Columbia Sportswear Company (COLM) to Issue Quarterly Dividend of $0.30 on September 3rd

Columbia Sportswear Company (NASDAQ:COLM) announced a quarterly dividend on Thursday, July 30th. Investors of record on Thursday, August 20th will be given a dividend of 0.30 per share by the textile maker on Thursday, September 3rd. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Thursday, August 20th.

Columbia Sportswear has increased its dividend by an average of 0.4%annually over the last three years. Columbia Sportswear has a payout ratio of 33.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Columbia Sportswear to earn $4.35 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 27.6%.

Columbia Sportswear Stock Down 5.4%

Shares of NASDAQ:COLM opened at $59.38 on Friday. The firm has a market capitalization of $3.04 billion, a P/E ratio of 15.42 and a beta of 0.94. Columbia Sportswear has a 12-month low of $47.47 and a 12-month high of $69.06. The firm has a fifty day moving average of $64.19 and a two-hundred day moving average of $60.42.

Columbia Sportswear (NASDAQ:COLM) last issued its earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.91. The company had revenue of $614.36 million for the quarter, compared to analyst estimates of $606.97 million. Columbia Sportswear had a return on equity of 11.12% and a net margin of 6.05%.The business’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.19) EPS. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS. Equities research analysts expect that Columbia Sportswear will post 3.86 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on COLM shares. UBS Group reissued a “sell” rating and set a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. Robert W. Baird set a $65.00 price target on shares of Columbia Sportswear in a research report on Friday. Weiss Ratings upgraded Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Zacks Research downgraded shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Stifel Nicolaus set a $67.00 target price on shares of Columbia Sportswear and gave the company a “buy” rating in a research report on Friday. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $65.40.

About Columbia Sportswear

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.