Garmin Ltd. (GRMN)
Market Cap | 42.06B |
Revenue (ttm) | 6.30B |
Net Income (ttm) | 1.41B |
Shares Out | 192.40M |
EPS (ttm) | 7.30 |
PE Ratio | 29.95 |
Forward PE | 27.47 |
Dividend | $3.60 (1.65%) |
Ex-Dividend Date | Jun 16, 2025 |
Volume | 606,317 |
Open | 215.00 |
Previous Close | 214.47 |
Day's Range | 213.82 - 219.18 |
52-Week Range | 138.86 - 246.50 |
Beta | 0.97 |
Analysts | Hold |
Price Target | 220.75 (+0.98%) |
Earnings Date | Apr 30, 2025 |
About GRMN
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. The company offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; 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, enables third parties to create applications that run on Garmin devices. It also provides adventure watches; outdoor handhelds and satellite com... [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 4 analysts, the average rating for GRMN stock is "Hold." The 12-month stock price forecast is $220.75, which is an increase of 0.98% from the latest price.
News

Garmin announces integration with Clippd to help golfers improve their game
Golf performance platform will utilize Garmin data to provide unique information to players for dialing in their game OLATHE, Kan. , March 25, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced ...

Garmin G3000 PRIME selected for Pilatus PC-7 MKX military training aircraft
Announcement marks first selection of the state-of-the-art avionics suite for the military training market OLATHE, Kan. , March 25, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced its G3000® ...

Garmin named 2025 IBBI Supplier of the Year
Leading international boat builder group honors Garmin marine for outstanding service and support for second year in a row OLATHE, Kan. , March 20, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN), the world'...

Garmin named Supplier of the Year by Cirrus Aircraft at PX25
Award honors Garmin for superior service, support and innovation OLATHE, Kan. , March 19, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) is proud to announce it received the prestigious Supplier of the Year...

Garmin and researchers from Harvard and Oxford universities share initial findings from landmark study examining happiness
In its next phase, the Health and Happiness Study aims to collect wellbeing data from over 10,000 global participants using surveys, Garmin smartwatches, and smartphones OLATHE, Kan. , March 18, 202...

Garmin G3000 PRIME unveiled as integrated flight deck for the new Pilatus PC-12 PRO aircraft
Announcement marks first certified aircraft with G3000 PRIME OLATHE, Kan. , March 17, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced its industry-leading G3000® PRIME integrated flight deck ...

Happy World Sleep Day: Discover the benefits of a good night's sleep and how Garmin smartwatches can help
Garmin Connect data shows users have been sleeping better over the last year OLATHE, Kan. , March 14, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) is celebrating World Sleep Day with a look at all the way...

Garmin introduces new Force Pro trolling motor
Next-gen Force Pro combines legendary power with superior anchor lock performance, innovative reverse thrust control and more to maximize anglers' time on the water OLATHE, Kan. , March 5, 2025 /PRNew...

Garmin announces upcoming retrofit certification of GFC 600H flight control system for Airbus H130 helicopters
Revolutionary helicopter flight control system will bring advanced safety features to H130 owners and operators OLATHE, Kan. , March 5, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced upcomin...

Top 50 High-Quality Dividend Stocks For March 2025
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. Today, I will highlight 9 ...

Annual inReach SOS report emphasizes the value of Garmin satellite communication devices
Garmin report offers key insights and information into SOS trends from around the world OLATHE, Kan. , Feb. 27, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today released its 2024 inReach® SOS Report , h...

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...

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.

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...

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.

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.

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...

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/ ...

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...

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...

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...

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...