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

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$15.86 -0.04 (-0.25 %)
(As of 03/26/2019 04:00 PM ET)
Previous Close$15.90
Today's Range$15.70 - $16.10
52-Week Range$14.44 - $24.67
Volume933,800 shs
Average Volume1.06 million shs
Market Capitalization$1.50 billion
P/E Ratio14.82
Dividend Yield0.25%
Beta1.05
Callaway Golf Company, together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories. The company operates through three segments: Golf Clubs; Golf Balls; and Gear, Accessories and Other. The Golf Clubs segment provides golf drivers and fairway woods, hybrids, irons and wedges, putters, packaged sets, and pre-owned golf clubs. The Golf Balls segment designs, manufactures, and sells golf balls. The Gear, Accessories and Other segment offers golf apparel and footwear, headwear, and other lifestyle and golf-related apparel products, as well as golf bags, golf gloves, travel gears, gears, personal storage gears, and accessories. 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. The company was founded in 1982 and is based in Carlsbad, California.

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Industry, Sector and Symbol

Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryLeisure Products
SectorConsumer Discretionary
CUSIP13119310
Phone760-931-1771

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Cash Flow$1.3217 per share
Book Value$7.77 per share

Profitability

Net Income$104.74 million

Miscellaneous

Employees2,400
Market Cap$1.50 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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 Friday, February 1st. Stockholders of record on Thursday, February 14th will be given a dividend of $0.01 per share on Thursday, March 7th. This represents a $0.04 annualized dividend and a dividend yield of 0.25%. The ex-dividend date is Wednesday, February 13th. View Callaway Golf's Dividend History.

How will Callaway Golf's stock buyback program work?

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

How were Callaway Golf's earnings last quarter?

Callaway Golf Co (NYSE:ELY) announced its quarterly earnings results on Wednesday, February, 6th. The company reported ($0.32) EPS for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.32). The firm had revenue of $181 million for the quarter, compared to analysts' expectations of $176.35 million. Callaway Golf had a return on equity of 14.01% and a net margin of 8.43%. The company's revenue was down 5.7% on a year-over-year basis. During the same period in the previous year, the company posted ($0.15) 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 Thursday, April 25th 2019. View Earnings Estimates for Callaway Golf.

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

Callaway Golf issued an update on its FY19 earnings guidance on Wednesday, February, 6th. The company provided earnings per share guidance of $0.93-1.03 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.06. The company issued revenue guidance of $1.67-1.70 billion, compared to the consensus revenue estimate of $1.67 billion.Callaway Golf also updated its FY 2019 guidance to $0.93-1.03 EPS.

What price target have analysts set for ELY?

13 Wall Street analysts have issued 1-year price targets for Callaway Golf's shares. Their predictions range from $17.00 to $30.00. On average, they expect Callaway Golf's share price to reach $22.5833 in the next twelve months. This suggests a possible upside of 42.4% from the stock's current price. View Analyst Price Targets for Callaway Golf.

What is the consensus analysts' recommendation for Callaway Golf?

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

Has Callaway Golf been receiving favorable news coverage?

Headlines about ELY stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Callaway Golf earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.

Who are some of Callaway Golf's key competitors?

What other stocks do shareholders of Callaway Golf own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Callaway Golf investors own include General Electric (GE), Mattel (MAT), Twitter (TWTR), General Motors (GM), Ultra Clean (UCTT), Walt Disney (DIS), Alibaba Group (BABA), Micron Technology (MU), Paypal (PYPL) and Advanced Micro Devices (AMD).

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 55)
  • Mr. Brian P. Lynch, Exec. VP & CFO (Age 57)
  • Mr. Mark F. Leposky, Exec. VP of Global Operations (Age 54)
  • Mr. Richard Harry Arnett, Exec. VP of Global Marketing & Callaway Brands (Age 48)
  • Dr. Alan Hocknell, Sr. VP of R&D (Age 47)

Who are Callaway Golf's major shareholders?

Callaway Golf's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.07%), Dimensional Fund Advisors LP (7.34%), FMR LLC (4.03%), Northern Trust Corp (2.25%), Norges Bank (1.59%) and Bank of New York Mellon Corp (1.39%). 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, Russell L Fleischer 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 Millennium Management LLC, Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp, Copper Rock Capital Partners LLC, Boston Advisors LLC, Assenagon Asset Management S.A., Dimensional Fund Advisors LP and Hsbc Holdings PLC. Company insiders that have sold Callaway Golf company stock in the last year include Alex Mitchell Boezeman, Mark F Leposky, 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 Norges Bank, Oregon Public Employees Retirement Fund, Rothschild & Co. Asset Management US Inc., Gotham Asset Management LLC, American Century Companies Inc., ClariVest Asset Management LLC, Eagle Asset Management Inc. and Robeco Institutional Asset Management B.V.. 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 $15.86.

How big of a company is Callaway Golf?

Callaway Golf has a market capitalization of $1.50 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.

What is Callaway Golf's official website?

The official website for Callaway Golf is http://www.callawaygolf.com.

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 [email protected]


MarketBeat Community Rating for Callaway Golf (NYSE ELY)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  493 (Vote Outperform)
Underperform Votes:  299 (Vote Underperform)
Total Votes:  792
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 3/26/2019 by MarketBeat.com Staff

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