Welcome to our dedicated page for Garmin news (Ticker: GRMN), a resource for investors and traders seeking the latest updates and insights on Garmin stock.
Garmin Ltd. (NYSE: GRMN) regularly issues news covering its GPS-enabled devices, software platforms and technology solutions across fitness, outdoor, automotive, aviation and marine markets. As a Swiss-incorporated manufacturer with principal subsidiaries in the United States, Taiwan and the United Kingdom, Garmin uses press releases to highlight new products, platform updates, collaborations and financial communications.
Recent announcements illustrate the range of Garmin’s news. In fitness and health, the company has introduced nutrition tracking within the Garmin Connect app and Garmin Connect+ plan, allowing users to log calories and macronutrients, access a global food database, use AI-powered food recognition and receive Active Intelligence insights that relate nutrition to sleep, training and overall wellbeing. Annual Garmin Connect Data Reports summarize global activity and health trends drawn from the Garmin user community.
In outdoor and marine categories, Garmin news includes launches such as the inReach Mini 3 Plus satellite communicator for backcountry connectivity and safety, and JL Audio AP Amplifiers designed for boats and off-road vehicles with rugged construction and IP67 water and dust resistance. For mariners, Garmin has also announced nautical smartwatches like the quatix 8 Pro, which combine marine-focused features with satellite and cellular connectivity where available.
Garmin’s aviation and automotive OEM updates feature integrated flight decks like the G5000H for helicopter upgrades, as well as automotive platforms such as Unified Cabin and the Nexus high-performance compute platform developed with Qualcomm Technologies. These releases describe capabilities ranging from synthetic vision and terrain awareness in cockpits to AI/LLM-based virtual assistants, digital keys and multi-domain computing in vehicles.
Investors can also find news about upcoming earnings conference calls and quarterly results, which are referenced in Form 8-K filings and associated press releases. For anyone following GRMN, this news feed offers a centralized view of product introductions, technology demonstrations, partnerships and corporate updates.
Garmin (NYSE: GRMN) has been recognized as Supplier of the Year by Embraer for the seventh consecutive year during the virtual Suppliers Conference on December 2. Garmin excelled in the Electric and Electronic Systems category, praised for its G3000 Prodigy Touch flight deck systems in the Phenom 100EV and Phenom 300E. The award reflects Garmin's commitment to innovation, production support, and customer satisfaction. Over the last decade, Garmin has received 12 supplier awards from Embraer, showcasing its leadership in avionics solutions for various aviation sectors.
Intercontinental Exchange (NYSE: ICE) announced that Garmin Ltd. (NYSE: GRMN) has successfully completed its transfer to the New York Stock Exchange. Garmin, a leader in various markets for over 30 years, aims to leverage NYSE's advanced market model and extensive network of business leaders. CEO Cliff Pemble expressed confidence in the move, highlighting it as a strategic advantage that will enhance brand value and shareholder returns. Since 2000, approximately 300 companies, worth over $1 trillion, have transitioned to the NYSE.
Summary not available.
Garmin has been awarded the Best of What’s New Award for its Descent Mk2i dive computer and Descent T1 transmitter. This recognition highlights Garmin's innovative SubWave sonar communication technology, enabling advanced underwater data sharing. Retail prices are $1,499.99 for the Mk2i and $399.99 for the T1, with a bundle available for $1,849.99.
The Board of Garmin Ltd. (NASDAQ: GRMN) has declared a dividend of $0.67 per share, with a payment date of December 31, 2021 and a record date of December 15, 2021. This is part of a total annual cash dividend of $2.68 per share, approved by shareholders. The dividend will be divided into four equal installments, with two already paid on June 30, 2021 and September 30, 2021. The next installment is tentatively scheduled for March 31, 2022.
Garmin has secured a multiyear partnership as the Official Equipment Supplier for the University of New Mexico track and field and cross-country teams through spring 2024. This is Garmin's first venture supplying equipment to college teams. Athletes will utilize Garmin watches and accessories, including Forerunner 55, Forerunner 245, and HRM-Pro. The University boasts a strong athletic history with 25 Mountain West championships and 10 NCAA individual champions, highlighting the significance of this collaboration.
Garmin Ltd. (NASDAQ: GRMN) has announced its transfer of share listing from Nasdaq to the New York Stock Exchange (NYSE), effective December 7, 2021. This strategic move aims to enhance its visibility alongside established companies. Garmin, known for its innovation in the fitness, automotive, marine, and aviation sectors, plans to celebrate the transition by ringing the NYSE Opening Bell on the same date. The company continues to grow in the smartwatch market and has received accolades for its pioneering products, including the award-winning Autoland technology.
Summary not available.
Garmin has entered a two-year agreement to become the title sponsor of the Garmin RunningLane Cross Country Championships, commencing on December 4, 2021, in Huntsville, Alabama. This prestigious event will feature over 1,500 high school athletes from across the U.S., competing for various individual and team awards. Garmin aims to promote its running products, including Forerunner series watches, and underscores its commitment to supporting youth athletes. This sponsorship will enhance Garmin's brand visibility within the fitness community.
Garmin has announced the winners of its 2021 Garmin Health Awards during the Garmin Health Summit in Lisbon. The awards recognize innovative solutions utilizing Garmin wearables in health and wellness programs. Winners include Fitrockr in Health Care, Qumata in Insurance, and Viessmann in Engagement, each receiving Garmin Venu Sq smartwatches. The summit showcased how Garmin’s technology improves business outcomes in health care and corporate wellness.
FAQ
What is the current stock price of Garmin (GRMN)?
What is the market cap of Garmin (GRMN)?
