Analysts foresee more revenue Garmin, quite high dividend

Tomorrow the American Garmin will report its past quarter's results. For this year Garmin 's revenue will be around 3,29 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2017's revenue of 3,09 billion USD.

Historical revenues and results Garmin plus estimates 2018

The analysts expect for 2018 a net profit of 622 million USD. The majority of the analysts expects for this year a profit per share of 3,29 USD. The price/earnings-ratio is then 18,78.

Huge dividend Garmin

Per share the analysts expect a dividend of 2,1 USD per share. Garmin 's dividend yield thus equals 3,4 percent. The average dividend yield of the navigation producers is a moderate 1 percent.

Garmin 's market capitalization is based on the number of outstanding shares around 11,65 billion USD. The Garmin stock was the past 12 months quite unstable. Since last October the stock is 13 percent higher. This year the stock price moved between 56 and 71 dollar. Since 2008 the stock price is almost 165 percent higher.

On Monday the stock closed at 61,77 USD.

Price data Garmin 2007-2018

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