NASDAQ:CSCO - Cisco Systems Stock Price, Price Target & More

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

Cisco Systems declared a quarterly dividend on Wednesday, May 30th. Shareholders of record on Friday, July 6th will be given a dividend of $0.33 per share on Wednesday, July 25th. This represents a $1.32 annualized dividend and a yield of 3.06%. The ex-dividend date of this dividend is Thursday, July 5th. View Cisco Systems' Dividend History.

Cisco Systems announced that its Board of Directors has initiated a stock repurchase plan on Thursday, February 15th 2018, which permits the company to buyback $25,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.

Cisco Systems, Inc. (NASDAQ:CSCO) announced its quarterly earnings data on Wednesday, May, 16th. The network equipment provider reported $0.66 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.65 by $0.01. The network equipment provider earned $12.46 billion during the quarter, compared to analyst estimates of $12.42 billion. Cisco Systems had a negative net margin of 2.61% and a positive return on equity of 19.48%. During the same quarter in the previous year, the firm earned $0.60 EPS. View Cisco Systems' Earnings History.

Cisco Systems is scheduled to release their next quarterly earnings announcement on Wednesday, August, 15th 2018. View Earnings Estimates for Cisco Systems.

Cisco Systems updated its fourth quarter earnings guidance on Wednesday, May, 16th. The company provided earnings per share guidance of $0.68-0.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.69. The company issued revenue guidance of +4-6% to ~$12.62-12.86 billion, compared to the consensus revenue estimate of $12.72 billion.

32 equities research analysts have issued 1-year target prices for Cisco Systems' shares. Their predictions range from $33.00 to $58.00. On average, they expect Cisco Systems' share price to reach $45.9643 in the next twelve months. View Analyst Ratings for Cisco Systems.

Cisco Systems saw a decline in short interest in May. As of May 31st, there was short interest totalling 47,425,601 shares, a decline of 13.8% from the May 15th total of 55,045,211 shares. Based on an average trading volume of 25,015,363 shares, the short-interest ratio is currently 1.9 days. Currently, 1.0% of the company's stock are short sold. View Cisco Systems' Current Options Chain.

Some companies that are related to Cisco Systems include IBM Common Stock (IBM), HP (HPQ), Hewlett Packard Enterprise (HPE), Arista Networks (ANET), Toshiba (TOSYY), F5 Networks (FFIV), Juniper Networks (JNPR), Electronics For Imaging (EFII), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Silicom (SILC), Allot Communications (ALLT), Lantronix (LTRX) and Xplore Technologies (XPLR).

News headlines about CSCO stock have trended somewhat negative on Sunday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cisco Systems earned a coverage optimism score of -0.18 on Accern's scale. They also assigned media headlines about the network equipment provider an impact score of 46.38 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Cisco Systems' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.04%), Northern Trust Corp (1.34%), Dimensional Fund Advisors LP (0.86%), Boston Partners (0.70%), Loomis Sayles & Co. L P (0.70%) and Franklin Resources Inc. (0.60%). Company insiders that own Cisco Systems stock include Arun Sarin, Carol Bartz, Charles Robbins, Chris Dedicoat, David Goeckeler, John L Hennessy, John T Chambers, Karen Walker, M Michele Burns, Mark D Chandler, Prat Bhatt, Rebecca Jacoby, Roderick C Mcgeary and Steven M West. View Institutional Ownership Trends for Cisco Systems.

CSCO stock was sold by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Artisan Partners Limited Partnership, Franklin Resources Inc., First Pacific Advisors LLC, Yacktman Asset Management LP, Amundi Pioneer Asset Management Inc., Burgundy Asset Management Ltd. and Schroder Investment Management Group. Company insiders that have sold Cisco Systems company stock in the last year include Arun Sarin, Charles Robbins, David Goeckeler, John T Chambers, Karen Walker, M Michele Burns, Mark D Chandler, Prat Bhatt, Rebecca Jacoby and Roderick C Mcgeary. View Insider Buying and Selling for Cisco Systems.

CSCO stock was purchased by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, SG Americas Securities LLC, BlackRock Inc., OppenheimerFunds Inc., Robeco Institutional Asset Management B.V., Mackay Shields LLC, Prudential Financial Inc. and ClariVest Asset Management 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, Scottrade, Fidelity and Charles Schwab.

One share of CSCO stock can currently be purchased for approximately $43.20.

Cisco Systems has a market capitalization of $207.92 billion and generates $48.01 billion in revenue each year. The network equipment provider earns $9.61 billion in net income (profit) each year or $2.15 on an earnings per share basis. Cisco Systems employs 72,900 workers across the globe.

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]