Guess?, Inc. (NYSE:GES) Announces $0.11 Quarterly Dividend

Guess?, Inc. (NYSE:GES) announced a quarterly dividend on Tuesday, November 26th, RTT News reports. Shareholders of record on Wednesday, December 11th will be paid a dividend of 0.1125 per share on Thursday, January 2nd. This represents a $0.45 annualized dividend and a dividend yield of 2.32%. The ex-dividend date is Tuesday, December 10th.

GES stock opened at $19.37 on Friday. Guess? has a twelve month low of $13.34 and a twelve month high of $23.28. The company has a quick ratio of 0.73, a current ratio of 1.52 and a debt-to-equity ratio of 1.74. The company has a market cap of $1.24 billion, a P/E ratio of 18.03, a price-to-earnings-growth ratio of 0.80 and a beta of 0.45. The business’s fifty day moving average is $17.91 and its 200-day moving average is $16.84.

Guess? (NYSE:GES) last announced its quarterly earnings data on Tuesday, November 26th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. The business had revenue of $615.90 million during the quarter, compared to analysts’ expectations of $620.52 million. Guess? had a return on equity of 12.56% and a net margin of 1.48%. The firm’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.13 earnings per share. Research analysts anticipate that Guess? will post 1.35 earnings per share for the current fiscal year.

A number of brokerages have issued reports on GES. B. Riley restated a “buy” rating and set a $25.00 target price on shares of Guess? in a report on Wednesday. Cfra set a $16.00 price target on Guess? and gave the company a “hold” rating in a research note on Thursday, August 29th. ValuEngine raised Guess? from a “sell” rating to a “hold” rating in a research note on Friday, August 30th. Evercore ISI reiterated a “buy” rating and issued a $22.00 price target on shares of Guess? in a research report on Sunday, December 1st. Finally, Zacks Investment Research reissued a “positive” rating on shares of Guess? in a research note on Wednesday, October 16th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $21.33.

About Guess?

Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company's clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, knitwear, and intimate apparel.

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Dividend History for Guess? (NYSE:GES)

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