Garmin Ltd. (GRMN)
Market Cap | 40.13B |
Revenue (ttm) | 5.96B |
Net Income (ttm) | 1.52B |
Shares Out | 192.02M |
EPS (ttm) | 7.86 |
PE Ratio | 26.58 |
Forward PE | 28.59 |
Dividend | $3.00 (1.44%) |
Ex-Dividend Date | Mar 14, 2025 |
Volume | 712,660 |
Open | 205.42 |
Previous Close | 205.42 |
Day's Range | 203.69 - 210.04 |
52-Week Range | 119.15 - 222.97 |
Beta | 0.99 |
Analysts | Hold |
Price Target | 170.50 (-18.42%) |
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]
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 StatementsAnalyst Forecast
According to 6 analysts, the average rating for GRMN stock is "Hold." The 12-month stock price forecast is $170.5, which is a decrease of -18.42% from the latest price.
News
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...
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.
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...
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...
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...
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...
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...
Garmin Soars on Earnings Strength, Improved Guidance
Garmin Ltd. (GRMN) keeps riding a wave of strong financial performance and demand.
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...
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...
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...
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...
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...
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...
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...
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...
Top 50 High Quality Dividend Stocks - September 2024 Results
I track 50 high-quality dividend stocks, updating their valuations daily to identify Strong Buy, Buy, Hold, and Trim opportunities based on historical free cash flow trends. September's performance: S...
Garmin Ltd. schedules third quarter 2024 earnings call
SCHAFFHAUSEN, Switzerland , Oct. 2, 2024 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN) invites shareholders and investors to listen to its third quarter 2024 earnings conference call on Wednesday, October ...
Garmin unveils Lily 2 Active - small, stylish smartwatches with built-in GPS
Fashionable smartwatches are packed with essential health, fitness and connectivity features to help you look and feel good 24/7 OLATHE, Kan. , Oct. 2, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today ...
Garmin unveils new Fusion Apollo Marine Speakers and Subwoofers, the perfect combination of style and substance
Premium series delivers high-fidelity audio, new aesthetics, improved lighting and more OLATHE, Kan. , Oct. 1, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN), the world's most innovative and recognized mari...
Garmin recognizes innovative digital health solutions and celebrates 10th anniversary during 2024 Garmin Health Summit
Annual event highlights big research milestone and further advances benefits of smartwatch-enabled research OLATHE, Kan. , Sept. 26, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the winner...
Pet Wearable Global Market Report 2024-2028, Featuring Profiles of Barking Labs, Dogtra, FitBark, Garmin, Loc8tor, PetPace, Scollar, Smart Tracking Technologies, Tractive, Wagz and More
Dublin, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The "Global Pet Wearable Market 2024-2028" report has been added to ResearchAndMarkets.com's offering. The pet wearable market is forecasted to grow by USD 3...
Garmin named 2024 Manufacturer of the Year by NMEA for 10 consecutive years
Over the last decade, Garmin has amassed 63 prestigious NMEA honors for product, service and support excellence in the marine industry OLATHE, Kan. , Sept. 24, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN...
Garmin: Solid Dividend Stock, But Margin Headwinds And Downside Risks Raise Concern
Garmin has performed well, up 62% in the past year, but faces margin pressure due to higher interest rates and a cost-conscious consumer. Despite headwinds, Garmin's revenue grew double-digits, and EP...