Columbia Sportswear (COLM) to Release Quarterly Earnings on Thursday

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

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings data on Thursday, February 1st. The textile maker reported $1.86 earnings per share 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 the consensus estimate 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 Trading Up 0.8 %

Shares of NASDAQ:COLM opened at $77.14 on Tuesday. The firm’s 50 day moving average is $79.01 and its two-hundred day moving average is $77.80. The firm has a market capitalization of $4.59 billion, a P/E ratio of 18.68, 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 8th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.56%. The ex-dividend date was Thursday, March 7th. Columbia Sportswear’s dividend payout ratio is currently 29.06%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. StockNews.com cut Columbia Sportswear from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. UBS Group decreased their target price on shares of Columbia Sportswear from $62.00 to $59.00 and set a “sell” rating for the company in a research report on Friday, February 2nd. One analyst has rated the stock with a sell rating and six have given a hold rating to the stock. Based on data from MarketBeat, Columbia Sportswear currently has a consensus rating of “Hold” and a consensus target price of $78.00.

Insider Transactions at Columbia Sportswear

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

Columbia Sportswear Company Profile

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.