NASDAQ:AAPLApple Stock Price, Forecast & News

Apple's stock was trading at $275.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AAPL shares have increased by 35.9% and is now trading at $374.40. 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) posted its earnings results on Thursday, April, 30th. The iPhone maker reported $2.55 EPS for the quarter, beating the consensus estimate of $2.26 by $0.29. The iPhone maker earned $58.31 billion during the quarter, compared to analysts' expectations of $54.64 billion. Apple had a return on equity of 64.49% and a net margin of 21.35%. The firm's revenue was up .5% on a year-over-year basis. During the same period in the previous year, the business posted $2.46 EPS. View Apple's earnings history.

Apple declared a quarterly dividend on Thursday, April 30th. Investors 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 dividend on an annualized basis and a dividend yield of 0.88%. 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 issued shares were issued 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 declared that its board has approved a stock buyback program on Tuesday, April 30th 2019, which permits the company to repurchase $75,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued.

43 brokerages have issued twelve-month target prices 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 13.1%. View analysts' price targets for Apple.

Headlines about AAPL stock have trended negative on Monday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Apple earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave media coverage about the iPhone maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. 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 many different 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%), Fulton Bank N. A. (0.00%) and Private Asset Management Inc. (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, Farmers Trust Co., First Financial Bank Trust Division, and Fulton Bank N. A.. 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 acquired by a variety of institutional investors in the last quarter, including Modus Advisors LLC, Ellenbecker Investment Group, and Orrstown Financial Services Inc.. 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 $374.40.

Apple has a market capitalization of $1.62 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]