GAP - GPS Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GAP in the last twelve months. There are currently 5 sell ratings, 12 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.

18 brokerages have issued twelve-month price targets for GAP's stock. Their GPS share price forecasts range from $8.00 to $18.00. On average, they predict the company's share price to reach $11.30 in the next twelve months. This suggests that the stock has a possible downside of 21.6%.
View analysts price targets for GPS or view top-rated stocks among Wall Street analysts.

GAP's stock was trading at $17.65 on January 1st, 2022. Since then, GPS shares have decreased by 18.4% and is now trading at $14.41.
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GAP saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 31,410,000 shares, an increase of 7.2% from the October 15th total of 29,310,000 shares. Based on an average trading volume of 7,840,000 shares, the short-interest ratio is presently 4.0 days. Currently, 15.7% of the shares of the stock are sold short.
View GAP's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our GPS earnings forecast.

The Gap, Inc. (NYSE:GPS) announced its quarterly earnings data on Thursday, November, 17th. The apparel retailer reported $0.71 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.73. The apparel retailer earned $4.04 billion during the quarter, compared to analysts' expectations of $3.83 billion. GAP had a net margin of 0.35% and a trailing twelve-month return on equity of 4.78%. The business's revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.27 EPS.
Read the conference call transcript.

GAP announced a quarterly dividend on Tuesday, November 8th. Investors of record on Wednesday, January 4th will be given a dividend of $0.15 per share on Wednesday, January 25th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.16%. The ex-dividend date of this dividend is Tuesday, January 3rd.
Read our dividend analysis for GPS.

GAP (NYSE:GPS) pays an annual dividend of $0.60 per share and currently has a dividend yield of 4.11%. 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 375.02%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, GPS will have a dividend payout ratio of 88.24% in the coming year. This indicates that the company may not be able to sustain their current 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 a number of institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (0.86%), Towle & Co (0.73%), Citadel Advisors LLC (0.00%), UBS Group AG (0.00%), California Public Employees Retirement System (0.12%) and Royal Bank of Canada (0.00%). Insiders that own company stock include 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.
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One share of GPS stock can currently be purchased for approximately $14.41.

GAP (NYSE:GPS) has a market capitalization of $5.24 billion and generates $16.67 billion in revenue each year. The apparel retailer earns $256 million in net income (profit) each year or $0.16 on an earnings per share basis.

The company employs 97,000 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.