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 declared a quarterly dividend on Wednesday, November 7th. Investors of record on Wednesday, November 21st will be given a dividend of $0.01 per share on Wednesday, December 12th. This represents a $0.04 annualized dividend and a yield of 0.24%. The ex-dividend date of this dividend is Tuesday, November 20th. View Callaway Golf's Dividend History.

Callaway Golf announced that its Board of Directors has approved a share buyback program on Wednesday, May 9th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

Callaway Golf Co (NYSE:ELY) released its quarterly earnings data on Wednesday, October, 24th. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.09. The firm had revenue of $262.65 million for the quarter, compared to the consensus estimate of $250.83 million. Callaway Golf had a net margin of 9.08% and a return on equity of 16.48%. View Callaway Golf's Earnings History.

Callaway Golf is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Callaway Golf.

Callaway Golf issued an update on its FY18 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of $1.01-1.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.01. The company issued revenue guidance of $1230-1240, compared to the consensus revenue estimate of $1.23 billion.Callaway Golf also updated its FY 2018 guidance to $1.01-1.05 EPS.

12 brokers have issued 12-month target prices for Callaway Golf's stock. Their forecasts range from $17.00 to $30.00. On average, they expect Callaway Golf's share price to reach $22.7273 in the next twelve months. This suggests a possible upside of 33.8% from the stock's current price. View Analyst Price Targets for Callaway Golf.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callaway Golf in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callaway Golf.

News articles about ELY stock have been trending neutral on Sunday, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Callaway Golf earned a news impact score of 0.1 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

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 investors include Copper Rock Capital Partners LLC (1.03%), Hennessy Advisors Inc. (0.22%), Boston Advisors LLC (0.10%), Navellier & Associates Inc (0.06%), National Investment Services Inc. WI (0.04%) and Louisiana State Employees Retirement System (0.04%). 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.

ELY stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Boston Advisors LLC, Hennessy Advisors Inc., Louisiana State Employees Retirement System and Navellier & Associates Inc. Company insiders that have sold Callaway Golf company stock in the last year include Alex Mitchell Boezeman, Anthony S Thornley, 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 acquired by a variety of institutional investors in the last quarter, including National Investment Services Inc. WI, Meeder Asset Management Inc. and State of Alaska Department of Revenue. 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 $16.98.

Callaway Golf has a market capitalization of $1.60 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.

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]