FY2026 EPS Forecast for Gildan Activewear Lowered by Analyst

Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) – Investment analysts at Scotiabank reduced their FY2026 earnings estimates for shares of Gildan Activewear in a research report issued to clients and investors on Thursday, March 5th. Scotiabank analyst J. Zamparo now expects that the textile maker will post earnings of $4.24 per share for the year, down from their previous estimate of $4.49. Scotiabank currently has a “Sector Outperform” rating and a $74.00 target price on the stock. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.48 per share. Scotiabank also issued estimates for Gildan Activewear’s FY2027 earnings at $5.15 EPS.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last posted its earnings results on Thursday, February 26th. The textile maker reported $0.96 EPS for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.35). The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Gildan Activewear had a net margin of 11.02% and a return on equity of 27.32%. Gildan Activewear’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.83 EPS. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS.

Several other research analysts have also commented on the company. Zacks Research lowered Gildan Activewear from a “hold” rating to a “strong sell” rating in a research report on Monday, February 23rd. Royal Bank Of Canada decreased their target price on Gildan Activewear from $79.00 to $78.00 and set an “outperform” rating on the stock in a research note on Monday. National Bank Financial raised their target price on Gildan Activewear from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $79.00 price target on shares of Gildan Activewear in a research note on Friday, February 20th. Finally, UBS Group restated a “buy” rating and issued a $110.00 price objective (up from $80.00) on shares of Gildan Activewear in a report on Tuesday, December 16th. Thirteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $80.08.

Gildan Activewear Stock Down 2.0%

Gildan Activewear stock opened at $65.85 on Friday. The company has a market capitalization of $12.19 billion, a PE ratio of 25.13 and a beta of 1.05. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.05 and a current ratio of 2.11. Gildan Activewear has a fifty-two week low of $37.16 and a fifty-two week high of $73.69. The firm has a 50 day moving average price of $66.96 and a 200 day moving average price of $61.08.

Hedge Funds Weigh In On Gildan Activewear

Institutional investors and hedge funds have recently modified their holdings of the company. Webster Bank N. A. purchased a new position in Gildan Activewear in the fourth quarter valued at $25,000. Islay Capital Management LLC acquired a new stake in shares of Gildan Activewear during the 4th quarter worth about $25,000. Larson Financial Group LLC boosted its holdings in Gildan Activewear by 3,516.7% in the fourth quarter. Larson Financial Group LLC now owns 434 shares of the textile maker’s stock valued at $27,000 after purchasing an additional 422 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in Gildan Activewear by 161.8% during the second quarter. Smartleaf Asset Management LLC now owns 555 shares of the textile maker’s stock worth $27,000 after purchasing an additional 343 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its holdings in Gildan Activewear by 14,833.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 448 shares of the textile maker’s stock worth $28,000 after purchasing an additional 445 shares in the last quarter. Institutional investors and hedge funds own 82.83% of the company’s stock.

Gildan Activewear Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be paid a $0.249 dividend. This is an increase from Gildan Activewear’s previous quarterly dividend of $0.23. This represents a $1.00 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, March 19th. Gildan Activewear’s payout ratio is presently 34.35%.

Gildan Activewear Company Profile

Gildan Activewear Inc (NYSE:GIL) is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.

Since its founding in 1984 by Glenn J.