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 declared a quarterly dividend on Wednesday, November 7th. Stockholders of record on Wednesday, November 21st will be given a dividend of $0.01 per share on Wednesday, December 12th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date is Tuesday, November 20th. View Callaway Golf's Dividend History.

Callaway Golf announced that its Board of Directors has approved a stock 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 purchase up to 3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

Callaway Golf Co (NYSE:ELY) announced its quarterly earnings results on Wednesday, October, 24th. The company reported $0.10 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.01 by $0.09. The firm earned $262.65 million during the quarter, compared to analyst estimates of $250.83 million. Callaway Golf had a return on equity of 16.48% and a net margin of 9.08%. View Callaway Golf's Earnings History.

Callaway Golf is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for Callaway Golf.

Callaway Golf updated its FY18 earnings guidance on Wednesday, October, 24th. The company provided earnings per share (EPS) guidance of $1.01-1.05 for the period, compared to the Thomson Reuters consensus estimate of $1.01. The company issued revenue guidance of $1230-1240, compared to the consensus revenue estimate of $1.23 billion.Callaway Golf also updated its FY 2018 guidance to $1.01-1.05 EPS.

12 brokers have issued 1-year price objectives for Callaway Golf's shares. Their predictions range from $17.00 to $30.00. On average, they anticipate Callaway Golf's stock price to reach $22.7273 in the next year. This suggests a possible upside of 34.0% from the stock's current price. View Analyst Price Targets for Callaway Golf.

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

Media coverage about ELY stock has trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Callaway Golf earned a news impact score of 1.2 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Some companies that are related to Callaway Golf include SPORTS DIRECT I/ADR (SDISY), Acushnet (GOLF), Yeti (YETI), Johnson Outdoors (JOUT), Nautilus (NLS), Clarus (CLAR) and Escalade (ESCA).

Callaway Golf's stock is owned by a number of of retail and institutional investors. Top institutional investors include Copper Rock Capital Partners LLC (1.03%), Hennessy Advisors Inc. (0.22%), Boston Advisors LLC (0.10%), Navellier & Associates Inc (0.06%), National Investment Services Inc. WI (0.04%) and Louisiana State Employees Retirement System (0.04%). 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, Boston Advisors LLC, Hennessy Advisors Inc., Louisiana State Employees Retirement System and Navellier & Associates Inc. Company insiders that have sold Callaway Golf company stock in the last year include Alex Mitchell Boezeman, Anthony S Thornley, Brian P Lynch, Mark F Leposky, Neil Howie, Oliver G Brewer III and Richard H Arnett. View Insider Buying and Selling for Callaway Golf.

ELY stock was purchased by a variety of institutional investors in the last quarter, including National Investment Services Inc. WI, Meeder Asset Management Inc. and State of Alaska Department of Revenue. 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 $16.96.

Callaway Golf has a market capitalization of $1.56 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]