NASDAQ:MXIM - Maxim Integrated Products Stock Price, News, & Analysis

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$53.61 +0.90 (+1.71 %)
(As of 01/21/2019 02:25 AM ET)
Previous Close$53.61
Today's Range$52.50 - $53.75
52-Week Range$46.64 - $74.94
Volume1.97 million shs
Average Volume2.32 million shs
Market Capitalization$14.85 billion
P/E Ratio19.78
Dividend Yield3.43%
Beta1.31
Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits in the United States, China, the rest of Asia, Europe, and internationally. The company also provides a range of high-frequency process technologies and capabilities for use in custom designs. It serves automotive, communications and data center, computing, consumer, and industrial markets. The company markets its products through a direct-sales and applications organization, as well as through its own and other unaffiliated distribution channels. Maxim Integrated Products, Inc. was founded in 1983 and is headquartered in San Jose, California.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Current SymbolNASDAQ:MXIM
CUSIP57772K10
Phone408-601-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.48 billion
Cash Flow$3.2890 per share
Book Value$6.90 per share

Profitability

Net Income$467.31 million

Miscellaneous

Employees7,149
Market Cap$14.85 billion
OptionableOptionable

Maxim Integrated Products (NASDAQ:MXIM) Frequently Asked Questions

What is Maxim Integrated Products' stock symbol?

Maxim Integrated Products trades on the NASDAQ under the ticker symbol "MXIM."

How often does Maxim Integrated Products pay dividends? What is the dividend yield for Maxim Integrated Products?

Maxim Integrated Products announced a quarterly dividend on Tuesday, October 30th. Stockholders of record on Thursday, November 29th will be paid a dividend of $0.46 per share on Thursday, December 13th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date of this dividend is Wednesday, November 28th. View Maxim Integrated Products' Dividend History.

How will Maxim Integrated Products' stock buyback program work?

Maxim Integrated Products announced that its Board of Directors has authorized a share repurchase program on Friday, July 21st 2017, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 7.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

How were Maxim Integrated Products' earnings last quarter?

Maxim Integrated Products Inc. (NASDAQ:MXIM) released its quarterly earnings results on Tuesday, October, 30th. The semiconductor company reported $0.75 earnings per share for the quarter, hitting analysts' consensus estimates of $0.75. The semiconductor company earned $638.50 million during the quarter, compared to analysts' expectations of $635.19 million. Maxim Integrated Products had a return on equity of 41.83% and a net margin of 20.06%. The company's quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.60 earnings per share. View Maxim Integrated Products' Earnings History.

When is Maxim Integrated Products' next earnings date?

Maxim Integrated Products is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Maxim Integrated Products.

How can I listen to Maxim Integrated Products' earnings call?

Maxim Integrated Products will be holding an earnings conference call on Tuesday, January 29th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Maxim Integrated Products issued on next quarter's earnings?

Maxim Integrated Products updated its second quarter earnings guidance on Tuesday, October, 30th. The company provided earnings per share guidance of $0.59 to $0.65 for the period, compared to the Thomson Reuters consensus estimate of $0.73. The company issued revenue guidance of $570 million to $610 million, compared to the consensus revenue estimate of $629.42 million.

What price target have analysts set for MXIM?

19 brokerages have issued 1 year target prices for Maxim Integrated Products' stock. Their predictions range from $50.00 to $71.00. On average, they anticipate Maxim Integrated Products' share price to reach $59.8235 in the next year. This suggests a possible upside of 11.6% from the stock's current price. View Analyst Price Targets for Maxim Integrated Products.

What is the consensus analysts' recommendation for Maxim Integrated Products?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxim Integrated Products in the last year. There are currently 1 sell rating, 13 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Maxim Integrated Products.

What are Wall Street analysts saying about Maxim Integrated Products stock?

Here are some recent quotes from research analysts about Maxim Integrated Products stock:
  • 1. According to Zacks Investment Research, "Maxim's high dependence on Samsung is a risk to its growth trajectory. Also, the company is suffering from sluggish bookings and weakening momentum across its customers. These are affecting the company’s position in the industrial market. Further, it is experiencing seasonal fluctuations in the consumer market which remains an overhang. Also, slowing shipment of 100G optical module is likely to impact the company’s performance in data center market. However, Maxim’s solid momentum across the automotive market remains a major positive. Further, the company remains optimistic about its flexible manufacturing strategy which is expected to aid margin expansion. Estimates have been stable lately ahead of the company’s fiscal Q2 earnings release. The company has positive record of earnings surprises in recent quarters. Notably, the stock has outperformed the industry it belongs to over a year." (1/16/2019)
  • 2. Maxim Group analysts commented, "MXIM reported beat/raise results Thursday. F4Q (June) sales/EPS of $633M/$0.80 topped consensus’ $630M/$0.70E. F1Q (Sept.) outlook for $635M/$0.83 also bested Street’s $626M/$0.69E led by auto/industrial (52% of sales combined). GM widened 80bps to 68%. Core auto and industrial both grew double digits (%) Y/ Y. Normal seasonality should temper Q/Q growth in F1Q, though both auto/industrial should be up a solid DD (%) Y/Y. Mgmt indicated order patterns remain solid despite rising geopolitical/trade war concerns. Mgmt increased the dividend 10%; FCF yield now stands at 5.6%. Though executing well, we see risk/reward balanced here and remain sidelined for now." (7/27/2018)

Has Maxim Integrated Products been receiving favorable news coverage?

Press coverage about MXIM stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Maxim Integrated Products earned a news sentiment score of -1.4 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 impact on the stock's share price in the near future.

Are investors shorting Maxim Integrated Products?

Maxim Integrated Products saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 13,241,440 shares, a decrease of 13.3% from the December 14th total of 15,273,805 shares. Based on an average trading volume of 2,994,619 shares, the days-to-cover ratio is currently 4.4 days. Approximately 4.8% of the company's stock are short sold. View Maxim Integrated Products' Current Options Chain.

Who are some of Maxim Integrated Products' key competitors?

Who are Maxim Integrated Products' key executives?

Maxim Integrated Products' management team includes the folowing people:
  • Mr. Tunç Doluca, Pres, CEO & Director (Age 60)
  • Mr. Bruce E. Kiddoo, Sr. VP & CFO (Age 57)
  • Mr. Vivek Jain, Sr. VP of Technology & Manufacturing Group (Age 58)
  • Mr. Edwin B. Medlin, Sr. VP & Gen. Counsel (Age 61)
  • Mr. David M. Loftus, VP of Worldwide Sales & Marketing (Age 57)

Who are Maxim Integrated Products' major shareholders?

Maxim Integrated Products' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include KAMES CAPITAL plc (0.19%), Campbell Newman Asset Management Inc. (0.08%), Cullinan Associates Inc. (0.08%), Nisa Investment Advisors LLC (0.05%), Retirement Systems of Alabama (0.05%) and State of Alaska Department of Revenue (0.04%). Company insiders that own Maxim Integrated Products stock include Anthony Stratakos, Bruce E Kiddoo, Bryan Preeshl, Christopher J Neil, David Loftus, Edwin Medlin, James R Bergman, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Sumeet Gagneja, Tracy Accardi, Tunc Doluca, Vivek Jain and William D Watkins. View Institutional Ownership Trends for Maxim Integrated Products.

Which institutional investors are selling Maxim Integrated Products stock?

MXIM stock was sold by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Cullinan Associates Inc., Gulf International Bank UK Ltd, Campbell Newman Asset Management Inc., Narwhal Capital Management, First American Bank, DNB Asset Management AS and Bainco International Investors. Company insiders that have sold Maxim Integrated Products company stock in the last year include Bruce E Kiddoo, Bryan Preeshl, Christopher J Neil, David Loftus, James R Bergman, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Sumeet Gagneja, Tracy Accardi, Tunc Doluca and Vivek Jain. View Insider Buying and Selling for Maxim Integrated Products.

Which institutional investors are buying Maxim Integrated Products stock?

MXIM stock was bought by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Boussard & Gavaudan Investment Management LLP, TrimTabs Asset Management LLC, Gateway Investment Advisers LLC, Louisiana State Employees Retirement System, State of Alaska Department of Revenue, Hudson Valley Investment Advisors Inc. ADV and Nisa Investment Advisors LLC. View Insider Buying and Selling for Maxim Integrated Products.

How do I buy shares of Maxim Integrated Products?

Shares of MXIM 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, Scottrade, Fidelity and Charles Schwab.

What is Maxim Integrated Products' stock price today?

One share of MXIM stock can currently be purchased for approximately $53.61.

How big of a company is Maxim Integrated Products?

Maxim Integrated Products has a market capitalization of $14.85 billion and generates $2.48 billion in revenue each year. The semiconductor company earns $467.31 million in net income (profit) each year or $2.71 on an earnings per share basis. Maxim Integrated Products employs 7,149 workers across the globe.

What is Maxim Integrated Products' official website?

The official website for Maxim Integrated Products is http://www.maximintegrated.com.

How can I contact Maxim Integrated Products?

Maxim Integrated Products' mailing address is 160 RIO ROBLES, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-601-1000 or via email at [email protected]


MarketBeat Community Rating for Maxim Integrated Products (NASDAQ MXIM)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  661 (Vote Outperform)
Underperform Votes:  720 (Vote Underperform)
Total Votes:  1,381
MarketBeat's community ratings are surveys of what our community members think about Maxim Integrated Products and other stocks. Vote "Outperform" if you believe MXIM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MXIM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/21/2019 by MarketBeat.com Staff

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