 12 month price targets for Callaway Golf's stock. Their forecasts range from $17.00 to $30.00. On average, they anticipate Callaway Golf's share price to reach $22.9091 in the next twelve months. This suggests a possible upside of 33.8% 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?

News stories about ELY stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing 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 nearest to five being the most favorable. Callaway Golf earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

Who are some of Callaway Golf's key competitors?

What other stocks do shareholders of Callaway Golf own?

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

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 a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (1.33%), Copper Rock Capital Partners LLC (1.12%), Augustine Asset Management Inc. (0.10%), Boston Advisors LLC (0.10%), Virginia Retirement Systems ET AL (0.06%) and Strs Ohio (0.05%). 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 Virginia Retirement Systems ET AL, Meeder Asset Management Inc., Augustine Asset Management Inc., Strs Ohio and Bell Rock Capital LLC. Company insiders that have sold Callaway Golf company stock in the last year include Alex Mitchell Boezeman and Mark F Leposky. 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 Peregrine Capital Management LLC, Copper Rock Capital Partners LLC, Sciencast Management LP, BNP Paribas Arbitrage SA, National Investment Services Inc. WI, We Are One Seven LLC, Valeo Financial Advisors LLC and Eqis Capital Management Inc.. 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 $17.12.

How big of a company is Callaway Golf?

Callaway Golf has a market capitalization of $1.62 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.

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:  3.1 out of 5 (star star star)
Outperform Votes:  496 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  809
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 4/25/2019 by MarketBeat.com Staff

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