Advance Auto Parts, Inc. (AAP) to Issue Quarterly Dividend of $0.25 on October 23rd

Advance Auto Parts, Inc. (NYSE:AAP) announced a quarterly dividend on Tuesday, August 18th. Investors of record on Friday, October 9th will be given a dividend of 0.25 per share on Friday, October 23rd. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 9th.

Advance Auto Parts has a payout ratio of 32.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Advance Auto Parts to earn $3.99 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 25.1%.

Advance Auto Parts Price Performance

Advance Auto Parts stock traded down $13.81 during midday trading on Thursday, hitting $42.37. 16,627,740 shares of the company’s stock were exchanged, compared to its average volume of 1,899,226. The company has a market cap of $2.56 billion, a P/E ratio of 58.85, a PEG ratio of 0.94 and a beta of 1.03. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.85 and a current ratio of 1.78. The stock has a 50-day moving average price of $57.30 and a two-hundred day moving average price of $55.47. Advance Auto Parts has a 52-week low of $37.89 and a 52-week high of $65.21.

Advance Auto Parts (NYSE:AAP) last released its quarterly earnings results on Thursday, August 20th. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.22. The firm had revenue of $2 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Advance Auto Parts had a return on equity of 8.95% and a net margin of 0.51%.The company’s revenue was down .5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.69 EPS. Advance Auto Parts has set its FY 2026 guidance at 2.600-3.300 EPS. On average, equities research analysts forecast that Advance Auto Parts will post 2.94 earnings per share for the current year.

More Advance Auto Parts News

Here are the key news stories impacting Advance Auto Parts this week:

• Positive Sentiment: Adjusted earnings were $1.03 per share, above the $0.81 analyst consensus and up from $0.69 a year earlier. Gross margin improved to 46.2% from 43.5%, while operating income rose substantially. Advance Auto Parts Q2 Earnings Surpass Estimates
• Positive Sentiment: Advance Auto Parts reduced net leverage to 2.1 times from 2.4 times and repurchased approximately $30 million of debt principal, supporting its balance-sheet improvement efforts. Advance Auto Parts Reports Second-Quarter Results
• Positive Sentiment: Some analysts argued that the selloff creates a potential near-term opportunity, suggesting the earnings beat, margin gains and valuation reset could outweigh the current sales weakness if the turnaround continues. Advance Auto Parts Panic Over Sales Slowdown Creates Opportunity
• Neutral Sentiment: Management reaffirmed 2026 revenue guidance of approximately $8.485 billion to $8.575 billion and issued EPS guidance of $2.60 to $3.30, broadly around analyst expectations but offering limited evidence of accelerating growth.
• Negative Sentiment: Second-quarter revenue was about $2.0 billion, below estimates near $2.04 billion, and comparable-store sales declined 0.5%. Investors focused on the sales miss rather than the earnings beat. Why Did AAP Stock Sink After a Better-Than-Expected Quarter?
• Negative Sentiment: Executives cited constrained consumer spending and weaker do-it-yourself demand, raising concerns about traffic, discretionary repairs and the pace of the company’s sales recovery. Cash-Strapped DIY Customers Tap the Brakes
• Negative Sentiment: The muted outlook provided little upside to revenue expectations, while the company’s very low net margin and continued year-over-year sales decline amplified concerns about execution and valuation.

Advance Auto Parts Company Profile

Advance Auto Parts, Inc (NYSE: AAP) is a leading distributor of automotive aftermarket parts, accessories, and maintenance items. The company operates a network of stores and distribution centers across North America, serving both do-it-yourself (DIY) customers and professional service providers. Advance Auto Parts focuses on offering a comprehensive selection of replacement parts, batteries, engine components, and performance products for cars and light trucks.

The company’s product portfolio includes engine oils and lubricants, cooling system components, brake and suspension parts, filters, belts, hoses, and diagnostic tools.