NYSE:ELYCallaway Golf Stock Price, Forecast & News

Callaway Golf's stock was trading at $12.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ELY shares have increased by 48.4% and is now trading at $18.49.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callaway Golf in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Callaway Golf is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Callaway Golf.

Callaway Golf Co (NYSE:ELY) issued its earnings results on Thursday, August, 6th. The company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.12. The business earned $297 million during the quarter, compared to analysts' expectations of $286.35 million. Callaway Golf had a net margin of 3.67% and a return on equity of 9.95%. The business's revenue was down 33.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.37 earnings per share.
View Callaway Golf's earnings history.

Callaway Golf announced a quarterly dividend on Tuesday, May 12th. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.01 per share on Wednesday, June 17th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date is Tuesday, May 26th.
View Callaway Golf's dividend history.

Callaway Golf declared that its board has initiated a share repurchase plan on Thursday, August 8th 2019, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 5.9% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

10 brokerages have issued 1-year target prices for Callaway Golf's stock. Their forecasts range from $17.00 to $26.00. On average, they anticipate Callaway Golf's stock price to reach $20.90 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price.
View analysts' price targets for Callaway Golf.

Media coverage about ELY stock has trended very positive recently, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 4.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
View the latest news about Callaway Golf.

Some companies that are related to Callaway Golf include Hasbro (HAS), Polaris Industries (PII), Brunswick (BC), Mattel (MAT), Sturm Ruger & Company Inc (RGR), Johnson Outdoors (JOUT), Marine Products (MPX) and JAKKS Pacific (JAKK).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Callaway Golf investors own include AbbVie (ABBV), Chevron (CVX), NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Cisco Systems (CSCO), Home Depot (HD), Paypal (PYPL), Micron Technology (MU) and Advanced Micro Devices (AMD).

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

Callaway Golf's stock is owned by many different retail and institutional investors. Top institutional investors include TimesSquare Capital Management LLC (3.11%), Fisher Asset Management LLC (2.49%), Peregrine Capital Management LLC (1.48%), Ziegler Capital Management LLC (0.69%), Grace & White Inc. NY (0.50%) and UBS Group AG (0.41%). Company insiders that own Callaway Golf stock include Brian P Lynch, Glenn F Hickey, Oliver G Brewer III, Richard H Arnett and Russell L Fleischer.
View institutional ownership trends for Callaway Golf.

ELY stock was sold by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, Platinum Investment Management Ltd., UBS Group AG, Grace & White Inc. NY, Mesirow Financial Investment Management Equity Management, Ziegler Capital Management LLC, Hancock Whitney Corp, and Carnegie Capital Asset Management LLC. Company insiders that have sold Callaway Golf company stock in the last year include Glenn F Hickey, and Richard H Arnett.
View insider buying and selling activity for Callaway Golf.

ELY stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Hodges Capital Management Inc., Peregrine Capital Management LLC, Calamos Advisors LLC, Russell Investments Group Ltd., Raymond James Financial Services Advisors Inc., Envestnet Asset Management Inc., and Swiss National Bank. Company insiders that have bought Callaway Golf stock in the last two years include Brian P Lynch, Oliver G Brewer III, and Russell L Fleischer.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of ELY stock can currently be purchased for approximately $18.49.

Callaway Golf has a market capitalization of $1.74 billion and generates $1.70 billion in revenue each year. The company earns $79.41 million in net income (profit) each year or $1.10 on an earnings per share basis. Callaway Golf employs 2,400 workers across the globe.

The official website for Callaway Golf is 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]