TSE:GIL Q3 EPS Forecast Decreased by National Bank Financial

Gildan Activewear Inc. (TSE:GIL) (NYSE:GIL) – Analysts at National Bank Financial reduced their Q3 2026 earnings per share (EPS) estimates for shares of Gildan Activewear in a report released on Wednesday, April 30th. National Bank Financial analyst V. Shreedhar now anticipates that the company will post earnings per share of $1.53 for the quarter, down from their previous forecast of $1.57. 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 Q4 2026 earnings at $1.36 EPS.

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

Several other research analysts also recently commented on GIL. Barclays raised shares of Gildan Activewear to a “strong-buy” rating in a research note on Monday, April 28th. National Bankshares lowered their price target on shares of Gildan Activewear from C$83.00 to C$72.00 in a research note on Monday, April 21st. UBS Group raised Gildan Activewear from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 10th. Finally, Desjardins decreased their price objective on Gildan Activewear from C$87.00 to C$80.00 and set a “buy” rating on the stock in a report on Wednesday. Four investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$64.00.

Gildan Activewear Price Performance

Shares of Gildan Activewear stock opened at C$65.45 on Friday. The business’s 50-day moving average price is C$63.71 and its 200-day moving average price is C$67.76. The firm has a market capitalization of C$7.11 billion, a PE ratio of 17.55, a price-to-earnings-growth ratio of 4.55 and a beta of 1.64. Gildan Activewear has a 12 month low of C$44.26 and a 12 month high of C$79.11. The company has a current ratio of 2.31, a quick ratio of 0.87 and a debt-to-equity ratio of 101.26.

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 paid a dividend of $0.226 per share. This represents a $0.90 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend is Tuesday, May 20th. Gildan Activewear’s dividend payout ratio (DPR) is 29.76%.

Insider Transactions at Gildan Activewear

In other Gildan Activewear news, Senior Officer Rhodri Harries sold 100,000 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of C$78.08, for a total transaction of C$7,808,000.00. Also, Senior Officer John Maness sold 1,661 shares of Gildan Activewear stock in a transaction on Thursday, March 13th. The stock was sold at an average price of C$68.77, for a total value of C$114,234.28. Over the last ninety days, insiders sold 110,144 shares of company stock worth $8,568,586. Company insiders own 2.26% of the company’s stock.

Gildan Activewear Company Profile

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.