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

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

Lam Research announced a quarterly dividend on Thursday, November 7th. Stockholders of record on Wednesday, December 11th will be paid a dividend of $1.15 per share on Wednesday, January 8th. This represents a $4.60 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Tuesday, December 10th. View Lam Research's Dividend History.

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

Lam Research Co. (NASDAQ:LRCX) released its quarterly earnings data on Wednesday, October, 23rd. The semiconductor company reported $3.18 EPS for the quarter, beating the Zacks' consensus estimate of $3.01 by $0.17. The semiconductor company earned $2.17 billion during the quarter, compared to the consensus estimate of $2.17 billion. Lam Research had a net margin of 22.38% and a return on equity of 43.11%. The firm's quarterly revenue was down 7.1% compared to the same quarter last year. During the same period last year, the firm posted $3.36 EPS. 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 equities research analysts have issued 12-month target prices for Lam Research's stock. Their forecasts range from $210.00 to $360.00. On average, they anticipate Lam Research's share price to reach $281.47 in the next twelve months. This suggests that the stock has a possible downside of 4.2%. 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 recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lam Research earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the semiconductor 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 near future. View News Stories for Lam Research.

Lam Research saw a decrease in short interest in January. As of January 15th, there was short interest totalling 5,270,000 shares, a decrease of 14.4% from the December 31st total of 6,160,000 shares. Based on an average daily trading volume, of 1,510,000 shares, the short-interest ratio is currently 3.5 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), Amkor Technology (AMKR), Brooks Automation (BRKS), Advanced Energy Industries (AEIS), FormFactor (FORM), Cohu (COHU), Nanometrics (NANO), Ultra Clean (UCTT), Photronics (PLAB) and Rudolph Technologies (RTEC).

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 New York State Teachers Retirement System (0.16%), 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%) and Zurcher Kantonalbank Zurich Cantonalbank (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, New York State Teachers Retirement System, Advisors Capital Management LLC and Nippon Life Global Investors Americas Inc.. 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 bought 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., Braun Stacey Associates Inc., TIAA FSB, Pensionfund DSM Netherlands, Nisa Investment Advisors LLC and Assenagon Asset Management S.A.. 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 $293.82.

Lam Research has a market capitalization of $42.63 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]