Academy Sports and Outdoors, Inc. (ASO) to Issue Quarterly Dividend of $0.15 on October 14th

Academy Sports and Outdoors, Inc. (NASDAQ:ASOGet Free Report) declared a quarterly dividend on Wednesday, September 2nd. Investors of record on Wednesday, September 16th will be paid a dividend of 0.15 per share on Wednesday, October 14th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Wednesday, September 16th.

Academy Sports and Outdoors has a payout ratio of 9.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Academy Sports and Outdoors to earn $6.59 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 9.1%.

Academy Sports and Outdoors Price Performance

Shares of ASO traded up $1.26 during mid-day trading on Friday, reaching $44.94. The stock had a trading volume of 1,606,322 shares, compared to its average volume of 1,508,960. Academy Sports and Outdoors has a 12 month low of $41.29 and a 12 month high of $62.44. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.36 and a current ratio of 1.68. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 7.91, a PEG ratio of 0.63 and a beta of 1.02. The business has a fifty day moving average of $46.91 and a 200 day moving average of $52.01.

Academy Sports and Outdoors (NASDAQ:ASOGet Free Report) last announced its quarterly earnings data on Tuesday, June 9th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.91 by $0.02. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. Academy Sports and Outdoors had a return on equity of 17.85% and a net margin of 6.24%.The business’s revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.76 earnings per share. Academy Sports and Outdoors has set its FY 2026 guidance at 6.400-6.800 EPS. Equities analysts predict that Academy Sports and Outdoors will post 6.08 EPS for the current year.

Academy Sports and Outdoors Company Profile

(Get Free Report)

Academy Sports and Outdoors is a leading specialty retailer of sporting goods and outdoor gear, operating more than 260 stores across the United States. Headquartered in Katy, Texas, the company offers a broad assortment of merchandise spanning athletic footwear and apparel, team sports equipment, camping and outdoor recreation products, hunting and fishing supplies, and fitness accessories. In addition to its brick-and-mortar footprint, Academy serves customers through its e-commerce platform, offering online ordering, in-store pickup, and home delivery options.

The company’s product portfolio includes seasonal and year-round categories designed to meet the needs of both casual enthusiasts and serious athletes.

See Also

Dividend History for Academy Sports and Outdoors (NASDAQ:ASO)

Receive News & Ratings for Academy Sports and Outdoors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Academy Sports and Outdoors and related companies with MarketBeat.com's FREE daily email newsletter.