STMicroelectronics N.V. (NYSE:STM) to Issue Quarterly Dividend of $0.09

Key Points

• STMicroelectronics N.V. announced a quarterly dividend of $0.09 per share, set to be paid on September 30th, following the ex-dividend date of September 23rd.
• The company has a dividend payout ratio of 23.4%, and analysts expect it to maintain a healthy future payout ratio of 19.3% while projecting earnings of $1.87 per share next year.
• Despite positive revenue results of $2.77 billion for the last quarter, STMicroelectronics reported lower earnings per share of $0.06, missing the consensus estimate by $0.04.

STMicroelectronics N.V. (NYSE:STM - Get Free Report) declared a quarterly dividend on Wednesday, May 28th. Investors of record on Tuesday, September 23rd will be paid a dividend of 0.09 per share by the semiconductor producer on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 23rd.

STMicroelectronics has a dividend payout ratio of 23.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect STMicroelectronics to earn $1.87 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 19.3%.

STMicroelectronics Trading Up 0.7%

Shares of STM traded up $0.20 during trading hours on Tuesday, hitting $28.63. The stock had a trading volume of 2,964,763 shares, compared to its average volume of 7,436,876. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.96 and a current ratio of 2.74. The firm has a market cap of $25.71 billion, a P/E ratio of 41.47, a P/E/G ratio of 4.61 and a beta of 1.62. The company's fifty day simple moving average is $27.18 and its 200 day simple moving average is $25.99. STMicroelectronics has a 12-month low of $17.25 and a 12-month high of $33.47.

STMicroelectronics (NYSE:STM - Get Free Report) last issued its earnings results on Thursday, July 24th. The semiconductor producer reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.04). The firm had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.71 billion. STMicroelectronics had a return on equity of 4.55% and a net margin of 5.49%. STMicroelectronics has set its Q3 2025 guidance at EPS. Equities research analysts forecast that STMicroelectronics will post 0.85 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Citigroup reaffirmed a "buy" rating on shares of STMicroelectronics in a research report on Thursday, September 4th. BNP Paribas Exane raised STMicroelectronics from a "neutral" rating to an "outperform" rating and set a $31.00 target price on the stock in a research report on Thursday, September 4th. Susquehanna increased their price target on STMicroelectronics from $30.00 to $40.00 and gave the company a "positive" rating in a report on Tuesday, July 22nd. Robert W. Baird upgraded STMicroelectronics from a "neutral" rating to an "outperform" rating and increased their price target for the company from $23.00 to $50.00 in a report on Tuesday, July 22nd. Finally, Barclays reiterated an "underweight" rating on shares of STMicroelectronics in a report on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $32.06.

STMicroelectronics Company Profile

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments.