Gildan Activewear (GIL) Stock Price, News & Analysis

12 Wall Street 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 analysts is that investors should "moderate buy" GIL shares.
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12 equities research analysts have issued 1-year price targets for Gildan Activewear's stock. Their GIL share price targets range from $36.00 to $53.00. On average, they anticipate the company's stock price to reach $41.25 in the next twelve months. This suggests a possible upside of 16.8% 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 6.9% and is now trading at $35.33.
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Gildan Activewear saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 1,300,000 shares, a drop of 12.2% from the March 15th total of 1,480,000 shares. Based on an average daily trading volume, of 845,200 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.8% of the company's stock are sold short.
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 Inc. (NYSE:GIL) issued its quarterly earnings results on Wednesday, February, 21st. The textile maker reported $0.75 EPS for the quarter, topping the consensus estimate of $0.72 by $0.03. The textile maker earned $782.70 million during the quarter, compared to analyst estimates of $753.35 million. Gildan Activewear had a net margin of 16.70% and a trailing twelve-month return on equity of 23.19%. The company's revenue for the quarter was up 8.7% on a year-over-year basis. During the same period last year, the company earned $0.65 EPS.

Gildan Activewear declared a quarterly dividend on Tuesday, February 20th. Stockholders of record on Wednesday, March 13th will be paid a dividend of $0.205 per share on Monday, April 8th. This represents a $0.82 dividend on an annualized basis and a yield of 2.32%. 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 2.30%. 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 on Monday, March 30th 2015. The 2-1 split was announced on Wednesday, February 4th 2015. The newly issued shares were distributed 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 (EPS) guidance of 2.920-3.070 for the period, compared to the consensus EPS 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 many different retail and institutional investors. Top institutional shareholders include Cardinal Capital Management Inc. (1.70%), Game Plan Financial Advisors LLC (0.04%), Cooper Financial Group (0.01%) and Mather Group LLC. (0.00%).

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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