TSE:GIL Q1 EPS Estimate Decreased by National Bank Financial

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) – Analysts at National Bank Financial cut their Q1 2025 earnings per share estimates for shares of Gildan Activewear in a research note issued on Sunday, April 20th. National Bank Financial analyst V. Shreedhar now anticipates that the company will earn $0.79 per share for the quarter, down from their previous estimate of $0.81. The consensus estimate for Gildan Activewear’s current full-year earnings is $4.55 per share. National Bank Financial also issued estimates for Gildan Activewear’s Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $1.45 EPS, Q3 2026 earnings at $1.57 EPS, Q4 2026 earnings at $1.39 EPS, FY2026 earnings at $5.30 EPS and FY2027 earnings at $5.78 EPS.

Gildan Activewear (TSE:GIL) (NYSE:GIL) last released its earnings results on Wednesday, February 19th. The company reported C$0.83 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.82 by C$0.01. Gildan Activewear had a net margin of 13.05% and a return on equity of 23.10%. During the same period in the prior year, the firm posted $0.75 EPS.

Several other brokerages have also recently issued reports on GIL. Desjardins lifted their target price on shares of Gildan Activewear from C$82.00 to C$87.00 and gave the stock a “buy” rating in a report on Thursday, February 20th. National Bankshares reduced their price objective on Gildan Activewear from C$83.00 to C$72.00 in a research report on Monday. Finally, UBS Group raised Gildan Activewear from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 10th. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$65.75.

Gildan Activewear Stock Performance

Gildan Activewear stock opened at C$57.86 on Tuesday. Gildan Activewear has a twelve month low of C$44.23 and a twelve month high of C$79.11. The company has a quick ratio of 0.87, a current ratio of 2.31 and a debt-to-equity ratio of 101.26. The company has a market capitalization of C$6.28 billion, a P/E ratio of 15.51, a PEG ratio of 4.55 and a beta of 1.64. The stock’s 50 day moving average is C$66.05 and its 200 day moving average is C$68.00.

Insider Activity

In other Gildan Activewear news, Senior Officer Rhodri Harries sold 100,000 shares of the stock in a transaction on Thursday, February 27th. The shares were sold at an average price of C$78.08, for a total transaction of C$7,808,000.00. Also, Senior Officer Michael Schroeder sold 4,299 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of C$78.02, for a total value of C$335,428.68. Insiders have sold 110,144 shares of company stock worth $8,568,586 over the last ninety days. Corporate insiders own 2.26% of the company’s stock.

Gildan Activewear Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 7th. Shareholders of record on Monday, April 7th were issued a dividend of $0.226 per share. The ex-dividend date was Wednesday, March 12th. This is a boost from Gildan Activewear’s previous quarterly dividend of $0.21. This represents a $0.90 dividend on an annualized basis and a yield of 1.56%. Gildan Activewear’s dividend payout ratio (DPR) is currently 29.76%.

About Gildan Activewear

Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts to wholesalers and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels.