Garmin Ltd. (GRMN)
Market Cap | 43.24B |
Revenue (ttm) | 6.30B |
Net Income (ttm) | 1.41B |
Shares Out | 192.40M |
EPS (ttm) | 7.30 |
PE Ratio | 30.78 |
Forward PE | 28.26 |
Dividend | $3.00 (1.34%) |
Ex-Dividend Date | Mar 14, 2025 |
Volume | 729,533 |
Open | 229.90 |
Previous Close | 229.01 |
Day's Range | 222.45 - 230.14 |
52-Week Range | 133.16 - 246.50 |
Beta | 0.99 |
Analysts | Hold |
Price Target | 200.60 (-10.73%) |
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 2024, Garmin's revenue was $6.30 billion, an increase of 20.44% compared to the previous year's $5.23 billion. Earnings were $1.41 billion, an increase of 9.44%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for GRMN stock is "Hold." The 12-month stock price forecast is $200.6, which is a decrease of -10.73% from the latest price.
News
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Garmin Q4 2024: Record Revenue Masks Underlying Risks
Garmin reported record revenue of $1.82B, a 40% EPS increase, and a 20% dividend hike, driven by strong product diversification and innovation. Competition in Fitness, persistent losses in Auto OEM, a...
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S&P 500 Gains and Losses Today: Garmin Jumps on Fitness, Outdoor Device Sales
Major U.S. equities indexes posted gains that were enough to send the S&P 500 to another record high as investors shook off tariffs and watched corporate earnings.
Overlooked Stock: GRMN All-Time High
Garmin (GRMN) surged higher after 4Q earnings surpassed Wall Street estimates. The company proposed raising its dividend by 20% to $3.60 per share.
Final Trades: Garmin, Alphabet, ServiceNow and CNX Resources
The Investment Committee give you their top stocks to watch for the second half.
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Garmin Ltd. (GRMN) Q4 2024 Earnings Call Transcript
Garmin Ltd. (NYSE:GRMN) Q4 2024 Earnings Conference Call February 19, 2025 10:30 AM ET Company Participants Teri Seck - Manager, IR Cliff Pemble - President, CEO & Director Doug Boessen - CFO & Treas...
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Garmin forecasts 2025 results above estimates on strong outdoor wearables demand
Swiss navigation device maker Garmin forecast full-year results above Wall Street estimates on Wednesday, banking on continued momentum in its outdoor and auto OEM segments.
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Garmin announces fourth quarter and fiscal year 2024 results
Reports record full-year revenue and profit, and proposes a 20% dividend increase SCHAFFHAUSEN, Switzerland , Feb. 19, 2025 /PRNewswire/ -- Garmin® Ltd. (NYSE: GRMN), today announced results for the f...
The Setup: Arista Networks, Garmin, Walmart, Shake Shack and Block
The Investment Committee give you The Setup on some key earnings reporting this week.
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Garmin announces the Descent G2 watch-style dive computer
All-in-one dive computer and smartwatch adds a bright AMOLED display for easy reading at any depth plus tools for life in and out of the water OLATHE, Kan. , Feb. 12, 2025 /PRNewswire/ -- Garmin (NYS...
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Garmin named one of the Most Innovative Fitness and Wellness Companies of 2025 by Athletech News
First-of-its-kind HRM-Fit heart rate monitor for women lands Garmin among the top companies that are revolutionizing the health, fitness and wellness industry OLATHE, Kan. , Feb. 6, 2025 /PRNewswire/ ...
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Garmin's new all-in-one SERV+ display offers a smart RV experience
Simplify life on the road and control functions throughout the RV using a sleek touchscreen display or completely hands-free with voice commands OLATHE, Kan. , Feb. 4, 2025 /PRNewswire/ -- Garmin (NYS...
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Garmin unveils Approach G20 Solar, the first GPS golf handheld with unlimited battery life in sunny conditions
First-of-its-kind device offers distances to the green on a high-contrast screen and a solar-poweredbattery, allowing you to play round after round without charging OLATHE, Kan. , Jan. 21, 2025 /PRNew...
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Level up your golf game with vibrant new Approach S44 and S50 smartwatches from Garmin
New golf watches boast lightweight design, bright colorful displays, performance features and seamless connectivity to new Approach CT1 club trackers OLATHE, Kan. , Jan. 21, 2025 /PRNewswire/ -- Garmi...
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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...
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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...
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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...
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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...
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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. ...
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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,...
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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 ...
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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...
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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...
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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.
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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...
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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...