Columbia Sportswear (NASDAQ:COLM) Issues Earnings Results

Columbia Sportswear (NASDAQ:COLM) issued its quarterly earnings data on Tuesday. The textile maker reported $1.80 earnings per share for the quarter, missing the consensus estimate of $1.86 by ($0.06), Zacks reports. Columbia Sportswear had a return on equity of 12.48% and a net margin of 6.42%. Columbia Sportswear updated its FY 2025 guidance to 3.800-4.150 EPS and its Q1 2025 guidance to 0.620-0.700 EPS.

Columbia Sportswear Stock Up 0.8 %

COLM stock opened at $85.86 on Wednesday. The company has a market cap of $4.91 billion, a PE ratio of 23.72, a price-to-earnings-growth ratio of 3.32 and a beta of 0.93. Columbia Sportswear has a 52 week low of $73.04 and a 52 week high of $91.30. The business has a 50-day simple moving average of $86.58 and a 200 day simple moving average of $83.07.

Columbia Sportswear Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Monday, March 10th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.40%. Columbia Sportswear’s dividend payout ratio is presently 33.15%.

Analyst Ratings Changes

Several equities analysts recently issued reports on COLM shares. TD Cowen raised their price target on Columbia Sportswear from $70.00 to $84.00 and gave the company a “hold” rating in a report on Tuesday, November 26th. StockNews.com upgraded Columbia Sportswear from a “hold” rating to a “buy” rating in a research report on Thursday, December 5th. Finally, Stifel Nicolaus upped their target price on shares of Columbia Sportswear from $92.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th.

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.