Clear Secure (YOU) to Release Quarterly Earnings on Thursday

Clear Secure (NYSE:YOU - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect Clear Secure to post earnings of $0.30 per share and revenue of $208.02 million for the quarter.

Clear Secure Stock Up 3.0 %

NYSE:YOU traded up $0.75 during mid-day trading on Tuesday, hitting $25.87. 516,134 shares of the stock traded hands, compared to its average volume of 2,010,651. Clear Secure has a 52 week low of $16.05 and a 52 week high of $38.88. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of 30.10 and a beta of 1.25. The firm's 50 day moving average is $25.60 and its two-hundred day moving average is $26.60.

Clear Secure Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, June 10th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.93%. Clear Secure's dividend payout ratio is 32.47%.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Needham & Company LLC reaffirmed a "buy" rating and issued a $45.00 price objective on shares of Clear Secure in a research report on Monday, March 24th. Telsey Advisory Group lowered their price objective on shares of Clear Secure from $42.00 to $32.00 and set an "outperform" rating for the company in a research report on Friday. Finally, Stifel Nicolaus reduced their target price on shares of Clear Secure from $32.00 to $26.00 and set a "hold" rating on the stock in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $32.00.

About Clear Secure

Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members.