NASDAQ:AVGO - Broadcom Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $249.48 +1.38 (+0.56 %) (As of 09/24/2018 04:00 PM ET)Previous Close$248.27Today's Range$247.40 - $250.0952-Week Range$197.46 - $285.68Volume193,846 shsAverage Volume4.53 million shsMarket Capitalization$102.58 billionP/E Ratio17.43Dividend Yield2.82%Beta0.95 Company ProfileDiscussionAnalyst RatingsChartDividend HistoryEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Broadcom Inc. designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other. The Wired Infrastructure segment provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; Ethernet switching and routing application products; embedded processors and controllers; serializer/deserializer application specific integrated circuits; optical and copper, and physical layers; and fiber optic laser and receiver components. The Wireless Communications segment offers RF front end modules, filters, and power amplifiers; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; and custom touch controllers. The Enterprise Storage segment provides serial attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express switches; fiber channel host bus adapters; read channel based SoCs; and preamplifiers. The Industrial & Other segment offers optocouplers, industrial fiber optics, motion control encoders and subsystems, and light emitting diodes. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. is based in San Jose, California. Receive AVGO News and Ratings via Email Sign-up to receive the latest news and ratings for AVGO and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductors SectorComputer and Technology SymbolNASDAQ:AVGO CUSIPY0486S10 Webwww.broadcom.com Phone408-433-8000 Debt Debt-to-Equity Ratio0.64 Current Ratio3.98 Quick Ratio3.42 Price-To-Earnings Trailing P/E Ratio17.43 Forward P/E Ratio13.79 P/E Growth1.03 Sales & Book Value Annual Sales$17.64 billion Price / Sales5.85 Cash Flow$27.5061 per share Price / Cash9.07 Book Value$56.83 per share Price / Book4.39 Profitability EPS (Most Recent Fiscal Year)$14.30 Net Income$1.69 billion Net Margins58.18% Return on Equity28.54% Return on Assets14.89% Miscellaneous Employees14,000 Outstanding Shares413,450,000Market Cap$102.58 billion Broadcom (NASDAQ:AVGO) Frequently Asked Questions What is Broadcom's stock symbol? Broadcom trades on the NASDAQ under the ticker symbol "AVGO." How often does Broadcom pay dividends? What is the dividend yield for Broadcom? Broadcom announced a quarterly dividend on Thursday, September 6th. Stockholders of record on Wednesday, September 19th will be paid a dividend of $1.75 per share on Friday, September 28th. This represents a $7.00 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend is Tuesday, September 18th. View Broadcom's Dividend History. How will Broadcom's stock buyback program work? Broadcom declared that its board has authorized a stock repurchase program on Thursday, April 12th 2018, which authorizes the company to repurchase $12,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 12.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued. How were Broadcom's earnings last quarter? Broadcom Inc (NASDAQ:AVGO) announced its quarterly earnings data on Thursday, September, 6th. The semiconductor manufacturer reported $4.98 earnings per share for the quarter, beating analysts' consensus estimates of $4.82 by $0.16. The semiconductor manufacturer had revenue of $5.06 billion for the quarter, compared to analyst estimates of $5.06 billion. Broadcom had a return on equity of 28.54% and a net margin of 58.18%. The firm's quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the business earned $4.10 earnings per share. View Broadcom's Earnings History. When is Broadcom's next earnings date? Broadcom is scheduled to release their next quarterly earnings announcement on Wednesday, December, 5th 2018. View Earnings Estimates for Broadcom. What price target have analysts set for AVGO? 34 analysts have issued 12-month target prices for Broadcom's stock. Their forecasts range from $220.00 to $337.00. On average, they anticipate Broadcom's stock price to reach $291.9394 in the next year. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Broadcom. What is the consensus analysts' recommendation for Broadcom? 34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadcom in the last year. There are currently 7 hold ratings and 27 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Broadcom. What are Wall Street analysts saying about Broadcom stock? Here are some recent quotes from research analysts about Broadcom stock: 1. According to Zacks Investment Research, "Broadcom has put up modest third-quarter fiscal 2018 numbers, with bottom line surpassing the Zacks Consensus Estimate, but the top line matching the same. Notably, the company provided an encouraging fourth-quarter guidance. Broadcom is benefiting from strong demand of its wireless solutions and expanding product portfolio, which makes it well-positioned to address the needs of rapidly growing technologies like IoT and 5G. Strong ties with leading OEMs across multiple target markets will help the company to gain key insights into the requirements of customers. Nonetheless, the company faces intensifying competition and integration risks due to frequent acquisitions. The company’s leveraged balance sheet and customer concentration continue to be headwinds." (9/11/2018) 2. Mizuho analysts commented, "We believe investors should be taking a second look at AVGO. AVGO has underperformed the SOX but provides an attractive opportunity with a dominant market share, and a significant earnings and FCF machine AVGO reported an upside JulQ with 67.3% non-GAAP and guided to a stronger OctQ. With ~$6B in buybacks remaining, $8B+ of FCF, and a ~3%+ dividend yield, we believe AVGO is well positioned as it trades at <11x our conservative F19E EPS. Adjusting our estimates, reiterating our Buy and $280 PT."" (9/7/2018) 3. Rosenblatt Securities analysts commented, "We rate AVGO Buy and reiterate our $340 price target into the January quarter print on March 15th which we expect to be in-line. CFIUS involvement and the political climate in Washington do not bode well for the Qualcomm (QCOM: Neutral) deal but Broadcom wins regardless. Recall management last quarter raised long-term non-GAAP gross margin, operating margin, and FCF targets to 65%, 47.5%, and 40%, up from 60%, 45% and 35% respectively. Broadcom Ltd. (AVGO) Price Chart– 1 Yr Chart Source: Trading View Company Summary: Broadcom Limited designs, develops, and supplies semiconductors and integrated circuits. The Company offers products such as broadband carrier access, cables, switches, network processors, and wireless connectors. Broadcom markets its products around the world." (3/11/2018) Are investors shorting Broadcom? Broadcom saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 7,621,092 shares, a decline of 15.6% from the August 15th total of 9,028,050 shares. Based on an average daily volume of 3,006,621 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.8% of the shares of the company are sold short. View Broadcom's Current Options Chain. Who are some of Broadcom's key competitors? Some companies that are related to Broadcom include Taiwan Semiconductor Mfg. (TSM), Intel (INTC), NVIDIA (NVDA), Texas Instruments (TXN), Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), Advanced Micro Devices (AMD), Infineon Technologies (IFNNY), TOKYO ELECTRON/ADR (TOELY), Kyocera (KYOCY), Kyocera (KYO), Xilinx (XLNX) and Microchip Technology (MCHP). Who are Broadcom's key executives? Broadcom's management team includes the folowing people: Mr. Hock E. Tan, CEO, Pres & Exec. Director (Age 66)Mr. Thomas H. Krause Jr., CFO & Sec. (Age 40)Mr. Mark Brazeal, Chief Legal Officer (Age 50)Dr. Charlie B. Kawwas, Sr. VP & Chief Sales Officer (Age 47)Mr. Bryan T. Ingram, Sr. VP & GM of Wireless Semiconductor Division (Age 53) Who are Broadcom's major shareholders? Broadcom's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.96%), FMR LLC (2.64%), Jennison Associates LLC (1.33%), Northern Trust Corp (1.14%), Bank of New York Mellon Corp (1.08%) and Bank of New York Mellon Corp (1.08%). Company insiders that own Broadcom stock include Bryan Ingram, Charlie B Kawwas, Henry Samueli, Hock E Tan, Justine Lien, Kirsten M Spears, Lake (Offshore) Aiv Gp Silver, Lake Group LLC Silver, Lewis C Eggebrecht, Patricia H Mccall and Thomas H Krause. View Institutional Ownership Trends for Broadcom. Which major investors are selling Broadcom stock? AVGO stock was sold by a variety of institutional investors in the last quarter, including Factory Mutual Insurance Co., Marshall Wace LLP, Alpine Woods Capital Investors LLC, Piedmont Investment Advisors LLC, Chartwell Investment Partners LLC, TPG Group Holdings SBS Advisors Inc., Crosslink Capital Inc. and Sit Investment Associates Inc.. Company insiders that have sold Broadcom company stock in the last year include Bryan Ingram, Charlie B Kawwas, Hock E Tan, Kirsten M Spears and Thomas H Krause. View Insider Buying and Selling for Broadcom. Which major investors are buying Broadcom stock? AVGO stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Jennison Associates LLC, Northern Trust Corp, Bank of New York Mellon Corp, Bank of New York Mellon Corp, Janus Henderson Group PLC and Morgan Stanley. View Insider Buying and Selling for Broadcom. How do I buy shares of Broadcom? Shares of AVGO 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, Scottrade, Fidelity and Charles Schwab. What is Broadcom's stock price today? One share of AVGO stock can currently be purchased for approximately $248.88. How big of a company is Broadcom? Broadcom has a market capitalization of $102.58 billion and generates $17.64 billion in revenue each year. The semiconductor manufacturer earns $1.69 billion in net income (profit) each year or $14.30 on an earnings per share basis. Broadcom employs 14,000 workers across the globe. What is Broadcom's official website? The official website for Broadcom is http://www.broadcom.com. How can I contact Broadcom? Broadcom's mailing address is 1320 RIDDER PARK DRIVE, SAN JOSE CA, 95131. The semiconductor manufacturer can be reached via phone at 408-433-8000 or via email at [email protected] MarketBeat Community Rating for Broadcom (NASDAQ AVGO)Community Ranking: 3.7 out of 5 ( )Outperform Votes: 1,940 (Vote Outperform)Underperform Votes: 664 (Vote Underperform)Total Votes: 2,604MarketBeat's community ratings are surveys of what our community members think about Broadcom and other stocks. Vote "Outperform" if you believe AVGO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AVGO will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 9/24/2018 by MarketBeat.com StaffFeatured Article: How is a Moving Average Calculated?