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.
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Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Phone408-601-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.31 billion
Profitability
Miscellaneous
Employees7,131
Next Earnings Date10/29/2019 (Estimated)
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, July 30th. Investors of record on Thursday, August 29th will be given a dividend of $0.48 per share on Friday, September 13th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date of this dividend is Wednesday, August 28th. This is a positive change from Maxim Integrated Products's previous quarterly dividend of $0.46. View Maxim Integrated Products' Dividend History.
How were Maxim Integrated Products' earnings last quarter?
Maxim Integrated Products Inc. (NASDAQ:MXIM) posted its quarterly earnings data on Tuesday, July, 30th. The semiconductor company reported $0.57 EPS for the quarter, meeting analysts' consensus estimates of $0.57. The semiconductor company earned $557 million during the quarter, compared to the consensus estimate of $559.97 million. Maxim Integrated Products had a net margin of 35.76% and a return on equity of 37.75%. The business's revenue was down 12.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.73 earnings per share. View Maxim Integrated Products' Earnings History.
When is Maxim Integrated Products' next earnings date?
What guidance has Maxim Integrated Products issued on next quarter's earnings?
Maxim Integrated Products updated its first quarter earnings guidance on Tuesday, July, 30th. The company provided earnings per share (EPS) guidance of $0.46-$0.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.62. The company issued revenue guidance of $510-$550 million, compared to the consensus revenue estimate of $576.79 million.
What price target have analysts set for MXIM?
16 equities research analysts have issued 1 year target prices for Maxim Integrated Products' shares. Their predictions range from $51.00 to $70.00. On average, they anticipate Maxim Integrated Products' share price to reach $60.9333 in the next year. This suggests a possible upside of 4.2% from the stock's current price. View Analyst Price Targets for Maxim Integrated Products.
What is the consensus analysts' recommendation for Maxim Integrated Products?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxim Integrated Products in the last year. There are currently 2 sell ratings, 10 hold ratings and 4 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 solid momentum across the automotive market remains a major positive. The company is benefiting from increasing production of electric vehicle which is aiding the adoption rate of its battery management system products. Its strengthening content in driver assistance applications remains a major positive. Maxim expects to gain from content growth in factory automation which is likely to drive revenues in the industrial market. Further, the company remains optimistic about its flexible manufacturing strategy and diversified product portfolio. However, sluggishness in the demand environment remains a major concern for its position in industrial, consumer, communications and data center markets. Softness in smartphone business and 100G laser driver shipment are headwinds. The stock has underperformed the industry it belongs to over a year." (7/25/2019)
- 2. Maxim Group analysts commented, "MXIM reported Tuesday after the close. Echoing HPA bellwether TXN last week, MXIM’s F2Q (Dec.) Sales/EPS $577M/$0.60 fell short of consensus $590M/$0.62E. F3Q (Mar.) outlook of $530M/$0.52 also lagged vs. Street $595M/$0.64E. We attribute shortfall to macro headwinds and ongoing correction impacting the semiconductor group. Management’s seen improved booking patterns the past three weeks, though we’re inclined to attribute some of the relative improvement to pre-Chinese New Year holiday ordering and agree with management it’s premature to call a bottom (or rebound). GM declined ~85bps and is expected to drop to 65% in F3Q, largely on inventory reserves. MXIM is on track to return 125% of FCF to shareholders in fiscal 2019. Macro risk/uncertainty remains elevated as the group works through current broad-based correction…keeping us sidelined here." (1/30/2019)
Has Maxim Integrated Products been receiving favorable news coverage?
News headlines about MXIM stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring 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 nearest to five being the most favorable. Maxim Integrated Products earned a news sentiment score of -2.9 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Maxim Integrated Products.
Are investors shorting Maxim Integrated Products?
Maxim Integrated Products saw a decrease in short interest in the month of August. As of August 15th, there was short interest totalling 5,218,900 shares, a decrease of 10.2% from the July 15th total of 5,814,400 shares. Based on an average trading volume of 1,730,000 shares, the short-interest ratio is currently 3.0 days. Currently, 1.9% of the company's stock are short sold. View Maxim Integrated Products' Current Options Chain.
Who are some of Maxim Integrated Products' key competitors?
Some companies that are related to Maxim Integrated Products include Micron Technology (MU), Applied Materials (AMAT), Analog Devices (ADI), NXP Semiconductors (NXPI), Advanced Micro Devices (AMD), TOKYO ELECTRON/ADR (TOELY), Xilinx (XLNX), Infineon Technologies (IFNNY), Kyocera (KYOCY), Microchip Technology (MCHP), STMicroelectronics (STM), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), ASE Technology (ASX) and Qorvo (QRVO).
What other stocks do shareholders of Maxim Integrated Products own?
Who are Maxim Integrated Products' key executives?
Maxim Integrated Products' management team includes the folowing 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)
Who are Maxim Integrated Products' major shareholders?
Maxim Integrated Products' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (13.78%), Vanguard Group Inc. (11.36%), BlackRock Inc. (7.61%), BlackRock Inc. (7.61%), Invesco Ltd. (4.41%) and Bank of New York Mellon Corp (3.78%). Company insiders that own Maxim Integrated Products stock include 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 major investors are selling Maxim Integrated Products stock?
MXIM stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, American International Group Inc., M&T Bank Corp, Panagora Asset Management Inc., First Trust Advisors LP, Paloma Partners Management Co, Morgan Stanley and Price T Rowe Associates Inc. MD. 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, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Sumeet Gagneja, Tracy Accardi, Tunc Doluca, Vivek Jain and William D Watkins. View Insider Buying and Selling for Maxim Integrated Products.
Which major investors are buying Maxim Integrated Products stock?
MXIM stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Nuveen Asset Management LLC, NN Investment Partners Holdings N.V., Los Angeles Capital Management & Equity Research Inc., Man Group plc, BlackRock Inc., BlackRock Inc. and TD Asset Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.
What is Maxim Integrated Products' stock price today?
One share of MXIM stock can currently be purchased for approximately $58.50.
How big of a company is Maxim Integrated Products?
Maxim Integrated Products has a market capitalization of $15.87 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.View Additional Information About Maxim Integrated Products.
What is Maxim Integrated Products' official website?
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)
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.
