Stifel Canada Brokers Boost Earnings Estimates for GIL

Gildan Activewear Inc. (NYSE:GIL) (TSE:GIL) – Equities researchers at Stifel Canada lifted their Q2 2025 earnings per share (EPS) estimates for shares of Gildan Activewear in a report released on Tuesday, April 29th. Stifel Canada analyst M. Landry now anticipates that the textile maker will post earnings per share of $0.98 for the quarter, up from their previous estimate of $0.94. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.48 per share. Stifel Canada also issued estimates for Gildan Activewear’s Q3 2025 earnings at $1.02 EPS and FY2025 earnings at $3.54 EPS.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last announced its quarterly earnings results on Tuesday, April 29th. The textile maker reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. Gildan Activewear had a net margin of 12.26% and a return on equity of 28.80%. The company had revenue of $711.70 million for the quarter, compared to analysts’ expectations of $715.29 million. During the same period in the prior year, the company posted $0.59 EPS. Gildan Activewear’s revenue was up 2.3% compared to the same quarter last year.

GIL has been the subject of a number of other research reports. Barclays began coverage on Gildan Activewear in a report on Monday. They set an “overweight” rating and a $51.00 target price for the company. Stifel Nicolaus upped their target price on shares of Gildan Activewear from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Thursday, February 20th. TD Securities raised their price target on shares of Gildan Activewear from $56.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday. BMO Capital Markets upped their price target on shares of Gildan Activewear from $58.00 to $64.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. Finally, Canaccord Genuity Group lifted their price objective on Gildan Activewear from $53.00 to $58.00 and gave the company a “buy” rating in a research note on Thursday, February 20th. Nine equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $58.20.

Gildan Activewear Price Performance

Shares of NYSE GIL opened at $47.41 on Thursday. The stock has a fifty day moving average of $44.93 and a 200-day moving average of $47.80. The stock has a market cap of $7.19 billion, a PE ratio of 18.96, a price-to-earnings-growth ratio of 1.76 and a beta of 1.16. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.98 and a current ratio of 2.22. Gildan Activewear has a fifty-two week low of $32.32 and a fifty-two week high of $55.39.

Gildan Activewear Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Tuesday, May 20th will be given a dividend of $0.226 per share. The ex-dividend date is Tuesday, May 20th. This represents a $0.90 annualized dividend and a dividend yield of 1.91%. Gildan Activewear’s dividend payout ratio (DPR) is presently 34.75%.

Hedge Funds Weigh In On Gildan Activewear

A number of large investors have recently modified their holdings of GIL. Forge First Asset Management Inc. grew its position in Gildan Activewear by 108.0% during the fourth quarter. Forge First Asset Management Inc. now owns 46,600 shares of the textile maker’s stock valued at $2,191,000 after acquiring an additional 24,200 shares during the last quarter. CIBC Asset Management Inc grew its holdings in shares of Gildan Activewear by 545.1% during the 4th quarter. CIBC Asset Management Inc now owns 1,210,314 shares of the textile maker’s stock valued at $57,403,000 after purchasing an additional 1,022,695 shares during the last quarter. Truist Financial Corp raised its position in Gildan Activewear by 76.8% in the 4th quarter. Truist Financial Corp now owns 19,401 shares of the textile maker’s stock worth $913,000 after purchasing an additional 8,430 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Gildan Activewear by 80.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 245,926 shares of the textile maker’s stock worth $11,568,000 after purchasing an additional 109,993 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Gildan Activewear by 776.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 817,204 shares of the textile maker’s stock worth $38,414,000 after purchasing an additional 723,962 shares during the last quarter. 82.83% of the stock is owned by hedge funds and other institutional investors.

About Gildan Activewear

Gildan Activewear Inc manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. It provides various activewear products, including T-shirts, fleece tops and bottoms, and sports shirts under the Gildan, Gildan Performance, Gildan Hammer, Glidan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, and American Apparel brands.