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. Stockholders 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 dividend yield of 2.87%. The ex-dividend date of this dividend is Thursday, January 2nd. View Cisco Systems' Dividend History.

Cisco Systems declared that its Board of Directors has authorized a stock buyback plan on Wednesday, February 13th 2019, which authorizes the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

Cisco Systems, Inc. (NASDAQ:CSCO) issued its earnings results on Wednesday, November, 13th. The network equipment provider reported $0.84 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.81 by $0.03. The network equipment provider had revenue of $13.16 billion for the quarter, compared to the consensus estimate 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 was up .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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 EPS guidance of $0.75-0.77 for the period, compared to the Thomson Reuters consensus 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 analysts have issued 12-month price targets for Cisco Systems' stock. Their forecasts range from $46.00 to $62.00. On average, they expect Cisco Systems' share price to reach $55.00 in the next twelve months. This suggests a possible upside of 12.6% 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.

Media stories about CSCO stock have been trending extremely negative on Sunday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cisco Systems earned a daily sentiment score of -4.5 on InfoTrie's scale. They also assigned media coverage about the network equipment provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely 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 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 trading volume of 19,600,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.9% of the company's shares 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), Juniper Networks (JNPR), F5 Networks (FFIV), 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), General Electric (GE), Micron Technology (MU), Alibaba Group (BABA) and Johnson & Johnson (JNJ).

Cisco Systems' stock is owned by a variety of of institutional and retail investors. Top institutional investors include New York State Teachers Retirement System (0.15%), PGGM Investments (0.06%), Strs Ohio (0.05%), Zurcher Kantonalbank Zurich Cantonalbank (0.05%), State of Michigan Retirement System (0.05%) and DNB Asset Management AS (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, Atalanta Sosnoff Capital LLC, KAMES CAPITAL plc, Ferguson Wellman Capital Management Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH and TIAA FSB. 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 Johanson Financial Advisors Inc., DNB Asset Management AS, Artemis Investment Management LLP, Metropolis Capital Ltd, Advisors Capital Management LLC, State of Michigan Retirement System, First American Bank and Selz Capital 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 $48.85.

Cisco Systems has a market capitalization of $207.23 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]