NYSE:ELY - Callaway Golf Stock Price, News, Headlines & Rumors

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$22.55 +0.03 (+0.13 %)
(As of 08/17/2018 03:19 PM ET)
Previous Close$22.48
Today's Range$22.43 - $22.60
52-Week Range$12.82 - $23.60
Volume31,904 shs
Average Volume1.00 million shs
Market Capitalization$2.11 billion
P/E Ratio42.45
Dividend Yield0.18%
Beta0.99
Callaway Golf logoCallaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories in the United States and internationally. The company operates through three segments: Golf Clubs; Golf Balls; and Gear, Accessories and Other. It offers drivers, fairway woods, hybrids, irons, wedges, and putters. The company also provides packaged sets, golf gloves, golf footwear, golf apparel, travel gear, lifestyle apparel and accessories, headwear, eyewear, and practice aids. In addition, it licenses its trademarks and service marks for use on golf related accessories, such as golf apparel, footwear, golf gloves, prescription eyewear, practice aids, and OGIO branded bags. The company sells its products through golf retailers, sporting goods retailers, mass merchants, Internet retailers, department stores, field representatives, and in-house sales representatives, as well as to third-party distributors in the United States and approximately 100 countries. Callaway Golf Company sells its products under the Callaway Golf, Odyssey, Strata, OGIO, and TravisMathew brand names. It also sells pre-owned golf products through its Website callawaygolfpreowned.com; and Callaway Golf and Odyssey products through its Websites callawaygolf.com, odysseygolf.com, ogio.com, and travismathew.com. Callaway Golf Company was founded in 1982 and is based in Carlsbad, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryLeisure Products
SectorConsumer Discretionary
SymbolNYSE:ELY
CUSIP13119310
Phone760-931-1771

Debt

Debt-to-Equity Ratio0.01
Current Ratio1.84
Quick Ratio1.08

Price-To-Earnings

Trailing P/E Ratio42.45
Forward P/E Ratio22.55
P/E Growth0.9

Sales & Book Value

Annual Sales$1.05 billion
Price / Sales2.03
Cash Flow$0.7691 per share
Price / Cash29.32
Book Value$6.97 per share
Price / Book3.24

Profitability

EPS (Most Recent Fiscal Year)$0.53
Net Income$40.80 million
Net Margins8.70%
Return on Equity16.39%
Return on Assets11.06%

Miscellaneous

Employees2,100
Outstanding Shares94,440,000
Market Cap$2.11 billion

Callaway Golf (NYSE:ELY) Frequently Asked Questions

What is Callaway Golf's stock symbol?

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

How often does Callaway Golf pay dividends? What is the dividend yield for Callaway Golf?

Callaway Golf announced a quarterly dividend on Tuesday, July 31st. Shareholders of record on Monday, August 13th will be paid a dividend of $0.01 per share on Tuesday, September 4th. This represents a $0.04 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date of this dividend is Friday, August 10th. View Callaway Golf's Dividend History.

How will Callaway Golf's stock buyback program work?

Callaway Golf announced that its board has initiated a stock repurchase plan on Wednesday, May 9th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

How were Callaway Golf's earnings last quarter?

Callaway Golf Co (NYSE:ELY) issued its quarterly earnings results on Thursday, August, 2nd. The company reported $0.63 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.47 by $0.16. The company earned $396.31 million during the quarter, compared to analyst estimates of $371.30 million. Callaway Golf had a net margin of 8.70% and a return on equity of 16.39%. The company's quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.34 earnings per share. View Callaway Golf's Earnings History.

When is Callaway Golf's next earnings date?

Callaway Golf is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Callaway Golf.

What guidance has Callaway Golf issued on next quarter's earnings?

Callaway Golf updated its FY18 earnings guidance on Thursday, August, 2nd. The company provided earnings per share guidance of $0.95-1.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.82. The company issued revenue guidance of $1.21-1.225 billion, compared to the consensus revenue estimate of $1.19 billion.Callaway Golf also updated its Q3 guidance to ($0.03)-$0.01 EPS.

What price target have analysts set for ELY?

14 equities research analysts have issued 1-year price targets for Callaway Golf's stock. Their forecasts range from $16.00 to $25.00. On average, they expect Callaway Golf's share price to reach $21.1667 in the next year. This suggests that the stock has a possible downside of 5.7%. View Analyst Price Targets for Callaway Golf.

What is the consensus analysts' recommendation for Callaway Golf?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callaway Golf in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callaway Golf.

Who are some of Callaway Golf's key competitors?

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

Who are Callaway Golf's key executives?

Callaway Golf's management team includes the folowing people:
  • Mr. Oliver G. Brewer III, Pres, CEO & Director (Age 54)
  • Mr. Brian P. Lynch, Sr. VP, CFO, Chief Ethics Officer, Gen. Counsel & Corp. Sec. (Age 56)
  • Mr. Mark F. Leposky, Sr. VP of Global Operations (Age 53)
  • Mr. Richard Harry Arnett, Sr. VP of Global Marketing (Age 47)
  • Dr. Alan Hocknell, Sr. VP of R&D (Age 46)

Has Callaway Golf been receiving favorable news coverage?

News articles about ELY stock have trended somewhat negative recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Callaway Golf earned a news impact score of -0.06 on Accern's scale. They also assigned media headlines about the company an impact score of 42.47 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Callaway Golf.

Who are Callaway Golf's major shareholders?

Callaway Golf's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.81%), Dimensional Fund Advisors LP (7.68%), FMR LLC (4.12%), Glenmede Trust Co. NA (2.86%), Millennium Management LLC (2.01%) and Bank of New York Mellon Corp (1.70%). 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.

Which major investors are selling Callaway Golf stock?

ELY stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Glenmede Trust Co. NA, Bernzott Capital Advisors, FMR LLC, Fort Washington Investment Advisors Inc. OH, Grace & White Inc. NY, Diamond Hill Capital Management Inc. and Russell Investments Group Ltd.. 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.

Which major investors are buying Callaway Golf stock?

ELY stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., Fuller & Thaler Asset Management Inc., TD Asset Management Inc., EAM Investors LLC, Acadian Asset Management LLC, Capital One National Association and Millennium Management LLC. View Insider Buying and Selling for Callaway Golf.

How do I buy shares of 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.

What is Callaway Golf's stock price today?

One share of ELY stock can currently be purchased for approximately $22.45.

How big of a company is Callaway Golf?

Callaway Golf has a market capitalization of $2.11 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.

How can I contact Callaway Golf?

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 invrelations[email protected]


MarketBeat Community Rating for Callaway Golf (NYSE ELY)

Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  434 (Vote Outperform)
Underperform Votes:  213 (Vote Underperform)
Total Votes:  647
MarketBeat's community ratings are surveys of what our community members think about Callaway Golf and other stocks. Vote "Outperform" if you believe ELY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ELY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/17/2018 by MarketBeat.com Staff

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