Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Announces $0.15 Quarterly Dividend

Key Points

• Academy Sports and Outdoors declared a quarterly dividend of $0.15 per share, payable October 14 to shareholders of record on September 16. The dividend represents $0.60 annually and a yield of approximately 1.3%.
• The dividend appears well covered, with a payout ratio of 9.1%; analysts expect the company to earn $6.59 per share next year versus its $0.60 annual dividend.
• Academy reported quarterly earnings of $0.93 per share, exceeding estimates by $0.02, while revenue reached $1.44 billion, up 6.7% year over year. Shares recently traded at $44.94, up 2.9%.

Academy Sports and Outdoors, Inc. (NASDAQ:ASO - Get Free Report) declared a quarterly dividend on Wednesday, September 2nd. Stockholders of record on Wednesday, September 16th will be given a dividend of 0.15 per share on Wednesday, October 14th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, September 16th.

Academy Sports and Outdoors has a payout ratio of 9.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Academy Sports and Outdoors to earn $6.59 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 9.1%.

Academy Sports and Outdoors Trading Up 2.9%

NASDAQ:ASO traded up $1.26 during trading hours on Friday, hitting $44.94. The stock had a trading volume of 1,606,322 shares, compared to its average volume of 1,508,960. The company has a market cap of $2.79 billion, a price-to-earnings ratio of 7.91, a P/E/G ratio of 0.63 and a beta of 1.02. Academy Sports and Outdoors has a one year low of $41.29 and a one year high of $62.44. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.36 and a current ratio of 1.68. The business's 50 day moving average is $46.91 and its 200-day moving average is $52.01.

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) last released its quarterly earnings results on Tuesday, June 9th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.02. The company had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.44 billion. Academy Sports and Outdoors had a net margin of 6.24% and a return on equity of 17.85%. The business's quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.76 earnings per share. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. Sell-side analysts anticipate that Academy Sports and Outdoors will post 6.08 EPS for the current fiscal year.

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors is a leading specialty retailer of sporting goods and outdoor gear, operating more than 260 stores across the United States. Headquartered in Katy, Texas, the company offers a broad assortment of merchandise spanning athletic footwear and apparel, team sports equipment, camping and outdoor recreation products, hunting and fishing supplies, and fitness accessories. In addition to its brick-and-mortar footprint, Academy serves customers through its e-commerce platform, offering online ordering, in-store pickup, and home delivery options.

The company's product portfolio includes seasonal and year-round categories designed to meet the needs of both casual enthusiasts and serious athletes.

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