NYSE:GILGildan Activewear Stock Price, Forecast & News

Gildan Activewear's stock was trading at $19.29 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GIL stock has decreased by 5.1% and is now trading at $18.31.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last year. There are currently 1 sell rating, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Gildan Activewear is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
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Gildan Activewear Inc (NYSE:GIL) released its quarterly earnings results on Thursday, July, 30th. The textile maker reported ($0.99) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by $0.78. The textile maker earned $229.70 million during the quarter, compared to analysts' expectations of $241.40 million. Gildan Activewear had a negative net margin of 10.14% and a positive return on equity of 0.37%. The business's quarterly revenue was down 71.3% on a year-over-year basis. During the same period last year, the business posted $0.56 EPS.
View Gildan Activewear's earnings history.

Gildan Activewear declared a quarterly dividend on Friday, February 21st. Shareholders of record on Thursday, March 12th will be given a dividend of $0.154 per share on Monday, April 6th. This represents a $0.62 annualized dividend and a yield of 3.36%. The ex-dividend date of this dividend is Wednesday, March 11th. This is a positive change from Gildan Activewear's previous quarterly dividend of $0.13.
View Gildan Activewear's dividend history.

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

13 brokers have issued twelve-month price objectives for Gildan Activewear's stock. Their forecasts range from $13.00 to $42.00. On average, they expect Gildan Activewear's stock price to reach $22.50 in the next year. This suggests a possible upside of 22.9% from the stock's current price.
View analysts' price targets for Gildan Activewear.

Media stories about GIL stock have been trending very positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. 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. Gildan Activewear earned a news impact score of 4.0 on InfoTrie's scale. They also assigned news headlines about the textile maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
View the latest news about Gildan Activewear.

Gildan Activewear saw a increase in short interest in July. As of July 31st, there was short interest totaling 6,100,000 shares, an increase of 10.7% from the July 15th total of 5,510,000 shares. Based on an average daily trading volume, of 990,200 shares, the short-interest ratio is currently 6.2 days. Currently, 3.1% of the company's stock are short sold.
View Gildan Activewear's Current Options Chain.

Some companies that are related to Gildan Activewear include LI NING CO LTD/ADR (LNNGY), Columbia Sportswear (COLM), Levi Strauss & Co. (LEVI), Under Armour (UAA), Carter's (CRI), Canada Goose (GOOS), G-III Apparel Group (GIII), Superior Group of Companies (SGC), Jerash Holdings (US) (JRSH), Ever-Glory International Group (EVK), Sequential Brands Group (SQBG), Centric Brands (CTRCQ), Centric Brands (CTRC) and Tandy Brands Accessories (TBACQ).
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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), First Data (FDC), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and Air Canada (AC).

Gildan Activewear trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIL."

Gildan Activewear's stock is owned by many different institutional and retail investors. Top institutional shareholders include Pzena Investment Management LLC (9.41%), Marathon Asset Management LLP (1.16%), Cardinal Capital Management Inc. (1.14%), Swiss National Bank (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.41%) and Galibier Capital Management Ltd. (0.32%).

GIL stock was sold by a variety of institutional investors in the last quarter, including Cardinal Capital Management Inc., Marathon Asset Management LLP, Lapides Asset Management LLC, North Point Portfolio Managers Corp OH, Andra AP fonden, Mn Services Vermogensbeheer B.V., UBS Group AG, and Great Lakes Advisors LLC.

GIL stock was acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Assenagon Asset Management S.A., Galibier Capital Management Ltd., Heritage Wealth Advisors, Zurcher Kantonalbank Zurich Cantonalbank, Candriam Luxembourg S.C.A., Swiss National Bank, and GWM Advisors LLC.

Shares of GIL 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.

One share of GIL stock can currently be purchased for approximately $18.31.

Gildan Activewear has a market capitalization of $3.63 billion and generates $2.82 billion in revenue each year. The textile maker earns $259.81 million in net income (profit) each year or $1.66 on an earnings per share basis. Gildan Activewear employs 53,000 workers across the globe.

The official website for Gildan Activewear is www.gildan.com.

Gildan Activewear's mailing address is 600 BOULEVARD DE MAISONNEUVE OUEST 33RD FLOOR, MONTREAL A8, H3A 3J2. The textile maker can be reached via phone at 514-735-2023 or via email at [email protected]