Garmin Ltd. (GRMN)
Consumer Discretionary2 articles
Price chart
Garmin Ltd. (GRMN) overview
Garmin makes GPS-enabled devices for fitness, outdoor, aviation, and marine markets. It is a member of the S&P 500 and is classified in the Consumer Discretionary sector — retailers, automakers and leisure companies whose sales rise and fall with consumer confidence.
Garmin Ltd. trades on the NYSE under the ticker symbol GRMN. As of the most recent market data, the stock was priced around $249.56, down 0.57% on the session, giving Garmin Ltd. a market capitalization of roughly $48.13B.
Over the past 52 weeks, GRMN has traded between $186.67 and $273.32. Shares are valued at a trailing price-to-earnings (P/E) ratio of about 28.0, a common gauge of how richly the market prices the company's earnings. Garmin Ltd. also pays a dividend, currently yielding around 1.67%.
Key statistics
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Why investors watch GRMN
As one of the larger companies in the Consumer Discretionary sector, Garmin Ltd. is closely followed by investors and often moves with broader trends across retailers, automakers and leisure companies whose sales rise and fall with consumer confidence. Traders watch GRMN for earnings reports, analyst rating changes, and headlines that can shift sentiment — each of which is summarized on this page as it breaks.
Market Mood
Latest GRMN news
GARMIN LTD (GRMN) Form 144 Filed on June 5
Garmin Ltd (GRMN) filed Form 144 on June 5, which relates to the sale of stock by insiders. This regulatory filing is typically made when insiders plan to sell shares, potentially impacting the stock's liquidity and market perception. The volume of shares involved was not specified, but these filings can indicate insider confidence or concerns about the company. Monitoring Form 144 filings is crucial for investors, as it may signal changes in management's outlook.
Read More: GARMIN LTD (GRMN) Form 144 Filed on June 5
Garmin (GRMN) Posts Quarterly Results with Strong Demand for Wearables
Garmin (GRMN) reported quarterly results indicating strong demand for its premium wearables. The company highlighted a significant increase in sales, contributing to improved revenue figures in its latest earnings report. This steady performance in the wearables market may positively influence investor confidence and market sentiment. With the sustained interest in health and fitness devices, Garmin's outlook could signal a robust trend in consumer electronics.
Read More: Garmin (GRMN) Posts Quarterly Results with Strong Demand for WearablesMore Consumer Discretionary stocks
Frequently asked questions
Is Garmin Ltd. in the S&P 500?
Yes. Garmin Ltd. (GRMN) is a member of the S&P 500 index, classified in the Consumer Discretionary sector.
What sector is GRMN in?
Garmin Ltd. is classified in the Consumer Discretionary sector of the S&P 500 — retailers, automakers and leisure companies whose sales rise and fall with consumer confidence.
Where can I find the latest GRMN news?
This page collects recent Garmin Ltd. (GRMN) news and market analysis, each article summarized by AI and tagged with bullish, bearish, or neutral sentiment.
What is Garmin Ltd.'s stock price?
As of the most recent market data, Garmin Ltd. (GRMN) traded at approximately $249.56. Prices move throughout the trading day, so this reflects the latest available quote rather than a live price.
What is Garmin Ltd.'s market cap?
Garmin Ltd. has a market capitalization of roughly $48.13B, based on its most recent share price and shares outstanding.
What is GRMN's P/E ratio?
GRMN trades at a trailing price-to-earnings ratio of about 28.0. The P/E ratio compares a company's share price to its earnings per share.