How have GEN shares performed in 2024?

Gen Digital's stock was trading at $22.82 at the beginning of the year. Since then, GEN shares have decreased by 10.7% and is now trading at $20.37. View the best growth stocks for 2024 here .

Are investors shorting Gen Digital?

Gen Digital saw a increase in short interest in March. As of March 31st, there was short interest totaling 16,420,000 shares, an increase of 9.5% from the March 15th total of 14,990,000 shares. Based on an average daily volume of 4,330,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 2.8% of the company's shares are sold short. View Gen Digital's Short Interest .

When is Gen Digital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our GEN earnings forecast .

How can I listen to Gen Digital's earnings call?

Gen Digital will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Gen Digital's earnings last quarter?

Gen Digital Inc. (NASDAQ:GEN) released its quarterly earnings data on Thursday, February, 1st. The company reported $0.45 earnings per share for the quarter, meeting analysts' consensus estimates of $0.45. The business had revenue of $953 million for the quarter, compared to analysts' expectations of $955.80 million. Gen Digital had a net margin of 36.84% and a trailing twelve-month return on equity of 47.34%.

How often does Gen Digital pay dividends? What is the dividend yield for Gen Digital?

Gen Digital announced a quarterly dividend on Thursday, February 1st. Stockholders of record on Monday, February 19th will be paid a dividend of $0.125 per share on Wednesday, March 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Thursday, February 15th. Read our dividend analysis for GEN .

Is Gen Digital a good dividend stock?

Gen Digital (NASDAQ:GEN) pays an annual dividend of $0.50 per share and currently has a dividend yield of 2.43%. The dividend payout ratio is 23.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GEN will have a dividend payout ratio of 24.04% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GEN .

How do I buy shares of Gen Digital?

Shares of GEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:GEN

Gen Digital (GEN) Stock Price, News & Analysis

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$20.37

-0.07 (-0.34%)

(As of 04/17/2024 ET)

Compare

Today's Range: $20.35
▼
$20.72
50-Day Range: $20.37
▼
$22.66
52-Week Range: $15.45
▼
$24.37

Volume: 2.52 million shs
Average Volume: 4.22 million shs
Market Capitalization: $12.97 billion

P/E Ratio: 9.43
Dividend Yield: 2.45%
Price Target: N/A

Get Gen Digital alerts:

Gen Digital MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.84% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.01
Based on 20 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 16.20%
From $1.79 to $2.08 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.31 out of 5 stars

Business Services Sector

40th out of 298 stocks

Prepackaged Software Industry

32nd out of 188 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Gen Digital.

3.0

Short Interest

Percentage of Shares Shorted
2.84% of the float of Gen Digital has been sold short.
Short Interest Ratio / Days to Cover
Gen Digital has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Gen Digital has recently increased by 9.54%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Gen Digital pays a meaningful dividend of 2.43%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Gen Digital does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Gen Digital is 23.15%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Gen Digital will have a dividend payout ratio of 24.04% next year. This indicates that Gen Digital will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GEN.

2.2

News and Social Media Coverage

News Sentiment
Gen Digital has a news sentiment score of 0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 20 news articles for Gen Digital this week, compared to 24 articles on an average week.
Search Interest
15 people have searched for GEN on MarketBeat in the last 30 days. This is an increase of 114% compared to the previous 30 days.
MarketBeat Follows
3 people have added Gen Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gen Digital insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.80% of the stock of Gen Digital is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
81.38% of the stock of Gen Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Gen Digital are expected to grow by 16.20% in the coming year, from $1.79 to $2.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Gen Digital is 9.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.29.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gen Digital is 9.43, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 37.89.
Price to Earnings Growth Ratio
Gen Digital has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Gen Digital has a P/B Ratio of 5.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Gen Digital Stock (NASDAQ:GEN)

Gen Digital Inc. provides cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers security and performance products comprising that provide real-time protection for PCs, Macs and mobile devices against malware, viruses, adware, and other online threats; and Norton and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers. The company also provides Dark Web Monitoring product, which looks for personal information of its members on the Dark Web; Avast Secure Identity that provides advanced identity protection including credit monitoring and alerts; LifeLock Home Title Protect that detects fraud and notifies members; and Norton Social Media Monitoring that help keep customers' social media accounts safer by monitoring them for account takeovers, risky activity, and inappropriate content. In addition, it offers VPN solution, which enhances security and online privacy by providing an encrypted data tunnel;Norton Privacy Monitor Assistant, an on-demand, white glove service where agents help members delete personal information from data brokers online; Avira Security, a consumer-focused portfolio of cybersecurity and privacy solutions; AntiTrack product, which helps to keep personal information and browsing activity private by blocking trackers and disguising digital fingerprints online; and Online Reputation Management solution that manages online search results, personal branding, and digital privacy. It markets and sells its products and related services through retailers, telecom service providers, hardware original equipment manufacturers, and employee benefit providers, as well as e-commerce platform. The company was formerly known as NortonLifeLock Inc. and changed its name to Gen Digital Inc. in November 2022. Gen Digital Inc. was founded in 1982 and is based in Tempe, Arizona.

GEN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GEN Stock News Headlines

April 17, 2024 | nypost.com

I’m a Millennial boss — my Gen Z staff has wild work habits

April 17, 2024 | msn.com

All 7th-Gen Ford Mustangs Get 1965-Style Digital Gauges in Free OTA Update

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 17, 2024 | msn.com

Phones running Snapdragon 8 Gen 4 may require larger batteries

April 17, 2024 | forbes.com

Why Gen-Z Is Suddenly Creating Wills And Trusts — And You Should Too

April 16, 2024 | forbes.com

How Brands Can Adapt Their Content Strategies To Resonate With Gen-Z

April 15, 2024 | msn.com

Sandisk launches faster & bigger “next-gen” SD and microSD UHS-I memory cards

April 15, 2024 | tmcnet.com

A New Generation of Antidepressant Drug Precision Treatment Based on Revolutionary AI Technology is Born

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 14, 2024 | msn.com

Spice of Life: Embracing tech: When baby boomers go digital

April 14, 2024 | msn.com

Assassinated Iranian general involved in 'planning and execution' of October 7 Hamas massacre: report

April 13, 2024 | msn.com

Did you see the TikTok of an influencer serenading Biden? That's OK, it's for Gen Z only.

April 13, 2024 | americanbankingnews.com

Gen Digital (NASDAQ:GEN) Shares Gap Down to $22.34

April 12, 2024 | msn.com

- Are We Misjudging Generation Z's Attitude and Values?

April 12, 2024 | forbes.com

Investing In Gen Z: FinServ Marketing For The Zoomers

April 11, 2024 | msn.com

Iran attack threat prompts US general visit to Israel, review of military capabilities

April 11, 2024 | msn.com

Public relations strategies for reaching Gen Z

April 11, 2024 | msn.com

Google who? Gen Z is searching on TikTok, YouTube instead

April 11, 2024 | msn.com

Gen Z Is Working More Than One Job To Feel Less Financial Anxiety, Study Finds

April 11, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Develop Global Limited (OtherVTEXF), Snowflake (SNOW) and Gen Digital (GEN)

April 11, 2024 | msn.com

Gen Digital downgraded; Intapp, others unchanged as earnings approach: Barclays

April 10, 2024 | msn.com

Gen Z happiness is most driven by one surprising thing, Gallup poll finds

April 10, 2024 | msn.com

Training the deskless generation

April 10, 2024 | msn.com

Ohio's Sherman House Museum displays humanity, artistry of fearsome Civil War general

April 10, 2024 | msn.com

‘The kids are not all right’: Gen Zers and millennials are as likely to own crypto as real estate

April 10, 2024 | newsweek.com

Footage Shows Gen Z Boys At Dinner Do Sweetest Thing With Their Phones

April 10, 2024 | forbes.com

The Art Of Lead Generation: Strategies For 2024 And Beyond

See More Headlines

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Company Calendar

Last Earnings: 2/01/2024
Ex-Dividend for 3/13 Dividend: 2/15/2024
Dividend Payable: 3/13/2024
Today: 4/17/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:GEN
CUSIP: N/A
CIK: 849399
Web: www.nortonlifelock.com
Phone: (650) 527-8000
Fax: 302-636-5454
Employees: 3,700
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.16
Trailing P/E Ratio: 9.43
Forward P/E Ratio: 11.38
P/E Growth: 0.86
Net Income: $1.35 billion
Net Margins: 36.84%
Pretax Margin: 10.76%
Return on Equity: 47.34%
Return on Assets: 6.88%

Debt

Debt-to-Equity Ratio: 3.76
Current Ratio: 0.67
Quick Ratio: 0.67

Sales & Book Value

Annual Sales: $3.34 billion
Price / Sales: 3.89
Cash Flow: $2.09 per share
Price / Cash Flow: 9.73
Book Value: $3.44 per share
Price / Book: 5.92

Miscellaneous

Outstanding Shares: 636,910,000
Free Float: 561,755,000
Market Cap: $12.97 billion
Optionable: Optionable
Beta: 0.85

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Key Executives

Mr. Vincent Pilette (Age 52)
CEO & Director
Comp: $1.96M
Mr. Ondrej Vlcek (Age 47)
President & Director
Comp: $1M
Ms. Natalie Marie Derse (Age 46)
EVP, CFO & Principal Accounting Officer
Comp: $920.05k
Mr. Bryan Seuk Ko (Age 53)
Chief Legal Officer, Secretary & Head of Corporate Development
Comp: $893.96k
Mr. Jason Starr
Head of Investor Relation
Spring Harris
Head of Global Corporate Communications & PR
Ms. Kara Jordan
Chief Human Resources Officer
Mr. Patrick Schwind
Head of Customer Experience

Key Competitors

View All Competitors

GEN Stock Analysis - Frequently Asked Questions

How have GEN shares performed in 2024?: Gen Digital's stock was trading at $22.82 at the beginning of the year. Since then, GEN shares have decreased by 10.7% and is now trading at $20.37.
View the best growth stocks for 2024 here.
Are investors shorting Gen Digital?: Gen Digital saw a increase in short interest in March. As of March 31st, there was short interest totaling 16,420,000 shares, an increase of 9.5% from the March 15th total of 14,990,000 shares. Based on an average daily volume of 4,330,000 shares, the days-to-cover ratio is currently 3.8 days. Currently, 2.8% of the company's shares are sold short.
View Gen Digital's Short Interest.
When is Gen Digital's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our GEN earnings forecast.
How can I listen to Gen Digital's earnings call?: Gen Digital will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Gen Digital's earnings last quarter?: Gen Digital Inc. (NASDAQ:GEN) released its quarterly earnings data on Thursday, February, 1st. The company reported $0.45 earnings per share for the quarter, meeting analysts' consensus estimates of $0.45. The business had revenue of $953 million for the quarter, compared to analysts' expectations of $955.80 million. Gen Digital had a net margin of 36.84% and a trailing twelve-month return on equity of 47.34%.
How often does Gen Digital pay dividends? What is the dividend yield for Gen Digital?: Gen Digital announced a quarterly dividend on Thursday, February 1st. Stockholders of record on Monday, February 19th will be paid a dividend of $0.125 per share on Wednesday, March 13th. This represents a $0.50 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Thursday, February 15th.
Read our dividend analysis for GEN.
Is Gen Digital a good dividend stock?: Gen Digital (NASDAQ:GEN) pays an annual dividend of $0.50 per share and currently has a dividend yield of 2.43%. The dividend payout ratio is 23.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GEN will have a dividend payout ratio of 24.04% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GEN.
How do I buy shares of Gen Digital?: Shares of GEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GEN) was last updated on 4/18/2024 by MarketBeat.com Staff

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Gen Digital (GEN) Stock Price, News & Analysis

Gen Digital MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Gen Digital Stock (NASDAQ:GEN)

GEN Stock Price History

GEN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

GEN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™