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Garmin Ltd. (GRMN)

NASDAQ: GRMN · IEX Real-Time Price · USD
162.81 0.50 (0.31%)
Oct 21, 2021 11:47 AM EDT - Market open
Market Cap31.22B
Revenue (ttm)4.86B
Net Income (ttm)1.18B
Shares Out192.32M
EPS (ttm)6.15
PE Ratio26.49
Forward PE26.46
Dividend$2.68 (1.65%)
Ex-Dividend DateDec 14, 2021
Volume203,808
Open163.05
Previous Close162.31
Day's Range161.48 - 163.45
52-Week Range95.68 - 178.11
Beta1.04
AnalystsHold
Price Target167.71 (+3.0%)
Est. Earnings DateOct 27, 2021

About GRMN

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of navigation, communication, and information devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The compa...

IndustryHousehold Durables
IPO DateDec 12, 2000
CEOClifton Pemble
Employees16,000
Stock ExchangeNASDAQ
Ticker SymbolGRMN
Full Company Profile

Financial Performance

In 2020, Garmin's revenue was $4.19 billion, an increase of 11.42% compared to the previous year's $3.76 billion. Earnings were $992.32 million, an increase of 4.18%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for Garmin stock is "Hold." The 12-month stock price forecast is 167.71, which is an increase of 3.01% from the latest price.

Price Target
$167.71
(3.01% upside)
Analyst Consensus: Hold

News

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Earnings Preview: Garmin (GRMN) Q3 Earnings Expected to Decline

Garmin (GRMN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

19 hours ago - Zacks Investment Research

Garmin Earnings: What to Watch

The company is set to report third-quarter earnings on Oct. 30

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The Ark Invest founder buys and sells stocks for various reasons, but she continues to hold these three tickers. Should you follow her lead?

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Garmin (GRMN) Boosts Citation Excel/XLS Performance With G5000

Garmin's (GRMN) G5000 integrated flight deck retrofits Cessna Citation Excel and XLS business jet fleet.

1 week ago - Zacks Investment Research

Wellteq Digital Health Inc. Extends Private Health Insurer Partnership For 3-Years

VANCOUVER, British Columbia--(BUSINESS WIRE)-- #digital--Wellteq Digital Health Inc. (CSE:WTEQ) (OTCBB:WTEQF), (the “Company” or Wellteq”), which supplies digital health and wellness solutions to custom...

1 week ago - Business Wire

New Garmin DriveSmart GPS navigators bring simplicity to the open road with larger displays

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the Garmin DriveSmart™ 66, 76, and 86 series – a fresh lineup of portable car GPS navigat...

1 week ago - Business Wire

People with diabetes can now view Dexcom CGM data on their Garmin smartwatch or cycling computer

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today introduced the Dexcom Connect IQ apps, providing people with Type 1 and Type 2 diabetes who use th...

1 week ago - Business Wire

Garmin® Ltd. schedules its third quarter 2021 earnings call

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its third quarter 2021 earnings conference call that will be broadcast over the Int...

1 week ago - Business Wire

Garmin's (GRMN) New GFC 500 Certification to Aid Aviation Unit

Garmin (GRMN) receives STC from the FAA for GFC 500 autopilot use in Beechcraft 19 Sport, Beechcraft 23 Musketeer/Sundowner, and Beechcraft 24 Musketeer/Sierra aircraft models.

1 week ago - Zacks Investment Research

Garmin achieves significant milestone in its G5000 retrofit program for Cessna Citation Excel and Citation XLS aircraft

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that 10% of the ever-popular Cessna Citation Excel and XLS business jet fleet has now be...

2 weeks ago - Business Wire

Garmin announces an enhanced retrofit solution for select Pilatus PC-12 aircraft with the addition of TXi EIS

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that expanded engine monitoring capability will be available for select Pilatus PC-12/45...

2 weeks ago - Business Wire

3 Dividend Stocks to Buy That Could Build Incredible Wealth

These three stocks have crushed the S&P 500 returns by up to sixfold when including dividends over the past 20 years.

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In Tale of Two Tech Stocks, Nokia Pales in Comparison to Mapmaker Garmin

Nokia has a market cap nearly the same as Garmin, the GPS technology company. Is GRMN a better buy than NOK stock?

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2 weeks ago - InvestorPlace

Garmin Developer Virtual Conference set for October 13

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), announced it will host its Garmin Developer Virtual Conference (GDVC) on Oct. 13, 2021 in an all-online ...

3 weeks ago - Business Wire

Garmin named the Manufacturer of the Year by the National Marine Electronics Association for seventh straight year

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the world's largest1 and most innovative marine electronics manufacturer, today announced that it was name...

3 weeks ago - Business Wire

3 Stocks to Buy When the Next Market Crash Comes

Investors with time to let their nest eggs grow should welcome the next market crash.

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Final Trades: VF Corp., Garmin, Marathon Petroleum & more

The "Halftime Report" traders give their top picks to watch for the second half.

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4 weeks ago - CNBC Television

Garmin's Enduro ultraperformance multisport watch becomes the first GPS-enabled watch authorized by Adventure Race, t...

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the Adventure Racing sport profile, a new activity profile that allows participants to t...

4 weeks ago - Business Wire

September Sell-Off: These 3 Growth Stocks Just Went on Sale

Is it finally time to buy into these hot businesses?

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4 weeks ago - The Motley Fool

Garmin's (GRMN) New GFC 600 Certification to Aid Aviation Unit

Garmin (GRMN) receives Supplemental Type Certification from FAA for GFC 600 digital autopilot usage in Piper Meridian (PA-46-500TP) aircraft.

1 month ago - Zacks Investment Research

Bull of the Day: Garmin Ltd. (GRMN)

The navigation and wearable technology firm is poised to keep growing as it benefits from expansion within multiple areas.

1 month ago - Zacks Investment Research

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1 month ago - Zacks Investment Research

4 Stocks to Gain From the Unbridled Popularity of Smartwatches

Watch out for the likes of Apple (AAPL), Garmin (GRMN), Qualcomm (QCOM) and Alphabet (GOOGL) as demand for smartwatches continues unabated.

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1 month ago - Zacks Investment Research

Garmin (GRMN) Boosts Marine Segment With Surround View Camera

Garmin (GRMN) introduces Garmin Surround View Camera System that gives captains a 360-degree view of their vessel's perimeter to avoid collision.

1 month ago - Zacks Investment Research