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 paid 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 1.57%. The ex-dividend date is Tuesday, December 10th. View Lam Research's Dividend History.

Lam Research declared that its board has authorized a share repurchase plan on Wednesday, January 23rd 2019, which permits the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 23% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

Lam Research Co. (NASDAQ:LRCX) announced its quarterly earnings data on Wednesday, October, 23rd. The semiconductor company reported $3.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.01 by $0.17. The semiconductor company earned $2.17 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the business earned $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 brokerages 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 stock price to reach $281.47 in the next year. 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.

Media coverage about LRCX stock has been trending somewhat positive on Tuesday, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing 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 positive five, with scores closest to five being the most favorable. Lam Research earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Lam Research.

Lam Research saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 5,270,000 shares, a drop of 14.4% from the December 31st total of 6,160,000 shares. Based on an average daily volume of 1,510,000 shares, the days-to-cover ratio is currently 3.5 days. Approximately 3.7% of the shares of the company 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), Ultra Clean (UCTT), Photronics (PLAB), Rudolph Technologies (RTEC) 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 investors include California Public Employees Retirement System (0.25%), 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%) and Clark Capital Management Group Inc. (0.07%). 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, Deroy & Devereaux Private Investment Counsel Inc., California Public Employees Retirement System, Commerzbank Aktiengesellschaft FI, Reilly Financial Advisors LLC, DNB Asset Management AS, United Services Automobile Association and New York State Teachers Retirement System. 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, Virginia Retirement Systems ET AL, Clark Capital Management Group Inc. and Pensionfund DSM Netherlands. 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 $293.79.

Lam Research has a market capitalization of $42.62 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]