Brokerages Set Columbia Sportswear Company (NASDAQ:COLM) Price Target at $60.50

Columbia Sportswear Company (NASDAQ:COLMGet Free Report) has been assigned an average rating of “Hold” from the nine analysts that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $60.50.

A number of research firms have recently weighed in on COLM. Zacks Research raised shares of Columbia Sportswear from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 5th. Wall Street Zen upgraded Columbia Sportswear from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Robert W. Baird set a $63.00 price objective on Columbia Sportswear in a report on Wednesday, February 4th. BTIG Research reissued a “buy” rating and issued a $75.00 target price on shares of Columbia Sportswear in a research report on Friday, January 30th. Finally, Citigroup restated a “neutral” rating and issued a $62.00 target price (up from $55.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th.

Get Our Latest Report on COLM

Columbia Sportswear Price Performance

Shares of Columbia Sportswear stock opened at $54.59 on Monday. The firm has a market cap of $2.86 billion, a PE ratio of 16.85 and a beta of 0.89. Columbia Sportswear has a 1 year low of $47.47 and a 1 year high of $77.68. The stock has a fifty day moving average price of $58.20 and a 200-day moving average price of $55.24.

Columbia Sportswear (NASDAQ:COLMGet Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The textile maker reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.51. Columbia Sportswear had a net margin of 5.22% and a return on equity of 12.03%. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the previous year, the firm earned $1.80 EPS. The firm’s quarterly revenue was down 2.4% on a year-over-year basis. Columbia Sportswear has set its FY 2026 guidance at 3.200-3.650 EPS and its Q1 2026 guidance at 0.290-0.370 EPS. As a group, equities analysts anticipate that Columbia Sportswear will post 4.1 EPS for the current fiscal year.

Columbia Sportswear Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Monday, March 9th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Monday, March 9th. Columbia Sportswear’s payout ratio is currently 37.04%.

Hedge Funds Weigh In On Columbia Sportswear

A number of institutional investors and hedge funds have recently added to or reduced their stakes in COLM. Hsbc Holdings PLC bought a new stake in shares of Columbia Sportswear in the fourth quarter valued at approximately $2,826,000. Corient Private Wealth LLC purchased a new stake in shares of Columbia Sportswear during the 4th quarter valued at approximately $288,000. Mercer Global Advisors Inc. ADV boosted its holdings in Columbia Sportswear by 63.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 12,809 shares of the textile maker’s stock worth $706,000 after buying an additional 4,951 shares during the period. Summit Securities Group LLC purchased a new position in Columbia Sportswear in the 4th quarter valued at approximately $43,000. Finally, Numerai GP LLC purchased a new position in Columbia Sportswear in the 4th quarter valued at approximately $310,000. Institutional investors own 47.76% of the company’s stock.

Columbia Sportswear Company Profile

(Get Free Report)

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.

Recommended Stories

Analyst Recommendations for Columbia Sportswear (NASDAQ:COLM)

Receive News & Ratings for Columbia Sportswear Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia Sportswear and related companies with MarketBeat.com's FREE daily email newsletter.