Callaway Golf Co Company Profile (NYSE:ELY)

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

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

Callaway Golf Co (NYSE:ELY) announced its quarterly earnings results on Thursday, August, 3rd. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.05. The business had revenue of $304.50 million for the quarter, compared to the consensus estimate of $295.70 million. Callaway Golf Co had a net margin of 10.33% and a return on equity of 19.91%. The company's quarterly revenue was up 24.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.36 earnings per share. View Callaway Golf Co's Earnings History.

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

Callaway Golf Co issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $0.40-0.45 for the period, compared to the Thomson Reuters consensus 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 1 year price objectives for Callaway Golf Co's stock. Their forecasts range from $13.00 to $18.00. On average, they anticipate Callaway Golf Co's share price to reach $15.34 in the next year. View Analyst Ratings for Callaway Golf Co.

Here are some recent quotes from research analysts about Callaway Golf Co 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 Co include Polypore International (PPO), UBM Plc (UBM), SSP Group PLC (SSPG), GVC Holdings PLC (GVC), Howden Joinery Group Plc (HWDN), Ladbrokes Coral Group PLC (LCL), Daily Mail and General Trust P L C (DMGT), Meritor (MTOR), Redrow plc (RDW), WH Smith Plc (SMWH), Sports Direct International Plc (SPD), William Hill plc (WMH), Dixons Carphone PLC (DC), Deckers Outdoor Corp (DECK), Ann (ANN), Cheesecake Factory (CAKE), Despegar Com (DESP) and Ryland Group (RYL).

Callaway Golf Co'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 Co's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include SANCARIN S.L. (5.15%), Diamond Hill Capital Management Inc. (0.30%), Augustine Asset Management Inc. (0.11%) and Strs Ohio (0.07%). Company insiders that own Callaway Golf Co 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 Co.

Callaway Golf Co's stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc. and Strs Ohio. Company insiders that have sold Callaway Golf Co 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 Co.

Callaway Golf Co's stock was purchased by a variety of institutional investors in the last quarter, including Augustine Asset Management Inc.. View Insider Buying and Selling for Callaway Golf Co.

Shares of Callaway Golf Co 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 Co stock can currently be purchased for approximately $14.39.