CLEAR Secure, Inc. (YOU) To Go Ex-Dividend on December 10th

CLEAR Secure, Inc. (NYSE:YOU) declared a quarterly dividend on Thursday, November 6th. Shareholders of record on Wednesday, December 10th will be given a dividend of 0.125 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Wednesday, December 10th.

CLEAR Secure has a dividend payout ratio of 31.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect CLEAR Secure to earn $1.04 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 48.1%.

CLEAR Secure Stock Up 12.6%

Shares of YOU stock opened at $36.07 on Friday. The firm has a market cap of $4.79 billion, a price-to-earnings ratio of 21.99 and a beta of 1.23. CLEAR Secure has a 52-week low of $21.67 and a 52-week high of $39.00. The company’s 50 day moving average is $33.71 and its 200 day moving average is $30.10.

CLEAR Secure (NYSE:YOU) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. The company had revenue of $229.19 million for the quarter, compared to the consensus estimate of $224.80 million. CLEAR Secure had a return on equity of 119.82% and a net margin of 20.97%.The firm’s revenue for the quarter was up 15.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.30 earnings per share. CLEAR Secure has set its Q4 2025 guidance at EPS. Analysts anticipate that CLEAR Secure will post 0.98 EPS for the current fiscal year.

Insider Activity at CLEAR Secure

In related news, CAO Dennis W. Liu sold 2,027 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $36.00, for a total transaction of $72,972.00. Following the completion of the sale, the chief accounting officer directly owned 11,896 shares in the company, valued at approximately $428,256. This trade represents a 14.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Adam Wiener sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $33.02, for a total transaction of $264,160.00. Following the sale, the director owned 193,634 shares of the company’s stock, valued at $6,393,794.68. This represents a 3.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 36,027 shares of company stock valued at $1,250,703. 39.73% of the stock is owned by company insiders.

Institutional Trading of CLEAR Secure

A number of institutional investors and hedge funds have recently added to or reduced their stakes in YOU. New York State Common Retirement Fund boosted its stake in shares of CLEAR Secure by 6.3% in the 1st quarter. New York State Common Retirement Fund now owns 28,913 shares of the company’s stock valued at $749,000 after buying an additional 1,712 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of CLEAR Secure by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 519,264 shares of the company’s stock valued at $13,454,000 after buying an additional 11,633 shares in the last quarter. Jump Financial LLC increased its position in shares of CLEAR Secure by 110.0% during the first quarter. Jump Financial LLC now owns 132,199 shares of the company’s stock worth $3,425,000 after purchasing an additional 69,259 shares in the last quarter. Victory Capital Management Inc. grew its stake in CLEAR Secure by 3.8% during the 1st quarter. Victory Capital Management Inc. now owns 766,503 shares of the company’s stock worth $19,860,000 after buying an additional 28,110 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in shares of CLEAR Secure by 189.6% in the 1st quarter. Arkadios Wealth Advisors now owns 39,794 shares of the company’s stock valued at $1,031,000 after acquiring an additional 26,052 shares during the period. Hedge funds and other institutional investors own 73.80% of the company’s stock.

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.