Gildan Activewear (GIL) Stock Price, News & Analysis

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GIL shares.
View GIL analyst ratings or view top-rated stocks.

10 Wall Street research analysts have issued 12-month price objectives for Gildan Activewear's stock. Their GIL share price targets range from $27.00 to $53.00. On average, they predict the company's share price to reach $39.05 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price.
View analysts price targets for GIL or view top-rated stocks among Wall Street analysts.

Gildan Activewear's stock was trading at $27.40 at the beginning of 2023. Since then, GIL stock has increased by 33.3% and is now trading at $36.52.
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Gildan Activewear saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 5,320,000 shares, a decrease of 12.6% from the October 31st total of 6,090,000 shares. Based on an average trading volume of 498,500 shares, the short-interest ratio is presently 10.7 days. Approximately 3.2% of the shares of the stock are sold short.
View Gildan Activewear's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our GIL earnings forecast.

Gildan Activewear Inc. (NYSE:GIL) announced its quarterly earnings results on Thursday, November, 2nd. The textile maker reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.01. The textile maker earned $869.90 million during the quarter, compared to the consensus estimate of $834.15 million. Gildan Activewear had a trailing twelve-month return on equity of 22.80% and a net margin of 14.81%.

Gildan Activewear declared a quarterly dividend on Wednesday, November 1st. Stockholders of record on Wednesday, November 22nd will be paid a dividend of $0.186 per share on Monday, December 18th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date is Tuesday, November 21st.
Read our dividend analysis for GIL.

Gildan Activewear (NYSE:GIL) pays an annual dividend of $0.74 per share and currently has a dividend yield of 2.00%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIL will have a dividend payout ratio of 25.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GIL.

Gildan Activewear shares split on the morning of Monday, March 30th 2015. The 2-1 split was announced on Wednesday, February 4th 2015. The newly created shares were distributed to shareholders after the market closes on Friday, March 27th 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Gildan Activewear updated its FY23 earnings guidance on Thursday, November, 2nd. The company provided earnings per share (EPS) guidance of $2.55-2.65 for the period, compared to the consensus earnings per share estimate of $2.55.

61 employees have rated Gildan Activewear Chief Executive Officer Glenn J. Chamandy on Glassdoor.com. Glenn J. Chamandy has an approval rating of 83% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gildan Activewear investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Ciena (CIEN), First Data (FDC), Air Canada (AC) and China Unicom (Hong Kong) (CHU).

Gildan Activewear's stock is owned by a variety of retail and institutional investors. Top institutional investors include Pzena Investment Management LLC (6.32%), FMR LLC (4.36%), Cardinal Capital Management Inc. (1.66%), Guardian Capital LP (1.57%), Mackenzie Financial Corp (1.54%) and The Manufacturers Life Insurance Company (1.46%).

Shares of GIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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