Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a range of storage products, including hard disk drive (HDD) and solid-state drive controllers, as well as preamplifiers; supports a variety of host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, and non-volatile memory express; and develops software-enabled silicon solutions comprising SATA port multipliers, bridges, SATA, SAS, and non-volatile memory express redundant array of independent disks controllers and converged storage processors for enterprises, data centers, and cloud computing businesses.
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Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Phone441-296-6395
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.87 billion
Profitability
Miscellaneous
Employees5,275
Next Earnings Date3/5/2020 (Estimated)
OptionableOptionable
Marvell Technology Group (NASDAQ:MRVL) Frequently Asked Questions
What is Marvell Technology Group's stock symbol?
Marvell Technology Group trades on the NASDAQ under the ticker symbol "MRVL."
How often does Marvell Technology Group pay dividends? What is the dividend yield for Marvell Technology Group?
Marvell Technology Group announced a quarterly dividend on Friday, December 6th. Shareholders of record on Thursday, December 26th will be paid a dividend of $0.06 per share on Thursday, January 16th. This represents a $0.24 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend is Tuesday, December 24th. View Marvell Technology Group's Dividend History.
How will Marvell Technology Group's stock buyback program work?
Marvell Technology Group announced that its board has approved a share buyback plan on Tuesday, October 16th 2018, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.
How were Marvell Technology Group's earnings last quarter?
Marvell Technology Group Ltd. (NASDAQ:MRVL) released its earnings results on Tuesday, December, 3rd. The semiconductor company reported $0.17 EPS for the quarter, meeting analysts' consensus estimates of $0.17. The semiconductor company earned $662 million during the quarter, compared to the consensus estimate of $660.94 million. Marvell Technology Group had a positive return on equity of 3.59% and a negative net margin of 16.47%. The company's revenue for the quarter was down 22.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 earnings per share. View Marvell Technology Group's Earnings History.
When is Marvell Technology Group's next earnings date?
What guidance has Marvell Technology Group issued on next quarter's earnings?
Marvell Technology Group updated its fourth quarter earnings guidance on Tuesday, December, 3rd. The company provided earnings per share guidance of $0.15-$0.19 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21. The company issued revenue guidance of $727.5-$772.5 million, compared to the consensus revenue estimate of $695.87 million.
What price target have analysts set for MRVL?
24 Wall Street analysts have issued 1 year price objectives for Marvell Technology Group's stock. Their forecasts range from $24.00 to $32.00. On average, they anticipate Marvell Technology Group's share price to reach $28.41 in the next year. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for Marvell Technology Group.
What is the consensus analysts' recommendation for Marvell Technology Group?
24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marvell Technology Group in the last year. There are currently 4 hold ratings and 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marvell Technology Group.
Has Marvell Technology Group been receiving favorable news coverage?
News articles about MRVL stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Marvell Technology Group earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news articles about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Marvell Technology Group.
Who are some of Marvell Technology Group's key competitors?
Some companies that are related to Marvell Technology Group include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), First Solar (FSLR), Cree (CREE) and Silicon Laboratories (SLAB).
What other stocks do shareholders of Marvell Technology Group own?
Who are Marvell Technology Group's key executives?
Marvell Technology Group's management team includes the folowing people:
- Mr. Matthew J. Murphy, Pres, CEO & Director (Age 46)
- Ms. Jean Hu, Chief Financial Officer (Age 56)
- Mr. Neil Y. Kim, Exec. VP & CTO (Age 60)
- Mr. Mitchell Lee Gaynor, Exec. VP, Chief Admin. & Legal Officer and Sec. (Age 59)
- Mr. Thomas F. Lagatta, Exec. VP of Worldwide Sales & Marketing (Age 61)
Who are Marvell Technology Group's major shareholders?
Marvell Technology Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.40%), Scout Investments Inc. (0.13%), Calamos Advisors LLC (0.06%), State of Alaska Department of Revenue (0.04%), Gateway Investment Advisers LLC (0.04%) and Calamos Wealth Management LLC (0.02%). Company insiders that own Marvell Technology Group stock include Andrew Micallef, Dan Christman, Jean X Hu, Marvell Semiconductor, Inc Ca, Matthew J Murphy, Michael G Strachan, Mitchell Gaynor, Oleg Khaykin, Syed Ali and Willem A Meintjes. View Institutional Ownership Trends for Marvell Technology Group.
Which major investors are selling Marvell Technology Group stock?
MRVL stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, IFM Investors Pty Ltd and Winfield Associates Inc.. Company insiders that have sold Marvell Technology Group company stock in the last year include Andrew Micallef, Dan Christman, Jean X Hu, Matthew J Murphy, Michael G Strachan, Mitchell Gaynor, Oleg Khaykin and Willem A Meintjes. View Insider Buying and Selling for Marvell Technology Group.
Which major investors are buying Marvell Technology Group stock?
MRVL stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Calamos Advisors LLC, Three Peaks Capital Management LLC, Red Spruce Capital LLC, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Eidelman Virant Capital and First Hawaiian Bank. Company insiders that have bought Marvell Technology Group stock in the last two years include Jean X Hu and Michael G Strachan. View Insider Buying and Selling for Marvell Technology Group.
How do I buy shares of Marvell Technology Group?
Shares of MRVL 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.
What is Marvell Technology Group's stock price today?
One share of MRVL stock can currently be purchased for approximately $28.46.
How big of a company is Marvell Technology Group?
Marvell Technology Group has a market capitalization of $19.09 billion and generates $2.87 billion in revenue each year. The semiconductor company earns $-179,090,000.00 in net income (profit) each year or $0.85 on an earnings per share basis. Marvell Technology Group employs 5,275 workers across the globe.View Additional Information About Marvell Technology Group.
What is Marvell Technology Group's official website?
How can I contact Marvell Technology Group?
Marvell Technology Group's mailing address is 22 VICTORIA STREET, HAMILTON D0, HM 12. The semiconductor company can be reached via phone at 441-296-6395 or via email at [email protected]
MarketBeat Community Rating for Marvell Technology Group (NASDAQ MRVL)
MarketBeat's community ratings are surveys of what our community members think about Marvell Technology Group and other stocks. Vote "Outperform" if you believe MRVL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRVL will underperform the S&P 500 over the long term. You may vote once every thirty days.
