GAP (GPS) Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GAP in the last year. There are currently 3 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GPS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GPS, but not buy additional shares or sell existing shares.
View GPS analyst ratings or view top-rated stocks.

10 analysts have issued 12-month target prices for GAP's stock. Their GPS share price forecasts range from $7.00 to $18.00. On average, they predict the company's share price to reach $11.43 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price.
View analysts price targets for GPS or view top-rated stocks among Wall Street analysts.

GAP's stock was trading at $11.28 on January 1st, 2023. Since then, GPS shares have decreased by 9.6% and is now trading at $10.20.
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GAP saw a increase in short interest in August. As of August 31st, there was short interest totaling 38,850,000 shares, an increase of 6.6% from the August 15th total of 36,460,000 shares. Based on an average daily trading volume, of 7,700,000 shares, the short-interest ratio is presently 5.0 days. Approximately 17.5% of the company's shares are sold short.
View GAP's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our GPS earnings forecast.

The Gap, Inc. (NYSE:GPS) issued its quarterly earnings data on Thursday, August, 24th. The apparel retailer reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.25. The apparel retailer had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3.58 billion. GAP had a trailing twelve-month return on equity of 5.06% and a net margin of 0.71%. The business's revenue was down 8.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.08 EPS.
Read the conference call transcript.

GAP declared a quarterly dividend on Wednesday, August 16th. Shareholders of record on Wednesday, October 4th will be given a dividend of $0.15 per share on Wednesday, October 25th. This represents a $0.60 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Tuesday, October 3rd.
Read our dividend analysis for GPS.

ETFs with the largest weight of GAP (NYSE:GPS) stock in their portfolio include SPDR S&P Retail ETF (XRT), Invesco S&P MidCap 400 Pure Value ETF (RFV), Direxion Daily Retail Bull 3X Shares (RETL) and Invesco S&P MidCap 400 Revenue ETF (RWK).Gotham 1000 Value ETF (GVLU).

GAP (NYSE:GPS) pays an annual dividend of $0.60 per share and currently has a dividend yield of 5.87%. GPS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 206.90%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, GPS will have a dividend payout ratio of 73.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GPS.

24 employees have rated GAP Chief Executive Officer Sonia Syngal on Glassdoor.com. Sonia Syngal has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other GAP investors own include Gilead Sciences (GILD), Ford Motor (F), Bank of America (BAC), General Electric (GE), AT&T (T), Cisco Systems (CSCO), Walt Disney (DIS), Netflix (NFLX), Intel (INTC) and Starbucks (SBUX).

GAP trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPS."

GAP's stock is owned by many different retail and institutional investors. Top institutional shareholders include Geode Capital Management LLC (0.83%), Bank of New York Mellon Corp (0.77%), BNP Paribas Arbitrage SNC (0.38%), Citadel Advisors LLC (0.00%), Capital Fund Management S.A. (0.00%) and Walleye Trading LLC (0.00%). Insiders that own company stock include Horacio Barbeito, Julie Gruber, Katrina O'connell, Mark Breitbard, Mary Beth Laughton, Nancy Green, Robert J Fisher, Shawn Curran, Sheila Peters and Sonia Syngal.
View institutional ownership trends.

Shares of GPS 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.
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One share of GPS stock can currently be purchased for approximately $10.20.

GAP (NYSE:GPS) has a market capitalization of $3.75 billion and generates $15.11 billion in revenue each year. The apparel retailer earns $-202,000,000.00 in net income (profit) each year or $0.29 on an earnings per share basis.

The company employs 95,000 workers across the globe.

GAP's mailing address is TWO FOLSOM STREET, SAN FRANCISCO CA, 94105. The official website for the company is www.gapinc.com. The apparel retailer can be reached via phone at (415) 427-0100, via email at investor_relations@gap.com, or via fax at 650-952-4407.