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. Investors of record on Friday, April 3rd will be paid a dividend of $0.36 per share on Wednesday, April 22nd. This represents a $1.44 dividend on an annualized basis and a yield of 3.07%. 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 declared that its board has initiated a stock buyback plan on Wednesday, February 13th 2019, which allows the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 6.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its stock is undervalued.

Cisco Systems, Inc. (NASDAQ:CSCO) issued its quarterly earnings results on Wednesday, February, 12th. The network equipment provider reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.76 by $0.01. The network equipment provider had revenue of $12 billion for the quarter, compared to the consensus estimate of $11.98 billion. Cisco Systems had a return on equity of 36.40% and a net margin of 21.44%. The firm's quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.73 EPS. 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 EPS guidance of $0.79-0.81 for the period, compared to the Thomson Reuters consensus EPS 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.

24 brokerages have issued 1 year target prices for Cisco Systems' shares. Their forecasts range from $45.00 to $62.00. On average, they expect Cisco Systems' share price to reach $54.62 in the next year. This suggests a possible upside of 16.3% from the stock's current price. View Analyst Price Targets for Cisco Systems.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cisco Systems in the last year. There are currently 9 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cisco Systems.

Media headlines about CSCO stock have trended somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cisco Systems earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news coverage about the network equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Cisco Systems.

Some companies that are related to Cisco Systems include QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), Juniper Networks (JNPR), F5 Networks (FFIV), 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), Pfizer (PFE), Verizon Communications (VZ), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE) and Johnson & Johnson (JNJ).

Cisco Systems' stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (4.42%), Bank of New York Mellon Corp (1.95%), FMR LLC (0.86%), Loomis Sayles & Co. L P (0.55%), Charles Schwab Investment Management Inc. (0.46%) and UBS Asset Management Americas Inc. (0.44%). Company insiders that own Cisco Systems stock include Arun Sarin, Charles Robbins, David Goeckeler, Irving Tan, Kelly A Kramer, M Michele Burns, 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, PGGM Investments, Robeco Institutional Asset Management B.V., Thrivent Financial for Lutherans, Prudential Financial Inc. and PNC Financial Services Group Inc.. Company insiders that have sold Cisco Systems company stock in the last year include Charles Robbins, David Goeckeler, Irving Tan, Kelly A Kramer, Mark D Chandler, Prat Bhatt, Roderick C Mcgeary and Steven M West. View Insider Buying and Selling for Cisco Systems.

CSCO stock was bought by a variety of institutional investors in the last quarter, including Franklin Resources Inc., FMR LLC, Parnassus Investments CA, M&G Investment Management Ltd., FIL Ltd, Acadian Asset Management LLC, Eaton Vance Management and Marshall Wace North America L.P.. 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 $46.97.

Cisco Systems has a market capitalization of $199.26 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]