Gen Digital (GEN) Expected to Announce Earnings on Thursday

Gen Digital (NASDAQ:GEN - Get Free Report) is expected to post its quarterly earnings results after the market closes on Thursday, January 30th. Analysts expect Gen Digital to post earnings of $0.55 per share and revenue of $984,956.93 billion for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Gen Digital Stock Down 0.0 %

Shares of GEN traded down $0.01 on Thursday, reaching $27.48. The company's stock had a trading volume of 1,585,481 shares, compared to its average volume of 2,716,308. The stock has a market capitalization of $16.93 billion, a PE ratio of 28.00, a PEG ratio of 1.28 and a beta of 0.82. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 3.40. Gen Digital has a twelve month low of $19.08 and a twelve month high of $31.72. The firm has a fifty day moving average of $28.80 and a 200-day moving average of $27.31.

Gen Digital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Monday, November 18th were issued a $0.125 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.82%. Gen Digital's dividend payout ratio is presently 51.02%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Wells Fargo & Company raised Gen Digital to a "strong-buy" rating in a research report on Thursday, October 24th. UBS Group raised shares of Gen Digital to a "strong-buy" rating in a research report on Wednesday, December 4th.

Gen Digital Company Profile

Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.