Gildan Activewear (GIL) Stock Price, News & Analysis

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GIL shares.
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12 brokerages have issued twelve-month target prices for Gildan Activewear's stock. Their GIL share price targets range from $36.00 to $53.00. On average, they expect the company's stock price to reach $41.85 in the next twelve months. This suggests a possible upside of 23.8% from the stock's current price.
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Gildan Activewear's stock was trading at $33.06 at the beginning of the year. Since then, GIL shares have increased by 2.2% and is now trading at $33.80.
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Gildan Activewear saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,540,000 shares, an increase of 18.5% from the March 31st total of 1,300,000 shares. Based on an average daily volume of 810,200 shares, the short-interest ratio is currently 1.9 days. Approximately 0.9% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our GIL earnings forecast.

Gildan Activewear Inc. (NYSE:GIL) issued its quarterly earnings data on Wednesday, May, 1st. The textile maker reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.07. The textile maker earned $695.80 million during the quarter, compared to the consensus estimate of $692.94 million. Gildan Activewear had a trailing twelve-month return on equity of 23.19% and a net margin of 16.70%. The firm's revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.45 EPS.

Gildan Activewear announced a quarterly dividend on Tuesday, February 20th. Shareholders of record on Wednesday, March 13th will be paid a dividend of $0.205 per share on Monday, April 8th. This represents a $0.82 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Tuesday, March 12th. This is a boost from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for GIL.

Gildan Activewear (NYSE:GIL) pays an annual dividend of $0.82 per share and currently has a dividend yield of 2.37%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIL will have a dividend payout ratio of 25.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GIL.

ETFs with the largest weight of Gildan Activewear (NYSE:GIL) stock in their portfolio include Invesco International BuyBack Achievers ETF (IPKW) and Schwab International Small-Cap Equity ETF (SCHC).Vanguard FTSE All-World ex-US Small-Cap ETF (VSS).

Gildan Activewear shares split 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.

Gildan Activewear updated its FY24 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of $2.92-3.07 for the period, compared to the consensus earnings per share estimate of $2.95.

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.

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's stock is owned by a number of institutional and retail investors. Top institutional investors include Cardinal Capital Management Inc. (1.70%), Vaughan Nelson Investment Management L.P. (0.71%), Principal Financial Group Inc. (0.35%), Sumitomo Mitsui Trust Holdings Inc. (0.18%), Addenda Capital Inc. (0.13%) and BW Gestao de Investimentos Ltda. (0.09%).

Shares of GIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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