Gen Digital Inc. (NASDAQ:GEN) Announces Quarterly Dividend of $0.12

Gen Digital Inc. (NASDAQ:GEN) declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Monday, August 17th will be paid a dividend of 0.125 per share on Wednesday, September 9th. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, August 17th.

Gen Digital has a payout ratio of 17.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Gen Digital to earn $3.04 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 16.4%.

Gen Digital Trading Up 0.5%

GEN opened at $28.10 on Friday. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.40 and a current ratio of 0.40. The stock’s 50 day moving average price is $25.90 and its 200-day moving average price is $23.29. Gen Digital has a one year low of $17.78 and a one year high of $32.22. The stock has a market cap of $16.82 billion, a price-to-earnings ratio of 17.78 and a beta of 1.21.

Gen Digital (NASDAQ:GEN) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.02. Gen Digital had a return on equity of 55.47% and a net margin of 19.46%.The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the previous year, the business earned $0.64 EPS. Gen Digital’s revenue was up 6.3% compared to the same quarter last year. Gen Digital has set its FY 2027 guidance at 2.870-2.970 EPS and its Q2 2027 guidance at 0.710-0.730 EPS. On average, equities analysts forecast that Gen Digital will post 2.61 EPS for the current year.

Gen Digital News Summary

Here are the key news stories impacting Gen Digital this week:

• Positive Sentiment: Q1 results exceeded expectations: Gen Digital reported adjusted earnings of $0.71 per share, versus the $0.69 consensus estimate, while revenue rose 6.3% year over year to $1.34 billion, ahead of the $1.31 billion forecast. EPS also increased from $0.64 in the year-ago quarter. Gen Digital Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Full-year guidance was raised above analyst expectations: Gen now expects fiscal 2027 adjusted EPS of $2.87 to $2.97, compared with the $2.83 consensus estimate, and revenue of $5.4 billion to $5.5 billion, versus the $5.4 billion consensus. The higher forecast signals management expects continued momentum in its cybersecurity business. Gen Digital Raises Annual Forecast on Strong Cybersecurity Demand
• Positive Sentiment: Near-term outlook also topped EPS expectations: Fiscal second-quarter EPS guidance of $0.71 to $0.73 is above the $0.70 analyst consensus. Management described the company as accelerating in the first quarter, supported by demand for its portfolio of digital-security products. Gen Further Accelerates in Q1 FY27 and Raises Full Year Guidance
• Neutral Sentiment: Second-quarter revenue guidance was broadly in line: The $1.3 billion to $1.4 billion forecast brackets the $1.3 billion consensus estimate, making the EPS outlook the clearer upside factor. Investors will likely focus on subscriber growth, retention, and execution against the raised annual targets during the earnings call.
• Negative Sentiment: Balance-sheet leverage remains a background risk: Gen Digital’s debt-to-equity ratio is approximately 3.07 and its current ratio is 0.40, which could limit financial flexibility if growth slows or refinancing costs rise. However, the latest earnings release did not indicate a deterioration in operating performance.

About Gen Digital

Gen Digital (NASDAQ: GEN) is a global cybersecurity company specializing in consumer- and small-business-focused security, privacy, and identity protection solutions. The company offers a suite of products designed to safeguard devices, networks, and personal information against malware, ransomware, phishing attacks and other digital threats. With a focus on user-friendly interfaces and cross-platform compatibility, Gen Digital develops antivirus software, VPN services, parental controls, password management tools, and comprehensive identity-theft monitoring services.

Gen Digital traces its origins to the consumer software division of Symantec Corporation, which was spun off in late 2019 under the NortonLifeLock name.