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 (WHO). Since then, GIL shares have decreased by 18.4% and is now trading at $15.75. 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) released its quarterly earnings data on Wednesday, April, 29th. The textile maker reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.05. The textile maker had revenue of $459.10 million for the quarter, compared to the consensus estimate of $481.17 million. Gildan Activewear had a return on equity of 17.38% and a net margin of 5.18%. The business's revenue for the quarter was down 26.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.16 earnings per share. 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 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date is Wednesday, March 11th. This is a boost from Gildan Activewear's previous quarterly dividend of $0.13. View Gildan Activewear's dividend history.

Gildan Activewear shares 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 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 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 stock price to reach $23.82 in the next year. This suggests a possible upside of 51.2% from the stock's current price. View analysts' price targets for Gildan Activewear.

Headlines about GIL stock have trended negative on Tuesday, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Gildan Activewear earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave news coverage about the textile maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact 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 during the month of 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 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 stock are sold short. 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), Ever-Glory International Group (EVK), Sequential Brands Group (SQBG), 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 many different retail and institutional investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.01%).

GIL stock was bought 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 $15.75.

Gildan Activewear has a market capitalization of $3.12 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]