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Garmin NYSE:GRMN Stock Report

Last Price

US$169.13

Market Cap

US$33.1b

7D

-3.3%

1Y

61.7%

Updated

03 Oct, 2024

Data

Company Financials +

GRMN Stock Overview

Designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide.

GRMN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends5/6

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US$167.86
FV
0.8% overvalued intrinsic discount
9.65%
Revenue growth p.a.
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1 day ago author updated this narrative

Garmin Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Garmin
Historical stock prices
Current Share PriceUS$169.13
52 Week HighUS$184.42
52 Week LowUS$99.61
Beta1.01
11 Month Change-6.09%
3 Month Change4.45%
1 Year Change61.71%
33 Year Change8.00%
5 Year Change97.56%
Change since IPO1,591.30%

Recent News & Updates

Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75

Oct 01
Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75

Garmin: Solid Dividend Stock, But Margin Headwinds And Downside Risks Raise Concern

Sep 22

Garmin (NYSE:GRMN) Hasn't Managed To Accelerate Its Returns

Sep 19
Garmin (NYSE:GRMN) Hasn't Managed To Accelerate Its Returns

Recent updates

Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75

Oct 01
Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75

Garmin: Solid Dividend Stock, But Margin Headwinds And Downside Risks Raise Concern

Sep 22

Garmin (NYSE:GRMN) Hasn't Managed To Accelerate Its Returns

Sep 19
Garmin (NYSE:GRMN) Hasn't Managed To Accelerate Its Returns

Garmin: A Beat And Raise Helped Its Valuation, But Not Enough

Sep 10

Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Sep 05
Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Why Garmin Ltd. (NYSE:GRMN) Could Be Worth Watching

Aug 28
Why Garmin Ltd. (NYSE:GRMN) Could Be Worth Watching

Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Aug 14
Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Jul 31
Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Jul 11
Garmin's (NYSE:GRMN) Dividend Will Be $0.75

Garmin: Innovative Niche Products Will Lead To Continued Success

Jul 02

Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75

Jun 27
Garmin (NYSE:GRMN) Will Pay A Dividend Of $0.75

Garmin (NYSE:GRMN) Will Pay A Larger Dividend Than Last Year At $0.75

Jun 13
Garmin (NYSE:GRMN) Will Pay A Larger Dividend Than Last Year At $0.75

Garmin: Slightly Too Expensive, Needs To Prove It Can Improve Profitability

Jun 06

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

May 11
Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

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

Apr 27
Garmin (NYSE:GRMN) Has Announced That It Will Be Increasing Its Dividend To $0.75

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)

Shareholder Returns

GRMNUS Consumer DurablesUS Market
7D-3.3%0.6%-0.7%
1Y61.7%64.4%32.5%

Return vs Industry: GRMN underperformed the US Consumer Durables industry which returned 64.4% over the past year.

Return vs Market: GRMN exceeded the US Market which returned 32.5% over the past year.

Price Volatility

Is GRMN's price volatile compared to industry and market?
GRMN volatility
GRMN Average Weekly Movement3.5%
Consumer Durables Industry Average Movement7.4%
Market Average Movement6.4%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: GRMN's weekly volatility (4%) 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$33.07b
Earnings (TTM)US$1.38b
Revenue (TTM)US$5.65b

23.6x

P/E Ratio

5.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GRMN income statement (TTM)
RevenueUS$5.65b
Cost of RevenueUS$2.39b
Gross ProfitUS$3.26b
Other ExpensesUS$1.88b
EarningsUS$1.38b

Last Reported Earnings

Jun 29, 2024

Next Earnings Date

Oct 30, 2024

Earnings per share (EPS)7.16
Gross Margin57.68%
Net Profit Margin24.36%
Debt/Equity Ratio0%

How did GRMN perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

42%

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 DateDec 13 2024
Dividend Pay DateDec 27 2024
Days until Ex dividend70 days
Days until Dividend pay date84 days

Does GRMN pay a reliable dividends?

See GRMN dividend history and benchmarks