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NASDAQ:GEN

Gen Digital (GEN) Stock Price, News & Analysis

$24.00
+0.54 (+2.30%)
(As of 05/13/2024 ET)
Today's Range
$23.45
$24.15
50-Day Range
$19.68
$23.46
52-Week Range
$15.45
$24.37
Volume
9.12 million shs
Average Volume
4.35 million shs
Market Capitalization
$15.29 billion
P/E Ratio
25.26
Dividend Yield
2.08%
Price Target
N/A

Gen Digital MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
3.26% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.26mentions of Gen Digital in the last 14 days
Based on 28 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.02%
From $2.08 to $2.33 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.

3.21 out of 5 stars

Business Services Sector

388th out of 942 stocks

Prepackaged Software Industry

265th out of 606 stocks

GEN stock logo

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

GEN Stock News Headlines

How Gen Digital handles modern identity theft
Gen Digital Inc. Q4 Profit Decreases, But Beats Estimates
See More Headlines

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 3/13 Dividend
2/15/2024
Dividend Payable
3/13/2024
Today
5/13/2024
Ex-Dividend for 6/12 Dividend
5/17/2024
Dividend Payable
6/12/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:GEN
Employees
3,700
Year Founded
N/A

Profitability

Net Income
$302 million
Pretax Margin
12.04%

Debt

Sales & Book Value

Annual Sales
$3.81 billion
Cash Flow
$2.63 per share
Book Value
$3.45 per share

Miscellaneous

Free Float
561,755,000
Market Cap
$15.29 billion
Optionable
Optionable
Beta
0.87

Key Executives


GEN Stock Analysis - Frequently Asked Questions

How have GEN shares performed in 2024?

Gen Digital's stock was trading at $22.82 on January 1st, 2024. Since then, GEN stock has increased by 5.2% and is now trading at $24.00.
View the best growth stocks for 2024 here
.

Are investors shorting Gen Digital?

Gen Digital saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 18,890,000 shares, an increase of 10.9% from the April 15th total of 17,040,000 shares. Based on an average daily volume of 4,030,000 shares, the days-to-cover ratio is presently 4.7 days. Currently, 3.3% of the shares of the stock 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, August 1st 2024.
View our GEN earnings forecast
.

How were Gen Digital's earnings last quarter?

Gen Digital Inc. (NASDAQ:GEN) released its quarterly earnings data on Thursday, November, 4th. The company reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.01. The business earned $692 million during the quarter, compared to analysts' expectations of $695.27 million. Gen Digital had a net margin of 16.16% and a trailing twelve-month return on equity of 49.04%. The company's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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, May 9th. Investors of record on Monday, May 20th will be paid a dividend of $0.125 per share on Wednesday, June 12th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Friday, May 17th.
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 2.13%. The dividend payout ratio is 52.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GEN will have a dividend payout ratio of 21.46% 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 5/14/2024 by MarketBeat.com Staff

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