Garmin/GRMN

$140.67

0.82%
-
1D1W1MYTD1YMAX

About Garmin

Garmin Ltd. (Garmin) is a Switzerland-based entity. The Company and its subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The Company operates through five segments: fitness, outdoor, aviation, marine and auto. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. It offers Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. Garmin offers various products designed for use in fitness and activity tracking. Company’s aviation business segment is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators, as well as military and government customers and serves a range of aircraft, including transport aircraft, business aviation, general aviation, experimental/light sport, helicopters, optionally piloted vehicles, and unmanned aerial vehicles. Company operates worldwide.

Ticker

GRMN

Sector

Technology

Trading on

NYSE

Industry

Communications Equipment

CEO

Min Kao

Employees

19,900

Headquarters

Schaffhausen, Switzerland

Garmin Metrics

BasicAdvanced
$26.76B
Market cap
20.80
P/E ratio
$6.71
EPS
1.00
Beta
$2.92
Dividend rate
2.15%
Dividend yield
$26.76B
1.0016
$149.54
$94.89
987.14K
$2.92
3.406
2.379
43.35%
34.747
15.79%
19.52%
18.67%
20.799
5.118
3.816
4.304
42.985
2.27%
2.09%
2.15%
7.57%
32.96%
7.69%
9.1%
6.76%

What the Analysts think about Garmin

Analyst Ratings

Majority rating from 9 analysts.
Hold

Price Targets

Average projection from 5 analysts.
2.41% downside
High $165.00
Low $118.00
$140.67
Current price
$137.28
Average price target

Garmin Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
36.56% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.48B
16.05%
Net income
$542.1M
110.77%
Profit margin
36.56%
81.62%

Garmin Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 23.25%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.02
$1.45
$1.41
$1.72
-
Expected
$1.06
$1.41
$1.29
$1.40
$1.01
Surprise
-3.95%
2.52%
9.44%
23.25%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Garmin stock?

Garmin (GRMN) has a market cap of $26.76B as of April 22, 2024.

What is the P/E ratio for Garmin stock?

The price to earnings (P/E) ratio for Garmin (GRMN) stock is 20.8 as of April 22, 2024.

Does Garmin stock pay dividends?

Yes, the Garmin (GRMN) stock pays dividends to shareholders. As of April 22, 2024, the dividend rate is $2.92 and the yield is 2.15%. Garmin has a payout ratio of 43.35% on a trailing twelve-month basis.

When is the next Garmin dividend payment date?

The next Garmin (GRMN) dividend payment is scheduled for June 28, 2024.

What is the beta indicator for Garmin?

Garmin (GRMN) has a beta rating of 1. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Garmin stock price target?

The target price for Garmin (GRMN) stock is $137.28, which is 2.42% below the current price of $140.69. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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