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

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

Callaway Golf announced a quarterly dividend on Friday, February 1st. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date of this dividend is Wednesday, February 13th. View Callaway Golf's Dividend History.

Callaway Golf announced that its board has initiated a stock buyback program on Wednesday, May 9th 2018, which permits the company to repurchase $50,000,000.00 in outstanding 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 an indication that the company's board believes its shares are undervalued.

Callaway Golf Co (NYSE:ELY) announced its quarterly earnings data on Wednesday, February, 6th. The company reported ($0.32) EPS for the quarter, hitting the Zacks' consensus estimate of ($0.32). The business earned $181 million during the quarter, compared to the consensus estimate of $176.35 million. Callaway Golf had a net margin of 8.43% and a return on equity of 14.01%. The business's revenue was down 5.7% compared to the same quarter last year. During the same quarter last year, the company posted ($0.15) earnings per share. View Callaway Golf's Earnings History.

Callaway Golf is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Callaway Golf.

Callaway Golf issued an update on its FY19 earnings guidance on Wednesday, February, 6th. The company provided earnings per share (EPS) guidance of $0.93-1.03 for the period, compared to the Thomson Reuters consensus EPS 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.

13 analysts have issued 12 month price objectives for Callaway Golf's shares. Their predictions range from $17.00 to $30.00. On average, they anticipate Callaway Golf's share price to reach $22.5833 in the next year. This suggests a possible upside of 37.0% from the stock's current price. View Analyst Price Targets 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.

Headlines about ELY stock have been trending somewhat positive on Friday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Callaway Golf earned a news sentiment score of 1.1 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the near term.

Some companies that are related to Callaway Golf include SPORTS DIRECT I/ADR (SDISY), Acushnet (GOLF), Yeti (YETI), Johnson Outdoors (JOUT), Clarus (CLAR), Nautilus (NLS) and Escalade (ESCA).

Callaway Golf's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.07%), Dimensional Fund Advisors LP (7.34%), Northern Trust Corp (2.25%), Bank of New York Mellon Corp (1.39%), Bernzott Capital Advisors (1.06%) and Copper Rock Capital Partners LLC (1.03%). 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, Russell L Fleischer 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 Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp, Copper Rock Capital Partners LLC, Boston Advisors LLC, Assenagon Asset Management S.A., Dimensional Fund Advisors LP, Hsbc Holdings PLC and Royce & Associates LP. Company insiders that have sold Callaway Golf company stock in the last year include Alex Mitchell Boezeman, Brian P Lynch, Mark F Leposky, Neil Howie, Oliver G Brewer III and Richard H Arnett. View Insider Buying and Selling for Callaway Golf.

ELY stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Rothschild & Co. Asset Management US Inc., Gotham Asset Management LLC, ClariVest Asset Management LLC, Eagle Asset Management Inc., Robeco Institutional Asset Management B.V., Two Sigma Advisers LP and SG Americas Securities 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 $16.48.

Callaway Golf has a market capitalization of $1.56 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 2,100 workers across the globe.

The official website for Callaway Golf is http://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]