Garmin Ltd. (GRMN)

NYSE: GRMN · Real-Time Price · USD
224.71
-4.30 (-1.88%)
Feb 21, 2025, 4:00 PM EST - Market closed
-1.88%
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]

Sector Technology
IPO Date Dec 12, 2000
Employees 21,800
Stock Exchange NYSE
Ticker Symbol GRMN
Full Company Profile

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 Statements

Analyst 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.

Price Target
$200.6
(-10.73% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

17 hours ago - Seeking Alpha

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.

2 days ago - Investopedia

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.

2 days ago - Schwab Network

Final Trades: Garmin, Alphabet, ServiceNow and CNX Resources

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: CNXGOOGGOOGLNOW
2 days ago - CNBC Television

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...

2 days ago - Seeking Alpha

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.

2 days ago - Reuters

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...

2 days ago - PRNewsWire

The Setup: Arista Networks, Garmin, Walmart, Shake Shack and Block

The Investment Committee give you The Setup on some key earnings reporting this week.

Other symbols: ANETSHAKWMT
3 days ago - CNBC Television

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...

9 days ago - PRNewsWire

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/ ...

15 days ago - PRNewsWire

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...

17 days ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

5 weeks 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 weeks 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 weeks 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...

6 weeks 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. ...

6 weeks 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,...

6 weeks 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 ...

6 weeks 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
6 weeks 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...

2 months 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
2 months 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...

3 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...

3 months ago - PRNewsWire