Gildan Activewear Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Gildan Activewear stock.
View analyst ratings for Gildan Activewear or view top-rated stocks.

Wall Street analysts have given Gildan Activewear a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Gildan Activewear wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Gildan Activewear is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Gildan Activewear.

Gildan Activewear Inc. (NYSE:GIL) announced its quarterly earnings data on Tuesday, May, 4th. The textile maker reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.30. Gildan Activewear had a negative trailing twelve-month return on equity of 2.69% and a negative net margin of 13.34%.
View Gildan Activewear's earnings history.

Gildan Activewear's stock was trading at $19.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GIL shares have increased by 90.1% and is now trading at $36.67.
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Gildan Activewear declared a quarterly dividend on Thursday, May 6th. Investors of record on Thursday, May 27th will be given a dividend of $0.154 per share on Monday, June 21st. This represents a $0.62 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Wednesday, May 26th.
View Gildan Activewear's dividend history.

Gildan Activewear pays an annual dividend of $0.62 per share and currently has a dividend yield of 1.74%. Gildan Activewear does not yet have a strock track record of dividend growth. The dividend payout ratio of Gildan Activewear is 37.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Gildan Activewear will have a dividend payout ratio of 44.93% next year. This indicates that Gildan Activewear will be able to sustain or increase its dividend.
View Gildan Activewear's dividend history.

Shares of Gildan Activewear split before market open on Monday, March 30th 2015. The 2-1 split was announced on Wednesday, February 4th 2015. The newly created shares were distributed 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.

6 brokers have issued 12-month price objectives for Gildan Activewear's shares. Their forecasts range from $16.00 to $45.00. On average, they anticipate Gildan Activewear's share price to reach $33.00 in the next twelve months. This suggests that the stock has a possible downside of 10.0%.
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61 employees have rated Gildan Activewear CEO Glenn J. Chamandy on Glassdoor.com. Glenn J. Chamandy has an approval rating of 83% among Gildan Activewear's employees.

Some companies that are related to Gildan Activewear include Li Ning (LNNGY), Levi Strauss & Co. (LEVI), Under Armour (UAA), Columbia Sportswear (COLM), 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), Simon Worldwide (SWWI), Centric Brands (CTRCQ), Blue (BLHI) and Panglobal Brands (PNGB).
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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), Ciena (CIEN), First Data (FDC), Air Canada (AC) and China Unicom (Hong Kong) (CHU).

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 (6.54%), The Manufacturers Life Insurance Company (1.18%), Kovitz Investment Group Partners LLC (1.12%), BlackRock Inc. (1.01%), Marathon Asset Management LLP (0.96%) and Bank of Nova Scotia (0.82%).

GIL stock was sold by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, BlackRock Inc., Cardinal Capital Management Inc., Kovitz Investment Group Partners LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Davidson Investment Advisors, Scheer Rowlett & Associates Investment Management Ltd., and PCJ Investment Counsel Ltd..

GIL stock was purchased by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , MD Financial Management Inc., Scotia Capital Inc., Galibier Capital Management Ltd., First Midwest Bank Trust Division, Swiss National Bank, Alberta Investment Management Corp, and Bank of Nova Scotia.

Shares of GIL 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.
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One share of GIL stock can currently be purchased for approximately $36.67.

Gildan Activewear has a market capitalization of $7.28 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 44,000 workers across the globe.

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

Gildan Activewear is headquartered at 600 BOULEVARD DE MAISONNEUVE OUEST 33RD FLOOR, MONTREAL A8, H3A 3J2.

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]