Top-Rated Dividend Stocks NYSE:GIL Gildan Activewear - GIL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Gildan Activewear Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $32.12 +0.16 (+0.50%) (As of 03/28/2023 04:33 PM ET) Add Compare Share Share Today's Range$31.80▼$32.2450-Day Range$28.66▼$33.6652-Week Range$25.67▼$39.91Volume384,532 shsAverage Volume597,041 shsMarket Capitalization$5.77 billionP/E Ratio10.96Dividend Yield2.33%Price Target$41.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Gildan Activewear MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside29.2% Upside$41.50 Price TargetShort InterestBearish2.35% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-4.38Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth9.39%From $3.09 to $3.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.52 out of 5 starsConsumer Discretionary Sector87th out of 264 stocksApparel, Finished Products From Fabrics & Similar Materials Industry7th out of 13 stocks 3.4 Analyst's Opinion Consensus RatingGildan Activewear has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $41.50, Gildan Activewear has a forecasted upside of 29.2% from its current price of $32.13.Amount of Analyst CoverageGildan Activewear has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.35% of the float of Gildan Activewear has been sold short.Short Interest Ratio / Days to CoverGildan Activewear has a short interest ratio ("days to cover") of 6.9.Change versus previous monthShort interest in Gildan Activewear has recently increased by 7.59%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldGildan Activewear pays a meaningful dividend of 2.34%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthGildan Activewear has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Gildan Activewear is 25.60%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Gildan Activewear will have a dividend payout ratio of 22.19% next year. This indicates that Gildan Activewear will be able to sustain or increase its dividend. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGildan Activewear has received a 0.35% net impact score from Upright. Gildan Activewear seems to create the most significant positive value in categories "Jobs", "Taxes", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Synthetic fibre sports pants", "Synthetic fibre sports shorts", "Synthetic fibre sports shirts", and "Synthetic fibre sports coats" products. See details.Environmental SustainabilityThe Environmental Impact score for Gildan Activewear is -4.38. Previous Next 1.9 News and Social Media Coverage News SentimentGildan Activewear has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 1 news article for Gildan Activewear this week, compared to 2 articles on an average week.Search Interest5 people have searched for GIL on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Gildan Activewear to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gildan Activewear insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.99% of the stock of Gildan Activewear is held by insiders.Percentage Held by Institutions75.07% of the stock of Gildan Activewear is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Gildan Activewear are expected to grow by 9.39% in the coming year, from $3.09 to $3.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gildan Activewear is 10.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Gildan Activewear is 10.97, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 13.70.Price to Earnings Growth RatioGildan Activewear has a PEG Ratio of 1.15. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGildan Activewear has a P/B Ratio of 3.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Gildan Activewear (NYSE:GIL) StockGildan Activewear, Inc. is engaged in the manufacturing and sale of printwear and branded apparel. Its products include activewear, underwear, socks, hosiery, and legwear. The firm operates under the brand name Gildan, Alstyle, American Apparel, Comfort Colors, GOLD TOE, Anvil, Secret, Silks, and Peds. The company was founded by Glenn J. Chamandy and H. Gregory Chamandy on May 8, 1984 and is headquartered in Montreal, Canada.Read More Receive GIL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gildan Activewear and its competitors with MarketBeat's FREE daily newsletter. Email Address GIL Stock News HeadlinesMarch 23, 2023 | seekingalpha.comGIL Gildan Activewear Inc.March 21, 2023 | finance.yahoo.comInvestors Shouldn't Overlook Gildan Activewear's (TSE:GIL) Impressive Returns On CapitalMarch 28, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 20, 2023 | marketwatch.comUncovering Hidden Opportunities in the Hosiery (Men) Market (2023-2029)March 8, 2023 | msn.comWhat’s Next for Gildan Activewear Stock?March 8, 2023 | finanznachrichten.deGildan Activewear: Embracing Equity: Highlighting Gildan's Women Empowerment Initiatives for International Women's DayMarch 8, 2023 | finance.yahoo.comEmbracing Equity: Highlighting Gildan’s Women Empowerment Initiatives for International Women’s DayMarch 7, 2023 | finance.yahoo.comAre Robust Financials Driving The Recent Rally In Gildan Activewear Inc.'s (TSE:GIL) Stock?March 28, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. March 7, 2023 | finance.yahoo.comShould You Add Gildan Activewear (GIL) to Your Portfolio Now?February 24, 2023 | seekingalpha.comGildan Activewear Inc. (GIL) Q4 2022 Earnings Call TranscriptFebruary 22, 2023 | finance.yahoo.comGildan Activewear Inc.: No-Moat Gildan Facing Softer Printwear Demand but Its Profitability Holds; Shares Fairly ValuedFebruary 22, 2023 | ca.finance.yahoo.comGildan Activewear reports Q4 profit and sales down, raises quarterly dividendFebruary 22, 2023 | theglobeandmail.comGildan Activewear raises quarterly dividend as it reports fourth-quarter profit, sales downFebruary 22, 2023 | markets.businessinsider.comGildan Activewear Q4 Profit Misses EstimatesFebruary 22, 2023 | marketwatch.comGildan Activewear Shares Advance After Dividend Boost, Buyback PlansFebruary 21, 2023 | msn.comGildan Activewear Earnings PreviewFebruary 21, 2023 | markets.businessinsider.comGildan Activewear earnings preview: what Wall Street is expectingFebruary 9, 2023 | fool.caShould You Buy Gildan Activewear Stock in February 2023?February 8, 2023 | finance.yahoo.comWhy Gildan (GIL) is Poised to Beat Earnings Estimates AgainFebruary 2, 2023 | finance.yahoo.comGildan Activewear Announces Date for Fourth Quarter and Full Year 2022 Earnings ReleaseFebruary 2, 2023 | finance.yahoo.comGildan Activewear Announces Date for Fourth Quarter and Full Year 2022 Earnings ReleaseJanuary 31, 2023 | marketwatch.comGildan Activewear Inc. stock rises Tuesday, outperforms marketJanuary 26, 2023 | finanznachrichten.deGildan Activewear: A Look Back at ESG at Gildan in 2022January 25, 2023 | marketwatch.comGildan Activewear Inc. stock outperforms market despite losses on the dayJanuary 19, 2023 | finanznachrichten.deGildan Activewear: Gildan Included on the Global 100 Most Sustainable Corporations List by Corporate Knights'January 19, 2023 | finance.yahoo.comGildan Included on the Global 100 Most Sustainable Corporations List by Corporate Knights’See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GIL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gildan Activewear and its competitors with MarketBeat's FREE daily newsletter. Email Address GIL Company Calendar Last Earnings2/22/2023Ex-Dividend for 4/10 Dividend3/13/2023Today3/28/2023Dividend Payable4/10/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Apparel, finished products from fabrics & similar materials Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:GIL CUSIPN/A CIK1061894 Webwww.gildan.com Phone(514) 735-2023Fax514-735-6810Employees51,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$41.50 High Stock Price Forecast$55.00 Low Stock Price Forecast$29.00 Forecasted Upside/Downside+30.3%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.93 Trailing P/E Ratio10.87 Forward P/E Ratio10.31 P/E Growth1.15Net Income$541.54 million Net Margins16.71% Pretax Margin17.48% Return on Equity30.81% Return on Assets16.92% Debt Debt-to-Equity Ratio0.46 Current Ratio2.69 Quick Ratio0.78 Sales & Book Value Annual Sales$3.24 billion Price / Sales1.77 Cash Flow$3.90 per share Price / Cash Flow8.17 Book Value$10.47 per share Price / Book3.04Miscellaneous Outstanding Shares179,730,000Free Float176,149,000Market Cap$5.72 billion OptionableOptionable Beta1.23 Key ExecutivesGlenn J. ChamandyPresident, Chief Executive Officer & DirectorRhodri J. HarriesEVP, Chief Financial & Administrative OfficerArun BajajEVP, Chief Human Resources & Legal Affairs OfficerMichelle TaylorSecretary, Vice President & General CounselBenito A. MasiPresident-ManufacturingKey CompetitorsColumbia SportswearNASDAQ:COLMUnder ArmourNYSE:UAACarter'sNYSE:CRIMattelNASDAQ:MATReynolds Consumer ProductsNASDAQ:REYNView All CompetitorsInstitutional OwnershipTeachers Retirement System of The State of KentuckySold 17,700 shares on 2/22/2023Ownership: 0.046%Alliancebernstein L.P.Bought 758 shares on 2/16/2023Ownership: 0.009%State of WyomingSold 498 shares on 2/16/2023Ownership: 0.001%Schonfeld Strategic Advisors LLCBought 7,700 shares on 2/15/2023Ownership: 0.004%Lazard Asset Management LLCBought 3,701 shares on 2/15/2023Ownership: 0.003%View All Institutional Transactions GIL Stock - Frequently Asked Questions Should I buy or sell Gildan Activewear stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GIL shares. View GIL analyst ratings or view top-rated stocks. What is Gildan Activewear's stock price forecast for 2023? 5 equities research analysts have issued 12 month target prices for Gildan Activewear's stock. Their GIL share price forecasts range from $29.00 to $55.00. On average, they predict the company's share price to reach $41.50 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price. View analysts price targets for GIL or view top-rated stocks among Wall Street analysts. How have GIL shares performed in 2023? Gildan Activewear's stock was trading at $27.40 at the beginning of the year. Since then, GIL shares have increased by 16.2% and is now trading at $31.85. View the best growth stocks for 2023 here. Are investors shorting Gildan Activewear? Gildan Activewear saw a increase in short interest in February. As of February 28th, there was short interest totaling 3,820,000 shares, an increase of 10.1% from the February 13th total of 3,470,000 shares. Based on an average daily volume of 588,400 shares, the days-to-cover ratio is currently 6.5 days. Currently, 2.2% of the shares of the stock are sold short. View Gildan Activewear's Short Interest. When is Gildan Activewear's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our GIL earnings forecast. How were Gildan Activewear's earnings last quarter? Gildan Activewear Inc. (NYSE:GIL) released its earnings results on Wednesday, February, 22nd. The textile maker reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.66 by $0.01. The textile maker had revenue of $720 million for the quarter, compared to the consensus estimate of $761.15 million. Gildan Activewear had a trailing twelve-month return on equity of 30.81% and a net margin of 16.71%. Gildan Activewear's revenue for the quarter was down 8.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 earnings per share. How often does Gildan Activewear pay dividends? What is the dividend yield for Gildan Activewear? Gildan Activewear declared a quarterly dividend on Wednesday, February 22nd. Investors of record on Tuesday, March 14th will be given a dividend of $0.14 per share on Monday, April 10th. This represents a $0.56 annualized dividend and a dividend yield of 1.76%. The ex-dividend date is Monday, March 13th. Read our dividend analysis for GIL. Is Gildan Activewear a good dividend stock? Gildan Activewear (NYSE:GIL) pays an annual dividend of $0.75 per share and currently has a dividend yield of 2.34%. 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 25.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIL will have a dividend payout ratio of 22.19% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GIL. When did Gildan Activewear's stock split? 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 issued shares were payable 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. What guidance has Gildan Activewear issued on next quarter's earnings? Gildan Activewear issued an update on its FY23 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share (EPS) guidance of $3.11 for the period, compared to the consensus earnings per share estimate of $3.05. The company issued revenue guidance of $3.27-3.34 billion, compared to the consensus revenue estimate of $3.30 billion. What is Glenn J. Chamandy's approval rating as Gildan Activewear's CEO? 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. What other stocks do shareholders of Gildan Activewear own? 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). What is Gildan Activewear's stock symbol? Gildan Activewear trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIL." Who are Gildan Activewear's major shareholders? Gildan Activewear's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Jarislowsky Fraser Ltd (7.50%), Pzena Investment Management LLC (6.41%), Cooke & Bieler LP (5.49%), Principal Financial Group Inc. (2.23%), Cardinal Capital Management Inc. (1.45%) and Kovitz Investment Group Partners LLC (1.29%). How do I buy shares of Gildan Activewear? 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. Compare Top Brokerages Here. What is Gildan Activewear's stock price today? One share of GIL stock can currently be purchased for approximately $31.85. How much money does Gildan Activewear make? Gildan Activewear (NYSE:GIL) has a market capitalization of $5.72 billion and generates $3.24 billion in revenue each year. The textile maker earns $541.54 million in net income (profit) each year or $2.93 on an earnings per share basis. How many employees does Gildan Activewear have? The company employs 51,000 workers across the globe. How can I contact Gildan Activewear? Gildan Activewear's mailing address is 600 BOULEVARD DE MAISONNEUVE OUEST 33RD FLOOR, MONTREAL A8, H3A 3J2. The official website for the company is www.gildan.com. The textile maker can be reached via phone at (514) 735-2023, via email at investors@gildan.com, or via fax at 514-735-6810. This page (NYSE:GIL) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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