Q1 EPS Estimates for Gen Digital Boosted by Zacks Research

Gen Digital Inc. (NASDAQ:GEN - Free Report) - Investment analysts at Zacks Research upped their Q1 2026 earnings per share estimates for shares of Gen Digital in a report released on Tuesday, May 27th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.55 per share for the quarter, up from their previous estimate of $0.54. The consensus estimate for Gen Digital's current full-year earnings is $2.05 per share. Zacks Research also issued estimates for Gen Digital's Q2 2026 earnings at $0.57 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.57 EPS, FY2026 earnings at $2.27 EPS, Q1 2027 earnings at $0.65 EPS, Q2 2027 earnings at $0.64 EPS, Q3 2027 earnings at $0.63 EPS, Q4 2027 earnings at $0.62 EPS and FY2027 earnings at $2.53 EPS.

Several other equities analysts have also issued reports on GEN. Morgan Stanley lowered their price target on Gen Digital from $27.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Royal Bank of Canada boosted their price target on Gen Digital from $28.00 to $30.00 and gave the company a "sector perform" rating in a research note on Wednesday, May 7th.

Gen Digital Stock Performance

Shares of NASDAQ GEN traded up $0.23 during trading hours on Friday, hitting $28.59. 1,087,110 shares of the company's stock were exchanged, compared to its average volume of 3,832,406. Gen Digital has a 1-year low of $22.74 and a 1-year high of $31.72. The company has a debt-to-equity ratio of 3.29, a current ratio of 0.35 and a quick ratio of 0.35. The stock has a market capitalization of $17.73 billion, a price-to-earnings ratio of 28.03, a PEG ratio of 1.19 and a beta of 1.00. The company's 50-day moving average price is $26.35 and its 200-day moving average price is $27.51.

Gen Digital (NASDAQ:GEN - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.01. Gen Digital had a return on equity of 58.83% and a net margin of 16.32%. The business had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $999.48 million. During the same quarter in the previous year, the firm earned $0.53 EPS. The firm's revenue was up 4.4% compared to the same quarter last year.

Gen Digital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Monday, May 19th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Monday, May 19th. Gen Digital's dividend payout ratio is 48.08%.

Insiders Place Their Bets

In other news, Director Nora Denzel sold 31,646 shares of the stock in a transaction on Friday, May 16th. The stock was sold at an average price of $28.76, for a total value of $910,138.96. Following the transaction, the director now owns 34,860 shares of the company's stock, valued at $1,002,573.60. This represents a 47.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 12.20% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Rise Advisors LLC lifted its stake in shares of Gen Digital by 19.2% in the 1st quarter. Rise Advisors LLC now owns 2,361 shares of the company's stock valued at $63,000 after purchasing an additional 381 shares during the period. Nissay Asset Management Corp Japan ADV raised its stake in shares of Gen Digital by 0.6% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 69,927 shares of the company's stock valued at $1,856,000 after purchasing an additional 427 shares during the period. Alps Advisors Inc. raised its stake in shares of Gen Digital by 1.5% in the 1st quarter. Alps Advisors Inc. now owns 31,540 shares of the company's stock valued at $837,000 after purchasing an additional 465 shares during the period. Greenleaf Trust raised its stake in shares of Gen Digital by 3.9% in the 1st quarter. Greenleaf Trust now owns 18,001 shares of the company's stock valued at $478,000 after purchasing an additional 668 shares during the period. Finally, Mather Group LLC. raised its stake in shares of Gen Digital by 26.6% in the 1st quarter. Mather Group LLC. now owns 3,730 shares of the company's stock valued at $99,000 after purchasing an additional 783 shares during the period. Institutional investors and hedge funds own 81.38% of the company's stock.

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.