Clear Secure (NYSE:YOU) Announces Earnings Results

Clear Secure (NYSE:YOU) posted its quarterly earnings results on Wednesday. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate 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 Stock Down 3.8 %

YOU stock traded down $0.90 during 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 company has a market capitalization of $3.19 billion, a price-to-earnings ratio of 26.52 and a beta of 1.38. Clear Secure has a one year low of $16.05 and a one year high of $38.88. The company’s 50 day moving average is $25.03 and its two-hundred day moving average is $28.52.

Clear Secure Announces Dividend

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. This represents a $0.50 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Monday, March 10th. Clear Secure’s dividend payout ratio (DPR) is presently 58.14%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on YOU shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $45.00 target price on shares of Clear Secure in a research report on Monday, December 16th. Wedbush restated a “neutral” rating and set a $26.00 price objective (up previously from $24.00) on shares of Clear Secure in a report on Thursday, November 7th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $42.00 target price on shares of Clear Secure in a research report on Friday, February 21st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Clear Secure currently has an average 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.