Clear Secure (NYSE:YOU) Posts Earnings Results, Beats Expectations By $0.59 EPS

Clear Secure (NYSE:YOU) issued its quarterly earnings results on Wednesday. The company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.59, Zacks reports. Clear Secure had a net margin of 10.93% and a return on equity of 48.28%. Clear Secure updated its Q1 2025 guidance to EPS.

Clear Secure Trading Down 3.8 %

Shares of YOU stock traded down $0.90 during mid-day trading on Wednesday, reaching $22.87. The stock had a trading volume of 1,645,266 shares, compared to its average volume of 1,768,589. The stock’s 50-day moving average price is $25.03 and its two-hundred day moving average price is $28.52. The firm has a market capitalization of $3.19 billion, a PE ratio of 26.52 and a beta of 1.38. Clear Secure has a 52-week low of $16.05 and a 52-week high of $38.88.

Clear Secure Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Monday, March 10th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.50 dividend on an annualized basis and a yield of 2.19%. Clear Secure’s dividend payout ratio is currently 58.14%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Needham & Company LLC restated a “buy” rating and issued a $45.00 target price on shares of Clear Secure in a research note on Monday, December 16th. Wedbush restated a “neutral” rating and issued a $26.00 price objective (up from $24.00) on shares of Clear Secure in a research note on Thursday, November 7th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $42.00 target price on shares of Clear Secure in a research report on Friday, February 21st. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Clear Secure currently has a consensus rating of “Moderate Buy” and an average price target of $35.20.

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.