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 Monday, December 9th. Shareholders of record on Friday, January 3rd will be paid a dividend of $0.35 per share on Wednesday, January 22nd. This represents a $1.40 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Thursday, January 2nd. View Cisco Systems' Dividend History.

Cisco Systems announced that its Board of Directors has approved a share repurchase plan on Wednesday, February 13th 2019, which permits the company to buyback $15,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

Cisco Systems, Inc. (NASDAQ:CSCO) issued its quarterly earnings data on Wednesday, November, 13th. The network equipment provider reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.03. The network equipment provider had revenue of $13.16 billion for the quarter, compared to analysts' expectations of $13.09 billion. Cisco Systems had a return on equity of 35.01% and a net margin of 21.15%. The company's revenue for the quarter was up .7% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 EPS. View Cisco Systems' Earnings History.

Cisco Systems is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Cisco Systems.

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

Cisco Systems updated its second quarter 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $0.75-0.77 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.79. The company issued revenue guidance of $$11.824-12.073 billion, compared to the consensus revenue estimate of $$12.77 billion.

24 Wall Street analysts have issued 1 year price objectives for Cisco Systems' stock. Their forecasts range from $46.00 to $62.00. On average, they anticipate Cisco Systems' share price to reach $55.00 in the next year. This suggests a possible upside of 15.1% 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 10 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cisco Systems.

News headlines about CSCO stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cisco Systems earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave news coverage about the network equipment provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near term. View News Stories for Cisco Systems.

Cisco Systems saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 36,230,000 shares, an increase of 8.8% from the December 15th total of 33,300,000 shares. Based on an average daily volume of 19,600,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.9% of the shares of the company are short sold. 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), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR), Comtech Telecomm. (CMTL) and NetGear (NTGR).

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 institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.36%), New York State Teachers Retirement System (0.15%), M&G Investment Management Ltd. (0.09%), Retirement Systems of Alabama (0.07%), PGGM Investments (0.06%) and Strs Ohio (0.05%). 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 PGGM Investments, Commerzbank Aktiengesellschaft FI, Wedge Capital Management L L P NC, Clark Capital Management Group Inc., California Public Employees Retirement System, Atalanta Sosnoff Capital LLC, KAMES CAPITAL plc and Ferguson Wellman Capital Management 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 purchased by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., Johanson Financial Advisors Inc., DNB Asset Management AS, Artemis Investment Management LLP, Metropolis Capital Ltd, Advisors Capital Management LLC, State of Michigan Retirement System and SG Americas Securities LLC. 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 $47.77.

Cisco Systems has a market capitalization of $202.65 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]