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

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

Cisco Systems announced 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 3.16%. 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 share 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 purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its shares are undervalued.

Cisco Systems, Inc. (NASDAQ:CSCO) issued its earnings results on Wednesday, May, 16th. The network equipment provider reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.01. The network equipment provider had revenue of $12.46 billion for the quarter, compared to analysts' expectations of $12.42 billion. Cisco Systems had a positive return on equity of 19.48% and a negative net margin of 2.61%. During the same quarter last year, the firm posted $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 (EPS) 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.

31 Wall Street analysts have issued twelve-month price targets for Cisco Systems' stock. Their predictions range from $33.00 to $58.00. On average, they anticipate Cisco Systems' share price to reach $46.4815 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View Analyst Ratings for Cisco Systems.

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cisco Systems in the last year. There are currently 8 hold ratings, 22 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

Cisco Systems saw a decline in short interest in June. As of June 29th, there was short interest totalling 40,144,702 shares, a decline of 21.9% from the June 15th total of 51,399,602 shares. Based on an average trading volume of 22,244,836 shares, the days-to-cover ratio is presently 1.8 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 IBM Common Stock (IBM), HP (HPQ), Hewlett Packard Enterprise (HPE), Toshiba (TOSYY), Arista Networks (ANET), F5 Networks (FFIV), Juniper Networks (JNPR), Electronics For Imaging (EFII), Extreme Networks (EXTR), A10 Networks (ATEN), Digi International (DGII), Silicom (SILC), Allot Communications (ALLT), Xplore Technologies (XPLR) and Lantronix (LTRX).

News stories about CSCO stock have trended somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cisco Systems earned a news impact score of 0.13 on Accern's scale. They also assigned headlines about the network equipment provider an impact score of 47.06 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Cisco Systems' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (0.37%), Swedbank (0.24%), Hexavest Inc. (0.09%), NN Investment Partners Holdings N.V. (0.08%), Gateway Investment Advisers LLC (0.05%) and Hamlin Capital Management LLC (0.05%). 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 DnB Asset Management AS, KAMES CAPITAL plc, Swedbank, Hamlin Capital Management LLC, Manning & Napier Group LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, Livforsakringsbolaget Skandia Omsesidigt and Gateway Investment Advisers LLC. 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 Fisher Asset Management LLC, Dalton Greiner Hartman Maher & Co., Cobiz Wealth LLC, State of Alaska Department of Revenue, CHURCHILL MANAGEMENT Corp, Hexavest Inc., IFM Investors Pty Ltd and NN Investment Partners Holdings N.V.. 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 $41.78.

Cisco Systems has a market capitalization of $201.28 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]