About Callaway Golf (NYSE:ELY)
Callaway Golf Company designs, manufactures and sells golf clubs, golf balls, golf bags and other golf-related accessories. The Company has two segments: the golf clubs segment and golf balls segment. The golf clubs segment consists of its woods, hybrids, irons and wedges, and Odyssey putters. This segment also includes other golf-related accessories, royalties from licensing of its trademarks and service marks and sales of pre-owned golf clubs. The golf balls segment consists of Callaway Golf and Strata balls that are designed, manufactured and sold by the Company. It sells its products to retailers, directly and through its subsidiaries, and to third-party distributors. It sells pre-owned golf products through its Website, www.callawaygolfpreowned.com. In addition, it sells Callaway Golf and Odyssey products, including Toulon Design by Odyssey, directly to consumers through its Websites, www.callawaygolf.com and www.odysseygolf.com.
Industry, Sector and Symbol
Industry Sporting & Outdoor Goods
SectorCyclical Consumer Goods & Services
Trailing P/E Ratio36.8095238095238
Forward P/E Ratio22.41
Sales & Book Value
Annual Sales$1.05 billion
Price / Sales1.39
Cash Flow$0.75 per share
Price / Cash20.68
Book Value$6.97 per share
Price / Book2.22
Net Income$40.80 million
Return on Equity7.85%
Return on Assets5.61%
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 declared a quarterly dividend on Wednesday, January 31st. Stockholders of record on Wednesday, February 14th will be given a dividend of $0.01 per share on Wednesday, March 7th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date of this dividend is Tuesday, February 13th. View Callaway Golf's Dividend History.
How were Callaway Golf's earnings last quarter?
Callaway Golf Co (NYSE:ELY) issued its earnings results on Wednesday, February, 7th. The company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.02. The company earned $192 million during the quarter, compared to analyst estimates of $184.74 million. Callaway Golf had a return on equity of 7.85% and a net margin of 3.89%. The company's revenue for the quarter was up 17.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.09) EPS. View Callaway Golf's Earnings History.
When will Callaway Golf make its next earnings announcement?
What guidance has Callaway Golf issued on next quarter's earnings?
Callaway Golf updated its FY18 earnings guidance on Wednesday, February, 7th. The company provided EPS guidance of $0.64-$0.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.64. The company issued revenue guidance of $1.115-$1.135 billion, compared to the consensus revenue estimate of $1.12 billion.Callaway Golf also updated its Q1 guidance to $0.48-$0.52 EPS.
Where is Callaway Golf's stock going? Where will Callaway Golf's stock price be in 2018?
16 brokerages have issued 12 month price objectives for Callaway Golf's stock. Their forecasts range from $14.00 to $21.00. On average, they anticipate Callaway Golf's share price to reach $16.51 in the next year. View Analyst Ratings for Callaway Golf.
What are Wall Street analysts saying about Callaway Golf stock?
Here are some recent quotes from research analysts about Callaway Golf stock:
- 1. According to Zacks Investment Research, "Callaway Golf is renowned for developing innovative products that help golfers hit longer and straighter shots from tee to green; controlled, higher-spinning shots around the green; and smooth, accurate putts. The long list of legendary Callaway products introduced across the past three decades is long, punctuated by the iconic Big Bertha driver and the Great Big Bertha driver, which Golf Digest named the greatest club of all time for its combination of innovation, performance and lasting impact on the golf equipment landscape. Huge number of tournaments, including numerous Major Championships, have been won by Tour pros playing Callaway equipment. Callaway Golf consists of four powerful brands - Callaway, Odyssey, Toulon Design and OGIO - that together offer golfers all over the world everything they need - clubs, balls, bags, apparel, footwear, bags, accessories - to play better and enjoy the game more. " (2/20/2018)
- 2. Imperial Capital analysts commented, "Golf Datatech recently released February U.S. retail market share data. While February is not a major month, Callaway did show strong share growth. In woods, ELY grew share 1590bp year-over-year (yoy) to 36.2%. In balls and irons ELY earned 14.6% and 25.8%, respectively, versus 12.0% and 22.5% yoy. Callaway lost share in the much smaller wedges and putters categories. We calculate significant growth in overall hard-goods share. Also positive, while golf retail sales were relatively flat yoy, per unit pricing grew in every category." (3/21/2017)
- 3. Pacific Crest analysts commented, "We are increasingly positive on ELY following recent channel checks as well as Golf Datatech data, which points to very strong sell-through of its Epic driver and fairway woods. We believe the impressive Epic performance is not fully reflected in the current share price and we would be buyers at current levels. To that end, we are increasing our 1Q17 revenue and earnings estimates and believe there is solid upside potential to current consensus numbers for 2017. As such, we would be buyers of shares at current levels and maintain our OW rating and $16 PT." (3/21/2017)
Who are some of Callaway Golf's key competitors?
Some companies that are related to Callaway Golf include Howden Joinery Group (HWDN), Carvana (CVNA), William Hill (WMH), World Wrestling Entertainment (WWE), GVC (GVC), Lithia Motors (LAD), Taylor Morrison Home (TMHC), Polypore International (PPO), Simpson Manufacturing (SSD), KB Home (KBH), National Vision (EYE), MakeMyTrip (MMYT), Eldorado Resorts (ERI), TRI Pointe Group (TPH), Jack in the Box (JACK), Etsy (ETSY), Penn National Gaming (PENN) and Steven Madden (SHOO).
Who are Callaway Golf's key executives?
Callaway Golf's management team includes the folowing people:
- Ronald S. Beard, Independent Chairman of the Board (Age 78)
- Oliver G. Brewer III, President, Chief Executive Officer, Director (Age 53)
- Brian P. Lynch, Chief Financial Officer, Senior Vice President, General Counsel, Corporate Secretary (Age 55)
- Alex Mitchell Boezeman, President, East Asia (Age 57)
- Richard H. Arnett, Senior Vice President - Global Marketing (Age 46)
- Alan Hocknell, Senior Vice President - Research and Development (Age 45)
- Mark F. Leposky, Senior Vice President - Global Operations (Age 52)
- Neil Howie, Managing Director - Europe, Middle East and Africa (Age 54)
- Samuel H. Armacost, Independent Director (Age 77)
- John C. Cushman III, Independent Director (Age 76)
Who owns Callaway Golf stock?
Callaway Golf's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.77%), Glenmede Trust Co. NA (3.38%), Millennium Management LLC (2.64%), Copper Rock Capital Partners LLC (2.57%), Bank of New York Mellon Corp (1.58%) and Wells Fargo & Company MN (1.36%). 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.
Who sold Callaway Golf stock? Who is selling Callaway Golf stock?
Callaway Golf's stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Renaissance Technologies LLC, Deutsche Bank AG, Hodges Capital Management Inc., Monarch Partners Asset Management LLC, Algert Global LLC, Thrivent Financial For Lutherans and Two Sigma Advisers LP. 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, Richard H Arnett and Stephen Kenwood. View Insider Buying and Selling for Callaway Golf.
Who bought Callaway Golf stock? Who is buying Callaway Golf stock?
Callaway Golf's stock was purchased by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Glenmede Trust Co. NA, Copper Rock Capital Partners LLC, Assenagon Asset Management S.A., BlackRock Inc., Gotham Asset Management LLC, Mackenzie Financial Corp and potrero capital research llc. View Insider Buying and Selling for Callaway Golf.
How do I buy Callaway Golf stock?
Shares of Callaway Golf 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 Callaway Golf stock can currently be purchased for approximately $15.46.
How big of a company is Callaway Golf?
Callaway Golf has a market capitalization of $1.46 billion and generates $1.05 billion in revenue each year. The company earns $40.80 million in net income (profit) each year or $0.42 on an earnings per share basis. Callaway Golf employs 1,700 workers across the globe.
How can I contact Callaway Golf?
Callaway Golf's mailing address is 2180 RUTHERFORD RD, CARLSBAD, CA 92008-8815, United States. The company can be reached via phone at +1-760-9311771 or via email at [email protected]
MarketBeat Community Rating for Callaway Golf (ELY)MarketBeat's community ratings are surveys of what our community members think about Callaway Golf and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Callaway Golf (NYSE:ELY) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.69||2.63||2.71||2.69|
|Ratings Breakdown: ||0 Sell Rating(s)|
5 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
4 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$16.51||$15.88||$15.56||$14.98|
|Price Target Upside: ||11.76% upside||13.30% upside||13.59% upside||12.79% upside|
Callaway Golf (NYSE:ELY) Consensus Price Target History
Callaway Golf (NYSE:ELY) Analyst Ratings History
(Data available from 2/21/2016 forward)
Callaway Golf (NYSE:ELY) Earnings History and Estimates Chart
Callaway Golf (NYSE ELY) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/7/2018||After Market||($0.17)||($0.15)||$184.74 million||$192.00 million||View||N/A|
|10/25/2017||Q3 2017||($0.04)||$0.05||$209.52 million||$243.60 million||View||N/A|
|8/3/2017||Q2 2017||$0.29||$0.34||$295.70 million||$304.50 million||View||Listen|
|5/4/2017||Q1 2017||$0.22||$0.30||$283.68 million||$309.00 million||View||Listen|
|2/2/2017||Q416||($0.17)||($0.18)||$170.87 million||$164.00 million||View||Listen|
|11/3/2016||Q316||($0.12)||($0.06)||$177.39 million||$188.00 million||View||Listen|
|7/27/2016||Q216||$0.30||$0.36||$242.49 million||$245.60 million||View||Listen|
|4/27/2016||Q116||$0.38||$0.40||$280.86 million||$274.10 million||View||Listen|
|2/4/2016||Q415||($0.36)||($0.33)||$148.43 million||$153.00 million||View||Listen|
|10/21/2015||Q315||($0.08)||($0.04)||$169.74 million||$175.78 million||View||Listen|
|7/29/2015||Q2||$0.10||$0.15||$235.63 million||$231.00 million||View||Listen|
|4/23/2015||Q115||$0.28||$0.39||$303.18 million||$284.00 million||View||Listen|
|1/29/2015||Q414||($0.56)||($0.54)||$138.90 million||$135.00 million||View||Listen|
|10/23/2014||Q314||($0.27)||($0.01)||$160.50 million||$169.00 million||View||Listen|
|7/24/2014||Q214||$0.06||$0.04||$246.51 million||$232.00 million||View||Listen|
|4/23/2014||Q114||$0.44||$0.61||$314.15 million||$351.87 million||View||Listen|
|1/29/2014||Q413||($0.32)||($0.34)||$122.09 million||$127.00 million||View||Listen|
|10/24/2013||Q313||($0.28)||($0.18)||$152.63 million||$178.00 million||View||Listen|
|7/25/2013||Q2 2013||$0.11||$0.12||$253.20 million||$250.00 million||View||Listen|
|4/25/2013||Q1 2013||$0.21||$0.33||$283.36 million||$288.00 million||View||Listen|
|1/30/2013||Q4 2012||($0.50)||($0.49)||$124.08 million||$118.00 million||View||Listen|
Callaway Golf (NYSE:ELY) Earnings Estimates
2018 EPS Consensus Estimate: $0.67
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Callaway Golf (NYSE:ELY) Dividend Information
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||9.52% (Trailing 12 Months of Earnings) |
5.80% (Based on This Year's Estimates)
5.06% (Based on Next Year's Estimates)
Callaway Golf (NYSE:ELY) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Callaway Golf (NYSE ELY) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.59%
Institutional Ownership Percentage: 88.49%
Callaway Golf (NYSE ELY) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/15/2018||Neil Howie||Insider||Sell||68,824||$15.76||$1,084,666.24||133,001|| |
|2/12/2018||Anthony S Thornley||Director||Sell||10,000||$15.14||$151,400.00||35,034|| |
|2/9/2018||Brian P Lynch||SVP||Sell||25,911||$14.84||$384,519.24||31,599|| |
|2/8/2018||Neil Howie||Insider||Sell||24,838||$15.75||$391,198.50||95,803|| |
|12/21/2017||Alex Mitchell Boezeman||Insider||Sell||16,738||$15.31||$256,258.78||120,873|| |
|11/10/2017||Richard H Arnett||SVP||Sell||8,070||$14.01||$113,060.70||5,000|| |
|11/1/2017||Anthony S Thornley||Director||Sell||7,000||$14.40||$100,800.00||47,034|| |
|10/26/2017||Brian P Lynch||SVP||Sell||6,277||$15.42||$96,791.34||46,184|| |
|10/26/2017||Jennifer L Thomas||Insider||Sell||8,503||$14.95||$127,119.85||28,143|| |
|8/31/2017||Jennifer L Thomas||Insider||Sell||19,349||$13.90||$268,951.10||30,189|| |
|8/31/2017||Mark F Leposky||VP||Sell||31,691||$14.00||$443,674.00||68,343|| |
|8/30/2017||Alan Hocknell||SVP||Sell||41,051||$13.75||$564,451.25||73,227|| |
|8/4/2017||Alan Hocknell||SVP||Sell||57,138||$13.30||$759,935.40||115,045|| |
|8/4/2017||Oliver G Brewer III||Insider||Sell||131,884||$13.31||$1,755,376.04||291,399|| |
|5/11/2017||Neil Howie||Insider||Sell||37,069||$13.10||$485,603.90|| |
|5/8/2017||Anthony S Thornley||Director||Sell||10,698||$12.75||$136,399.50||49,790|| |
|5/8/2017||Richard H Arnett||SVP||Sell||30,204||$12.68||$382,986.72||13,070|| |
|5/5/2017||Alan Hocknell||SVP||Sell||29,931||$13.30||$398,082.30||87,838|| |
|4/18/2017||Alex Mitchell Boezeman||Insider||Sell||200,820||$11.75||$2,359,635.00||158,950|| |
|4/17/2017||Alan Hocknell||SVP||Sell||10,759||$11.60||$124,804.40||57,907|| |
|4/17/2017||Alex Mitchell Boezeman||Director||Sell||54,810||$11.75||$644,017.50||158,950|| |
|3/21/2017||Alan Hocknell||SVP||Sell||100||$11.60||$1,160.00||68,666|| |
|3/21/2017||Neil Howie||Insider||Sell||70,089||$11.50||$806,023.50||90,173|| |
|2/5/2016||Brian P. Lynch||SVP||Sell||16,584||$9.52||$157,879.68||20,391|| |
|10/23/2015||Brian P. Lynch||SVP||Sell||90,046||$9.68||$871,645.28||11,394|| |
|4/28/2015||Bradley J Holiday||CFO||Sell||59,518||$10.05||$598,155.90|| |
|4/20/2015||Alan Hocknell||SVP||Sell||70,950||$9.95||$705,952.50|| |
|3/23/2015||Alan Hocknell||SVP||Sell||28,142||$9.25||$260,313.50|| |
|2/12/2015||Bradley J Holiday||CFO||Sell||58,046||$8.57||$497,454.22|| |
|7/21/2014||Alan Hocknell||SVP||Sell||4,169||$8.75||$36,478.75|| |
|10/28/2013||Bradley J Holiday||CFO||Sell||98,495||$8.95||$881,530.25|| |
|10/25/2013||Bradley J Holiday||CFO||Sell||41,051||$8.75||$359,196.25|| |
|8/6/2013||Alex Mitchell Boezeman||Director||Sell||5,000||$7.12||$35,600.00||16,882|| |
|2/25/2013||Mark F Leposky||VP||Buy||14,326||$7.01||$100,425.26|| |
|2/1/2013||Ronald S Beard||Director||Buy||5,000||$6.57||$32,850.00|| |
|10/31/2012||Oliver G Brewer III||CEO||Buy||20,000||$5.50||$110,000.00|| |
|8/30/2012||Mark F Leposky||VP||Buy||17,365||$5.75||$99,848.75|| |
Callaway Golf (NYSE ELY) News Headlines
Callaway Golf (NYSE:ELY) SEC Filings
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Callaway Golf (NYSE:ELY) Income Statement, Balance Sheet and Cash Flow Statement
Callaway Golf (NYSE ELY) Stock Chart for Wednesday, February, 21, 2018