NASDAQ:MXIMMaxim Integrated Products Stock Price, Forecast & News

Maxim Integrated Products' stock was trading at $49.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MXIM shares have increased by 29.4% and is now trading at $64.09. View which stocks have been most impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxim Integrated Products in the last year. There are currently 3 sell ratings, 11 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Maxim Integrated Products.

Maxim Integrated Products is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Maxim Integrated Products.

Maxim Integrated Products Inc. (NASDAQ:MXIM) issued its earnings results on Tuesday, April, 28th. The semiconductor company reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. The semiconductor company had revenue of $562 million for the quarter, compared to analyst estimates of $553.58 million. Maxim Integrated Products had a return on equity of 35.31% and a net margin of 37.00%. The firm's quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.52 EPS. View Maxim Integrated Products' earnings history.

Maxim Integrated Products announced a quarterly dividend on Tuesday, April 28th. Stockholders of record on Thursday, May 28th will be paid a dividend of $0.48 per share on Friday, June 12th. This represents a $1.92 annualized dividend and a yield of 3.00%. The ex-dividend date is Wednesday, May 27th. View Maxim Integrated Products' dividend history.

Maxim Integrated Products issued an update on its fourth quarter earnings guidance on Tuesday, April, 28th. The company provided earnings per share guidance of $0.43-$0.57 for the period, compared to the Thomson Reuters consensus estimate of $0.45. The company issued revenue guidance of $480-$540 million, compared to the consensus revenue estimate of $511.71 million.

17 brokerages have issued 12-month price objectives for Maxim Integrated Products' shares. Their forecasts range from $48.00 to $74.00. On average, they expect Maxim Integrated Products' share price to reach $59.73 in the next twelve months. This suggests that the stock has a possible downside of 6.8%. View analysts' price targets for Maxim Integrated Products.

Headlines about MXIM stock have trended neutral recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Maxim Integrated Products earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news coverage about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Maxim Integrated Products.

Maxim Integrated Products saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 4,890,000 shares, a drop of 8.9% from the June 15th total of 5,370,000 shares. Based on an average daily trading volume, of 2,760,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.9% of the company's stock are sold short. View Maxim Integrated Products' Current Options Chain.

Some companies that are related to Maxim Integrated Products include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Monolithic Power Systems (MPWR), Cree (CREE), Inphi (IPHI), First Solar (FSLR) and Silicon Laboratories (SLAB). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Maxim Integrated Products investors own include NVIDIA (NVDA), Intel (INTC), QUALCOMM (QCOM), Cisco Systems (CSCO), Verizon Communications (VZ), Alibaba Group (BABA), AT&T (T), Home Depot (HD), CVS Health (CVS) and Micron Technology (MU).

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

Maxim Integrated Products' stock is owned by a variety of retail and institutional investors. Top institutional investors include Robecosam AG (0.62%), Envestnet Asset Management Inc. (0.08%), Cullinan Associates Inc. (0.08%), State of Alaska Department of Revenue (0.05%), DNB Asset Management AS (0.01%) and Municipal Employees Retirement System of Michigan (0.01%). Company insiders that own Maxim Integrated Products stock include Bruce E Kiddoo, Bryan Preeshl, Christopher J Neil, David Loftus, Edwin Medlin, James R Bergman, Jon Imperato, 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.

MXIM stock was sold by a variety of institutional investors in the last quarter, including Robecosam AG, DNB Asset Management AS, Whittier Trust Co., Cullinan Associates Inc., TrimTabs Asset Management LLC, Arden Trust Co, Envestnet Asset Management Inc., and IBM Retirement Fund. Company insiders that have sold Maxim Integrated Products company stock in the last year include Bruce E Kiddoo, Bryan Preeshl, David Loftus, Edwin Medlin, James R Bergman, Jon Imperato, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Tunc Doluca, Vivek Jain, and William D Watkins. View insider buying and selling activity for Maxim Integrated Products.

MXIM stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, and Mount Yale Investment Advisors LLC. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of MXIM stock can currently be purchased for approximately $64.09.

Maxim Integrated Products has a market capitalization of $17.09 billion and generates $2.31 billion in revenue each year. The semiconductor company earns $827.49 million in net income (profit) each year or $2.43 on an earnings per share basis. Maxim Integrated Products employs 7,131 workers across the globe.

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

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]