Gap Inc (NYSE:GPS) Updates On Dividend Release Date


On 2016-08-12, Gap Inc (NYSE:GPS) confirmed the dividend disbursement of $0.23 a share to shareholders as on record 2016-10-05. The firm will release dividend on 2016-10-26 while ex-dividend date is reported to be 2016-10-03.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Gap Inc (NYSE:GPS) paid a total of $0.23 per share in dividends. This figure stood at $0.23 a share in the same period a year ago indicating a deviation of 4.5454%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $23.571 on the stock. This figure is the average of recommendations offered by 21 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $33 and $16, respectively.

Taking the mathematical rating formula, the price for Gap Inc (NYSE:GPS) stands at 3.14. Earnings Review Gap Inc (NYSE:GPS) will report its quarterly earnings for the period ending on 2016-10-31 by 2016-11-17. For the period ending on 2016-10-31, experts are expecting EPS of $0.51.

Coming to the quarter ending on 2016-01-31, Gap Inc (NYSE:GPS) recorded EPS of $0.6. The reported numbers came lower than the analysts’ estimates of $0.59, demonstrating a miss of $0.01 as against reported figures.

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