NASDAQ:MXIMMaxim Integrated Products Stock Price, Forecast & News

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 shares have increased by 21.9% and is now trading at $60.40. 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 quarterly earnings results on Tuesday, April, 28th. The semiconductor company reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. The semiconductor company earned $562 million during 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%. Maxim Integrated Products's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the company 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 given a dividend of $0.48 per share on Friday, June 12th. This represents a $1.92 annualized dividend and a yield of 3.18%. The ex-dividend date is Wednesday, May 27th. View Maxim Integrated Products' dividend history.

Maxim Integrated Products updated 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 earnings per share estimate of $0.45. The company issued revenue guidance of $480-$540 million, compared to the consensus revenue estimate of $511.71 million.

17 analysts have issued 1-year target prices for Maxim Integrated Products' shares. Their forecasts range from $48.00 to $74.00. On average, they anticipate Maxim Integrated Products' share price to reach $59.73 in the next year. This suggests that the stock has a possible downside of 1.1%. View analysts' price targets for Maxim Integrated Products.

News headlines about MXIM stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of 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 0.7 on InfoTrie's scale. They also assigned media coverage about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Maxim Integrated Products.

Maxim Integrated Products saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 5,370,000 shares, a decrease of 8.2% from the May 31st total of 5,850,000 shares. Based on an average daily volume of 2,950,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.0% of the shares of the company are short sold. View Maxim Integrated Products' Current Options Chain.

Some companies that are related to Maxim Integrated Products include Intel (INTC), NVIDIA (NVDA), 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."

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 $60.40.

Maxim Integrated Products has a market capitalization of $16.10 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]