What is Brocade Communications Systems' stock symbol?
Brocade Communications Systems trades on the NASDAQ under the ticker symbol "BRCD."
How often does Brocade Communications Systems pay dividends? What is the dividend yield for Brocade Communications Systems?
Brocade Communications Systems announced a quarterly dividend on Monday, November 21st. Investors of record on Monday, December 12th will be given a dividend of $0.055 per share on Wednesday, January 4th. This represents a $0.22 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, December 8th.
Where is Brocade Communications Systems' stock going? Where will Brocade Communications Systems' stock price be in 2017?
21 analysts have issued twelve-month price targets for Brocade Communications Systems' shares. Their predictions range from $9.00 to $13.00. On average, they expect Brocade Communications Systems' stock price to reach $10.88 in the next twelve months.
When will Brocade Communications Systems announce their earnings?
Brocade Communications Systems is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.
What are analysts saying about Brocade Communications Systems stock?
Here are some recent quotes from research analysts about Brocade Communications Systems stock:
According to Zacks Investment Research, "Brocade Communications Systems, Inc. delivers industry-leading platforms, solutions, and services for intelligently connecting, managing, and optimizing IT resources in shared storage environments. The world's premier systems, server, and storage providers offer the Brocade SilkWorm family of Storage Area Network connectivity platforms as the foundation for shared storage in organizations of all sizes. In addition, the Brocade Tapestry family of IT infrastructure solutions extends the ability to proactively manage and optimize application and information resources across the enterprise. Using Brocade solutions, organizations are better positioned to reduce cost, manage complexity, and satisfy business compliance requirements through optimized use and management of their IT resources. " (1/23/2017)
Robert W. Baird analysts commented, "We expect FC SAN to face prolonged challenges due to the deflationary effect of AFA, and the rise of alternative storage/computing architectures (e.g., Hyperconverged)." (11/22/2016)
Bank of America Corp analysts commented, "secular headwinds," but sees many "near term catalysts for the stock." In Llani's view, "The street is not accurately modeling the earnings potential of the Ruckus acquisition."Related Link: Wunderlich Downgrades Brocade, Spooked By Guidance He sees a potential 10 percent upside for the EPS once the deal closes. The company is also set to release multiple SAN and switching products, which will generate over 87 percent of product revenues. The analyst also sees headwinds easing in the future, as new relationships in the SDN and NFV markets form.The "key risk factor" for BRCD's "secular headwinds" (5/18/2016)
Who owns Brocade Communications Systems stock?
Brocade Communications Systems' stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (2.45%), Renaissance Technologies LLC (2.30%), Alpine Associates Management Inc. (1.69%), AQR Capital Management LLC (1.05%), Gardner Lewis Asset Management L P (0.99%) and Gabelli Funds LLC (0.45%). Company insiders that own Brocade Communications Systems stock include Daniel W Fairfax, Ellen Odonnell, Gale E England, John W Gerdelman, Judy Bruner, L William Krause, Lloyd Carney and Sanjay Vaswani.
Who sold Brocade Communications Systems stock? Who is selling Brocade Communications Systems stock?
Brocade Communications Systems' stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Credit Agricole S A, TCW Group Inc., Freestone Capital Holdings LLC, State Board of Administration of Florida Retirement System, Cadence Capital Management LLC, GSA Capital Partners LLP and Cantab Capital Partners LLP. Company insiders that have sold Brocade Communications Systems stock in the last year include Daniel W Fairfax, Ellen Odonnell, Gale E England and Lloyd Carney.
Who bought Brocade Communications Systems stock? Who is buying Brocade Communications Systems stock?
Brocade Communications Systems' stock was bought by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Gardner Lewis Asset Management L P, Renaissance Technologies LLC, Gabelli Funds LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Gamco Investors INC. ET AL, GABELLI & Co INVESTMENT ADVISERS INC. and Vertex One Asset Management Inc..
How do I buy Brocade Communications Systems stock?
Shares of Brocade Communications Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Brocade Communications Systems stock cost?
One share of Brocade Communications Systems stock can currently be purchased for approximately $12.35.