Columbia Sportswear Company (NASDAQ:COLM – Get Free Report) announced a quarterly dividend on Thursday, October 29th. Stockholders of record on Thursday, November 19th will be given a dividend of $0.30 per share by the textile maker on Thursday, December 3rd. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, November 19th.
Columbia Sportswear has raised its dividend payment by an average of 0.4% annually over the last three years. Columbia Sportswear has a dividend payout ratio of 33.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Columbia Sportswear to earn $4.27 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 28.1%.
Columbia Sportswear Price Performance
COLM stock opened at $67.54 on Friday. The company’s 50 day simple moving average is $58.44 and its 200-day simple moving average is $59.75. The firm has a market capitalization of $3.45 billion, a PE ratio of 17.55 and a beta of 0.93. Columbia Sportswear has a 12 month low of $47.47 and a 12 month high of $69.06.
Columbia Sportswear (NASDAQ:COLM – Get Free Report) last issued its quarterly earnings data on Thursday, October 29th. The textile maker reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.38. Columbia Sportswear had a net margin of 6.97% and a return on equity of 11.72%. The business had revenue of $962.58 million during the quarter, compared to analysts’ expectations of $944.91 million. During the same period last year, the company posted $1.41 EPS. The company’s revenue was up 2.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Columbia Sportswear will post 3.55 earnings per share for the current year.
Columbia Sportswear News Summary
Here are the key news stories impacting Columbia Sportswear this week:
- Positive Sentiment: Q3 earnings and revenue beat expectations. Columbia reported adjusted earnings of $1.66 per share, up from $1.41 a year earlier and above the $1.25-$1.28 analyst estimates. Revenue reached $962.6 million, compared with expectations of approximately $944.9 million, representing 2% year-over-year growth. Columbia Sportswear Q3 earnings report
- Positive Sentiment: Growth was supported by international operations and direct-to-consumer sales. These areas helped the company outperform quarterly sales expectations and encouraged management to increase its full-year 2026 outlook, slightly above consensus expectations. COLM Q3 earnings beat estimates
- Positive Sentiment: BTIG Research raised its price target. BTIG increased its target for COLM from $80 to $83 and upgraded or reaffirmed a “Buy” rating, implying further upside based on the reported share price. BTIG Research Columbia Sportswear rating
- Neutral Sentiment: Columbia maintained its quarterly dividend. The company declared a $0.30-per-share dividend, or $1.20 annualized, with an approximately 1.8% yield. The stock will trade ex-dividend on November 19, with payment scheduled for December 3. Columbia Sportswear dividend announcement
About Columbia Sportswear
Columbia Sportswear Company is an outdoor and active lifestyle apparel, footwear, accessories and equipment company headquartered in Portland, Oregon. Founded in 1938 as the Columbia Hat Company, the business has grown into a global outdoor brand focused on products designed for activities such as hiking, skiing, fishing, camping and everyday outdoor use.
The company markets products under the Columbia, Sorel, Mountain Hardwear and prAna brands. Its offerings include jackets, shirts, pants, base layers, footwear, hats, gloves, backpacks and other outdoor accessories.
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