Columbia Sportswear (NASDAQ:COLM) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Columbia Sportswear (NASDAQ:COLM - Get Free Report) released its quarterly earnings results on Tuesday. The textile maker reported $1.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.86 by ($0.06), Zacks reports. Columbia Sportswear had a return on equity of 12.23% and a net margin of 6.63%. Columbia Sportswear updated its FY 2025 guidance to 3.800-4.150 EPS and its Q1 2025 guidance to 0.620-0.700 EPS.

Columbia Sportswear Price Performance

Shares of COLM stock traded down $0.39 on Friday, hitting $79.27. 859,833 shares of the stock traded hands, compared to its average volume of 513,862. The company's fifty day moving average is $86.15 and its 200 day moving average is $83.04. Columbia Sportswear has a 1-year low of $73.04 and a 1-year high of $91.30. The company has a market capitalization of $4.53 billion, a PE ratio of 20.48, a PEG ratio of 3.16 and a beta of 0.93.

Columbia Sportswear Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Monday, March 10th will be issued a $0.30 dividend. The ex-dividend date is Monday, March 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.51%. Columbia Sportswear's dividend payout ratio (DPR) is 31.01%.

Wall Street Analysts Forecast Growth

COLM has been the topic of several analyst reports. StockNews.com downgraded Columbia Sportswear from a "buy" rating to a "hold" rating in a report on Wednesday. TD Cowen upped their price target on shares of Columbia Sportswear from $70.00 to $84.00 and gave the company a "hold" rating in a report on Tuesday, November 26th. Finally, Stifel Nicolaus raised their price objective on shares of Columbia Sportswear from $92.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, December 11th.

Columbia Sportswear Company Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.