Chico’s FAS, Inc. (NYSE:CHS) Announces Quarterly Dividend of $0.09

Chico’s FAS, Inc. (NYSE:CHS) announced a quarterly dividend on Tuesday, November 26th, Zacks reports. Shareholders of record on Monday, December 9th will be paid a dividend of 0.087 per share by the specialty retailer on Friday, December 20th. This represents a $0.35 dividend on an annualized basis and a yield of 7.89%. The ex-dividend date is Friday, December 6th.

Shares of Chico’s FAS stock traded up $0.01 on Wednesday, hitting $4.41. 41,876 shares of the company’s stock were exchanged, compared to its average volume of 2,483,133. Chico’s FAS has a 1 year low of $2.33 and a 1 year high of $6.46. The company has a 50-day simple moving average of $3.84 and a 200-day simple moving average of $3.52. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.43 and a current ratio of 1.09. The stock has a market capitalization of $565.82 million, a PE ratio of 14.23 and a beta of 0.39.

Chico’s FAS (NYSE:CHS) last posted its quarterly earnings data on Tuesday, November 26th. The specialty retailer reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.02. The firm had revenue of $484.71 million during the quarter, compared to analyst estimates of $473.21 million. Chico’s FAS had a negative return on equity of 1.37% and a negative net margin of 1.23%. Chico’s FAS’s revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.05 EPS. On average, analysts expect that Chico’s FAS will post -0.15 EPS for the current fiscal year.

Several research analysts have recently commented on CHS shares. Telsey Advisory Group raised their price objective on Chico’s FAS from $3.00 to $5.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 27th. TheStreet lowered shares of Chico’s FAS from a “c” rating to a “d+” rating in a report on Wednesday, August 28th. B. Riley restated a “buy” rating and set a $5.50 target price on shares of Chico’s FAS in a research note on Wednesday, November 27th. Morgan Stanley dropped their price target on Chico’s FAS from $4.00 to $3.00 and set an “equal weight” rating for the company in a research note on Thursday, August 29th. Finally, Zacks Investment Research upgraded Chico’s FAS from a “strong sell” rating to a “hold” rating in a research report on Monday, November 18th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Chico’s FAS presently has a consensus rating of “Hold” and a consensus price target of $5.00.

About Chico’s FAS

Chico's FAS, Inc operates as an omnichannel specialty retailer of women's private branded casual-to-dressy clothing, intimates, and complementary accessories. It operates under the Chico's, White House Black Market (WHBM), and Soma brand names. The Chico's brand primarily sells private branded clothing focusing on women 45 and older.

Recommended Story: Margin

Dividend History for Chico`s FAS (NYSE:CHS)

Receive News & Ratings for Chico's FAS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chico's FAS and related companies with's FREE daily email newsletter.


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit