NASDAQ:KLAC - KLA Stock Price, Forecast & News

KLA trades on the NASDAQ under the ticker symbol "KLAC."

KLA declared a quarterly dividend on Wednesday, November 6th. Stockholders of record on Monday, November 18th will be given a dividend of $0.85 per share on Tuesday, December 3rd. This represents a $3.40 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Friday, November 15th. This is an increase from KLA's previous quarterly dividend of $0.75. View KLA's Dividend History.

KLA declared that its Board of Directors has initiated a share buyback program on Tuesday, March 20th 2018, which authorizes the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

KLA Corporation (NASDAQ:KLAC) issued its earnings results on Wednesday, October, 30th. The semiconductor company reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.28. The semiconductor company earned $1.41 billion during the quarter, compared to analyst estimates of $1.35 billion. KLA had a return on equity of 54.53% and a net margin of 23.03%. The company's revenue was up 29.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.46 earnings per share. View KLA's Earnings History.

KLA is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for KLA.

KLA will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

14 equities research analysts have issued 1 year price targets for KLA's shares. Their forecasts range from $130.00 to $215.00. On average, they expect KLA's stock price to reach $171.00 in the next year. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets for KLA.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KLA in the last year. There are currently 2 sell ratings, 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for KLA.

News articles about KLAC stock have been trending positive this week, InfoTrie reports. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. KLA earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned news stories about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for KLA.

KLA saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,260,000 shares, an increase of 16.4% from the December 15th total of 2,800,000 shares. Based on an average trading volume of 1,270,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 2.1% of the company's stock are sold short. View KLA's Current Options Chain.

Some companies that are related to KLA include Applied Materials (AMAT), Lam Research (LRCX), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Brooks Automation (BRKS), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Photronics (PLAB), Ultra Clean (UCTT), Cohu (COHU), Xperi (XPER) and Rudolph Technologies (RTEC).

Based on aggregate information from My MarketBeat watchlists, some companies that other KLA investors own include NVIDIA (NVDA), Lam Research (LRCX), Applied Materials (AMAT), Alibaba Group (BABA), salesforce.com (CRM), Adobe (ADBE), Home Depot (HD), Micron Technology (MU), AT&T (T) and Intel (INTC).

KLA's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.14%), Artemis Investment Management LLP (0.13%), OLD National Bancorp IN (0.06%), Manning & Napier Group LLC (0.05%), State of Alaska Department of Revenue (0.05%) and Advisors Capital Management LLC (0.03%). Company insiders that own KLA stock include Ahmad A Khan, Amichai Steimberg, Bren D Higgins, Brian Lorig, Brian M Trafas, Emiko Higashi, Kevin Kennedy, Richard P Wallace, Teri A Little and Virendra A Kirloskar. View Institutional Ownership Trends for KLA.

KLAC stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Advisors Capital Management LLC, DNB Asset Management AS, Nisa Investment Advisors LLC, American National Bank, Cullinan Associates Inc., Ridgewood Investments LLC and Huntington National Bank. Company insiders that have sold KLA company stock in the last year include Ahmad A Khan, Amichai Steimberg, Bren D Higgins, Brian Lorig, Brian M Trafas, Emiko Higashi, Kevin Kennedy, Teri A Little and Virendra A Kirloskar. View Insider Buying and Selling for KLA.

KLAC stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Assenagon Asset Management S.A., Artemis Investment Management LLP, MorganRosel Wealth Management LLC, State of Alaska Department of Revenue, PFG Advisors, Manning & Napier Group LLC and Cooper Financial Group. View Insider Buying and Selling for KLA.

Shares of KLAC 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 KLAC stock can currently be purchased for approximately $178.69.

KLA has a market capitalization of $28.20 billion and generates $4.57 billion in revenue each year. The semiconductor company earns $1.18 billion in net income (profit) each year or $8.46 on an earnings per share basis. KLA employs 10,020 workers across the globe.View Additional Information About KLA.

The official website for KLA is http://www.kla.com/.

KLA's mailing address is ONE TECHNOLOGY DRIVE, MILPITAS CA, 95035. The semiconductor company can be reached via phone at 408-875-3000 or via email at [email protected]