Callaway Golf Company Company Profile (NYSE:ELY)

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

Callaway Golf Company announced a quarterly dividend on Tuesday, August 1st. Shareholders of record on Tuesday, August 22nd will be paid a dividend of $0.01 per share on Tuesday, September 12th. This represents a $0.04 annualized dividend and a dividend yield of 0.28%. The ex-dividend date is Friday, August 18th. View Callaway Golf Company's Dividend History.

Callaway Golf Company (NYSE:ELY) released its earnings results on Thursday, August, 3rd. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.05. The company had revenue of $304.50 million for the quarter, compared to analysts' expectations of $295.70 million. Callaway Golf Company had a return on equity of 6.60% and a net margin of 18.09%. The business's revenue was up 24.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.36 earnings per share. View Callaway Golf Company's Earnings History.

Callaway Golf Company is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Callaway Golf Company.

Callaway Golf Company updated its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of $0.40-0.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.36. The company issued revenue guidance of $980-995 million, compared to the consensus revenue estimate of $978.16 million.

12 equities research analysts have issued 12-month price objectives for Callaway Golf Company's shares. Their forecasts range from $13.00 to $18.00. On average, they expect Callaway Golf Company's stock price to reach $15.34 in the next twelve months. View Analyst Ratings for Callaway Golf Company.

Here are some recent quotes from research analysts about Callaway Golf Company stock:

• 1. According to Zacks Investment Research, "Callaway Golf Company is designs, develops, manufactures and markets high quality, innovative golf clubs. The Company's golf clubs are sold at premium prices to both average and skilled golfers on the basis of performance, ease of use and appearance. " (10/4/2017)
• 2. Imperial Capital analysts commented, "Golf Datatech recently released February U.S. retail market share data. While February is not a major month, Callaway did show strong share growth. In woods, ELY grew share 1590bp year-over-year (yoy) to 36.2%. In balls and irons ELY earned 14.6% and 25.8%, respectively, versus 12.0% and 22.5% yoy. Callaway lost share in the much smaller wedges and putters categories. We calculate significant growth in overall hard-goods share. Also positive, while golf retail sales were relatively flat yoy, per unit pricing grew in every category." (3/21/2017)
• 3. Pacific Crest analysts commented, "We are increasingly positive on ELY following recent channel checks as well as Golf Datatech data, which points to very strong sell-through of its Epic driver and fairway woods. We believe the impressive Epic performance is not fully reflected in the current share price and we would be buyers at current levels. To that end, we are increasing our 1Q17 revenue and earnings estimates and believe there is solid upside potential to current consensus numbers for 2017. As such, we would be buyers of shares at current levels and maintain our OW rating and $16 PT." (3/21/2017)
• 4. KeyCorp analysts commented, "We are increasingly positive on ELY following recent channel checks as well as Golf Datatech data, which points to very strong sell-through of its Epic driver and fairway woods. We believe the impressive Epic performance is not fully reflected in the current share price and we would be buyers at current levels. To that end, we are increasing our 1Q17 revenue and earnings estimates and believe there is solid upside potential to current consensus numbers for 2017. As such, we would be buyers of shares at current levels and maintain our OW rating and $16 PT." (3/21/2017)
• 5. FBR & Co analysts commented, "Callaway reported 4Q16 EPS of ($0.18) versus FBR/consensus of ($0.17), reflecting solid sales growth of +6.8% (versus FBR/consensus of +8.4%/+11.4%), GM leverage of +525 bps (versus FBR/consensus +750 bps/+700 bps), and operating expense leverage of +365 bps (versus FBR/consensus +150 bps/–30 bps). We would note that excluding the FX impact margins, EPS would have been in line with expectations. Management gave initial 2017 guidance of top line ($910M–$935M) and EPS of $0.21–$0.27 versus FBR/Street of $0.38/$0.34. However, management noted that EPS guidance constant currency is $0.31–$0.37, which is in line with consensus." (2/3/2017)

Some companies that are related to Callaway Golf Company include Regal Entertainment Group (RGC), Planet Fitness (PLNT), Prestige Brand Holdings (PBH), Steven Madden (SHOO), Laureate Education (LAUR), Penn National Gaming (PENN), DeVry Education Group (ATGE), La Quinta Holdings (LQ), Deckers Outdoor Corporation (DECK), Corus Entertainment (CJREF), Central Garden & Pet Company (CENT), Eldorado Resorts (ERI), Masonite International Corporation (DOOR), THOMAS COOK GRP (TCKGY), AMC Entertainment Holdings (AMC), Caesars Entertainment Corporation (CZR), International Speedway Corporation (ISCA) and World Wrestling Entertainment (WWE).

Callaway Golf Company's management team includes the folowing people:

• Ronald S. Beard, Independent Chairman of the Board
• Oliver G. Brewer III, President, Chief Executive Officer, Director
• Brian P. Lynch, Chief Financial Officer, Senior Vice President, General Counsel, Corporate Secretary
• Alex Mitchell Boezeman, President, East Asia
• Richard H. Arnett, Senior Vice President - Global Marketing
• Alan Hocknell, Senior Vice President - Research and Development
• Mark F. Leposky, Senior Vice President - Global Operations
• Neil Howie, Managing Director - Europe, Middle East and Africa
• Samuel H. Armacost, Independent Director
• John C. Cushman III, Independent Director

Callaway Golf Company's stock is owned by many different of retail and institutional investors. Top institutional shareholders include SANCARIN S.L. (5.15%) and Diamond Hill Capital Management Inc. (0.30%). Company insiders that own Callaway Golf Company 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 Company.

Callaway Golf Company's stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc.. Company insiders that have sold Callaway Golf Company stock in the last year include Alan Hocknell, Alex Mitchell Boezeman, Anthony S Thornley, Jennifer L Thomas, Mark F Leposky, Neil Howie, Oliver G Brewer III, Richard H Arnett and Stephen Kenwood. View Insider Buying and Selling for Callaway Golf Company.

Shares of Callaway Golf Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Callaway Golf Company stock can currently be purchased for approximately $14.39.