Columbia Sportswear Company (COLM) To Go Ex-Dividend on March 9th

Columbia Sportswear Company (NASDAQ:COLM) declared a quarterly dividend on Tuesday, February 3rd. Shareholders of record on Monday, March 9th will be given a dividend of 0.30 per share by the textile maker on Friday, March 20th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Monday, March 9th.

Columbia Sportswear has increased its dividend payment by an average of 0.0%per year over the last three years. Columbia Sportswear has a dividend payout ratio of 33.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Columbia Sportswear to earn $4.62 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 26.0%.

Columbia Sportswear Price Performance

Shares of Columbia Sportswear stock opened at $65.69 on Thursday. Columbia Sportswear has a 1-year low of $47.47 and a 1-year high of $92.88. The company has a market capitalization of $3.54 billion, a PE ratio of 20.27 and a beta of 0.91. The business has a 50-day moving average of $55.33 and a 200-day moving average of $54.25.

Columbia Sportswear (NASDAQ:COLM) last issued its quarterly earnings results on Tuesday, February 3rd. The textile maker reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.51. Columbia Sportswear had a return on equity of 12.09% and a net margin of 5.22%.The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the prior year, the business posted $1.80 earnings per share. Columbia Sportswear’s revenue for the quarter was down 2.4% on a year-over-year basis. 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. On average, equities analysts expect that Columbia Sportswear will post 4.1 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Columbia Sportswear

A number of hedge funds and other institutional investors have recently bought and sold shares of COLM. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Columbia Sportswear by 2.9% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,877 shares of the textile maker’s stock worth $481,000 after purchasing an additional 221 shares during the last quarter. Huntington National Bank grew its stake in shares of Columbia Sportswear by 33.8% in the 3rd quarter. Huntington National Bank now owns 1,005 shares of the textile maker’s stock valued at $53,000 after buying an additional 254 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Columbia Sportswear by 195.4% in the fourth quarter. Farther Finance Advisors LLC now owns 449 shares of the textile maker’s stock worth $25,000 after buying an additional 297 shares during the last quarter. Prudential Financial Inc. raised its position in Columbia Sportswear by 11.7% during the second quarter. Prudential Financial Inc. now owns 3,333 shares of the textile maker’s stock valued at $204,000 after acquiring an additional 350 shares in the last quarter. Finally, US Bancorp DE raised its position in Columbia Sportswear by 29.6% during the third quarter. US Bancorp DE now owns 1,621 shares of the textile maker’s stock valued at $85,000 after acquiring an additional 370 shares in the last quarter. 47.76% of the stock is currently owned by institutional investors and hedge funds.

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.