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

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

Callaway Golf declared a quarterly dividend on Friday, November 22nd. Investors of record on Wednesday, December 4th will be given a dividend of $0.01 per share on Thursday, December 19th. This represents a $0.04 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date is Tuesday, December 3rd. View Callaway Golf's Dividend History.

Callaway Golf declared that its board has approved a share repurchase program on Thursday, August 8th 2019, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 5.9% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued.

Callaway Golf Co (NYSE:ELY) issued its earnings results on Wednesday, October, 30th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.13. The business earned $426 million during the quarter, compared to analysts' expectations of $420.43 million. Callaway Golf had a net margin of 5.10% and a return on equity of 13.17%. The company's revenue was up 62.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.10 EPS. View Callaway Golf's Earnings History.

Callaway Golf is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Callaway Golf.

Callaway Golf updated its FY19 earnings guidance on Wednesday, October, 30th. The company provided earnings per share (EPS) guidance of $1.06-1.12 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.08. The company issued revenue guidance of $1.685-1.700 billion, compared to the consensus revenue estimate of $1.70 billion.

7 Wall Street analysts have issued 1-year target prices for Callaway Golf's shares. Their forecasts range from $19.00 to $30.00. On average, they expect Callaway Golf's share price to reach $23.21 in the next year. This suggests a possible upside of 6.6% from the stock's current price. View Analyst Price Targets for Callaway Golf.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Callaway Golf in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Callaway Golf.

Media stories about ELY stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of 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 five, with scores nearest to five being the most favorable. Callaway Golf earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Callaway Golf.

Some companies that are related to Callaway Golf include Hasbro (HAS), Polaris Industries (PII), Mattel (MAT), Brunswick (BC), Sturm Ruger & Company Inc (RGR), Johnson Outdoors (JOUT), American Outdoor Brands (AOBC), Marine Products (MPX) and JAKKS Pacific (JAKK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Callaway Golf investors own include AbbVie (ABBV), Chevron (CVX), NVIDIA (NVDA), Home Depot (HD), Cisco Systems (CSCO), Paypal (PYPL), Walt Disney (DIS), Advanced Micro Devices (AMD), UnitedHealth Group (UNH) and Marvell Technology Group (MRVL).

Callaway Golf's stock is owned by many different of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (1.37%), Copper Rock Capital Partners LLC (1.16%), State of Alaska Department of Revenue (0.08%), Louisiana State Employees Retirement System (0.03%), Janney Montgomery Scott LLC (0.02%) and We Are One Seven LLC (0.02%). Company insiders that own Callaway Golf stock include Alex Mitchell Boezeman, Anthony S Thornley, Brian P Lynch, Glenn F Hickey, Mark F Leposky, Neil Howie, Oliver G Brewer III, Richard H Arnett and Russell L Fleischer. View Institutional Ownership Trends for Callaway Golf.

ELY stock was sold by a variety of institutional investors in the last quarter, including AE Wealth Management LLC, Copper Rock Capital Partners LLC, Louisiana State Employees Retirement System, State of Alaska Department of Revenue and We Are One Seven LLC. Company insiders that have sold Callaway Golf company stock in the last year include Glenn F Hickey 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 Peregrine Capital Management LLC, FNY Investment Advisers LLC, Wealthstreet Investment Advisors LLC, Advisors Preferred LLC and Janney Montgomery Scott LLC. Company insiders that have bought Callaway Golf stock in the last two years include Brian P Lynch, Oliver G Brewer III and Russell L Fleischer. 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, Robinhood, Fidelity and Charles Schwab.

One share of ELY stock can currently be purchased for approximately $21.77.

Callaway Golf has a market capitalization of $2.05 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 2,400 workers across the globe.View Additional Information About Callaway Golf.

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]