The Gap, Inc. (NYSE:GAP) Announces Quarterly Dividend of $0.18

The Gap, Inc. (NYSE:GAPGet Free Report) announced a quarterly dividend on Tuesday, May 12th. Stockholders of record on Wednesday, July 8th will be given a dividend of 0.175 per share on Wednesday, July 29th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, July 8th.

GAP has a dividend payout ratio of 28.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect GAP to earn $2.61 per share next year, which means the company should continue to be able to cover its $0.70 annual dividend with an expected future payout ratio of 26.8%.

GAP Price Performance

Shares of GAP stock traded down $0.24 on Wednesday, reaching $21.18. The company’s stock had a trading volume of 2,921,406 shares, compared to its average volume of 7,644,387. The company has a market capitalization of $7.74 billion, a P/E ratio of 9.84, a PEG ratio of 1.26 and a beta of 2.11. GAP has a 52-week low of $18.68 and a 52-week high of $29.36. The stock has a 50-day moving average price of $24.80 and a 200-day moving average price of $25.76. The company has a quick ratio of 1.08, a current ratio of 1.75 and a debt-to-equity ratio of 0.39.

GAP (NYSE:GAPGet Free Report) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The business had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $4.24 billion. GAP had a net margin of 5.31% and a return on equity of 22.98%. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.54 earnings per share. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. Analysts expect that GAP will post 2.3 EPS for the current year.

Wall Street Analyst Weigh In

GAP has been the subject of several research reports. Zacks Research cut GAP from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Wall Street Zen cut GAP from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Telsey Advisory Group boosted their price target on GAP from $32.00 to $34.00 and gave the stock an “outperform” rating in a research report on Monday, March 2nd. Argus upgraded GAP to a “strong-buy” rating in a research report on Thursday, January 22nd. Finally, Citigroup boosted their price target on GAP from $25.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday, March 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $30.62.

Read Our Latest Analysis on GAP

GAP Company Profile

(Get Free Report)

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.

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Dividend History for GAP (NYSE:GAP)

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