Columbia Sportswear Company (NASDAQ:COLM) Receives $55.80 Average Price Target from Analysts

Columbia Sportswear Company (NASDAQ:COLM) has been assigned an average recommendation of “Hold” from the nine brokerages that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $55.80.

A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus dropped their price objective on Columbia Sportswear from $68.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, October 31st. BTIG Research reaffirmed a “buy” rating and issued a $75.00 target price on shares of Columbia Sportswear in a research report on Friday, October 31st. Zacks Research upgraded shares of Columbia Sportswear from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Columbia Sportswear in a research note on Monday. Finally, Citigroup cut their target price on shares of Columbia Sportswear from $61.00 to $55.00 and set a “neutral” rating on the stock in a research note on Monday, November 3rd.

Hedge Funds Weigh In On Columbia Sportswear

A number of institutional investors and hedge funds have recently modified their holdings of COLM. Sellwood Investment Partners LLC acquired a new position in shares of Columbia Sportswear during the 3rd quarter worth about $26,000. Fifth Third Bancorp lifted its stake in Columbia Sportswear by 630.0% during the third quarter. Fifth Third Bancorp now owns 511 shares of the textile maker’s stock worth $27,000 after purchasing an additional 441 shares during the last quarter. Allworth Financial LP lifted its stake in Columbia Sportswear by 690.0% during the third quarter. Allworth Financial LP now owns 553 shares of the textile maker’s stock worth $29,000 after purchasing an additional 483 shares during the last quarter. Parallel Advisors LLC boosted its holdings in Columbia Sportswear by 250.0% in the third quarter. Parallel Advisors LLC now owns 581 shares of the textile maker’s stock valued at $30,000 after purchasing an additional 415 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new position in Columbia Sportswear in the second quarter valued at approximately $31,000. Institutional investors and hedge funds own 47.76% of the company’s stock.

Columbia Sportswear Price Performance

NASDAQ COLM opened at $55.63 on Friday. The stock has a market capitalization of $3.00 billion, a P/E ratio of 16.81 and a beta of 0.92. The firm’s 50-day moving average is $53.57 and its two-hundred day moving average is $55.58. Columbia Sportswear has a 12 month low of $47.47 and a 12 month high of $92.88.

Columbia Sportswear (NASDAQ:COLM) last released its quarterly earnings results on Thursday, October 30th. The textile maker reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.16. The business had revenue of $943.43 million for the quarter, compared to the consensus estimate of $917.02 million. Columbia Sportswear had a net margin of 5.45% and a return on equity of 12.45%. The business’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.56 EPS. Columbia Sportswear has set its Q4 2025 guidance at 1.040-1.340 EPS and its FY 2025 guidance at 3.010-3.310 EPS. As a group, analysts anticipate that Columbia Sportswear will post 4.1 EPS for the current year.

Columbia Sportswear Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.2%. Columbia Sportswear’s dividend payout ratio is currently 36.25%.

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.