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 shares have decreased by 19.5% and is now trading at $15.52. View which stocks have been most impacted by Coronavirus.

12 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Gildan Activewear.

Gildan Activewear is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Gildan Activewear.

Gildan Activewear Inc (NYSE:GIL) posted its quarterly earnings results on Wednesday, April, 29th. The textile maker reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.11 by $0.05. The textile maker earned $459.10 million during the quarter, compared to analyst estimates of $481.17 million. Gildan Activewear had a return on equity of 17.38% and a net margin of 5.18%. The firm's revenue was down 26.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.16 EPS. View Gildan Activewear's earnings history.

Gildan Activewear declared a quarterly dividend on Friday, February 21st. Stockholders 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 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date of this dividend is Wednesday, March 11th. This is a boost from Gildan Activewear's previous quarterly dividend of $0.13. View Gildan Activewear's dividend history.

Shares of Gildan Activewear split on the morning of Monday, March 30th 2015. The 2-1 split was announced on Wednesday, February 4th 2015. The newly issued shares were payable 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.

12 equities research analysts have issued 1 year price targets for Gildan Activewear's stock. Their forecasts range from $13.00 to $42.00. On average, they expect Gildan Activewear's share price to reach $23.82 in the next year. This suggests a possible upside of 53.5% from the stock's current price. View analysts' price targets for Gildan Activewear.

Headlines about GIL stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gildan Activewear earned a news sentiment score of -1.3 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 media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Gildan Activewear.

Gildan Activewear saw a increase in short interest in June. As of June 15th, there was short interest totaling 5,680,000 shares, an increase of 5.2% from the May 31st total of 5,400,000 shares. Based on an average daily trading volume, of 1,460,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.9% of the shares of the company 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), Levi Strauss & Co. (LEVI), Columbia Sportswear (COLM), Under Armour (UAA), Carter's (CRI), Canada Goose (GOOS), G-III Apparel Group (GIII), Superior Group of Companies (SGC), Jerash Holdings (US) (JRSH), Sequential Brands Group (SQBG), Ever-Glory International Group (EVK), Centric Brands (CTRC), Centric Brands (CTRCQ) and Tandy Brands Accessories (TBACQ). View all competitors.

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 a variety of institutional and retail investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%).

GIL stock was purchased by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group 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 $15.52.

Gildan Activewear has a market capitalization of $3.08 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]