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.
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Industry, Sector and Symbol
Industry Sporting & athletic goods, not elsewhere classified
Sub-IndustryLeisure Products
SectorConsumer Discretionary
Phone760-931-1771
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.70 billion
Profitability
Miscellaneous
Employees2,400
Next Earnings Date5/14/2020 (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 declared a quarterly dividend on Monday, February 3rd. Investors of record on Thursday, February 13th will be given a dividend of $0.01 per share on Thursday, March 5th. This represents a $0.04 annualized dividend and a yield of 0.23%. The ex-dividend date is Wednesday, February 12th. View Callaway Golf's Dividend History.
How will Callaway Golf's stock buyback program work?
Callaway Golf announced that its Board of Directors has authorized a stock repurchase plan on Thursday, August 8th 2019, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 5.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.
How were Callaway Golf's earnings last quarter?
Callaway Golf Co (NYSE:ELY) released its quarterly earnings data on Monday, February, 10th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.23) by $0.03. The company earned $312 million during the quarter, compared to the consensus estimate of $305.49 million. Callaway Golf had a net margin of 4.67% and a return on equity of 13.82%. The business's quarterly revenue was up 72.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.32) EPS. View Callaway Golf's Earnings History.
When is Callaway Golf's next earnings date?
What guidance has Callaway Golf issued on next quarter's earnings?
Callaway Golf updated its FY20 earnings guidance on Monday, February, 10th. The company provided EPS guidance of $0.82-0.94 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.21. The company issued revenue guidance of $1.75-1.78 billion, compared to the consensus revenue estimate of $1.78 billion.
What price target have analysts set for ELY?
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 stock price to reach $24.21 in the next year. This suggests a possible upside of 38.4% from the stock's current price. View Analyst Price Targets for Callaway Golf.
What is the consensus analysts' recommendation 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.
Has Callaway Golf been receiving favorable news coverage?
Media coverage about ELY stock has been trending neutral this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Callaway Golf earned a coverage optimism score of 0.2 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Callaway Golf.
Who are some of Callaway Golf's key competitors?
What other stocks do shareholders of Callaway Golf own?
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 Alliancebernstein L.P. (5.04%), Goldman Sachs Group Inc. (2.95%), State Street Corp (2.82%), FMR LLC (1.57%), Loomis Sayles & Co. L P (1.54%) and Peregrine Capital Management LLC (1.37%). Company insiders that own Callaway Golf stock include Alex Mitchell Boezeman, Brian P Lynch, Glenn F Hickey, Mark F Leposky, Oliver G Brewer III, Richard H Arnett and Russell L Fleischer. 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 FMR LLC, Man Group plc, Cooper Creek Partners Management LLC, Baird Financial Group Inc., Platinum Investment Management Ltd., Hancock Whitney Corp, Bank of New York Mellon Corp and Bank of Montreal Can. 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.
Which major investors are buying Callaway Golf stock?
ELY stock was bought by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Driehaus Capital Management LLC, Goldman Sachs Group Inc., California Public Employees Retirement System, WCM Investment Management LLC, Landscape Capital Management L.L.C., Rice Hall James & Associates LLC and Great West Life Assurance Co. Can. 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.
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, Robinhood, Fidelity and Charles Schwab.
What is Callaway Golf's stock price today?
One share of ELY stock can currently be purchased for approximately $17.50.
How big of a company is Callaway Golf?
Callaway Golf has a market capitalization of $1.65 billion and generates $1.70 billion in revenue each year. The company earns $79.41 million in net income (profit) each year or $1.10 on an earnings per share basis. Callaway Golf employs 2,400 workers across the globe.View Additional Information About Callaway Golf.
What is Callaway Golf's official website?
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)
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.
