NYSE:GILGildan Activewear Stock Price, Forecast & News

Gildan Activewear's stock was trading at $19.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GIL shares have decreased by 27.9% and is now trading at $13.91. 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 data on Wednesday, April, 29th. The textile maker reported $0.06 EPS for the quarter, missing analysts' consensus estimates 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 company's revenue was down 26.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.16 EPS. View Gildan Activewear's earnings history.

Gildan Activewear announced 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 annualized dividend and a yield of 4.43%. The ex-dividend date of this dividend is Wednesday, March 11th. This is an increase from Gildan Activewear's previous quarterly dividend of $0.13. View Gildan Activewear's dividend history.

Gildan Activewear's stock split on Monday, March 30th 2015. The 2-1 split was announced on Wednesday, February 4th 2015. The newly issued 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.

12 brokerages have issued twelve-month price targets for Gildan Activewear's shares. Their forecasts range from $13.00 to $42.00. On average, they anticipate Gildan Activewear's stock price to reach $23.82 in the next twelve months. This suggests a possible upside of 71.2% from the stock's current price. View analysts' price targets for Gildan Activewear.

News coverage about GIL stock has trended somewhat negative this week, InfoTrie reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 -1.4 on InfoTrie's scale. They also assigned news articles about the textile maker a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutGildan Activewear.

Some companies that are related to Gildan Activewear include 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), LI NING CO LTD/ADR (LNNGY) 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 many different retail and institutional investors. Top institutional investors include Pzena Investment Management LLC (6.92%), Janus Henderson Group PLC (5.07%), Guardian Capital LP (1.78%), EdgePoint Investment Group Inc. (1.43%), Cardinal Capital Management Inc. (1.23%) and Marathon Asset Management LLP (1.18%).

GIL stock was sold by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, 1832 Asset Management L.P., 1832 Asset Management L.P., APG Asset Management N.V., APG Asset Management N.V., Toronto Dominion Bank, Mackenzie Financial Corp, and Guardian Capital LP.

GIL stock was purchased by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, BlackRock Inc., Two Sigma Investments LP, Morgan Stanley, Morgan Stanley, Deutsche Bank AG, EdgePoint Investment Group Inc., and Schroder Investment Management Group.

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 $13.91.

Gildan Activewear has a market capitalization of $2.76 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]