Columbia Sportswear (NASDAQ:COLM) Shares Gap Up on Strong Earnings

Shares of Columbia Sportswear Company (NASDAQ:COLM) gapped up prior to trading on Wednesday following a stronger than expected earnings report. The stock had previously closed at $57.40, but opened at $65.96. Columbia Sportswear shares last traded at $66.0580, with a volume of 168,910 shares changing hands.

The textile maker reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.51. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.03 billion. Columbia Sportswear had a net margin of 5.45% and a return on equity of 12.45%. Columbia Sportswear’s quarterly revenue was down 2.4% on a year-over-year basis. During the same period last year, the firm posted $1.80 earnings per share. Columbia Sportswear has set its FY 2026 guidance at 3.200-3.650 EPS and its Q1 2026 guidance at 0.290-0.370 EPS.

Columbia Sportswear Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Monday, March 9th will be given a dividend of $0.30 per share. The ex-dividend date is Monday, March 9th. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. Columbia Sportswear’s dividend payout ratio is 36.25%.

Columbia Sportswear News Roundup

Here are the key news stories impacting Columbia Sportswear this week:

• Positive Sentiment: Q4 earnings and revenue beat consensus (EPS $1.73 vs $1.22 est; revenue $1.07B vs $1.03B) — investors reacted to the upside surprise and higher-than-expected profitability. Read More.
• Positive Sentiment: Full‑year 2026 EPS guidance was raised to $3.20–$3.65, above consensus — this beat on FY outlook supports a higher valuation multiple. Read More.
• Positive Sentiment: Stifel Nicolaus upgraded COLM to Buy and lifted its price target from $60 to $68, signaling analyst conviction and providing catalyst for further upside. Read More.
• Positive Sentiment: Board declared a $0.30 quarterly dividend (annualized yield ~2.1%), which can attract income‑focused investors. (Record March 9; pay March 20)
• Neutral Sentiment: Industry/valuation write‑ups and deep dives are circulating, giving investors additional context on international momentum and brand strategy but not changing the immediate fundamentals. Read More. • Read More.
• Neutral Sentiment: Reported short‑interest data in recent feeds appears erroneous (shows 0 shares); not a reliable signal for positioning.
• Negative Sentiment: Q1 2026 guidance came in well below Street expectations (EPS $0.29–$0.37 vs ~$0.61 consensus; revenue guide also below est.), creating near‑term downside risk and tempering the beat. Read More.
• Negative Sentiment: Revenue was down 2.4% YoY and EPS is slightly below last year’s level (1.73 vs 1.80), and management flagged U.S. headwinds and tariff pressures that could weigh on margins. Read More.

Wall Street Analyst Weigh In

A number of brokerages recently commented on COLM. Weiss Ratings restated a “hold (c-)” rating on shares of Columbia Sportswear in a report on Monday, December 29th. Zacks Research raised shares of Columbia Sportswear from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 20th. Wall Street Zen upgraded Columbia Sportswear from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. UBS Group restated a “sell” rating and set a $39.00 price target (up from $38.00) on shares of Columbia Sportswear in a research report on Thursday, January 8th. Finally, Stifel Nicolaus raised their price objective on Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $57.60.

Institutional Trading of Columbia Sportswear

Institutional investors and hedge funds have recently modified their holdings of the company. Millennium Management LLC raised its holdings in Columbia Sportswear by 24.6% during the first quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock valued at $10,820,000 after acquiring an additional 28,269 shares during the period. Jones Financial Companies Lllp raised its position in shares of Columbia Sportswear by 208.3% during the 1st quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock valued at $42,000 after buying an additional 375 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Columbia Sportswear by 2.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker’s stock valued at $8,675,000 after acquiring an additional 2,680 shares during the last quarter. Jane Street Group LLC grew its position in Columbia Sportswear by 125.0% in the first quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock worth $8,727,000 after acquiring an additional 64,046 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in Columbia Sportswear during the second quarter valued at approximately $425,000. 47.76% of the stock is currently owned by institutional investors.

Columbia Sportswear Price Performance

The firm has a market capitalization of $3.52 billion, a PE ratio of 20.07 and a beta of 0.91. The business has a 50-day simple moving average of $55.10 and a 200-day simple moving average of $54.17.

Columbia Sportswear Company Profile

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.