NASDAQ:CSCO - Cisco Systems Stock Price, Forecast & News

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

Cisco Systems announced a quarterly dividend on Monday, December 9th. Stockholders of record on Friday, January 3rd will be given a dividend of $0.35 per share on Wednesday, January 22nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date of this dividend is Thursday, January 2nd. View Cisco Systems' Dividend History.

Cisco Systems declared that its board has initiated a share repurchase program on Wednesday, February 13th 2019, which permits the company to repurchase $15,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 6.5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

Cisco Systems, Inc. (NASDAQ:CSCO) announced its earnings results on Wednesday, November, 13th. The network equipment provider reported $0.84 EPS for the quarter, topping the consensus estimate of $0.81 by $0.03. The network equipment provider had revenue of $13.16 billion for the quarter, compared to analysts' expectations of $13.09 billion. Cisco Systems had a net margin of 21.15% and a return on equity of 35.01%. The company's revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.75 earnings per share. 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 issued an update on 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 EPS 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 1 year target prices for Cisco Systems' shares. Their forecasts range from $46.00 to $62.00. On average, they expect Cisco Systems' stock price to reach $54.91 in the next twelve months. This suggests a possible upside of 12.0% 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 trended positive on Monday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cisco Systems earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave headlines about the network equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Cisco Systems.

Cisco Systems saw a increase in short interest in 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 presently 1.8 days. Currently, 0.9% of the shares of the stock 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), F5 Networks (FFIV), Juniper Networks (JNPR), 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 many different of retail and institutional investors. Top institutional shareholders include PGGM Investments (0.06%), DNB Asset Management AS (0.05%), Gateway Investment Advisers LLC (0.05%), Nisa Investment Advisors LLC (0.04%), Calamos Advisors LLC (0.04%) and Hexavest Inc. (0.04%). 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, Meag Munich Ergo Kapitalanlagegesellschaft MBH, TIAA FSB, Chesley Taft & Associates LLC, Tocqueville Asset Management L.P. and State of Alaska Department of Revenue. 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 bought 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, Selz Capital LLC, Manning & Napier Group LLC and Private Capital Advisors Inc.. 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 $49.02.

Cisco Systems has a market capitalization of $207.96 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]