Columbia Sportswear (COLM) Set to Announce Earnings on Thursday

Columbia Sportswear (NASDAQ:COLM) is set to post its quarterly 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. Investors interested in participating in the company’s conference call can do so using this link.

Columbia Sportswear (NASDAQ:COLM) last issued its earnings results on Thursday, February 1st. The textile maker reported $1.86 EPS for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.14). The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Columbia Sportswear had a return on equity of 14.11% and a net margin of 7.21%. 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 Stock Performance

Shares of NASDAQ COLM opened at $78.99 on Wednesday. The stock has a 50 day moving average price of $78.93 and a 200 day moving average price of $77.85. The firm has a market capitalization of $4.70 billion, a price-to-earnings ratio of 19.13, a PEG ratio of 3.13 and a beta of 0.94. Columbia Sportswear has a 52-week low of $66.01 and a 52-week high of $90.04.

Columbia Sportswear Announces Dividend

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

Insider Transactions at Columbia Sportswear

In related 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 transaction of $473,264.40. Following the completion of the sale, the director now owns 16,857 shares of the company’s stock, valued at $1,383,116.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 transaction of $195,242.78. Following the sale, the director now owns 122,879 shares in the company, valued at $9,950,741.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 transaction of $473,264.40. Following the transaction, the director now owns 16,857 shares in the company, valued at approximately $1,383,116.85. The disclosure for this sale can be found here. Insiders own 43.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on COLM shares. StockNews.com lowered shares of Columbia Sportswear from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. UBS Group dropped their price objective on shares of Columbia Sportswear from $62.00 to $59.00 and set a “sell” rating on the stock in a research note on Friday, February 2nd. One analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. Based on data from MarketBeat.com, Columbia Sportswear currently has a consensus rating of “Hold” and an average price target of $78.00.

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.