NASDAQ:CTXS - Citrix Systems Stock Price, Forecast & News

Citrix Systems trades on the NASDAQ under the ticker symbol "CTXS."

Citrix Systems declared a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Friday, December 6th will be given a dividend of $0.35 per share on Friday, December 20th. This represents a $1.40 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, December 5th. View Citrix Systems' Dividend History.

Citrix Systems declared that its Board of Directors has approved a stock buyback program on Wednesday, October 24th 2018, which allows the company to repurchase $750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

Citrix Systems, Inc. (NASDAQ:CTXS) announced its quarterly earnings results on Thursday, October, 24th. The cloud computing company reported $1.52 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.25 by $0.27. The cloud computing company earned $733 million during the quarter, compared to the consensus estimate of $715.05 million. Citrix Systems had a return on equity of 97.57% and a net margin of 21.33%. The firm's revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.40 EPS. View Citrix Systems' Earnings History.

Citrix Systems is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for Citrix Systems.

Citrix Systems issued an update on its FY20 earnings guidance on Thursday, October, 24th. The company provided EPS guidance of $5.25-5.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.15.

5 equities research analysts have issued 1 year price objectives for Citrix Systems' shares. Their forecasts range from $92.00 to $120.00. On average, they expect Citrix Systems' stock price to reach $103.80 in the next twelve months. This suggests that the stock has a possible downside of 5.2%. View Analyst Price Targets for Citrix Systems.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citrix Systems in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Citrix Systems.

News stories about CTXS stock have been trending somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Citrix Systems earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned news articles about the cloud computing company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Citrix Systems.

Citrix Systems saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 5,150,000 shares, an increase of 8.0% from the November 14th total of 4,770,000 shares. Based on an average daily trading volume, of 1,705,400 shares, the days-to-cover ratio is currently 3.0 days. Approximately 4.0% of the shares of the company are short sold. View Citrix Systems' Current Options Chain.

Some companies that are related to Citrix Systems include Adobe (ADBE), salesforce.com (CRM), Intuit (INTU), Autodesk (ADSK), Workday (WDAY), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), Guidewire Software (GWRE) and Aspen Technology (AZPN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Citrix Systems investors own include Intel (INTC), Netflix (NFLX), Micron Technology (MU), Express Scripts (ESRX), Tesla (TSLA), salesforce.com (CRM), Cisco Systems (CSCO), NVIDIA (NVDA), Boeing (BA) and JPMorgan Chase & Co. (JPM).

Citrix Systems' stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (4.19%), First Trust Advisors LP (2.93%), Man Group plc (1.70%), California Public Employees Retirement System (0.85%), Teacher Retirement System of Texas (0.62%) and Parametric Portfolio Associates LLC (0.48%). Company insiders that own Citrix Systems stock include David J Henshall, Jessica Soisson, Mark J Ferrer, Mark J Schmitz, Mark M Coyle, Matto Andrew H Del, Paul J Hough, Peter John Sacripanti, Robert Calderoni, Rotterdam Jeroen Van and Timothy A Minahan. View Institutional Ownership Trends for Citrix Systems.

CTXS stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Man Group plc, Teacher Retirement System of Texas, Artemis Investment Management LLP, Voya Investment Management LLC, Worldquant Millennium Advisors LLC, First Trust Advisors LP and Mackay Shields LLC. Company insiders that have sold Citrix Systems company stock in the last year include David J Henshall, Jessica Soisson, Mark J Ferrer, Mark J Schmitz, Matto Andrew H Del, Paul J Hough, Peter John Sacripanti, Robert Calderoni, Rotterdam Jeroen Van and Timothy A Minahan. View Insider Buying and Selling for Citrix Systems.

CTXS stock was purchased by a variety of institutional investors in the last quarter, including CDAM UK Ltd, Alberta Investment Management Corp, Phoenix Holdings Ltd., QV Investors Inc., Unigestion Holding SA, California Public Employees Retirement System, Voloridge Investment Management LLC and SG Americas Securities LLC. View Insider Buying and Selling for Citrix Systems.

Shares of CTXS 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 CTXS stock can currently be purchased for approximately $109.45.

Citrix Systems has a market capitalization of $14.25 billion and generates $2.97 billion in revenue each year. The cloud computing company earns $575.66 million in net income (profit) each year or $4.58 on an earnings per share basis. Citrix Systems employs 8,200 workers across the globe.View Additional Information About Citrix Systems.

The official website for Citrix Systems is http://www.citrix.com/.

Citrix Systems' mailing address is 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL, 33309. The cloud computing company can be reached via phone at 954-267-3000 or via email at [email protected]