Gildan Activewear (GIL) Stock Price, News & Analysis

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gildan Activewear in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GIL shares.
View GIL analyst ratings or view top-rated stocks.

12 brokers have issued 12 month price objectives for Gildan Activewear's stock. Their GIL share price targets range from $36.00 to $53.00. On average, they predict the company's share price to reach $41.25 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price.
View analysts price targets for GIL or view top-rated stocks among Wall Street analysts.

Gildan Activewear's stock was trading at $33.06 at the beginning of 2024. Since then, GIL stock has increased by 5.5% and is now trading at $34.8850.
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Gildan Activewear saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 1,300,000 shares, a decrease of 12.2% from the March 15th total of 1,480,000 shares. Based on an average daily volume of 845,200 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.8% of the company's shares are short sold.
View Gildan Activewear's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our GIL earnings forecast.

Gildan Activewear will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "9371601#".

Gildan Activewear Inc. (NYSE:GIL) issued its quarterly earnings results on Wednesday, February, 21st. The textile maker reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.03. The textile maker had revenue of $782.70 million for the quarter, compared to the consensus estimate of $753.35 million. Gildan Activewear had a trailing twelve-month return on equity of 23.19% and a net margin of 16.70%. The company's revenue was up 8.7% on a year-over-year basis. During the same period last year, the business posted $0.65 earnings per share.

Gildan Activewear declared a quarterly dividend on Tuesday, February 20th. Shareholders of record on Wednesday, March 13th will be given a dividend of $0.205 per share on Monday, April 8th. This represents a $0.82 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend is Tuesday, March 12th. This is an increase from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for GIL.

Gildan Activewear (NYSE:GIL) pays an annual dividend of $0.82 per share and currently has a dividend yield of 2.33%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIL will have a dividend payout ratio of 25.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GIL.

ETFs with the largest weight of Gildan Activewear (NYSE:GIL) stock in their portfolio include Invesco International BuyBack Achievers ETF (IPKW) and Schwab International Small-Cap Equity ETF (SCHC).Vanguard FTSE All-World ex-US Small-Cap ETF (VSS).

Gildan Activewear's stock split before market open on Monday, March 30th 2015. The 2-1 split was announced on Wednesday, February 4th 2015. The newly issued shares were issued to shareholders after the market closes on Friday, March 27th 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Gildan Activewear issued an update on its FY 2024 earnings guidance on Monday, April, 15th. The company provided earnings per share guidance of 2.920-3.070 for the period, compared to the consensus estimate of 2.950. The company issued revenue guidance of -.

61 employees have rated Gildan Activewear Chief Executive Officer Glenn J. Chamandy on Glassdoor.com. Glenn J. Chamandy has an approval rating of 83% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gildan Activewear investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Ciena (CIEN), First Data (FDC), Air Canada (AC) and China Unicom (Hong Kong) (CHU).

Gildan Activewear's stock is owned by a variety of retail and institutional investors. Top institutional investors include Cardinal Capital Management Inc. (1.70%), Vaughan Nelson Investment Management L.P. (0.71%), Sumitomo Mitsui Trust Holdings Inc. (0.18%), Addenda Capital Inc. (0.13%), Azzad Asset Management Inc. ADV (0.06%) and Game Plan Financial Advisors LLC (0.04%).

Shares of GIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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