Gildan Activewear - GIL Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GIL shares.
View GIL analyst ratings or view top-rated stocks.

7 analysts have issued twelve-month price targets for Gildan Activewear's shares. Their GIL share price forecasts range from C$42.00 to C$58.00. On average, they anticipate the company's share price to reach C$50.67 in the next twelve months. This suggests a possible upside of 29.7% from the stock's current price.
View analysts price targets for GIL or view top-rated stocks among Wall Street analysts.

Gildan Activewear's stock was trading at C$53.63 at the start of the year. Since then, GIL shares have decreased by 27.2% and is now trading at C$39.05.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our GIL earnings forecast.

Gildan Activewear Inc. (TSE:GIL) issued its quarterly earnings results on Thursday, August, 4th. The company reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.08. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.06 billion.

Gildan Activewear announced a quarterly dividend on Thursday, August 4th. Investors of record on Thursday, August 25th will be given a dividend of 0.216 per share on Monday, September 19th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date is Wednesday, August 24th.
Read our dividend analysis for GIL.

Gildan Activewear (TSE:GIL) pays an annual dividend of C$0.65 per share and currently has a dividend yield of 2.28%. The dividend payout ratio is 14.10%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for GIL.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gildan Activewear investors own include Endologix (ELGX), APA (APA), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Chase (CCF), American River Bankshares (AMRB), Invesco Senior Loan ETF (BKLN), CVR Refining (CVRR), Micron Technology (MU) and Baytex Energy (BTE).

Gildan Activewear trades on the Toronto Stock Exchange (TSX) under the ticker symbol "GIL."

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One share of GIL stock can currently be purchased for approximately C$39.05.

Gildan Activewear (TSE:GIL) has a market capitalization of C$7.09 billion and generates C$3.26 billion in revenue each year.

The company employs 48,000 workers across the globe.

Gildan Activewear's mailing address is 33Rd, 600 de Maisonneuve Blvd W Floor, MONTREAL, QC H3A 3J2, Canada. The official website for the company is gildan.com. The company can be reached via phone at +1-514-7352023.