Gildan Activewear Stock Price, News & Analysis (NYSE:GIL)

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

10 brokers have issued 12-month price objectives for Gildan Activewear's shares. Their GIL share price targets range from $27.00 to $53.00. On average, they predict the company's stock price to reach $39.05 in the next year. This suggests a possible upside of 5.3% 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 the year. Since then, GIL stock has increased by 35.3% and is now trading at $37.07.
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Gildan Activewear saw a decrease in short interest in 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 daily volume of 498,500 shares, the short-interest ratio is presently 10.7 days. Approximately 3.2% of the company's shares are sold short.
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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) issued its earnings results on Thursday, November, 2nd. The textile maker reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.01. The textile maker had revenue of $869.90 million for the quarter, compared to analyst estimates 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. Investors of record on Wednesday, November 22nd will be given a dividend of $0.186 per share on Monday, December 18th. This represents a $0.74 annualized dividend and a yield of 2.01%. The ex-dividend date of this dividend 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.

Shares of Gildan Activewear split before market open on Monday, March 30th 2015. The 2-1 split was announced on Wednesday, February 4th 2015. The newly minted shares were distributed to shareholders after the closing bell 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 issued an update on its FY23 earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $2.55-2.65 for the period, compared to the consensus 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 many different retail and institutional investors. Top institutional shareholders 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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