Shares of Gildan Activewear, Inc. (NYSE:GIL – Get Free Report) (TSE:GIL) have been given an average recommendation of “Moderate Buy” by the fifteen brokerages that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $57.42.
GIL has been the topic of several recent analyst reports. TD Cowen reiterated a “buy” rating on shares of Gildan Activewear in a research note on Friday, November 6th. Zacks Research lowered Gildan Activewear from a “hold” rating to a “strong sell” rating in a research note on Monday, November 9th. Scotia lifted their price objective on Gildan Activewear from $65.00 to $67.00 and gave the stock a “sector outperform” rating in a report on Friday, July 31st. William Blair set a $49.00 price objective on Gildan Activewear in a report on Friday, November 6th. Finally, Royal Bank Of Canada cut their target price on Gildan Activewear from $70.00 to $50.00 and set an “outperform” rating on the stock in a research report on Friday, November 6th.
Check Out Our Latest Report on GIL
Gildan Activewear Stock Down 0.7%
NYSE:GIL traded down $0.25 on Friday, reaching $34.58. The stock had a trading volume of 4,669,745 shares, compared to its average volume of 1,954,324. The company has a current ratio of 2.32, a quick ratio of 1.22 and a debt-to-equity ratio of 1.07. The company has a 50-day moving average of $42.17 and a 200 day moving average of $54.39. The stock has a market cap of $6.40 billion, a P/E ratio of 30.88 and a beta of 1.15. Gildan Activewear has a 12-month low of $31.33 and a 12-month high of $73.69.
Gildan Activewear (NYSE:GIL – Get Free Report) (TSE:GIL) last announced its earnings results on Thursday, November 5th. The textile maker reported $1.54 earnings per share for the quarter, missing the consensus estimate of $1.57 by ($0.03). Gildan Activewear had a net margin of 3.77% and a return on equity of 21.76%. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.62 billion. On average, research analysts predict that Gildan Activewear will post 4.24 earnings per share for the current year.
Gildan Activewear Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, December 21st. Stockholders of record on Wednesday, November 25th will be given a dividend of $0.2490 per share. The ex-dividend date of this dividend is Wednesday, November 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. Gildan Activewear’s dividend payout ratio (DPR) is presently 89.29%.
Institutional Trading of Gildan Activewear
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Caisse de depot et placement du Quebec acquired a new stake in Gildan Activewear in the second quarter valued at $601,931,000. Janus Henderson Group PLC boosted its stake in Gildan Activewear by 0.9% during the 1st quarter. Janus Henderson Group PLC now owns 10,593,203 shares of the textile maker’s stock valued at $589,508,000 after acquiring an additional 98,134 shares during the last quarter. Jupiter Topco LLC bought a new position in Gildan Activewear during the 2nd quarter valued at $573,363,000. Royal Bank of Canada grew its holdings in Gildan Activewear by 20.9% during the 1st quarter. Royal Bank of Canada now owns 6,911,589 shares of the textile maker’s stock worth $384,629,000 after acquiring an additional 1,193,718 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in Gildan Activewear by 15.7% during the 1st quarter. The Manufacturers Life Insurance Company now owns 6,706,078 shares of the textile maker’s stock worth $373,122,000 after acquiring an additional 909,001 shares in the last quarter. Institutional investors own 82.83% of the company’s stock.
Top Gildan Activewear Stories
Investors following GIL have been watching these stories:
- Negative Sentiment: The lawsuit covers investors who bought Gildan shares from February 19, 2025, through June 15, 2026. One notice says the case followed a June 16 disclosure and alleges Gildan masked weak organic demand by stuffing distributor channels. Continued attention to the claims could weigh on sentiment and adds legal uncertainty. Article: SueWallSt Reminds Shareholders of Lead Plaintiff Deadline
- Neutral Sentiment: Multiple firms reminded investors that December 14, 2026, is the deadline to seek appointment as lead plaintiff. These notices largely repeat information about the existing case rather than announce a new development. Article: Kaplan Fox Notifies Investors of Upcoming Lead Plaintiff Deadline
Gildan Activewear Company Profile
Gildan Activewear Inc. is a Canadian apparel manufacturer headquartered in Montreal. Founded in 1984, the company produces and sells basic apparel, including T-shirts, fleece, underwear, socks and hosiery. Its brands include Gildan, American Apparel and Comfort Colors. The company serves wholesale distributors, screen printers, retailers and other customers, supplying products for both imprinting and everyday wear. Its vertically integrated operations span the manufacturing process, from yarn production and fabric-making to garment assembly and distribution.
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