GAP (GPS) Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GAP in the last twelve months. There are currently 3 sell ratings, 10 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.

14 Wall Street analysts have issued 1-year target prices for GAP's stock. Their GPS share price forecasts range from $7.00 to $16.00. On average, they anticipate the company's stock price to reach $10.47 in the next twelve months. This suggests a possible upside of 20.3% 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 at the start of the year. Since then, GPS stock has decreased by 22.9% and is now trading at $8.70.
View the best growth stocks for 2023 here.

GAP saw a increase in short interest in May. As of May 15th, there was short interest totaling 31,450,000 shares, an increase of 6.4% from the April 30th total of 29,560,000 shares. Based on an average daily volume of 9,140,000 shares, the short-interest ratio is presently 3.4 days. Approximately 15.2% 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, August 24th 2023.
View our GPS earnings forecast.

The Gap, Inc. (NYSE:GPS) posted its quarterly earnings data on Thursday, May, 25th. The apparel retailer reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.17. The apparel retailer had revenue of $3.28 billion for the quarter, compared to analysts' expectations of $3.28 billion. GAP had a negative net margin of 0.38% and a positive trailing twelve-month return on equity of 0.86%. The firm's revenue for the quarter was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.44) EPS.
Read the conference call transcript.

GAP announced a quarterly dividend on Tuesday, May 9th. Investors of record on Wednesday, July 5th will be paid a dividend of $0.15 per share on Wednesday, July 26th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.90%. The ex-dividend date of this dividend is Monday, July 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), AB US High Dividend ETF (HIDV), Invesco S&P MidCap 400 Revenue ETF (RWK), Fidelity Women's Leadership ETF (FDWM), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) and Dimensional US Small Cap Value ETF (DFSV).

GAP (NYSE:GPS) pays an annual dividend of $0.60 per share and currently has a dividend yield of 7.43%. GPS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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 a variety of retail and institutional investors. Top institutional shareholders include Dodge & Cox (10.30%), Bank of New York Mellon Corp (0.79%), Geode Capital Management LLC (0.79%), Susquehanna International Group LLP (0.00%), Ameriprise Financial Inc. (0.57%) and UBS Group AG (0.00%). Insiders that own company stock include Horacio Barbeito, John Strain, 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.
Compare Top Brokerages Here.

One share of GPS stock can currently be purchased for approximately $8.70.

GAP (NYSE:GPS) has a market capitalization of $3.20 billion and generates $15.62 billion in revenue each year. The apparel retailer earns $-202,000,000.00 in net income (profit) each year or ($0.16) 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.