Columbia Sportswear (NASDAQ:COLM) – Investment analysts at B. Riley issued their Q1 2018 earnings estimates for shares of Columbia Sportswear in a research note issued to investors on Friday. B. Riley analyst S. Anderson anticipates that the textile maker will post earnings per share of $0.58 for the quarter. B. Riley currently has a “Buy” rating and a $79.00 price target on the stock. B. Riley also issued estimates for Columbia Sportswear’s Q2 2018 earnings at ($0.10) EPS, Q3 2018 earnings at $1.40 EPS, Q4 2018 earnings at $1.34 EPS and FY2018 earnings at $3.22 EPS.

Columbia Sportswear (NASDAQ:COLM) last announced its quarterly earnings data on Thursday, February 8th. The textile maker reported $1.31 EPS for the quarter, topping the Zacks’ consensus estimate of $1.15 by $0.16. The business had revenue of $776.00 million during the quarter, compared to the consensus estimate of $762.18 million. Columbia Sportswear had a return on equity of 12.73% and a net margin of 4.26%. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.20 earnings per share.

Several other equities research analysts have also recently weighed in on the company. DA Davidson set a $77.00 target price on Columbia Sportswear and gave the stock a “buy” rating in a research note on Tuesday, December 5th. Zacks Investment Research upgraded Columbia Sportswear from a “sell” rating to a “hold” rating in a research note on Friday, October 20th. Stifel Nicolaus set a $74.00 target price on Columbia Sportswear and gave the stock a “hold” rating in a research note on Friday, December 15th. Citigroup restated a “buy” rating and set a $82.00 target price on shares of Columbia Sportswear in a research note on Tuesday, December 19th. Finally, Pivotal Research restated a “buy” rating and set a $74.00 target price (up previously from $72.00) on shares of Columbia Sportswear in a research note on Friday, October 27th. Eight analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Columbia Sportswear currently has an average rating of “Buy” and a consensus price target of $75.80.

Shares of Columbia Sportswear (NASDAQ COLM) opened at $73.30 on Monday. The firm has a market capitalization of $5,359.53, a P/E ratio of 26.45, a P/E/G ratio of 2.39 and a beta of 0.95. Columbia Sportswear has a 52 week low of $51.56 and a 52 week high of $79.21.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 22nd. Shareholders of record on Friday, March 9th will be paid a $0.22 dividend. The ex-dividend date is Thursday, March 8th. This represents a $0.88 dividend on an annualized basis and a yield of 1.20%. This is a boost from Columbia Sportswear’s previous quarterly dividend of $0.19. Columbia Sportswear’s payout ratio is currently 51.01%.

In other Columbia Sportswear news, Director Walter Klenz sold 11,608 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $66.05, for a total value of $766,708.40. Following the completion of the sale, the director now owns 21,619 shares in the company, valued at $1,427,934.95. The sale was disclosed in a document filed with the SEC, which is available through this link. 58.86% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Stifel Financial Corp lifted its stake in Columbia Sportswear by 4.1% in the second quarter. Stifel Financial Corp now owns 4,122 shares of the textile maker’s stock valued at $240,000 after buying an additional 162 shares during the last quarter. Ameritas Investment Partners Inc. raised its stake in shares of Columbia Sportswear by 10.0% during the second quarter. Ameritas Investment Partners Inc. now owns 2,563 shares of the textile maker’s stock worth $149,000 after purchasing an additional 234 shares during the last quarter. Advisor Group Inc. raised its stake in shares of Columbia Sportswear by 11.2% during the second quarter. Advisor Group Inc. now owns 3,364 shares of the textile maker’s stock worth $195,000 after purchasing an additional 339 shares during the last quarter. Nationwide Fund Advisors raised its stake in shares of Columbia Sportswear by 3.7% during the second quarter. Nationwide Fund Advisors now owns 16,454 shares of the textile maker’s stock worth $955,000 after purchasing an additional 591 shares during the last quarter. Finally, Citigroup Inc. raised its stake in shares of Columbia Sportswear by 8.5% during the second quarter. Citigroup Inc. now owns 8,253 shares of the textile maker’s stock worth $479,000 after purchasing an additional 644 shares during the last quarter. Institutional investors own 38.32% of the company’s stock.

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Columbia Sportswear Company Profile

Columbia Sportswear Company is an apparel and footwear company. The Company designs, sources, markets and distributes outdoor lifestyle apparel, footwear, accessories and equipment under the Columbia, Mountain Hardwear, Sorel, prAna and other brands. Its geographic segments are the United States, Latin America and Asia Pacific (LAAP), Europe, Middle East and Africa (EMEA), and Canada.

Earnings History and Estimates for Columbia Sportswear (NASDAQ:COLM)

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