Callaway Golf Company(ELY) is having a Dividend Yield of 0.38% with the Annual cash Dividend per share of $0.04. The last quarter cash dividend per share pay out was $0.01. Callaway Golf Company has a 5 year average dividend yield of 0.51% and the stock has a Indicated annual dividend of $0.04. Callaway Golf Company(ELY) formally announced its most recent dividend on February 7, 2017 with a Dividend per share of $0.01. The new indicated annual dividend based on announced dividend per share is $0.04. The dividend yield based on the forward looking indicated annual dividend is 0.38%. Callaway Golf Company(ELY) has the most recent dividend payout ratio of 0.08 with a 5-year average payout ratio of 0.24.
Callaway Golf Company (NYSE:ELY) witnessed a decline in the market cap on Thursday as its shares dropped 1.15% or 0.12 points. After the session commenced at $10.47, the stock reached the higher end at $10.49 while it hit a low of $10.25. With the volume soaring to 858,926 shares, the last trade was called at $10.32. The company has a 52-week high of $12.56. The company has a market cap of $971 million and there are 94,112,834 shares in outstanding. The 52-week low of the share price is $8.235. Callaway Golf Company has lost 1.24% in the last five trading days and dropped 9.71% in the last 4 weeks. Callaway Golf Company has dropped 13.64% during the last 3-month period . Year-to-Date the stock performance stands at -5.84%.
Currently the company Insiders own 2.1% of Callaway Golf Company shares according to the proxy statements. Institutional Investors own 85.85% of Callaway Golf Company shares. Company has reported several Insider transactions to the SEC, on Feb 5, 2016, Brian P. Lynch (SVP, G.C. & Corp Secretary) sold 16,584 shares at 9.52 per share price.On Apr 28, 2015, Bradley J Holiday (SEVP, CFO) sold 59,518 shares at 10.05 per share price.On Apr 21, 2015, Alan Hocknell (SVP, Research & Development) sold 70,950 shares at 9.95 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Callaway Golf Co was Reiterated by Imperial Capital on Feb 7, 2017 to Outperform, Lowers Price Target to $ 13 from a previous price target of $14 .
Callaway Golf Co Last issued its quarterly earnings results on Feb 2, 2017. The company reported $-0.18 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $-0.17. The company had revenue of $164.00 million for the quarter, compared to analysts expectations of $170.74 million. The companys revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.29 EPS.
Callaway Golf Company is designs, develops, manufactures and markets high quality, innovative golf clubs. The Companys golf clubs are sold at premium prices to both average and skilled golfers on the basis of performance, ease of use and appearance.