Investment analysts at Zacks Research have revised their earnings per share (EPS) forecast for Science Applications International Corp. (SAIC) for the fiscal year 2026. In a report dated December 24, 2023, the analysts increased their estimate to $9.83, up from the previous estimate of $9.58. This adjustment reflects growing optimism regarding the company’s performance within the information technology services sector.
The new forecast is notably higher than the consensus estimate for SAIC’s current full-year earnings of $8.27 per share. Zacks Research also provided projections for various upcoming quarters, estimating $1.70 EPS for Q4 2026, $2.17 for Q1 2027, $2.30 for Q2 2027, $2.46 for Q3 2027, and $2.58 for Q4 2027. For the fiscal year 2027, Zacks anticipates earnings of $9.51 per share, escalating to $10.16 by FY2028.
In its most recent earnings announcement on December 4, 2023, SAIC reported an EPS of $2.58 for the quarter, surpassing analysts’ expectations of $2.07 by $0.51. The company’s net margin stood at 4.11%, with a return on equity of 24.18%. Revenue for the quarter was reported at $1.87 billion, aligning with analyst predictions but reflecting a decline of 5.6% from the same quarter the previous year.
SAIC has set its FY 2026 guidance at an EPS range of 9.800 to 10.000. As of Monday, the company’s stock opened at $103.35. The stock’s performance has shown variability, with a fifty-day simple moving average of $94.15 and a 200-day simple moving average of $103.95. Over the past year, SAIC’s stock has reached a low of $84.15 and a high of $124.11.
Dividend Announcement and Insider Trading
SAIC also announced a quarterly dividend of $0.37, set to be distributed on January 28, 2026. Shareholders on record as of January 14, 2026 will be eligible for this payment, which translates to an annualized dividend of $1.48 and a yield of 1.4%. The company’s current dividend payout ratio is 18.93%.
In related news, SAIC’s CEO, James Reagan, purchased 1,000 shares of the company’s stock on December 16, 2023, at an average price of $100.17 per share, totaling approximately $100,170. Following this acquisition, Reagan’s stake in the company rose to 26,460 shares, valued at around $2,650,498.20, marking a 3.93% increase in his ownership.
Institutional Investor Activity
Recent activity among institutional investors further highlights confidence in SAIC. For instance, Mitsubishi UFJ Asset Management Co. Ltd. raised its stake by 324.1% during the second quarter, now holding 246 shares valued at $28,000 after acquiring an additional 188 shares. Other firms, such as Quent Capital LLC and Wexford Capital LP, have also initiated new positions in SAIC, with investments approximating $29,000 each.
Currently, institutional investors own 76.00% of SAIC’s stock, demonstrating strong institutional confidence in the company’s future.
As a prominent technology integrator, Science Applications International Corp., founded in 1969 by J. Robert Beyster, specializes in providing engineering, systems integration, and information technology services primarily to U.S. government clients. The company supports a range of sectors, including defense, intelligence, and health, offering solutions that address critical mission requirements. Its capabilities encompass systems engineering, enterprise IT modernization, cybersecurity, and data analytics, positioning it as a key player in the technology landscape.
