NASDAQ:AAPLApple Stock Price, Forecast & News

Apple's stock was trading at $275.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AAPL shares have increased by 32.2% and is now trading at $364.11. View which stocks have been most impacted by Coronavirus.

43 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apple in the last year. There are currently 3 sell ratings, 12 hold ratings and 28 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Apple.

Apple is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Apple.

Apple Inc. (NASDAQ:AAPL) issued its quarterly earnings results on Thursday, April, 30th. The iPhone maker reported $2.55 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.26 by $0.29. The iPhone maker had revenue of $58.31 billion for the quarter, compared to analyst estimates of $54.64 billion. Apple had a return on equity of 64.49% and a net margin of 21.35%. The company's revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.46 earnings per share. View Apple's earnings history.

Apple announced a quarterly dividend on Thursday, April 30th. Shareholders of record on Monday, May 11th will be paid a dividend of $0.82 per share on Thursday, May 14th. This represents a $3.28 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Friday, May 8th. This is an increase from Apple's previous quarterly dividend of $0.77. View Apple's dividend history.

Apple shares split on Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly created shares were payable to shareholders after the market closes on Friday, June 6th 2014. An investor that had 100 shares of Apple stock prior to the split would have 700 shares after the split.

Apple announced that its board has authorized a stock repurchase plan on Tuesday, April 30th 2019, which authorizes the company to buyback $75,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is undervalued.

43 brokers have issued twelve-month price objectives for Apple's stock. Their forecasts range from $155.00 to $425.00. On average, they expect Apple's stock price to reach $325.51 in the next twelve months. This suggests that the stock has a possible downside of 10.6%. View analysts' price targets for Apple.

News stories about AAPL stock have trended very negative on Thursday, InfoTrie reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Apple earned a news impact score of -3.3 on InfoTrie's scale. They also assigned media coverage about the iPhone maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Apple.

Some companies that are related to Apple include Dell (DELL), HP (HPQ), NCR (NCR), Super Micro Computer (SMCI), Stratasys (SSYS), 3D Systems (DDD), Diebold Nixdorf (DBD), Avid Technology (AVID) and Kopin (KOPN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Apple investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), Canopy Growth (CGC), AT&T (T) and Alphabet (GOOG).

Apple trades on the NASDAQ under the ticker symbol "AAPL."

Apple's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.01%), Cacti Asset Management LLC (0.00%), Thomasville National Bank (0.00%), M&R Capital Management Inc. (0.00%), First Financial Bank Trust Division (0.00%) and Smithbridge Asset Management Inc. DE (0.00%). Company insiders that own Apple stock include Angela J Ahrendts, Arthur D Levinson, Chris Kondo, Craig Federighi, Deirdre O'brien, Jeffrey E Williams, Johny Srouji, Luca Maestri and Timothy D Cook. View institutional ownership trends for Apple.

AAPL stock was sold by a variety of institutional investors in the last quarter, including Cacti Asset Management LLC, Thomasville National Bank, Cox Capital Mgt LLC, Park National Corp OH, Gantzert Investment Co. LLC ADV, First Financial Bank Trust Division, Smithbridge Asset Management Inc. DE, and M&R Capital Management Inc.. Company insiders that have sold Apple company stock in the last year include Arthur D Levinson, Chris Kondo, Deirdre O'brien, Jeffrey E Williams, Luca Maestri, and Timothy D Cook. View insider buying and selling activity for Apple.

AAPL stock was purchased by a variety of institutional investors in the last quarter, including Modus Advisors LLC, and Ellenbecker Investment Group. View insider buying and selling activity for Apple.

Shares of AAPL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AAPL stock can currently be purchased for approximately $364.11.

Apple has a market capitalization of $1.58 trillion and generates $260.17 billion in revenue each year. The iPhone maker earns $55.26 billion in net income (profit) each year or $11.89 on an earnings per share basis. Apple employs 137,000 workers across the globe.

The official website for Apple is www.apple.com.

Apple's mailing address is ONE APPLE PARK WAY, CUPERTINO CA, 95014. The iPhone maker can be reached via phone at 408-996-1010 or via email at [email protected]