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 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Thursday, December 5th. View Citrix Systems' Dividend History.

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

Citrix Systems, Inc. (NASDAQ:CTXS) released its quarterly earnings results on Thursday, October, 24th. The cloud computing company reported $1.52 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.25 by $0.27. The cloud computing company had revenue of $733 million for 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 company's revenue was up .0% compared to the same quarter last year. During the same quarter last year, the business earned $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 will be holding an earnings conference call on Wednesday, January 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

5 Wall Street analysts have issued 1-year price objectives for Citrix Systems' shares. Their forecasts range from $92.00 to $120.00. On average, they anticipate Citrix Systems' share price to reach $103.80 in the next year. This suggests that the stock has a possible downside of 11.4%. 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.

Media headlines about CTXS stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press 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 negative five to positive five, with scores closest to five being the most favorable. Citrix Systems earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave news stories about the cloud computing company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Citrix Systems.

Citrix Systems saw a decline in short interest during the month of December. As of December 13th, there was short interest totalling 4,050,000 shares, a decline of 21.4% from the November 28th total of 5,150,000 shares. Based on an average daily volume of 1,630,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 3.1% of the company's 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), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), SS&C Technologies (SSNC), Tyler Technologies (TYL), Fair Isaac (FICO), FactSet Research Systems (FDS), Aspen Technology (AZPN) and Guidewire Software (GWRE).

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), Express Scripts (ESRX), Cisco Systems (CSCO), salesforce.com (CRM), Boeing (BA) and Alibaba Group (BABA).

Citrix Systems' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include PGGM Investments (0.21%), Assenagon Asset Management S.A. (0.13%), Boston Trust Walden Corp (0.12%), Calamos Advisors LLC (0.05%), State of Alaska Department of Revenue (0.04%) and First National Bank of Omaha (0.04%). Company insiders that own Citrix Systems stock 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 Institutional Ownership Trends for Citrix Systems.

CTXS stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Commerzbank Aktiengesellschaft FI, Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, First National Bank of Omaha, IFP Advisors Inc and Calamos Advisors 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 and Rotterdam Jeroen Van. View Insider Buying and Selling for Citrix Systems.

CTXS stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Boston Trust Walden Corp, Cerebellum GP LLC, First Hawaiian Bank, Pennsylvania Trust Co, Zeke Capital Advisors LLC, IBM Retirement Fund and Coastline Trust Co. 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 $117.22.

Citrix Systems has a market capitalization of $15.26 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]