NASDAQ:AAPLApple Stock Price, Forecast & News

Apple's stock was trading at $275.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AAPL shares have increased by 35.7% and is now trading at $373.85. 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 Thursday, July 30th 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 EPS for the quarter, beating analysts' consensus estimates of $2.26 by $0.29. The iPhone maker earned $58.31 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the business earned $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 given 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 is Friday, May 8th. This is an increase from Apple's previous quarterly dividend of $0.77. View Apple's dividend history.

Apple's stock split on the morning of Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly created shares were issued to shareholders after the closing bell 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 initiated a share repurchase plan on Tuesday, April 30th 2019, which permits the company to buyback $75,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 7.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its stock is undervalued.

43 brokers have issued 12-month price objectives for Apple's shares. Their forecasts range from $155.00 to $425.00. On average, they expect Apple's stock price to reach $326.98 in the next twelve months. This suggests that the stock has a possible downside of 12.5%. View analysts' price targets for Apple.

Press coverage about AAPL stock has been trending negative recently, InfoTrie reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Apple earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news coverage about the iPhone maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. 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 variety of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%), Park National Corp OH (0.01%), Cacti Asset Management LLC (0.00%), Courier Capital LLC (0.00%), Bath Savings Trust Co (0.00%) and Burns J W & Co. Inc. NY (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 HNP Capital LLC, Municipal Employees Retirement System of Michigan, Cacti Asset Management LLC, Thomasville National Bank, Cox Capital Mgt LLC, Park National Corp OH, Gantzert Investment Co. LLC ADV, and Farmers Trust Co.. 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 State of Alaska Department of Revenue, Modus Advisors LLC, E Fund Management Hong Kong Co. Ltd., Boston Standard Wealth Management LLC, Ellenbecker Investment Group, Anderson Hoagland & Co., Orrstown Financial Services Inc., and Ellevest 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 $373.85.

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]