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Garmin (GRMN) Stock

Profile

Full Name:

Garmin Ltd.

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

$213.00

TTM Dividend Yield

1.40%(-42.62% YoY)

Annual Revenue

$5.23 B(+7.57% YoY)

Annual EPS

$6.71(+33.13% YoY)

PE Ratio

27.03(+51.43% YoY)

Beta

0.66

Events Calendar

Earnings

Next earnings date:

Feb 19, 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:

Dec 13, 2024
Splits

Next split:

N/A

Recent split:

Aug 16, 2006

Analyst ratings

Recent major analysts updates

16 Dec '24 Tigress Financial
Strong Buy
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

Market Data

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Institutional Ownership

Why the Market Dipped But Garmin (GRMN) Gained Today
Why the Market Dipped But Garmin (GRMN) Gained Today
Why the Market Dipped But Garmin (GRMN) Gained Today
GRMN
zacks.com27 January 2025

Garmin (GRMN) closed at $214.91 on the most recent trading day, showing a slight increase of 0.32% from its previous closing price.

Garmin unveils Approach G20 Solar, the first GPS golf handheld with unlimited battery life in sunny conditions
Garmin unveils Approach G20 Solar, the first GPS golf handheld with unlimited battery life in sunny conditions
Garmin unveils Approach G20 Solar, the first GPS golf handheld with unlimited battery life in sunny conditions
GRMN
prnewswire.com21 January 2025

Garmin has introduced the Approach® G20 Solar, a unique device that shows distances to the green on a clear screen and has a solar-powered battery. This means you can play multiple rounds of golf without needing to recharge it, as long as you're in sunny weather. The announcement was made on January 21, 2025, in Olathe, Kansas.

Garmin (GRMN) Rises But Trails Market: What Investors Should Know
Garmin (GRMN) Rises But Trails Market: What Investors Should Know
Garmin (GRMN) Rises But Trails Market: What Investors Should Know
GRMN
zacks.com17 January 2025

Garmin (GRMN) closed at $215.70 on the most recent trading day, showing an increase of 0.53% from its previous closing price.

Garmin introduces the APK 10 Autopilot Keypad for simplified control
Garmin introduces the APK 10 Autopilot Keypad for simplified control
Garmin introduces the APK 10 Autopilot Keypad for simplified control
GRMN
prnewswire.com16 January 2025

Garmin, a leading company in marine electronics, has introduced the APK™ 10 Autopilot Keypad. This new control panel features an LED-backlit knob and button activation, allowing for better precision in various sea conditions. The keypad is specifically designed to enhance the control of the Reactor™ 40 autopilot for boaters.

Garmin expands ECG App to customers in Australia and the European Union
Garmin expands ECG App to customers in Australia and the European Union
Garmin expands ECG App to customers in Australia and the European Union
GRMN
prnewswire.com15 January 2025

Customers can now use their compatible Garmin smartwatches to record an ECG and look for signs of atrial fibrillation. Garmin announced on January 15, 2025, that the ECG App is now accessible to users in Australia and the European Union with devices like the Venu® 3 Series and fēnix® 8 Series.

Garmin Ltd. schedules fourth quarter 2024 earnings call
Garmin Ltd. schedules fourth quarter 2024 earnings call
Garmin Ltd. schedules fourth quarter 2024 earnings call
GRMN
prnewswire.com15 January 2025

SCHAFFHAUSEN, Switzerland, Jan. 15, 2025 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN) is inviting its shareholders and investors to join the earnings conference call for the fourth quarter of 2024. This call will take place on Wednesday, February 19, 2025, at 10:30 a.m.

3 Electronics Stocks to Acquire From a Challenging Industry
3 Electronics Stocks to Acquire From a Challenging Industry
3 Electronics Stocks to Acquire From a Challenging Industry
GRMN
zacks.com13 January 2025

Electronics companies such as Garmin (GRMN), Greenland Technologies (GTEC), and Kopin (KOPN) are likely to gain from investments in infrastructure and increased production, even with challenges in the overall economy.

GRMN Expands Portfolio With New Montana GPS: Time to Buy the Stock?
GRMN Expands Portfolio With New Montana GPS: Time to Buy the Stock?
GRMN Expands Portfolio With New Montana GPS: Time to Buy the Stock?
GRMN
zacks.com09 January 2025

The launch of the Montana Series shows Gamin's dedication to innovation, making it an attractive option for investors.

Meet the Monster Stock That Continues to Crush the Market
Meet the Monster Stock That Continues to Crush the Market
Meet the Monster Stock That Continues to Crush the Market
GRMN
fool.com07 January 2025

While it hasn't caught the eye of Wall Street like its larger competitors, there was an electronics company that more than doubled the impressive stock market returns in 2024. I'm not referring to Apple, which only slightly surpassed the S&P 500 index's 23% gain.

Garmin's Instinct 3 Series Boosts Portfolio: Should You Buy the Stock?
Garmin's Instinct 3 Series Boosts Portfolio: Should You Buy the Stock?
Garmin's Instinct 3 Series Boosts Portfolio: Should You Buy the Stock?
GRMN
zacks.com07 January 2025

GRMN's emphasis on innovation and increasing its market presence makes it an attractive option for investors wanting to take advantage of the expanding wearables market.

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 December 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 19 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