NASDAQ:KLAC - KLA Stock Price, Forecast & News

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

KLA announced a quarterly dividend on Wednesday, November 6th. Stockholders of record on Monday, November 18th will be paid 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 of this dividend is Friday, November 15th. This is a positive change from KLA's previous quarterly dividend of $0.75. View KLA's Dividend History.

KLA announced that its board has authorized a stock 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 reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

KLA Corporation (NASDAQ:KLAC) released its earnings results on Wednesday, October, 30th. The semiconductor company reported $2.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.20 by $0.28. The semiconductor company earned $1.41 billion during the quarter, compared to analysts' expectations of $1.35 billion. KLA had a return on equity of 54.53% and a net margin of 23.03%. The business's revenue for the quarter was up 29.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.46 EPS. 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 brokers have issued twelve-month 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 4.7%. 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 headlines about KLAC stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. KLA earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for KLA.

KLA saw a increase in short interest during 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 daily trading volume, of 1,270,000 shares, the short-interest ratio is presently 2.6 days. Approximately 2.1% of the shares of the 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), Cohu (COHU), Ultra Clean (UCTT), Photronics (PLAB), Nanometrics (NANO) 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), Home Depot (HD), Micron Technology (MU), Adobe (ADBE), AT&T (T) and Paypal (PYPL).

KLA's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.14%), Artemis Investment Management LLP (0.13%), Campbell Newman Asset Management Inc. (0.06%), OLD National Bancorp IN (0.06%), Commerzbank Aktiengesellschaft FI (0.05%) and Manning & Napier Group LLC (0.05%). 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, Decatur Capital Management Inc., Nisa Investment Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank, Meag Munich Ergo Kapitalanlagegesellschaft MBH and American 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 acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Commerzbank Aktiengesellschaft FI, Bridger Capital Management LLC, Ambassador Advisors LLC, Assenagon Asset Management S.A., Artemis Investment Management LLP, MorganRosel Wealth Management LLC and State of Alaska Department of Revenue. 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 $179.40.

KLA has a market capitalization of $28.31 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]