Dolby Laboratories (DLB) Expected to Announce Earnings on Thursday

Dolby Laboratories (NYSE:DLB - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect Dolby Laboratories to post earnings of $1.29 per share and revenue of $375.44 million for the quarter.

Dolby Laboratories Trading Up 0.4 %

DLB stock traded up $0.31 on Tuesday, hitting $76.33. The company had a trading volume of 31,886 shares, compared to its average volume of 451,676. The stock has a market cap of $7.28 billion, a price-to-earnings ratio of 28.11 and a beta of 0.94. The stock's 50-day simple moving average is $78.18 and its 200 day simple moving average is $78.31. Dolby Laboratories has a 12-month low of $66.35 and a 12-month high of $89.66.

Dolby Laboratories Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Tuesday, February 11th were issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend was Tuesday, February 11th. Dolby Laboratories's payout ratio is currently 48.53%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. StockNews.com downgraded Dolby Laboratories from a "strong-buy" rating to a "buy" rating in a research note on Friday, January 31st. Barrington Research restated an "outperform" rating and set a $100.00 target price on shares of Dolby Laboratories in a research report on Thursday, February 13th. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $100.00 price target on shares of Dolby Laboratories in a research report on Thursday, January 30th.

Insider Transactions at Dolby Laboratories

In other news, EVP Mark Andrew Sherman sold 40,000 shares of the company's stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $84.88, for a total value of $3,395,200.00. Following the completion of the transaction, the executive vice president now owns 62,397 shares of the company's stock, valued at $5,296,257.36. This represents a 39.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Ryan Nicholson sold 7,000 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $84.07, for a total value of $588,490.00. Following the completion of the transaction, the chief accounting officer now directly owns 29,758 shares in the company, valued at approximately $2,501,755.06. This represents a 19.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 65,121 shares of company stock valued at $5,501,324 over the last quarter. 38.39% of the stock is currently owned by company insiders.

About Dolby Laboratories

Dolby Laboratories, Inc creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices.