Columbia Sportswear (COLM) to Release Earnings on Thursday

Columbia Sportswear (NASDAQ:COLM) is scheduled to announce its earnings results after the market closes on Thursday, April 25th. Analysts expect Columbia Sportswear to post earnings of $0.36 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings data on Thursday, February 1st. The textile maker reported $1.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($0.14). Columbia Sportswear had a net margin of 7.21% and a return on equity of 14.11%. The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.08 billion. On average, analysts expect Columbia Sportswear to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Columbia Sportswear Price Performance

Shares of Columbia Sportswear stock opened at $78.99 on Wednesday. The stock has a market capitalization of $4.70 billion, a price-to-earnings ratio of 19.13, a price-to-earnings-growth ratio of 3.13 and a beta of 0.94. The business has a 50-day moving average of $78.93 and a 200 day moving average of $77.85. Columbia Sportswear has a 12 month low of $66.01 and a 12 month high of $90.04.

Columbia Sportswear Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, March 8th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, March 7th. This represents a $1.20 annualized dividend and a dividend yield of 1.52%. Columbia Sportswear’s dividend payout ratio is presently 29.06%.

Analyst Ratings Changes

COLM has been the topic of several analyst reports. UBS Group reduced their price objective on Columbia Sportswear from $62.00 to $59.00 and set a “sell” rating on the stock in a research note on Friday, February 2nd. StockNews.com downgraded shares of Columbia Sportswear from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. One research analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $78.00.

Insider Buying and Selling

In other Columbia Sportswear news, Director Ronald E. Nelson sold 5,768 shares of the stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $82.05, for a total value of $473,264.40. Following the transaction, the director now directly owns 16,857 shares in the company, valued at $1,383,116.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Stephen E. Babson sold 2,411 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $80.98, for a total value of $195,242.78. Following the completion of the sale, the director now directly owns 122,879 shares of the company’s stock, valued at approximately $9,950,741.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ronald E. Nelson sold 5,768 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $82.05, for a total value of $473,264.40. Following the completion of the sale, the director now directly owns 16,857 shares of the company’s stock, valued at $1,383,116.85. The disclosure for this sale can be found here. 43.00% of the stock is owned by company insiders.

About Columbia Sportswear

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.