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. Shareholders 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 yield of 1.54%. The ex-dividend date is Tuesday, December 10th. View Lam Research's Dividend History.

Lam Research announced that its Board of Directors has approved a share repurchase plan 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 buy up to 23% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its shares are undervalued.

Lam Research Co. (NASDAQ:LRCX) posted its quarterly earnings data on Wednesday, October, 23rd. The semiconductor company reported $3.18 EPS for the quarter, topping 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 firm's revenue for the quarter was down 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm 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.

21 brokers have issued 12-month price objectives for Lam Research's shares. Their forecasts range from $210.00 to $360.00. On average, they expect Lam Research's stock price to reach $281.47 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. 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 headlines about LRCX stock have trended negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lam Research earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Lam Research.

Lam Research saw a decline in short interest in January. As of January 15th, there was short interest totalling 5,270,000 shares, a decline 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 short-interest ratio is presently 3.5 days. Approximately 3.7% of the company's shares are sold short. 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 Nanometrics (NANO).

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 a variety of of retail and institutional investors. Top institutional shareholders 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., M&G Investment Management Ltd., TIAA FSB, Virginia Retirement Systems ET AL and Clark Capital Management Group Inc.. 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 $299.32.

Lam Research has a market capitalization of $43.43 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]