NYSE:ELY - Callaway Golf Stock Price, Price Target & More

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

Callaway Golf announced a quarterly dividend on Wednesday, May 9th. Stockholders of record on Tuesday, May 22nd will be given a dividend of $0.01 per share on Tuesday, June 12th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.20%. The ex-dividend date is Monday, May 21st. View Callaway Golf's Dividend History.

Callaway Golf declared that its Board of Directors has authorized a share repurchase plan on Wednesday, May 9th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 3% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its shares are undervalued.

Callaway Golf Co (NYSE:ELY) issued its quarterly earnings results on Thursday, April, 26th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.51 by $0.14. The firm earned $403 million during the quarter, compared to analysts' expectations of $371.67 million. Callaway Golf had a return on equity of 12.78% and a net margin of 6.82%. Callaway Golf's revenue for the quarter was up 30.4% on a year-over-year basis. During the same quarter last year, the business posted $0.30 EPS. View Callaway Golf's Earnings History.

Callaway Golf is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Callaway Golf.

Callaway Golf updated its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $0.77-0.82 for the period, compared to the Thomson Reuters consensus estimate of $0.71. The company issued revenue guidance of $1.170-1.185 billion, compared to the consensus revenue estimate of $1.13 billion.Callaway Golf also updated its Q2 guidance to $0.44-0.48 EPS.

14 Wall Street analysts have issued 12-month target prices for Callaway Golf's stock. Their predictions range from $14.00 to $23.00. On average, they anticipate Callaway Golf's stock price to reach $18.2762 in the next twelve months. View Analyst Ratings for Callaway Golf.

Some companies that are related to Callaway Golf include Sports Direct (SDISY), Acushnet (GOLF), Johnson Outdoors (JOUT), Nautilus (NLS), Clarus (CLAR) and Escalade (ESCA).

News headlines about ELY stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Callaway Golf earned a media sentiment score of 0.17 on Accern's scale. They also assigned media coverage about the company an impact score of 45.58 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Callaway Golf's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.73%), Dimensional Fund Advisors LP (7.65%), Northern Trust Corp (2.24%), Bernzott Capital Advisors (1.90%), Millennium Management LLC (1.87%) and Thornburg Investment Management Inc. (1.54%). 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 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, Platinum Investment Management Ltd., Heartland Advisors Inc., Hsbc Holdings PLC, Thomson Horstmann & Bryant Inc., Ancora Advisors LLC, Fort Washington Investment Advisors Inc. OH and BNP Paribas Arbitrage SA. Company insiders that have sold Callaway Golf company stock in the last year include Alan Hocknell, Alex Mitchell Boezeman, Anthony S Thornley, Brian P Lynch, Jennifer L Thomas, Mark F Leposky, Neil Howie, 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 Amundi Pioneer Asset Management Inc., Stifel Financial Corp, Northern Trust Corp, Dimensional Fund Advisors LP, Hennessy Advisors Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH and Lord Abbett & CO. 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 $19.75.

Callaway Golf has a market capitalization of $1.92 billion and generates $1.05 billion in revenue each year. The company earns $40.80 million in net income (profit) each year or $0.53 on an earnings per share basis. Callaway Golf employs 2,100 workers across the globe.

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]