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

Cisco Systems declared that its board has authorized a share repurchase program on Thursday, February 15th 2018, which allows the company to repurchase $25,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are undervalued.

Cisco Systems, Inc. (NASDAQ:CSCO) announced its quarterly earnings results on Wednesday, May, 16th. The network equipment provider reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.01. The network equipment provider earned $12.46 billion during the quarter, compared to analysts' expectations 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 period in the previous year, the firm posted $0.60 earnings per share. 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 earnings per share 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 brokers have issued 1 year 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 $45.9643 in the next twelve months. View Analyst Ratings for Cisco Systems.

Cisco Systems saw a decrease in short interest in the month of May. As of May 31st, there was short interest totalling 47,425,601 shares, a decrease of 13.8% from the May 15th total of 55,045,211 shares. Based on an average daily volume of 25,015,363 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.0% of the shares of the stock 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), 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).

Media coverage about CSCO stock has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cisco Systems earned a coverage optimism score of 0.16 on Accern's scale. They also gave press coverage about the network equipment provider an impact score of 46.88 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Cisco Systems' stock is owned by many different of retail and institutional 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 acquired 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]