JOUTJohnson Outdoors Inc. shows a mixed picture with solid dividend payments and a stable balance sheet, but faces challenges with recent profitability declines and a weak technical outlook. Long-term growth prospects are uncertain due to a lack of significant thematic tailwinds.
Johnson Outdoors operates in sectors like outdoor recreation and fishing. While these industries have steady demand, they lack strong secular growth trends or disruptive technological advancements that would drive significant thematic investor interest.
Johnson Outdoors maintains a healthy dividend yield and a solid balance sheet with ample cash. However, recent profitability has been inconsistent, with a significant net loss reported in the latest annual period.
The stock is trading below key moving averages and shows weak momentum across multiple timeframes. There are no immediate signs of a bullish reversal.
| Factor | Score |
|---|---|
| Outdoor Recreation Trends | 60 |
| Technological Innovation | 30 |
| Sustainability Focus | 50 |
| Market Niche Strength | 50 |
| E-commerce & Digitalization | 40 |
| Factor | Score |
|---|---|
| Valuation | 70 |
| Profitability | 20 |
| Growth | 30 |
| Balance Sheet Health | 95 |
| Cash Flow | 70 |
| Dividend Yield | 85 |
| Factor | Score |
|---|---|
| Trend Analysis | 30 |
| Momentum | 40 |
| Volume Confirmation | 50 |
| Support & Resistance | 50 |
| MACD | 35 |
Strong Cash Position
The company maintains a substantial cash and cash equivalents of $145,498,000 as of Q3 2024, providing a strong buffer against short-term financial needs.
Consistent Dividend Payments
The company has a history of consistent dividend payments, with the latest ex-dividend date on 2025-07-10 and a dividend yield of 4.1%, indicating a commitment to returning value to shareholders.
Negative Earnings Per Share (EPS)
The EPS TTM is -$4.45, and recent quarterly EPS estimates have been missed, indicating profitability challenges.
Declining Net Margin
The net margin has significantly decreased from 11.1% in 2021 to -4.5% in Q3 2024, highlighting a deterioration in profitability.
July 2025
10
Ex-Dividend Date
July 2025
24
Next Dividend Date
August 2025
4
Next Earnings Date
H: $0.18
A: $0.18
L: $0.18
H: 172.98M
A: 172.98M
L: 172.98M
Johnson Outdoors Inc. designs, manufactures, and markets seasonal and outdoor recreation products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing. This segment sells its products under the Minn Kota, Humminbird, and Cannon brands through outdoor specialty retailers, retail store chains, internet dealers, original equipment manufacturers, and distributors. The Camping segment provides portable outdoor cooking systems, single burner and two burner stoves, and accessories under the Jetboil brand to camping and backpacking specialty stores, sporting goods stores, internet retailers, and direct customer through website and distributors. The Watercraft Recreation segment offers kayaks, canoes, personal watercraft equipment and products, and paddles for family recreation, touring, and angling through independent specialty and outdoor retailers under Old Town and Carlisle brands. The Diving segment manufactures and markets underwater diving and snorkeling equipment, such as regulators, buoyancy compensators, dive computers and gauges, wetsuits, masks, fins, snorkels, and accessories through independent specialty dive stores and diving magazines under the SCUBAPRO brand. This segment also provides regular maintenance, product repair, diving education, and travel program services; and sells diving gear to dive training centers, resorts, and public safety units through websites. The company was founded in 1970 and is headquartered in Racine, Wisconsin.