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

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$55.03 +1.17 (+2.17 %)
(As of 03/21/2019 11:36 AM ET)
Previous Close$53.86
Today's Range$53.93 - $55.11
52-Week Range$46.64 - $63.68
Volume411,449 shs
Average Volume2.26 million shs
Market Capitalization$15.05 billion
P/E Ratio20.31
Dividend Yield3.39%
Beta1.32
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$3.3352 per share
Book Value$6.90 per share

Profitability

Net Income$467.31 million

Miscellaneous

Employees7,149
Market Cap$15.05 billion
Next Earnings Date4/25/2019 (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, January 29th. Stockholders of record on Thursday, February 28th will be paid a dividend of $0.46 per share on Thursday, March 14th. This represents a $1.84 annualized dividend and a dividend yield of 3.34%. The ex-dividend date of this dividend is Wednesday, February 27th. 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 initiated a share buyback program on Friday, July 21st 2017, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 7.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued.

How were Maxim Integrated Products' earnings last quarter?

Maxim Integrated Products Inc. (NASDAQ:MXIM) posted its quarterly earnings results on Tuesday, January, 29th. The semiconductor company reported $0.60 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.62 by $0.02. The semiconductor company earned $576.91 million during the quarter, compared to analyst estimates of $590.50 million. Maxim Integrated Products had a return on equity of 42.09% and a net margin of 28.72%. 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 Thursday, April 25th 2019. View Earnings Estimates for Maxim Integrated Products.

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

Maxim Integrated Products updated its third quarter earnings guidance on Tuesday, January, 29th. The company provided earnings per share (EPS) guidance of $0.49-0.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.64. The company issued revenue guidance of $520-560 million, compared to the consensus revenue estimate of $595.07 million.Maxim Integrated Products also updated its Q3 2019 guidance to $0.49-0.55 EPS.

What price target have analysts set for MXIM?

16 brokers have issued 12 month target prices for Maxim Integrated Products' stock. Their predictions range from $50.00 to $71.00. On average, they expect Maxim Integrated Products' stock price to reach $58.9286 in the next twelve months. This suggests a possible upside of 7.1% 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. 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)
  • 2. 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. 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." (1/29/2019)

Has Maxim Integrated Products been receiving favorable news coverage?

News headlines about MXIM stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 1.7 on InfoTrie's scale. They also assigned press coverage about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Are investors shorting Maxim Integrated Products?

Maxim Integrated Products saw a decrease in short interest during the month of February. As of February 15th, there was short interest totalling 10,869,737 shares, a decrease of 14.8% from the January 31st total of 12,758,126 shares. Based on an average daily trading volume, of 1,762,194 shares, the short-interest ratio is currently 6.2 days. Approximately 4.0% of the company's shares are short sold. View Maxim Integrated Products' Current Options Chain.

Who are some of Maxim Integrated Products' key 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), NVIDIA (NVDA), QUALCOMM (QCOM), Cisco Systems (CSCO), Micron Technology (MU), Alibaba Group (BABA), Starbucks (SBUX), Texas Instruments (TXN), Alphabet (GOOG) and Advanced Micro Devices (AMD).

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, Sr. VP & CFO (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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.42%), American Century Companies Inc. (3.78%), Bank of New York Mellon Corp (3.54%), American International Group Inc. (2.79%), Geode Capital Management LLC (1.55%) and Northern Trust Corp (1.36%). 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 BlackRock Inc., D. E. Shaw & Co. Inc., Two Sigma Advisers LP, Bank of New York Mellon Corp, Canada Pension Plan Investment Board, Donaldson Capital Management LLC, Squarepoint Ops LLC and First Trust Advisors LP. 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 major investors are buying Maxim Integrated Products stock?

MXIM stock was acquired by a variety of institutional investors in the last quarter, including American International Group Inc., Oregon Public Employees Retirement Fund, Norges Bank, Northern Trust Corp, Geode Capital Management LLC, Bahl & Gaynor Inc., Foresters Investment Management Company Inc. and Dimensional Fund Advisors LP. 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 $55.03.

How big of a company is Maxim Integrated Products?

Maxim Integrated Products has a market capitalization of $15.05 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:  683 (Vote Outperform)
Underperform Votes:  738 (Vote Underperform)
Total Votes:  1,421
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 3/21/2019 by MarketBeat.com Staff

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