The Gap, Inc. (GAP) To Go Ex-Dividend on October 7th

The Gap, Inc. (NYSE:GAP) announced a quarterly dividend on Wednesday, August 12th. Shareholders of record on Wednesday, October 7th will be paid a dividend of 0.175 per share on Wednesday, October 28th. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Wednesday, October 7th.

GAP has a payout ratio of 28.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect GAP to earn $2.60 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 26.9%.

GAP Stock Performance

Shares of NYSE:GAP opened at $20.42 on Friday. The company’s 50 day simple moving average is $20.26 and its 200 day simple moving average is $23.41. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.81 and a quick ratio of 1.08. GAP has a 1 year low of $18.11 and a 1 year high of $29.36. The stock has a market capitalization of $7.35 billion, a price-to-earnings ratio of 8.04, a price-to-earnings-growth ratio of 1.19 and a beta of 2.05.

GAP (NYSE:GAP) last issued its earnings results on Thursday, May 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). The business had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.52 billion. GAP had a return on equity of 21.13% and a net margin of 6.25%.The firm’s revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.51 EPS. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, research analysts predict that GAP will post 2.34 EPS for the current fiscal year.

Institutional Investors Weigh In On GAP

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of GAP in the second quarter worth about $428,824,000. Ameriprise Financial Inc. boosted its holdings in GAP by 42.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,407,809 shares of the company’s stock worth $96,134,000 after buying an additional 1,318,322 shares during the period. Miller Howard Investments Inc. NY grew its stake in GAP by 112.2% in the 1st quarter. Miller Howard Investments Inc. NY now owns 1,704,021 shares of the company’s stock valued at $41,237,000 after buying an additional 900,855 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in GAP in the 2nd quarter valued at approximately $12,794,000. Finally, Jump Financial LLC raised its holdings in GAP by 2,197.8% during the 3rd quarter. Jump Financial LLC now owns 645,150 shares of the company’s stock valued at $13,800,000 after acquiring an additional 617,073 shares during the period. Hedge funds and other institutional investors own 58.81% of the company’s stock.

GAP Company Profile

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.