NASDAQ:LRCX - Lam Research Stock Price, Forecast & News

Lam Research trades on the NASDAQ under the ticker symbol "LRCX."

Lam Research declared a quarterly dividend on Thursday, November 7th. Investors of record on Wednesday, December 11th will be given a dividend of $1.15 per share on Wednesday, January 8th. This represents a $4.60 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend is Tuesday, December 10th. View Lam Research's Dividend History.

Lam Research announced that its board has initiated a stock repurchase program on Wednesday, January 23rd 2019, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 23% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its stock is undervalued.

Lam Research Co. (NASDAQ:LRCX) announced its quarterly earnings results on Wednesday, October, 23rd. The semiconductor company reported $3.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.01 by $0.17. The semiconductor company earned $2.17 billion during the quarter, compared to analyst estimates of $2.17 billion. Lam Research had a net margin of 22.38% and a return on equity of 43.11%. The company's quarterly revenue was down 7.1% on a year-over-year basis. During the same period last year, the company posted $3.36 earnings per share. View Lam Research's Earnings History.

Lam Research is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Lam Research.

Lam Research will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

21 Wall Street analysts have issued 1-year target prices for Lam Research's shares. Their forecasts range from $195.00 to $360.00. On average, they anticipate Lam Research's share price to reach $274.89 in the next twelve months. This suggests that the stock has a possible downside of 11.7%. View Analyst Price Targets for Lam Research.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lam Research in the last year. There are currently 1 sell rating, 9 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lam Research.

News stories about LRCX stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring 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. Lam Research earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Lam Research.

Lam Research saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 5,270,000 shares, a decrease of 14.4% from the December 15th total of 6,160,000 shares. Based on an average daily trading volume, of 1,530,000 shares, the days-to-cover ratio is currently 3.4 days. Approximately 3.7% of the shares of the stock are short sold. View Lam Research's Current Options Chain.

Some companies that are related to Lam Research include Applied Materials (AMAT), KLA (KLAC), 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 Xperi (XPER).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lam Research investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Applied Materials (AMAT), Netflix (NFLX), Broadcom (AVGO), Intel (INTC), Boeing (BA), Adobe (ADBE) and Cisco Systems (CSCO).

Lam Research's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.11%), Artemis Investment Management LLP (0.11%), Johanson Financial Advisors Inc. (0.09%), Scout Investments Inc. (0.07%), Zurcher Kantonalbank Zurich Cantonalbank (0.06%) and Advisors Capital Management LLC (0.06%). Company insiders that own Lam Research stock include Abhijit Y Talwalkar, Christine Heckart, Douglas R Bettinger, Kevin Jennings, Martin B Anstice, Patrick J Lord, Richard A Gottscho, Sarah A O'dowd, Scott Gerald Meikle, Seshasayee Varadarajan, Timothy Archer and Vahid Vahedi. View Institutional Ownership Trends for Lam Research.

LRCX stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Commerzbank Aktiengesellschaft FI, Reilly Financial Advisors LLC, DNB Asset Management AS, United Services Automobile Association, Advisors Capital Management LLC, Gateway Investment Advisers LLC and Meag Munich Ergo Kapitalanlagegesellschaft MBH. Company insiders that have sold Lam Research company stock in the last year include Abhijit Y Talwalkar, Christine Heckart, Douglas R Bettinger, Kevin Jennings, Patrick J Lord, Richard A Gottscho, Sarah A O'dowd, Scott Gerald Meikle, Seshasayee Varadarajan, Timothy Archer and Vahid Vahedi. View Insider Buying and Selling for Lam Research.

LRCX stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Johanson Financial Advisors Inc., Scout Investments Inc., TIAA FSB, Pensionfund DSM Netherlands, Nisa Investment Advisors LLC, Assenagon Asset Management S.A. and Bowling Portfolio Management LLC. View Insider Buying and Selling for Lam Research.

Shares of LRCX 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 LRCX stock can currently be purchased for approximately $311.34.

Lam Research has a market capitalization of $45.17 billion and generates $9.65 billion in revenue each year. The semiconductor company earns $2.19 billion in net income (profit) each year or $14.55 on an earnings per share basis. Lam Research employs 10,700 workers across the globe.View Additional Information About Lam Research.

The official website for Lam Research is http://www.lamresearch.com/.

Lam Research's mailing address is 4650 Cushing Parkway, Fremont CA, 94538. The semiconductor company can be reached via phone at 510-572-0200 or via email at [email protected]