Gildan Activewear, Inc. (NYSE:GIL) is expected to pay $0.08 on Dec 12, 2016. The indicated annual dividend is $0.31. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on Gildan Activewear, Inc.’s current price of $26.45, the dividend is 0.29%. This dividend’s record date is Nov 18, 2016 and the announcement date is Nov 4, 2016. The stock increased 5.04% or $1.27 during the last trading session, hitting $26.45. Gildan Activewear Inc (USA) (NYSE:GIL) has declined 12.59% since April 13, 2016 and is downtrending. It has underperformed by 16.52% the S&P500.
Gildan Activewear Inc. is a manufacturer and marketer of branded basic family apparel. The company has a market cap of $6.23 billion. The Company’s divisions include Printwear and Branded Apparel. It has a 18.47 P/E ratio. It offers T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear.
Gildan Activewear Inc (USA) (NYSE:GIL) Ratings Coverage
Out of 7 analysts covering Gildan Activewear Inc. (NYSE:GIL), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. Gildan Activewear Inc. has been the topic of 14 analyst reports since August 4, 2015 according to StockzIntelligence Inc. On Thursday, October 15 the stock rating was initiated by Brean Capital with “Hold”. Zacks downgraded the stock to “Hold” rating in Monday, August 31 report. RBC Capital Markets maintained Gildan Activewear Inc (USA) (NYSE:GIL) rating on Friday, November 13. RBC Capital Markets has “Outperform” rating and $34.0 price target. Stifel Nicolaus maintained Gildan Activewear Inc (USA) (NYSE:GIL) rating on Thursday, February 25. Stifel Nicolaus has “Buy” rating and $32 price target. The firm has “Outperform” rating by Credit Suisse given on Friday, October 16. The company was maintained on Tuesday, August 4 by Scotia Capital. RBC Capital Markets maintained it with “Outperform” rating and $33 target price in Friday, January 29 report. Desjardins Securities upgraded Gildan Activewear Inc (USA) (NYSE:GIL) rating on Tuesday, August 4. Desjardins Securities has “Buy” rating and $46.50 price target. The stock of Gildan Activewear Inc (USA) (NYSE:GIL) has “Sell” rating given on Monday, August 17 by Zacks. The company was maintained on Thursday, February 25 by RBC Capital Markets.
More notable recent Gildan Activewear Inc (USA) (NYSE:GIL) news were published by: Latimes.com which released: “American Apparel files for bankruptcy again and agrees to sell its brand to Gildan” on November 14, 2016, also Fool.ca with their article: “3 Reasons to Own Gildan Activewear Inc.” published on September 14, 2016, Fool.ca published: “Is Gildan Activewear Inc. a Buy After Dipping 12%?” on September 23, 2016. More interesting news about Gildan Activewear Inc (USA) (NYSE:GIL) were released by: Fool.ca and their article: “Why Gildan Activewear Inc. Tanked Over 5% on Wednesday” published on July 28, 2016 as well as Forbes.com‘s news article titled: “Ex-Dividend Reminder: Gildan Activewear, Metaldyne Performance Group and PACCAR” with publication date: November 14, 2016.
GIL Company Profile
Gildan Activewear Inc., incorporated on May 8, 1984, is a maker and marketer of branded basic family apparel. The Company’s divisions include Printwear and Branded Apparel. The Firm offers T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The Firm markets its products through approximately two main distribution channels. The Firm sells its products in printwear markets in the United States and Canada, as well as in Europe, Asia-Pacific and Latin America. The Company’s other main channel of distribution is in retail markets in the United States and Canada, where its products are sold to a range of retailers. It markets its products under a portfolio of brands, including the Gildan, Gold Toe, Anvil and Comfort Colors brands, and brand extensions, as well as the Secret, Silks and Therapy Plus brands. The Firm also has the United States sock license for Under Armour, and licenses for the Mossy Oak and New Balance brands. The Firm also makes for global athletic and lifestyle consumer brands.
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