Garmin Ltd. (GRMN)
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]
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 StatementsAnalyst 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.
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 ...
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 ...
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...
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...
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...
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...
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...
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...
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...
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 ...
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.
Calls of the Day: Vistra, Garmin, Tesla and Eli Lilly
The Investment Committee discuss the latest Calls Of The Day.
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...
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...
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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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...