NASDAQ:ADI - Analog Devices Stock Price, Forecast & News

Analog Devices trades on the NASDAQ under the ticker symbol "ADI."

Analog Devices announced a quarterly dividend on Tuesday, November 26th. Stockholders of record on Friday, December 6th will be paid a dividend of $0.54 per share on Tuesday, December 17th. This represents a $2.16 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Thursday, December 5th. View Analog Devices' Dividend History.

Analog Devices declared that its Board of Directors has approved a share buyback program on Tuesday, August 21st 2018, which allows the company to buyback $2,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 5.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

Analog Devices, Inc. (NASDAQ:ADI) released its quarterly earnings data on Tuesday, November, 26th. The semiconductor company reported $1.19 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.22 by $0.03. The semiconductor company had revenue of $1.44 billion for the quarter, compared to analysts' expectations of $1.45 billion. Analog Devices had a net margin of 22.75% and a return on equity of 16.39%. The business's quarterly revenue was down 6.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.55 earnings per share. View Analog Devices' Earnings History.

Analog Devices is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Analog Devices.

Analog Devices will be holding an earnings conference call on Wednesday, February 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Analog Devices issued an update on its first quarter earnings guidance on Tuesday, November, 26th. The company provided earnings per share (EPS) guidance of $0.93-1.07 for the period, compared to the Thomson Reuters consensus estimate of $1.18. The company issued revenue guidance of $1.25-1.35 billion, compared to the consensus revenue estimate of $1.42 billion.

17 brokers have issued twelve-month price objectives for Analog Devices' stock. Their forecasts range from $100.00 to $140.00. On average, they anticipate Analog Devices' share price to reach $122.00 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets for Analog Devices.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Analog Devices in the last year. There are currently 4 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Analog Devices.

Press coverage about ADI stock has been trending negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press 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 five, with scores closest to five being the most favorable. Analog Devices earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines about the semiconductor company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the company's share price in the next several days. View News Stories for Analog Devices.

Analog Devices saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 4,500,000 shares, an increase of 5.1% from the November 28th total of 4,280,000 shares. Based on an average trading volume of 2,230,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.2% of the company's shares are sold short. View Analog Devices' Current Options Chain.

Some companies that are related to Analog Devices include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR) and Silicon Laboratories (SLAB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Analog Devices investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Adobe (ADBE), Cisco Systems (CSCO), Walt Disney (DIS), Intel (INTC) and Broadcom (AVGO).

Analog Devices' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.24%), SPF Beheer BV (0.20%), Anchor Capital Advisors LLC (0.18%), Marathon Asset Management LLP (0.16%), Riverbridge Partners LLC (0.14%) and New York State Teachers Retirement System (0.13%). Company insiders that own Analog Devices stock include Edward H Frank, Eileen Wynne, Gregory N Henderson, James Champy, Joseph Hassett, Kenton J Sicchitano, Margaret K Seif, Martin Cotter, Michael Sondel, Neil S Novich, Peter Real, Prashanth Mahendra-Rajah, Ray Stata, Steve Pietkiewicz, Vincent Roche and Yusuf Jamal. View Institutional Ownership Trends for Analog Devices.

ADI stock was sold by a variety of institutional investors in the last quarter, including Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Marathon Asset Management LLP, Professional Advisory Services Inc., Pennsylvania Trust Co, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Gateway Investment Advisers LLC, Strs Ohio and Nisa Investment Advisors LLC. Company insiders that have sold Analog Devices company stock in the last year include Edward H Frank, Eileen Wynne, Gregory N Henderson, James Champy, Joseph Hassett, Kenton J Sicchitano, Margaret K Seif, Martin Cotter, Michael Sondel, Neil S Novich, Prashanth Mahendra-Rajah, Ray Stata, Steve Pietkiewicz, Vincent Roche and Yusuf Jamal. View Insider Buying and Selling for Analog Devices.

ADI stock was bought by a variety of institutional investors in the last quarter, including Anchor Capital Advisors LLC, Assenagon Asset Management S.A., Artemis Investment Management LLP, Candriam Luxembourg S.C.A., Scout Investments Inc., California Public Employees Retirement System, Nippon Life Global Investors Americas Inc. and GPM Growth Investors Inc.. View Insider Buying and Selling for Analog Devices.

Shares of ADI 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 ADI stock can currently be purchased for approximately $114.31.

Analog Devices has a market capitalization of $42.10 billion and generates $5.99 billion in revenue each year. The semiconductor company earns $1.36 billion in net income (profit) each year or $5.15 on an earnings per share basis. Analog Devices employs 16,400 workers across the globe.View Additional Information About Analog Devices.

The official website for Analog Devices is http://www.analog.com/.

Analog Devices' mailing address is ONE TECHNOLOGY WAY, NORWOOD MA, 02062. The semiconductor company can be reached via phone at 781-329-4700 or via email at [email protected]