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

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

Citrix Systems announced a quarterly dividend on Friday, January 24th. Stockholders of record on Friday, March 6th will be given a dividend of $0.35 per share on Friday, March 20th. This represents a $1.40 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Thursday, March 5th. View Citrix Systems' Dividend History.

Citrix Systems declared that its board has authorized a stock buyback plan on Wednesday, October 24th 2018, which allows the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 5.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

Citrix Systems, Inc. (NASDAQ:CTXS) announced its quarterly earnings data on Wednesday, January, 22nd. The cloud computing company reported $1.71 EPS for the quarter, beating analysts' consensus estimates of $1.17 by $0.54. The cloud computing company had revenue of $810 million for the quarter, compared to the consensus estimate of $802.53 million. Citrix Systems had a return on equity of 84.34% and a net margin of 22.65%. Citrix Systems's revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.67 earnings per share. View Citrix Systems' Earnings History.

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

Citrix Systems updated its FY20 earnings guidance on Wednesday, January, 22nd. The company provided EPS guidance of $5.35-5.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.57. The company issued revenue guidance of $3.10-3.13 billion, compared to the consensus revenue estimate of $3.11 billion.

9 analysts have issued 12 month target prices for Citrix Systems' stock. Their forecasts range from $107.00 to $150.00. On average, they expect Citrix Systems' share price to reach $124.33 in the next year. This suggests a possible upside of 7.1% from the stock's current price. View Analyst Price Targets for Citrix Systems.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Citrix Systems in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Citrix Systems.

News headlines about CTXS stock have trended somewhat negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news 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. Citrix Systems earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave news headlines about the cloud computing company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Citrix Systems.

Citrix Systems saw a increase in short interest in January. As of January 31st, there was short interest totalling 4,780,000 shares, an increase of 13.3% from the January 15th total of 4,220,000 shares. Based on an average daily trading volume, of 1,550,000 shares, the days-to-cover ratio is currently 3.1 days. Currently, 3.7% of the shares of the stock 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 Netflix (NFLX), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Tesla (tsla), Cisco Systems (CSCO), salesforce.com (CRM), Express Scripts (ESRX), Alibaba Group (BABA) and Adobe (ADBE).

Citrix Systems' stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.50%), FMR LLC (3.28%), First Trust Advisors LP (2.32%), Bank of New York Mellon Corp (1.94%), Geode Capital Management LLC (1.64%) and Alliancebernstein L.P. (1.26%). Company insiders that own Citrix Systems stock include David J Henshall, Jessica Soisson, Mark J Ferrer, Mark J Schmitz, Matto Andrew H Del, Nanci Caldwell, 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 Credit Suisse AG, AJO LP, FMR LLC, Man Group plc, First Trust Advisors LP, DekaBank Deutsche Girozentrale, Geode Capital Management LLC and UBS Oconnor 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, Nanci Caldwell, 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 acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Renaissance Technologies LLC, Amundi Pioneer Asset Management Inc., State Street Corp, Acadian Asset Management LLC, Teacher Retirement System of Texas, UBS Asset Management Americas Inc. and Reinhart Partners Inc.. 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 $116.08.

Citrix Systems has a market capitalization of $14.20 billion and generates $3.01 billion in revenue each year. The cloud computing company earns $681.81 million in net income (profit) each year or $4.13 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]