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Garmin (GRMN) Stock

Profile

Sector:

Technology

Country:

Switzerland

IPO:

08 December 2000

Indexes:

Description:

Garmin Ltd. is a manufacturer of GPS navigation equipment and smartwatches. Garmin navigators are designed for various fields of application, including automotive, aviation, marine, tourism, and sports equipment, as well as equipment for wireless applications. The company was founded in 1989, with its headquarters located in Olathe, Kansas. Since 2011, Garmin has started selling navigators with GPS/GLONASS coordinate receiving function. In June 2021, Garmin introduced the new model of running watch Forerunner 945 LTE, which has the ability to connect to LTE network without a smartphone. In June 2021, Garmin also introduced the basic running watch Forerunner 55.

Key Details

Price

$211.33

TTM Dividend Yield

1.40%(-40.93% YoY)

Annual Revenue

$5.23 B(+7.57% YoY)

Annual EPS

$6.71(+33.13% YoY)

PE Ratio

26.82(+17.94% YoY)

Beta

0.66

Events Calendar

Earnings

Next earnings date:

Feb 21, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

Feb 21, 2024
Dividend

Next ex-dividend date:

Mar 14, 2025

Recent ex-dividend date:

Sept 13, 2024
Splits

Next split:

N/A

Recent split:

Aug 16, 2006

Analyst ratings

Recent major analysts updates

01 Nov '24 Barclays
Underweight
19 Sept '24 Tigress Financial
Strong Buy
13 Sept '24 Barclays
Underweight
01 Aug '24 Barclays
Equal-Weight
22 May '24 B of A Securities
Underperform
14 May '24 Tigress Financial
Strong Buy
02 May '24 JP Morgan
Neutral
02 May '24 Barclays
Equal-Weight
11 Apr '24 JP Morgan
Neutral
03 Apr '24 B of A Securities
Neutral

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Institutional Ownership

Garmin's Q3 Was Striking, But So Is The Valuation
Garmin's Q3 Was Striking, But So Is The Valuation
Garmin's Q3 Was Striking, But So Is The Valuation
GRMN
seekingalpha.com21 November 2024

Garmin Ltd. reported impressive revenue and earnings growth in its Q3 results across many areas. Despite low consumer confidence, the company increased its market share in wearables thanks to its innovative products. The future looks promising for Garmin, with ongoing growth in smartwatches and a strong track record in research and development as well as strategic acquisitions.

Meet the Garmin Approach R50, the only portable golf launch monitor with a built-in simulator
Meet the Garmin Approach R50, the only portable golf launch monitor with a built-in simulator
Meet the Garmin Approach R50, the only portable golf launch monitor with a built-in simulator
GRMN
prnewswire.com12 November 2024

Garmin has introduced the new Approach® R50, a premium launch monitor and golf simulator featuring a color touchscreen and three high-speed cameras for precise club and ball measurements. This device enables golfers to practice year-round, whether at home or on a driving range, regardless of the weather. The launch monitor was announced on November 12, 2024, in Olathe, Kansas.

Will Garmin (GRMN) Gain on Rising Earnings Estimates?
Will Garmin (GRMN) Gain on Rising Earnings Estimates?
Will Garmin (GRMN) Gain on Rising Earnings Estimates?
GRMN
zacks.com06 November 2024

Garmin (GRMN) shares have begun to rise and could keep increasing soon, based on positive changes in earnings forecasts.

Garmin Soars on Earnings Strength, Improved Guidance
Garmin Soars on Earnings Strength, Improved Guidance
Garmin Soars on Earnings Strength, Improved Guidance
GRMN
fxempire.com06 November 2024

Garmin Ltd. (GRMN) continues to experience impressive financial results and high demand.

Find your next adventure with the rugged Tread 2 powersports navigator from Garmin
Find your next adventure with the rugged Tread 2 powersports navigator from Garmin
Find your next adventure with the rugged Tread 2 powersports navigator from Garmin
GRMN
prnewswire.com05 November 2024

Garmin has introduced the Tread® 2, a tough off-road navigator designed to tackle various terrains. It features a high-resolution screen and advanced navigation tools, making it easier for users to explore confidently. This device is perfect for adventures on dirt, snow, and more.

Interpreting Garmin (GRMN) International Revenue Trends
Interpreting Garmin (GRMN) International Revenue Trends
Interpreting Garmin (GRMN) International Revenue Trends
GRMN
zacks.com04 November 2024

Look into how Garmin's (GRMN) income from global markets is evolving and how this affects Wall Street's forecasts and the future of the stock.

Garmin (GRMN) stock soars 23% in a day: Here's why
Garmin (GRMN) stock soars 23% in a day: Here's why
Garmin (GRMN) stock soars 23% in a day: Here's why
GRMN
finbold.com31 October 2024

While it wasn't the most eagerly awaited report of the current earnings season, Garmin's (NYSE: GRMN) report released on October 30 could be considered the most thrilling.

Garmin Q3 Earnings Beat: Will Upbeat Guidance Lift the Stock?
Garmin Q3 Earnings Beat: Will Upbeat Guidance Lift the Stock?
Garmin Q3 Earnings Beat: Will Upbeat Guidance Lift the Stock?
GRMN
zacks.com31 October 2024

GRMN's results for the third quarter of 2024 show strong growth in the Outdoor, Fitness, Aviation, Marine, and Auto OEM sectors. This positive performance highlights the company's strong momentum in these areas.

Garmin Ltd. (GRMN) Q3 2024 Earnings Call Transcript
Garmin Ltd. (GRMN) Q3 2024 Earnings Call Transcript
Garmin Ltd. (GRMN) Q3 2024 Earnings Call Transcript
GRMN
seekingalpha.com30 October 2024

Garmin Ltd. (NYSE:GRMN) will hold its Q3 2024 Results Conference Call on October 30, 2024, at 10:30 AM ET. The call will feature company representatives, including Teri Seck, Cliff Pemble, and Doug Boessen, along with participants from various financial institutions. Thank you for joining us for this discussion on Garmin's performance.

Garmin (GRMN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Garmin (GRMN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Garmin (GRMN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
GRMN
zacks.com30 October 2024

The financial results for Garmin (GRMN) from the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.

FAQ

  • What is the primary business of Garmin?
  • What is the ticker symbol for Garmin?
  • Does Garmin pay dividends?
  • What sector is Garmin in?
  • What industry is Garmin in?
  • What country is Garmin based in?
  • When did Garmin go public?
  • Is Garmin in the S&P 500?
  • Is Garmin in the NASDAQ 100?
  • Is Garmin in the Dow Jones?
  • When was Garmin's last earnings report?
  • When does Garmin report earnings?
  • Should I buy Garmin stock now?

What is the primary business of Garmin?

Garmin Ltd. is a manufacturer of GPS navigation equipment and smartwatches. Garmin navigators are designed for various fields of application, including automotive, aviation, marine, tourism, and sports equipment, as well as equipment for wireless applications. The company was founded in 1989, with its headquarters located in Olathe, Kansas. Since 2011, Garmin has started selling navigators with GPS/GLONASS coordinate receiving function. In June 2021, Garmin introduced the new model of running watch Forerunner 945 LTE, which has the ability to connect to LTE network without a smartphone. In June 2021, Garmin also introduced the basic running watch Forerunner 55.

What is the ticker symbol for Garmin?

The ticker symbol for Garmin is NYSE:GRMN

Does Garmin pay dividends?

Yes, Garmin pays dividends. The last payment was $0.75, with an ex-dividend date on 13 September 2024

What sector is Garmin in?

Garmin is in the Technology sector

What industry is Garmin in?

Garmin is in the Scientific & Technical Instruments industry

What country is Garmin based in?

Garmin is headquartered in Switzerland

When did Garmin go public?

Garmin's initial public offering (IPO) was on 08 December 2000

Is Garmin in the S&P 500?

Yes, Garmin is included in the S&P 500 index

Is Garmin in the NASDAQ 100?

No, Garmin is not included in the NASDAQ 100 index

Is Garmin in the Dow Jones?

No, Garmin is not included in the Dow Jones index

When was Garmin's last earnings report?

Garmin's most recent earnings report was on 30 October 2024

When does Garmin report earnings?

The next expected earnings date for Garmin is 21 February 2025

Should I buy Garmin stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions