Garmin Ltd. (GRMN)
Market Cap | 31.02B |
Revenue (ttm) | 5.46B |
Net Income (ttm) | 1.36B |
Shares Out | 192.08M |
EPS (ttm) | 7.08 |
PE Ratio | 22.81 |
Forward PE | 27.38 |
Dividend | $3.00 (1.86%) |
Ex-Dividend Date | Mar 14, 2025 |
Volume | 416,440 |
Open | 160.73 |
Previous Close | 161.10 |
Day's Range | 160.29 - 161.97 |
52-Week Range | 99.61 - 171.64 |
Beta | 0.99 |
Analysts | Hold |
Price Target | 147.78 (-8.49%) |
Earnings Date | Jul 31, 2024 |
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 9 analysts, the average rating for GRMN stock is "Hold." The 12-month stock price forecast is $147.78, which is a decrease of -8.49% from the latest price.
News
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Garmin selected as exclusive marine electronics and audio supplier to IBBI through 2029
Long-term agreement includes Garmin, JL Audio, Fusion and Clarion Marine products OLATHE, Kan. , July 2, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN), the world's most innovative and recognized marine ele...
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Garmin Ltd. schedules second quarter 2024 earnings call
SCHAFFHAUSEN, Switzerland , June 26, 2024 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN) invites shareholders and investors to listen to its second quarter 2024 earnings conference call on Wednesday, July 3...
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Garmin unveils the Approach Z30 smart laser range finder with unparalleled integration to the Garmin golf lineup
Easy-to-use device relays ranged distances to smartwatches and the Garmin Golf app, and provides more on-course features to help elevate your game OLATHE, Kan. , June 26, 2024 /PRNewswire/ -- Garmin (...
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Garmin announces 2024 Garmin Health Awards finalists
Fourth annual awards program recognizes the world's most innovative solutions that successfully integrate Garmin wearable technology into health and wellness programs OLATHE, Kan. , June 25, 2024 /PRN...
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Garmin unveils its brightest and smartest cycling computer ever: the Edge 1050
Premium cycling computer adds a vivid color display, enhanced group ride features, built-in speaker and more—all without sacrificing battery life OLATHE, Kan. , June 25, 2024 /PRNewswire/ -- Garmin (...
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Garmin expands its executive leadership team
Patrick Desbois and Brad Trenkle appointed as co-Chief Operating Officers SCHAFFHAUSEN, Switzerland , June 24, 2024 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN), announced today that Patrick Desbois and B...
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Garmin shareholders approve quarterly dividend through March 2025
Company announces record date and payment date for June 2024 dividend installment SCHAFFHAUSEN, Switzerland , June 7, 2024 /PRNewswire/ -- At Garmin Ltd.'s annual shareholders' meeting held today, app...
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Garmin celebrates Global Running Day with a look at the positive health benefits of running
Smartwatch data from Garmin users around the world indicates the more people run, the more their health improves OLATHE, Kan. , June 5, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) is celebrating Global R...
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Garmin's stock on track for biggest one-day decline in almost two years after BofA downgrade to sell
Garmin Ltd.'s stock fell 4.9% Wednesday to put it on track for its biggest percentage decline in almost two years after BofA analysts downgraded the stock to the equivalent of sell.
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Garmin Collaborates with Vuzix to Develop Next Generation Nano-Imprinted Waveguide with microLED based Display Systems
ROCHESTER, N.Y. , May 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, i...
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Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans
Consumers are acting vastly different depending on income level.
Final Trades: Amazon, Google, Avalonbay and Garmin
The Investment Committee gives you their top stocks to watch for the second half.
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Global call for entries announced for 2024 Garmin Health Awards
Fourth annual awards program recognizes the world's most innovative solutions that successfully integrate Garmin wearable technology into health and wellness programs OLATHE, Kan. , May 7, 2024 /PRNew...
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Garmin earns best supplier recognition from Embraer for 9th consecutive year
Annual awards program recognizes excellence among aerospace suppliers OLATHE, Kan. , May 7, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced it received a Best Supplier award for the ninth con...
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Garmin Earnings Crush Estimates, and the Stock Is Soaring
Net sales of $1.38 billion in the period were above the consensus call for $1.25 billion.
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Garmin's stock soars toward best day in four years as fitness-tracker sales boom
Garmin Ltd.'s stock soared12% Wednesday to put it on track for its biggest one-day gain in more than four years, after the maker of navigation devices and fitness trackers swept past earnings estimate...
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Garmin's Q1 results beat on strong demand for fitness, auto products
Swiss navigation device maker Garmin topped Wall Street expectations for first-quarter results on Wednesday, benefiting from new launches and strong demand for its products in fitness and auto segment...
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Garmin announces first quarter 2024 results
Company reports record first quarter revenue and operating income SCHAFFHAUSEN, Switzerland , May 1, 2024 /PRNewswire/ -- Garmin® Ltd. (NYSE: GRMN), today announced results for the first quarter ended...
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Garmin expands avionics database solutions for Europe
Navigation database developed by Garmin brings new cost-effective choices for European customers OLATHE, Kan. , April 15, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced expanded coverage of ...
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Garmin announces General Counsel transition
Josh Maxfield to assume General Counsel role from retiring Garmin veteran Andrew Etkind SCHAFFHAUSEN, Switzerland , April 8, 2024 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN), announced today that Garmin ...
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Garmin Ltd. schedules first quarter 2024 earnings call
SCHAFFHAUSEN, Switzerland , March 27, 2024 /PRNewswire/ -- Garmin Ltd. (NYSE: GRMN) invites shareholders and investors to listen to its first quarter 2024 earnings conference call on Wednesday, May 1,...
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Garmin pro Justin Hamner wins the 2024 Bassmaster Classic championship
Win marks fourth Bassmaster Classic victory with Garmin LiveScope in the last five years OLATHE, Kan. , March 26, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN), the world's most innovative and recognized m...
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Garmin unveils complete avionics modernization program for Cessna Citation CJ2
STC will bring advanced capabilities to the CJ2 cockpit, including safety-enhancing and connected aircraft management technologies OLATHE, Kan. , March 19, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) tod...
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Garmin receives 2024 IBBI Supplier of the Year Award
Boat builder group honors Garmin marine for outstanding service and support OLATHE, Kan. , March 12, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN), the world's most innovative and recognized marine electro...
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Garmin brings StormOptix Weather Radar compatibility to thousands more displays
Auto Mode-capable GWX 8000 soon to be certified using GTN Xi navigators or TXi flight displays as the primary indicator OLATHE, Kan. , March 12, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announce...