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 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 annualized dividend and a yield of 0.17%. The ex-dividend date of this dividend is Friday, August 10th. View Callaway Golf's Dividend History.

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

Callaway Golf Co (NYSE:ELY) posted its earnings results on Thursday, August, 2nd. The company reported $0.63 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.16. The business had revenue of $396.31 million for the quarter, compared to analysts' expectations of $371.30 million. Callaway Golf had a return on equity of 16.39% and a net margin of 8.70%. The firm'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 EPS. View Callaway Golf's Earnings History.

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

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.

13 Wall Street analysts have issued 1-year target prices for Callaway Golf's stock. Their forecasts range from $16.00 to $25.00. On average, they expect Callaway Golf's stock price to reach $21.6364 in the next year. This suggests that the stock has a possible downside of 7.9%. 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 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callaway Golf.

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).

Callaway Golf's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.81%), Dimensional Fund Advisors LP (7.68%), FMR LLC (4.11%), Glenmede Trust Co. NA (2.86%), Northern Trust Corp (2.31%) and Millennium Management LLC (2.01%). 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, 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 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.

ELY stock was acquired 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.

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 $23.48.

Callaway Golf has a market capitalization of $2.14 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]