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Garmin NYSE:GRMN Stock Report

Last Price

US$141.07

Market Cap

US$27.3b

7D

-3.4%

1Y

43.7%

Updated

17 Apr, 2024

Data

Company Financials +

GRMN Stock Overview

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide.

GRMN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends5/6

Garmin Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Garmin
Historical stock prices
Current Share PriceUS$141.07
52 Week HighUS$149.54
52 Week LowUS$94.89
Beta1.0
1 Month Change-3.38%
3 Month Change13.51%
1 Year Change43.73%
3 Year Change1.49%
5 Year Change62.86%
Change since IPO1,310.70%

Recent News & Updates

Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

Apr 10
Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

Garmin: Wearables Trends Remain Strong

Mar 29

Garmin's (NYSE:GRMN) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 26
Garmin's (NYSE:GRMN) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

Apr 10
Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

Garmin: Wearables Trends Remain Strong

Mar 29

Garmin's (NYSE:GRMN) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 26
Garmin's (NYSE:GRMN) Shareholders Will Receive A Bigger Dividend Than Last Year

Garmin (NYSE:GRMN) Is Paying Out A Dividend Of $0.73

Mar 12
Garmin (NYSE:GRMN) Is Paying Out A Dividend Of $0.73

Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73

Feb 13
Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73

Garmin Ltd.'s (NYSE:GRMN) Shareholders Might Be Looking For Exit

Feb 08
Garmin Ltd.'s (NYSE:GRMN) Shareholders Might Be Looking For Exit

Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.73

Jan 22
Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.73

Garmin (NYSE:GRMN) Is Paying Out A Dividend Of $0.73

Jan 08
Garmin (NYSE:GRMN) Is Paying Out A Dividend Of $0.73

Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73

Dec 07
Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73

Garmin: Growth Remains Intact But Valuation Is Not Attractive

Nov 16

Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.73

Nov 13
Garmin (NYSE:GRMN) Has Announced A Dividend Of $0.73

At US$117, Is It Time To Put Garmin Ltd. (NYSE:GRMN) On Your Watch List?

Nov 11
At US$117, Is It Time To Put Garmin Ltd. (NYSE:GRMN) On Your Watch List?

Garmin: Resilient Financials And Sustained Product Innovation

Nov 10

Garmin (NYSE:GRMN) Has Affirmed Its Dividend Of $0.73

Oct 26
Garmin (NYSE:GRMN) Has Affirmed Its Dividend Of $0.73

Garmin (NYSE:GRMN) Has More To Do To Multiply In Value Going Forward

Oct 13
Garmin (NYSE:GRMN) Has More To Do To Multiply In Value Going Forward

Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73

Sep 28
Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73

Estimating The Fair Value Of Garmin Ltd. (NYSE:GRMN)

Sep 27
Estimating The Fair Value Of Garmin Ltd. (NYSE:GRMN)

Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.73

Sep 09
Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.73

Garmin: Cautiously Positive Growth Prospects

Sep 08

Garmin: Hold Rating After Strong Q2 Earnings, Signs Of Overvaluation

Aug 30

Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73

Aug 26
Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.73

Garmin's (NYSE:GRMN) Dividend Will Be $0.73

Aug 08
Garmin's (NYSE:GRMN) Dividend Will Be $0.73

Upslope Capital - Garmin: A Classic 'Riches In Niches' Story

Jul 26

Investors Met With Slowing Returns on Capital At Garmin (NYSE:GRMN)

Jun 28
Investors Met With Slowing Returns on Capital At Garmin (NYSE:GRMN)

Garmin: Consumer Electronics Success Story

Jun 28

Estimating The Fair Value Of Garmin Ltd. (NYSE:GRMN)

Jun 15
Estimating The Fair Value Of Garmin Ltd. (NYSE:GRMN)

Garmin (NYSE:GRMN) Is Paying Out A Dividend Of $0.73

Jun 01
Garmin (NYSE:GRMN) Is Paying Out A Dividend Of $0.73

Garmin: Powerful Arsenal Driving Success

May 25

Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.73

May 05
Garmin (NYSE:GRMN) Is Due To Pay A Dividend Of $0.73

Is Now An Opportune Moment To Examine Garmin Ltd. (NYSE:GRMN)?

Apr 10
Is Now An Opportune Moment To Examine Garmin Ltd. (NYSE:GRMN)?

Here's What To Make Of Garmin's (NYSE:GRMN) Decelerating Rates Of Return

Mar 14
Here's What To Make Of Garmin's (NYSE:GRMN) Decelerating Rates Of Return

Estimating The Intrinsic Value Of Garmin Ltd. (NYSE:GRMN)

Mar 01
Estimating The Intrinsic Value Of Garmin Ltd. (NYSE:GRMN)

Garmin Non-GAAP EPS of $1.35 beats by $0.18, revenue of $1.31B misses by $10M

Feb 22

Is Now An Opportune Moment To Examine Garmin Ltd. (NYSE:GRMN)?

Jan 03
Is Now An Opportune Moment To Examine Garmin Ltd. (NYSE:GRMN)?

Shareholder Returns

GRMNUS Consumer DurablesUS Market
7D-3.4%-4.3%-3.7%
1Y43.7%30.0%20.5%

Return vs Industry: GRMN exceeded the US Consumer Durables industry which returned 30% over the past year.

Return vs Market: GRMN exceeded the US Market which returned 20.5% over the past year.

Price Volatility

Is GRMN's price volatile compared to industry and market?
GRMN volatility
GRMN Average Weekly Movement3.4%
Consumer Durables Industry Average Movement5.9%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: GRMN has not had significant price volatility in the past 3 months.

Volatility Over Time: GRMN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198919,900Cliff Albert Pemblewww.garmin.com

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.

Garmin Ltd. Fundamentals Summary

How do Garmin's earnings and revenue compare to its market cap?
GRMN fundamental statistics
Market capUS$27.27b
Earnings (TTM)US$1.29b
Revenue (TTM)US$5.23b

21.0x

P/E Ratio

5.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRMN income statement (TTM)
RevenueUS$5.23b
Cost of RevenueUS$2.22b
Gross ProfitUS$3.00b
Other ExpensesUS$1.72b
EarningsUS$1.29b

Last Reported Earnings

Dec 30, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)6.72
Gross Margin57.48%
Net Profit Margin24.67%
Debt/Equity Ratio0%

How did GRMN perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

43%

Payout Ratio

Does GRMN pay a reliable dividends?

See GRMN dividend history and benchmarks
When do you need to buy GRMN by to receive an upcoming dividend?
Garmin dividend dates
Ex Dividend DateJun 17 2024
Dividend Pay DateJun 28 2024
Days until Ex dividend60 days
Days until Dividend pay date71 days

Does GRMN pay a reliable dividends?

See GRMN dividend history and benchmarks
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