NASDAQ:MXIM Maxim Integrated Products Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Maxim Integrated Products Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $64.60 -1.23 (-1.87 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$64.39Now: $64.60▼$66.5250-Day Range$65.15MA: $68.26▼$70.8252-Week Range$41.93Now: $64.60▼$73.52Volume2.40 million shsAverage Volume3.04 million shsMarket Capitalization$17.23 billionP/E Ratio26.92Dividend Yield2.92%Beta1.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.0 Analyst's Opinion Consensus RatingMaxim Integrated Products has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 2 buy ratings, 14 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.69, Maxim Integrated Products has a forecasted upside of 1.7% from its current price of $64.60.Amount of Analyst CoverageMaxim Integrated Products has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesMaxim Integrated Products has received 850 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMaxim Integrated Products has received 872 “underperform” votes. (Add your “underperform” vote.)Community SentimentMaxim Integrated Products has received 50.64% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldMaxim Integrated Products pays a meaningful dividend of 2.92%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMaxim Integrated Products does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Maxim Integrated Products is 84.96%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Maxim Integrated Products will have a dividend payout ratio of 67.13% next year. This indicates that Maxim Integrated Products will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Maxim Integrated Products insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,372,344.00 in company stock.Percentage Held by InsidersOnly 0.84% of the stock of Maxim Integrated Products is held by insiders.Percentage Held by Institutions89.36% of the stock of Maxim Integrated Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Maxim Integrated Products are expected to grow by 15.32% in the coming year, from $2.48 to $2.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Maxim Integrated Products is 26.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Maxim Integrated Products is 26.92, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 60.35.Price to Earnings Growth RatioMaxim Integrated Products has a PEG Ratio of 2.67. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMaxim Integrated Products has a P/B Ratio of 10.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.0Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.69 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductors SectorComputer and Technology Current SymbolNASDAQ:MXIM Previous Symbol CUSIP57772K10 CIK743316 Webwww.maximintegrated.com Phone408-601-1000Debt Debt-to-Equity Ratio0.60 Current Ratio5.11 Quick Ratio4.54Price-To-Earnings Trailing P/E Ratio26.92 Forward P/E Ratio26.05 P/E Growth2.67 Sales & Book Value Annual Sales$2.19 billion Price / Sales7.86 Cash Flow$2.64 per share Price / Cash Flow24.43 Book Value$6.22 per share Price / Book10.39Profitability EPS (Most Recent Fiscal Year)$2.26 Net Income$654.69 million Net Margins29.88% Return on Equity36.29% Return on Assets17.00%Miscellaneous Employees7,115 Outstanding Shares266,695,000Market Cap$17.23 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $64.60 -1.23 (-1.87 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MXIM News and Ratings via Email Sign-up to receive the latest news and ratings for MXIM and its competitors with MarketBeat's FREE daily newsletter. Maxim Integrated Products (NASDAQ:MXIM) Frequently Asked Questions How has Maxim Integrated Products' stock price been impacted by Coronavirus? Maxim Integrated Products' stock was trading at $49.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MXIM stock has increased by 30.4% and is now trading at $64.60. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Maxim Integrated Products? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxim Integrated Products in the last year. There are currently 1 sell rating, 14 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Maxim Integrated Products. When is Maxim Integrated Products' next earnings date? Maxim Integrated Products is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Maxim Integrated Products. How were Maxim Integrated Products' earnings last quarter? Maxim Integrated Products Inc. (NASDAQ:MXIM) posted its quarterly earnings results on Tuesday, July, 28th. The semiconductor company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. The semiconductor company earned $545.37 million during the quarter, compared to the consensus estimate of $542.66 million. Maxim Integrated Products had a return on equity of 36.29% and a net margin of 29.88%. Maxim Integrated Products's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.57 earnings per share. View Maxim Integrated Products' earnings history. 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, July 28th. Investors of record on Thursday, August 27th will be given a dividend of $0.48 per share on Friday, September 11th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date is Wednesday, August 26th. View Maxim Integrated Products' dividend history. What guidance has Maxim Integrated Products issued on next quarter's earnings? Maxim Integrated Products updated its fourth quarter 2020 Pre-Market earnings guidance on Monday, July, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $545-545 million, compared to the consensus revenue estimate of $511.23 million. What price target have analysts set for MXIM? 17 brokers have issued 1 year price objectives for Maxim Integrated Products' shares. Their forecasts range from $50.00 to $78.00. On average, they anticipate Maxim Integrated Products' share price to reach $65.69 in the next year. This suggests a possible upside of 1.7% from the stock's current price. View analysts' price targets for Maxim Integrated Products. Are investors shorting Maxim Integrated Products? Maxim Integrated Products saw a increase in short interest in August. As of August 31st, there was short interest totaling 9,350,000 shares, an increase of 12.1% from the August 15th total of 8,340,000 shares. Based on an average trading volume of 3,800,000 shares, the short-interest ratio is presently 2.5 days. Currently, 3.5% of the shares of the stock are short sold. View Maxim Integrated Products' Short Interest. Who are some of Maxim Integrated Products' key competitors? 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), Marvell Technology Group (MRVL), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Monolithic Power Systems (MPWR), First Solar (FSLR), Cree (CREE), Inphi (IPHI) and Silicon Laboratories (SLAB). View all competitors. What other stocks do shareholders of Maxim Integrated Products own? Based on aggregate information from My MarketBeat watchlists, some companies that other Maxim Integrated Products investors own include Intel (INTC), QUALCOMM (QCOM), NVIDIA (NVDA), Cisco Systems (CSCO), Micron Technology (MU), Advanced Micro Devices (AMD), Verizon Communications (VZ), Broadcom (AVGO), Pfizer (PFE) and Johnson & Johnson (JNJ). Who are Maxim Integrated Products' key executives? Maxim Integrated Products' management team includes the following people: Mr. Tunç Doluca, Pres, CEO & Director (Age 61)Mr. Bruce E. Kiddoo, CFO, SVP & Principal Accounting Officer (Age 58)Mr. Vivek Jain, Sr. VP of Technology & Manufacturing Group (Age 59)Mr. Edwin B. Medlin, Sr. VP & Gen. Counsel (Age 62)Mr. David M. Loftus, VP of Worldwide Sales & Marketing (Age 58) What is Maxim Integrated Products' stock symbol? Maxim Integrated Products trades on the NASDAQ under the ticker symbol "MXIM." Who are Maxim Integrated Products' major shareholders? Maxim Integrated Products' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.18%), Bank of New York Mellon Corp (4.15%), FIL Ltd (1.53%), First Trust Advisors LP (1.27%), Charles Schwab Investment Management Inc. (1.26%) and Bank of America Corp DE (1.17%). Company insiders that own Maxim Integrated Products stock include Bruce E Kiddoo, Bryan Preeshl, 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. Which institutional investors are selling Maxim Integrated Products stock? MXIM stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Bank of New York Mellon Corp, Goldman Sachs Group Inc., Bank of Montreal Can, Two Sigma Advisers LP, UBS Group AG, Robecosam AG, and Bank of Nova Scotia. Company insiders that have sold Maxim Integrated Products company stock in the last year include Bryan Preeshl, Edwin Medlin, Jon Imperato, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Tunc Doluca, and Vivek Jain. View insider buying and selling activity for Maxim Integrated Products. Which institutional investors are buying Maxim Integrated Products stock? MXIM stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Epoch Investment Partners Inc., Charles Schwab Investment Management Inc., FMR LLC, Conning Inc., State of Wisconsin Investment Board, Sumitomo Mitsui Trust Holdings Inc., and Marshall Wace LLP. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Maxim Integrated Products' stock price today? One share of MXIM stock can currently be purchased for approximately $64.60. How big of a company is Maxim Integrated Products? Maxim Integrated Products has a market capitalization of $17.23 billion and generates $2.19 billion in revenue each year. The semiconductor company earns $654.69 million in net income (profit) each year or $2.26 on an earnings per share basis. Maxim Integrated Products employs 7,115 workers across the globe. What is Maxim Integrated Products' official website? The official website for Maxim Integrated Products is 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] This page was last updated on 9/23/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
