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

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) announced a quarterly dividend on Wednesday, September 2nd. Shareholders 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 yield of 1.3%. The ex-dividend date is Wednesday, September 16th.

Academy Sports and Outdoors has a dividend payout ratio of 9.1% indicating that its dividend is sufficiently covered by earnings. 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

ASO traded up $1.26 during trading on Friday, reaching $44.94. 1,606,322 shares of the company were exchanged, compared to its average volume of 1,508,960. The company’s 50-day moving average is $46.91 and its two-hundred day moving average is $52.01. The company has a quick ratio of 0.36, a current ratio of 1.68 and a debt-to-equity ratio of 0.23. Academy Sports and Outdoors has a 12-month low of $41.29 and a 12-month high of $62.44. The company has a market cap of $2.79 billion, a price-to-earnings ratio of 7.91, a P/E/G ratio of 0.63 and a beta of 1.02.

Academy Sports and Outdoors (NASDAQ:ASO) last posted its earnings results on Tuesday, June 9th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.91 by $0.02. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Academy Sports and Outdoors had a return on equity of 17.85% and a net margin of 6.24%.The firm’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. Research analysts forecast that Academy Sports and Outdoors will post 6.08 earnings per share for the current fiscal 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.