Guess?, Inc. (NYSE:GES) announced a quarterly dividend on Tuesday, November 21st, RTT News reports. Stockholders of record on Wednesday, December 13th will be given a dividend of 0.225 per share on Wednesday, January 3rd. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date of this dividend is Tuesday, December 12th.

Guess? has raised its dividend by an average of 4.0% annually over the last three years and has increased its dividend annually for the last 3 consecutive years. Guess? has a dividend payout ratio of 145.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Guess? to earn $0.90 per share next year, which means the company may not be able to cover its $0.90 annual dividend with an expected future payout ratio of 100.0%.

Shares of Guess? (NYSE:GES) opened at $15.96 on Thursday. Guess? has a 12 month low of $9.56 and a 12 month high of $18.30. The company has a market capitalization of $1,314.74, a price-to-earnings ratio of 33.29, a PEG ratio of 1.48 and a beta of 0.43. The company has a quick ratio of 1.36, a current ratio of 2.58 and a debt-to-equity ratio of 0.04.

Guess? (NYSE:GES) last released its earnings results on Tuesday, November 21st. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. Guess? had a positive return on equity of 4.35% and a negative net margin of 0.10%. The firm had revenue of $554.00 million for the quarter, compared to analysts’ expectations of $569.75 million. During the same period in the prior year, the firm posted $0.11 earnings per share. The company’s quarterly revenue was up 3.3% on a year-over-year basis. equities research analysts anticipate that Guess? will post 0.62 EPS for the current year.

A number of research analysts have recently issued reports on the company. Cowen reaffirmed a “hold” rating and set a $17.00 price target on shares of Guess? in a report on Wednesday, November 22nd. Jefferies Group reaffirmed a “hold” rating and set a $13.00 price target on shares of Guess? in a report on Thursday, September 28th. Zacks Investment Research downgraded Guess? from a “strong-buy” rating to a “hold” rating in a report on Friday, October 27th. B. Riley reaffirmed a “buy” rating on shares of Guess? in a report on Wednesday, November 1st. Finally, Evercore ISI assumed coverage on Guess? in a report on Friday, August 25th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $14.77.

ILLEGAL ACTIVITY NOTICE: This news story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/12/07/guess-inc-ges-to-go-ex-dividend-on-december-12th.html.

Guess? Company Profile

Guess?, Inc designs, markets, distributes and licenses a lifestyle collections of apparel and accessories for men, women and children. The Company operates through five segments: Americas Retail, Europe, Asia, Americas Wholesale and Licensing. The Americas Retail segment includes the Company’s retail and e-commerce operations in North and Central America and its retail operations in South America.

Dividend History for Guess? (NYSE:GES)

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