Academy Sports and Outdoors, Inc. (NASDAQ:ASO) to Issue Quarterly Dividend of $0.15

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) declared a quarterly dividend on Thursday, March 5th. Stockholders of record on Friday, March 20th will be paid a dividend of 0.15 per share on Friday, April 10th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, March 20th. This is a 15.4% increase from Academy Sports and Outdoors’s previous quarterly dividend of $0.13.

Academy Sports and Outdoors has a dividend payout ratio of 7.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Academy Sports and Outdoors to earn $6.25 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 8.3%.

Academy Sports and Outdoors Stock Performance

Shares of NASDAQ:ASO traded down $0.14 on Friday, hitting $60.25. 1,306,857 shares of the company were exchanged, compared to its average volume of 1,402,692. The company’s 50 day moving average price is $57.05 and its two-hundred day moving average price is $52.30. The firm has a market capitalization of $4.02 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 1.06 and a beta of 1.23. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.32 and a current ratio of 1.71. Academy Sports and Outdoors has a one year low of $33.34 and a one year high of $62.44.

Academy Sports and Outdoors (NASDAQ:ASO) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.08. Academy Sports and Outdoors had a return on equity of 18.24% and a net margin of 6.27%.The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter last year, the company earned $0.98 EPS. The company’s quarterly revenue was up 3.0% on a year-over-year basis. Academy Sports and Outdoors has set its FY 2025 guidance at 5.650-6.150 EPS. Research analysts expect that Academy Sports and Outdoors will post 5.59 earnings per share for the current year.

Academy Sports and Outdoors Company Profile

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.