Gap (The)(GPS) is having a Dividend Yield of 3.77% with the Annual cash Dividend per share of $0.92. The last quarter cash dividend per share pay out was $0.23. Gap (The) has a 5 year average dividend yield of 2.4% and the stock has a Indicated annual dividend of $0.92. Gap (The)(GPS) formally announced its most recent dividend on November 11, 2016 with a Dividend per share of $0.23. The new indicated annual dividend based on announced dividend per share is $0.92. The dividend yield based on the forward looking indicated annual dividend is 3.77%. Gap (The)(GPS) has the most recent dividend payout ratio of 0.44 with a 5-year average payout ratio of 0.32. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.12. The 5 year historical dividend growth of Gap (The)(GPS) is at the rate of 18.11% while the R-Squared dividend growth is 0.81. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Gap, Inc. (The) (NYSE:GPS) witnessed a decline in the market cap on Thursday as its shares dropped 1.35% or 0.33 points. After the session commenced at $24.4, the stock reached the higher end at $24.53 while it hit a low of $23.91. With the volume soaring to 4,063,133 shares, the last trade was called at $24.06. The company has a 52-week high of $30.74. The company has a market cap of $9,597 million and there are 398,881,370 shares in outstanding. The 52-week low of the share price is $17. Shares of The Gap, Inc. rose by 0.38% in the last five trading days and 0.38% for the last 4 weeks. The Gap, Inc. has dropped 18.55% during the last 3-month period . Year-to-Date the stock performance stands at 7.22%.
Currently the company Insiders own 30% of Gap, Inc. (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -65.23% . Institutional Investors own 57.87% of Gap, Inc. (The) shares. During last six month period, the net percent change held by insiders has seen a change of -65.23%. Company has reported several Insider transactions to the SEC, on Feb 10, 2017, Andi Owen (Global Pres., Banana Republic) sold 38,278 shares at 23.98 per share price.On Nov 23, 2016, Jeff Kirwan (President) sold 11,406 shares at 25.37 per share price.On Nov 23, 2016, Paul Joseph Chapman (EVP, CIO) sold 6,764 shares at 24.99 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Gap Inc was Reiterated by Mizuho on Feb 7, 2017 to Neutral, Lowers Price Target to $ 25 from a previous price target of $27 .Company shares were Reiterated by Wedbush on Feb 7, 2017 to Neutral, Raises Price Target to $ 27 from a previous price target of $26 .Gap Inc was Reiterated by Mizuho on Dec 2, 2016 to Neutral, Lowers Price Target to $ 27 from a previous price target of $28 .Gap Inc was Upgraded by Piper Jaffray to Neutral on Nov 28, 2016.
Gap Inc Last issued its quarterly earnings results on Nov 17, 2016. The company reported $0.60 EPS for the quarter. Analyst had a consensus estimate of $0.60. The company had revenue of $3798.00 million for the quarter, compared to analysts expectations of $3730.39 million. The companys revenue was down -1.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.63 EPS.
The Gap, Inc. is a global specialty retailer which operates stores selling casual apparel, personal care and other accessories for men, women and children under the Gap, Banana Republic and Old Navy brands. The company designs virtually all of its products, which in turn are manufactured by independent sources, and sells them under its brand names.