Research Analysts Issue Forecasts for GIL FY2026 Earnings

Gildan Activewear, Inc. (NYSE:GIL) (TSE:GIL) – Scotiabank reduced their FY2026 EPS estimates for Gildan Activewear in a note issued to investors on Thursday, March 5th. Scotiabank analyst J. Zamparo now anticipates that the textile maker will post earnings of $4.24 per share for the year, down from their previous estimate of $4.49. Scotiabank has a “Sector Outperform” rating and a $74.00 price objective on the stock. The consensus estimate for Gildan Activewear’s current full-year earnings is $3.48 per share. Scotiabank also issued estimates for Gildan Activewear’s FY2027 earnings at $5.15 EPS.

A number of other brokerages also recently commented on GIL. Weiss Ratings restated a “buy (b)” rating on shares of Gildan Activewear in a research note on Monday, December 29th. Zacks Research downgraded Gildan Activewear from a “hold” rating to a “strong sell” rating in a report on Monday, February 23rd. TD Securities reaffirmed a “buy” rating and set a $77.00 price objective on shares of Gildan Activewear in a research note on Tuesday, January 27th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $79.00 target price on shares of Gildan Activewear in a report on Friday, February 20th. Finally, Royal Bank Of Canada decreased their target price on shares of Gildan Activewear from $79.00 to $78.00 and set an “outperform” rating for the company in a research note on Monday. Thirteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $80.08.

Gildan Activewear Price Performance

Shares of GIL opened at $65.85 on Friday. The business’s 50-day moving average is $66.96 and its two-hundred day moving average is $61.08. The company has a market capitalization of $12.19 billion, a P/E ratio of 25.13 and a beta of 1.05. Gildan Activewear has a fifty-two week low of $37.16 and a fifty-two week high of $73.69. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.05 and a current ratio of 2.11.

Gildan Activewear (NYSE:GIL) (TSE:GIL) last issued its earnings results on Thursday, February 26th. The textile maker reported $0.96 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.35). Gildan Activewear had a return on equity of 27.32% and a net margin of 11.02%.The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter last year, the business earned $0.83 EPS. The business’s revenue was up 31.1% on a year-over-year basis. Gildan Activewear has set its FY 2026 guidance at 4.200-4.400 EPS.

Gildan Activewear Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 19th will be issued a $0.249 dividend. This represents a $1.00 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, March 19th. This is a boost from Gildan Activewear’s previous quarterly dividend of $0.23. Gildan Activewear’s payout ratio is presently 34.35%.

Institutional Trading of Gildan Activewear

Several institutional investors have recently modified their holdings of GIL. Vanguard Group Inc. lifted its stake in Gildan Activewear by 26.0% in the 4th quarter. Vanguard Group Inc. now owns 7,566,962 shares of the textile maker’s stock valued at $472,964,000 after buying an additional 1,561,729 shares in the last quarter. Mackenzie Financial Corp increased its stake in Gildan Activewear by 41.2% during the 4th quarter. Mackenzie Financial Corp now owns 6,860,108 shares of the textile maker’s stock worth $429,382,000 after buying an additional 2,001,279 shares in the last quarter. Caisse de depot et placement du Quebec raised its holdings in shares of Gildan Activewear by 1,695.7% during the fourth quarter. Caisse de depot et placement du Quebec now owns 6,240,014 shares of the textile maker’s stock valued at $390,539,000 after acquiring an additional 5,892,514 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Gildan Activewear by 27.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 5,797,077 shares of the textile maker’s stock valued at $363,102,000 after acquiring an additional 1,252,985 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Gildan Activewear by 16.4% in the fourth quarter. Royal Bank of Canada now owns 5,717,871 shares of the textile maker’s stock worth $357,138,000 after acquiring an additional 805,396 shares during the last quarter. Institutional investors and hedge funds own 82.83% of the company’s stock.

Gildan Activewear Company Profile

Gildan Activewear Inc (NYSE:GIL) is a vertically integrated manufacturer and wholesaler of branded basic apparel, including activewear, socks, hosiery and underwear. Headquartered in Montreal, Quebec, the company produces a wide range of products such as T-shirts, fleece garments, sport shirts, performance wear, and shapewear under its Gildan, Anvil, Comfort Colors, Gold Toe, Peds and Silks brands. Leveraging its in-house knitting, dyeing, cut-and-sew and finishing operations, Gildan supplies blank apparel to screen printers, promotional product distributors and major retailers around the world.

Since its founding in 1984 by Glenn J.