Garmin Ltd. (GRMN)

NYSE: GRMN · Real-Time Price · USD
172.05
-0.68 (-0.39%)
Oct 2, 2024, 4:00 PM EDT - Market closed
-0.39%
Market Cap 33.07B
Revenue (ttm) 5.65B
Net Income (ttm) 1.38B
Shares Out 192.21M
EPS (ttm) 7.14
PE Ratio 24.11
Forward PE 27.33
Dividend $3.00 (1.74%)
Ex-Dividend Date Mar 14, 2025
Volume 550,503
Open 172.70
Previous Close 172.73
Day's Range 171.54 - 174.59
52-Week Range 99.61 - 184.42
Beta 1.01
Analysts Hold
Price Target 144.67 (-15.91%)
Earnings Date Oct 30, 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]

Sector Technology
IPO Date Dec 12, 2000
Employees 19,900
Stock Exchange NYSE
Ticker Symbol GRMN
Full Company Profile

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 Statements

Analyst Forecast

According to 9 analysts, the average rating for GRMN stock is "Hold." The 12-month stock price forecast is $144.67, which is a decrease of -15.91% from the latest price.

Price Target
$144.67
(-15.91% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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 ...

1 day ago - PRNewsWire

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 ...

1 day ago - PRNewsWire

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...

2 days ago - PRNewsWire

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...

7 days ago - PRNewsWire

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...

8 days ago - GlobeNewsWire

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...

9 days ago - PRNewsWire

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...

11 days ago - Seeking Alpha

Garmin introduces inReach Messenger Plus SOS satellite communicator with photo and voice messaging, expanding your ability to stay in touch beyond cell service

Durable and intuitive, this new two-way satellite communicator boasts a battery life that can last for weeks for added peace of mind OLATHE, Kan. , Sept. 18, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) t...

14 days ago - PRNewsWire

Garmin receives G5000 integrated flight deck retrofit certification for Cessna Citation XLS+ and XLS Gen2 aircraft

New upgrade options are also available for G5000-equipped Citation Excel and XLS aircraft OLATHE, Kan. , Sept. 17, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced it has received certificatio...

Other symbols: TXT
16 days ago - PRNewsWire

Garmin co-founders inducted into the prestigious National Aviation Hall of Fame

Recognition of Gary Burrell's and Dr. Min Kao's contributions to the aviation industry coincides with Garmin's 35th anniversary OLATHE, Kan. , Sept. 16, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today ...

17 days ago - PRNewsWire

Overlooked Stock: GRMN

Garmin (GRMN) shares stumbled on Friday, but hit its all-time high earlier this week. According to George Tsilis, the company sees success through its wide and unique business reach.

19 days ago - Schwab Network

Calls of the Day: Vistra, Garmin, Tesla and Eli Lilly

The Investment Committee discuss the latest Calls Of The Day.

Other symbols: LLYTSLAVST
19 days ago - CNBC Television

Dock your boat with confidence using the all-new Garmin GC 245 and GC 255 marine cameras

High-definition cameras built for Garmin chartplotters can provide distance markers and guidance lines to enhance situational awareness when docking in tight quarters OLATHE, Kan. , Sept. 10, 2024 /PR...

23 days ago - PRNewsWire

Capture detailed eyewitness video with the new Garmin Dash Cam X series

Premium, voice-controlled dash cameras offer up to 4K Ultra HD video quality and an all-new polarizer lens for outstanding clarity day and night OLATHE, Kan. , Sept. 5, 2024 /PRNewswire/ -- Garmin (NY...

4 weeks ago - PRNewsWire

50 High Quality Dividend Stocks To Own For The Long Term

The High Quality Dividend Stock Investable Universe is a rules-based approach to finding the best dividend stocks to invest in. The universe is made up of 50 stocks with a focus on identifying compani...

5 weeks ago - Seeking Alpha

Garmin adds AMOLED displays to fēnix 8 Series, its most capable lineup of premium multisport GPS smartwatches with something for everyone

Ultimate performance smartwatches offer brilliant AMOLED displays plus cutting-edge features and a built-in speaker, mic and LED flashlight OLATHE, Kan. , Aug. 27, 2024 /PRNewswire/ -- Garmin (NYSE: G...

5 weeks ago - PRNewsWire

Push your limits with the Enduro 3 from Garmin, a lightweight ultraperformance GPS smartwatch with best-in-class solar battery life

Purpose-built for ultra-endurance athletes, Enduro 3 is loaded with premium training, performance and navigation features—all in a lighter design with longer battery life OLATHE, Kan. , Aug. 27, 2024 ...

5 weeks ago - PRNewsWire

Garmin announces support of new Satellite SOS on Google Pixel smartphones

Garmin Response extends emergency response coordination services to Pixel 9 series OLATHE, Kan. , Aug. 14, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the integration of its satellite SOS...

7 weeks ago - PRNewsWire

Garmin introduces revolutionary technology to help avoid runway incursions

Runway Occupancy Awareness, or ROA, provides enhanced situational awareness in the busy airport environment OLATHE, Kan., Aug. 14, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced the certific...

7 weeks ago - PRNewsWire

Garmin adds innovative LED flashlight to next-gen dēzl Headsets

Premium, purpose-built trucking headsets offer Active Noise Cancellation, a built-in LED flashlight and up to 60 hours of continuous talk time OLATHE, Kan. , Aug. 13, 2024 /PRNewswire/ -- Garmin (NYSE...

7 weeks ago - PRNewsWire

Garmin introduces refreshed dēzl OTR navigator series with insights from fellow truck drivers

High-resolution GPS truck navigators include satellite imagery for expert arrival planning and new community-based guidance to keep drivers informed on their routes OLATHE, Kan. , Aug. 13, 2024 /PRNew...

7 weeks ago - PRNewsWire

UK Wearable Medical Devices Analysis Report 2024: Market to Grow by Over $5 Billion to 2030 with KoninklijkePhilips, Fitbit, Garmin, Covidien, Withings, and Everist Genomics Dominating

Dublin, Aug. 09, 2024 (GLOBE NEWSWIRE) -- The "UK Wearable Medical Devices Market Size, Share & Trends Analysis Report By Product (Diagnostic, Therapeutic), By Site, By Grade Type, By Application (Spo...

7 weeks ago - GlobeNewsWire

Garmin enables premium app purchases in the Connect IQ Store and unveils fun new watch faces and apps

The latest apps are available to purchase in the Connect IQ marketplace using Garmin Pay  OLATHE, Kan. , Aug. 6, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced that customers can now make pu...

2 months ago - PRNewsWire

Garmin Ltd (GRMN) Q2 2024 Earnings Call Transcript

Garmin Ltd. (NYSE:GRMN) Q2 2024 Earnings Conference Call July 31, 2024 10:30 AM ET Company Participants Teri Seck - Manager, IR Clifton Pemble - President, CEO & Director Douglas Boessen - CFO & Trea...

2 months ago - Seeking Alpha

Garmin beats second-quarter revenue estimates, raises full-year forecast

Garmin beat second-quarter revenue estimates and raised full-year forecast on Wednesday, helped by strong demand for the navigation device makers' product launches and upgrades in the fitness and auto...

2 months ago - Reuters