Clear Secure, Inc. (NYSE:YOU – Get Free Report) announced a quarterly dividend on Tuesday, May 7th, Zacks reports. Stockholders of record on Monday, June 10th will be given a dividend of 0.10 per share on Tuesday, June 18th. This represents a $0.40 annualized dividend and a dividend yield of 2.33%. The ex-dividend date of this dividend is Monday, June 10th. This is a positive change from Clear Secure’s previous quarterly dividend of $0.09.
Clear Secure Price Performance
Shares of YOU stock opened at $17.17 on Thursday. The firm has a 50-day moving average of $19.17 and a 200-day moving average of $19.73. Clear Secure has a one year low of $15.28 and a one year high of $27.75. The company has a market cap of $2.73 billion, a P/E ratio of 57.27 and a beta of 1.59.
Clear Secure (NYSE:YOU – Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. The firm had revenue of $170.97 million for the quarter, compared to analysts’ expectations of $166.56 million. Clear Secure had a net margin of 4.58% and a return on equity of 9.66%. The company’s quarterly revenue was up 33.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.12) EPS. As a group, research analysts expect that Clear Secure will post 0.54 earnings per share for the current fiscal year.
Insider Activity
Wall Street Analyst Weigh In
YOU has been the subject of several recent research reports. Telsey Advisory Group reissued an “outperform” rating and issued a $34.00 price objective on shares of Clear Secure in a report on Tuesday, March 26th. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective on shares of Clear Secure in a research note on Wednesday. Finally, Wedbush reissued a “neutral” rating and set a $21.00 target price on shares of Clear Secure in a report on Wednesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $28.40.
Check Out Our Latest Analysis on YOU
Clear Secure Company Profile
Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members.
Further Reading
- Five stocks we like better than Clear Secure
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- 3 Tripe-Digit Growth Mid Cap Stocks to Watch This Quarter
- The 3 Best Retail Stocks to Shop for in August
- Has FMC Stock Reached Bottom? First Quarter Earnings Say Yes
- How to Calculate Return on Investment (ROI)
- Lucid’s Stock Price is Still in Reverse: New Lows Are Coming
Receive News & Ratings for Clear Secure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clear Secure and related companies with MarketBeat.com's FREE daily email newsletter.