NASDAQ:GEN Gen Digital - GEN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Gen Digital Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $16.64 -0.06 (-0.36%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$16.57▼$16.8750-Day Range$15.90▼$23.5752-Week Range$15.52▼$27.70Volume3.69 million shsAverage Volume4.20 million shsMarket Capitalization$10.64 billionP/E Ratio18.49Dividend Yield3.00%Price Target$27.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Gen Digital MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside62.3% Upside$27.00 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.27Based on 28 Articles This WeekInsider TradingN/AProj. Earnings Growth5.52%From $1.63 to $1.72 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.34 out of 5 starsBusiness Services Sector125th out of 327 stocksPrepackaged Software Industry75th out of 213 stocks 3.0 Analyst's Opinion Consensus RatingGen Digital has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.00, Gen Digital has a forecasted upside of 62.3% from its current price of $16.64.Amount of Analyst CoverageGen Digital has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for GEN. Previous Next 2.5 Dividend Strength Dividend YieldGen Digital pays a meaningful dividend of 3.05%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthGen Digital does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Gen Digital is 55.56%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Gen Digital will have a dividend payout ratio of 29.07% next year. This indicates that Gen Digital will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GEN. Previous Next 1.8 News and Social Media Coverage News SentimentGen Digital has a news sentiment score of 0.27. 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 0.52 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 28 news articles for Gen Digital this week, compared to 5 articles on an average week.Search InterestOnly 15 people have searched for GEN on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Gen Digital to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gen Digital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.30% of the stock of Gen Digital is held by insiders.Percentage Held by Institutions82.08% of the stock of Gen Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Gen Digital are expected to grow by 5.52% in the coming year, from $1.63 to $1.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gen Digital is 18.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Gen Digital is 18.49, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 275.35. Previous Next See Top Rated MarketRank™ Stocks Here About Gen Digital (NASDAQ:GEN) StockGen Digital, Inc. engages in the provision of security, storage, and systems management solutions. The firm focuses on providing consumer cyber safety with its business solutions. The company was founded by Gary Hendrix in April 1982 and is headquartered in Tempe, AZ.Read More Receive GEN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gen Digital and its competitors with MarketBeat's FREE daily newsletter. Email Address GEN Stock News HeadlinesMarch 29, 2023 | bizjournals.comNext Generation Media Academy location at the Rail Yards formally announcedMarch 29, 2023 | msn.comBanning TikTok Will Stifle Gen Z’s Engagement with DemocracyMarch 29, 2023 | WealthPop (Ad)Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week)2023 is a classic “stock picker’s market.” The only way to beat these markets is to pick the right stocks at the right time. Legendary trader Adam Mesh is ready to hand you his best stock pick every week… It’s the same kind of research Wall Street’s top traders use to beat the markets. Click here to get his three top picks for right now to help get you started now. March 28, 2023 | msn.comBanking 2023: 3 Bank Features That Are a Must for Gen ZMarch 28, 2023 | msn.comScottish digital skills academy CodeClan calls for sponsors to help foster next generation of tech talentMarch 28, 2023 | proactiveinvestors.comARway.ai announces company has unveiled 3D Digital Twin floor plan generationMarch 28, 2023 | tmcnet.comMahalo Banking Selected as Finalist in NACUSO's Next Big Idea Competition for its Next-Generation Digital Banking SolutionMarch 28, 2023 | markets.businessinsider.comGeneral Agents Acceptance Corporation (GAAC) chooses Input 1 Payments as its digital payment platformMarch 29, 2023 | WealthPop (Ad)Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week)2023 is a classic “stock picker’s market.” The only way to beat these markets is to pick the right stocks at the right time. Legendary trader Adam Mesh is ready to hand you his best stock pick every week… It’s the same kind of research Wall Street’s top traders use to beat the markets. Click here to get his three top picks for right now to help get you started now. March 28, 2023 | finance.yahoo.comMahalo Banking Selected as Finalist in NACUSO’s Next Big Idea Competition for its Next-Generation Digital Banking SolutionMarch 28, 2023 | msn.comDollar General sales March 26-April 1: Air Wick Scented Oil Warmer (free after coupon), Easter candy, dish liquid, bath tissueMarch 28, 2023 | forbes.comThis AI-First Digital Engineering Company Is Transforming The Future Of BusinessMarch 28, 2023 | forbes.comGen-Z: Striking The Balance Between Job Flexibility And Job SecurityMarch 27, 2023 | foxnews.comSen. Hawley calls for 'tough, tenacious' inspector general to oversee Ukraine aidMarch 27, 2023 | msn.com'The first bank crisis of the Twitter generation': The pressure on banks is very different to 2008March 26, 2023 | forbes.comMid-Day Squares Founders Represent Gen Z's Take On EntrepreneurshipMarch 26, 2023 | msn.comGen Z is all about 'real moments' when traveling - and that means hotels are pushing to reinvent themselves fastMarch 25, 2023 | msn.comInsights on Filipino Gen Z shoppers, e-commerceMarch 25, 2023 | msn.comWhat is 6G? Overview of 6th Gen Wireless Network, TechnologyMarch 24, 2023 | msn.comNext-Gen Lamborghini Digital Gauge Cluster Will Put The F-35 Fighter Jet To ShameMarch 24, 2023 | msn.comAround 1 in 4 Thai Gen Zs find spending on preventing skin issues a wasteMarch 24, 2023 | msn.comNext-Generation Ford Ranger Line-up Expands with Launch of Single Cab and Super Cab ModelsMarch 24, 2023 | forbes.comHow Generation-Z Can Help Organizations Grow SignificantlyMarch 24, 2023 | marketwatch.comDiscovery Education Launches New Digital Citizenship Resources in Partnership With NortonMarch 23, 2023 | msn.comVerve launches '2023 Mzansi Review - Gen Z: Understanding Youth Culture'March 23, 2023 | benzinga.comRushmore Blueprint Unveils Revolutionary Lead Generation System for Small BusinessesMarch 23, 2023 | tmcnet.comYext Strengthens its Digital Experience Platform with Powerful New AI-Enabled Features in the Spring '23 ReleaseSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GEN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gen Digital and its competitors with MarketBeat's FREE daily newsletter. Email Address GEN Company Calendar Last Earnings11/04/2021Today3/29/2023Fiscal Year End3/31/2023Next Earnings (Estimated)5/04/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:GEN CUSIPN/A CIK849399 Webwww.nortonlifelock.com Phone(650) 527-8000Fax302-636-5454Employees2,700Year FoundedN/APrice Target and Rating Average Stock Price Forecast$27.00 High Stock Price Forecast$28.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+62.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.90 Trailing P/E Ratio18.49 Forward P/E Ratio10.21 P/E GrowthN/ANet Income$836 million Net Margins17.83% Pretax Margin23.69% Return on Equity155.48% Return on Assets9.12% Debt Debt-to-Equity Ratio7.50 Current Ratio0.48 Quick Ratio0.48 Sales & Book Value Annual Sales$2.80 billion Price / Sales3.80 Cash Flow$1.98 per share Price / Cash Flow8.41 Book Value($0.16) per share Price / Book-104.00Miscellaneous Outstanding Shares639,130,000Free Float618,038,000Market Cap$10.64 billion OptionableOptionable Beta0.84 Key ExecutivesVincent PiletteChief Executive Officer & DirectorOndrej VlcekPresident & DirectorNatalie M. DerseChief Financial Officer & Executive Vice PresidentSameer KheraChief Information OfficerDarren ShouHead-TechnologyKey CompetitorsDocuSignNASDAQ:DOCUUiPathNYSE:PATHBlack KnightNYSE:BKIProcore TechnologiesNYSE:PCORFull Truck AllianceNYSE:YMMView All CompetitorsInsiders & InstitutionsParallax Volatility Advisers L.P.Sold 1,400 shares on 2/27/2023Ownership: 0.000%Portman Square Capital LLPBought 36,100 shares on 2/23/2023Ownership: 0.000%Fjarde AP Fonden Fourth Swedish National Pension FundBought 82,600 shares on 2/15/2023Ownership: 0.060%Jane Street Group LLCSold 49,900 shares on 2/15/2023Ownership: 0.000%Allstate Investment Management Co.Bought 24,786 shares on 2/15/2023Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions GEN Stock - Frequently Asked Questions Should I buy or sell Gen Digital stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gen Digital in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GEN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GEN, but not buy additional shares or sell existing shares. View GEN analyst ratings or view top-rated stocks. What is Gen Digital's stock price forecast for 2023? 1 analysts have issued 1 year price targets for Gen Digital's shares. Their GEN share price forecasts range from $25.00 to $28.00. On average, they predict the company's share price to reach $27.00 in the next year. This suggests a possible upside of 62.3% from the stock's current price. View analysts price targets for GEN or view top-rated stocks among Wall Street analysts. How have GEN shares performed in 2023? Gen Digital's stock was trading at $21.43 on January 1st, 2023. Since then, GEN shares have decreased by 22.4% and is now trading at $16.64. View the best growth stocks for 2023 here. When is Gen Digital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our GEN earnings forecast. How were Gen Digital's earnings last quarter? Gen Digital Inc. (NASDAQ:GEN) announced its earnings results on Thursday, November, 4th. The company reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.01. The firm earned $692 million during the quarter, compared to analyst estimates of $695.27 million. Gen Digital had a trailing twelve-month return on equity of 155.48% and a net margin of 17.83%. The business's quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.33 earnings per share. Read the conference call transcript. How often does Gen Digital pay dividends? What is the dividend yield for Gen Digital? Gen Digital announced a quarterly dividend on Thursday, August 4th. Stockholders of record on Monday, August 22nd will be given a dividend of $0.125 per share on Wednesday, September 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date of this dividend is Friday, August 19th. 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 3.05%. The dividend payout ratio is 55.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GEN will have a dividend payout ratio of 29.07% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GEN. What is Gen Digital's stock symbol? Gen Digital trades on the NASDAQ under the ticker symbol "GEN." Who are Gen Digital's major shareholders? Gen Digital's stock is owned by many different institutional and retail investors. Top institutional investors include Credit Suisse AG (0.83%), California Public Employees Retirement System (0.66%), Triodos Investment Management BV (0.23%), Schroder Investment Management Group (0.20%), Parallax Volatility Advisers L.P. (0.00%) and Fjarde AP Fonden Fourth Swedish National Pension Fund (0.06%). Insiders that own company stock include Matthew Charles Brown, Natalie Marie Derse, Ondrej Vlcek, Peter A Feld and Samir Kapuria. View institutional ownership trends. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Gen Digital's stock price today? One share of GEN stock can currently be purchased for approximately $16.64. How much money does Gen Digital make? Gen Digital (NASDAQ:GEN) has a market capitalization of $10.64 billion and generates $2.80 billion in revenue each year. The company earns $836 million in net income (profit) each year or $0.90 on an earnings per share basis. How many employees does Gen Digital have? The company employs 2,700 workers across the globe. How can I contact Gen Digital? Gen Digital's mailing address is 60 E RIO SALADO PARKWAY SUITE 1000, TEMPE AZ, 85281. The official website for the company is www.nortonlifelock.com. The company can be reached via phone at (650) 527-8000, via email at ir@nortonlifelock.com, or via fax at 302-636-5454. This page (NASDAQ:GEN) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.