Seaport Res Ptn Weighs in on Columbia Sportswear’s Q4 2024 Earnings (NASDAQ:COLM)

Columbia Sportswear (NASDAQ:COLM) – Stock analysts at Seaport Res Ptn increased their Q4 2024 earnings per share estimates for Columbia Sportswear in a research note issued on Thursday, April 25th. Seaport Res Ptn analyst M. Kummetz now expects that the textile maker will post earnings of $2.00 per share for the quarter, up from their prior estimate of $1.99. The consensus estimate for Columbia Sportswear’s current full-year earnings is $3.69 per share. Seaport Res Ptn also issued estimates for Columbia Sportswear’s FY2026 earnings at $4.52 EPS.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings results on Thursday, April 25th. The textile maker reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.36. Columbia Sportswear had a return on equity of 13.99% and a net margin of 7.20%. The business had revenue of $769.98 million for the quarter, compared to the consensus estimate of $740.62 million. During the same quarter in the previous year, the business earned $0.74 EPS. The company’s quarterly revenue was down 6.2% compared to the same quarter last year.

Several other equities research analysts have also commented on COLM. UBS Group lowered their price objective on Columbia Sportswear from $62.00 to $59.00 and set a “sell” rating on the stock in a research report on Friday, February 2nd. StockNews.com downgraded shares of Columbia Sportswear from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. Finally, Stifel Nicolaus raised their price target on shares of Columbia Sportswear from $75.00 to $84.00 and gave the stock a “hold” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $75.75.

Columbia Sportswear Stock Up 1.3 %

Shares of COLM stock opened at $80.00 on Monday. The stock has a market cap of $4.76 billion, a PE ratio of 19.51, a price-to-earnings-growth ratio of 3.28 and a beta of 0.94. Columbia Sportswear has a 52-week low of $66.01 and a 52-week high of $88.17. The business has a 50-day simple moving average of $78.80 and a 200-day simple moving average of $78.09.

Columbia Sportswear Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 30th. Stockholders of record on Thursday, May 16th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, May 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.50%. Columbia Sportswear’s dividend payout ratio is currently 29.27%.

Insider Activity at Columbia Sportswear

In other Columbia Sportswear news, Director Ronald E. Nelson sold 5,768 shares of Columbia Sportswear 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 owns 16,857 shares in the company, valued at $1,383,116.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Columbia Sportswear news, Director Stephen E. Babson sold 2,411 shares of the business’s stock in a transaction that occurred 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 sale, the director now owns 122,879 shares of the company’s stock, valued at $9,950,741.42. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Ronald E. Nelson sold 5,768 shares of the business’s stock in a transaction on 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 owns 16,857 shares in the company, valued at approximately $1,383,116.85. The disclosure for this sale can be found here. 43.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Columbia Sportswear

Several institutional investors have recently bought and sold shares of the company. Venturi Wealth Management LLC boosted its stake in shares of Columbia Sportswear by 76.2% in the fourth quarter. Venturi Wealth Management LLC now owns 451 shares of the textile maker’s stock valued at $36,000 after purchasing an additional 195 shares during the period. Fifth Third Bancorp boosted its position in Columbia Sportswear by 44.3% in the 3rd quarter. Fifth Third Bancorp now owns 502 shares of the textile maker’s stock valued at $37,000 after buying an additional 154 shares during the period. TFO Wealth Partners LLC grew its stake in shares of Columbia Sportswear by 11,725.0% in the fourth quarter. TFO Wealth Partners LLC now owns 473 shares of the textile maker’s stock worth $38,000 after acquiring an additional 469 shares in the last quarter. Signaturefd LLC raised its stake in shares of Columbia Sportswear by 125.7% in the third quarter. Signaturefd LLC now owns 607 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 338 shares in the last quarter. Finally, Quent Capital LLC boosted its holdings in Columbia Sportswear by 79.6% in the fourth quarter. Quent Capital LLC now owns 616 shares of the textile maker’s stock valued at $49,000 after purchasing an additional 273 shares during the period. 47.76% of the stock is owned by institutional investors and hedge funds.

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.