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 3.14%. The ex-dividend date is Thursday, July 5th. View Cisco Systems' Dividend History.

Cisco Systems announced that its board has authorized a share repurchase program on Thursday, February 15th 2018, which authorizes the company to repurchase $25,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally 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 earnings per share (EPS) 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 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 in the previous year, the company earned $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 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 equities research analysts have issued 12 month price objectives for Cisco Systems' stock. Their predictions range from $33.00 to $58.00. On average, they expect Cisco Systems' stock price to reach $46.4074 in the next twelve months. This suggests a possible upside of 10.5% 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 daily volume of 22,244,836 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.9% of the shares of the 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), 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).

Media headlines about CSCO stock have trended somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cisco Systems earned a daily sentiment score of 0.06 on Accern's scale. They also gave news coverage about the network equipment provider an impact score of 45.69 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 a number of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.37%), Bank of Montreal Can (0.27%), Swedbank (0.24%), Hexavest Inc. (0.09%), Retirement Systems of Alabama (0.09%) and NN Investment Partners Holdings N.V. (0.08%). 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, Miller Howard Investments Inc. NY, Bank of Montreal Can, Hartford Investment Management Co., Meag Munich Ergo Kapitalanlagegesellschaft MBH and Hamlin Capital Management 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 acquired by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Fisher Asset Management LLC, Pendal Group Ltd, RNC Capital Management LLC, Nikko Asset Management Americas Inc., Dalton Greiner Hartman Maher & Co., Calamos Advisors LLC and Cobiz Wealth 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 $42.01.

Cisco Systems has a market capitalization of $202.38 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]