Garmin Ltd. (GRMN)

NYSE: GRMN · Real-Time Price · USD
215.70
+1.14 (0.53%)
At close: Jan 17, 2025, 4:00 PM
215.00
-0.70 (-0.32%)
After-hours: Jan 17, 2025, 7:12 PM EST
0.53%
Market Cap 41.42B
Revenue (ttm) 5.96B
Net Income (ttm) 1.52B
Shares Out 192.02M
EPS (ttm) 7.86
PE Ratio 27.43
Forward PE 29.51
Dividend $3.00 (1.39%)
Ex-Dividend Date Mar 14, 2025
Volume 520,801
Open 216.02
Previous Close 214.56
Day's Range 214.62 - 216.78
52-Week Range 119.15 - 222.97
Beta 0.99
Analysts Hold
Price Target 177.60 (-17.66%)
Earnings Date Feb 19, 2025

About GRMN

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform. The company’s Outdoor segment offers adventure ... [Read more]

Sector Technology
IPO Date Dec 12, 2000
Employees 19,900
Stock Exchange NYSE
Ticker Symbol GRMN
Full Company Profile

Financial Performance

In 2023, Garmin's revenue was $5.23 billion, an increase of 7.57% compared to the previous year's $4.86 billion. Earnings were $1.29 billion, an increase of 32.46%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GRMN stock is "Hold." The 12-month stock price forecast is $177.6, which is a decrease of -17.66% from the latest price.

Price Target
$177.6
(-17.66% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Garmin introduces the APK 10 Autopilot Keypad for simplified control

Intuitive marine control panel adds an LED-backlit knob and button activation for more precise control in all sea conditions OLATHE, Kan. , Jan. 16, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN), the world...

4 days ago - PRNewsWire

Garmin expands ECG App to customers in Australia and the European Union

Customers can now record an ECG and check for signs of atrial fibrillation right from their compatible Garmin smartwatch OLATHE, Kan. , Jan. 15, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announce...

5 days ago - PRNewsWire

Garmin Ltd. schedules fourth quarter 2024 earnings call

SCHAFFHAUSEN, Switzerland , Jan. 15, 2025 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN) invites shareholders and investors to listen to its fourth quarter 2024 earnings conference call on Wednesday, Februa...

5 days ago - PRNewsWire

Garmin announces new Montana handheld GPS series with optional SOS satellite communication capabilities to help you stay in touch

Next-gen touchscreen navigators feature a durable design, preloaded worldwide maps and versatility to fit nearly any vehicle OLATHE, Kan. , Jan. 8, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today annou...

12 days ago - PRNewsWire

Introducing the Instinct 3 Series from Garmin: rugged smartwatches now with AMOLED displays

Boldly designed for an active lifestyle, the newest smartwatches offer bright AMOLED or solar-charged displays, a metal-reinforced bezel and built-in LED flashlights on all models OLATHE, Kan. , Jan. ...

14 days ago - PRNewsWire

Garmin presents Unified Cabin 2025: Its most capable and personalized automotive domain controller to date

Award-winning digital cockpit solution integrates new Generative AI theming, child presence detection, and zoned audio and video features—all from a single Garmin control module OLATHE, Kan. , Jan. 6,...

14 days ago - PRNewsWire

Garmin brings peace of mind to motorcycle riders with the new zūmo R1 Radar

Innovative motorcycle radar system heightens situational awareness with external lights to help foster a safer riding environment OLATHE, Kan. , Jan. 6, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today ...

14 days ago - PRNewsWire

Garmin and Qualcomm Reveal Next-Gen Digital Cockpit Solution Powered By Snapdragon Cockpit Elite Platform

Highlights: New Garmin Unified Cabin 2025 features the high-performing Snapdragon Cockpit Elite platform for premium, AI-accelerated in-vehicle experiences. Development of scalable digital cockpit sol...

Other symbols: GENQCOM
14 days ago - PRNewsWire

The year in review: Garmin releases 2024 Garmin Connect Data Report

Insights from Garmin users worldwide provide a look at key health and fitness trends OLATHE, Kan. , Dec. 12, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today released its 2024 Garmin Connect™ Data Repor...

5 weeks ago - PRNewsWire

Holiday Momentum Pushes Retail, Leisure Stocks Past S&P 500 – Tesla, Garmin, Tapestry Stand Out

As the holiday shopping season begins to ramp up, the Consumer Discretionary sector is making waves. It is outperforming the broader S&P 500 Index.

Other symbols: TPRTSLA
7 weeks ago - Benzinga

Garmin's Q3 Was Striking, But So Is The Valuation

Garmin Ltd.'s Q3 results showed incredibly strong revenue and earnings growth from most segments. The company managed to gain market share in wearables during weak consumer confidence, driven by Garmi...

2 months ago - Seeking Alpha

Garmin's revolutionary Runway Occupancy Awareness technology honored with prestigious Laureate Award

For 67 years, Aviation Week Network's annual Laureate Awards have recognized  extraordinary innovations and achievements in the aviation industry OLATHE, Kan. , Nov. 20, 2024 /PRNewswire/ -- Garmin (N...

2 months ago - PRNewsWire

Garmin introduces its first large-format dive computer: Descent X50i

Wrist-based dive computer features a vibrant 3" color touchscreen display, backup dive light, air integration, diver-to-diver messaging and more OLATHE, Kan. , Nov. 19, 2024 /PRNewswire/ -- Garmin (NY...

2 months ago - PRNewsWire

Garmin announces industry accolades for JL Audio home speaker lineup

Pavilion outdoor speaker series honored with  a Product Innovation Award from Home Technology Specialists of America OLATHE, Kan. , Nov. 13, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) is proud to announ...

2 months ago - PRNewsWire

Meet the Garmin Approach R50, the only portable golf launch monitor with a built-in simulator

New launch monitor with color touchscreen and three high-speed cameras offers more accurate club and ball measurements so golfers can tee up for a full round, rain or shine OLATHE, Kan. , Nov. 12, 202...

2 months ago - PRNewsWire

Garmin Soars on Earnings Strength, Improved Guidance

Garmin Ltd. (GRMN) keeps riding a wave of strong financial performance and demand.

2 months ago - FXEmpire

Find your next adventure with the rugged Tread 2 powersports navigator from Garmin

Powerful off-road device handles all terrains, boasts a high-resolution display and advanced navigation tools to help you explore with confidence OLATHE, Kan. , Nov. 5, 2024 /PRNewswire/ -- Garmin (NY...

2 months ago - PRNewsWire

Garmin Stock Flies Higher After Company Beats Estimates, Boosts Outlook

Shares of Garmin (GRMN) skyrocketed Wednesday, touching record highs, as the navigation and communication equipment maker easily beat profit and sales estimates and offered investors a positive outloo...

2 months ago - Investopedia

Garmin Ltd. (GRMN) Q3 2024 Earnings Call Transcript

Garmin Ltd. (NYSE:GRMN) Q3 2024 Results Conference Call October 30, 2024 10:30 AM ET Company Participants Teri Seck - Manager, IR Cliff Pemble - President, CEO & Director Doug Boessen - CFO & Treasur...

2 months ago - Seeking Alpha

Garmin Is Today's Top S&P 500 Stock. Outlook Is Raised Ahead of ‘Important Holiday Selling Season.

The navigation device maker easily beats quarterly earnings and revenue estimates.

2 months ago - Barrons

Garmin raises full-year guidance, results beat amid unabated demand

Garmin raised its full-year profit and revenue forecasts on Wednesday, expecting a slew of launches of wearable products ahead of the holiday season to drive demand further, sending the company's shar...

2 months ago - Reuters

Garmin announces third quarter 2024 results

Company reports record third quarter consolidated revenue and operating income, and raises full year guidance SCHAFFHAUSEN, Switzerland , Oct. 30, 2024 /PRNewswire/ -- Garmin® Ltd. (NYSE: GRMN), today...

2 months ago - PRNewsWire

Garmin unveils its new, industry-leading integrated flight deck: G3000 PRIME

G3000 PRIME is the most connected, customizable, automated and safety-enhancing Garmin flight deck yet OLATHE, Kan. , Oct. 16, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today introduced G3000® PRIME, i...

3 months ago - PRNewsWire

Garmin wins fourth National Boating Safety Award

Sea Tow Foundation honors Garmin's outstanding commitment to boating safety through product innovation and promotion efforts OLATHE, Kan. , Oct. 15, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN), the world...

3 months ago - PRNewsWire

Garmin named Most Innovative Marine Company for second consecutive year

Annual awards program by Soundings Trade Only recognizes companies shaping the future of the marine industry  OLATHE, Kan. , Oct. 8, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) is proud to announce it ha...

3 months ago - PRNewsWire