NASDAQ:CSCO - Cisco Systems Stock Price, Forecast & News

Cisco Systems trades on the NASDAQ under the ticker symbol "CSCO."

Cisco Systems declared a quarterly dividend on Wednesday, February 12th. Shareholders of record on Friday, April 3rd will be given a dividend of $0.36 per share on Wednesday, April 22nd. This represents a $1.44 annualized dividend and a dividend yield of 3.61%. The ex-dividend date is Thursday, April 2nd. This is a boost from Cisco Systems's previous quarterly dividend of $0.35. View Cisco Systems' Dividend History.

Cisco Systems announced that its board has approved a stock buyback plan on Wednesday, February 13th 2019, which permits the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

Cisco Systems, Inc. (NASDAQ:CSCO) announced its quarterly earnings data on Wednesday, February, 12th. The network equipment provider reported $0.77 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.76 by $0.01. The network equipment provider had revenue of $12 billion for the quarter, compared to analysts' expectations of $11.98 billion. Cisco Systems had a return on equity of 36.40% and a net margin of 21.44%. The business's revenue was down 3.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.73 earnings per share. View Cisco Systems' Earnings History.

Cisco Systems is scheduled to release their next quarterly earnings announcement on Wednesday, May 20th 2020. View Earnings Estimates for Cisco Systems.

Cisco Systems updated its third quarter earnings guidance on Wednesday, February, 12th. The company provided earnings per share guidance of $0.79-0.81 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.80. The company issued revenue guidance of decline 1.5-3.5% to $12.50-12.76 billion, compared to the consensus revenue estimate of $12.62 billion.

25 equities research analysts have issued twelve-month price targets for Cisco Systems' stock. Their forecasts range from $45.00 to $62.00. On average, they anticipate Cisco Systems' share price to reach $54.62 in the next year. This suggests a possible upside of 36.8% from the stock's current price. View Analyst Price Targets for Cisco Systems.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cisco Systems in the last year. There are currently 9 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cisco Systems.

News headlines about CSCO stock have been trending extremely negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing 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 nearest to five being the most favorable. Cisco Systems earned a coverage optimism score of -4.5 on InfoTrie's scale. They also gave press coverage about the network equipment provider a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Cisco Systems.

Cisco Systems saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 37,310,000 shares, an increase of 5.2% from the January 30th total of 35,480,000 shares. Based on an average daily volume of 19,770,000 shares, the short-interest ratio is currently 1.9 days. Currently, 0.9% of the shares of the company are sold short. View Cisco Systems' Current Options Chain.

Some companies that are related to Cisco Systems include QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Echostar (SATS), ViaSat (VSAT), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Comtech Telecomm. (CMTL), Extreme Networks (EXTR), NetGear (NTGR) and Harmonic (HLIT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cisco Systems investors own include Intel (INTC), AT&T (T), NVIDIA (NVDA), Walt Disney (DIS), Verizon Communications (VZ), Pfizer (PFE), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE) and Johnson & Johnson (JNJ).

Cisco Systems' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (4.42%), Bank of New York Mellon Corp (1.95%), Geode Capital Management LLC (1.45%), FMR LLC (0.86%), Loomis Sayles & Co. L P (0.55%) and Charles Schwab Investment Management Inc. (0.46%). Company insiders that own Cisco Systems stock include Charles Robbins, David Goeckeler, Irving Tan, Kelly A Kramer, M Michele Burns, Maria Martinez, Mark D Chandler, Prat Bhatt, Roderick C Mcgeary, Steven M West and Wesley G Bush. View Institutional Ownership Trends for Cisco Systems.

CSCO stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Massachusetts Financial Services Co. MA, AQR Capital Management LLC, Alliancebernstein L.P., PGGM Investments, Robeco Institutional Asset Management B.V., Thrivent Financial for Lutherans and Prudential Financial Inc.. Company insiders that have sold Cisco Systems company stock in the last year include Charles Robbins, David Goeckeler, Irving Tan, Kelly A Kramer, Maria Martinez, Mark D Chandler, Prat Bhatt and Steven M West. View Insider Buying and Selling for Cisco Systems.

CSCO stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., FMR LLC, Parnassus Investments CA, M&G Investment Management Ltd., Macquarie Group Ltd., FIL Ltd, Acadian Asset Management LLC and Eaton Vance Management. View Insider Buying and Selling for Cisco Systems.

Shares of CSCO 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 CSCO stock can currently be purchased for approximately $39.93.

Cisco Systems has a market capitalization of $169.34 billion and generates $51.90 billion in revenue each year. The network equipment provider earns $11.62 billion in net income (profit) each year or $2.85 on an earnings per share basis. Cisco Systems employs 75,900 workers across the globe.View Additional Information About Cisco Systems.

The official website for Cisco Systems is http://www.cisco.com/.

Cisco Systems' mailing address is 170 WEST TASMAN DRIVE, SAN JOSE CA, 95134. The network equipment provider can be reached via phone at 408-526-4000 or via email at [email protected]